Signing up to an e-wallet is indeed free, which means that all you need to get yourself registered is to provide your email address and/or phone number. PayPal is free for personal transactions where no currency conversion is involved. However, some e-wallets will attach fees to deposits made using certain payment methods. Skrill, for example, charge fees of 1% for deposits made using the majority of payment options, while companies such as Neteller will charge slightly more at 2.5%. You may also encounter withdrawal fees, which can be as high as 7.5% for Visa transactions with e-wallets such as Skrill.