These transactions are free:
- Paying a merchant directly from your Skrill wallet
- Receiving money to your Skrill account
- Sending money to an international bank account with Skrill Money Transfer
Venmo is an instant-pay, peer-to-peer (or P2P) money sending service that is owned by PayPal. And while PayPal sports betting deposits are now also available through the MatchPay platform, many users prefer Venmo due to its social media aspects, as users can automatically share their purchase histories with. Venmo is a digital wallet that lets you make and share payments with friends. You can easily split the bill, cab fare, or much more. Involve gambling, gaming.
Local payment methods
Global payment methods
Please note that if you use your credit card for gambling purposes your issuer may charge a ‘cash advance' fee. This fee is outside Skrill’s control, and we receive no part of it.
Local payment methods
Global payment methods
Skrill Money Transfer
- Involve gambling, gaming and/or any other activity with an entry fee and a prize, including, but not limited to casino games, sports betting, horse or greyhound racing, lottery tickets, other ventures that facilitate gambling, games of skill (whether or not it is legally defined as a lottery) and sweepstakes unless the operator has obtained prior approval from Venmo and the operator and customers are located.
- It enables and brings good luck, joy, balance and money especially when selling products, paying bills, gambling or playing loto. If you need a crystal that will help you stabilise financial situation, make sure to get one from our store while promo discounts are on! Jade - Crystal for Fortune and Wealth.
No fee when you use Skrill Money Transfer to send money to an international bank account.
International transfer in the same send and receive currency only
International transfer exchange rate mark-upUp to 4.99%
Exchange rate mark-up fee per transaction.
Domestic TransferUp to 2%
Domestic fee per transaction. This fee will be charged when the transfer begins and ends in the same country.
Skrill Money Transfer does not charge recipients any fee to receive
Skrill to Skrill
1.45%, min 0.50 EUR fee is applied if you have funded your wallet via Card or Bank Account.
*If you haven't made any deposit to your Skrill account, or have deposited via NETELLER, paysafecard or BitPay, a higher fee of 4.49%, min 0.50 EUR will apply.Free
Receiving money is always free of charge
You will see the applicable fee before you complete your transaction.
Sports Gambling Venmo
Your Skrill account is free for personal use as long as you log in or make a transaction at least every 12 months.
Otherwise a service fee of EUR 5.00 (or equivalent) will be deducted monthly from your account.
Venmo Sign Up
For transactions involving currency conversion Skrill adds a fee of 3.99% to our wholesale exchange rates. The exchange rates vary and will be applied immediately without notice to you.
If your Skrill Account is denominated in a currency other than Euro, your Cryptocurrency Transactions will be subject to currency conversions. In this case, we will apply foreign exchange fee of 1.5%.
Prepaid card fees
Our fees are transparent, so you always know where you stand. Here are the fees we charge for using our Skrill Prepaid Mastercard®:
- 10 EUR card application
- 10 EUR annual fee
- 3.99 % FX fee
- 1.75 % ATM fee
- POS transactions are free
- Skrill virtual card application – first is free, any subsequent card is 2.5 EUR.
Simple and transparent fees
Crypto Buy / Crypto Sell
|Transactions up to EUR 19.99||EUR 0.99 per transaction|
|Transactions between EUR 20 – EUR 99.99||EUR 1.99 per transaction|
|Transactions above EUR 100||1.50 % per transaction|
Fee: 0.50 % per transaction
Please note that the Skrill Cryptocurrency Service is not regulated by the Central Bank of Ireland.
|Provision of inaccurate or untruthful information and lack of cooperation fee (s. 4.5)||up to EUR 150|
|Chargeback fee (s. 8.3)||EUR 25 per chargeback|
|Attempted cash upload fee (s. 8.12)||EUR 10 per upload|
|Prohibited Transactions fees (s. 11)||up to EUR 150 per instance|
|Reversal of a wrong transaction fee (s. 12.7)||up to EUR 25 per reversal attempt|
If you checked your Venmo feed last Sunday between 6pm and midnight, you might have noticed that it was awash with Super Bowl-related transactions, from the semi-innocuous 'tom brady is bad bye!!!!!!!!!,” to the more, uh, sus 'Rigging the Super Bowl.” Venmo told The Outline Sunday in no uncertain terms that gambling on sports through Venmo is not only broadly illegal in most places in the US, but against the company's terms of service. According to research done by The Outline using the transaction data available through Venmo’s public API, on average 44 percent of Sunday night's transactions included messages with Super-Bowl-related terms and 14 percent directly referenced gambling.
All Venmo transactions require a message of some sort, and they’re generally pretty transparent. Inspired in part by Vicemo — the website that provides a comprehensive list of every public Venmo transaction accompanied by a vice-related message (like, a bunch of tree emojis, “drank,” “drugs,” or, of course, the ever popular “drugz”) — I sampled transactions for the messages listed in Venmo’s public API against a variety of Super Bowl keywords (“football,” “Super Bowl,” “fucktomb,” etc.) and gambling-related keywords (“squares,” “prop,” or “bet,” as in, “In hindsight, maybe betting the mortgage on the Patriots wasn’t the best idea”) keywords in order to get a rough estimate of the number of people who used Venmo for possibly illegal purposes last night.
Based on my research, there were about 139,500 Venmo transactions occurring per hour, which evens out to approximately 837,100 Venmo transactions over the course of the evening. Forty-four percent of these transactions were obviously related to the Super Bowl in some way, and at its peak in the minutes after the game ended, 14 percent of transactions explicitly referenced gambling (i.e. 'Refund for super bowl squares,” “illegal super bowl gambling”), with an 8 percent average overall.
I’m guessing (hoping?) that a sizable portion of Super Bowl Sunday betters were a little less conspicuous with their payments. Regardless, there was likely anywhere from 65,000 to 370,000 Super Bowl gambling-related transactions on Venmo Sunday night. This is all, mind you, illegal in most states and totally against Venmo’s Terms of Service.
Despite the fact that Venmo staffed its HQ specifically for this event, the app still experienced a considerable amount of lag directly after the big game. Lots of users took to Twitter to point the finger at gamblers, who they alleged had overwhelmed the app with Super Bowl-related payouts.
Why is Venmo so slow? Is it because everyone is using it to pay off lost bets?
Venmo Gambling Sites— Caleb Kaslik (@calebkaz96) February 5, 2018
My entire Venmo timeline is people losing money on the Super Bowl.— Jack Falahee (@RestingPlatypus) February 5, 2018
Sports Betting Venmo
While the Super Bowl is Venmo’s biggest day of the year, it’s certainly not the only day its users appear to gamble: An analysis by Quartz in 2017 showed that up to a third of the transactions on the whole service appeared to be gambling-related on the morning of the first March Madness game. Venmo did not respond to a request for comment. Gambling apps for real money.