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Thursday September 26,2013 : SAVE ON INTERNET GAMBLING TRANSFER FEES WITH SKRILL
Skrill iT is a new service designed to cut money transfer fees in half.
Online gambling fans using the Skrill e-cash processing service will be pleased to hear about a new product titled Skrill iT, a service that has been designed to cut money transfer fees in half.
Skrill iT will be accessible in more than 200 countries to senders and receivers, with money transfers available in 40 different currencies, and users requiring only an email address to transmit funds securely via the internet.
Transmission is immediate, which means the money is received instantly and can be transferred to a bank account or withdrawn from over 1.9 million ATMs around the world using a Skrill Prepaid MasterCard.
The World Bank has predicated the global remittance market will be worth around $608 billion (Euro 456 billion) by 2014 – with $468 billion flowing into developing countries.
The World Bank has also set a goal for global money transfer costs, which currently average at 9 percent, to be reduced – something a Skrill statement said the company is committed to doing.
Skrill's VP of electronic remittances, Jonathan Wood, says that money transfer represents a crucial lifeline for millions, yet until now, the process has been more reminiscent of the previous century, and not the current digital age.
“Skrill iT significantly cuts the current cost of money transfer," Wood claims. "Skrill iT means customers can send money instantly and globally for just 1 percent (capped at a Euro 10 maximum fee) plus a FX fee ranging from 2.99 percent for the major currencies through to no more than 4.99 percent for even the smallest of currencies.
“As a result, fees are cut by up to half compared to the current average of 9 percent.”
The private equity group CVC Capital Partners acquired Skrill (formerly Moneybookers) last month
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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