Top Alternatives To PayPal Betting Sites in 2024

What Is PayPal?

Founded way back in 1998 in the US, PayPal is a fast and simple online payment service that used to let Indian punters make deposits and withdrawals at INR betting sites. This advanced service had been planning to incorporate UPI payments, doing away with the need to input any long numbers or personal banking information when making transactions at PayPal betting sites.

PayPal was one of the safest betting payment methods supported by some of the best cricket betting sites in India before eventually being phased out. With advanced encryption protocols, 24/7 fraud monitoring, and personal data privacy practices, this banking option is still widely used by Indian businesses.

What Happened to PayPal Betting Sites in India?

While the payment service was perfect for those looking to bet on cricket online, it isn’t surprising to see PayPal go. PayPal has had issues with the Reserve Bank of India in the past, with previous policies and regulations from the RBI rarely beneficial to the American company.

Best Alternatives To PayPal

PayPal betting sites also supported multiple betting payment methods, and with the banking option no longer supported, those same sites needed to be sure to offer alternatives that would suit PayPal users.

Most bookies offer more than a dozen unique payment options that cater to a wide range of users. For those who preferred to use PayPal, some of the available options use similar mechanics, just as many security features, and lightning-fast payouts.

Traditional Methods

When all else fails, Visa and Mastercard payments are still widely supported at many former PayPal betting sites. You don’t need to always reach for your card or input long card numbers anymore either. That’s because some betting sites accept Google Pay, along with digital prepaid cards like paysafecard too.

E-Wallets

Former PayPal betting sites still support a range of e-wallets that offer a similar service to what PayPal pioneered so many years ago. Major services like Skrill and NETELLER are widely accepted at almost every one of the best cricket betting apps, with alternatives like RuPay and AstroPay Card growing in popularity.

Cryptocurrencies

Cryptocurrencies are the most advanced way to make instant deposits and often instant withdrawals at a wide range of betting sites in India. They are a form of virtual currency that allow Indian punters to conduct transactions in their token of choice but still retain the ability to wager in Indian rupees. This form of payment is highly accessible at every top cryptocurrency betting site.

Indian Favourites

PayPal was just about to launch a new UPI platform, which is one of India's most popular payment methods for online betting transactions. Many former PayPal betting sites have in fact added UPI payments to their arsenal, owing to a simple, mobile-based system, instant deposits, and very fast withdrawals. A number of fast withdrawal betting sites even offer 15-minute payouts with the use of UPI.

Another popular banking option now that PayPal betting sites are gone is Net Banking. This method simplifies using your bank account to conduct betting transactions online. Net Banking betting sites are very common, so punters shouldn’t have any trouble finding a bookie that accepts this service.

How To Choose a PayPal Alternative

With such a wide array of betting payment methods available to the Indian punter, it can be difficult for some to work out just how similar a specific payment method is to PayPal. Fret not, however; it’s actually easy to determine the most suitable banking option – all you need to pay attention to are the key aspects we've listed and described below.

Top 3 Alternatives to PayPal Betting Sites

There are a handful of former PayPal betting sites that offer a huge range of betting payment methods and unique features that help them stand out from the crowd.

What makes these bookies so good? We’ve broken down the pros and cons of our favourite alternatives to PayPal betting sites in India below.

1. MELbet

(Source: Melbet)

MELbet is an Indian bookie for the Indian market. The sportsbook is focused on cricket, kabaddi, and football, while the casino platform features multiple live tables for Teen Patti and Andar Bahar. Those who enjoy live betting will be pleased to see live cricket streaming and an in-play feature called Multi-VIEW that allows punters to follow 5 live events simultaneously.

Features

2. Parimatch

(Source: Parimatch)

Parimatch has been around since the early 90s, and since then has developed into a wonderfully Indian-focused operation. Briefly skim the homepage for even a second, and you’ll see ads for cricket bonuses and the sportsbook instantly showcasing the latest cricket and kabaddi events before any others. Parimatch also offers an Indian betting exchange for peer-to-peer betting on 5 different sports, including cricket and football.

Features

3. Casumo

(Source: Casumo)

Offering a sportsbook and casino, Casumo is one of the biggest online casinos in India with more than 3,000 games in its portfolio. Known as a fee-free bookie, Casumo charges nothing for making deposits acros a wide range of support methods. You’ll find also some useful features for sports betting, including a bet builder and in-play options. For cricket punters, Casumo offers a great range of markets for every available event throughout the year.

Features

Alternatives to PayPal Betting Sites FAQs

What is PayPal?

PayPal is a highly secure and popular payment method that used to provide instant deposits and secure withdrawals at some of the best betting sites in the world. However, there are unfortunately no more PayPal betting sites in India, as the company appears to be pulling out of the Indian market.

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Are there any strong alternatives to PayPal Betting Sites?

You might not be able to use PayPal at betting sites in India anymore, but that doesn’t have to stop you. There are tons of exciting and feature-packed bookies that boast a wide range of alternative banking options. We think MELbet, Parimatch, and Casumo are great alternatives now that PayPal betting sites are obsolete.

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What payment method is similar to PayPal?

Of all the various payment methods available to Indian punters, Skrill, NETELLER, and some UPI-based apps like PhonePe are most similar to PayPal, and users will likely feel comfortable when making the switch.

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Will PayPal betting sites return?

While PayPal is still commonly used in the business world in India, the payment service clearly has no plans to continue its services for individual consumers, leaving Indian bookies without any means to support PayPal payments. It is highly unlikely we’ll ever see PayPal betting sites in India again.

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Cricket Betting Advice – Final Words

It is a shame that the incredibly popular PayPal payment service is no longer supported by bookies in India. However, punters from India accept many similar and – sometimes – superior payment methods to choose from, giving you many excellent alternatives to online PayPal betting sites.

Neeraj Narayan

Match previews expert

Neeraj was born and brought up in a country that considers cricket a religion, so it’s obvious that the sport runs through his veins. Having followed cricket all his life, he has evolved leaps and bounds, from taking part in heated cricket-related debates with friends to giving valuable cricket betting advice.
With over 3 years of experience as a cricket betting advisor, his insights, statistical analyses, and recommendations will help you make informed decisions and maximise your winnings in the realm of cricket betting.

Further Reading

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