UPI India is a famous method of payment used in the country. The mobile applications are connected with more than a hundred popular commercial banks in India. NPCI, or National Payment Corporation of India, established UPI in 2016 and manages UPI and IMPS.
You might think that UPI and IMPS are a waste of your time, but most Indians use these methods in their everyday life. Using IMPS to pay online casinos can be troublesome because it uses NEFT for making transactions. You and the receiver of the money both need to have an Indian account.
You can instantly make transactions with a foreign account using your account through UPI. You just need a UPI ID, and you are good to go. Most transactions are free or charge a very little amount. PayTM, PhonePe, Google Pay, etc., are some famous UPIs used by Indians for online gambling. Reserve Bank of India regulates all transactions, and it is secure and safe to use UPI.
UPI Unified Payments Interface is an instant payment portal that is very cheap and easy to use. Almost all major banks are a part of UPIs, and you will not require any other payment method. In this blog, we will know all about UPI, how to install and use it, how to make payments to casinos, and top casinos that accept the UPI payment method. You will have complete knowledge of how does UPI works in India.
Pros | Cons |
---|---|
Transactions fees are very low and affordable | Some online casinos may take time to process UPI transactions |
Transactions are instant and you can start gambling right away | Transactions are not anonymous because Government have a full record |
The Reserve Bank of India regulates UPI which makes it secure and safe | Some people find it difficult to install and make use of UPI for transactions |
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These are some of the best casinos that accept the UPI payment method and the Indian currency.
Parimatch has been one of the top names in the gambling industry for a long time, and there is no stopping it. Global superstars like Conor McGregor are ambassadors of the company who have a presence in many countries, including India. Whether you prefer sports betting or like to test your luck on casino games, Parimatch offers a safe and secure platform for Indians to bet at. You can use UPI or Skrill UPI deposit at Parimatch.
A popular online casino where you can make UPI India payments easily. There are over 2000 slots and many live casino games, along with cricket betting and other sports. The bonuses and promotions here are elite-level, and you can bet in Indian Rupees. You can play the popular Indian games Andar Bahar and Teen Patti here. Overall, it is a lovely place to gamble, and Indians should take a look at this casino.
Even though Pure Casino does not offer sports betting and you can just play casino games here, it is loved by users in the Indian market. You’ll find uncountable slots here, along with a popular card and table games like Teen Patti, Blackjack, Andar Bahar, etc. Make a minimum deposit of 500 INR using UPI and cashouts are fast too.
Betway has its headquarters in Malta and is one of the most recognized names worldwide when it comes to online casinos. They focus on sports betting as well casino games of various types. Indian players can easily gamble here using UPI and other payment methods. Some of the best developers provide games that have high audio and visual quality.
Some of you like to make slow starts, and you can do so at Casumo by making a minimum deposit of 500 INR. Almost every hour, there is a slot tournament here which is one of the best features of this casino. You can win prizes worth 40000 INR without investing a lot of money. You can make deposits using Neteller UPI deposit or other methods.
If you are wondering how UPI works in India or how to use UPI to make payments to online casinos, you have come to the right place. We will look at a step-by-step guide on how to make a payment using a UPI app.
Find an online casino that accepts UPI and Indian currency
Check our list above that has a list of the top online casinos that accept Indian currency and UPI for payments. Take a look at the pros and cons of various websites and go for the one which suits your needs best. Open the particular website using your browser and proceed with the next steps.
Make a new account
Before you start playing or making bets on sports, you will need to register or make a new account at every online casino. Click on the Registration or Join Now page to start the process. A form will appear for you to fill. Enter all necessary information and choose your preferred currency.
Head over to the Cashier page
Once you register and make your account, you will be good to go and use the various features of the casino. Open your account profile and click on Cashier. You will see various options to deposit and make withdrawals from your account.
Choose the UPI or Netbanking payment method
Select the UPI method of payment if you can see it. If you see Netbanking UPI, click on it and write the amount you want to deposit. Hit Continue once you are done, and a safe payment gateway will open up. Enter your UPI ID here first, and then open your UPI app to complete the transaction easily.
Make the deposit and start betting or playing casino games
Whether you deposit money using UPI or any other method, once the money reaches your account, you will be ready to bet on any sport or play any casino or table game you want to.
Bet365 UPI deposit is easy, secure, and fast for Indians. The minimum limit is 500 INR, and the maximum limit is 70000 INR using UPI. However, you cannot withdraw money at Bet365 using UPI. Follow these steps to deposit money at Bet365 using a UPI application easily.
You should have an account at Bet365 to make deposits. If you do not have one, you need to visit the official website and create a new account first. Once you have made a new account, you can proceed with depositing money to your Bet365 account.
Click on Deposit and choose the UPI payment option. For your first deposit, you will need to complete a verification check. The UPI website will open where you need to give your UPI ID and click on Verify and Pay.
After you do the above steps, you will have to open BHIM App on your smartphone to confirm and complete the payment process. Your Bet365 account name and the name on your BHIM account must be the same to complete the transaction.
Open the Bet365 website or app after making the payment, and the amount will be credited instantly to your account. Use this money to bet on sports or play your favorite casino games.
Just like depositing money, withdrawing money from online casinos using UPIs is a safe and easy method. First of all, you have to make sure the money is available for withdrawal as you need to complete some wagering requirements to make the money eligible for withdrawal. Follow these steps to withdraw money using UPI.
Step 1: Log in to your account at the concerned casino and head over to the Cashier page, just like you did for deposits.
Step 2: Click on Withdrawal.
Step 3: Select UPI as your preferred method of payment to make the withdrawal.
Step 4: Enter whatever amount of money you wish to withdraw from your account.
Step 5: Enter your correct and precise bank details. This will include your 11-digit IFSC Code and your bank account number.
Step 6: Click on Withdraw to complete the payment process.
Withdrawals using UPI are generally instant but may take some time on some occasions. Some casinos let you make deposits using UPIs but not withdrawals, so make sure you check in advance. Also, check the maximum and minimum withdrawal limits of your casino.
We read in the beginning who owns UPI, i.e., the National Payment Corporation of India. They charge around 0.5 INR for each transaction you make with a UPI app. Some online casinos have separate fees if you use UPI, so check beforehand.
You have to download the BHIM or other UPI app that your smartphone supports. Register on the app using your mobile number and link your bank account to the app. Make your UPI ID, and you are ready to use UPI to make and receive payments easily.
There is no shortage of safe and secure UPI applications in India. Some of the best ones include Google Pay, PayTM, Phone Pe, BHIM, etc. All of them are nice and feel free to use any of them.
UPI is a real-time payment system used by NPCI for inter-bank and inter-account transactions. You can instantly send or receive money using your smartphone through UPI.
Yes, UPI is available to just Indian users. However, you can use the UPI to make payments to bank accounts based in other countries without any issues.
Yes, PayTM is a UPI app and one of the most famous ones in India. Most people have started using PayTM and other UPIs to make payments in daily life, and you can also use it to gamble on online casinos.
If you have a bank account, you can create a UPI QR code. Open the BHIM app and link your bank account to it. You can now generate a new QR code for your account.