Guide to Skrill e-wallet in India 2024
Skrill stands out as a favored and secure e-wallet choice among Indian casino enthusiasts. Originating in 2001 under the moniker Moneybookers in the United Kingdom, Skrill has evolved into a widely embraced payment solution across various nations, India being one of them. Beyond its utility in casino transactions, Skrill serves as a versatile platform for money transfers among individuals and within numerous industries, including e-commerce.
What sets Skrill apart for Indian players is its support for Indian rupees, along with its compatibility with nearly all online casinos, simplifying the deposit and withdrawal processes significantly.
Explore some of our top recommendations for Indian online casinos that seamlessly integrate Skrill into their payment options.
How do you sign up for Skrill in India?
To sign up for Skill is very easy and it will be done in a few easy steps.
- Start with heading over to Skrill.com and initiate the registration process. You’ll be asked to provide some personal details, email and password.
- After the initial setup you’ll have to link your account to a financial instrument such as a credit or debit card or bank account, the choice is yours.
- After this is done you can start using your Skrill account to depositing money!
Skrill also offers a prepaid MasterCard for Indian customers, at the time of writing Skrill only supports (Euro, Pounds, Dollars, and Polish Zloty) but we’ll let you know when Indian rupees are available as a currency. The card is very convenient to use as it’s linked to your Skrill account and is accepted at all merchants accepting Mastercards. You can also issue a virtual prepaid card and use as a debit card.
How to deposit using Skrill?
Once your account setup is complete, you’re all set to begin. Ensure you fund your account with your desired amount, noting that there’s currently a deposit fee of approximately 2.5%. You have the option to top up using various methods, including UPI, Neteller, bank transfers, or credit/debit cards like VISA and MasterCard.
- Login in to the casino and open the cashier
- Choose Skrill as deposit method
- Choose the deposit amount
- Enter your email and password
- Confirm the deposit and your money should arrive instantly
How to Withdraw using Skrill?
When you decide to withdraw funds from your casino account, you’ll find the process to be straightforward and swift, much quicker than a standard bank transfer. Withdrawing from your Skrill account incurs a withdrawal fee of INR 485.50 currently. It’s important to note that this fee applies only to withdrawals from Skrill, not from the online casino. Alternatively, you can request a direct bank transfer from the online casino to bypass the Skrill withdrawal fee.
- Visit your online casino and open the cashier
- Confirm your account balance and the minimum withdrawal amount
- Select Skrill as withdrawal method
- Enter the amount you want to withdraw from your account
- Enter your Skrill details and confirm the transaction
Is Skrill a safe payment method?
Skrill stands out primarily for its robust security measures, offering users a high level of protection by eliminating the need to disclose sensitive card or bank details to the casino. Instead, the casino only accesses your Skrill account information, enhancing privacy. This feature proves especially beneficial for those wary of having gambling transactions reflected on their card or bank statements.
Understanding E-Wallets
Skrill operates as an e-wallet, a familiar term in the digital payment realm. Essentially, an e-wallet is a secure online payment method designed to store funds safely, streamlining transactions while safeguarding sensitive financial information. With e-wallets like Skrill, users can conveniently top up their accounts using various sources, including credit cards or bank transfers, without compromising security.
- Online casinos offer much faster withdrawal process when using e-wallets.
- Skrill e-wallet gives you extra privacy as you don’t have to expose your card or bank account to the online casino.
- You don’t have memorise your card details, just login using your email and password.
FAQ Skrill
Most online casinos support Skrill, check out our top list above for recommend Indian casinos.
Skrill is a very safe payment method for Indian players following all the regulations.
No, there is usually no deposit fee for Indian players.
Yes, the minimum deposit is usually ₹500, to ₹2000.
Yes, Skrill supports Indian Rupees.
Skrill is very easy to use and when withdrawing to an e-wallet you’ll get a much faster withdrawal process.
Published on May 21, 2020 by Matt Brown. Last updated: February 11, 2024