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FAQ | Best Deposit Methods to Use in India | Paytm | Net Banking | Visa Card | MasterCard | AstroPay Card | Cryptocurrency | Skrill | Neteller | EcoPayz | EntroPay
Depositing on an online betting or gambling site can be a bit time-taking and risky if you are not familiar with the various available depositing methods. However, there has never been a time when depositing money in your betting account was easier than today. Betting sites available in India too have multiple deposit choices which make the whole experience a breeze.
In this article, we will discuss all the popular deposit methods available on different betting sites in India.
Below is the list of betting deposit methods that are available in India:
- Skrill
- Neteller
- EcoPayz
- EntroPay
- GoCash
- IMPS
- PaySafeCard
- Perfect Money
- Paytm
- VISA Card
- MasterCard
- AstroPay Card
- Cryptocurrency
- PhonePe
- Online Bank Transfer
Common FAQ’s About Deposit Methods
[ultimate-faqs include_category=’faq-deposit-methods’]
Best Deposit Methods to Use on Betting Sites in India
There are plenty of great deposit methods to use for indian bettors and here we will present a complete list with the most popular ones. We will present the advantages with each method and what bookmakers accept these different methods.
Paytm
Being India’s largest payment gateway with maximum outreach, Paytm has become a household name among almost every Indian who uses digital cash. The platform helps connect merchants and customers from all the industries. Trust is a major factor that contributed to its popularity among Indian customers. Be it the grocery shops, petrol pumps, cabs, or the auto-rickshaws, you will find people using Paytm even for the simplest and minuscule transactions. ’
India’s largest payment gateway
Similarly, online betting sites have also incorporated Paytm in their payment methods. We will discuss how Paytm is beneficial for betting sites and which sites are providing the deposit option through Paytm.
Paytm For Online Betting Sites?
A major concern among online betting sites is the safety of bettor’s bank details that they use while depositing or withdrawing the money. Paytm made sure that this issue was resolved and surely enough, they managed to create an impregnable security system that prevented fraudsters and cybercriminals from hacking into a punter’s account or misusing it for their benefit. Paytm’s policy of not sharing information with any third party was welcomed and replicated in the payment gateways that followed.
Any transaction made by a user through Paytm is allowed only when the OTP sent to their registered mobile number is confirmed. The SSL encrypted technology protects every piece of information from getting stolen or misused.
Any transaction made by a user through Paytm is allowed only when the OTP sent to their registered mobile number is confirmed. The SSL encrypted technology protects every piece of information from getting stolen or misused.
How to Deposit with PaytmOnline Betting Sites offering Paytm Deposit Option
It is difficult for online bettors to go through every website and find their choice of deposit methods. We did the job for you and came up with the most trusted online betting sites that were offering Paytm as a deposit and withdrawal method. These include:
Things to Consider When Using Paytm while Depositing
All of these online betting sites only require you to register yourself and you can then use Paytm to deposit the wagering amount. However, there are a few things that should be noted before you go ahead with depositing the amount:
- There is a general rule followed by every online betting site that requires every bettor to use only one payment method for depositing and withdrawing their money at a time. Therefore, we advise you to use only Paytm when transferring to or from your betting account.
- No fee is charged while depositing money through Paytm on any of the betting sites we have mentioned.
- Maximum of 10 minutes are taken by Paytm to transfer the funds to your betting account which is pretty quick in comparison to other methods.
- The minimum deposit amount might vary from bookmaker to bookmaker which won’t affect your transaction process with Paytm.
- The app works best when used from a mobile device as the features are clearly defined and won’t take much of your time.
- Some betting sites accepting Paytm for money deposit may ask you for your identification documents. A copy of the driving license, passport, or adhaar card would get the job done.
Things to Consider When Using Paytm for Withdrawal
- Below are a few things that need to be considered before you begin withdrawing money from your betting account using Paytm:
- You may come across certain online betting sites with restrictions on withdrawing from your betting account.
- These sites may only permit money withdrawal through the previous money withdrawal method you were using on the same site. Also, certain online betting sites won’t allow money withdrawal more than the deposit amount.
- Some websites offer a minimum withdrawal limit and give 3-5 free withdrawals every month. No fee is charged for these withdrawals.
How to Deposit Money Using Paytm?
Punters can deposit their money in their Paytm Wallet using different deposit methods:
- One can make a deposit using Paytm’s Netbanking or back card (Debit or Credit cards).
- An alternative method of adding money to your account is through a Paytm vendor, give them cash that they will transfer to your Paytm account.
Important Info About Paytm Deposits
- Processing Time: Instant
- Transfer Fee: No fees
- Minimum Deposit: No minimum
- Maximum Deposit: ₹5,000 per deposit
Net Banking/Online Bank Transfer
A large population uses the Internet for banking services. Almost every urban Indian customer has a net banking or online bank transfer facility available to them. This is a beneficial thing as more and more people are eligible to use a betting site.
Making a Deposit
Depositing through net banking is not a difficult thing if you are familiar with the bank’s website. Even if you aren’t, most websites have a user-friendly layout that easily guides them through the process of online money transfer. Moreover, the process isn’t too expensive in terms of the processing fee.
most websites have a user-friendly layout that easily guides them through the process of online money transfer
Generally, the money is instantly credited to the betting account just after you initiate the transfer process.
Important Info About Online Bank Deposits
- Processing Time: Instant
- Transfer Fee: No fees
- Minimum Deposit: No minimum
- Maximum Deposit: No limit
Online Betting Sites Offering Net Banking?
Though net banking is not a popular choice among the betting community due to the multiple steps and safety concerns, many betting sites offer net banking as a deposit option. Online banking is still a relatively rare thing to find, but there is an increasing number of betting sites that accept it. Below you will find some of the best betting sites that accept online bank deposits.
VISA Card Deposits
Considered one of the most convenient and safest ways of depositing money in your betting account, VISA Cards don’t ask for too much effort while carrying out transactions. However, there are chances that your deposit might be declined if you are an Indian customer. Indian banks have policies that restrict users from transferring funds through VISA cards on betting sites.
Therefore, only selective websites might turn out to be beneficial for you. Also, an alternative method is available in case you are not able to make the deposit with the card. You can use your VISA card to transfer to funds in your PayPal, Skrill, Paytm, Neteller, or any of the third-party e-wallet accounts and use any of them to transfer the amount in your betting account.
Therefore, only selective websites might turn out to be beneficial for you. Also, an alternative method is available in case you are not able to make the deposit with the card. You can use your VISA card to transfer to funds in your PayPal, Skrill, Paytm, Neteller, or any of the third-party e-wallet accounts and use any of them to transfer the amount in your betting account.
Important Info About VISA Card Deposit
- Processing Time: Instant
- Transfer Fee: No fees
- Minimum deposit: No minimum
- Maximum deposit: Up to 35 lakh rupees
Online Betting Sites Offering VISA card Deposit Method?
Most Indian betting sites offer VISA card deposit option. However, you should make sure that the card is not rejected or the transaction is not declined by the bank. The following Indian betting sites offer VISA card deposit:
MasterCard Deposits
Similar to a VISA card, the MasterCard is available in both credit and debit variants. Although it is not important whether the card is debit or credit, you must make sure that you enter the right details so it is linked to your betting account. The depositing fee is comparatively lower than other deposit methods.
The depositing fee is comparatively lower than other deposit methods
Important Info About MasterCard Deposit
- Processing Time: Instant
- Transfer Fee: No fees
- Minimum Deposit: No minimum
- Maximum Deposit: Up to ₹35,00,000
Where can I Deposit with a MasterCard?
Just like VISA, MasterCard is also accepted by a large number of online bettings sites. We have listed the following websites as ideal platforms for bettors who use MasterCard:
How to Deposit without a Bank Account
A wide range of deposit options for betting sites is available that require no bank account to transfer the money. We will discuss all these methods to give you a brief idea of what is available.
Read More About MasterCardAstropay Card Deposits
AstroPay is an is a pre-paid card specifically designed for making such kind of deposits. It can be purchased online and is easily available to all Indians. Lots of online betting sites allow transactions through an AstroPay Card.
You can pay for the card using any of the convenient online payment methods including Google Pay, JioMoney, Freecharge, Airtel, or PhonePe. As soon as you complete the purchase, your card would be available for use on a betting site.
The deposit method is simple and straightforward which makes it more understandable even for those who haven’t heard of it before.
Read More About AstroPay CardImportant Info About Astropay Deposits
- Processing Time: Instant
- Transfer Fee: No fees
- Minimum Deposit: No minimum
- Maximum Deposit: Up to ₹70,000
Online Betting Sites Accepting AstroPay?
Over the years, AstroPay has gained trust and popularity among bettors and is currently available for deposits on multiple betting sites. Here, we have listed some of the most popular betting websites offering AstroPay Card for deposits:
Deposit with Cryptocurrency
Despite being a new invention, Cryptocurrency has managed to become a reliable deposit method that is trusted by millions across the globe. The global acceptance has been of such scale that almost every betting website and other platforms have incorporated cryptocurrency as a deposit method on their websites.
almost every betting website and other platforms have incorporated cryptocurrency as a deposit method
Most betting sites that accept cryptocurrencies allow players to deposit their amount in some of the most commonly available cryptos including Ethereum, Ripple, Litecoin, and Bitcoin.
Purchasing cryptocurrency is an easy thing and can be done in multiple ways. It can be purchased online using mobile money or a bank card. Also, a physical purchase can be done with someone who is selling crypto in exchange for cash.
Read More About CryptocurrencyImportant Info About Cryptocurrency Deposits
- Processing Time: Instant
- Transfer Fee: No fees
- Minimum Deposit: No minimum
- Maximum Deposit: No limit
Online Betting Sites Offering Cryptocurrency Deposit Option?
As trust and popularity are increasing among the users, more and more online betting sites are considering cryptocurrency as a deposit method for their platform. Here is a list of some of the betting sites that allow crypto deposits:
Skrill Deposits
Skrill is among the most popular and trusted e-wallets that not only ensures fast and easy money transfer facility but makes sure that your bank details are safe and secure. Been around for many years now, Skrill gives online bettors the confidence to transfer large amounts without worrying about information theft or any other sort of cyber loopholes that might cause you to lose your money or personal information.
Skrill is among the most popular and trusted e-wallets that not only ensures fast and easy money transfer facility but makes sure that your bank details are safe and secure. Been around for many years now, Skrill gives online bettors the confidence to transfer large amounts without worrying about information theft or any other sort of cyber loopholes that might cause you to lose your money or personal information.
Skrill gives online bettors the confidence to transfer large amounts without worrying about information theft
Despite the high transfer fee, Skrill is still preferred by a large section of the betting community. It is most recommended to bettors simply for the flexibility in amount transfers and the assurance of data being safe with them.
Read More About SkrillImportant Info About Skrill
- Processing Time: Instant
- Transfer Fee: 1.35%
- Minimum Deposit: No Minimum
- Maximum Deposit: Approx. ₹25,00,000
Where Can I Deposit with Skrill?
Nearly every betting site in India provides Skrill as a deposit method on their platform which makes it a universally accepted e-wallet. Here is a list of some of the most popular online betting sites that accept deposits through Skrill:
Deposit with Neteller
Neteller equals the popularity and brand value of Skrill and other major e-wallets including PayPal and Paytm. Neteller and Skrill are owned by the same company and hence the similarity in data safety standards and transfer fee. To deposit the money in your betting account, you need to first transfer the funds on your Neteller wallet which then, can be used to fund your betting account.
Just like other e-wallets, Neteller is a great payment method for experienced bettors who have multiple accounts on different betting sites. All the accounts are centralized on Neteller which makes it easy to manage the funds with greater efficiency and safety.
Neteller is a great payment method for experienced bettors who have multiple accounts on different betting sites
Indian bettors can deposit money to their Neteller wallet using UPI payment and VISA cards. They charge a deposit fee just like Skriller which restricts its userbase mostly to the professional bettors who deposit large amounts to their betting accounts.
The fee is charged both for deposits and withdrawals.
Read More About NetellerImportant Info About Neteller
- Processing Time: Instant
- Transfer Fee: 1.35%
- Minimum Deposit: No minimum
- Maximum Deposit: Approx. ₹25,00,000
Betting Sites that Accept Neteller Deposits
Many sites have incorporated Skrill and Neteller on their platform so the users have a safe and secure deposit and withdrawal method available to them. Some of the popular websites the accept Neteller deposits include:
EcoPayz Deposit Method
EcoPayz is a global e-wallet that specializes in instant money transfer on online betting sites in the safest manner possible. The platform was established in 2000 and is currently spread across 159 countries around the world. This is one of the oldest e-wallets that was introduced way before the popular Skrill and Neteller payment methods were launched. EcoPayz provides multiple methods to fund the account including Western Union, bank transfer, MoneyGram, Echeck, Bank Wire, VISA & MasterCard.
Read More About EcoPayzThis is one of the oldest e-wallets
Important Information About EcoPayz
- Processing Time: Instant
- Transfer Fee: 0.00-10.00% on Bank Wire, 1.69-6.00% on Credit Card, 0.00-2.90% on ecoVoucher, $6.63-$11.24 (Silver & Platinum customers) & $6.63-$7.87 (VIP customers) on Bank Transfer.
- Minimum Deposit: $20
- Maximum Deposit: $10,000 Per 7 days
Online Betting Sites that Accept EcoPayz
Below are some of the most popular and trusted online betting sites that accept EcoPayz as a deposit method:
EntroPay
EntroPay is a prepaid VISA payment method that is accepted all across the online betting industry. Since it is a prepaid account and not a line of credit, players will be much more careful with their money. The platform provides added security to users and performs perfectly as a money management tool.
While EntroPay functions pretty similarly to PayPal & Skrill, the platform offers a unique advantage. Their Virtual VISA card option allows users to spend the funds stored in the EntroPay account on online shopping on any Internet merchant that accepts VISA cards.
EntroPay is a prepaid VISA payment method that is accepted all across the online betting industry
To use EntroPay, you need to create an account on the main website by filling up the registration form. The form requires you to create a user name, security question, basic personal details, account currency, and a secure password. After creating an account you can visit any online betting website that accepts EntroPay and link your EntroPay account to deposit money in your betting account.
Read More About EntroPayImportant Information About EntroPay
- Processing Time: Instant
- Transfer Fee: 4.95% for funding your account and 1.95% for sending money to the bank
- Minimum Deposit: No Minimum
- Maximum Deposit: €250,00
Online Betting Sites That Accept EntroPay
Below is a list of all the online betting sites that accept EntroPay as a deposit method:
Min Deposit: $10