The Best Betting Apps that Accept PhonePe
Millions of Indian players prefer to make betting more convenient and place their bets on Android and iOS apps. We have compiled for you a list of the best free betting apps in India that accept PhonePe payments. The same list will be for the cricket betting sites.
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What is PhonePe?
First of all, PhonePe is one of the most popular payment applications in India, created in 2015. It is universal because it is used not only as an electronic wallet but also as a UPI (Unified Payment Interface) payment application. You can use it for most payments on the Internet, including deposits and withdrawals from bookmakers. The app is completely free for Indian users and is available in 11 Indian languages and used in 500 cities in India.
Understanding the level of convenience and popularity of PhonePe, betting companies are actively adding this payment system for money transactions of players, which allows Indian bettors to send and receive winning money as quickly and effortlessly as possible.
Benefits of Online Betting with PhonePe
At the moment PhonePe is implemented on most betting sites, being one of the most popular and convenient payment methods. The entire functionality allows any user to quickly understand the mechanisms of sending and receiving money and use it in their bets. Over the years PhonePe has almost completely perfected all possible aspects. Some of the most striking benefits of the payment application include:
- Instant payment sending in a few clicks;
- Available in 11 languages;
- It is legal in India, safe and secure, and regulated by the Reserve Bank of India;
- The highest degree of information security for users;
- SSL encrypted storage servers;
- 24/7 customer support available;
- Used as a payment system on most betting sites;
- Licensed by Reserve Bank of India;
- You can use PhonePe to make UPI deposits;
- Created specifically for Indian rupee transactions.
These factors provide users with maximum ease of use. Due to them more and more players from India download PhonePe and use it for their payments and the betting companies understand it very well. For this reason, they add this payment system to the list of the main methods of money transactions. It helps you make instant deposits and start making money in betting.
Advantages and Disadvantages of Payment Method
The PhonePe payment application has obvious advantages that make it an indispensable assistant when interacting with bookmakers. However, there are also disadvantages that affect its use in one way or another. We have highlighted for you the strengths and weaknesses in the table.
|Easy Payments||No additional authentication is required from you to access your PhonePe account. There is no pin code.|
|Legal and licensed in India||Sometimes Delay in Payment|
|The highest level of security on internal encrypted servers||Non-Credit of Money|
|One app allows you to pay for multiple services||No interest on deposit in the PhonePe wallet|
|UPI Fund Transfer|
|You can use QR codes to make payments|
|Available in 11 Indian languages|
|Created for the use of rupees|
How Can I Open a PhonePe Account?
We have made detailed instructions for you on how to properly create a personal PhonePe account. In general, this procedure will not take much of your time and all you need is:
- Download and install PhonePe. Using your Android or iOS device go to Google Play or App Store. In the search box, enter “PhonePe” and start downloading and installing the application;
- Create an account. Login to the app and enter your mobile number in the special window;
- Enter OTP. You will receive an SMS to your phone number with a 5-digit password. Enter it in the app to confirm your number;
- Bind your accounts. At this point you need to link your bank account. You can only link accounts that are linked to your cell phone number.
How Can I Verify My PhonePe Account?
To start using a PhonePe wallet, you need to go through KYC verification. This is a fairly simple procedure, for which you only need to enter your PAN card details.
To pass it:
- Go down to the bottom of the app and click on the “KYC Details” button;
- Follow the instructions, entering your PAN number and holder details.
Then your account will be successfully verified and you will be able to use all the features of the PhonePe app for your deposits and withdrawals.
Ways to Deposit and Use of PhonePe
Users from India have several options for recharging with PhonePe. This is an integrated payment system, which interacts with a huge number of popular payment instruments. That’s why you can make:
- Top up PhonePe with a debit and credit card;
- Directly sent via UPI. This is a direct transfer of money from your bank account to the recipient through BHIM UPI;
- You can use external wallets (Airtel, Freecharge, etc.) to fund your account and make payments with PhonePe;
- Purchase a PhonePe gift card and use it for your payments.
The main and most popular way to recharge PhonePe in India is through your personal bank account.
How to Deposit to a Betting Account with PhonePe?
The method of depositing your game account via PhonePe is very simple and rarely differs from bookmaker to bookmaker. It will definitely not take you much time, and you will be able to use your money for real betting on sports games. We have prepared step-by-step instructions for you, which will help you to recharge your account this way.
- Go to the bookmaker’s platform. Go to the bookmaker’s website or app from our list;
- Login to. Click the login button and enter your username and password to access your account;
- Click “Deposit”. Go to the game account menu and click on the deposit button;
- Select the method. Explore the deposit methods available at the bookmaker and find PhonePe among them, then click on it;
- Confirm the transaction. Enter the amount and confirm the PhonePe money transaction.
How to Make A Deposit With PhonePe Through UPI?
PhonePe is a UPI-based application, so even if some sites do not have the ability to directly recharge via PhonePe, you can do it via UPI.
All you have to do is:
- Select “Deposit”. On the bookmaker’s website or app, click on the deposit button;
- Select UPI. In the payment systems window that opens, choose UPI;
- Follow the instructions. First, you make a deposit request with the bookmaker. Then you simply confirm the transaction in the PhonePe app on your device.
Some bookmakers have an option to make deposits via UPI ID, which is also convenient for many Indian users.
Conditions of Depositing and Withdrawing for Cricket Betting
Like any other payment system, PhonePe has Deposit and Withdrawal Conditions that do not limit your bets but affect them. These include. conditions can be highlighted:
- You can withdraw money from PhonePe to your bank account at any time, and the bank account must be linked to your PhonePe account;
- There are limits to the transfer of funds to your bank account. You can send 5,000 rupees per transaction. And per day 25,000 rupees;
- You can close PhonePe wallet at any time;
- The minimum limit for sending money to a betting site via PhonePe is 500 rupees;
- When you send money to a betting site, PhonePe does not charge you any commission;
- Once you have confirmed the PhonePe money transaction, you will be able to see the money in your betting account on the bookmaker’s website or app;
- In order to make a payment on the bookmaker’s website, you must be verified and over 18 years old.
So those are probably all the basic rules in using PhonePe on betting sites. If they don’t seriously affect your comfort, everything else will obviously satisfy you and you’ll quickly adopt this payment method.
The Best Alternative Payment Methods for Cricket Betting
Given all the advantages of PhonePe, it’s no wonder it’s so popular among bettors in India. However, there are many other convenient payment systems that are suitable for your betting:
All of them are part of the payment ecosystem of most bookmakers in India and provide an excellent level of comfort. So if for some reason PhonePe doesn’t suit you, you can use these alternative methods!
We collected the most frequently asked questions from Indian players about PhonePe and answered them. Read our answers to better understand the full functionality of this payment app.
Is it legal to use PhonePe in India?
Can I recharge with PhonePe through UPI payments?
Are There any Limits on Deposits and Withdrawals on PhonePe?
How Fast are Transactions From PhonePe to Real Money Betting Sites?
Mehdi Mckinney, sports journalist, cricket analyst and sports forecaster. Professional bettor.