These are the Top Payment Methods for Online Gambling in India
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Money in, money out, that’s what online casinos are all about. Hopefully, and with a little luck, you’ll be withdrawing more than you deposited, but you’ll have to play to find out.
Players across India are finding entertainment, earning opportunities, and fun in online casinos. As more and more Indians come online, casinos across the world are waiting to serve them. This rapid rise in gaming activity has been fueled by easy-to-use and convenient payment methods serving the Indian market.
Here’s an overview of the top payment methods fueling online gambling in India. Take your pick from one of these to get started.
UPI
UPI stands for Unified Payments Interface. It was launched in Mumbai back in 2016. It’s a handy mobile app that any Indian with a smartphone can use to link their bank accounts and make fast, hassle-free payments online.
Players can link multiple bank accounts to the UPI app. UPI works with over 150 partner banks across the country. Players select which one to withdraw from when the time comes to deposit. UPI works 24/7, 365 days a year and allows payments with a single click.
UPI supports deposits and withdrawals from online casinos. Payments of as little as ₹100 are possible on some casino sites.
Net Banking
Net Banking is available to every Indian player with a bank account, and most online casinos for Indians are happy to accept bank deposits. They’re fast and easy to use, requiring no special apps or extra accounts.
To play at Net Banking casinos, players select this payment method, log into their net banking account, and confirm the payment. Usually, this is a seamless process that takes just a few clicks.
The best thing about deposit and withdrawing directly from bank accounts is that there are no middlemen taking a cut of the payments. This means more money to play with and more to spend when you win.
Credit and Debit Cards
Of course, most casinos will accept major credit and debit cards, too. Visa, Mastercard, Amex, Unionpay, and Rupay cards are widely accepted at online gambling sites.
Credit and debit cards are one of the most convenient ways to deposit to online casinos. Players simply enter their 16-digit card number and a few other details, click deposit, and within seconds the money is there. Once the card is linked to a casino account, withdrawals are as easy as clicking and confirming, and future deposits are that simple, too.
For players concerned about the safety and security of gambling online with credit and debit cards, there’s a solution; prepaid cards. Visa, Rupay, and others offer a range of prepaid cards with fixed balances which expire when you use them. By using these, you’re never storing your main card details on a gambling website.
Ewallets
Ewallets act as a middleman between players’ bank accounts and their casino accounts. For example, the popular PayPal wallet withdraws funds from a linked bank account into the wallet and then sends the funds to the casino that requests them. This acts as a buffer or extra layer of protection between the account and the casino.
Ewallets are convenient, and a growing number of them offer services in India. Neteller, Google Pay, and Apple Pay are all popular e-wallets for online gambling in India. The only downside is most of them charge fees for deposits and withdrawals. Each player will have to decide if these fees are worth paying in exchange for the convenience and security Ewallets offer.
Summary
There’s no shortage of choice when it comes to payment methods for online gambling in India. Each one has its pros and cons, so players should do a thorough analysis of them all before deciding on which one to use. Remember that above all else, safety and security is number one when gambling online. Keep that in mind.
