Top 10 Banking Methods for Indian Players to Deposit and Withdraw

It’s not only the number of online casinos that is growing rapidly on a daily basis, it’s the selection of payment methods as well. As the iGaming industry is developing continuously, payment providers adjust their services, making sure consumers are given as much freedom and flexibility as possible.

Having in mind that India is one of the largest and fastest-growing iGaming regions, it doesn’t come as a surprise that a large number of casinos accept players from this part of the globe. Paying attention to the cashiers of those operators, consumers shall spot UPI, Phone Pe, and Skrill, as well as credit and debit cards as some of the most frequently chosen options to fund the account and cash out.

For that reason, our team explored a bit and collected not only the list of methods Indian players prefer, but a couple of highly rated India-friendly online casinos where these options are offered. Stay tuned to find out more!

Which Payment Options Are the Most Popular in India?

#1 UPI

Short for Unified Payment Interface, UPI is considered one of the safest and quickest ways to make payments. One of the biggest benefits of this method is that a consumer can access multiple bank accounts and many e-wallets through it.

#2 PayTM

This popular digital payment platform started out as a phone bill payment method, but gradually gained a reputation as one of the most frequently used options in Indian casinos. Worth noting is that PayTM is available in multiple Indian languages, ensuring a tailored consumer experience. 

#3 PhonePe

Known as a firm favorite for mobile payments in this South Asian country, PhonePe has facilitated more than 1 billion transactions since 2021. This banking option is powered by UPI.

#4 Skrill

Established in 2001, this digital wallet provider is available in more than 130 countries, supporting 40+ currencies. In addition to handling payments in fiat currencies, Skrill can also be used for trading crypto, making it a top choice among fans of cryptocurrency payments.

#5 Neteller

Owned and operated by the Paysafe Group, Neteller has been part of the payments sector since 1999, whereas its debut in the online casino industry came a year later, in 2000. This payment option is available in more than 100 countries and a large selection of currencies.

#6 Astropay

Describing itself as a provider of exclusive, secure, and convenient financial solutions, Astropay operates in over 150 countries and supports more than 50 currencies, including the Indian rupee. This payment provider has its very own Rewards Scheme with promotions, dedicated support, unique experiences, and other perks.

#7 Jeton

Available in more than 60 countries and 40+ currencies, Jeton has over a million registered users all over the world and more than 1,000 business partners. An important thing to mention is that this wallet is ISO 27001 Certified.

#8 Debit/Credit cards

Did you know that VISA has more than 29 million users in India alone? In the financial year 2022, nearly 73 million credit cards were issued in this country, of which MasterCard and VISA are the most popular choices.

#9 Cryptocurrencies

Although cryptocurrencies haven’t yet been granted the status of legal tender in India, trading is permitted. Bitcoin, Ethereum, Tether, Binance Coin, and Ripple are the most popular cryptocurrencies in online casinos that accept Indian players.

#10 Bank transfer/ Internet banking

Internet banking or net banking for short, allows users to move funds within their own internal bank accounts from one bank to another, from one bank account to another, or from their own account in one bank to another account in another bank. What’s even more, consumers can make transactions from their own bank account to someone else’s bank account.

Which Online Casinos Offer Top Banking Methods for Players from India?

With so many casinos accepting players from this region, making a decision about where to play can be tricky, which is why we selected a couple of brands that stand out above the competition. Philippines-licensed MoreSpin Casino has a massive selection of games by top-notch providers, whereas Tsars Casino has quite a valuable selection of promotional campaigns.

Furthermore, Cricbaba Casino features content from over 40 providers and has localized support, while Casoo Casino offers a noteworthy welcome deal filled with bonus cash and a solid set of casino spins. Casino Extreme has a 5-tier Loyalty Program with numerous benefits such as instant cashback, monthly cashback, personal account manager, and so on.

Always get acquainted with the Terms & Conditions- gamble responsibly!