Top eWallets in India
Indian players also love using Neteller, another top-tier eWallet with a worldwide presence. The main drawback of this eWallet is that it charges a withdrawal and deposit fee, just like Skrill.
On the plus side, Neteller allows payments made using UPI and VISA. You can use Neteller on practically all betting sites in India to top off your betting account or withdraw winnings.
Paytm, the first and oldest digital wallet in India helped to popularize the idea of e-wallets here. This way of betting payment is incredibly quick, simple, and smooth. This payment service is free, and you can fund your Paytm account using a number of different methods.
For some players, the ability to fund Paytm with cash is a convenient option. All you have to do is locate your seller and pay them the money you intend to use. It’s also possible to deposit money into Paytm using NetBanking.
Another popular wallet and UPI-based app in India is PhonePe. PhonePe functions as both a UPI app and a wallet, quite similar to Paytm. Therefore, choosing PhonePe as your payment option will make your online betting activity quite easy.
The wallet may be topped up using various methods, including debit and credit cards, NetBanking, and UPI, and it is available in ten different languages. What’s best, there are no processing fees, and you can finish your payments with only one click.
The top bookmakers allow bettors to use the UK-based ecoPayz eWallet to deposit funds into their betting accounts and withdraw their winnings. You can safely send and receive money through ecoPayz from around the globe.
Transactions made using ecoPayz are handled fast, and their customer service is as quick. The only downside to this payment service is that there are high fees for international transfers. Some players have also noticed that there are some limitations for transactions.
One of the quickest betting payment options in India is the AstroPay card. This digital prepaid card is available on the company’s official website. You can fund your account using Google Pay, Freecharge, JioMoney, Airtel, or PhonePe.
Bettors love it because you don’t have to provide any personal or financial information. Your personal information is completely protected at betting site cashiers because no private information is stored on an AstroPay card.
Paysafe offers vouchers that can be redeemed at online bookmakers. These anonymous vouchers are even available to buy at nearby shops. You can make quick deposits online by using a special 16-digit PIN. Paysafe is ideal if the ultimate privacy is your goal.
However, there are two huge downsides to this method. The first is that you can’t withdraw your winnings to the Paysafe card, which is very inconvenient. And the second is that you can’t return the voucher if you haven’t used it.
Google Pay is an incredibly popular UPI payment service in India, which makes it very practical for Indians to pay their bills instantly and keep track of their transactions. The fact that so many betting sites accept Google Pay is its best feature.
All UPI betting sites accept payments via Google Pay because it is a UPI-based app. But, of course, there are other benefits of using Google Pay, and top-notch security is one of them. Others include no transaction fees and an incredibly quick setup.
Frequently Asked Questions
⚖ Is it legal to deposit money on a betting site in India?
There is no law that prevents adults from placing money on a betting site, and making bets with reputable bookmakers in India is as safe as it gets. Since all betting sites are located outside of India, there has never been a single instance when a player encountered legal issues due to playing online in India.
🛡 Is it safe to deposit money on Indian betting sites?
Depositing money on Indian betting sites is entirely secure. The safest way to place bets and play casino games in India is to use reputable, well-known deposit and withdrawal methods.
💸 Do betting sites charge a fee for deposits and withdrawals?
Betting sites that we have tested and reviewed do not charge any addidional fees for deposits and withdrawals. Your bank, eWallet, or cryptowallet might charge you some fees for depositing money into your betting account or withdrawing your winnings, but that is not determined by the sportsbooks on LegalBet India. However, we can’t claim that absolutely all sportsbooks don’t charge additional fees.
💵 What is the most secure payment method in India?
UPI and IMPS are the safest and most practical payment options for online betting in India. They have inexpensive fees and quick money transactions. Using cryptocurrencies can help you in keeping your anonymity when transacting money.
💱 Can I choose different payment methods for deposits and withdrawals?
This is possible at almost all sportsbooks, but it depends on their terms and conditions. Make sure to check them before depositing money into your betting account.
💳 Can you bet with a debit card?
Debit cards are among the easiest payment methods for online bettors because they enable quicker transactions than other payment methods. Most bookmakers process them in one to three days.
📱 Do betting apps offer the same payment options as betting sites?
Yes, betting apps offer the same payment options as the desktop version of the sportsbooks.