UPI, or the United Payments Interface, is one of the most advanced and secure payment systems in the world. Indians may not realize it but there is no other country in the world where such a large percentage of the population can just pick up any finance app and know that it is going to work with every other one out there. It is no surprise then businesses of all kinds have adopted UPI. Online casinos like 10cric, Betway, Dafabet, and Funbet are some of the big names on this list. Is it safe to deposit on betting sites using UPI?
We think it absolutely is.
Read on to find out more.
Is it safe to deposit on betting sites using UPI?
UPI has made depositing money to an online casino a breeze. It takes just a few seconds and does not require the user to download any other app or to learn anything new. All you have to do is to open up the UPI app on your phone ( Paytm, PhonePe, GooglePay, etc.) and then enter the UPI address mentioned on the deposit page of your online casino.
Enter the amount that you want to transfer and confirm the transaction. That is it. You do not need to do anything else. In most cases, the money will be reflected in your betting account within 30-45 minutes.
Is it safe to deposit on betting sites using UPI? Yes, because the money is being transferred from your bank account to the local bank account of your online casino. As soon as the transaction is complete, you will get the unique ID of the completed transaction. Share this screenshot with your online casino in case there is any confusion.
Every online casino that is serious about India is going to have to adopt UPI because it is going to be so popular.