Payment Methods in India

One of the most important criteria to look for when evaluating a betting site is to see what kind of payment options or payment methods they offer. There’s a wide array of different options available when you deposit money with a betting site.

We are here to guide you and to make sure you stay on the right path, whether you are a high-roller, frequent gambler or this is the first time you have ever deposited money with a bookmaker.

We always recommend that you follow India Gamblers’ guidelines, especially when it comes to the various payment methods on offer.

Best Betting Sites and Payment Methods in India

The following list is the top ten payment methods betting sites in India:

Best Payment Methods in India

The following list is some of the best payment methods available for players in India. Whether using them for your business, at a casino or you need mobile payments, these are the best options for you:

• UPI
• Skrill
• Neteller
• AstroPay
• PayPal
• ecoPayz
• MuchBetter

Generally, we recommend avoiding credit card payments as a payment solution in India as credit card processing of payments can take a long time. In the following section, we have different payments solution including mobile payments.

UPI

UPI is one of the top payment methods in India. It's available everywhere and has very low fees as well as fast transactions. It's also regulated by the Reserve Bank of India, meaning all your payments are safe and secure.

Skrill

The best eWallet payment method on the market is Skrill India. It is one of the more popular payment methods for betting sites. It's got an excellent reputation. However, a downside of this payment method, especially if you're a business, is the fees. There's no deposit fee, but a 1.35% charge on the withdrawal amount.

Neteller

If you're considering how to deposit money in Neteller from India, it's simple. This payments solution is similar to Skrill and helps to keep your accounts centralised. Neteller deposit from India have a fee for both deposits and withdrawals.

AstroPay India

Getting an AstroPay card in India is easy as it's a prepaid card available to all Indians. It's simple to get an AstroPaycard online. The Astro card can be used through other methods such as PhonePe, FreeCharge, JioMoney and more. Astro Pay is instant, with no fees and a maximum deposit of Rs. 70,000.

PayPal

Making payments with PayPal is similar to doing so with Skrill or Neteller. This eWallet offers instant and secure transactions and is globally recognised. However, there are some withdrawal fees attached, and not many betting sites accept this payment solution.

ecoPayz

ecoPayz is an excellent payment method for Indian players as it uses cutting-edge encryption technology while offering fast payments. Creating an account is free.

MuchBetter

More mobile payments are available these days, and MuchBetter is one solution. It offers a convenient payment method via its secure platform, making it faster to withdraw. You need a mobile phone and a Visa or Mastercard to top up your account.

How to deposit money with your chosen payment method at a Betting Site in India

1. Create your betting account

Sign up with one of the betting sites listed and recommended on India Gamblers, like Bet365 for example. First, you need to share some of your personal information, such as your e-mail address. After this, you will be awarded your unique betting account with the betting site using various payment methods. The betting account allows you to track the status of your business account.

2. Create an eWallet account with Skrill India or Neteller India

The simplest and most accessible way to deposit money is to use one of the large international payment methods and electronic wallets targeting private end-users. But that is not the only reason why you should use an eWallet as your first choice payment method when depositing money with a business. It also gives you the comfort of:

1. Your gambling transactions will not show up on your bank statement
2. It’s easy to keep track of your winnings and losses
3. You don’t have to share your bank details with anyone
4. You can enjoy seamless and rapid withdrawals and deposits

Now, go to Skrill India, Neteller India, Paypal India, Paytm or Entropay India to create an eWallet account. Skrill India and Neteller India are both global payment providers. They are present in 200+ countries and are owned by the same holding company, Paysafe Group Plc. Paysafe is regulated by the Financial Conduct Authority under the Electronic Money Regulation.

Skrill India is the world leader in developing solutions for private individuals wanting to game or gamble online, shop online or send money to friends and family. The solution of Paypal India, Paytm and Entropay India work just as well. Skrill India generally has lower fees, is easy to use and has a quick setup process. In addition, they have one of the best customer support systems in the Indian market.

As part of the “know your customer” requirements imposed on all regulated financial institutions. You might have to send proof of ID and address, evidencing who you are and making sure that you meet their requirements. 

If we would recommend one eWallet to a first-time depositor, we always recommend using Skrill India

3. Deposit money into your Skrill India betting account

After you have signed up and created your betting account, you will be asked to deposit money to make payments. It is time to link your Skrill eWallet account with your betting account.

You usually do this the same way when adding a new debit card or credit card to the account. Scroll through the list of options, choose “eWallet”, enter the required information, and you should be ready to start transferring money.

What do you do if you can’t open an eWallet account with Skrill India or Neteller India?

If, for some reason, you are unable to open an eWallet account with Skrill India or make a Neteller deposit from India, you should follow these simple steps:

1. Go to an online retailer to buy a Neosurf card or Astropay card. You can also visit the websites of Neosurf or Astropay card India to buy an online prepaid debit card directly from them.
2. You pay for the card using mobile money or bank transfer. If you are completing this step with the help of a friend or a member of your family, you can also settle it in cash.
3. Once you have transferred money to your brand new virtual Neosurf prepaid card or virtual Astropay prepaid card, you can use the card to deposit money into your betting account.

Deposit money with a Bank Transfer/ NetBanking

There is a growing number of betting sites and business sites that accept online banking as a payment method in India. This is great as most Indian players have a bank account.

Pros:

• Instant processing time for deposits
• No fees
• No minimum or maximum deposit limit

Cons:

• Withdrawals take time

Deposit with Visa Card business payment method

While depositing to an eCommerce platform with a visa payment is very easy, not many Indian betting sites allow this payment method. This means that your Visa or card payment may be declined. You can use your card to deposit into an eWallet, such as making a Neteller India deposit and getting around it that way. It's also possible to send your money via Paytm, PayPal etc. You can check which betting sites accept Paytm here.

Pros:

• Instant deposits
• No fees
• No minimum deposit

Cons:

• The maximum deposit is 35 lakh rupees
• Slower withdrawal times

Make a Deposit now!

Now that we've covered all of the different payment methods you can use, it's time to make a deposit!