Best Payment Methods for Betting in India: Deposit and Withdrawal Options
There are many casinos and betting shops in India and users have a good choice of payment methods. Some of the best options for payment in India are MasterCard, Visa, Paytm, Net banking, UPI, IMPS, Neteller, Astropay, and others.
For those who are interested in online betting in India, it is important to know about the payment options. Betting sites in India offer different payment options to players, but it is important to register and then create a deposit to create bets. It is easy now to learn about the minimum deposit betting sites in India and also the withdrawal methods in INR for betting on football, cricket, basketball, and others, and also the disadvantages and advantages.
Betting Sites With the Best Payment Methods
Many betting sites in India provide the option to use popular payment methods on their sites, which is very convenient for the players. The betting sites listed below are licensed and fully legal in India and have the best payment methods.
Review of the Best Payment Options for Bets
The payment methods in Indian bookmakers are many and are allowed to be chosen by the users. However, all of them have their pros and cons and it is easy to know about them now.
Visa/MasterCard
VISA and Mastercard are the most popular names among bookmakers. Majority credit/debit cards are based on these payment networks and creating deposits with them is quick and easy.
- ✔️ Trusted by users around the world
- ✔️ Modern security is provided
- ✔️ High accountability
- ✖️ Not a lot of anonymity
- Read Visa/MasterCard Betting Guide
Skrill
Skrill was founded in 2001 and is a popular e-wallet that is accepted at betting sites in India. The Skrill payment method supports 41 currencies, including Indian rupees.
- ✔️ Free registration
- ✔️ High security
- ✔️ Multi-currency acceptance
- ✖️ It may take some time to check
- ✖️ The customer service response has to wait
- ✖️ Skrill payments are not eligible for certain bonuses
Neteller
Neteller is a favorite among players. It has the feature of 256-bit encryption protocols and device fingerprinting for more secure transactions. This method of paying for bets on mobile devices is often used. There are bonuses available, such as VIP programs where there are high payment limits.
- ✔️ VIP program, which has additional features
- ✔️ Watertight security
- ✔️ High processing speed
- ✖️ For some bonuses are not accepted
- ✖️ Charges a high commission for the deposit
PayTM
PayTM works as a virtual wallet that allows you to transfer funds to it through various channels, including Internet banking, credit and debit cards. With the help of PayTM wallet one can easily make purchases of various goods without resorting to cash. This facility extends to betting at bookmakers from India as well.
- ✔️ Easy registration and instant verification
- ✔️ Accepts INR
- ✔️ Allows UPI
- ✖️ Credit card replenishment is subject to a fee
- ✖️ Cannot be used on sites that do not accept INR
PhonePe
PhonePe has been another betting payment method for India since its launch in 2015. It is available in 10 languages and in various ways can be recharged like credit/debit cards, UPI, and online banking.
- ✔️ One-click payments
- ✔️ It is easy to load this wallet
- ✔️ No deposit fee
- ✖️ Lengthy verification process
- ✖️ Not widespread, unlike other wallets
Google Pay
Google Pay e-wallet is the most secure way to create deposits from Google. To start betting, you need a debit card linked to your GPay account.
- ✔️ Quick installation
- ✔️ State-of-the-art security backed by Google
- ✔️ No additional fees for the transaction
- ✖️ Not widely available as a withdrawal method
- ✖️ Poor customer support
PayPal
PayPal offers its services in over 200 countries and offers its services in India as well. Easy transactions, local currency, and fast deposits make it a good option for the Indian player.
- ✔️ Transfers are fast
- ✔️ Excellent security and privacy, there is state-of-the-art SSL encryption technology
- ✔️ Accepts deposits in INR
- ✖️ Unable to replenish account through money transfer from one account to another
PaySafeCard
Paysafecard is a way to pay for betting in India, where vouchers are available and can be used in betting shops. These vouchers can be purchased at local outlets and are anonymous.
- ✔️ Simple deposit process
- ✔️ Multi-currency support
- ✔️ Excellent fraud detection features
- ✖️ No withdrawals allowed
- ✖️ Voucher funds are non-refundable if unused
AstroPay
AstroPay is a virtual prepaid card that is commonly used to fund betting accounts in India at betting shops and has an extra level of anonymity. The AstroPay card is one of the fastest and most affordable ways to pay for betting without having to disclose personal banking information.
- ✔️ The high degree of anonymity
- ✔️ Payments in INR are accepted
- ✔️ Suitable for quick deposits
- ✖️ As a withdrawal method, it is not often available
NetBanking
In NetBanking (or Bank Transfer) transactions are carried out by players via Internet banking services. The method is as safe as possible because banks directly control these payments.
- ✔️ High confidence factor
- ✔️ Excellent security
- ✔️ No need to link bank accounts to other payment methods
- ✖️ High transaction time
- ✖️ Unavailable 24/7
UPI
Unified Payment Interface (UPI) - does not require the player to disclose bank or personal details to the betting company. UPI-based transactions can be processed through several applications, such as PhonePe, Paytm, or your bank's UPI application.
- ✔️ Highly secure deposit method
- ✔️ Authorized for use in a variety of applications
- ✔️ Instant payments per transaction without commissions
- ✖️ Many Indians hesitate to use bank details due to the attached UPI identifier.
EcoPayz
Payz (formerly known as ecoPayz) is a payment solution available as a way to pay for betting in India on betting sites and their apps. The player will be required to fill out a short form and an account will be opened.
- ✔️ Accepts INR
- ✔️ Ongoing customer support is available
- ✔️ Instant transfers
- ✖️ High commissions for international transfers
- ✖️ Users are notified of restrictions when making transactions
IMPS
Immediate Payment Service or IMPS is a method for electronic funds transfer that is used by banks and it is possible to transfer funds instantly between 2 bank accounts. IMPS is fast and convenient which is good to use.
- ✔️ Instant payments
- ✔️ Suitable for large transactions
- ✔️ Minimum downtime
- ✖️ Bank details must be disclosed
- ✖️ A fee is charged for the transaction
Cryptocurrencies (Bitcoin, Ethereum, etc.)
Cryptocurrencies are the newest addition to online betting payment methods. Ethereum, Bitcoin, Dogecoin, Bitcoin, and others are allowed to be used on cryptocurrency betting sites in India where more than 20 different cryptocurrencies are available. These are digital currencies where advanced blockchain technology, a secure and transparent payment method, is used to create anonymity. Instant transaction speed.
- ✔️ High anonymity
- ✔️ Instant calculation
- ✔️ There is no need to involve banks
- ✖️ There is no oversight by regulatory authorities
- ✖️ High transaction costs
What Other Payment Options Might Be Useful for Betting?
Apart from the major and popular payment options in India there are other payment options as well. Although they are lesser known, these methods may be more effective deposit and withdrawal options for your situation:
- Neosurf;
- Payz;
- Muchbetter;
- Apple Pay;
- Trustly;
- Ecopay;
- Rupay;
How To Choose a Betting Payment Method
Users in India are advised to choose a bookmaker that has various betting payment methods. Before choosing one, it is important to look at security and privacy, payment limits, INR eligibility, transaction time, opening hours, and processing fees.
Security and Privacy
With fraud on the rise, it is important to have a payment method in India on a secure online platform that uses SSL as well as highly encrypted protocols. It is still important to be licensed by a special regulatory body. We also recommend visiting the company's official page and looking carefully at the website address, as even 1 different letter (compared to the official page) can easily fall victim to fraudsters.
Acceptability of Local Currency
It is better to have a betting payment method in India that accepts INR for deposits as well as withdrawals from the betting shop. This way, you won't have to pay currency conversion fees.
Payment Limits
It is advisable to pay attention to the payout limits in India at bookmakers, they should be both high for withdrawals and low for deposits. For example, Neteller gives high payment limits thanks to its VIP program, and it also has dedicated account managers.
Transaction Time
It is recommended to check the transaction time for the betting payment method that the user is going to use. This will avoid disappointment when making payments, when the waiting time can be up to several days.
Processing Fee
When funding your account, some betting payment methods charge processing fees. Confirm these fees in advance, where they are often mentioned in the FAQ section of the betting shop's website, or explained in the chat room.
Operating Hours
It is definitely worth studying the opening hours of the selected methods of replenishment, as well as withdrawals, especially bank transfers and online banking. Some banks do not provide these services 24 hours a day or at weekends, so you may experience a lack of feedback on a question or problem for a long time.
How To Deposit Money to Betting Sites
After reviewing the popular payment methods, it remains to fund your account to start betting in India. It is not difficult and quick to do this, and it is recommended to deposit your account in this way:
Choose a bookmaker
Choose from the list above or another bookmaker, then it is required to go to the official page, or through the application to do it.
Log into your account
Using your username and password log in to your account. And if you don't have one, then create one by going through registration.
Find the deposit button
After authorization in your personal cabinet, you need to find and click on the "Deposit to account" button on the site. Usually it is located in the header of the site.
Choose the deposit method
In the form that opens, select a convenient way to replenish your account and click on it.
Confirm the transfer
In the payment system specify the deposit amount, and details, then confirm the transaction.
Top Rated Bookmakers: Minimum & Maximum Deposit
To help start creating bets and know about the minimum and maximum deposits in India's best bookmaker offices, then created a table:
Bookmaker | Minimum Deposit | Processing Time |
---|---|---|
Parimatch | 500 INR | from 1 to 15 minutes |
Dafabet | 400 INR | from 1 to 15 minutes |
1Win | 300 INR | from 1 to 15 minutes |
1xBet | 75 INR | from 1 to 15 minutes |
10Cric | 500 INR | from 1 to 15 minutes |
Melbet | 55 INR | from 1 to 15 minutes |
Betway | 250 INR | from 1 to 15 minutes |
Purewin | 200 INR | from 1 to 15 minutes |
4raBet | 100 INR | from 1 to 15 minutes |
Indibet | 100 INR | from 1 to 15 minutes |
How To Withdraw Money From Betting Website
After several created bets and receiving winnings, Indian players need to know how to withdraw their INR. This will require steps like these:
Open a bookmaker site
Open the official page of your bookmaker in India or the mobile app of the bookmaker.
Login to your account
Using your username and password log in to your account.
Confirm your profile
Confirm your account for a successful withdrawal, where you need the bookmaker's support service to send a photo of documents that confirm the identity of the user.
Choose the method of withdrawal
In the "Withdrawal of funds" tab of your profile, select any payment method.
Confirm the transaction
Specify the amount to withdraw in INR, then the details, and then confirm the transfer.
Top Rated Bookmakers: Minimum Withdrawal & Processing Time
Want players in India to have fast withdrawals INR from every bookmaker, so in the table are the best betting sites with fast withdrawals in India:
Bookmaker | Maximum Withdrawal | Processing Time |
Parimatch | 1,00,000 INR | Instant (most cases) |
Dafabet | No deposit limit | 15 minutes (most cases) |
1Win | No deposit limit | Instant (most cases) |
1xBet | No deposit limit | Instant (most cases) |
10Cric | 18,00,000 INR | Within 24 hours |
Melbet | No deposit limit | 15 minutes (most cases) |
Betway | No deposit limit | Within 24 hours |
Purewin | 14,00,000 INR | Within 24 hours |
4raBet | No deposit limit | 15 minutes (most cases) |
Indibet | No deposit limit | Within 24 hours |
Bookmaker Sites With Low Deposit
Many players in India are on the lookout for the sites with the lowest deposits. Here they are easy to see from the list below:
Bookmaker | Minimum Deposit |
---|---|
Rajbet | 50 INR |
MelBet | 55 INR |
1xBet | 75 INR |
888starz | 85 INR |
Indibet | 100 INR |
4Rabet | 100 INR |
1Win | 300 INR |
Purewin | 200 INR |
Betway | 250 INR |
Mostbet | 300 INR |
Bookmaker Sites With Fast Withdrawals
Indian players want to get their INR as soon as possible after winning in betting. Therefore, here is the list of betting sites that allow quick withdrawal of their INR:
Bookmaker | Processing Time | Link to Join |
---|---|---|
1Win | Instant (most cases) | |
1xBet | Instant (most cases) | |
Parimatch | Instant (most cases) | |
Bet365 | Instant (most cases) | |
Casumo | Instant (most cases) |
Payments With Mobile App
Mobile betting has become popular in India in recent years. They are allowed to be created anywhere and anytime. If players in India create bets using a mobile device, it will not affect user payments. Almost all betting payment methods in India are suitable for mobile betting. Using e-wallets for players will be more convenient when betting on mobile devices as there is integration with the server side.
FAQs
✔️ What payment methods do Indian betting sites support?
In India, some of the best options for payment are MasterCard, Paytm, Visa, Net banking, UPI, Neteller, IMPS, Astropay, and others.
✔️ Which betting payment methods are the most secure?
The safest payment methods in India are cryptocurrencies, but other methods like UPI are more regulated.
✔️ Is it safe to deposit money on a betting site in India?
Yes, it is safe, because in India payment systems take privacy and security seriously, so they have SSL encryption for data processing and storage, as well as licenses.
✔️ What is the best deposit method for Indian players?
In India, the betting sites with the best payment methods are Paytm and Net banking, MasterCard and Visa, UPI and IMPS, Astropay, and Neteller.
✔️ How to deposit funds on betting sites in India?
To deposit to your account in India on a bookmaker’s website, you need to select a bookmaker, log in to your account (if you don’t have an account – register), click on the “Deposit” button, select the deposit method, then specify the deposit amount, your details and then confirm the transaction.
✔️ Is it possible to get a welcome bonus when making a deposit?
Yes. The above-mentioned betting sites In India will provide players with a welcome bonus when they create an account and make a deposit.
✔️ What is the best withdrawal method in India?
In India, the best withdrawal method to use is Betway, 22Bet, Betwinner, and 888Sport – they have no maximum deposit size, while Casumo, Paripesa, 1xBet, Parimatch, and Bet365 have fast withdrawals in INR.
✔️ How to withdraw money from a betting site?
To withdraw your funds INR from the site of Bookmaker India is important to choose a bookmaker, register and log in to your account, confirm your profile, then choose the method of withdrawal and will remain to specify the amount, and details, and then confirm the transfer.
✔️ How long does it take to withdraw money from betting sites?
Withdrawal time from a betting account in India depends on the bookmaker and the chosen payment method and usually takes from 15 minutes to several days, sometimes up to 5 working days.
✔️ Which betting payment methods are the fastest?
The fastest ways to pay for betting in India are e-wallets and cryptocurrencies. They support instant deposit and withdrawal of INR, and in terms of time, 24 to 48 hours.
✔️ Do online betting sites charge fees for deposits and withdrawals?
Online betting sites in India do not charge any commission for deposits and withdrawals. If any commission is charged, it is the provider’s commission or, or for currency exchange. It is advisable to check the operator’s website to get more details.