It is essential for Indian players to be able to make deposits in their local currency. Image: Pixabay
Finding an Indian gambling portal that is trusted should always be followed by the verification of the Indian-friendly payment methods supported by this website. It is not uncommon for Indian users to experience difficulties when they want to make a deposit at a live dealer online casino and fund their gaming accounts. They often have trouble depositing through bank cards as a consequence of the mainly unregulated market when it comes to online transactions towards gambling brands.
The problems stem from the Payment Settlement and Systems Act which grants the Reserve Bank of India (RBI) the authority to vet electronic payments, which may include major credit/debit cards, and sometimes even prepaid cards and e-wallets. However, this practice is not being enforced to its full extent and security systems of the best Indian live casinos are usually capable to finalise the transactions seamlessly.
It is essential for Indian players to be able to make deposits in their local currency, Indian rupees. As for the range of supported banking methods, it is always better to have a large assortment of options to choose from. Until recently, Hindu bettors had to make do with bank accounts and cards only. Now, they have virtual wallets, net banking, wire transfers and Bitcoin at their disposal. It’s safe to say that there are healthy alternatives around.
Most Prevalent Payment Methods at Indian Live Casinos
A few internet casinos accept local bank transfer payments. It is the simplest of procedures where the transfer of funds takes place from one’s bank account to the casino account. Once the deposit is complete, it should be reflected in the player’s casino account within hours, or sometimes days. Clients of Canara Bank, IDBI Bank, State Bank of India, Axis Bank, Union Bank of India, Citibank, South Indian Bank or HSBC can attempt to transfer their funds directly to their gambling accounts. The thing is, they will need to reveal their financial details online and deal with the tardy payments.
This is an electronic transfer system used in India. For instance, customers of Jeetwin, one of the most popular online casino websites in the country, can use IMPS (Immediate Payment Service) or NEFT (National Electronic Funds Transfer) to top their gambling accounts. Unlike NEFT that becomes unavailable on holidays and depends on bank working hours, IMPS functions 24/7 allowing a fund transfer at any time during the day.
Credit/debit card facilities are almost always provided by the casino operator of any web-based casino. Nevertheless, in India, the transactions made via cards may be labelled as ‘gambling for real money’ by the card issuer and that’s when the fun stops. The card companies don’t like these transfers in particular. You can try to use your Visa, MasterCard or JBC, but there is no guarantee that your deposit will always come through. At LeoVegas live casino, for example, there shouldn’t be any problems whatsoever, as the cashier will gladly accept your Visa card issued by Canara Bank.
Neteller is one of the ways to add funds to your live dealer casino account hassle-free. Depositing takes merely a minute and requires a few simple steps such as entering Neteller login info and the amount you wish to transfer. After the confirmation of the transaction, the money from the Neteller e-wallet will get instantly transferred to your casino account and you can start playing your favourite live casino games.
A very popular online wallet service, Skrill operates in a way rather similar to Neteller. It is very easy to use, requiring only the username and password credentials, along with the amount you would want to deposit, in order to finalise payment. Do check if the casino allows withdrawals to Skrill e-wallet balance because it happens that some casino websites redirect their users to bank transfer as the only possible option for cashing out.
PayTM, Airtel Money and Mobikwik are online banking solutions that are common in India and other parts of Asia. They are otherwise known as mobile payment providers. Unfortunately, at this point, these systems are not among the ones that are primarily used to conduct gambling payments. They are widely used to pay bills, cover travel reservations and arrangements or make purchases online.PayTM, for instance, requires the user to create a PayTM wallet. All transactions are made after the user enters an OTP number sent to the registered mobile phone number. They are protected through advanced SSL encryption technology. Keep in mind that any casinos with PayTM are far and few in between.
While being a novelty at the beginning, Bitcoins have now gone into widespread use. In fact, Bitcoin casinos have opened up a new gambling avenue for Indian bettors. You can exchange your rupees for Bitcoins, and bypass any restrictions by the time you reach the casino lobby. It is only a matter of being thorough in your research and finding the right Bitcoin live casino. Don’t be discouraged if you see that some of the most preferred platforms do not offer cryptocurrency payments. BTC friendly gambling sites are on the rise and surely there will be more to come. Currently, BitCasino.io is the most attractive possibility, as it supports Bitcoin, Ethereum and Litecoin, alongside many traditional currencies such as EUR and INR.BitCasino.io has a branded studio with Evolution Gaming called “Bombay Club” that is dedicated to high rollers and features an Asian theme.