UPI has made making payments super fast and streamlined for users. Whether you are making an online or offline purchase, UPI is a highly preferable option as it has a great success rate and is very easy to use. People of all ages and professions have started to Bet on Cricket with UPI to make payments of all kinds.
However, when we try to place a bet online, we often get disappointed due to the lack of India-specific payment methods, such as UPI. If you too are troubled by this problem, do not worry. Today, we bring to you some great alternatives with which you can do cricket betting through UPI.
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Why Choose UPI for Betting?
UPI simplifies payments and processes them quickly. All you need is a registered UPI ID, or even your mobile number with which you have registered. Unlike lengthy processes like Net Banking and Credit Card (where you need to fill in a lot of information), you can deposit your money via UPI, which requires nothing more than your mobile number.
Over 142 banks in India accept and have partnered with UPI, and more banks are enrolling day be day. Some staunch reasons why you should choose UPI for betting include the following-
No Taxes
UPI permits free fund transfer (upto a certain limit). Credit/Debit cards charge huge amounts It offers free transactions for deposits and withdrawals. Zero transfer charge makes it the cheapest payment methods amongst all others.
Privacy and Security
Everyday, hundreds of thousands of transactions take place with UPI, with a very low failure rate. Also, your information is completely safe, once you register with a UPI betting app. This reduces chances of fraud and theft, if you use it carefully.
By providing your UPI ID, you can eliminate the process of offering your brank details to anyone. Thus, your vital information stays safe and you can transfer money without letting anyone know about your bank details, not even the sites.
The virtual payment address used for the payment hides your bank information, and thus no one can hack your account. All you need to do is authenticate your payment by having a strong pin, and you can ensure the maximum level of security and privacy.
Instant Payments
Unlike the time consuming payment methods, UPI is quick and efficient. Just by following simple 2-3 steps, you can make payments to the cricket betting website. You do not need to deal with slow websites, and can make quick payments through apps.
Variety of Options
There is not one, but many UPI applications to choose from. In India, last few years have seen a rise in the number of UPI apps, such as PayTM, Google Pay, Bhim, Mobikwik and much more. You can choose the option you like more, and make payments through it.
Making UPI Deposit on Betting Sites
If you already have registered on a UPI app, you can easily make payments on cricket betting sites through it. However, if you haven’t yet registered, you need to sing-up with the UPI app of your choice initially. The steps to make payment for cricket betting with a UPI app are mentioned below.
Depositing Money with UPI
- Open the cricket betting website or app which you prefer using. Go to the “Banking” section.
- Select UPI as your preferred payment mode. Choose the UPI app that you use.
- You will be redirected to the page with the UPI ID and the QR code of the website or app.
- Choose the amount you wish to deposit. Open your UPI wallet, and send the amount to the betting website by entering the UPI ID of the betting site.
- Within seconds, the betting site will receive the payment, and the balance will be reflected in your account.
Ensure that the money enters your betting account instantly. If not, wait for one hour, after which you must contact the customer support of the respective cricket betting site. Also, make sure to keep the screenshot or the receipt of the transaction, so that you can show it to the customer care, if an issue arises in the future.
After receiving the money, you can place your Bet on Cricket with UPI anytime you like. Also, you can get a welcome bonus on the amount that you have deposited, depending on the bonus offered by the website.
Withdrawing Money with UPI
Just like the deposit method, the method of withdrawing money through UPI is also straightforward. You just need to follow the instructions mentioned below.
- Login to your account on your preferred cricket betting website.
- Choose the option “Withdraw” and select the payment method you would like to use to get your money.
- Enter the amount you wish to withdraw, considering the minimum withdrawal amount of the website.
- Click on “Confirm” and probably within the next 6 hours, the amount will be reflected in your account.
You must keep a track of the amount you withdraw, and check if its has been received by your bank account or not. If bot, you must contact the customer service of the respective website.
Some cricket betting websites and apps which allow UPI as a payment method for making deposits and withdrawals include the following-
Conclusion
It is very easy to place your Bet on Cricket with UPI by depositing money through it, and then also withdrawing them. All you need is a UPI app with registered bank details, and money in your respective bank. After making the deposit in the app, you can start betting instantly.
However, you must ensure that you use a cricket betting app which accepts UPI as a payment method, before registering on it. Also, try to choose apps which offer bonuses on payments and withdrawals through UPI. This way, you can ensure that you reap the maximum benefits through your UPI transactions with online cricket betting platforms.