Tips for Picking the Best Payment Method to Play in INR
Online casinos that accept Indian Rupees are still not in the majority but there are more and more casinos that are making INR available for their clients. A great casino experience depends heavily on the games, the software that powers them and the quality of the available payment methods. Low waiting times, no transaction fees and total security are important considerations when depositing into your casino account.
If you’re looking to play online games and have a great casino experience, make sure to deposit with a trustworthy and convenient online payment method that suits your gambling style and budget.
Payment Methods Indian Casinos
Which is the best payment method to play with INR? For Indian gamers, there are a few payment providers that will process your INR so that you can play slots and table games online. Visa, Mastercard and e-Wallets are popular with Indian casino players and cryptocurrency is fast catching on in popularity. Many Indian players now transact with Bitcoin as it offers complete security, anonymity and lightning-fast deposits and withdrawals. Keep reading and find out more about the most commonly used payment providers for Indian players.
Debit or Credit Cards
Debit and credit cards have replaced our visits to a bank with the convenience of bringing the bank with us wherever we go. Visa, Visa Electron, Maestro and Mastercard are the most popular ways that players across the world use to fund their casino accounts. Debit and credit cards are available at nearly all casinos for Indian players. They allow for instant deposits without additional charges or commissions, and more importantly, all casino bonuses can be funded with Visa, Maestro and Mastercard.
When it comes to withdrawals, after the casino has processed your withdrawal request, your funds will be back in your account in 3 working days. The most commonly used cards at Indian Casinos are MasterCard, American Express and Visa.
e-Wallets
Also ranking among the preferred and most commonly used payment providers are eWallets. Holders of an eWallet account like PayPal or Skrill can enable all kinds of bill payments including depositing and withdrawing at an online casino. As eWallets are private and offer a secure and anonymous transaction process, eWallets for players at Indian Casinos have gained a lot of popularity over the last few years. With an additional layer of protection that makes cybercrimes impossible, eWallets have become a common mode of payment in India today.
- PayPal is an eWallet that needs no introduction as it’s used by millions of people across the globe. There are many PayPal Casinos available for Indian players.
- Also an eWallet, Neteller Casinos allow for quick and easy transactions for its users and the chance to deposit money in a range of currencies, including INR.
- Skrill is yet another popular eWallet used by players at Indian Casinos. Skrill Casinos offer a very secure and fast way to make your deposits and withdrawals, and adopts the highest possible standards for security. Skrill is linked to the Payment Card Industry Data Security Standard as it processes well over 6 million transactions annually.
- PayTM is an eWallet that has enjoyed enormous success in India. With 100 million active users, PayTM is one of the most popular casino payment providers on the Indian subcontinent. PayTM was sued by PayPal a few years ago, and when PayPal sues you, you know that you’re becoming successful! In 2016 PayPal claimed that PayTM was using a colour very similar to the PayPal logo and while the court case still hasn’t been settled, the very fact that it happened attests to how popular PayTM has become.
Bank Transfer
Bank Transfer is also a commonly used way for casino players to fund their accounts. By using Bank Transfer, the player’s funds can be directly transferred from their bank account to their casino account. Bank Transfers take many days for your funds to reach your account, sometimes up to 7 working days.
Cryptocurrency
Cryptocurrency has the potential to become the most popular way to fund casino accounts, and at Indian Casinos, the trend to play with cryptocurrency is increasing. Bitcoin and Ethereum are the usual crypto options available at online casinos as they offer speedy payments, increased security, fast payouts and little or no fees. Find your perfect Crypto Casino by looking at the list on our Bitcoin Casinos.
Safety and Security
When it comes to choosing casinos and assessing the available payment methods, safety and security is one of the primary concerns by online gamers. All leading casinos are fully encrypted with industry-standard 128-bit SSL encryption and playing at a casino that holds a license issued by the Payment Card Industry Data Security Standard, it means your card transactions are secure every step of the way. More importantly, the casino’s customer support team should be available 24/7 as you never know when issues will crop up.
Payment Providers for Withdrawals
As a matter of practice, most casinos will process your withdrawal request with the same payment method used to transfer the deposit. This means that if you made your deposit by using Neteller, then your withdrawal request will be facilitated with Neteller. Most Indian Casinos have many payment methods available for deposits and withdrawals, and this means that you will easily find the payment method most suited to your lifestyle. Indian casinos will usually list all their payment methods with specific processing times, fees, and limits, and this will make it easier for you to choose the right payment provider.
Using your debit and credit card such as Mastercard and Visa at an Indian Casino is great for depositing, but at some casinos, you can’t withdraw with your debit or credit cards. For withdrawing money, e-Wallets always offer a safe alternative. However, when using one payment provider for your deposits and another for your withdrawals, you will need to get in touch with the customer service team. When withdrawing money to a different payment method than your deposit, you will need to verify both payment methods at the casino. This verification process might involve sending copies of your banking information and identity document. Casinos are obligated by law to complete a KYC (Know Your Customer) which can take some time to complete.
When making your deposit, you will be required to meet certain criteria. The first is a minimum deposit at the casino, which is the lowest amount you can deposit at the casino and the second, is the allowable country or territory. You won’t be able to use all the payment providers at the online casino as some are country-specific.
When withdrawing, you must consider the minimum and maximum amounts allowed, pending time, and the processing time. The pending time is how long a casino will take to process your withdrawal request, while the processing times will vary depending on the casino payment methods. For example, when paying with an e-Wallet, after the casino has processed your withdrawal, e-Wallets will let you have your money in between 24 to 48 hours.