Making a payment with Skrill – a step by step guide
Using bookmakers with Skrill makes sense for Indian players. It’s a great way for Indian players to successfully play on all the great foreign casino and sports betting sites with Skrill. But if you’ve never used Skrill before, you’ll be pleased to know it’s simple and easy to get signed up and playing at an online bookmaker with Skrill.
Before using an online bookmaker with Skrill, you must set up a Skrill account, from either the website or mobile app. Just enter personal details, choose your Skrill ID, password, and verify the account.
Next fund your Skrill account. You can do this by adding a bank account, credit card, bank transfer, or even with Bitcoin. At this stage, you have to choose a currency which is fixed for your account from this point.
Now register at the casino or sports betting sites with Skrill. As we’ve said, there are plenty of Skrill betting sites in India. Signing-up at any of them will be similar – personal details, email, set up log-in details and undergo any verification procedure.
To make your first payment at any bookmakers with Skrill, select Skrill as a payment option, enter your Skrill ID/email and password.
Average time for Skrill deposits and withdrawals
Deposit times with an online bookmaker with Skrill are practically instant, usually taking less than a minute as is standard across online sites now. However, when using an online bookmaker with Skrill to withdraw your money, it will take the usual 3-5 business days, although in our experience it’s usually a faster process than this. However, the process can be delayed at times if verification of your details or the payment is required by the casino or sports betting sites with Skrill.
Verification required for using Skrill
Verification with Skrill is important as it means you can use the best betting sites with Skrill in India without restrictions.
Verification begins with uploading scans through the verify section of your Skrill account – photo ID (driving licence, passport, or national ID card) and a selfie to confirm identity plus documents confirming your address. Next, you must add funds to your Skrill account. Your documents will be reviewed by Skrill and you will be emailed once the verification process is fully completed.
History of Skrill
Skrill has been around since 2001 when it began life as money transfer service Moneybookers. Initially, the service was designed for e-commerce and as a way to move money from place to place.
In 2011, the Moneybookers name was changed to Skrill, (a shortened form of the slang word ‘skrilla’, meaning money). Since then, the company’s gone through various acquisitions and mergers, including the acquisition of Paysafecard in 2013 and Ukash in 2015. In 2015, Optimal Payments, the parent company of the Skrill’s rival Neteller, acquired the Skrill Group for €1.1 billion.
Skrill Compared to Other Payment Methods And Providers
Simply put, for us Indian players and bettors, Skrill is one of the few ways we can deposit and withdraw from foreign betting sites. So many other payment methods are limited, restricted, and blocked due to government and financial restrictions, so using an online bookmaker with Skrill is one of the few options left to us.
Credit cards and debit cards, as well as bank transfers, are often blocked from working with foreign betting sites, with players never certain if their payments will go through or not. For more on our investigations into this, see our articles on the best betting sites with credit card in India and best betting sites with bank transfer in India.
When it comes to e-wallet methods of payment, PayPal doesn’t allow Indian bettors to use the site for gambling. However, in addition to being able to access Skrill betting sites in India, you are also able to use alternatives, including Neteller and ecoPayz. Again, it’s definitely worth checking out our guides to Neteller and the best betting sites with ecoPayz in India. The three main e-wallets for India all offer good service and are all respected and trusted.
We’ve also seen an upsurge in Indian players wishing to use the new breed of online bookmaker with Bitcoins.
Most popular payment methods for India
The biggest problem for those of us in India is that we have to go to foreign betting sites and the government and financial authorities make it very difficult for us to use credit cards, debit cards, bank accounts, and even PayPal for this.
This means we are effectively limited to using either Bitcoin or e-wallets. Fortunately, that means we do have access to Skrill betting sites in India and we can also use Neteller and ecoPayz. We’ve also got the option of using Bitcoin or other cryptocurrency options. But for our money, we’re pleased to say we think our best option is in finding a great online bookmaker with Skrill for all our betting.
The Skrill FAQ – answering the most common Skrill questions for you!
To us, using Skrill is the obvious solution to your betting issues! We know that you can use Skrill betting sites in India, but that doesn’t mean you won’t have any questions about using Skrill – so, here are our top 5 FAQs for using an online bookmaker with Skrill.
Yes – although India’s laws regarding online betting are a grey area, it is definitely not illegal to use Skrill for betting at foreign sites.
Yes – and because of Indian laws regarding foreign currency exchange, we recommended that you do.
Yes. It’s an established, trustworthy and secure way of moving your betting cash around. Information is encrypted and Skrill holds Payment Card Data Security Standards (PCI-DSS) Level 1 – the highest level you can find.
Because we have to use foreign sites, we need to make sure those sites are the best betting sites with Skrill in India and are as safe as possible. The best indicator of this is picking a site that’s licenced by the most respected and trusted regulatory bodies such as those from Malta, Gibraltar, Alderney, and the Isle of Man. Licences from the Caribbean islands such as Curacao are much less tightly regulated and we would advise against these.
This depends on the betting site but in many cases, Skrill deposits are ineligible for bonuses – always check the T&Cs of the bonus.
Skrill fees – What does it cost to use Skrill betting sites?
As with other e-wallets, there are some fees for using Skrill. These include fees for uploading money to your Skrill account, currency conversion, withdrawing funds from Skrill, and an inactivity charge that kicks in if you haven’t logged in every 12 months. The good news is that all transactions to and from your Skrill account to betting sites that accept Skrill are completely free.
Your Skrill account is free for personal use as long as you log in or make a transaction at least every 12 months (service fee of INR 415.60 per month if you don’t).
Currently, the upload fee is 2.5% and the withdrawal fee is INR 415.60. For transactions involving currency conversion, Skrill adds a 3.99% fee to wholesale exchange rates.
Legal and financial issues for Indian players and foreign casinos – and how Skrill helps!
Indian bettors and players have a hard time of things with trying to find a place to play and bet. And it’s all down to the various problems of legal and financial restrictions in place over gambling.
Legal Status Of Betting Online In India and Skrill betting sites
Gambling in person in India is restricted, except for lotteries and horse racing, through the Public Gambling Act of 1867. Unfortunately, there’s no definitive legal position over online betting. The Information Technology Act (2000) fails to legislate or mention online gambling and the government has used the Federal Information Technology Act (2011) to prevent access to some foreign betting sites. Finally, the Foreign Exchange Management Act (FEMA) of 1999 governs the exchange of foreign currencies which includes the prohibition of deposits to foreign betting sites in currencies other than Rupees.
So, how do the Indian laws on gambling affect you on Skrill betting sites?
Online betting is one of those difficult grey areas in Indian law. Indian players can technically legally bet with foreign online betting sites, which is why so many of them welcome Indian players and some offer Rupees as a currency. But because the Indian government is attempting to crack down on online betting, the government and Reserve Bank of India (RBI) actively block transactions using banks and credit cards to online betting sites. And PayPal blocks Indian users from using its services with betting sites to continue operating in India.
The Skrill and e-wallet solution for Indian players – Making play possible!
The best way to bet with foreign betting sites is by using an e-wallet – Skrill, Neteller, and ecoPayz are the most popular. Importantly, e-wallets allow players to fund a betting account in Rupees, potentially avoiding legal issues around the FEMA laws. To us, it’s obvious that you should be using Skrill betting sites in India, whether you’re visiting PUBG betting sites or those for cricket or baseball.
Our recommendations – the best betting sites with Skrill in India
When it comes toSkrill betting sites in India, we think we’ve got the top three for you – they all not only accept Indian players who want to use Skrill but they also accept Rupees, so absolutely no need for currency conversion!
- LeoVegas – Swedish-based casino and sports site – great choice of games available and welcoming to Indian players with Rupees.
- Unibet – Hugely popular casino and sports betting site accepting Skrill and allows players to use Rupees.
- Royal Panda – Another great site offering casino and sports with Skrill deposits in Rupees accepted.
- Bet 365 – the biggest bookmaker and casino site in the world for a reason! Great casino and sports, excellent customer service and loves players from Indian with Rupees accepted.
- 10Cric – And finally, as an extra, we reckon 10Cric is worth a look. It’s a site that markets themselves to Indian players and offers some incredible sports betting action – lots of cricket from Indian and worldwide, Kabbadi, horse racing and plenty more.
With so few payment methods that are readily available to use for Indian players, it’s great to know that something like Skrill is here for us when it’s so difficult to use debit and credit cards, bank transfers, even PayPal! The advantages of Skrill are plenty, giving you a simple way to move money from your bank accounts to the foreign betting sites you want to use.
So head to Skrill and set up your Skrill ID/email, check out our advice and tips about Skrill and make sure you take a look at our recommendations for Skrill betting sites in India!