Best UPI Online Casinos 2024

By Kwasi Osei-Bobie 02.11.2023, updated 15.11.2024

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Unified Payments Interface (UPI) is a robust transaction system that facilitates instant transfers in Indian online casinos. UPI has become widely accepted in the country, with the vast majority of merchants offering it to users. This is why there are so many UPI casinos in the country, as the payment system merges a user’s multiple indigenous bank accounts in one mobile app. In addition to fast payments, UPI is one of the most secure options for depositing and withdrawing in Indian casinos. Our expert reviews various features of this banking method, especially with regard to online casinos. We also provide a list of the best UPI casinos around.

General information about UPI

UPI is a transaction system that allows all banks, payment service providers, and third-party application providers in India to integrate instant payment functionalities into their systems. This banking method was developed by the National Payments Corporation of India (NPCI) and began operations in 2016. While the NPCI directly supervises UPI, the Reserve Bank of India regulates it. 

UPI is built on the Immediate Payment Service (IMPS), an instant electronic transfer system for convenient transactions. As a result, UPI utilises a real-time gross settlement facility to effectuate seamless, super-fast, and swift transactions. This explains why online casino payments via UPI are instant. With UPI, online casino players in India will have all their bank accounts in one app, from where they can make deposits and receive withdrawals. 

All UPI-participating financial institutions in India have designed their apps to accept UPI payments. If you process your casino payments to the app, you can store your funds there or use it for regular peer-to-peer or user-to-business transactions. You can fund your account and receive payouts anytime when you play at UPI online casinos.

UPI market coverage

UPI is primarily Indian, as it has become a highly accepted mode of payment in the country. According to Business Line, UPI recorded $2.2 trillion as the total yearly value of transactions, which is massive. The platform processes billions of transactions monthly. The Reserve Bank of India and the NPCI have actively advocated for UPI to become a global payment provider. Their efforts have recorded significant success, with UPI now accepted in some other countries since September 2023. Those countries include the UK, Malaysia, Singapore, France, Sri Lanka, the UAE, Mauritius, and Nepal.

The good part is that most of these countries are gambling-friendly. In terms of currencies accepted, UPI works with the INR, USD, AED, NPR, EUR, etc. So, if you wish to deposit money in offshore real-money UPI casinos, UPI will convert your rupees to USD or any other currency accepted at such online casinos. UPI also works with popular Indian and global banking options, such as PhonePe, Paytm, Google Pay, Apple Pay, PayPal, Samsung Pay, Mastercard, Visa, Amazon Pay, etc.

How to deposit to online casinos with UPI

UPI casinos online have a straightforward deposit process, which we have explained in the steps below:

1. Create a UPI account. Find a UPI-enabled bank or payment service provider and create an account there. As soon as your UPI account becomes active, deposit real money into it, which is instant.
2. Sign up with a UPI casino. Our website has expert reviews on many casinos with UPI deposits. All you have to do is read such reviews and join any site that meets your expectations. They all have a smooth registration procedure.
3. Select UPI as your deposit method. After creating an account, you should visit the casino cashier by tapping/clicking the ‘Deposit’ button. Scan the deposit methods and choose UPI from the options. Provide the amount you want to deposit, and enter your UPI ID, phone number, etc.
4. Sign in to your UPI app. The online casino will redirect you to your UPI-enabled mobile app. Sign in to your app, review the transaction details, and re-enter your UPI ID and transaction PIN. The deposit will arrive in your casino account immediately.

How to withdraw from online casinos with UPI

UPI withdrawals are also simple and seamless. However, before making a casino withdrawal request, you have to fulfil all verification requirements. Without satisfying such requirements, most online casinos that accept UPI won’t treat your request. Against this backdrop, below is a step-by-step guide on how to withdraw your casino funds via UPI:

1. Visit the casino cashier. You must log in to your casino account, go to the cashier and click/tap the ‘Withdrawal’ icon. Then choose UPI as your payout method of choice.
2. Type in the amount you want to withdraw, enter your UPI ID and provide any other required details.
3. Confirm the transaction. Ensure all the information is correct and click/tap the ‘Withdraw’ icon in the cashier. If the casino requires your password to authenticate the transaction, kindly enter. Then, wait for your funds to show up in your UPI app.

Keep in mind that you may alternatively request a withdrawal from the casino using the UPI app. To do this, you must log in to the app and opt for the ‘Collect Money’ option. Afterwards, type in the casino’s UPI ID, withdrawal amount, and PIN. The casino will receive your request and process it accordingly.

UPI transaction times and fees

Online casinos accepting UPI process deposits instantly. UPI withdrawals are still subject to when casinos normally process payouts. Typically, most casinos handle requests within 48 to 72 hours. Once the processing is complete, you’ll get your money after a few minutes.

The situation regarding fees is unclear at the time of this review, as there’s no information to that effect on the NPCI website. There may not be any direct fee from UPI. However, your bank, payment service provider, or third-party application provider may charge a fee. So, you should verify with your UPI platform facilitator to know if fees will apply.

UPI casinos pros and cons

Pros

• Instant deposits and withdrawals
• Multiple bank accounts and e-wallet accounts in one app
• Single-click 2FA for top-notch security
• QR code payments
• Quick resolution of issues

Cons

• Accepted in a handful of countries
• Fees may apply

Convenience and safety of UPI casinos

UPI has been made with users’ security in mind. It has a single-click, two-factor authentication (2FA) feature. This feature allows you to input a distinct code for your login. This code will be sent to your phone or email, so you can add either or both options. 

Each user’s UPI ID is unique. Hence, no one can have access to your account without the ID. In addition, you can only authenticate a transaction with your distinct PIN. So, UPI is a safe and secure banking method for your deposits and withdrawals at online casinos.

UPI mobile usability

Since UPI works with most financial institutions in India, it’s a very mobile-based payment platform. In fact, most banks have even started offering UPI-enabled apps since August 2016. The apps are available for download on iOS and Android devices in the App Store and Play Store, respectively. You can access all your financial institution accounts in a single app, and that’s how UPI has won the patronage of many users. You can complete a transaction, especially a deposit, by logging in to your mobile app after being redirected from the casino.

The app is secure, as 2FA is available at multiple levels. You can set up payment reminders and request payments on the app. Besides casino payments, you can also use UPI for all other transactions in India. If it pleases you to save your money on the app, you’re free to do so.  

Conclusion

UPI is a great option when you wish to play at online casinos. It allows you to have all your bank accounts in one place, provided the banks are enabled for UPI. This banking method is renowned for swift transactions, so all your casino deposits will show up immediately. Withdrawals are subject to each casino site’s policy, but rest assured you’ll receive the funds not long after they are processed. UPI has now become available in a few other countries, with currency conversion available if you deposit in another currency. UPI is mobile-based, so you can always make deposits and request payouts on the go. Your security is also guaranteed when depositing at UPI casinos, especially the ones we recommend on our website. Thus, you should get ready to start depositing and playing for real money.