UPI Casinos guide
UPI stands for ”Unified Payment Interface” and is viewed as one of the safest payment services among Indian casinos. By using this payment method, you are able to send and receive funds through your smartphone, without entering sensitive information directly on the website.
Below, we will take a closer look at UPI casinos and how this popular service works. We will also provide you with important information regarding fees, support and processing times.
Casinos with UPI
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How does UPI work?
Unified Payment Interface (UPI) is an Indian payment solution owned by the National Payments Corporation of India (NPCI). The service was established in 2016 and at the moment, over 150 Indian banks are connected to the service.
UPI makes it easy for a bank account to make fast transactions directly through their smartphone. To use UPI, you simply need to download the app provided by your bank and register an account. You can either use your phone number to connect your personal bank account.
To make a payment using UPI, just select the amount you want to transfer and follow the instructions provided by the vendor. Select UPI Net Banking as your preferred method and enter your UPI credentials. Confirm the payment through your app and you’re all set.
As previously mentioned, most Indian online casinos offer UPI among their assortment of payment methods. Therefore, it’s definitely not hard to find a gambling platform that supports these kinds of payments. Also, since this is an Indian payment service, the base currency is Indian Rupees.
Since UPI offers mobile payments, you are free to deposit and withdraw money to and from your favourite casinos anywhere at any time. The only thing you need is an internet connection.
Why use UPI?
Besides being a payment service developed specifically for the Indian market, there are many other reasons why UPI casino could be a great alternative for Indian players. Let’s go through some of them.
First of all, payments through UPI does not require you to enter sensitive information directly on the casino site. Instead, your payment will be made through your smartphone where your bank account already is connected. This process will make many players feel extra safe.
Another advantage of UPI among Indian players is the fact that the payment service is supported by most Indian gambling sites. Besides, the service is connected to over 150 Indian banks, allowing most players to use it.
Lastly, the base currency of UPI is Indian Rupees. In other words, you don’t need to worry about problems connected to currency conversion. You are able to use other currencies too, but in those cases you will need to pay a conversion fee.
Advantages
- Completely safe to use
- Low fees
- Accepted by most Indian casinos
Disadvantages
- Long processing time
- Conversion fee will be added to foreign currencies
Fees
Compared to other payment services, UPI offers relatively low fees. The NPCI charges 0,5 INR for each transaction. However, additional fees might be added by the casino, so make sure to check this before proceeding with your transaction.
Support
UPI offers a great support department that will help you with any questions or problems that might arise when using the service. First of all, you’ll find a whole page filled with common questions and answers on the UPI website. Here, you’ll probably find solutions to easier problems.
If you are in need of personal support, you can reach the support associates by phone. You’ll find all phone numbers to the different departments on the UPI website.
UPI app
To use UPI, you will need to download the app provided by your bank. In other words, there isn’t any general app to use, instead the UPI system is integrated in the applications of different banks.
Usually, it’s completely free to download the apps and most of them support both iOS and Android.
How does UPI work with online casinos?
As previously mentioned, most online casinos focused on the Indian market offer UPI among their payment methods. Indian players will in other words not have any problem finding a casino that accepts transactions using UPI.
So is UPI a good option for online casinos? That depends. There are several benefits of UPI casinos – they are safe, easy to use and usually have low fees. Also, UPI isn’t banned from bonuses, which e-wallet such as Neteller and Skrill usually are.
However, transactions (both deposits and withdrawals) using UPI are generally quite slow. If you are looking for instant deposits and withdrawals, this might not be the ultimate payment method for you.
How to make a deposit using UPI
To make a withdrawal using UPI, just follow these simple steps:
- Visit a UPI casino and register an account.
- Complete the registration and head on over to the cashier.
- Choose ”UPI” as your preferred deposit method.
- Enter the amount you want to deposit and follow the instructions.
- Confirm the payment through your app.
- Deposits are usually processed within 30 minutes. After that, you are ready to start playing!
How to make a withdrawal using UPI
Withdrawals are just as smooth as deposits. This is how it works:
- Go to the cashier and choose UPI among the withdrawal methods.
- Enter the amount to wish to withdraw.
- Provide the necessary information and follow the instructions.
- Click on withdraw. Your funds will arrive in a few business days.
Keep in mind that your first withdrawal might take some extra time. The reason for this is because you need to verify you identity. In the future, the process will be significantly faster.
About UPI
UPI stands for ”Unified Payment Interface” and is a digital payment solution founded in 2016 by the National Payments Corporation of India. Today, the service is connected to over 150 Indian banks, allowing fast mobile transactions for bank account holders. As of March 2019, almost 800 million transactions were made using UPI.
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