Online casino players need a payment system to top up their accounts. Otherwise, they will not be able to play games for real money. Nowadays, gambling sites in India accept various banking options that allow you to transfer money to your gambling account and withdraw payouts. There are plenty of banking options that you can use to deal with online casino sites. Pay by Phone is one of the fastest ways to top up a casino account balance. If you want to learn more about this payment method, we will provide you with some interesting details about it.
Pay by Phone Basics
This solution allows you to top up your online casino account by simply transferring funds from your mobile phone balance. It sounds simple, as you don’t need to download or install anything. Moreover, players who use their mobile devices to top up casino accounts are able to deposit funds in a matter of seconds. After crediting your casino account, you will see money being deducted from your phone balance.
Depositing via Pay by Phone
If you want to use this banking option on an online gambling site that accepts Pay by Phone, you need to complete the following steps:
- Choose a Pay by Phone casino where you are going to play.
- Create an account by completing a special form. Some gambling sites allow you to create an account via Facebook, Google+ and other social media.
- Log in to your casino account and go to the cashier or deposit section.
- Choose Pay by Phone payment method.
- Indicate the amount you want to deposit. Make sure that the sum you are going to transfer is above the minimum deposit required by the casino. Also, you should keep in mind that to be eligible for the welcome bonus, you should invest a particular amount.
- Confirm that transaction. Starting from this moment, the money will be credited to your casino account and you will be able to play your favorite games.
How to Withdraw Winnings Using Pay by Phone
Even if this banking option can be considered a good option for depositing funds, you can’t use it for withdrawals. Therefore, you will have to choose other banking options to cash out your winnings.
Advantages and disadvantages of Pay by Phone
When using Pay by Phone to top up your online casino account, you will benefit from the following advantages:
- Casino deposits with this banking option are lightning fast. You don’t need to wait too long to see the money on your account balance.
- This is one of the easiest ways to credit your casino account with money. The only thing you need to provide is your phone number, from which the amount will be deducted.
- You don’t need to provide the gambling site with your personal payment information. In particular, your bank account data as well as your credit card number will not be used to complete transactions.
- Pay by Phone is a safe and secure payment method.
- Pay by Phone services are provided in many countries.
Even with this list of advantages, Pay by Phone has some downfalls that should be mentioned:
- First and foremost, Pay by Phone is not available in online casinos that accept Indian players.
- This mobile phone payment method can’t be used for withdrawals.
- If you make an accidental payment using this banking option, you will not be refunded by your mobile operator nor by the mobile casino.
Alternative Payment Methods
We have already mentioned that Pay by Phone is not available for withdrawals. Moreover, this banking option is not accepted by Indian online casinos. Therefore, you will have to choose other payment systems to deal with online gambling sites if you are playing from this region. We should say that there are plenty of alternatives like PayTM, PhonePe, UPI, and others that you can use in order to top up your casino account. Below you can find some details about the most popular banking options in India.
NetBanking
This payment method is suitable for both deposits and withdrawals. NetBanking is connected to your bank account, and you can transfer funds to your casino account in a matter of seconds. This makes such payment solutions one of the most popular in India.
If you are using NetBanking, you should be aware of the fact that withdrawal transactions will take more time. You will have to wait for up to seven business days to see your winnings in your bank account. When using NetBanking, you can have access to all the deposit bonuses that are available in online casinos. Moreover, if a gambling site gives free spins to its clients, you can also rely on them when depositing using NetBanking.
One of the greatest advantages of this banking option is that it provides a bank-grade security level. All the banks use various security tools to protect both transactions and your personal information. However, one of the major drawbacks of using NetBanking is that you are going to expose your bank account details to a gambling site. Therefore, you have to be extremely careful when choosing a particular online casino.
UPI
With the appearance of the Unified Payment Interface, Indian gamblers received one more tool to conduct transactions. One of the biggest strengths of this payment method is that it links a number of various payment solutions into one app. In particular, UPI allows you to use PayTM, PhonePe, and other popular banking options.
Deposit transactions by UPI are instant. You don’t need to pay any fees for them. As for withdrawals, you can use UPI in some online casinos to cash out your winnings. However, not all the gambling sites in India accept it as a withdrawal method. You will have to check if you can cash out payouts using UPI in each particular case.
UPI is safe enough as it is not a payment method itself, but a kind of a gateway that links various banking solutions. Therefore, if you use PhonePe via UPI, for instance, your transactions and data will be protected by this app and not by UPI.
PayTM
This payment method hosts its own gaming platform and provides clients from India with several gaming solutions. However, you can equally use PayTM to top up your gambling account in any other online casino that accepts Indian players and works with this banking solution.
PayTM works in both directions, meaning you can deposit funds and even withdraw your winnings, without switching to another payment solution. This is one of the biggest strengths of this payment method. Moreover, you can use PayTM outside of online casinos as many merchants in India accept it. Returning to the issue of online casinos, this payment solution offers fast transactions. In particular, unlike NetBanking, you don’t need to wait for seven business days to take your money back from a gambling site. PayTM withdrawal transactions are much faster. Anyway, even with these huge advantages, PayTM is not as popular as NetBanking.
IMPS
A wide range of banking methods that are accepted by online casinos in India can be added with IMPS, which stands for Immediate Payment Services. This solution is offered in the form of an application that you can download and install on your mobile device. IMPS offers a high level of security and fast transactions.
IMPS is available in many online casinos in India. This banking option can be used for both deposit and withdrawal transactions. However, even with a lot of advantages that this banking solution offers to its clients, not all Indian online casinos accept it.
Immediate Payment Services charges clients fees, which is a negative, but these commissions are more than affordable. Moreover, IMPS offers a high speed of transactions regardless of what type of financial operation you conduct. All-in-all, if you want to use a fast and reliable banking option, you can consider Immediate Payment Services. However, you should keep in mind that it is available only in Indian online casinos.
RuPay
Going on with Indian banking solutions that you can use to top up your online casino account and withdraw funds, we should mention RuPay. This is a card payment service, which is an analogue of VISA or Mastercard, operating in the Indian market. RuPay is connected to most banks in India and, thus, if you have a bank account in this region, you are likely to have a RuPay card that is linked to it.
Deposit transactions via RuPay are instant. Moreover, you will not be charged any fees for such financial operations. On the other hand, withdrawals that you conduct via this card provider may take up to seven business days, which is comparable to NetBanking. One more thing about withdrawals that should be mentioned is that you can’t cash out using prepaid cards. Only credit and debit cards are suitable for such transactions.
One of the biggest strengths of this particular payment solution is that it is widely accepted throughout the entire world. You are not limited to Indian online casinos when you want to gamble. You can have a positive gaming experience on various international platforms and still use RuPay cards to deal with them.
Google Pay
If you are using a smartphone to deal with any online casino in India, you can download and install Google Pay and connect various payment solutions to it. GPay works as an eWallet, which means that you can conduct fast deposit transactions at no cost at all.
However, GPay is not available for withdrawals, and this is the major drawback of this particular banking option. Therefore, if you use Google Pay to top up your gambling site account, you will have to look for an alternative banking method to cash out your winnings.
By using GPay, you can step outside Indian casinos and look at some gambling sites that provide services for international players. Moreover, Google Pay is not about online casinos only. You can use it in various online stores or to purchase services that are provided via the Internet.
PhonePe
The payment system was designed especially for mobile users who want to have quick access to their money and an opportunity to transfer it in a matter of seconds. With PhonePe, you can instantly top up your online casino account. Such transactions are cost-effective as you don’t need to pay any fees for them.
However, PhonePe is mostly unacceptable as a means to withdraw money from online gambling sites in India. Therefore, you will have to look for other payment solutions to cash out your payouts.
Cryptocurrencies
Blockchain technologies are widely spread nowadays and many Indians have digital wallets with several tokens on their balances. With this in mind, many online casinos that accept players from India accept cryptocurrencies as a payment method, allowing their clients to top up their accounts as well as withdraw winnings from them.
Various digital coins and tokens are a comfortable way to deal with online casinos as they allow you to conduct fast and cost-effective transactions. Moreover, cryptocurrencies give you more anonymity than most other banking options, except vouchers and prepaid cards. By using blockchain-based coins and tokens, you don’t need to provide your bank account or credit/debit card data, which makes it safer for you to gamble.
The most popular cryptocurrencies that you can find in most online casinos are Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether. While most of these coins represent a particular project, Tether is a stablecoin, which is backed by a real US dollar.
How to Find the Best Online Casinos that Accept Pay by Phone
If you are looking for the best online casino that accepts Pay by Phone, below you can find some key criteria that you can use to make the right choice:
- License and regulations. A good online casino should be regulated by international authorities like Curacao, Malta, Gibraltar, Kahnawake, or others.
- List of games. If you are looking for top online casinos, take a look at the range of games that you can enjoy there.
- Payment methods. All the best gambling sites in India offer a lot of banking options so that you can make the optimal choice.
- Customer support. Before registering at any gambling site, check with their support team. They should give fast and informative responses to all your questions about the casino’s activities.
- Last but not least, you should pay attention to the bonuses that a particular website gives to its clients.