What is Skrill?
For Indian casinos and sportsbooks to undergo a complete digital transformation, it requires payment facilities that are reliable, secure, and up to the challenge. Skrill, a brand by Paysafe Holdings UK, is considered one of the most popular payment processors operating in the market. With its commitment to complete customer support, Skrill India offers you a smarter way to top-up your account and request payments.
As a leading payment processor, Skrill accepts major currencies, including Indian Rupees (INR), US Dollar (USD), and Euro (EUR). It also works with local banks and financial institutions including the Unified Payments Interface of India.
With this comprehensive support, it’s easy to understand why Skrill is a popular e-wallet among many Indian casino players. Read the guide below on how you can get started with this payment option in leading Indian casinos.
Skrill: A Convenient Way to Top-up Your Casino Account
Skrill is a popular e-wallet provider established in 2001 and offers its customers a convenient way to send and receive money online. As a financial platform, the site operates just like a bank account where you can receive money, pay for products and services, and transfer funds to merchants including online casinos.
There’s also an option to store your money in your account, thus earning its name as an ‘e-wallet’. Since its launch, the company has expanded its portfolio of services and is now available in more than 120 countries. Also, the site supports more than 40 different currencies including INR making Skrill a leading online payment processor.
How Skrill Works as a Payment Processor
As mentioned, Skrill works like your regular bank account. The primary difference is that all transactions are digital, and you need to download the app to access its services, using your preferred mobile device.
If you’re planning to use this as your preferred casino payment option, first you need to download the app on your phone. Registration is required where you need to submit your complete name, address, preferred currency, and password. The approval of the account is finished in minutes, allowing you to instantly deposit and play casino games. After completing the registration procedure, you can now fund your account. You can use credit and debit cards, bank transfers, and even Bitcoin to transfer funds. Another option is to receive funds from other Skrill accounts or online financial services. With your funded Skrill account, you’re now ready to use it in your preferred Indian online casino.
Reasons Why You Should Use Skrill
When you visit some of the leading Indian casinos, you’ll find Skrill as a leading option that’s available for payments. Just like credit and debit cards, this payment facility is everywhere and accepts transactions in Indian Rupees. But other reasons make Skrill a highly recommended payment option in online casinos.
- Low-cost transfers. Once you have funded your account, you can enjoy low-cost international transfers. Transactions between Skrill accounts are free. However, you will cover a minimal charge of roughly 2.5% when using local payment methods in India like United Payments Interface. This fee also applies to the use of credit and debit cards when uploading funds to your account.
- Instant transfers. Just like Neteller, Skrill boasts instant transfers in most Indian casinos. Deposits and withdrawals using this payment facility are credited instantly to your account.
- Strong Customer Authentication. Skrill is committed to the safety and security of its customers. As such, the company adheres to the new European regulatory requirement for security. Therefore, Skrill now asks for additional authentication in the form of a 6-digit code on your mobile phone or through verification of the primary email address.
Integration with cryptocurrency. Skrill supports more than 40 currencies including Indian Rupees (INR). Aside from these currencies, the site now supports leading cryptocurrencies including Bitcoin. With your account, you can now buy and sell cryptocurrency.
Sign Up for a Skrill Casino Account
When it comes to safety and convenience for funding your casino account, you can’t go wrong with Skrill. As a member of the Paysafe Group, this payment processor brings in experience and technical expertise to process your payments to and from a casino. It’s also regulated and monitored by the Financial Conduct Authority under the Electronic Money Regulations 2011 so you can be sure that your information is safe and transactions are always above-board.