With the popularity of online casinos reaching Godlike levels, we have been receiving inquiries about deposits and withdrawals by many Indian punters.
It is an obvious question, as each casino accepts different methods of payment and some options are new for the Indian market. Also, each particular payment method has its own intricacies. Online, people tend to mostly use VISA and Mastercard for their transactions, so in this particular article, we will be exploring these two widespread deposit options in detail.
VISA Credit and Debit Cards for Live Betting
VISA was the second credit and debit card to be released to the world, following Diners Club, but it has since become the most widespread card across the globe. This is a good indicator as to why almost all casino sites accept this payment method for betting.
To deposit on a casino site using your VISA Debit or Credit Card you just need to go on the ‘Cashier’ tab and select the VISA icon as your chosen method. Nonetheless, certain countries might not allow VISA debit and credit for casino transactions. If you are from India though, there is nothing to worry about.
Safety
Adding money to your online casino account with VISA Credit or Debit is a very safe option. In addition to this, it is also accepted by most casinos and transactions take literally seconds.
VISA Cards options are encrypted using SSL Digital Encryption technology, protecting users who conduct online transactions; this same system is employed by banks to protect themselves from fraud.
The 3 digit CVV code that needs to be input manually to complete a transaction is the key to moving money from your account to a casino (or any other business online) with complete safety. Apart from this in India, there is an OTP facility on your mobile which gives another layer of safety to your transaction. Of late the Reserve Bank of India has disabled overseas transactions on Credit cards, so if the website you choose to play on doesn’t process your transaction it’s not their fault, you will need to get this facility activated one-time with your issuing bank by calling them.
Fees
Extra fees or hidden fees (which are quite common in many other cards) are not apparent when it comes to VISA Credit and VISA Debit card transactions, as in most cases the card charges are absorbed by the gaming website.
VISA Betting Sites
If you are into sports/casino betting and you want to deposit on a casino site in India using VISA Credit or VISA Debit card, then check the options below:
10CRIC
Using a VISA Debit or Credit card on the 10CRIC casino site is very convenient. Just set up an account and choose this as your deposit option; keep in mind that the minimum deposit amount is INR 1,000. Nonetheless, we suggest that you deposit more than that, to get the most out of 10CRIC’s welcome offer.
Keep in mind that there could also be a small fee on your deposit, which depends on the issuing bank and will appear when you are trying to proceed with the transaction.
Sportsbet.io
Another great site for betting purposes in India is Sportsbet.io. It accepts various deposit methods, but VISA Cards stand on the top of their list; minimum deposits on this site are INR 800, so go with this one if the deposit limit on 10CRIC is too high for you.
Mastercard Online Casino Payment
Following the success of VISA Cards and their popularity with people across the globe, Mastercard has become really common as well. Today, Mastercard stands as the representative of a large number of banks, but it never surpassed Visa in terms of mass consumption. Nonetheless, it is considered one of the best choices for consumers and a brand name well recognized all over the globe.
Mastercard is a great deposit option for players who want to deposit on an Indian casino site, as it is accepted by most. A player will simply have to head to the ‘Cashier’ page, choose the Mastercard icon as a deposit method, and enter the required details.
Safety
SSL digital encryption technology is also implemented within Mastercard’s transactions, as with VISA Debit and Credit Cards, securing the payments of the users. As with the previous deposit option, a 3 digit CVV code that is displayed on the back of your Mastercard is also required to complete a transaction, providing that extra layer of safety.
Fees
There are no hidden fees or extra charges with the use of Mastercard for gambling online; this is one of the huge pros that also makes it one of the most popular deposit options.
Playing on Mastercard Casinos
Concerning VISA Debit and VISA Credit cards, we explored some Indian betting sites; however, almost all casino sites in India accept Mastercard too for deposits. Check below for the top two sites to deposit and play with Mastercard.
JungleRaja
With plenty of enticing promotions, this desi casino has become very popular in recent months. On JungleRaja one can play popular Indian games such as Teen Patti and Andar Bahar and many Indian-themed slots. Live Roulette, Blackjack, Baccarat, Scratch cards, Video Poker, and Multiplayer games are also on offer to supplement their collection of 1,200+ Slot games. The best part? When you signup, you will get a no deposit bonus! So come try your luck with the new king in town.
Drawbacks of Mastercard and VISA Debit & Credit Cards
Besides the obvious pros of these two popular deposit options, there are also some drawbacks that come with them.
First, although almost all casino sites in India accept deposits with Mastercard and VISA, almost none offer them as a withdrawal option. This is the reason why we always advise our players to have a look at the withdrawal options before they deposit.
However, there is a good reason for that; the hassle that used to be involved in processing these withdrawals has led casinos to completely remove Mastercard and VISA from their withdrawals options list. The entire process of withdrawal was causing trouble to all parties, namely the players, the Banks, and the casino sites. So as a better and safer option, you can withdraw directly into your bank account.
Another important issue when playing on an online casino with your Mastercard or VISA card is, the limits you need to adhere to. Betting and gambling online is quite fun, so it is important that you set some limits on your card spending.
If you take into account the above, then you are ready to go and deposit on any of the above sites using either VISA or Mastercard and start playing today!
