Betting Apps and Sites Accept the Best Banking Methods
There are many payment method types in India, and it is difficult to choose a bookmaker who offers the most convenient one. Making payments with cards is still quite relevant, but more and more players prefer to use e-wallets, cryptocurrencies, and other online payment methods for their transactions. We have prepared for you a list of the betting apps and sites that offer the best choice of payment systems in India!
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Top 5 Betting Sites with Great Payment Methods in India
In general, each site is good in its own way and offers a fairly high level of comfort. Bookmakers are constantly adding new payment methods to attract even more players. However, we were able to highlight the top five most prepared bookmakers in this field, able to offer you the highest level of service in real money betting, with maximum convenience of deposits and withdrawals.
Are Online Payment Methods Safe?
Bookmaker`s sites place only reliable and verified payment methods on their platforms. The safety of players’ money is the main priority in maintaining the reputation of any bookmaker. That is why there are certain criteria that ensure the safety of players’ transactions:
- SSL encrypted servers provide complete security against cyber-attacks;
- When confirming money transactions, bookmakers take you to the official internal pages of payment systems;
- Identification — you need to confirm all your details before sending a payment;
- Firewall and anti-viruses — the latest information security systems are applied when processing users’ money transactions;
- Artificial intelligence is involved in protecting money transactions.
All these factors ensure that no one but you can handle your money, which means you can enjoy comfortable betting.
The Best Payment Methods for Online Cricket Betting
There are now a really huge number of payment systems and each of them is beautiful in its own way. However, there are systems that are hard not to know about, because they are rightfully the leaders in the field of money transactions between the player and betting sites. Millions of players all over India prefer to use them. We will briefly tell you about such convenient methods of deposits and withdrawals from bookmakers so that you will discover something new and have a positive betting experience.
Paytm (meaning Pay through Mobile) was created in 2010, and the app currently has more than 100 million downloads. It is a major international e-commerce service that allows you to send and receive payments. It was specifically designed for transactions in rupees and is the most popular payment method among Indian bettors.
Pros and Cons of PayTM
|Fastest Transactions in Indian rupees||Mandatory verification process|
|The highest degree of protection||Not all bookmakers in India add Paytm as a transaction method|
|You can make UPI payments with Paytm||Often bookmakers take small commissions for withdrawals from Paytm|
|You can pay for services and goods using a QR code|
|A wide range of options for online payments, including betting sites|
PhonePe is a convenient payment wallet, which is also integrated with the UPI system, giving you many options for deposits and withdrawals on the bookmaker’s website. PhonePe is a universal application for online payments available to every Indian user. PhonePe was developed primarily for the Indian market, so the rupee is the major currency here.
Pros and Cons of PhonePe
|Quick rupee transactions in a couple of clicks||There is no system of additional authentication (additional pin code), which negatively affects the overall security|
|Internal encrypted servers for sending and receiving payments||Sometimes you may encounter slight delays in transaction processing|
|Ability to make UPI payments|
|Available on most betting sites in India|
|You can make instant payments using QR codes|
This is quite a revolutionary way of money transactions, actively gaining popularity. You can use digital cryptocurrency for your deposits and withdrawals at a growing number of betting sites and make your transactions completely anonymous with crypto payments.
Pros and Cons of Cryptocurrencies
|The highest degree of security, because the transaction processing uses the most sophisticated digital scoring system||It can be difficult to understand how to create a cryptocurrency wallet and the process of buying cryptocurrencies|
|Instantaneous Transaction Speed||Not a lot of bookmakers approve Cryptocurrency payments|
|Complete anonymity of money transfers|
|The creation of a cryptocurrency wallet does not require KYC verification|
UPI (Unified Payment Interface) is an instant payment system in India, which is regulated and supported by government agencies, including the Reserve Bank of India. It is now one of the most popular payment methods on betting sites and is available almost everywhere. It was specifically designed for the Indian region, so the rupee is the main currency of UPI.
Pros and Cons of UPI
|Regulated by the state and has complete security||There is a limit of 10,000 rupees per transaction|
|Direct sending and receipt of funds||It is necessary to verify and link each bank account for comfortable use|
|There are no fees for sending money between UPI users|
|You have access to all your bank accounts in one app|
Skrill is a good example of what a convenient e-wallet should be. It is designed for fast online payments, which makes it a great method of payment. It accepts many currencies, including rupees, which is why it is loved by Indian users. An important advantage is the speed of payments between Skrill users as well as the absence of internal commissions.
Pros and Cons of Skrill
|More than 40 currencies, including rupees||The verification process can take a long time|
|There are no fees for sending money between Skrill users||Not very convenient support service|
|Instant deposits and quick withdrawals|
|No limits for the number and amount of transactions|
Neteller is another international e-wallet designed to pay for goods and services over the Internet. Accounts of Neteller can be created in 26 currencies, including rupees, and transactions are instantaneous.
Pros and Cons of Neteller
|Instant and easy payments in rupees||Large commission for currency conversion|
|Ability to create a virtual card for payments||Customer service is slow to respond|
|Very often found as a payment method on the bookmakers’ websites|
|No fees for sending money between Neteller users|
|The high degree of safety|
There are many betting sites where you can see AstroPay in the payment methods. This is a virtual Internet card, which has a high degree of protection and is designed for Internet payments. With AstroPay you do not need to share your personal information with merchant sites, as it is in your bank and credit card payments.
Pros and Cons of AstroPay
|Easy and mobile to use||A small selection of currencies|
|Widespread and used for payments in India||Requires fees for some transactions|
|Possibility to top up your account with rupees|
How to Deposit Money to Betting Sites?
The deposit payment procedure is the same for each of the methods we described above. Bookmakers try to make the interface as intuitive as possible so that players can quickly start playing for real money.
So, in order to quickly replenish the game account you need to:
- Go to the bookmaker’s website. Choose a bookmaker from our list and visit its official website;
- Create an account. Click on the registration button and fill in the form, come up with a password and create an account;
- Click “Deposit”. Go to the gaming account menu and click on the deposit button to get to the deposits menu;
- Select the method. Study the list of available payment systems at the bookmaker and click on the most convenient way for you;
- Confirm the transaction. Decide on the amount and enter it into the special window, then confirm your transaction. After that, the money will be instantly credited to your betting account.
How to Withdraw Money from Betting Sites?
Withdrawing money is also very easy and all the methods we have described can be used to withdraw the money won on betting sites.
In order to do this you need:
- Login to your account. Go to the bookmaker’s website or app, click on the login button and log into your account using your username and password;
- Click “Withdraw”. Navigate to your account menu and click on the withdrawal button;
- Select a method. Click on the most convenient withdrawal method from all available at the bookmaker;
- Confirm your withdrawal. Decide on the amount of withdrawal and confirm your withdrawal request;
- Wait. As soon as the bookmaker’s team will review and approve your application, you will receive your money. The processing time varies between bookmakers.
Use Online Cricket Betting Sites in Indian Rupees
A very important factor in choosing your bookmaker is its ability to accept Indian rupees for deposits. Thus, Indian bettors can avoid losing money when they change currencies from rupees to U.S. dollars or euros. The good news is that most of the best bookmakers in India use rupees as their main currency and moreover they give bonuses in rupees to new players.
Payments Through the Betting Apps
The best bookmakers in India are interested in making sure that players have the best betting experience and stay on the platform for a long time. That’s why each of them has a handy cricket betting app that allows you to deposit or withdraw money from your betting account, as well as make quick bets. You can find all the ways we’ve described on mobile platforms and enjoy the comfort of making transactions. Your favorite payment method will always be at your fingertips!
We have collected the most frequently asked and relevant questions about bookmakers’ payment systems, which arise among Indian bettors, and answered them. Explore our answers to learn more about your payment options. Also, ask your question on this page if you can’t find the answer here!
Can I Fund My Betting Account With Rupees?
Is It Safe to Enter Your E-wallet Details on Betting Sites?
How Long Does it Take to Withdraw Money From Betting Sites in India?
Where Can I Find Information About Fees for My Payments by Different Payment Methods?
Mehdi Mckinney, sports journalist, cricket analyst and sports forecaster. Professional bettor.