Popular Payment Methods in India for Online Casino betting
With online casino becoming more and more well-known in India, our team has decided to review all the popular payment methods for online casino play and online betting. There is a wide variety of deposit and withdrawal methods that players located in India can use from credit/debit cards to online wallets such as Neteller, and Skrill. Each payment method has its specifics and will drill down in detail on how you can deposit from India in Rupees.
Banking Methods Page Menu:
- Best Casinos in INR
- VISA/Mastercard
- UPI & IMPS
- Astropay
- Neteller & Skrill
- PaytM
- Bitcoin & Crypto
- Payments FAQs
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What do you need to look for when depositing in an online casino or online betting site from India?
There are several aspect which we will cover in our review of payment methods available for casino betting in India:
- We make sure you are using a trusted and well-known site for online casino betting from India
- We are checking what fees will be applied on your payment if any
- Our team of experts checks how long does it take for the payment to reach your players account and vice versa
What are the most popular payment methods for online casino betting for India?
When depositing at an online casino from India, you can choose from credit/debit cards, e-wallets, and bank transfer. The variety of payment methods that you can use is vast from Neteller, Skrill, Ecopayz, Astropay to VISA, MasterCard and Local Bank transfer (UPI, IMPS).
- Credit/Debit cards – almost all betting sites accept MasterCard and Visa, for other local cards such as Rupay you will need to check with the site. It is not common practice for online casinos to offer Rupay.
- Neteller – a popular online wallet, which requires you to create an account and deposit the funds first in Neteller
- Skrill – another similar method to Neteller, which requires you to create an account and deposit funds first in Skrill
- Local Bank transfer – the most trusted online casinos in India offer the option to deposit using local India Bank transfer via UPI or IMPS
- Astropay – very popular wallet in India. With the virtual Astropay card you are able to deposit in any online casino hassle-free
- MuchBetter – a relatively new payment method in India, very similar to Skrill and Neteller
As you can see there are a lot of payment options you can use for online deposits from India. Choosing your preferred payment method will depend on fees, time for crediting, and security of your personal data. We have further reviewed the most popular payment methods for your convenience.
Credit/Debit Cards in India – VISA and MasterCard
One of the most popular payment methods for online casinos and betting is the Credit/Debit cards option. You can deposit funds directly from a credit/debit card. Most used providers would be VISA and MasterCard, which guarantee a high success rate and full data protection.
What are the fees when depositing with VISA and MasterCard?
Fees for online deposits with credit/debit cards, pretty much depend on the providers, but should not be more than 3-5% from the deposited amount. Trusted online casinos and betting sites in India do not apply any fees on deposits – should you have any fees applied on our deposits make sure to check with your credit/debit card provider, as the fees most likely are applied by them and not the casino or betting site.
For withdrawals via credit/debit cards – no fees will be applied from the casino or betting site. If there are any fees check with credit/debit card provider. Have in mind that withdrawals are usually sent as refunds of your previous deposits made with the same card.
VISA
If you own a visa India card, then you can use it to make betting deposits conveniently.
Visa transactions might work on some gambling sites and fail to work on others. Knowing this, remember to check out our comprehensive guide on how to use Visa card India on Visa card betting sites.
When an online casino declines your visa deposit, all hope is not gone, but you will have to transfer money from your Visa India card to a third-party e-wallet or using IMPS and UPI options. Once the funds have reflected in your e-wallet, you can transfer the desired amount to betting sites or casinos of choice.
PROs
- Small transaction fees
- Instant deposits
- Banking level security features
CONs
- Doesn’t support withdrawals
- Transaction limits
MASTERCARD
MasterCard India and the Visa card India are, in many ways, identical to each other. Both these cards come in the credit and debit versions. You will find the MasterCard India payment method an excellent choice if you want an easy and affordable way to fund your gambling account.
If you own a MasterCard, we recommend that you find a platform that accepts the payment method so that you can use it for your deposits. There are many reasons for this, and the first one is that the banking method is accepted in nearly all online casinos. MasterCard betting sites are popular across India, and they are also the mainstay of the global online gambling scene.
Discover more about MasterCard India from our comprehensive guide of the payment method. Understand what makes MasterCard deposits both attractive and convenient,
Whether you are playing on a sportsbook or at an online MasterCard casino in India.
PROs
- Low fee transactions
- Instant deposit
- Unrivaled security
CONs
- No withdrawals
- Transaction Limits
UPI and IMPS for Online casino betting
UPI and IMPS are among the most popular payment methods that players in India can use to deposit and withdraw funds from their betting accounts.
IMPS (Immediate Payment Service)
IMPS allows players to enjoy around-the-clock electronic fund transfer service designed to facilitate interbank transactions. The payment method is robust, and players can use it to make real-time cash transfers. Note you can access this method via the net banking option of your bank account.
Besides being safe and economical, IMPS has brought together 243 member Banks. There here is a significant likelihood that your local Indian bank is available from the payment method.
UPI (Unified Payment Interface)
Gamblers in India can decide to fund their accounts using the unified payment interface is there gambling on UPI and IMPS betting sites. With UPI, you will enjoy instant online banking transactions. Like IMPS, you can use UPI to transfer cash between different bank accounts from your mobile phone.
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PROs
- Very secure
- Facilitates instant transactions
- Accepts rupees
CONs
- Transaction limits may apply
Astropay for online casino betting in Rupees
You might not know this, but the best-prepaid card to use for online betting is the Astropay India card. This banking method is very popular and reliable.
Most casinos in India accept the Astropay deposit, and you can get this card with ease. Visit the Astropay website to purchase your card online and use it for your gambling needs on Astropay betting sites.
Besides being available online, the payment method allows you to select the value of the card you want to purchase. This reduces your financial risk as you gamble.
When buying an Astropay Virtual card, you will discover that it is available in many currencies, the Indian Rupee being one of them.
The banking method offers an extremely fast and secure way to fund your account at an Astropay casino or gambling establishment. If you enjoy casino games, Astropay should be your payment method of choice as it allows you to focus on your games and not the status of your transactions.
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PROs
- Fast deposits
- Minimal transaction fees
- Latest security protocols
CONs
- Additional fees on withdrawals from Astropay to your Bank account
Neteller for casino betting in India
Neteller is one of the well-known deposit methods in Rupees for online casinos. Though, a popular banking method it is not as straightforward as it might look. There are several steps that you need to complete before being able to use Neteller for gambling online from India. You will need to register, verify and of course add funds to your Neteller account in order to be able to deposit in an online betting site.
If you want a payment method that is fast, simple, and secure, then you should not look further than Neteller. The payment method has been available since 1999, and it has established itself as one of the most popular e-wallets.
Neteller India is operated by Paysafe Financial Services Limited, and the payment method is accepted in several online casinos in India.
Like other e-wallets, Neteller can be used to facilitate online payments on various merchants, and this explains its appeal to everyday users and gamblers alike.
Today, most betting sites and online casinos in India accept the banking method. This does not come as a surprise because Neteller offers a variety of easy to use tools while also delivering fast services.
Neteller deposits are instant, and you can also use the payment method to facilitate the withdrawal of your winnings from a Neteller casino or sportsbook. Find out why Neteller is a preferred payment method when depositing funds into an account at Neteller betting sites.
PROs
- Offers Direct deposit with INR
- Offers Direct deposits with UPI
- Reliable and fast
CONs
- High transaction fees
- Long verification process
SKRILL
Online casinos have some payment methods, among which e-wallets are a mainstay. Skrill India is an excellent example of such a payment Gateway, and it is available to players in India. Besides offering secure transactions, you can use Skrill India to facilitate instant withdrawals and deposits at a skrill casino.
While the payment method is based in the United Kingdom, its popularity in the online gambling scene is unrivaled. Besides being easy to set up, Skrill is also very secure, thanks to the availability of features like the two-factor authentication.
The payment method has a license to operate within the European Union, and its services are regulated by the FCA. Skrill has a license to operate in the Indian market, and the fact that it is regulated makes it a highly recommended online payment method.
You should use our detailed guide to help you get started with gambling on Skrill betting sites. Players who want to learn about skrill deposits and withdrawals will also find the guide informative.
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PROs
- Readily available
- Offers Direct deposit with INR
- Offers Direct deposits with UPI
CONs
- Lengthy KYC process
- High transaction fees
PAYTM
If you don’t have previous experience with Paytm India, finding a gambling operator that supports the payment methods will be a challenge. Most online casinos that support Paytm do not accept players from India. Compared to other payment methods, you will discover that very few gambling platforms in India accept Paytm as a payment option.
While there has been a slow surge in the popularity of this banking method, Paytm betting sites are still a few when comparing it to its closest alternatives.
We earlier mentioned that only a few gambling sites in India support Paytm. Consequently, you might spend hours searching for a particular Paytm gambling platform. If you are interested in getting started on this platform, you will find our subsequent Paytm guide very helpful.
You need to understand some things if you want to use this e-wallet as your casino payment method. If you used the Paytm deposit to fund your casino account, you would also have to use it for withdrawals. This is the norm when using this payment method, and you will know about it if you are a regular player at online gambling establishments.
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Note, PaytM can only be used via the Net Banking option and not directly.
PROs
- Instant payments
- Numerous integrations
- Very secure
CONs
- Rigid transaction commission
- Extra fees
Cryptocurrency – Bitcoin, Ethereum and others
Cryptocurrency is a digital currency that only exists online, but it can be purchased and sold similarly to Fiat currencies.
While the sale of regular denominations occurs in the foreign exchange, cryptos are bought and sold on a cryptocurrency exchange. But there are a few forex exchanges that have listed popular cryptos such as bitcoin and Ethereum.
If you want to enjoy a little privacy by dealing with the casino without going through a bank, then you should start playing using bitcoin India.
Remember that you cannot deposit cryptos at a bitcoin casino if you do not have a crypto account. Once you have the account, you will need some crypto coins, and you can get them by mining, transfer, or purchase from an exchange.
Gambling with bitcoin has been around for a while, but it is not yet mainstream. Consequently, there are a few bitcoin betting sites. Read about them from our comprehensive cryptocurrency betting guide.
PROs
- Guarantees anonymity
- ideal for VIPs or high rollers
- Minimal transaction fees
CONs
- Long learning curve
- Time-consuming KYC obligations
Payment Methods in India FAQ
Q: Is it safe to deposit money in online Indian casino sites?
A: Yes, funding your account at an online casino site in India is safe. Your safety is, especially, guaranteed on licensed platforms, and this is the reason you should check if a gambling platform has a valid license.
Being licensed means that all the operations are compliant, and the casino sites have put measures in places like the use of SSL encryptions to safeguard all information and details exchanged on the site.
Q: Will I get a welcome bonus if I deposit at an online casino?
A: Yes, you will. Most, if not all, gambling platforms have bonus incentives for new players who fund their accounts following an account opening.
Q: Is it legal to deposit money at an online casino site?
A: Depositing funds into an online casino account is not illegal, as no law prohibits it. You should, however, remember that different states have different gambling laws. And this means that there are jurisdictions in which online gambling is frowned upon.
Q: Do online casinos charge fees for deposits and withdrawals?
A: Most, if not all, online casinos allow players to enjoy free deposits and withdrawals. However, the payment method you decide to use might attract a transaction commission, or you might incur currency conversion charges. Knowing this, confirm if the banking method you plan on using levies transaction fees.
Q: What is the most secure online payment method in India?
A: While all the payment methods have a security layer, some are more secure than others. Astropay and Crypto payment methods facilitate anonymous transactions while they also attract low fees, and they are the most reliable. UPI and IMPs are fast. They also attract low transaction costs, and you will still find them secure.