Skip to main content

How to Withdraw Money from Skrill directly to your Mpesa account.

Skrill M-PESA money transfers

Skrill is gaining popularity among Kenyans making it one of the most preferred international money transfer service, greatly loved by bloggers, freelancers and gamblers a like. One advantage that Skrill has over PayPal is that Skrill accepts money transactions with various international gambling and brokers like Olymp Trade.
If you are a Kenyan working online and for one reason or another you can't use PayPal, then Skrill is there for you, and to make it much easier, Skrill allows you to transfer money directly to your Mpesa account or to any registered Mpesa User.
However, it's good to note that the partnership between Skrill and Mpesa is not as good as that of PayPal and M-pesa, Since for PayPal you can either withdraw or send from Mpesa, but for Skrill you can only withdraw but not send directly from Mpesa.
What is Skrill?
Skrill is an international money transfer and payment service registered in the UK as a money service business. Skrill allows you transfer and make international payments safely, securely and at minimum costs.
For you to transact On Skrill, you must have an active Skrill account.
How to register for a Skrill Account.
A Skrill account is free and only takes a view minutes to have one. To register just click here and follow the simple steps. Ensure that the information you're giving is the same as the ones you used to register the e-mail account you're using.
Advantages of Skrill Mpesa partnership.
The move by Skrill to include M-pesa in their payment list is a great relieve to many Kenyans, and here are just some of the benefits of such a partnership:
  • It makes Skrill withdraws much easier, less costly and greatly reduces the transaction time.
  • You don't need to link your bank account to withdraw money from Skrill.
  • It lowers the risks of online fraud.
How to transfer Money from Skrill to Mpesa.
In case you have some amount in your Skrill account, then you can easily withdraw through M-pesa.
To do so, follow the following steps:
  1. Log in to your Skrill account on mobile or PC.
  2. On the drop down menu, go to Skrill IT.
  3. On the recipient, change county code to Kenya.
  4. Under 'Select payment method' select Mpesa.
  5. You will be prompted to enter the recipient information. If you are sending money directly to your Mpesa, then  fill in your details as required.i.e,  your First name, last name and phone number, otherwise enter the details of the person you want to transfer money to.
  6. Click continue.
  7. Finally review the entered information to confirm that you have entered the correct information and press OK.
  8. Then enter your birthday. This is just for security reasons. Then press 'Send Money'.
You will receive a notification on your Skrill account that the transaction was successful and a receipt will be send to your email. The receiving Number will also receive a notification via SMS.

Skrill to mpesa charges.
The first money transfer with Skrill is free, but subsequent transactions will attract a small fee.
There are various charges Skrill users incurs, depending on many factors like mode of transaction, type of channel used and amount.
Since this article is about Skrill to M-pesa transfers, then the amount you will be charged to transfer Monet to an mpesa account largely depends on the amount you want to transfer and the currency, since the money will have to converted to Ksh.
When you transfer money using Skrill, the charges will be deducted from the transacted money.
For example, if you transfer USD.300 to your M-pesa account, then you will receive a value less than this amount on your M-pesa, since the transaction charges will be deducted from that amount.
At the time of editing this post to include Skrill to mpesa charges, the current the USD Is trading at Ksh.100.11.
That means if there were no charges to transfer money from Skrill to M-pesa, then if we send USD.100 to Mpesa we would expect Ksh.10,011 in the mpesa account.
However, for any Skrill to mpesa transfer, the conversion rate is 1USD=Ksh.95.866026.
This means that if you transfer USD.100 from Skrill to your mpesa, you will receive Ksh.9,586.
The rates keep on changing and it is advisable to use a Skrill to Mpesa calculator available here.
Skrill to Mpesa
What you have to do is just input the country which you want to send money to and the amount, and you will be able to see how much the recipient will receive in their mpesa accout.
You can also send money directly to another person's Skrill account. All you need is the Skrill email of the recipient.This mode of transfer is quite fast and both the recipient and you will be immediately notified of the transaction.
Check Out: 

Comments

Popular posts from this blog

Nokia X20 Launched; Here are the Specifications And Price In Kenya.

  The Nokia X20 is the best of the six phones announced by HMD Global on April 8th with an expected price of Ksh. 44,500. Others Launched on the same day are the Nokia C10, C20,  G10, G20 and the X10. The X20 is a mid-range 5G Smartphone that has a number of promising specs with some compromises that might cost the phone considering there are already a number of cheaper 5G phones in the market including the Xiaomi Redmi Note 9 5G. It features a 6.67 inch IPS LCD screen with a Full HD resolution of 1080 x 2400 pixels and a pixel Density of 395 ppi. This is exactly the same display as it’s smaller sibling the X10. One of the highlights of this phone is it’s good storage made of a 6 or 8 GB RAM and 128 GB internal storage with an option for an SD card for the Dual Hybrid version. The X20 will ship with Android 11 and going by Nokia's past trends the phone could be entitled to an Android 12 update as well as timely security updates that will keep your device safe and clean. It als...

How to check Airtel Zawadi points.

Zawadi is a Swahili term for a gift or to reward. Airtel Zawadi therefore is a loyalty program by Airtel Kenya aimed at rewarding its customers for staying loyal to the brand by using their various products and services .  The service closely resembles Safaricom bonga and Telkom Ziada , both also rewarding customers for using their lines to make calls, browse or send SMS , and even transacting on mpesa. How To register for Airtel Zawadi . Initially for you to begin earning Zawadi points, you first had to register for the same by dialing *326# and selecting the option for ' registration'.  Airtel have since changed this and now you automatically get enrolled to the program on successful registration of your line, meaning that all your used airtime contribute towards your earning Zawadi points. However, if for any reason you feel dissatisfied with the program, there is an option for de enrollment . Select option 7 ' de enroll' under *326#. Earning Zawadi points. All ...