In case you are interested in online betting in India, you will probably want to know more about the potential payment methods. Surely, every operator offers different payment options to their users who decide to register and bet. Many of them allow depositing or withdrawing in Indian rupees, while there are some that, unfortunately, don’t.
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Read on to find tons of useful information concerning the betting sites paying methods, casino sites payment methods, limits, and more. If you are struggling to find more precise info on specific depositing or withdrawing options available in online casinos in India, read all about it here.
What Payment Methods Indian Betting Sites Support?
Choosing a perfect bookmaker is unique for every person because you will need to customize your search based on your needs. Anyhow, one of the most common reasons someone decides to start using a certain betting site is definitely the ability to choose the preferred payment option.
Usually, the majority of online operators tend to offer some of the widely known and used options such as credit and debit cards, e-wallets, bank transfers, or even some prepaid cards. Of course, when looking for your preferred INR betting payment methods you will try to find something that you already use.
However, many active bettors out there would probably try even some new methods if the conditions are good enough. Make sure to carefully choose your preferred depositing or withdrawing method. Don’t forget to check for fees, levels of security, transaction speed, and whether payment methods for betting online in Rupees are allowed.
Since there are a lot of online sportsbook operators and online casinos available in India, the users will likely come across many options. Indian players and bettors can, of course, opt for any of them (depending on the operator) and bet safely on their preferred sports market. Here are some of the best options for the Indian market:
- MasterCard and Visa
- UPI and IMPS
- Paytm via Net banking
In addition, all of the listed options support INR as currency. So, if you prefer to deposit in INR and you would also like to withdraw your winnings and bonuses in INR these are some of the options you might want to consider. To find out more about each of these payment methods, check the following sections of this review.
Visa is considered the most accessible card providers in the world and also in India. Many operators and bettors prefer Visa card betting sites as it is secure and trusted. In other words, if you own a Visa casino card it would probably be the best option for online depositing. This method might have some slight setbacks, depending on the bank where the Visa card was issued. To be precise, there are banks that tend to refuse wagering and gaming transactions.
The good thing about owning and using a Visa card is that you can use it to fund a 3rd party e-wallet and then pay. Besides, the majority of sportsbook operators accept Visa cards as payment methods. Visa card India offers instant processing time so that the users won’t have to wait in order to bet. Additionally, this method doesn’t include any additional fees and it is fairly secure.
- Secure transactions and data
- Instant Visa deposit
- Available in many casinos
- Withdrawals aren’t available
- Banks could decline transactions
Apart from the Visa card, MasterCard India is yet another widely favoured depositing method in this part of the globe. These two methods are pretty similar and the cards can be either debit cards or credit cards. Yet again, most of the local online sportsbook operators are MasterCard Betting sites and the users will be able to deposit quickly and easily.
Just like with the Visa card, the MasterCard casino processing time for all transactions is instant. There is no need to expect any additional fees upon your transaction because there will be none. As far as the inclusivity of this payment method in Indian online casinos and sportsbook is concerned, almost all of them include MasterCard.
Once more, similar to the previously mentioned Visa card, some transactions made with your MasterCard on betting sites might be declined. This might happen due to your bank policy and the safest way to check that is to contact your bank and ask for the best solution. The card offers incredibly safe depositing and it uses the account holder authentication value tokens, 3-D secure solution using the Secure Socket Layer (SSL).
- Safe money transfers
- Used almost everywhere
- Instant MasterCard deposit
- Withdrawals are not possible
- Bank could decline transactions
UPI and IMPS are two real-time payment systems that basically work 24/7. Local India bank transfers made on UPI and IMPS betting sites are quite convenient payment methods for Indian players. UPI online bank has an instant transaction processing time, which makes playing easier. All one needs to do to be able to use it is to activate a UPI account in a bank connected to UPI.
Using bank wire transfers for money transfers in online casinos and sportsbooks became quite popular in recent years. And for a good reason. Nowadays, bettors can make deposits and withdraw winning via IMPS instantly. For money transfers using IMPS, one will need an account number and the IFSC code specific to the chosen betting site.
Both UPI and IMPS casino paying methods are among the top-ones security-wise, and this is precisely why they are prevalent in this gambling market. Low fees and fast money transfers are additional benefits of this paying option.
- Fast money transfers
- UPI and IMPS deposits
- Withdrawals are available as well
- Needed activation of UPI account
- Needed check of receiver bank details each time
AstroPay is another payment method available to all Indian wagerers. This digital prepaid card can be purchased at their official website. One of the top reasons why players love to use it is because a great number of online casinos allow the AstroPay deposit. This user-friendly funding method can be used to fund your player’s account via Google Pay, Freecharge, JioMoney, Airtel, or PhonePe.
Another great feature of AstroPay India is that it allows users to make instant payments. Moreover, the bettors will be able to make transactions using AstroPay casino without any fees. This digital prepaid card is convenient for use in online sportsbooks and casinos as it is fast and most importantly, safe. Since this payment method became really widespread in India you will find that a great number of gaming platforms are AstroPay Betting sites.
- Easy to use
- Fast way to deposit funds
- Personal data is protected
- Withdrawals with 2nd AstroPay Card
- Need to create AstroPay account
Indian residents who like to bet and play at online casinos can use Netteler India for depositing and withdrawing funds. It is listed as a top-rated e-wallet in the area, and it is owned by the same company as Skrill, just under a different brand name. First of all, you will need a Netteler account you can top with funds, and then you can use that funds to play via your favourite operator accepting Netteler.
The major setback, just like with Skrill, this e-wallet has a withdrawal and depositing fee. On the good side, Netteler accepts funding by Visa and UPI. You will be able to top your betting account or withdraw winnings using Netteler on all Neteller Betting sites. Anyhow, the Nettler deposit is one of the most welcomed methods for online wagering and casinos in India.
- Neteller casino withdrawals
- Accepted almost anywhere
- Offers Direct deposit with INR
- Offers Direct deposits with UPI
- Long KYC procedure at Neteller
- Withdrawal and funding fees
If you are keen on using digital wallets, Paytm India might be one of the solutions for anyone having fun on Indian online sportsbooks and casinos. This payment platform is free and funding this e-wallet is simple and easy - the users can even use a variety of methods to fund their Paytm account. One of the convenient features for some bettors is that funding Paytm with cash is possible. All you need to do is find their vendor and give them the amount of cash you want to use. Making a Paytm deposit via NetBanking is also possible.
Paytm allows you to deposit at Paytm Betting sites, and bet on your favourite sports events. In other words, Paytm casinos and sportsbooks are online betting and gaming platforms accepting Paytm. Finally, this e-wallet has no transfer fees, is available to anybody, provides instant transactions, and is listed as one of the safest payment methods.
- Available to anybody
- Users can deposit via NetBanking
- Safe, fast and convenient
- Not all operators accept it
- Need to create an account
- Withdrawals are available
- Offers Direct deposit with INR
- Offers Direct deposits with UPI
- Withdrawal fees are high
- Long KYC procedure at Skrill
Cryptocurrency - Bitcoin, Ethereum and others
Bettors who like paying with crypto can also remain anonymous if they select this method. Of course, not all online casinos and sportsbooks accept cryptocurrencies, as they are a rather new payment method. But there is a multitude of operators that accept various cryptocurrencies, such as Bitcoin casino. Some of the most commonly accepted currencies are Bitcoin India, Ethereum, Litecoin, and Ripple.
Buying a cryptocurrency is a process on its own, and if you happen to have some and you would like to use it on betting sites, make sure that they accept your crypto. Most Bitcoin Betting sites allowing the Bitcoin deposit will accept some other cryptocurrency.
When the processing time is concerned, using crypto is super fast. Plus, cryptos usually have very low fees, and most of them don’t have a maximum deposit limit. Apart from helping the user stay anonymous, using crypto when gambling is a secure and reliable payment option.
- You can deposit and withdraw
- Very anonymous and safe
- Good for high rollers & VIP players
- Very low fees
- Not all casinos accept cryptos
- Long KYC procedures at Crypto wallets
If you are interested in more questions and answers related to all the payment methods for online wagering and casinos available in India, then stay tuned. Here are a few commonly asked questions and answers you might want to read:
Is it safe to deposit money in Indian Betting sites?
It is completely safe to deposit money in Indian betting sites. Using legit and widely known funding and withdrawal methods while placing bets and playing casino games in India is made as safe as possible.
Will I get a Welcome Bonus if I deposit?
Yes. All our offered betting sites and casinos will grant you a welcome bonus should you decide to create an account and deposit.
Is it legal to deposit money in a Betting site?
There is no law prohibiting adults from depositing money in a betting site. Placing bets with reliable operators available in India is as safe as it can be. There is not a single case where a player ended up with some legal complications due to playing online in India since all the betting sites are offshore.
Do online betting sites charge fees for deposits and withdrawals?
Online betting sites don’t charge fees for deposits and withdrawals. In case any fee is charged, that would most probably be the provider’s fee or possibly a currency exchange fee. The players should always check the operator’s website for more detailed information.
What is the most secure payment method in India?
The most secure and convenient payment methods for betting in India are UPI and IMPS. They are characterized by low fees and fast money transfers. In addition, Astropay and Crypto are also two safe options players can rely on. Apart from having very low fees too, using cryptocurrencies will help you stay anonymous when making money transactions.