UPI India Review 2021 - The Best UPI Betting Sites

upi india review

Unified Payments Interface UPI is one of India's most famous payment methods, and it is loved by all, including punters, for its simplicity and ease of use. The UPI payments service is accepted by almost all Indian-based betting sites. The service is currently regulated and controlled by the Reserve Bank of India, meaning that you can be sure that your transactions are completely secured and safe. Interestingly, you can use the service to make local transactions through mobile payments or money transfer from your UPI wallet, or by scanning the UPI transactions QR Code.

What we like about UPI India

  • UPI offers a secured payment system
  • There are no charges when you use UPI for any kind of transaction
  • Transferring funds with UPI to any merchant is fast and secure
  • The payment system is easy to use to send money and receive money
  • UPI has the backing of all banks in India, including the HDFC bank
  • You can also get some cashback for using UPI to send money

What we dislike about UPI India

  • You cannot transfer more than ₹100,000 at a time with UPI
  • If you have a slow network, you cannot use the UPI payment system to transact
  • Once your UPI pin is exposed, hackers can easily tamper with your money

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What is UPI?

UPI india review

UPI is known as Unified Payment Interface and it is an instant payment system that was created by the National Payments Corporation of India NPCI, together with the Government of India, to facilitate inter-bank transfers. UPI was created under the RBI initiative to ensure that a safe, accessible, efficient, interoperable, inclusive, and authorized payment and settlement system is developed in India.

The system is regulated by the Reserve Bank of India and it helps you to transfer funds between two bank accounts on a mobile platform. Over the years the service has become increasingly popular and it is used by many people, including punters who use it to fund their betting account. UPI was developed in 2016 and it has since become one of the top online transaction systems in India.

How to Deposit with UPI in India?

As we have pointed out earlier, you can deposit into your betting site using UPI. If you want to do that, we have put together this section to help you learn how to use the interface to fund most Indian betting sites. To get started, the first thing that you need to do is to ensure that you have created an account and logged into your account at any UPI accepted online casino. If you have not done that, you can simply take a look at our list of recommended online casinos and betting sites, where you can choose UPI as a banking option for deposit and withdrawal. Check below for the different steps to take when you want to deposit with UPI.
  1. Pick a UPI wallet
    You will find information about the most popular UPI wallets listed below in this article.
  2. Link your bank account
    Link your bank account to your UPI wallet by providing your mobile number on the UPI app and it will fetch all your details.
  3. Register at a UPI betting site
    Pick one of the recommended UPI betting sites listed above.
  4. Select deposit method: UPI
    Select UPI from the deposit methods available.
  5. Get started
    Confirm your deposit and claim your bonus to start betting with real money.

Unified Payments Interface UPI wallets in India

As it stands, there are many UPI wallets that you can decide to use, depending on your preference and the bank you use. In this section, we will be talking about some of the top UPI wallets that are currently available to players today.

PayTM

PayTM is an online e-wallet that you can use with the UPI interface. It offers a reliable charge-free online payment service, meaning that you can deposit at your favourite casinos without paying any fees.

To use this payment method, you simply need to create a wallet and then fund the wallet. You can use either your debit or credit card to fund your PayTM wallet. Aside from that, you can also use Netbanking, bank account transfer, or BHIM UPI to fund your PayTM account.

Google Pay

Google Pay is a UPI-based payment app that allows you to make a direct deposit through your bank account. Customers do not only get to send money but can also receive money directly into their bank accounts using the system.

One of the top benefits of this payment service is that it is a fast and secure payment service that offers complete value to its users. But you should know that only a handful of betting sites in the market accept Google Pay as a payment option.

PhonePe

PhonePe is another UPI-based payment system that allows you to transfer virtual funds and make a withdrawal request to and from your local bank account. It is related to the Google Pay service, and it also does not charge its customers any fees to use. Although the payment provider is still only listed at a small number of online casinos and betting sites, you can use it directly as one of the UPI wallets.

BHIM

BHIM works on the UPI system and it is a mobile payment app for Indians, which was also created by the National Payments Corporation of India NPCI to improve digital transactions in India. With BHIM, users can receive or send money from or to UPI addresses and even non-UPI based accounts.

Unlike the other UPI payment apps, BHIM cannot hold money; you simply use it as a transaction medium. This means that money simply flows through the system.

Other UPI Wallets

Aside from the ones that we have mentioned, there are other UPI payment wallets that you can decide to use. You can fund most of these wallets using your credit cards or by transfer to your local bank account number.

Some of the other UPI wallets include MobiKwik, mPesa, Airtel Money, CRED, Amazon Pay, Jio Pay, WhatsApp Pay, and many others. Interestingly, you can download some of these apps on your Android or iOS device and you can make payments over the internet.

Is it legal to use UPI for betting in India?

Yes, it is legal to use UPI for betting in India, and currently, many betting sites are accepting payment through UPI.

Which is the best UPI in India?

To pick one as the best can be a bit difficult, since they all have unique features. So, we believe that the best UPI wallet depends on your perception and preference.

Is UPI safe?

UPI is certainly very safe to use and the team works tirelessly to ensure that every security loophole is filled, so that users can be safe from hackers and scammers.

Is UPI the best in the world?

We can't say UPI is the best in the world, but we can surely say it is one of the best payment services you can use to fund your betting accounts in India.

Is UPI made in India?

Yes, UPI was developed in India by the National Payments Corporation of India NPCI to help improve inter-bank money transfers.

Unified Payment Interface UPI App

UPI app India

Most UPI digital payments wallets come with apps that you will need to download, especially if you want to use any of the mobile payment options. In that case, you need to understand that before you can get started, you have to first download the app on your mobile device.

How to Download on Android

To download any of the UPI payments wallets app on your device, you need to ensure that you already have in mind the one you want to use. After that, you can go to the Google Play store on your mobile to search for the UPI app, and then you can click on the official app to start the process.

Once the downloading and installation is complete, you will see the app appear on your phone, and you can start to use it to transfer and receive funds from companies, betting sites, and different merchants. Note that before you proceed, look at various Unified Payment Interface app customer reviews.

How to Download on iOS

The process to download on your iOS devices is similar to downloading the app on your Android. You can easily download different Unified Payments Interface apps on your iPhone or iPad.

Follow the same process that we explained above and in no time, you will have the wallets on your device and you can start to perform different financial transactions using your mobile device.

UPI VIP program

Depending on the UPI wallets you decide to use, there are various VIP programs you can easily enjoy. With these programs, you will enjoy some exciting and exclusive incentives that would make your experience even better.

For instance, you can get to enjoy different value-added transactions when you deposit or transfer with your VIP account. In addition to that, you can even get to receive special invites to some closed events where you get to meet celebrities, government representatives, and other top individuals in the world today.

Why Deposit with UPI on a Betting Site?

deposit with UPI india

There are a lot of reasons why you should deposit with UPI on a betting site. For a start, this payment service is easy, fast, and reliable to use. In addition to that, it is one of the cheapest options to use in India as most of the transaction fees are free of charge. UPI is fully registered and regulated by the Reserve Bank of India, making it a secured option for players. Lastly, it is backed by most banking institutes in India.

Alternative payment methods for betting sites in India

UPI is not the only payment service you can use at most betting sites in India. Here, we have highlighted most of the top alternative payment methods that you can use for deposits and withdrawals at most betting sites. Continue to read to find out more.

Skrill

In all certainty, Skrill is one of the most popular money transfer services in the world today. When it comes to online gambling, many punters make use of this service to deposit and also cash out funds from their bet accounts.

The service is secured and transactions are instant, whether you are depositing or withdrawing funds. You can even enjoy different exclusive bonuses when you use Skrill to deposit at some online casinos or betting sites.

Neteller

Similar to Skrill, Neteller is a digital e-wallet payment method that you can use at various betting sites to fund your account. It also offers a fast and reliable payment service that does not require you to pay heavy fees from time to time.

You can easily fund your Neteller account using your credit or debit cards and then you can transfer the funds into your bet account.

Debit/Credit Cards

With your debit/credit cards, you can deposit into any betting site in India. You simply need to provide your card details during the payment process. This option is directly connected to your bank account, meaning that the funds will flow from your bank to the betting site account without any middle man.

Bank Transfer

Another alternative to UPI is the bank transfer method, where you simply send funds from your bank account to your betting account. The only downside with this is that the process might take a longer time compared to other payment methods, depending on the bank's network when you initiate the transaction.

How to claim your deposit bonus with UPI

If you join any of the betting sites that offer deposit bonuses to any user that deposits with UPI, you can claim the bonus without stress. All you need to do is to first read through the instructions attached to the bonus offer and after that, you can follow them step by step to claim the deposit bonus.

What you should know is that in some cases, you will need to provide a bonus code and in other cases, it is not required. So, you have to be careful before you deposit with UPI that you have checked if there is a requirement where you need to provide bonus codes. Aside from that, you are good to claim your deposit bonus with UPI.

How to withdraw money from a betting site with UPI

Withdrawing funds from a betting site using UPI is often just as easy and straightforward as depositing with UPI. Notwithstanding, before you can proceed to withdraw funds from any betting site in India, you are required to verify your identity on the betting site.

This process is done to stop criminal activities such as money laundering. Once you have verified your identity, you can start to process your withdrawal using UPI. You just need to go to the cashier tab on the betting site, click on the Withdraw button, and then proceed to select UPI as your preferred payment option, and in no time, you will get your funds.

Is it safe to deposit with UPI in India?

Without an iota of doubt, it is completely safe to deposit at various betting sites in India with UPI. You just need to ensure that nobody has your UPI pin and you are good to go. We know this for certain because UPI is controlled by a Government agency, and their goal is to ensure protection for every user of the interface. As a result, it is safe to deposit with UPI in India.

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