Best Betting Payment Methods Accepted by Betting Sites in India 2020

Top 19 Betting Sites with Best Betting Payment Methods

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The Best Payment Methods for Online Betting

There are so many payment methods offered to Indian punters at online betting sites. With so much choice, we understand it can be difficult to know which to choose. Never fear! We have you covered with a comprehensive list of the best betting payment methods for online betting in India.

You’ll need to weigh up your needs and the features of each best betting payment method. Consider your privacy requirements, betting habits, financial means, and tech savviness when deciding the best betting payment method for you.

Best Betting Payment Methods

Betting Payment Methods Reviewed

Paytm

Paytm is the very first Indian owned and developed e-commerce payment system. The biggest betting sites in India accept Paytm which means it can be used to make deposits ahead of your favourite cricket, tennis and other sporting events. Paytm can be used as either a full e-wallet or as a UPI to make payments.

Like the Rajdhani Express, Paytm is incredibly fast when making deposits or withdrawals. Also, there are no fees when making a betting site payment! Paytm is PCI DSS complaint and never stores your bank cards CVV number. You’ll also benefit from 128-Bit SSL encryption for all transactions using Paytm. Paytm have also imposed a wallet app password so that your account is safe if your smartphone is lost or stolen.

Verifying your Paytm account couldn’t be easier too – Simply have your Aadhaar number handy or send the necessary proofs such as address documentation and ID. There are no transaction fees imposed by Paytm to make deposits or withdrawals at online betting sites, but some operators charge a withdrawal fee after a certain number of withdrawals have been made.

We recommended 10Cric, Betway, and Casumo as best Paytm betting sites.

Cryptocurrency

When the Indian government lifted the ban on the trading of cryptocurrencies, it quickly became a favoured method of payment for online sports betting. Bitcoin is the most common and widely accepted form of cryptocurrency at online betting sites. Using a digital currency is the best way to protect your identity as it is the most anonymous form of payment.

Cryptocurrencies are a new form of decentralized currency that leverages advanced blockchain technology to be fully transparent, anonymous, and immutable. Cryptocurrency technologies have proven to be near-impossible to hack and unmodifiable meaning it is the most secure form of payment available for Indian punters.

Cryptocurrency punters benefit from the lowest fees of any of the best betting payment methods, instant deposits, and the highest security of any digital payment. Major betting sites have made it incredibly simple to bet on cricket and other sports with bitcoin. Payments can be made directly from your crypto wallet and will be in your betting site account instantly.

We recommended bet365, Betway, and LeoVegas as best cryptocurrency betting sites.

Skrill

Skrill is one of the fastest and easy to use digital payment methods for online betting sites in India. It is a digital e-wallet system that allows Indian users to set up accounts in INR and make hassles free deposits at their favourite online betting sites. There are no currency exchange fees since INR is accepted and greatly simplifies the transaction process.

Skrill accounts can be opened for free and the verification process is straight forward – Send the usual documentation such as IDs and you’ll be up and running in 1-2 working days. This is a very secure digital payment service too and offers two-factor authentication as an additional layer of security.

You can use Skrill for absolutely no charge, so long as you maintain at least one transaction a year. Unfortunately, many betting sites will not allow Skrill users to be eligible for bonuses and promotions though.

We recommended Comeon!, 22Bet, and bet365 as best Skrill betting sites.

Neteller

Highly prolific and increasingly popular in India, Neteller is a e-wallet payment service accepted by many online betting sites. Neteller are one of the most efficient ways to make deposits and withdrawals at online betting sites in India. A wide range of security features are on offer and two- factor authentication makes your account near-impossible to hack.

The Neteller mobile app is perfectly optimised for betting site payments and the 6 unique VIP programs on offer reward users for their loyalty and extensive use. VIP privileges include lower fees, higher payment limits, and even a dedicated account manager. Depositing funds into your Neteller account is so easy and we’ve detailed how to deposit money into your Neteller account for new users.

Unfortunately, like other e-wallet services, many betting site operators in India will exempt Neteller users from bonuses and promotions. Withdrawals are sometimes a little slower than other e-wallets and Neteller do charge some small transactions fees. We have detailed how to withdraw money from Neteller for you over at cricketbettingadvice.com

We recommended Comeon!, 22Bet, and BetWinner as best Neteller betting sites.

PayPal

Globally recognised as one of the biggest and most popular payment services, PayPal is an online service for making fast and easy payments at betting sites in India. PayPal is one of the most highly accepted betting payment methods by Indian betting sites. Users of PayPal in India benefit from zero fees, zero service charges, and no annual charges.

That means PayPal is free to use at online betting sites in India. You need to have a bank account linked to your PayPal account in India. However, those details are not disclosed when making and receiving payments at online betting sites. Your personal banking details cannot be hacked, and you won’t have to disclose that sensitive data to a third party.

You will however notice low payment limits and a lengthy verification process. Also, a final drawback of PayPal is that many operators will exempt you from bonuses and promotions. Fast payment speeds and high-level security make PayPal a leading payment choice by Indian punters!

We recommended Royal Panda, Funbet, and 10Cric as best PayPal betting sites.

UPI

Making payments In Indian can’t be written about without mentioning the Unified Payments Interface (UPI). UPI is a real-time payment system backed by the Indian Government and has become rather popular. The UPI system was developed by the Indian National Payments Corporation and allows Indian citizens to make digital transactions using their own bank accounts.

UPI was only launched back in 2016 but thankfully, bookmakers in India were pretty quick to adopt the betting payment method. Many leading betting sites in India accept UPI and it can be used to make both deposits and withdrawals.

You’ll need to download the Bharat Interface for Money (BHIM) app in order to make a deposit at a betting site or you can simply use the web browser. You can set up your UPI account quickly by creating a Virtual Payment Address following a familiar verification process. Once set up, deposits couldn’t be easier.

Since withdrawals are not supported for some digital services still, UPI has emerged as a popular method in India. Making a withdrawal with UPI is very simple and you’ll only need your UPI pin number to complete the process. UPI withdrawal limits vary between 10,000 and 100,000 depending on which bank you are with.

We recommended Melbet, BetWinner, and Comeon! as best UPI betting sites.

Google Pay

Google Pay is a free digital payment service that is perfectly equipped for fast and safe payments at betting sites in India. Users of Google Pay will benefit from instant deposits and exclusive Google bonuses. This service does not incur any fees or charges, so you can enjoy Google Pay for free.

The number of betting sites in India accepting Google Pay are increasing and it’s very easy to make a deposit. However, Google Pay does not currently support withdrawals from Indian betting sites. So, if you want to make a withdrawal, you’ll need to use an alternative method that is featured in this very list!

Security is a big priority for Google and it shows in their security features. The expansive security features include an advanced machine learning technology that identifies instances of fraud, multi-factor authorisation, and one-time virtual account number generation. Google Pay will never sell your transaction history to any third-party entries, so your privacy will remain intact.

We recommended 10Cric, Betway, and Casumo as best Google Pay betting sites.

Visa & Mastercard

If you want to keep things simple, you can’t go wrong with sticking to your standard debit or credit card. Visa and Mastercard are the most accepted forms of card payments around the world and at Indian betting sites.

Anonymity will be sacrificed when using a Visa or Mastercard card as payment. You’ll have to provide your betting site operator with your card details and your personal details are linked to that card. Whilst all reputable, major betting sites operate with the highest levels of security, a bank or credit card is arguably the most at-risk payment type for fraud and digital theft.

Making deposits and withdrawals with Visa and Mastercard is the easiest thing in the world to do and almost every betting site in India support traditional card payments. When using Visa and Mastercard, there are no added sign ups or operator fees. You simply input your card details at the cashier section of your favourite betting site and you’re ready to go!

Withdrawal times usually take a couple of days, but most betting sites will offer instant deposit times. Visa and Mastercard users will always have access to any betting site bonuses and gain benefits from their credit cards particular rewards schemes. Privacy conscience Indians will benefit from Visa & Mastercard prepaid cards too.

We recommended 10Cric, Betiton, and Sportsbet.io as best Visa & Mastercard betting sites.

PhonePe

The Indian market has certainly been making some waves in the realm of digital financial services. PhonePe is an Indian digital payment application that has grown to over 250 million users and is conveniently available in more than 10 Indian languages.

This payment service is UPI-based and is absolutely free to use. PhonePe is regulated by the Reserve Bank of India, so you can be rest assured that the application is reliable and trustworthy. The wonderful team at PhonePe are always working on fraud prevention initiatives and collaborate with law enforcement agencies to prevent cyber-crime. All accounts and transactions are validated, and all logins are validated with a One-Time PIN (OTP), so only you can access your account.

There are zero deposit fees and PhonePe is very simple to use. You can choose to fund your PhonePe account through UPI, debit & credit card, or even via an external e-wallet. As an Indian digital payment method, transactions are all conveniently carried out in Indian Rupees.

We recommended 10Cric, bet365, and Melbet as best PhonePe betting sites.

AstroPay Card

AstroPay are one of the oldest virtual card options available to India players to make betting site payments. AstroPay virtual cards is a fantastic option for punters who do not wish to use their credit or debit card that is linked to their actual bank account. Advantageously, AstroPay allows Indian users to make betting site payments without disclosing their personal banking information to a third party.

Users of an AstroPay virtual card benefit from instant money transfers, extensive acceptance across betting sites around the world, and total flexibility including payments in INR. Also not only is AstroPay an accepted form of payment for betting site bonuses, some operators even offer exclusive bonuses for AstroPay users.

AstroPay is one of the most secure payment options in India and as a disposable card there are far less risks of fraud and theft. As a virtual card, your personal information is not stored on the card and therefore you are not at risk of having your personal banking details exposed. Unlike some virtual cards, AstroPay can be used for withdrawals too.

We recommended Sportsbet.io, 22Bet, and Royal Panda as best AstroPay betting sites.

Paysafecard

Paysafecard may look familiar to older Indian punters – Paysafecard in India is the result of the Skrill acquisition of Ukash in 2013. Ukash users will notice a lot of similarities that may make this betting payment method the prefect choice for them. Paysafecard is a widely accepted prepaid online payment method based on vouchers that act independently of a bank account.

Users of Paysafecard benefit from total anonymity owing to its independence from a bank account or bank card. All you need to do is purchase a Paysafecard voucher for your chosen amount, from a retailer. You can purchase a voucher with cash, so you can remain completely anonymous. Your voucher will come with a unique 16-digit PIN that you will need when making a deposit at an online betting site.

While the voucher is reusable, it cannot be used to make withdrawals. If anonymity is your reason for using a Paysafecard, you’ll need to use an e-wallet option that will protect your personal information. It is also worth noting that some betting site operators in India will exempt Paysafecard users from welcome bonuses.

We recommended bet365, 22Bet, and Comeon! as best Paysafecard betting sites.

NetBanking

NetBanking, or Bank transfer, is a payment system in India, utilising technology known as the National Electronic Fund Transfer, to make deposits through local Indian banks. This process is free, fast and there are no limitations imposed by the local banks. You’ll need to bank with one the many accepted Indian banks such as ICIC Bank, HDFC Bank, Axis Bank, and many others.

The payment gateways between your bank and the third party is secured and coupled with your One-Time PIN (OTP), there is very little chance of fraud. NetBanking supports withdrawals too and the process is just as simple as a deposit. Your first withdrawal will take a little longer though, since you’ll need to validate your account to protect against fraud and underage gambling.

NetBanking is a very hassle-free and convenient payment method if you’re happy just sticking to arranging all your betting payments with your specified local bank in India. With over 150 local banks and most of the best betting sites in India allowing NetBanking transactions, this is one of the easiest ways to get into online sports betting.

We recommended Sportsbet.io, 10Cric, and ComeOn! as best NetBanking betting sites.

Geo-restrictions apply. You must have a funded account or to have placed a bet in the last 24 hours

Basic Deposit Process

Deposit methods for the various best betting payment methods available to players at Indian betting sites will vary depending on payment type and betting site operator. However, most of the betting payment methods follow a very simple process. To fill you with confidence with your first deposit, we’ve outlined the basic steps to making a deposit at your favourite Indian betting site.

  • Once you have signed up to a betting site and validated your account, you’ll need to deposit some funds. Make sure your chosen betting payment method is topped up and ready to go. Also be sure to check the minimum and maximum deposit limits of your payment method and betting site operator.
  • Simply navigate to the cashier section of the betting site and select deposit. Choose your preferred deposit payment method and continue.
  • You’ll need to choose a deposit amount and follow basic prompts such as card details, a PIN, or you’ll be taken to an app associated with your payment type.
  • Follow the basic prompts and confirm payment. Most deposit methods are instant, and you’ll be able to place a wager on your favourite sport matches straight away!

Basic Withdrawal Process

You’ve made your first deposit, picked up a big win backing Chris Gayle to hit the most sixes, and now you need to take home your well-earned cash. To do so you’ll need to make a withdrawal. Depending on your deposit payment type you may need to choose a different betting payment method to make a withdrawal.

All the same, most withdrawal methods follow a very similar process which we have put together for your convenience!

  • Make sure you’ve fulfilled the requirements of any bonuses you may have accepted and check the required minimum and maximum withdrawal limits.
  • Once again, navigate to the cashier section of your betting site and select withdraw. Choose your preferred withdrawal method and choose an amount to withdraw.
  • Follow the prompts again. If this is your first withdrawal you may be required to verify your account. You’ll require some basic documentation for this, and it will increase the processing time of your first withdrawal by a few days.
  • Once verified, enter the required details of your payment type such as PIN, OTP, or card details.
  • Confirm the payment and you should receive your payment within 24 – 72 hours for most withdrawal payment methods.

The Best Betting Sites with The Best Payment Methods

We’ve gone ahead a picked the 20 best betting sites with the best betting payment methods for you in our table above. However, to help you make an informed decision we’ve also gone ahead and identified 3 of the very best betting sites in India offering the best payment methods.

BetWinner

When it comes to betting payment methods, BetWinner has almost everyone covered with an utterly huge selection of payment choice such as Skrill, AstroPay, Cryptocurrency, and many, many more. BetWinner offer some of the best odds available to Indian punters and their range of sports is something to behold.

Besides fantastic cricket markets, BetWinner offers a serious selection of European sports such as Rugby, Football, and Handball. BetWinner features great coverage on long-term bets too, where you can wager upon the winner of almost every global football league you could think of.  There are some niche sports available too, so fans of biathlons and alpine skiing are covered!

Cryptocurrency enthusiasts will be truly impressed with over 25 crypto payment methods. The minimum deposit limits for all payment types are low and there are no services charges of any kind. BetWinner punters benefit from instant deposits and 15-minute e-wallet withdrawal processing times.

ComeOn!

With almost as many sports as Virat Kohli has ODI centuries, Comeon! is an Indian favourite with few rivals. Comeon! offer plenty of betting payment methods for Indian punters and feature payment guides targeted at new Indian users. The user interface is also one of the sleekest and responsive dashboards of any Indian betting site.

If you’re after some unique markets, then Comeon! is for you. Want to bet on Australian, British, or even Irish politics? Comeon! has markets for that! They also cover some great niche sports such as Gaelic Football and Winter Sports. Comeon! is pretty cricket focused too with cricket boost bets, superodds, and other specials.

A great feature from Comeon! is their live results portal that showcases current in-game scores and the status of the game. There are tons of head-to-head statistics on offer and Comeon! will even offer a prediction of the days play.

Melbet

Melbet is without a doubt one the best betting packages of any online betting site in India. Not only does Melbet offer some of the most popular sports from around the globe but features exciting regional sports such as Kabaddi. The range of betting payment methods on offer should cover everyone including Neteller, Paytm, Bitcoin, and traditional credit cards.

Melbet is the perfect betting companion for Indian punters with their finger on the pulse. Live betting at Melbet is all about timing – Use the one-click bets and cash out features to time your bets for maximum profit! Statistics are updated in real-time and will come punter informed both before the match begins and throughout the duration of the action.

Live streaming is one the major draws of using Melbet for your betting needs. Melbet offers unrestricted access to the biggest matches, sometimes even when a live broadcast isn’t present anywhere else! Even if a live stream isn’t possible, Melbet make sure to enhance your betting experience with live graphical charts to keep track of the match.

The Best Cricket Betting Site with The Best Betting Payment Methods

We know why you’re signing up to a betting site in India – To wager on exciting cricket matches from around the world of course! We’ve compiled the 3 best cricket betting sites for Indian punters for your consideration.

10Cric

10Cric has grown to be the home of cricket betting in India with huge tournament coverage, hundreds of different markets, and a smooth betting experience on any device. You can use credit cards, e-wallets such as Neteller, Skrill, or Paytm, Prepaid virtual cards, as well as, almost every other form of payment available to Indian punters.

While 10Cric feature over 60,000 different sports, cricket really is where this betting site shines. 10Cric offers cricket leagues from around the world including Australia, Pakistan, and Bangladesh. You’re certainly covered for international cricket too with every major test, ODI and T20 available to wager on. 10Cric even features markets for the US Open Cricket tournament!

22Bet

22bet has one of most vast range of sports on offer of any Indian betting site but cricket is what 22bet is all about. Featuring the biggest international events and local leagues from around the world, 22bet is designed for cricket lovers. Want to wager on the New Zealand Ford trophy or the exciting American US Open Cricket league? 22bet has them all.

For really talented punters, 22bet offer enhanced specials on weekend accumulator cricket bets and the cricket markets are filled with variety. You can wager on everything from total runs in a single over, the result of the very first ball of the match, or even the direction of the fist boundary of the day! 22bet have a wide range of betting payment methods and all deposits are instantaneous.

Bet365

Bet365 could arguably be the best cricket betting site in the world. Featuring leagues from around the world, bet365 never lets the cricket action die. No game today? bet365 has virtual cricket games for you to wager on too! Bet365 are looking to the future as well with the ability to already place a wager on the 2021/22 Ashes series and the 2023 World Cup.

The markets are so expansive at bet365. You can wager on anything from the chance of a super over to the race for the first 10 runs. The range of markets will always keep punters interested and entertained. You can use e-wallets, bank cards, UPI, and other betting payment methods to make deposits and withdrawals at bet365.

Live streaming has always been the biggest draw of bet365 and even features the IPL. All you need to do is sign up to bet365 and make a deposit to enjoy live cricket, no matter where you are! If the game isn’t streamed bet365 let you watch the game through a virtual display that reveals all the important statistics and scores in real-time. Bet365 really look after their cricket punters!

Best Payment Methods FAQs

What Is the Best Betting Payment Method for Online Betting Sites?

The best betting payment method is really up to you. It completely depends on your needs as a punter and what process best suits you. However, we think e-wallets such as Skrill and Paytm are the best payment methods because of their high levels of security, anonymity, and ease of use.

What Is the Best Betting Site for Cricket Betting?

While every betting site in India has some great Cricket features, we recommend 10Cric, 22bet, and Bet365 as the very best betting sites for cricket betting.

Which Betting Site Has the Best Betting Payment Methods?

We’ve selected Melbet, Comeon!, and BetWinner as 3 of the absolute best betting sites in India offering the best betting payment methods.

What Is the Most Secure Betting Payment Method?

Cryptocurrency betting payment methods currently offer the highest levels of security, but most e-wallets have excellent security, and most punters may find e-wallets more accessible.

Can I Deposit without a Bank Account?

Yes. Using a payment method such as a prepaid disposable card, such as Paysafecard, you could make online betting sites without a bank account. Simply purchase a disposable prepaid card with another means such as cash and you’ll be able to make online deposits.

Geo-restrictions apply. You must have a funded account or to have placed a bet in the last 24 hours

CricketBettingAdvice Final Words

With so many different betting payment methods accepted at online betting sites in India, you’ll definitely find the perfect betting payment method to meet your needs. If privacy is your concern there are many digital solutions such as e-wallets and cryptocurrencies and if simplicity is your goal, you can simply use your bank or credit card for hassle free transactions.

Don’t forget to check out our 20 best betting sites accepting the best payment methods to find the ideal betting site offering your preferred betting payment method.

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