If you are looking for a reliable and secure way to transfer money or make online payments in Pakistan, Skrill is an option you should consider. It is a popular e-wallet that allows users to send and receive money online, make purchases, and exchange currencies. In this blog, we have outlined everything you need to know about using Skrill as a digital currency exchange in Pakistan. Let’s get started!
What Is Skrill?
Skrill is essentially a digital platform for online payments, currency exchange, and money transfer. It is headquartered in the UK in London and was established in 2001. It became a part of the Paysafe Group in 2015, which is the financial authority behind the company.
As an e-wallet, it allows its users to link it to a bank account and get a prepaid card. It supports the fifteen major currencies, including US dollars, Swiss francs, Pound sterling, Kuwaiti dinar, Euros, and Saudi riyal. It is available in Pakistan, and you can register your account online, but you may need to convert your money first, as Skrill does not support Pakistani currency.
Skrill Fees and Changes In Pakistan
If you are planning to create and use a Skrill account in Pakistan, there are certain fees that you need to be aware of. Here is a list:
● The fee for transferring money from Skrill to Skrill account is 2.99% of the value transferred.
● Money deposit into Skrill requires a 2.50% fee of the value deposited.
● International money transfer takes 2.99% with a credit card and 1% with a debit card.
● International transfers in the same country or currency conversions are both accompanied by a fee of 4.99% of the value transferred.
● There is also an inactive account fee of 1530 PKR every six months if you do not use your account.
All these charges amount to up to 10% of all the money you transfer using your Skrill account. If you’re looking for an alternative, a Skrill exchanger in Pakistan can provide the tools you need to succeed in the crypto market.
How Do You Create A Skrill Account In Pakistan?
Skrill has proven itself to be extremely beneficial for both businesses and individuals. However, first, you need to be able to create your own Skrill account.
● Visit the Skrill website or use the app.
● Go to the sign-up option.
● Enter your information, like first name, last name, country, email address, password, and the currency you want to use to open your account.
● Read out the terms of use and check the “Agree” box.
● Click on Register.
● Once your Skrill account is created and verified, you will need to add your birthdate, postal address, source of income information, and mobile number.
● This information will allow you to use your Skrill account freely.
How To Transfer Money Through Skrill?
If you wish to transfer money through Skrill, you have two options: from a Skrill to a Skrill account or just a Skrill transfer to or from a bank. Of course, you will need the account details of the person you are transferring money to or provide your own details if you are the one receiving money.
As mentioned before, you will be charged a fee for both of these options. You can access them on the website’s or app’s dashboard. The money sent will be received by the receiver within 24 to 72 hours.
The Best Skrill Alternative
If you are still unsure about whether or not you want to use Skrill, you can also use other exchange platforms that are just as secure and easily available in Pakistan, like C4Changer. Such platforms do not require any hidden or extra fees. All you need to do is pay an exchange fee every time you make the transaction, and that’s it!
Conclusion
Skrill is a reliable and efficient e-money exchange platform that can be used in Pakistan. By following the steps outlined above, you can create a Skrill account, transfer money, and navigate the crypto world of Pakistan with ease. However, if you are looking for a Skrill alternative, platforms like C4Changer can also provide you with a seamless and secure digital currency exchange experience.
