Skrill is one of the most popular e-wallets in the world and is widely used by individuals looking for a quick and easy way of transferring money to and from online gaming websites. But for other digital transactions, Skrill is not that popular in India. So what do I do with the money in my Skrill wallet? Can I transfer money from Skrill to PayTM?
It is a bit tricky but it is possible. Read on to learn more.
Can I transfer money from Skrill to PayTM?
Yes, you can transfer money from your Skrill account to your Paytm wallet, but it is a slightly complicated process. Paytm is not yet authorized for international transactions by the RBI, so there is no direct way of transferring your Skrill funds to Paytm.
But you can do so with the help of some `mid wallet exchangers´ like walletstowallets or safe2exchanger. These websites can facilitate your transfers between Skrill and Paytm.
You will first need to enter your Skrill e-mail id and Paytm number on the website, after which you will be provided with a Skrill id belonging to the website. You will have to transfer the amount that you wish to withdraw to your Paytm account, to the given Skrill id. Once the transfer is completed, you will receive funds in your Paytm wallet via the website’s Paytm account.
All the exchanges charge a small amount of transaction fee, depending on how much money you are looking to transfer, and the transactions are usually completed within a few hours. However, such wallet exchangers work on trust, and there is no other `official´ way of doing a transfer from Skrill to Paytm.
Can I transfer money from Skrill to PayTM? You can but as you read above, it is a bit complicated. It is better to transfer your Skrill balance to your bank account. Most big banks in India, including SBI, and HDFC allow transfer from Skrill accounts. Although the transfer may take ac couple of working days, it is a safer way of withdrawing money from your Skrill account.