Payment Options for Online Casinos in India

The online casino world is both fun and risky. It is fun because there are many gaming options available that you can participate in to multiply your winnings and have a fantastic gaming experience. At the same time, it is risky because not many casinos support responsible gaming. So, what makes a casino responsible?


Apart from certifications and licensing, the payment options that a casino entertains make it responsible. Many things constitute a part of the decision over what payment methods are best to be used for online casinos. The list of payment methods offered by any online casino and betting site operators may vary by surprising amounts all over the internet. If you want to use a particular payment method to play online casino games or bet on sports, you need to ensure it is available to be used on your chosen side.

The list of payment options in terms of online casinos in India is endless, and this article sheds some light on the same.

How Do the Payment Methods Work?

Many international casinos may operate in India as long as they follow the central-level and state-level laws in the country. While there are no laws directly prohibiting online gambling on a national level, there are some laws related to financial transactions that international casinos are supposed to follow. One of these laws is called the FEMA Act, 1999.


FEMA Act, 1999 or Foreign Exchange Management Act, 1999 is a central-level legislature prescribing rules and regulations for international transactions, including a foreign exchange in the country. To keep things within the context, the said act makes it mandatory for any international online casino operating in India to allow payments only in the local currency, INR. It is where payment methods have become essential for online casinos. An ideal payment system must ensure that the ultimate transfer of funds should be in the local currency. It should also have the ability to process international payments.

UPI Became the Game-Changer

Earlier, the best payment option for online casinos was limited to e-wallets such as Neteller and Skrill. These services allowed the players to carry out international transactions while still transferring funds in the Indian currency. However, they had their own limitations and were considered sketchy by some.

Over the last few years, there has been a drastic improvement in the front of payments, thanks to the introduction of arrangements such as cryptocurrency and UPI. Today, UPI is considered the most convenient payment option for online casinos.

What is the Process of Depositing at Indian Online Casinos?

The process of depositing at any online casino follows a basic protocol. You will have to sign up with the casino website and click on the Deposit option to initiate the payment. There are many formalities to be taken care of while making the deposits.


For example, when you sign up with the casino, it will ask you for your details, such as your name, address, contact number, and email id. To ensure that the transactions are authentic, the casino also asks for your identity verification. Under this process, you will have to submit a copy of your identity proof, such as your Aadhar card, passport, or even electricity bill or other documents. Your identity is then verified using these documents. This process ensures that the payments aren’t transferred to an unauthoritative player.


You can also deposit using several methods. For a bank, you need to give your bank details such as the account number, IFSC code, name of the branch, name of the account holder, etc. If you are depositing using credit cards, you may have to add relevant details and approve the payment.

What are the Different Payment Methods for Online Casinos in India?

Here is an insight into different payment options that you may use.

Unified Payments Interface (UPI)

UPI is considered the most convenient payment method at present. It is a real-time payment system developed by the National Payments Corporation of India and regulated by the Reserve Bank of India. UPI is functions and supported by the regulatory bodies, making it a safe payment option to use. The best thing about this alternative is that the transaction costs are low, especially compared to e-wallets.


International casinos have recently begun to accept this mode of payment. Consequently, the customers can directly transfer funds to their Indian Bank Accounts through the instant payment system. The whole procedure takes around 15-20 minutes to complete. You can use different UPI options like PhonePe, Google Pay, and Paytm.


While many people consider UPI the best payment method for online casinos, the charm of e-wallets remains intact. UPI requires you to have a bank account that supports the method, and it should be linked to your mobile number. However, UPI only allows you to pay directly from the bank account, not via credit/debit card.


An E-wallet makes this possible and convenient. The e-wallets such as Paypal ensure that your direct transactions are not flagged by your bank. Other e-wallet options that you may consider using include Skrill and Neteller.


Everyone is going gaga over the use of cryptocurrency, thus investing their money buying them. The good news is that you can use cryptocurrency like Bitcoin in depositing money at online casinos. It has become a popular alternative payment option used by many online casinos. Although cryptocurrency has many types, the most commonly accepted by Indian casinos is bitcoin.

Card Payment

Debit and credit cards are other popular payment options if you want to pay an online casino and begin your gaming spree. They are accepted by almost every major international casino operating within the country. VISA and MasterCard are supported universally. Nowadays, many casinos also consider RuPay as a payment option.

Bank Transfer

Last but not least, a bank transfer is another convenient alternative when it comes to paying money to an online casino. Direct bank transfers are easy to perform. The systems like NEFT and RTGS are age-old methods used to deposit your amount in an online casino. Nowadays, you can also look forward to transferring your funds via NetBanking. The process is more convenient and saves you a lot of time. The only drawback of bank transactions is that the process is slow compared to other options.