Skrill, formerly known as Moneybookers, is a popular online payments company that was established in 2001. Skrill is currently owned by the Paysafe Group which includes Neteller and Paysafecard. It offers quick, simple, and inexpensive Live Casino deposits with competitive pricing, fees, and exchange rates. It’s basically impossible to find an online casino today that doesn’t offer Skrill, making it one of the most popular e-wallets among online gamblers. Furthermore, payments are instant. So, your deposits and withdrawals are processed super fast.
Best Skrill Casinos
Ever since Moneybookers first appeared, online casinos and poker sites, embraced this popular payment method. Moreover, it’s widely used at sports betting sites and other online businesses. Below you can find our most recommended Skrill Casinos in India.
What is Skrill?
Skrill has been in the money transfer business for almost two decades now, due to a wide range of reasons. A few of them include:
- High visibility – View all your transactions in one centralized dashboard
- Easy to use – Sign up and start using the online service
- Economical – Very competitive pricing options
Skrill is an e-commerce focused payment services platform with one of the lowest fees among e-wallets. Transactions are quick and easy to perform and are available across nearly 200 countries and 40 currencies. Indian Live Casinos are all using this reliable payment method. Once you are up and running, it is arguably one of the fastest and most reliable casino payment methods in India. Security is never an afterthought. Each and every transaction is carried out via an encrypted and secure connection.
Skrill helps you with record-keeping while also allowing for the privacy of your transactions. Transactions do not show up on your bank records. Therefore, it is a huge advantage for Indian gamblers who want to safeguard their anonymity and start gambling with no hassles or risks. You can also download their mobile app from Google Play and the App Store and then you can make quick mobile payments. Unfortunately, Skrill is not integrated with UPI or Netbanking platforms, such as Paytm and Google Pay are. And this makes it less convenient for online gambling in India.
How Does it Work?
For you to be able to deposit through Skrill and you don’t have an existing Skrill account, you need to create one. Next, you will have to set up your account with your credit card or bank information, so that you can fund your account. As soon as you have completed this process you can use Skrill for deposits at online casinos:
- Visit this Skrill India site and create a casino account.
- Fund your account by making a Skrill deposit.
- Play your favorite live casino games.
Fees and exchange rates are one of the lowest among its peers. Skrill charges a flat 2.5% fee for depositing funds using local and global payment methods. Furthermore, when withdrawing money, a fee of 400 Rupees (roughly) is charged. Domestic transaction fees are lower than international transfers. If you make a domestic transfer, then you’ll be charged a transaction fee of up to 2%.
In case the Skrill wallet is funded via Card or Bank Account you will be charged a transaction fee of 1.45%. And this fee is a minimum of 40 Rupees (roughly). This fee applies when you transfer funds from one Skrill account to another. However, if no deposit is made to your Skrill account, or if the deposits were made via Neteller/BitPay, a higher fee is levied. For example, customers who registered after 8 April 2020, pay a fee of 4.49%. In the case of transactions involving currency conversions, Skrill charges a fee of 3.99% to its wholesale exchange rates. Also, a foreign exchange fee of 1.5% applies if the Skrill account is denominated in a non-Euro currency.
Additionally, be aware that you have to pay fees for inactive accounts. Also, if your account stays inactive for more than 12 months, then a monthly service fee of roughly 400 Rupees is applied.