We have earlier dissected the different payment methods and deposit options in our section payment methods. Our recommendation has always been to use Skrill India when opening an eWallet account and depositing money with the betting sites. In this Skrill review, we will take a deep dive to explain why and how Skrill India makes sense for you.
Skrill Review – Pros
- Very easy to deposit and withdraw cash
- Low or no costs associated with using Skrill
- Excellent customer support
- Very high overall rating on Trustpilot
Skrill Review – Cons
- People in some countries cannot use their services
- You can only send money to a bank account or mobile wallet
History of Skrill
Skrill was founded in the UK in 2001 under the name Moneybookers. The vision of Skrill was to become a cheap option for people to shop online. To make your online eWallet accessible only one click away. To become people’s one-stop money transfer shop, regardless of where they are located.
Since 2001 the shareholding of Skrill has changed several times. First, it was acquired by Investcorp in 2007. Six years later it was acquired by the international private equity firm CVC, who held the shares for only two years. In 2015 Skrill was acquired by Optimal Payments for EUR 1.1 billion. Optimal Payments later changed the name to Paysafe Group, which is still the owner of Skrill.
Skrill has since inception evolved into becoming the leading payment service provider globally. Today you can transfer money electronically, peer-to-peer, across the globe without barriers. A seamless experience with great functionalities offered by few others. They are fully authorized and regulated, which provides comfort to its millions of users.