iPay Betting: Best Betting Sites that Accept iPay

Finding a reliable and safe way to fund your betting account is important. While a number of popular payment options are widely available, you may have come across mentions of iPay betting sites and wondered if this is a viable option for you.

At the time of writing (August 2025), iPay is not available as a payment method on any of the betting sites listed on OCBscores. iPay is a popular e-wallet in countries like Bangladesh and Sri Lanka, it is not currently available in India. But below you'll find our list of our top 10 cricket bookmakers that offer the widest choice of payment methods to players in India.

Betting Sites with Best Payment Methods in India 2025

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However, understanding how it works can be useful if you're exploring different betting payment methods or just curious about the global betting landscape.

ipay betting

What is iPay?

iPay is an e-wallet platform that enables users to make digital payments, send and receive money, and manage their finances through a mobile application. It functions much like other digital wallets you may be familiar with, allowing for quick, secure, and convenient transactions. iPay has established itself as a significant player in the fintech sector of several South Asian countries, providing a robust and user-friendly service for everyday financial needs.

While it's a great tool for local transactions, its use on international betting platforms is limited and, as we've mentioned, non available in India. This is an important distinction to make when you're looking for the best IPay betting sites.

Pros and Cons of Using iPay at Betting Sites

When you're considering any new payment method, it's always a good idea to weigh up the positives and negatives before you commit. Here are some of the general pros and cons of using iPay on betting sites:

Pros
  • Swift and Easy Transactions: Deposits are processed instantly, allowing you to fund your account and place your bets without any delay.
  • Enhanced Security: iPay employs advanced encryption and security measures, so your financial details are not directly shared with the betting site, adding an extra layer of protection.
  • Convenience: The mobile app makes managing your funds and making transactions on the go incredibly easy, which is perfect for live betting during a match.
  • Zero Transaction Fees: Many betting sites that accept iPay may not charge fees for deposits or withdrawals, although it's always wise to check the terms and conditions.
Cons
  • Limited Availability: This is the most significant drawback for Indian bettors, as the service is not licensed to operate in India.
  • Potential for Currency Conversion Fees: If you were to use it on an international betting site, you might incur currency conversion charges, which can eat into your winnings.

Is This the Right Betting Payment for Me?

As we've said, iPay is not an option if you're betting from India. However, if you are an Indian cricket fan living in a country where iPay is available and you're looking for a betting payment method, there are a few key factors you should always consider before making your choice.

The best payment option for you will depend on your personal preferences for speed, security, and anonymity. Taking a moment to assess these aspects will help you find a method that aligns with your needs, allowing you to focus on the game and your match predictions and tips.

Anonymity

iPay provides a good level of anonymity. When you make a transaction, your bank details are not shared with the online merchant, in this case, the betting site. The betting site only sees the transaction coming from your iPay account. This can be a major advantage for those who wish to keep their betting activity separate from their personal bank statements.

Safety and Security

Security is paramount when it comes to online transactions. As a reputable e-wallet, iPay has robust security protocols in place, including two-factor authentication and data encryption. This ensures that your funds and personal information are well-protected. You can use iPay with confidence, knowing that your details are secure, which is a crucial consideration for any form of online banking, especially when you're checking the latest cricket betting odds.

Withdrawal and deposit fees

One of the most attractive features of many e-wallets, including iPay, is the low or zero fees for deposits and withdrawals. While betting sites may not charge you for using this method, it's always important to check for any potential fees from the payment provider itself or any currency conversion costs that may apply. These charges can add up over time, so it's a good habit to always be aware of them.

Speed

Speed is a significant factor for many bettors, particularly when you want to take advantage of real-time betting opportunities. Deposits made through iPay are typically instant, allowing you to top up your account and place a bet right away. Withdrawals may take a little longer due to processing times, but they are generally much faster than traditional bank transfers.

How to Deposit and Withdraw

For those who are in a country where it is accepted, the process for depositing and withdrawing funds is simple and straightforward. It is designed to be a user-friendly experience, making it easy for you to manage your betting funds. The steps are similar to what you would find with other e-wallets, ensuring a seamless experience.

How to Deposit

  1. Log in to your betting account and navigate to the 'Cashier' or 'Deposit' section.
  2. From the list of available payment methods, select iPay.
  3. Enter the amount you wish to deposit.
  4. You will be redirected to the iPay app or website to confirm the transaction.
  5. Log in to your iPay account and authorise the payment.
  6. The funds will be credited to your betting account instantly.

How to Withdraw

  1. Log in to your betting account and go to the 'Cashier' or 'Withdrawal' section.
  2. Select iPay as your withdrawal method.
  3. Enter the amount you want to withdraw.
  4. The funds will be processed and transferred to your iPay account. The processing time can vary between betting sites, but it is often much quicker than bank transfers.

Summary

While iPay is a modern and efficient digital payment platform with many benefits for online transactions, it is not a viable option for all countries, such as India. If it's not available in your location, explore other popular and widely accepted payment methods, such as UPI, NetBanking, e-wallets like Paytm or Skrill, and cryptocurrencies, which are all commonly supported by top cricket betting sites.

Always ensure you are using a licensed and reputable site for all your online activities. Here at OCB we only ever recommend operators that are fully licensed and regulated.

FAQs

No, iPay is not a service available for Indian bank accounts or residents of India. The platform is operational in other countries such as Bangladesh and Sri Lanka.

Excellent alternatives include popular e-wallets like Skrill and Neteller, UPI-based payments like PhonePe and Google Pay, and traditional methods such as NetBanking and bank transfers. For more information and a broader selection, you can check out our guide to online cricket betting.

Yes, from a technical standpoint, iPay is a safe and secure e-wallet. However, its use is restricted to certain regions, and it is not an option for those betting from India.

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The OCBscores team is a group of experts who deliver quality, plagiarism-free content to users. We are experienced writers, editors, and SEO content managers who strive to support our readers in making informed decisions and effortlessly enjoying online gambling.

Fact checked by: Nicola ReesLast updated date: 11.08.2025