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UPI stands for United Payments Interface, an instant payment system that’s been set up by a group of Indian banks. It’s managed by the Indian government and is designed to merge several banking networks into one easy app. From paying for online goods to transacting at UPI casinos, this payment system is secure, swift and easy to use. On this page, you can learn all about UPI, its pros and cons and how to make the most of this payment method at online casinos in Asia.
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UPI Casinos Introduction
With close to 1.4 billion people, India boasts the second-largest population on the globe, with 80% of the population owning at least one smartphone. One of the main activities Indians prefer to do on their mobile devices is make online payments. As a result, the United Payments Interface (UPI) was born, making casino players happy. At UPI casinos, you can use direct money transfers to fund your online casino account.
Formally launched in 2016, UPI is a flagship payment platform of the National Payments Corporation of India. It makes use of the IMPS (Immediate Payment Service) infrastructure, allowing you to swiftly and safely send money from your bank account to your favourite online casinos in Asia. It also supports Rupees, which means Indian players don’t have to worry about conversion fees. In its short time, UPI has become widely used across India, having processed almost 4 billion transactions by 2021.
Keen to find out more about deposits, withdrawals and bonuses at UPI casinos? You’ve come to the right place. On this page, we deliver a comprehensive guide to UPI to help you navigate the payment method at casino sites.
What Is UPI?
As a layer of IMPS, UPI is a much easier way to transfer funds. To make a transaction, all you need is a Virtual Payment Address (VPA). The network has a VPA ID which is unique to a single bank account. As a result, you don’t need to know the details of a bank account to send funds. You simply need the VPA.
Best of all, you don’t need to wait hours to get a recipient added to this payment method. All you need is a virtual payment address or the casino’s Aadhaar unique identity number. Be sure to check that your bank offers this service and that your preferred casino accepts UPI payments before you get started, and then choose if you need a local or global address to send and receive money.
Once you’re good to go, all you have to do is give the casino your virtual address. You can then verify the transaction via your mobile device and enter a password to complete the process. One of the big benefits of playing at UPI casinos is the speed and simplicity of the transactions. With your virtual address, you can claim bonuses and play casino games in seconds. What’s more, UPI is available around the clock, making it accessible to players throughout India.
UPI is available across a variety of top-notch apps, including:
UPI Casino Deposits
Funding your account at UPI casinos in Asia couldn’t be simpler. Provided you have an account with a bank that uses the UPI system, everything else is a breeze. In fact, it only takes a few quick steps to make a deposit through UPI.
Choose one of the top UPI casinos that we recommend, sign up and visit the cashier page.
Choose UPI as your payment method and enter the amount you want to deposit into your online casino account.
Enter the required details to request the payment and confirm the transaction via the banking app on your mobile device.
Your bank will accept the payment for you and the funds will be credited to your casino account in no longer than 30 minutes.
UPI Casino Withdrawals
Withdrawals are just as easy as deposits. Keep in mind, though, that different operators have different processing times, which can range from 24 – 48 hours at most. It can then take up to three business days for you to receive your UPI casino funds. A few things to keep in mind:
Bonuses and Promotions
|UPI Casino Bonus||What It Is|
|Welcome Bonus||Welcome bonuses are offered to new players who register and make a deposit. They typically match the amount you deposit up to a certain limit. The bonus may come in the form of free spins, bonus funds or both.|
|Cashback Bonus||With a cashback bonus, casinos offer a partial refund on your losses. They give you a small percentage of your losses back during a promotional period.|
|Referral Bonus||Claim a casino bonus when you refer a friend that joins the casino and makes a deposit. This is usually a small amount of bonus funds as a thank you for bringing more people to a platform.|
|Reload Bonus||This is for regular players who reload their accounts at UPI casinos. It comes in the form of a percentage of your deposit, giving you extra funds to play with.|
|Free Spins||Free spins are the perfect way to try out slot games. They come in a variety of forms and sizes and may or may not carry wagering requirements depending on the offer.|
|High Roller Bonus||High rollers are given preferential treatment in the form of exclusive bonuses, tournament invitations, higher withdrawal limits and dedicated account managers at UPI casinos.|
UPI Mobile Casinos
You can play at UPI mobile casinos with ease. Whether you prefer a tablet or a smartphone, the sites we recommend are designed to be used on the go, as long as you have a reliable internet connection. These mobile casinos offer a range of games, from slots to table games, Live Casino games and more. Since UPI is a mobile app payment method, gambling on the go has never been easier.
Safety and Security
Since UPI is part of the National Payments Corporation of India, you’re in safe hands. Every UPI application uses a VPA or UPI ID and two-factor authentication is used for all transactions. There’s also the need to enter a UPI PIN whenever you make a deposit or withdraw from UPI casinos.
What’s more, the bank details you provide during registration are not stored locally on your mobile device or UPI servers. Add to that the safety measures used at UPI online casinos, like SSL encryption and firewall security and you can rest assured your money and details are ultra-safe.
Pros and Cons
Yes, as an Indian-focused payment method, UPI casinos are readily available to Asian players.
Yes, at the moment UPI is only available to Indian players and allows you to transact in Rupees.
Yes! Most online casinos offer a variety of deals when you make UPI deposits. Just remember to always check out a deal’s terms, conditions and wagering requirements before claiming it.
We only ever recommend online casinos that are licensed, regulated and use the latest security technology. UPI payments, too, guarantee a high level of security.
Yes, provided the casino is licensed by a reputable regulatory body and accepts players from your country.
This is a subjective choice and depends on your gaming and bonus preferences. Check out our top list of UPI casinos to find the one that suits you.
Deposits via UPI are usually instant or, at most, take 30 minutes to reflect in your casino account.
In most cases, withdrawals via UPI are fast, but some casinos may take 24 – 48 hours or as long as 3 working days to process your payout request.
Ready to try out the best UPI casinos in Asia? We’ve got you covered. We’ve put together a top list of the best online casinos that are licensed, secure and offer various bonuses and promotions for your money. We’ve vetted each casino to ensure there is a good variety of games, responsive customer support and alternative payment methods to make sure you enjoy the best possible online gambling experience. Simply pick a UPI online casino, sign up and get started today.
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