Skrill forges Identity Verification Deal
One of the many challenges that the online casino industry faces is how to legitimately verify casino players' ages and identities. The importance of doing so goes a long way to protecting online casino players against fraud and unauthorized transactions from credit cards and bank accounts. The verification process also helps to protect casinos against fraud, charge backs and bonus abuse which means that they are able to offer better online casino bonuses and promotions to their loyal players.
In addition, age verification assists in protecting minors and ensuring that they are not able to gamble unless they are of legal age. This is of paramount importance due to the fact that anti-online gambling proponents often argue that underage players are able to easily gamble online without supervision or intervention. The majority of online casinos who hold player security as a high priority already have age verification processes in place but when these are supported by the companies that enable financial transactions between casinos and players, this argument is rendered unfounded and useless.
With all of this in mind, Skrill (formerly known as Moneybookers) has forged a significant identity verification deal with Cybits Holding AG. This deal will significantly impact players in the German market who play at popular Microgaming powered casinos like Golden Tiger that accept Skrill as a payment method for deposits and withdrawals. The addition of identity verification services by Cybits serves to further enhance Skrill's already impeccable reputation and offer an improved payment solution for German online casino players.
Like all trusted online casinos, Skrill takes the threat of fraud and identity theft very seriously, which is why they work diligently to ensure that it is genuinely the account owner that is logged into the account when funds are transferred to and from an account. Over the years Skrill has proved to be an excellent online casino payment solution, and now German players have yet another good reason to use them.