Skrill Canada News
As you know, we not just report about good, but also about bad Skrill news, as we have to do today about future development of Skrill Canada.
Canada Skrill customers as well as Canadian affiliates have been or will be shortly informed about the changes:
We wanted to let you know that Skrill has reviewed its operations and will cease processing gambling payments in Canada. Payments to gambling merchants will no longer be processed from 2 January, with payments from merchants ceasing on 31 January.
Skrill will be notifying active gamblers next week and will also communicate this to its broader Canadian customer base. Please ensure you liaise with appropriate departments within your business to communicate this development and to articulate any impact across your organisation.
Skrill would like to thank you for your custom and remains committed to partnering with you to support your future business plans.
Beside several posts at well-known online gambling forums, like a report by Ben “Sauce123” Sulsky at 2+2, we were also informed about these changes and can confirm them to be correct.
Skrill Canada for non-gambling business
Please note that these changes will be made for Skrill Canada customers using their funds for online gambling activities as transferring them to and from gambling merchants, only.
The future of Skrill Canada shall be understood as it was for Skrill USA customers so far: only those funds which are not flagged as gambling-sourced money will be able to be withdrawn or used for future business.
FAQ about Skrill Canada
Q: What is Skrill doing?
A: Skrill has reached a decision that it will no longer process gambling payments in Canada. This process will be completed in two phases – firstly the service will end by disabling payments in to gambling merchants on 2 January, and then following this, payments out shall be turned off on 31 January.
Q: Why is Skrill doing this?
A: The decision to cease to process gambling payments in Canada has been made as the result of a review of Skrill’s operations.
Q: What drove Skrill’s decision to make this change?
A: The decision to cease to process gambling payments in Canda has been made as the result of a review of Skrill’s operations.
Q: Have regulations in Canada changed?
A: Skrill is not aware of regulatory change in Canada.
Q: If a customer has a payout due from a gaming merchant, what will happen with their money?
A: Although gambling customers will not be able to pay into a gambling merchant from 2 January, they will be able to withdraw funds from gaming merchants until 31 January. This grace period has been put in place to enable customers to make any withdrawals.
Q: Is this restriction only applying in Canada?
A: This issue refers to Canada only.
Q: Can customers still use their Skrill account?
A: Customers can use their Skrill wallet to make safe and fast online payments. Customers can pay with their bank account or debit and credit cards without having to enter any sensitive details online. They can also upload and send money internationally to anyone with an email address, or use the Skrill Prepaid MasterCard to make offline transactions, with access to 1.9 million ATMs and payments everywhere MasterCard cards are accepted.
Q: Is Skrill planning to fully restrict Canada?
A: This restriction refers to gambling payments only.
Q: Is Skrill obliged to share information about transaction history with public and tax authorities in Canada?
A: Skrill will only share information with authorities where specific action is taken to demand it
Q: What will happen to VIPs’ status and loyalty points?
A: Customers can still redeem their loyalty points. VIP status can be retained through the normal qualifying criteria, as long as use is not within the gambling sector.
Q: What impact will this have on Skrill’s merchant relationships?
A: Skrill has informed its gambling merchants of this change and hopes to continue to work with them to support their business objectives.
Q: What can Canadian gamblers do know if they want to gamble online?
A: A number of organisations have ceased to support gambling payments in the Canadian market, but there are some who continue to do so.
Q: Can Canadians use offshore merchants to gamble and use the Skrill wallet
A: Canadians will be able to continue to use the Skrill wallet for non-gambling purposes, but payments will not be processed to or from gambling merchants from Canadian IP addresses.
As soon as any more official information are given, we will update these news and will let you know.