Betting Payment Methods

We’ll discuss some of the most common selections for online payments and how you can ensure versatility, quickness, and trustworthiness with every selection. Learn more on this page about betting payment methods for Indian players.

Payment Methods for Betting in India

Payment Method	Description
PayZapp	HDFC Bank's digital wallet offering quick transactions with enhanced security features. Popular for mobile payments and integrated rewards program.
Amazon Pay	Digital wallet from Amazon allowing secure transactions with saved payment information. Offers cashbacks and exclusive deals for users.
WhatsApp Pay	UPI-based payment service integrated within WhatsApp. Enables quick person-to-person transfers and merchant payments directly in chats.
YONO	SBI's all-in-one digital banking platform. Offers comprehensive financial services including fund transfers and bill payments with bank-grade security.
FreeCharge	Digital payment application offering bill payments, recharges, and money transfers with attractive cashback offers and quick processing.
CRED	Premium payment app for credit card users featuring rewards, exclusive offers, and seamless bill payments with enhanced security.
FamPay	Designed for teenagers without bank accounts. Provides prepaid card and app for secure online payments with parental controls.
IMPS	Immediate Payment Service offering real-time interbank electronic fund transfers throughout India, available 24/7 including holidays.
MuchBetter	E-wallet specializing in gaming transactions. Features low fees, quick transfers, and enhanced security with touch ID.
Airtel Payments Bank	Banking service from Airtel offering digital payments, transfers, and withdrawals via extensive mobile network and retail outlets.
Jeton	Global e-wallet solution providing secure money transfers and online payments with multi-currency support and competitive fees.
iPay	Digital payment platform offering secure transactions, bill payments and money transfers with user-friendly interface.
Google Pay	UPI-based payment app from Google enabling contactless payments, fund transfers, and bill payments with rewards and cashbacks.
PhonePe	Popular UPI payment app supporting money transfers, recharges, bill payments, and merchant transactions with quick QR code scanning.
Paytm	India's leading digital payment platform offering comprehensive payment solutions, mobile recharges, and shopping with integrated wallet.
Paysafecard	Prepaid payment method allowing online transactions without bank account or credit card. Uses 16-digit PIN for secure payments.
Neteller	E-money transfer service popular in betting, offering fast deposits and withdrawals with high security and reasonable transaction fees.
Net Banking	Direct bank transfer method allowing payments through personal banking portals. Secure and widely accepted across betting platforms.
MobiKwik	Digital wallet and payment service offering money transfers, bill payments and online recharges with cashback rewards.
Mobile BankID	Electronic identification system allowing secure authentication for online transactions through mobile devices with bank verification.
Litecoin	Peer-to-peer cryptocurrency offering faster transaction confirmation times and improved storage efficiency than other major crypto coins.
Zimpler	Mobile payment solution that simplifies online transactions without apps or cards. Uses phone number verification for security.
Trustly	Direct bank payment method allowing instant deposits and withdrawals without registration or app installation.
Tether	Stablecoin cryptocurrency pegged to fiat currencies, offering stability unlike volatile cryptocurrencies like Bitcoin.
Swish	Mobile payment system enabling real-time transfers between bank accounts using mobile numbers as identification.
SticPay	E-wallet service supporting multiple currencies with competitive exchange rates and low transaction fees for global users.
Skrill	E-commerce platform allowing payments and money transfers online. Popular in betting for fast processing and reasonable fees.
eZeeWallet	Digital payment solution offering instant deposits and withdrawals with enhanced security features and multi-currency support.
Ethereum	Blockchain-based cryptocurrency supporting smart contracts. Second-largest crypto by market cap after Bitcoin.
EntroPay	Virtual prepaid card service allowing online payments without revealing personal banking details with instant loading.
Payz	Digital payment platform providing secure and fast transactions for online services with good privacy protection.
EcoBank	Banking solution offering electronic transfers, mobile banking services, and online payment processing across multiple regions.
Dash	Privacy-focused cryptocurrency with fast transaction speeds. Offers optional privacy features for anonymous transactions.
Bitcoin	World's first and most valuable cryptocurrency operating on decentralized blockchain technology. Widely accepted in betting sites.
AstroPay	Prepaid card service allowing secure online purchases without bank account. Popular in regions with limited payment options.
Apple Pay	Mobile payment system for Apple devices offering contactless payments with enhanced security through device authentication.
E-Wallets	Digital accounts storing payment information for quick online transactions. Offer speed, convenience, and additional security layer.
Bank Transfer	Direct fund transfer from bank account to betting site. Highly secure but typically slower than electronic payment methods.
Visa	Global payment card network accepted at millions of merchants. Offers secure transactions with fraud protection and wide accessibility.
Cryptocurrency	Digital or virtual currencies using cryptography for security. Offer anonymity, lower fees, and faster international transfers.
UPI	Unified Payments Interface enabling instant real-time bank transfers through mobile platform. India's leading payment innovation.
PayPal	Global online payment system supporting money transfers and serving as electronic alternative to traditional payment methods.
Mastercard	Worldwide payment card network providing secure, convenient transactions with extensive merchant acceptance and fraud protection.

Top Rated Payment Methods for Indian Players

As there are many options for depositing and withdrawing funds on online cricket betting sites, it’s best to have a good awareness of the different types out there. From credit cards to E-Wallets to cryptocurrency, here’s what you need to know about banking options for cricket betting in India.

UPI

UPI (Unified Payments Interface) is one of the fastest-growing options for betting payment methods in India, and it’s not hard to see why. This mobile app is a secure and rapid option for transferring money between bank accounts. The near-instant transactions are smooth and most bookmakers in India will accept UPI as a payment.

NetBanking

NetBanking is perhaps the most well-known and traditional form of transferring money online. Sending funds to the account of an online bookmaker is convenient and easy to achieve. The setup is secure and simple, although some bettors complain that the process is slightly slower than other betting payment methods.

PhonePe

There are many apps for sending and receiving money, but PhonePE is rapidly becoming a hugely popular betting payment option for Indians. Because of its growth in India, it’s rare that an online bookmaker doesn’t accept PhonePe Some users have complained that the process feels less secure than other banking apps, but otherwise its still a fast selection with no hassle.

E-Wallets

A different form of sending money online is certainly an E-Wallet, but these are no less safe or useful than other betting banking options. Two of the most popular apps are Skrill and Neteller, but there are several on the market.

E-Wallets are incredibly simple to understand and very user-friendly, but Indian bettors also like them because of two-factor authentication and notifications when transactions occur. These e-wallets are extremely popular for players betting on live cricket odds.

The transactions from E-Wallets are relatively quick and can be used for worldwide payments. Skrill and Neteller are used for many betting platforms, although the transaction fees for deposits and withdrawals are frustrating for many users.

Cryptocurrency

Perhaps one of the newest and advanced betting payment methods to emerge is that of cryptocurrency. Although crypto is accepted in less online betting platforms than that of traditional methods, possibilities like Bitcoin and Ethereum are still popular with some players.

Cryptocurrency is a completely digital form of payment and is just as safe as other options, although many don’t trust it due to being unregulated and no refunds are possible. Still, you can add and withdraw funds into your account much like an E-Wallet, and the entire experience is anonymous.

Credit/Debit cards

If you prefer a more conventional form of betting payment option, then it’s hard to ignore credit cards and debit cards. Millions of Indians use credit and debit for cricket betting, as it's one of the most direct and recognisable ways of paying online.

Major companies like Visa and MasterCard are accepted everywhere and offer a secure and familiar way to transfer funds. Some punters dislike this betting payment method because banks can take 1-5 days to process the transaction, as well as some high transfer fees, but overall the method is trustworthy and easy.

How to Choose the Right Betting Payment Option

Before you begin betting online on your favourite cricket predictions, you’ll definitely want to decide on your preferred betting banking option.

Security

Feeling safe and secure is vital with any payment method, as scams and fraud are always a concern with online betting. SSL encryption and 2FA are important to ensure the transfer is protected.

Be careful with claiming bonuses

Not all betting payment methods work with sites offering free bonuses. Some E-Wallets sometimes don’t work well with sites giving out betting bonuses.

Withdrawal and deposit fees

It can happen that some payment options will take a fee when you put in or take out money to your account. This may not bother you, but if you don’t want any fees, then look for one that offers free transactions.

Speed

We all wish to have money transactions completed as fast as possible, and while there are some instant withdrawal options, some betting payment options are slower than others. It’s understandable that you’d like your winnings paid out if you had a successful bet, but keep in mind that not all selections are instantaneous.

Anonymity

It’s well known that cryptocurrency offers users a completely anonymous experience, so if this is important to you, then you’ll certainly want to consider it as a betting banking option.

Safety and Security

Naturally, you want to be sure that the funds you’re transferring to an online betting platform will be safe. After all, you might feel that depositing large sums of money comes with some risk.

While there are many betting payment methods available and the right one is still your choice, you can rest assured that OCBscores only recommends betting platforms which are fully licensed and regulated to top industry standards.

FAQs