How to deposit money in Skrill using UPI?
Depositing money into Skrill using UPI from India typically involves a third-party payment gateway, as direct UPI deposits may not always be available. Using a service like ChangeBuz can be an alternative for transferring funds from a UPI-supported platform like Paytm to Skrill. Below is a concise guide on how to deposit money into Skrill using UPI, with ChangeBuz as a suggested option.
Steps to Deposit Money in Skrill Using UPI
- Log In to Skrill:
- Access your Skrill account at www.skrill.com or via the Skrill mobile app. Sign up if you don’t have an account, and ensure it’s verified (ID and address proof may be required).
- Go to Deposit Section:
- Navigate to the “Deposit” tab on the Skrill dashboard.
- Select “UPI” or “Local Bank Transfer” from the available payment methods. UPI may be listed under a third-party gateway like ChangeBuz.
- Enter Deposit Amount:
- Input the amount you want to deposit (e.g., ₹1,000). Check for any minimum deposit requirements (typically ₹500–₹1,000).
- Provide UPI Details:
- You’ll be redirected to a third-party payment gateway. Enter your UPI ID (e.g., yourname@upi or your mobile number linked to UPI).
- You may need to provide your PAN card details for compliance with Indian regulations.
- Confirm Payment via UPI App:
- Open your UPI app (e.g., Google Pay, PhonePe, or BHIM) to approve the payment request, which may take 15–20 minutes to appear.
- Authenticate the transaction with your UPI PIN.
- Wait for Funds to Credit:
- Funds typically appear in your Skrill wallet within 5–10 minutes, though it can take up to 1–2 hours in some cases.
Using ChangeBuz as an Alternative
If direct UPI deposits are unavailable or costly, you can use ChangeBuz to transfer funds from a UPI-supported platform like Paytm to Skrill:
- Process:
- Visit www.changebuz.com and select Paytm (UPI) as the source and Skrill as the destination.
- Enter the amount, provide your UPI ID for payment, and your Skrill account details.
- Pay via your UPI app.
- ChangeBuz processes the transfer, and funds reach your Skrill account in 40 minutes
- Fees: ChangeBuz charges 1.5%, and Skrill may add a 1% receiving fee. For example, depositing ₹10,000 (~$120) may cost ₹200–₹500 (ChangeBuz) + ₹100–₹200 (Skrill).
Key Notes
- Fees: Direct UPI deposits may incur 1–2.5% fees via Skrill’s gateway, but third-party charges can increase costs (up to 10–30% in some cases). ChangeBuz’s fees are typically lower for larger amounts.
- Verification: Ensure your Skrill account is verified to avoid delays (1–3 days for first-time users).
- Security: Use official platforms (Skrill or ChangeBuz), enable 2FA, and avoid sharing your UPI PIN.
- Issues: If the deposit fails, check with Skrill support or your bank. Refunds for failed transactions may take a few days.
For the fastest and most cost-effective option, try Skrill’s direct UPI deposit first. If unavailable or fees are high, use ChangeBuz for a reliable alternative, ensuring you confirm fees and processing time on their site. Check Skrill’s fees page (www.skrill.com/en/our-fees-charges/) for the latest details.