Best Casino payment methods for online casinos 2021
Casino payment methods are always trustworthy and reliable so that you can bring on your best game. The world of gambling is nothing short of a roller coaster ride with each win and loss bringing an equal amount of upswing in your adrenaline levels. A game where your hard-earned money is at stake not only requires you to play it with utmost conviction but also to be extra cautious regarding the handling of your funds. Though the rise in technology has made online payments easier than ever, it has also made it easier for anyone to swindle your money into their pocket. A number of payment methods are available online but not all can be trusted. So, we promise to guide you through the whole online payment ordeal and suggest some of the best payment methods in India you can use for safe and secure transactions.
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Top online payment methods for safest casino transactions
Payment methods are numerous when it comes to playing real money casino games. However, we aim to bring to you the most popular payment methods which ensure safe, secure, and smooth transactions.
Paytm is a hugely popular wallet service in India that has been approved by the RBI. It has grown tremendously following the demonetization. It is used by millions due to its instant processing, offline availability, zero cost deposits, and 128-bit SSL encryption. Use paytm for your casino matches and enjoy all your extra perks and bonuses!
This e-wallet service is on the rise as more and more people are loving this easy-to-use method which also keeps your card details secure from the numerous casino sites. It gives you the liberty of both depositing and withdrawing your money at casino sites. Also with its amazing customer service, your problem will be quick to disappear.
There would hardly be any casino online that does not use a visa as one of the payment methods. Being highly secure and with its amazing customer service, VISA has earned its reputation of being a top choice for online transactions. It can be used for both depositings as well as withdrawing. The cashback rewards are just a cherry on top. So, we highly recommend using visas for safe and secure online transactions.
Using Neteller for funding your gambling accounts is an excellent choice for anyone who doesn't want to share their card details with the casinos. Therefore, Neteller is an e-wallet facility that is highly secure and fast when it comes to transaction speed. Used by all the top-notch casinos it's one of our highly recommended payment methods.
MuchBetter is another digital payment platform that is known for its ease of use. It employs several measures to make sure your money is safe and protected.
MasterCard is another renowned payment method known for being a convenient choice for many of the players online. The reason must be its safety policy which ensures your information is kept safe and hence, prevents online fraudulent activities. The transactions are easy to perform, instant, and can even be done using mobile casino apps.
Google pay is a payment method that has been accepted and trusted by android users worldwide. Similar in function to the other digital wallet services, it is a good choice for instant payments which are safely synced with your account. Install it in your iOS or android and get started with your matches!
How to start playing casino games with payment methods
Are you new to the casino world? If yes, then let us guide you through the whole process and get you to your casino gaming destination!
STEP 1: CHOOSE YOUR CASINO
Once you have the right casino in mind, click on the ‘play now’ option. Then you’ll receive a registration form.
STEP 2: FILLING THE FORMS
The form will include the basic details like address, phone number, postal code, etc that you need to fill in order to register. To avoid any future problems, make sure you fill it correctly.
STEP 3: CHOOSE YOUR USERNAME
The final step is choosing your username, password and then answering a security question. Once done with the procedure and having read all the terms and conditions, click on finish.
STEP 4: COMPLETED
Once the above steps are completed you’ll receive a casino account number. Select ‘OK’ and you’ll enter the casino lobby from where you can access any casino game and make your first deposit.
HOW can you VERIFY your ACCOUNT?
Verification is usually needed during your first withdrawal process. Casinos usually ask for an I’d proof due to the anti-fraud laws they are bound by and for ensuring their money doesn’t end up in the wrong hands. The ID can be your birth certificate, driving license, proof of address, etc. If you’ve chosen a credit card as an option then you have to send a photo of it to the casino. And in the case of wallets, a screenshot of your profile would be enough.
Deposit funds at casinos via payment options
Technology has made online transactions a rapidly growing norm. And the IMPS and UPI transfers are on the rise due to their rapid functioning and safety. Here, we’ll tell you how you can use UPI transfer for depositing your favorite online casino using PayTM. The prerequisite of making a deposit using Paytm is:
- Go to the deposit page: Once you are logged in, choose the menu option and click on either ‘deposit’ or ‘my account’ whatever is available.
- Select the amount: Write the amount you want to deposit. Usually, the lower limit is around 1000 INR but some sites may drop down to lower values.
- Choose net banking as your payment method: Once you are on the selection page, go for net banking. You’ll be redirected to your bank’s page.
- Find and copy your UPI ID on Paytm: Open your Paytm app and copy your UPI I’d and then paste it on the mobile bank you were redirected to. There would be a space available saying VPA or UPI I’d.
- Accept the Paytm payment request: Confirm your UPI payment request from your bank. You’ll get confirmation from Paytm that your payment has been made.
- Wait for the casino’s confirmation: Wait for a few seconds and you’ll receive a confirmation from the casino as well and your transaction is completed.
Casino withdrawal through payment methods
Making a withdrawal at any casino is easier than making deposits. There are several payment methods to aid you in this process. We’ll see how you can withdraw using your Paytm account. Things you’ll need before withdrawing are:
The step-by-step procedure is as follows:-
- Visit the cashier page at your favored online casino.
- Choose the withdrawal option.
- Select the required amount
- Select Paytm from the payment methods.
- Follow all the on-screen instructions until the transaction is completed.
- The process of withdrawal may take some time which also depends on the casino you’ve chosen.
Things to consider for choosing casino payment methods
There are few things that every player needs to consider while choosing casino payment methods. So before you select a payment method, make sure to check the following options and get proper knowledge about them.
Is it safe to use casino payment methods in India?
Can I use a debit card at online casinos?
Yes, you can. In fact, using debit cards can come with numerous benefits like transaction protection, and startup bonuses. All you need to do is enter the card details and you can readily access your cash. And hence complete the deposit process within minutes.
Can I track my previous deposits and withdrawals?
Yes. You can check your previous transactions either by checking your bank statements or through your casino account's transaction history, where you'll get to know all the transactions along with the payment methods used.
Can I make a deposit if my account is not fully verified?
The most probable answer is a NO. Most casinos do not let you deposit until your account is fully verified because of certain laws governing them. They are obliged to perform a 'know your customer' check on all their new customers.
Can an online casino refuse payout?
Yes, the casinos can refuse payout in cases where they suspect there's some fraudulent activity or a money laundering incident going on.
Are my casino winnings getting taxed?
Yes, your casino winnings do get taxed. However, the amount/percentage deducted by your casino differs from country to country depending on the country's policy.
Can I deposit using one payment method and withdraw using another?
The answer may vary from casino to casino. Some casinos have no problem with this practice. However, some casinos have banned it. So, it's better to read the terms and conditions before proceeding with any casino.
How quickly can the winnings be cashed out?
When compared to depositing, withdrawal does take more time. However, it doesn't take too long. The time taken to cash out usually is subject to variations depending on the payment option you've chosen.
There are a plethora of payment options when it comes to online betting sites and you need to analyze each and every option to figure out the best for your betting matches. To maximize your winning amount, you need to know about each of these payment options in great detail. In this guide, we have tried to cover every important aspect of the most popular payment methods so that you can save the taxes on the payments and other additional costs. So go through all the payment methods and choose the best for you.