Skrill v Neteller v Wire etc

[Gerry Casino]

Hi again, I'm inclined to chose wire transfer to receive commissions, but what are the main benefits / disadvantages of using skrill v wire transfer?
(I'm based in Europe promoting UK programs.) Thanks

 

[KasinoKing]

Generally there will be much lower limits for Skrill & Neteller - some of my programs even send my pay when it is less than €/£50!
It is also usually quicker.
Of course, you have to offset that against the charges you face when withdrawing from the wallets.

Personally I prefer the wallet method and always go that route if possible, as it's easier to keep track of everything.
Depending on the currency the operator pays in, I use...
Skrill for €
Neteller for $US
Wire for £

KK

 

[Gerry Casino]

Okay thanks, starting out its prob worth it so.

 

[Frank]

I prefer Neteller.. But also use Skrill.. Wire is my last option but some of my bigger accounts I use wires for

 

[Kadabra]

You should also check the fees, since some programs have fees for wire for example...

 

[alin04]

I prefer Skrill. I use also Neteller, but the commisions for withdrawal from Skrill are lower.

 

[peterhanneman]

I like Skrill as most of casino sites allow it and good thing is you don't need to wait for bigger payout amount.

 

[NDG]

The affiliate programs normally tack on a fee for a wire transfer, and they won't let you
withdraw your earnings until you've reached a certain amount. Paying into an e-wallet
is so much easier, and you can withdraw all of your payments at once to your bank
account or debit card. Also, a wire transfer may end up going through multiple banks
before it reaches you, and sometimes these banks will take a fee from the transfer as well.

 

[Shaun O'Neill]

Guys point to note on Neteller, if you are a UK based affiliate and the operator does not have a UK license you will not be able to select Neteller as payment option.

Shaun

 

[slotplayer]

I wish I had an ewallet. My bank is raising the collection fee to $25 now for a non-usa check starting next month.

 

[edgarf76]

I wish I had an ewallet. My bank is raising the collection fee to $25 now for a non-usa check starting next month.

Same. Thing happened to us

 

[Ari Waknine]

Hi,

I was using Skrill and them moved to Neteller while playing on UK online casinos. But recently I switched to Ukash which is good too.

Cheers!

 

[AussieDave]

I'm inclined to chose wire transfer to receive commissions

I switched to Ukash which is good too.

With your spammy post yesterday and with this off-topic post now, looks like your just trying to increase you post count...just sayin.

 

[Guard Dog]

I'm not sure why you think it is spam? The OP seems genuine. and the second post you have quoted seems quite fine and on topic as well. Maybe you didn't read the full thread?

 

[CygX1]

Shabby monopolists!

Changes to Skrill Prepaid MasterCard® fee structure

Dear -user-,

We hope you are enjoying your Skrill Prepaid MasterCard services.

We have recently reviewed our fee structure and we are getting in touch to let you know about a planned future change to the cash withdrawal fee.

The fee for cash withdrawals using your Skrill Prepaid MasterCard will change to 1.75%. Please note, this fee is applied to the withdrawal amount which may also include an ATM service charge applied by the ATM provider.

If you withdraw money using your Skrill Prepaid MasterCard, this change will affect you and we encourage you to visit our fees page for full details.

This change will come into effect on 17th May 2016

If you do not wish to agree to these changes, you may cancel your card free of charge any time before the above date. Alternatively, you can review other withdrawal methods available to you on our fees page. Should you wish to terminate your account, you can do so at any time by contacting our Customer Service team.

Thank you for using Skrill.

Regards,

The Skrill Team

 

[KasinoKing]

Shabby monopolists!

I noticed just yesterday that the fee Skrill charge for withdrawals to my bank account has gone up from €2.95 to €3.95.
Doesn't sound much, but that's an increase of 25%

On top of that they make even more money by using a "fake" lower exchange rate:
On my withdrawal yesterday they gave me 0.7606 £/€
The official exchange rate yesterday was 0.7854 £/€
So they short-changed me by around 2.5 pence for every Euro I withdrew... when we are talking in €1,000's - it's a big chunk of change going into their pockets... about £25 for every €1,000 I cashed out.

KK

 

[RyanWeb]

With that in mind, I see a few good US programs moving towards using Bitcoin this week.. What is the Bitcoin market like for UK programs? If any of them can pay via that option, that should eliminate a lot of these problems..

I honestly just started researching it more and opened an account at coinbase this week, I know very little about how many programs are currently using it to pay affiliates.

 

[slotplayer]

I wish I had an ewallet. My bank is raising the collection fee to $25 now for a non-usa check starting next month.

Off the top of my head I've paid at least $160 more to the bank since I posted last August.
Even my other business has seen increases in Jan. UPS increased rate 4.9% and USPS increased rates a whopping 15-17%. Not to mention PayPal doing away with the volume discounts on cc transactions.

 

[gobo]

Shabby monopolists!

What was the fees before the raise?

 

[slotplayer]

I noticed just yesterday that the fee Skrill charge for withdrawals to my bank account has gone up from €2.95 to €3.95.
Doesn't sound much, but that's an increase of 25%

On top of that they make even more money by using a "fake" lower exchange rate:
On my withdrawal yesterday they gave me 0.7606 £/€
The official exchange rate yesterday was 0.7854 £/€
So they short-changed me by around 2.5 pence for every Euro I withdrew... when we are talking in €1,000's - it's a big chunk of change going into their pockets... about £25 for every €1,000 I cashed out.

KK

isn't it more than 25%?