All the top Indian online casinos offer various banking options that you can choose from. When picking a particular payment system to deposit and withdraw funds, players should keep an eye on its fees, transaction speed, and security. It is recommended to pick a banking option if and only if it is secure enough, and allows you to conduct fast and cost-effective transactions.
Skrill meets all these requirements as this payment method has a long history of operation with no known cases of security breaches. Moreover, this eWallet allows you to quickly transfer money to and out of a gambling site at reasonable fees.
Online casinos that accept Skrill are always at the top of all the ratings as these are reliable and trustworthy websites. Most, if not all, are regulated by Curacao, Malta, or Gibraltar. Now it’s time to learn more about Skrill itself and its background.
The company started in 2001 and was known as Moneybookers. Later, they changed the name to Skrill. In 2015, this casino payment method became part of Paysafe Group along with Neteller and Paysafecard. Nowadays, this banking option is among the most popular in Europe, Africa, and Asia. Millions of users enjoy this payment system to pay for their internet purchases and services. Moreover, there are a lot of Skrill online casinos that allow you to top up your balance with this banking option. Users of Skrill can choose between 40 currencies, including Indian rupees.
The Pros and Cons of Using Skrill as an Online Casino Payment Method
Skrill offers a lot of advantages when it comes to deposit and withdrawal transactions. The main benefits of using this deposit method are the following:
- Skrill offers instant deposit transactions. This payment system allows you to transfer money to your casino account in a matter of seconds.
- This payment method requires no fees for account creation.
- All the payments that you make with this payment option are completely anonymous.
- If you choose Skrill to deposit funds, you will work with an internationally trusted company that has been in business for many years.
- This payment option is widely accepted by online casinos worldwide, including India.
- When choosing Skrill, you don’t need to provide gambling sites with your bank account.
- Skrill is a safe and secure payment option that is regulated by the Financial Conduct Authority in the UK.
- Skrill issues debit cards (not credit cards, as you can guess) that you can use later to top up your gambling account.
As for the drawbacks, they are minor, but we think you should know them to make your own conclusions about whether to use Skrill or not when dealing with online casinos:
- Indian players may have difficulties when they want to deposit money using Skrill due to some Reserve Bank of India restrictions.
- Skrill charges a 2.5% fee for all the transactions that you conduct with this payment system.
- Some online casinos that accept Skrill do not give bonuses to players who use this particular banking method.
How to Start Using Skrill
If you think that the advantages of this deposit and withdrawal method outweigh its downfalls, you need to create your Skrill account first. To do that, you need to follow these instructions:
- Go to the payment method’s official website and click the “Registrer” button there.
- On a new page that appears, provide the company with some personal data by indicating your country of residence, your first and last names, as well as the currency you are going to use.
- Now you need to indicate your email address and create a strong password. Keep in mind that the password should contain not only letters but also numbers and even special characters to provide your account with the highest level of security.
- After you create your account, you still have to provide some additional information in order to complete the whole procedure. Moreover, email verification is also required.
- Once you have completed the registration procedure, you still need money in your Skrill account before you can top up your online gambling site account balance.
To credit your Skrill account, you can use various payment methods like UPI, credit and debit cards, Astropay, Neteller, and others.
Is It Safe to Use Skrill?
This payment method is considered one of the safest around. One of the advantages of using Skrill in any online casino that accepts Skrill is that you don’t need to disclose your bank account data. Therefore, your bank account information remains safe, and even if your casino account is compromised, you can be sure that your money that you store in the bank account is safe.
Skrill uses all the modern security tools like SSL encryption and others. Moreover, this online payment method is regulated by one of the strictest financial authorities in the world, the Financial Conduct Authority.
If you need to increase the level of security when using Skrill, you can switch on 2FA, which will ensure that no one will enter your account. Moreover, as we have already mentioned, you should use a very strong password that should contain letters, numbers, and special symbols.
How to Deposit Funds in Skrill Casinos
If you want to use Skrill to credit your online casino account, you should follow these instructions:
- Choose a gambling site you want to deal with. Make sure this is a reliable place to gamble with a license from international authorities like Curacao, Malta, or Gibraltar. Also, make sure the website offers a lot of games from trustworthy providers and lucrative bonuses.
- Create an account by completing the registration form. Most online casinos require a minimum amount of data from you before you can start playing games there. You will be asked to provide your email address and phone number. Some gambling sites require their clients to fill in more detailed forms with their country of residence, name, gender, etc.
- Log in to your account using your credentials.
- Go to the deposit section and choose Skrill.
- Enter the amount you want to deposit. Make sure the sum you transfer is above the minimum deposit amount, which is required by a casino. Also, if you want to enjoy a welcome bonus, make sure that the sum you transfer allows you to claim this promotion.
- Before you can play casino games, confirm the transaction and wait for the money to be credited to your casino account.
- Once the money is in your balance, you can launch various games and place bets.
Withdrawals via Skrill
One of the benefits of Skrill is that you can both deposit and withdraw funds. If you have some winnings to cash out, you can proceed with the following:
- Log in to your casino account.
- Find withdrawal section.
- Choose Skrill as your withdrawal method.
- Indicate the amount you want to withdraw. Here there are a couple of things to consider. First, all the online casinos have maximum and minimum withdrawal requirements. You should make sure that your sum meets these requirements. Moreover, before withdrawing funds, you should complete the wagering requirements. Otherwise, the bonus amount will be canceled.
- Confirm withdrawal and wait for the money to reach your Skrill account.
It should be mentioned that Skrill transactions are fast. Cashout operations may take up to an hour, but you should keep in mind that everything depends on how fast a particular casino processes transactions. Another thing that we would like to underline is fees. Skrill takes 2.5% of the commission for each transaction. This commission will be deducted from the amount you withdraw from a casino.
What Alternative Payment Methods Are Available in Online Casinos in India?
Skrill has a lot of benefits, but as we have already mentioned, this payment method is not widely spread in India and some transactions may be blocked according to the Reserve Bank of India policies. Therefore, in some cases, you will have to look for alternatives. Below you can find the most popular payment methods that you can use if Skrill is not available to you.
If you are looking for a reliable alternative to Skrill, you can pay attention to PayTM. This is one of the most popular ways to deal with Indian online casinos as it offers fast and secure transactions, which are, in addition, cost-effective.
PayTM works via UPI. This gateway allows you to conduct transactions using various Indian banking options, including PhonePe, which we are going to describe later in this article. Depositing via PayTM is instant. Moreover, you don’t need to pay anything for such transactions. This payment method can be used outside of online casinos, which makes it very popular and attractive for various categories of users in India.
If you are using a smartphone or tablet to play online casino games, you can deposit via Google Pay. This is a special app that you can download and connect to your credit or debit cards, as well as other payment methods. With GPay, you can deposit funds instantly at no cost. However, this payment method works one way only, meaning you will have to look for alternative banking options to withdraw money.
This bank transfer gateway allows you to enjoy fast transactions from your bank account to a gambling site and vice versa. UPI offers bank-level security standards when you deal with online casinos. Moreover, most local payment options like PayTM and PhonePe operate via UPI. This payment solution can be used to buy goods and services outside of online casinos as well.
VISA and Mastercard
These are the most popular prepaid, debit, and credit card providers that cooperate with many banks all over the world, including Indian financial institutions. VISA and Mastercard are very popular payment solutions as they are accepted everywhere, even if you don’t want to spend your money on gambling. Moreover, these payment providers offer competitive fees that can be compared to Skrill, Neteller, and other solutions. VISA and Mastercard are accepted by most online casinos in India. However, even if a particular gambling site allows you to deposit using one of these providers, you should make sure that you can withdraw using the same card. Otherwise, you will have to look for alternatives.
Mobile gamblers have another option that allows them to conduct fast and secure transactions. PhonePe is something that you can easily download and install on your device and start transferring money to online casinos almost right away. The banking option is very popular in India and accepted by many merchants in this country.
Digital coins and tokens are becoming very popular worldwide due to unprecedented anonymity, high transaction speeds, and low commissions. Many online casinos that accept players from India allow them to use Bitcoin and altcoins to top up their accounts and to withdraw winnings. Therefore, if you have cryptocurrencies in your digital wallet balance, you can transfer them to a gambling site to play your games of choice.
How to Choose the Best Skrill Casino
When you know about all the advantages of using Skrill in online casinos in India, you need to find the best gambling site to start playing. If you are still wondering how to do it, below you can find a brief guide that should help you pick the best online casino:
- License and regulations. All the best gambling sites are regulated by independent international authorities like Curacao, Malta, Gibraltar, and others.
- Range of games and providers. Top gambling sites offer hundreds, if not, thousands, of online casino games like video slots, card games, roulette, live casino software, etc. All these items are provided by top-notch developer companies like Microgaming, NetEnt, Evolution Gaming, Wazdan, etc.
- Bonuses and promotions. If you are looking for generous bonuses, you can find them at top online casinos. In particular, such gambling sites offer thousands of rupees, as well as many free spins and other interesting proposals.
- Customer service. All the best gambling sites offer first-class customer support. Most online casinos allow you to communicate with the team using online chat, email, and phone. The best support service should be fast to respond to your queries and give you detailed answers.