Known as UPI, it is one of the most popular payment methods in India. Major banks in the country accept UPI payments. This payment mode's primary purpose is to make payments as easy as possible by merging all bank accounts into one mobile application. RBI Governor Raghuram G Rajan initiated the UPI in Mumbai in 2016.
The UPI service allows users to transfer money between bank accounts at no cost using their mobile devices. In addition to using 2-factor authentication, it is also aligned with regulatory requirements and is a secure mode of payment. By using a virtual address, you are able to make payments without entering your credit card details. Paying for products and services using UPI has become popular with offline and online merchants. You may have heard of the payment method if you live in India.
Additionally, your online casino account can be funded through this cashless payment method. UPI is now accepted by many online casinos. A casino that offers UPI allows the transaction to be seamless between your bank account and the casino's account. Besides the fast transfer of money, it takes just a few minutes to transfer the funds.
Pros and Cons
Pros
This is a simpler payment method than others.
It takes a few minutes for the money to reach the casino account.
Your financial details are not required to be shared with the casino.
Cons
Casinos or betting sites that accept UPI are few and far between.
Since the government of India regulates it, it lacks anonymity.
Depending on which bank you use, there may be a small fee associated with the transaction.
How to Deposit in a UPI Online Casino?
When using UPI for the first time, remember that all Indian bank that accepts UPI can be used to deposit. Throughout this section, we will go over the entire process of depositing funds at an online casino India .
It is mandatory to create a UPI account before making a deposit at an online casino India UPI. Below are instructions on how to do so.
1. Download the Google Pay App
You must first download and install the Google Pay app to create an account. Apps can be downloaded from the App Store or Google Play Store depending on your smartphone.
2. Link the Bank Account
On your device, Google Pay will sign in with the Google account you have signed in with. You will then need to enter your mobile number linked to your bank account and select your bank from the list.
The bank account associated with your number will be retrieved by Google Pay. Your entire bank account number does not have to be entered.
3. Create a UPI PIN
You will automatically receive a UPI ID from Google Play once you choose your bank account. Create a 6-digit PIN by entering the details of your debit card. To complete transactions in UPI casinos, make sure not to forget this PIN.
Once you have completed the steps above, you can start making UPI casinos payments. Here are the steps you must follow in order to make a deposit using the UPI payment method.
4. Choose an Online Casino India UPI
Your first step is to find casino sites having UPI payment options. You can play at the best UPI casinos online. All you need to do is register for an account.
When creating an account, you must provide some details. In addition to the email ID, full name, date of birth, and phone number, they also include other details.
5. Make Your Deposit
Currently, we are in the most critical phase of the process. Click on the option 'Banking' or 'Cashier', and then click on 'Deposit' to make a deposit into your casino account.
If you would like to deposit a certain amount, enter it here. When depositing money into the casino, make sure to verify the minimum and maximum amount.
The payment method should be UPI. Your UPI ID must be entered and confirmed on this page.
With a payment request, your mobile phone will send you a notification. Complete the transaction by accepting the notification. Your casino account will reflect the money in no time after you make the payment.
Like AstroPay casinos, UPI casinos provide you with the chance to play your favorite games instantly. Additionally, GPay casinos allow you to make UPI payments.
Security
The best UPI casinos are safe for making transactions. Although there are many shady gambling websites, choosing a genuine UPI online casino is the best option. Your deposit amount is automatically controlled when you use UPI. You don't have to reveal your banking information to the casino when you use UPI to make a payment at the UPI casinos.
In other words, UPI can be the best method for paying in an online casino. In fact, it is better than using a eWallet. So, it is better to choose UPI casinos over a PhonePe casino.
Fees
For transactions conducted on UPI casinos via the NPCI payment method, the NCPI will charge *0.50 per transaction. Depending on the casino, UPI transactions might come with a fee. Prior to transferring money into the best online casinos that accept UPI in India, pay attention to all the details.
UPI Bonuses
If you make a UPI deposit, you will normally be able to claim all the bonuses in the best online casinos in India. Casinos may offer special bonuses to customers who make UPI payments if they are lucky.
How to Withdraw from an Online Casino with UPI?
Withdrawing from the casino sites with UPI is simpler than you know. The UPI casinos allow you to withdraw your winnings if you're lucky enough. To withdraw, you'll need to complete some simple steps. Take a look at what you need to do.
1. Log into Your Casino Account
Log in to your casino account. Your username and password are required to do this.
2. Choose UPI as the Withdrawal Method
To begin the withdrawal process, you must select the 'Withdraw' option in the banking section. Once this is done, you must select UPI from the available options.
3. Withdraw the Money
Please enter your desired withdrawal amount and click on 'Confirm'. To proceed, you must enter your VPA or virtual payment address corresponding to your UPI ID.
A few minutes from now, you will receive an email confirming that the payment has been received. There are a few things you need to consider before you make a withdrawal from the UPI casinos:
Depending on the UPI casinos, you might be able to withdraw up to a certain amount.
If you've used the same payment method to make a payment, you can withdraw using UPI only.
You may need to verify your identity before you can withdraw your winnings. It is possible to verify your details by providing a government-issued ID. Fraud can be prevented in this way.
There may be a delay in the casino processing the withdrawal request. With the exception of very rare occasions, often it takes 24 hours. Sometimes, however, it can take up to three days.
Are there any limits on the amount you can withdraw from an online casino with UPI?
Money can only be withdrawn in limited amounts from an online casino with UPI. In most cases, you will be able to set the limits by choosing the online casino UPI you wish to play. Your UPI limit is ₹1,000,000, so you shouldn't send more than that. In essence, that's the maximum amount you should send. AstroPay Casinos accept much lower amounts.
Do UPI transactions qualify for bonuses?
Although it depends mainly on the online casino with UPI, most of them allow you to claim the bonus even if you deposit with UPI.
What are the options for withdrawing winnings using UPI?
Casino sites that offer UPI payment options offer withdrawals as well, unlike AstroPay casinos. You can, however, choose other payment methods, such as instant online bank transfer, if the casino doesn't accept them.
Is an online casino with UPI safer than other online casinos in India?
While you can safely and securely play at the best online casinos in India using UPI, like AstroPay Casinos, because you don't have to divulge your financial details.
Can I deposit as low as ₹10 in an online casino India UPI?
At the moment, the amount of the deposit does not have a limit. There is no limit on the amount you can deposit. Online casino India UPI might impose a maximum deposit amount, but it is not known for sure. Be sure to read all terms and conditions before going ahead with a deposit.
