Page updated on 30.05.2020
Popular Payment Methods for Indian Players at Online Casinos
When looking for the best online casinos in India, a question to ask is what deposit and withdrawal methods do they accept? Each casino payment method has pros and cons. Fortunately, players from India have multiple options that might include credit cards, e-wallets, voucher payments and instant banking.
Many of these options will allow players to transfer Indian rupees (₹ | INR). We will briefly run by some of the ways that you can deposit and withdraw money to and from an online casino in Indian rupees or other currencies.
Instant Banking: UPI
Unified Payments Interface UPI Net Banking is an India instant banking method offered by 150+ participating local and foreign banks mainly through mobile and tablet. You can download the UPI app at one of the banks or the Google Play or Apple Store. This method has been around since 2016 and is a fast, safe and secure option.
Participating local banks include the largest such as HDFC, State Bank of India, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, Yes Bank, Punjab National Bank, Bank of Baroda and Bank of India. Several foreign banks in India participate as well including HSBC, Citibank Retail, Deutsche Bank AG (Web Collect) and more.
UPI creates a link between your bank account and a virtual payment address. It uses 2-factor authentication and takes no longer than about 30 minutes for your money to be credited to your player account. There may be a fee of ₹0.50 per transaction to use this method, but it ultimately depends on your bank. This casino deposit method is not the most common, but we think it will continue to grow.
Skrill is a fast, secure and discreet method of making deposits and withdrawals to and from online casinos in India without the need for a correspondent bank. Some smaller fees apply to this payment method. It is possible to register an account in Indian rupees. Skrill deposits have often been excluded from qualifying for an Indian casino welcome bonus so it's a good idea to check the T&Cs to be sure.
Neteller is the third product from the fintech company Paysafe. It is a popular method used around the world as it allows you to load money onto your electronic wallet. You can then spend your money at online merchants, including online casinos in Indian rupees. It is a popular method of payment at online casinos.
Transaction times are swift, and fees are relatively low. Players from India can set up an e-wallet that accepts Indian rupees (₹). A drawback of this method is that Neteller deposits might be excluded from qualifying for an India casino bonus (welcome offer). You should check the T&Cs to be sure.
Ecobanq is another extremely popular e-wallet made explicitly for the India market. The Ecobanq wallet only allows payments in rupees that are fast, safe and secure. The best online casinos in India will allow you to deposit and withdraw your rupees in this way. Despite Ecobanq fees, it is still a cheap payment method. Load money onto your e-wallet using a credit card or bank transfer.
This is another popular e-wallet accepted by many India EcoPayz casinos. EcoPayz, is one of the oldest e-wallets, allowing fast, safe, cheap and straightforward payments in Indian rupees. Several online casinos accept EcoPayz for both deposits and withdrawals. Their other products include their EcoVoucher and EcoCard prepaid Mastercard.
MuchBetter e-wallet is a payment method available online or over mobile app and accepted in many countries, including India. As with other e-wallets, this method is fast, safe and secure but only available in EUR, USD and GBP.
MuchBetter is a good payment option for Indian players who aren't concerned about making rupee deposits. It is a newer e-wallet, but it is becoming more popular as a deposit and withdrawal method at some of the best Indian online casinos.
Jeton e-wallet is an interesting casino payment method for India players because it accepts rupees and over 50 other currencies. Use it to deposit and withdraw money for free. As with other electronic wallets, depositing and withdrawing to or from a top casino in India is fast, easy and safe whether you're using INR or another currency.
Astropay is a digital voucher payment method available in India as well as many other countries. It is a safe, instant and secure deposit method which allows you to control your spending by limiting your deposit size. Unfortunately, Astropay cannot be used to withdraw money. Also, this method will cost you 5% of the voucher value.
Credit Cards: Visa and MasterCard
Some of the top online casinos in India accept both Visa and MasterCard as payment methods. Credit card deposits are fast, safe and secure, but withdrawals back to them may or may not be possible, so you should double-check to be sure.
We only suggest that you use credit cards for convenience as we do not recommend online gambling with borrowed money. Alternatively, if you're going to gamble using a credit card then lower your limit to an amount that you can afford to lose.
India players are blessed with several payment options that include e-wallets (Jeton / MuchBette / ecoPayz / Ecobanq / Neteller / Skrill). There are also instant banking methods such as UPI and vouchers, such as Astropay. Find out more in this article.
It is safe to play at an online casino if you take some reasonable precautions. First, you should only play at a licensed and regulated casino from a reputable regulator like the MGA or UKGC. This will ensure that your experience is fair and transparent, and that games have not been tampered with.
All of the casinos that we promote are licensed and regulated and have a generally good reputation with players.
Most online payment methods will qualify you for an online casino bonus that can consist of a deposit bonus, cashback bonus, free spins or other. All of our recommended casinos offer India players a welcome bonus. Still, you should confirm whether your choice of deposit method does not exclude you from the offer.
The answer is that there is no perfect payment method, but this doesn't mean that there aren't plenty of great ones. E-wallets are effective because they are discreet, very fast, safe and secure, allowing both deposits and withdrawals.
Credit cards have most of the benefits of e-wallets. They can be convenient, but we suggest you only use them for convenience and not use them as a source of credit. If you're going to use them for credit, then lower your limit to an amount that you can afford to lose.
Voucher payments such as Astropay can also be very fast, safe, secure and discreet too. They have the added benefit of being a good way of controlling your spending since their value is limited.
Instant banking methods, such as UPI create virtual accounts linked to your bank account. They are another excellent option as they are just as fast, safe and secure as the other methods. Because they're connected to your bank account, you cannot spend more than you have.