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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 follow the following steps:
  1. Go to account.skrill.com or visit Skrill on your web browser or on their app.
  2. Enter the required personal details including your names, Country, Currency and email address.
  3. Create a strong password and make sure not to loose it.
  4. Next click on register to create your new Skrill account.
  5. Once successful you will be redirected to your new account dashboard where you can manage your transactions.
  6. However in order to enjoy Skrill's full services you will have to verify your account.
How to Verify Your Skrill Account.
Skrill is required by law to ask all it's customers to Verify their accounts in order to secure their accounts and keep them save from fraud. Verifying your account also increases your transaction limit as well as giving you access to extra features.
Just like the sign up process account verification is also simple and straight forward and will take you less than five minutes. You will need your ID in order to complete this process.
To verify your Skrill account follow these simple steps:
  1. Log in to your account.
  2. Go to settings then Verification.
  3. Follow the remaining steps to complete the verification process.
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 Link Your Skrill Account With Mpesa Wallet.
In order to transfer money between your Mpesa and Skrill accounts you need to first link the two by following the procedure below:
  1. Login to your Skrill account.
  2. Go to "Mobile Wallets" on your account dashboard.
  3. Click on "Add Mobile Wallet".
  4. On the drop-down menu select Mpesa.
  5. Enter your Mpesa number then click Save.
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 incur 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 Money 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 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.
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