Deposit, bet, withdraw winnings – everything is easy if you choose a convenient payment method. But this is where problems arise. Some methods work instantly, others process payments for 24 hours. Somewhere the commission eats up part of the deposit, and somewhere there are no fees at all.
The three most popular options among Indian players are UPI, Paytm and cryptocurrency. Each has strengths and weaknesses. If one wants to play without delays, download the app at https://parimatch.pro.in/download-app/. This is a convenient and secure software that takes into account the needs of Asian players. It supports local payment systems and processes transactions in the shortest possible time.
UPI – National Payment System
Unified Payments Interface (UPI) is the standard for fast transfers used by millions of people. No cards, no details and no complicated procedures. All you need is a linked bank account and a UPI ID.
How Does It Work And Why Is UPI Everywhere?
The UPI system allows you to transfer money directly between bank accounts. You open the Parimatch app, select the desired service, enter the amount, specify the recipient – and that’s it. Money is sent in seconds. UPI is supported by most casinos orientated to the Indian market.
The bonus is the absence of intermediaries. If you make a deposit by card, the bank may block the payment. UPI works directly, which eliminates such problems.
Which Banks And Applications Support UPI?
UPI is embedded in dozens of popular services:
- Google Pay;
- PhonePe;
- Paytm UPI;
- BHIM.
Banks too are connected to the system. SBI, HDFC, ICICI, Axis Bank – any major bank in India works with UPI.
Are there any Restrictions?
Yes, there are limits, but they are reasonable. The limit per transaction is ₹100,000 (may vary from bank to bank). Some casinos do not support UPI for withdrawals. If the bank has technical glitches, payments may be delayed.
UPI transactions are usually free of charge. But some banks introduce small fees for frequent transfers. It is better to specify the conditions in your application.
Paytm – Digital Wallet for Casino
Millions of people use Paytm for purchases, transfers and bill payments. The company launched in 2010, and after the denomination of cash in 2016, the popularity of the service grew 10 times.
Paytm is a financial instrument that supports mobile casino payments. There are two ways to make a deposit:
- Paytm Bank is a full-fledged banking service to send money directly through UPI;
- Paytm Wallet is an e-wallet that can be topped up and used for deposits.
Some casinos accept both methods, others only accept Paytm Wallet. When depositing, you just need to enter your wallet number or UPI ID and confirm the payment in the app.
The service uses 256-bit encryption, two-factor authentication and transaction protection by OTP code. Card and account data are hidden, and payments pass through secure servers. This reduces the risk of fraud compared to traditional bank cards.
It is worth considering that not all casinos accept Paytm. This is especially true for international websites. But you can download Parimatch apk and use the service without restrictions. The wallet holds up to ₹100,000 per month (if the account is not verified). Some banks block transfers in favour of the casino through Paytm Bank, but the wallet works without problems.
Cryptocurrency – Anonymity And Speed
Cryptocurrencies are an alternative to traditional payment systems. They do not depend on banks, work worldwide and provide a high level of anonymity. In India, interest in them is growing, especially among mobile casino players. Bitcoin, Ethereum, USDT allow you to bypass bank restrictions and conduct transactions directly.
Deposits in digital assets have several advantages. Firstly, transfers are fast. On average, a bitcoin transaction takes 10-30 minutes, while USDT in the TRC-20 network is processed in a couple of minutes. Second, commissions are lower than traditional methods. Third, cryptocurrency payments are difficult to trace, which provides more privacy.
But there are also disadvantages. The cryptocurrency market is unstable: the exchange rate can change dramatically, which affects the amount of the deposit. In addition, not all casinos support cryptocurrency payments. If the website accepts only deposits in bitcoins, but does not allow you to withdraw funds in the same way, you will have to look for an alternative.
The legal status of cryptocurrencies in India remains controversial. Regulators periodically impose restrictions, although there are no prohibitions on owning digital assets. Some banks may block transactions related to cryptocurrency exchanges. To avoid problems, players use P2P transactions or transfer assets through international platforms.
Comparison of Methods – Which to Choose?
UPI, Paytm and cryptocurrency – each option has pros and limitations. It is worth considering which one is best suited for specific tasks:
| Method | Deposit rate | Output speed | Commission | Limits |
| UPI | Instantly | 1-3 days | 0% (bank may withhold) | Up to ₹100,000 at a time (bank restrictions) |
| Paytm | Instantly | 1-3 days | 0% (wallet) | ₹100,000 per month (wallet) |
| Cryptocurrency | 5-30 minutes | Up to 24 hours | 0-2% (exchanges may charge a commission) | Depends on the casino, but no restrictions from the banks |
If speed is important, UPI and Paytm lose out to cryptocurrencies. Withdrawals can be delayed due to bank checks. Digital coins are the best option if the casino supports them for payouts. When using USDT or BTC, the money comes in a few minutes.
Which Method to Choose for Large Deposits?
UPI and Paytm have limits on amounts. The maximum single transfer is ₹100,000, while Paytm Wallet has a monthly limit. Cryptocurrency is devoid of such restrictions. If a player wants to deposit larger amounts, bitcoin or USDT will work best.
