If you look around, you will notice that Online Cricket Betting ID are the new ‘thing’. With the human race moving towards the digital era and with coronavirus not seeming to leave us anytime soon, the world has certainly shifted online! (And so has entertainment) Let’s see about UPI casinos- why are they better than regular ones?
Online payments are an indispensable part of online casinos. When it comes to online payments, we try to look for the safest options. And the problem with options is that there are plenty of them so it can get very confusing very fast! But I’m here to help (hopefully)!
I recommend UPI Casinos! To get started with UPI payments, you don’t need a credit card. All you need is your UPI ID – even your Netbanking account will suffice!
Let’s first familiarize you with what UPI actually is.
What is UPI payment?
UPI stands for Unified Payments Interface. Sounds complex but isn’t! The National Payments Corporation of India (NPCI) launched UPI in 2016 as a real-time payment system.
It allows transactions between two banks using smart phones and tablets, and it is controlled by the Reserve Bank of India. There are currently at least 140 Indian banks involved in the scheme with approximately $19 billion in transactions each month!
Currently, the UPI payment method has the attention of the majority of mobile users. The UPI client software is used to send and receive money from and to other users through their applications. UPI transactions can only be processed by banks that have signed up for the scheme so you know it’s legit!
Now that you are clear with what UPI payments are, let us talk about some reasons why UPI casinos are better than regular ones.
Reasons why UPI Casinos are better than the Regular Ones!
No fees!
I had a craving for something cold today so I ordered an ice cream that cost INR 70. But as soon as I went to the payment window, the cost doubled because of the delivery fee that was INR 73! Then I just ate ice and fulfilled my craving, haha!
Let’s admit it, overhead fees are a bummer! You will not be charged any fees if you use UPI to make payments because it is provided free of charge by the Indian government. If you use IMPS or NEFT in the same way, you have to pay a certain fee. You will be able to do transactions at no extra cost.
It’s Universal
One of the best things about using UPI as a payment method is that it’s omnipresent. A single UPI app can be used to transfer money between multiple bank accounts. All you have to do now is connect your various bank accounts to your UPI-based app. Since all of your bank accounts are accessible from a single location, you can make payments from all of them. So if you don’t have enough cash in one account, the other one is just a click away!
Speed
It wouldn’t be an exaggeration if we say that UPI is the fastest method for money transfer. When you are into the betting business, speed is crucial. While methods like NEFT can take up to 12 hours to process, UPI works like lightning and the money transfers are quick!
To transfer funds through IMPS and NEFT, you must first complete the registration as a new payee. The good thing with UPI is that there isn’t any waiting period once you’ve registered. For NEFT and IMPS registration, on the other hand, there is at least a 30-minute wait time.
Safer option
Some of us avoid online transactions and card payments because they need bank account information and some of us are pretty skeptical about them. You let out the card number, validity date, and CVV number when making a card transaction. A net banking transaction, on the other hand, reveals your bank account details.
UPI does neither of these! The payment through UPI does not necessitate the use of a credit card or a bank account. You just need to have a virtual payment address. The virtual payment address looks a lot like our email address, for instance, anjali@sbibank.
Better than digital wallets
There are so many E-wallets out there – Paytm, Mobikwik, freecharge and so many others. Think about it, how many wallets are you going to keep? Isn’t it more convenient to just have a one-size-fits-all kind of payment method?
UPI satisfies the hunger of every online casino! In addition, the UPI does not require payment in advance. Instead, the money remains in your bank account and continues to collect interest. On the contrary, interest is not paid in digital wallets!
How can you make Casino Deposits with UPI?
To help you with this, here is a guide on how to make casino deposits with UPI as your payment option.
- Find or Choose any casino which accepts upi from upicasinos
- Register/Sign in to your account at the casino.
- Click on the payments or “wallet” option and then on “Continue”.
- You’ll have a lot of choices to choose from, so look for UPI and select that.
- A plethora of options will now be presented to you. To set up a UPI payment mode on our computer, you need to create a PIN via the BHIM platform; your bank account information is incorporated on the forum.
- To make a payment, go to the casino’s website and enter your ID and the amount you want to pay. A request for payment of the mentioned sum will be sent to you. Proceed with the payment after verifying your UPI PIN.
Now that we have established that UPI casinos are so much better than regular ones, we hope you make the best choice. No pressure, you are allowed to make your own choice – even if it’s a bad one, how would we find out:)
If you have any queries, comment below and we’ll strive to get an answer back to you ASAP!
