Skrill is widely used at betting sites around the world, including by players in India. A leading e-wallet that supports a wide range of currencies, Skrill has a reputation for being easy to use, with a good level of security standards in place to protect its users.
With Skrill supported by a lot of Indian online bookmakers these days, it is a solid payment method to use. Our full guide to Skrill cricket betting sites tells you everything you need to know, so read on.
Skrill is a payments platform that is a part of Paysafe, which also owns top e-wallet Neteller too.
Launched in July 2001, Skrill has been around for longer than most of the e-wallets that can be used at bookies in India, while its headquarters can be found in London.
Skrill used to be known as Moneybookers, with the company's rebrand announced in September 2011 and completed a couple of years later. With revenues of $750 Million (USD) recorded in its latest financial results, Skrill is one of the top payment processors in the world.
Skrill has used a lot of different sports sponsorships to build its brand in the past, partnering with the likes of Leeds United from England and Italian soccer giants AC Milan in recent years. It is also a Chelsea FC pre-season tour partner.
The payments processor has won various industry awards over the years, including being named ‘Best Digital Wallet’ at 2003's Digital Banker’s Global Payments Innovation Awards.
Below we have highlighted some of the advantages and disadvantages of using Skrill at betting sites in India:
It's clear that Skrill is one of the most popular payment methods. But is it right for you? We've highlighted above that some bookies do not accept deposits via Skrill in their cricket bonus deals, so that is important to keep in mind when signing up for a welcome bonus.
Below, let's dive into things into more areas to help you decide:
As is the case with most modern payment companies, Skrill has Secure Socket Layer (SSL) technology in place to protect user data.
Skrill offers security policies that are stronger than other providers and therefore can be deemed one of the safest methods.
One example of this, is its two-factor authentication and anti-fraud monitoring which are among its other security standards.
Skrill transactions have no transaction fee as long as its users are:
However, fees and charges may apply when withdrawing money from a betting site to a Skrill account in India.
Depositing with Skrill is usually instant, so this is a good option to get funds quickly into an online betting account in India.
Skrill is also usually one of the fastest payment methods for withdrawing winnings as well.
Payments can be received in a couple of hours, but it can also take up to a few days as well.
Skrill users are able to send and receive a limited amount of funds without verifying their identity.
However, for full use of an account with the payment processor, users will need to be verified.
Photo ID is likely to be required, as well as proof of address, so Skrill is partially anonymous to use.
Follow our quick step-by-step guide to making online betting deposits using Skrill:
Follow our quick step-by-step guide to making online betting deposits using Skrill:
Skrill has grown into one of the world's most popular payment platforms, with millions of people around the world - including in India - having signed up for an account.
While it is not possible to get full use out of a Skrill account by remaining anonymous, it is a handy tool as more than 40 global currencies are supported by the company, including rupees.
Depositing and withdrawing with Skrill is normally fee-free, but some charges might apply when people are ready to take money out of their Skrill account.
There are a lot of Indian cricket betting sites that accept Skrill, so lots of choice is available for those who have an account with the payment platform, which employs thousands of people.
Skrill - which was first launched more than 20 years ago - is also quite simple to use, while the security standards are solid, so it is a good pick to go for next time you're betting on your favourite site.
A sport obsessive, Jamie has been writing professionally for 15 years and now specialises in online betting content. Cricket is his favourite sport to watch - and have a bet on! - with the legendary England bowler James Anderson actually hailing from his home town.
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