Just like Google Pay or PayTM, PhonePe is a popular UPI payment application to make easy, contactless payments almost anywhere in India. PhonePe was founded in 2015 and acquired by Flipkart in 2016.
Due to the simplicity of the application and the convenience it provides in payment transactions, PhonePe is a quite sought-after method for payment in online casinos.
If you are a fan of gambling and playing in the online casinos, or even if you are trying out your hand in the online casinos for the first time, you would naturally be looking for those casino sites in India that accept easy payment methods like PhonePe.
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Top 5 PhonePe Casinos of 2021
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With millions of people using the application, PhonePe makes sure that every transaction is conducted with complete safety and security.
PhonePe doesn’t store any of your sensitive information such as debit card details or passwords or such, giving you a complete sense of privacy.
All the financial transactions that take place via PhonePe are powered by Yes Bank. So you can take a sigh of relief while depositing or withdrawing your money at the PhonePe casinos as the transactions take place through a safe banking server.
Process of using PhonePe to make a Deposit at the Online Casinos
We are going to show you the step-by-step process of depositing funds from PhonePe to the online casino account. Here’s how you do it:
1. Set up the PhonePe Application
Download the PhonePe application on your mobile
Open the app and verify your mobile number linked to your particular bank account.
Now enter your credentials such as email address, name, date of birth, etc. and set up a 4 digit password to activate the PhonePe wallet.
Then click on “Create a new Virtual Payment Address (VPA)
Choose the name of the bank and PhonePe will automatically find your account for you.
Just go through the bank details and when you press confirm, your PhonePe account will be created, along with the UPI ID for future payments.
2. Set up your PhonePe Casino account
You can choose one of the best PhonePe casinos from our list, and visit their website.
Click on “Sign Up” or “Register”
Enter your personal details such as your email address, name, mobile number, city, town, etc.
Click on “Create My Account” and you are all set.
3. Visit the Deposit Page of your PhonePe Casino Account
Click on the “Deposit” button on the casino website.
Check the minimum deposit amount of that particular casino site and enter the deposit amount accordingly.
4. Select the mode of payment
After setting the deposit amount, press “confirm”, and you will be asked to choose a mode of payment.
Select UPI as the payment method and you will be asked to enter the UPI ID.
5. Deposit the funds
Open your PhonePe app and copy the UPI ID.
Paste it on the casino website where it asks for UPI ID.
You will receive a request notification on your mobile. Accept that request to finalize the payment and the funds should be reflected in your PhonePe Casino account.
Casino Winnings withdrawal using PhonePe
Withdrawing your winnings from online casinos has become a cakewalk with the UPI payment methods. With just a few simple steps you can transfer your casino winnings securely into your bank account.
1. Go to the withdrawal Page
Go to your PhonePe Casino account, and click on the “Withdraw” option.
2. Choose the Payment Option
Enter the amount you want to withdraw, and press “Confirm”. Then choose the payment method as “UPI” and click “Next”.
3. Make your withdrawal
After choosing UPI as mode of payment, you will be required to enter your UPI ID. Enter your PhonePe UPI ID and click on “Withdraw”. You will receive a notification on your mobile regarding the money being deposited in your bank account.
There are a few things you should know before making a withdrawal:
You might be asked to verify your identity while making your first withdrawal. This is done for your safety and to make sure that the money is transferred to the rightful owner. You can verify your identity by submitting the verification document online. Driver’s license, passport, or Aadhar card, are some examples of verification documents.
There are some wagering requirements or turnover requirements that you need to fulfill in order to make a withdrawal.
Online casinos have a minimum withdrawal limit which is different for different casinos. Make sure to check it out.
If you ever have any queries or troubles regarding withdrawals, or any topic for that matter, you can always contact their customer support which is ready to help you 24×7.
Limitations of PhonePe Casinos
While they aren’t too grim and they don’t matter in the long run, there are some limitations of PhonePe Casinos that you should know:
PhonePe is somewhat less secure than its alternative
Google Pay always requires a password to open the application, while PhonePe application can be opened without any password authentication. This doesn’t really matter when it comes to the security in payment transactions as they both require a UPI PIN to complete the payment.
There can be a delay in payment
Sometimes your payment can get stuck in processing. It can happen due to technical issues and might take 2 to 3 days sometimes to get it fixed. But there is no need to worry as you can always contact the customer support of PhonePe regarding this matter.
Delay in Depositing Money
Sometimes the payment might be successful from your side but can take around 24 hours to reflect in your casino account. While there may be delay, the transaction will always be successful, no matter what. So you shouldn’t be worried about your money.
Everything in the world comes with limitations of some sort, but you should know that they aren’t always a deal-breaker.
Which online casinos accept PhonePe?
Some of the best phonepe casinos in India are Casumo, 10Cric and 22Bet. Check out our list above for all recommendations.
What is the deposit limit at PhonePe Casinos?
While the daily transaction limit using PhonePe is Rs. 1 Lakh, the daily deposit limit at PhonePe Casinos is around Rs. 20,000.
What are the alternatives to PhonePe at Online Casinos?
There are many alternatives to PhonePe such as Google Pay, PayTM UPI, and more that are equally as good as PhonePe, along with their own unique features.
Is using PhonePe for Gambling legal?
Using PhonePe for transactions at gambling sites is completely legal as long as you make sure that the online casino site you are using is properly licensed, and is legal in your state.
How to protect my privacy at PhonePe Casinos?
Although the phonepe casinos are completely safe and secure, but if you want to make sure you take extra precautions, you can use VPN to hide your IP address. You can also choose to use bitcoins instead of phonepe.
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