The internet has changed many things, including the way entertainment is enjoyed. Today, people can enjoy gambling right in the comfort of their homes – thanks to online gambling platforms. Payment to Indian gambling websites can be made in many ways. Some of the convenient payment solutions include the following:
- Credit and debit cards – They are issued by banking institutions and highly reputable payment providers. They are widely accepted in almost all online casinos. The deposit transaction is instant and free of charge. On the other hand, some banks charge a nominal fee, but the main concern is that some banks don’t allow payments made to online casinos.
- E-wallets – These are online payment solutions that function the same way as a regular wallet. A fund is placed on these wallets so you can use them for online transactions such as payments to online casinos. Examples of e-Wallets are Skrill and Neteller. E-wallets offer many advantages such as instant deposit, safe and secure, and widely accepted in all casinos (both online and land-based casinos). One disadvantage is the transaction fee, especially when withdrawing via e-Wallet.
- Internet banking – It pertains to wire transfers from your bank to online casinos. It is available in almost all casinos, but the thing is, it could take days for the transaction to complete and comes with a hefty transaction fee.
- Paytm – It is one of India’s trusted online payment solutions, especially when making payments at online casinos. It is a safe and convenient payment solution used by 350 million users across India. Paytm does not only work well with online gambling sites but also with Unified Payment Interface. Refer to this guide for more information about Paytm.
- Paysafe Card – it is one of the safest and convenient prepaid payment solutions at Indian online casinos. Players purchase vouchers and use them to deposit in online casinos and betting sites. If you don’t have a bank account, a Paysafe card is your best option. One downside of a Paysafe card is you cannot use it when withdrawing funds.
- Cryptocurrency – Another way of making payments to Indian online casinos is through the use of cryptocurrencies like bitcoin. Cryptocurrencies come with many advantages, such as instant deposit and withdrawal, security, and anonymity. Today, many online casinos all over the world accept cryptocurrency as a source of payment.
Which payment gateway for online casinos in India is the best?
With many payment gateways available for Indian players, it is quite difficult to choose one. The best payment gateway varies on what works best for you. The majority of Indian players prefer Paytm because the process is quick and instant. It is also a sure way of making payments to online casinos and betting sites, especially if you use it together with UPI. The transaction is processed instantly, and there is no incurred fee. If you don’t like Paytm, your next best option is a bank transfer. However, you need to open a bank account to use bank transfers. If you have an existing bank account, deposit and withdrawal come in handy. However, you have to be aware that some banks block payments once they detected that the transaction is for online gambling purposes. Some banks allow payment transfer to online gambling sites, but with a huge fee. Before deciding which payment gateway to use, it is a must to consider all available options, weigh the pros and cons, and decide accordingly. It would take some work, but you will surely reap the benefits. The goal is to come up with an informed choice so you can maximize your online gambling experience.
