Best Casino Deposit/Withdrawal Methods for India

Two of the most popular and broadly used products are Visa and MasterCard. They are equally secure and reliable. Paying by a method that has bank safety protocols in place does have its benefits. One of them is – banks have the highest standard of protection for financial transactions among all other e-money services.

On the other hand, more and more users become concerned with exposing sensitive card information (CVV, number, expiration date) online and are reluctant to pass it to third parties.

Credit and debit cards will be among the most common payment solutions that you will see in the India-friendly online casinos. They have relatively small fees and in most cases, will support both deposits and withdrawals. We must note, though, that some exceptions may apply, especially with Visa – not all the operators will offer cashouts to cards.

Deposits are instantaneous. Cashouts, if supported, will take between 1 to 3 workdays. Limits may apply, and these must be checked with both the bank and the casino. To avoid unnecessary fees, the best option would be to pay in online lobbies that have the same currency as your card – INR, in this case.

E-wallets are a good alternative to credit and debit cards. Instead of exposing sensitive credit card information, you will need to authorize the transaction to a casino cashier by logging into your e-wallet using 2FA or secure PINs.

Deposits by e-wallets are usually free of charge, and so are the cashouts. On the other hand, transactions to and from the casinos are not the part where you should be concerned about additional costs. It is loading the e-wallet with cash, as well as withdrawing from it where the fees kick in.

For instance, fees up to 3% may apply if you are topping the e-wallet with a card. Fees up to 4% and more may be added when it comes to sending funds from an e-wallet to the bank account. If you choose to spend your casino wins online, then many fees can be avoided.

Neteller

This is one of the most popular online wallets among India-based casino players. It supports both Neteller deposits and withdrawals, has low or no transaction fees between your account and the casino account, and keeps the cashout time under 24 hours. What is more, active Neteller users can enjoy many perks of this payment method, including a 5-tier loyalty program.

Skrill

Skrill is another extremely popular e-wallet. It has developed protocols that allow smarter ways of paying online. With downloadable apps for iOS and Android, it is a matter of a couple of clicks before you can deposit via Skrill and play. Plus, its Knect loyalty program allows you to accumulate loyalty points, move up the VIP ladder, and enjoy the perks of being a privileged member. The list of such perks includes lower fees when withdrawing from an e-wallet.

ecoPayz

A payment solution designed with casino players in mind, ecoPayz has a solid advantage when compared to Skrill and Neteller. While these e-wallets are currently regrouping and pulling their branded plastic cards from the markets, EcoPayz still offers a card as an extra and free service to an e-wallet account.

MuchBetter

The key idea behind MuchBetter payments is: “How can we make a player’s life easier?” An app-based payment solution combines a variety of fiat currencies and also manages digital currencies. So, you can buy and exchange crypto within one account. MuchBetter is a cheap and easy way to deposit and withdraw online.

Digital cash may be confusing to newbies at first but it has become one of the preferred payment methods for thousands of gamblers. For starters, there are now lots of alternatives to Bitcoin. Also, a peer-to-peer decentralized network allows sending and receiving funds within minutes, at no extra costs.

Crypto wallets are free, easy to register, and safe to use. Not only will there be a 2FA added to the standard login and password but you can also download and store your digital money on a drive at any point in time.

Buying and exchanging crypto online is no longer a complex procedure, either. Moreover, you can even do so from e-wallets that are usually considered fiat-currency only (such as MuchBetter).

The volatility of digital currencies can be considered one of the cons. Also, you will need to be very attentive when inserting the routing numbers between your and the casino’s e-wallets. Mistakes are irreversible, so pay attention.

Prepaid vouchers are a cheap and safe way to deposit online. These are either rechargeable cards or single-use tickets that have to be utilized within a few days after you’ve paid for them. Depending on the brand, you can either purchase prepaid vouchers online and then insert their unique numbers in the casino cashier to initiate the deposit, or from within the cashier, order a voucher and pay the unique bar-code.

In either way, this may be a great solution for anyone who does not have a card or a bank account or does not like using credit cards online. You can pay for prepaid vouchers in cash at the kiosk, stores, and from mobile phones.

While each voucher is limited to a certain amount, a casino usually allows using up to 10 vouchers per a single deposit which is good news for the high rollers.

The one downside to this payment method is that you can not withdraw via it. Instead, the operator will offer you an alternative, most likely a bank transfer. So, it is a good idea to check in advance all the available cashout solutions.

AstroPay

While there are multiple prepaid vouchers online, AstroPay is one of the few that was created especially for online gamblers. It is available to players in India and supports INR. It is available both as a physical rechargeable card and as a digital single-use voucher.