Payment Methods in India 2021
As an Indian punter looking to venture into online betting, one of the essential things you need to pay attention to is the payment methods that bookmakers accept. This will determine how you can deposit money and withdraw winnings from your betting account. When checking the payment methods accepted by Indian betting sites, you need to consider the security, fees, popularity and ease of use.
In addition, you need to pay attention to the currencies supported and how long it takes to process a transaction. In this comprehensive guide, we'll talk about some of the best payment methods in India. Let's dive right in!
Best Betting Sites and Payment Methods in India
These are our highest recommended betting sites in India in terms of payment methods, reliability and payment options:
Best Payment Methods in India
The best sports betting sites in the gaming industry accept a wide range of top payment methods that Indian punters can use. These options range from bank transfers and electronic wallets to virtual cards. In terms of security, the operators use state-of-the-art technologies to ensure that customers' money is safe.
When you play at StarPick-recommended betting sites, you can enjoy an even safer gambling experience, as these sites are encrypted using SSL. Here are some of the best payment methods to use in India.
Unified Payment Interface (UPI) is one of India's most popular payment methods, and many punters love using it because of the simplicity and flexibility that it offers. It is a fast and reliable banking option accepted by almost all top Indian betting sites.
Regulated by the Reserve Bank of India, the payment option can be used for both deposits and withdrawals. Additionally, there is an integration of other payment apps to the platform. UPI is one of the payment methods that you can use to make local transactions within India.
Google Pay is a popular payment method in India for online gambling. It is available through UPI and NetBanking and can be used to safely deposit and withdraw at Indian bookmakers.
The payment option works well on both Android and iOS devices, and the fees are not exorbitant. Besides using it for online betting, you can also pay for products and services at some local stores.
AstroPay is a virtual prepaid card and an online payment option that was founded in 2009. Since its inception, several sportsbooks and online casinos in the Indian market have accepted it as one of their primary banking options.
The good thing about the AstroPay card is that it is super fast to set up, and there is no need for account verification or KYC. However, it cannot be used for withdrawing winnings from a sportsbook.
Neteller Digital Wallets
Neteller is an online payment method that can be used for performing financial transactions. It is one of the most common digital wallets accepted in many countries worldwide, including India. The payment operator offers good services to Indian customers and supports payments in the Indian Rupees currency.
You can use the payment method to deposit and withdraw winnings at top gambling sites such as those listed on StarPick, and the processing time is pretty fast. One drawback, however, is that many bookies do not offer a first deposit bonus to Neteller customers.
Skrill is another top payment option that can be used to purchase goods at an online store and even make payments at the best sports betting sites. Founded in 2001, it is a reliable method for performing financial transactions safely, and several businesses also use the option for paying their remote workers.
An impressive thing about Skrill is that the payment operator charges lesser fees compared to some other options. Besides, it is among the few e-wallets that support payments in Indian Rupees.
When talking about popular payment methods, PayPal is surely worth mentioning. It is a safe and fast method for performing online transactions, and several things make it stand out. Impressively, the payment operator accepts Indian Rupees and the transaction fees are relatively low.
Furthermore, betting sites process deposit and withdrawal transactions made via the option swiftly. To get started using PayPal, you need to create an account with the operator.
MuchBetter is one of the top app-based payment methods that you can use at Indian gambling sites. It was founded in 2017 and is revered for its top-notch security and fast processing speed. You can use this option to pay for goods at some local stores. It is a great alternative to the traditional paper-based payment mode, such as cash and money order.
Since the payment option is app-based, it also means that you can make deposits and withdraw your winnings on your phone.
EcoPayz is a secure online payment method that you can use to send and receive money from anywhere in the world. The best bookies recommended by StarPick also allow punters to use the option to make payments into their betting account and receive winnings as well. It accepts Indian Rupees and the payment operator also offers top-notch service to customers. Additionally, when you make a transaction using ecoPayz, it is processed quickly.
PayTM is one of the payment methods that is specially created for Indians. It is a digital wallet and e-commerce payment solution that you can use to pay for goods and services at some local Indian stores.
One of the good things about the payment option is that it comes with a QR code integration. This means that you can simply make payments by scanning the code. In addition, it is incredibly fast and quite easy to get started using it.
Visa Card/ MasterCard
Credit and debit cards will surely be on the list when you check the supported payment methods at most online betting sites. The two most common credit/debit cards in the world are Visa Card and MasterCard. They are secure and easy to use.
As a customer, you can make payments by simply inputting your card details on an online store or gambling site. The method is connected directly to your bank account or credit facility. Although one of the primary payment options that top betting sites accept, you may not be able to use credit cards for withdrawals. You can check with your bookmaker if the option is allowed for payouts.
Bank Transfer Payment Method
Bank transfer is another major payment method you can use to deposit and withdraw at Indian betting sites. It allows you to transfer money from your bank account directly to your betting account without any issues.
Usually, banks provide a proprietary app for making transfers. As one of the best payment methods, several security mechanisms are put in place to ensure the safety of users' money. Be aware that your bookmaker must accept Indian Rupees for you to use bank transfers.
How to deposit money on a betting site in India
- Choose a betting site Choose a betting site from our list of recommended and trusted betting companies.
- Create an account Fill in the necessary details and complete the registration.
- Deposit money Choose your preferred payment method to fund your account in a smooth and safe way.
Make a deposit today!
If you want to enjoy the best odds on cricket, football, basketball, horse racing, and other sports, then go ahead and make a deposit at one of our recommended betting sites today. These betting sites accept easy-to-use payment methods, and they offer incredible bonuses. Whether it is card payments or e-wallets, you will have no problem making deposits at these betting sites.