Of the many benefits of modern technology, the most important one is the fact that it eases the complexity and hassle that comes with getting things done. One example of this sort of simplification is in the field of commerce. It is much easier to purchase goods or services and have them come to you by carrying your transactions online. It also helps you overcome certain restrictions. You can buy or sell items and have them shipped all over the world without leaving the comfort of your own home. As a matter of fact, with a few taps on your phone you can do anything – register for various events, settle invoices, bet on sports or play games. Anything is possible.
If there is a thing that makes transactions easier online, it is the fact that there are many online payment methods available. No online transaction is complete without using a form of payment that the vendor recognises and accepts. This avenue can be a little tricky. Each payment method is slightly different depending on where you are, what currency you are using and what you intend on using it for. Especially in the case for online casinos. We will explore the differences in this article, as we take a look at the 10 best online payment methods you can use in for online casinos in India – as recommended by casinos-india.in.
1. Paytm
Paytm is probably the leading online payment service in India. It is one of the few online payment platforms that provides you with options such as financial investments, travel tickets, airtime, bills, and buying gold, and it all works on your mobile phone. The service offers you special discounts and the Paytm website lets you buy more products including even groceries. It is also possible for you to transfer funds to other Paytm users or other bank accounts using this payment method. There is no currency conversion to worry about as Paytm is a 100% Indian service based in Uttar Pradesh.
2. PayPal
PayPal famously was developed by Elon Musk before he shifted his talents to space. It is the second most used payment service in the world and is accepted by most online stores. You can use PayPal by signing up for it using an e-mail address. It can then be associated with any payment methods that place money into the PayPal account. It should be noted that PayPal India has fees of 2.5% on any transaction made, and that users based in India cannot exceed amounts that go over 10,000 INR in a single transaction.
3. Skrill
This is a very good payment platform that keeps on improving. Skrill also covers many platforms. Some forex, bitcoin and even gaming platforms now accept Skrill as a form of payment. The recent improvement is the free verified Skrill transfer. This allows verified Skrill accounts to make transfers at no cost at all. You can withdraw to your bank accounts, VISA or Mastercard. To use this platform, you only have to sign up, receive payments and verify your account.
4. Google Pay
This is also another but very old form of payments. This payment option is available on multiple platforms and can be used for various purposes. To use this platform, all you need to do is to install the Google app and add a credit or debit card. This platform offers a one-click payment system that enables you to pay with ease. You can use it to pay for everything that you can access even while using your mobile phone.
5. Neteller
Neteller is one of the best e-wallets in existence. It is a trusted and reputable online payment method that is used by millions. It has a very large coverage worldwide that you can benefit from. You can also use Neteller to make a variety of payments. This payment method allows you to send money to people via mail even if they do not have a Neteller account yet. With all these benefits, you should really consider using this strategy if you want to operate an international business from India.
6. Astropay
This is a virtual prepaid card that allows you to make payments and then top up your card using a third-party bank payment system like Neteller. Unlike other online payment platforms, this is a virtual prepaid card not a wallet. You can use your prepaid wallet to fund any of your online accounts. AstroPay is now in 12 countries and is supported by many regional banking firms and e-wallet services. Astropay is one of India’s favorite payment methods for online casino users because it is easy to use, its deposits are anonymous, and it remains a good fit for smaller transactions.
7. Muchbetter
Muchbetter is an award-winning e-wallet that is fully licensed by the UK’s Financial Conduct Authority. It is a safe payment platform that is respected by the payment industry as well as the gaming one. Not all e-wallets permit users to make payments for gambling in India, but this is not the case with MuchBetter. You can send and receive money wherever you like using the app, including crediting your gaming accounts with ease. You do not have to suffer multiple redirections and always input your password when you want to conduct every transaction. All you need to do is to download the app use your phone number as your ID as well as a 4-digit pin code.
8. Instamojo
Instamojo is currently enabling startups and small business owners by providing premium eCommerce services at reasonable rates. It takes less than two minutes to set up your Instamojo account. It does not involve any maintenance cost if you want to use it for your eCommerce platform. You can also make payments using links on social media platforms. You receive payments instantly when you use Instamojo.
9. PayU
PayU is a form of payment used in over 70 specific eCommerce platforms. These include like Jabong, Snapdeal, NetFlix, AirbnB, Cred, Goibiboand many others. This payment platform covers the six major currencies and allows you to conduct international transactions.
10. CC Avenue
It is one thing to have an online wallet, it another thing to have an online wallet that provides you with a VISA or Mastercard as well. CC Avenue is one of India’s oldest online payment platforms. Despite its long existence, it keeps on improving to provide you with the best form of eCommerce services. CC Avenue now provides you with a credit card that you can use anywhere. This means that you can now book and make online payments using your online wallet or your CC Avenue credit cards.
These platforms will serve you well as an individual looking for simple ways to make payments online and online casino deposits, as well as business owners in India looking for payment gateways to incorporate into their businesses.
