Online betting is one of the best things to hit the Indian betting scene. With online betting came convenience, a wide variety of digital games, and other interesting features. However, betting online requires waiting a while for deposits and withdrawals to get acknowledged, and this was a major disadvantage.
The entrance of e-wallets increased the speed of deposits and withdrawals at Indian casinos. One of the best e-wallets in India is the Payeer payment system. Payeer is an efficient payment system that offers reliable security, one that’s appreciated by Indian casinos.
The presence of Payeer has led to the development of Payeer casinos – online casinos that accept Payeer. Payeer casinos offer some of the best gaming experiences for any Indian punter. You can read this article to learn about the best online casinos that accept payeer payments in India.
Types of Payeer Casino Bonuses 🤑
When many Indian punters visit casinos online, Payeer casinos are one of their main choices. Payeer online casinos offer many benefits that entice the average player, and their bonuses are one of those benefits.
Payeer casinos India offers many bonuses, a wide variety that players can enjoy as they play. Some of the bonuses that you’ll see at Payeer online casinos include:
No Deposit Bonuses
This is one of the most sought after bonuses for the average Indian bettor. That’s because no-deposit bonuses do not require any payments for players to enjoy their benefits. This means that you can visit a casino, earn real money and withdraw the funds.
However, no-deposit bonuses come with some restrictions in various areas, so you should watch out for that. Some no-deposit bonuses that come in the form of free betting funds require the player to bet specific amounts. This is usually a huge amount of funds, if not all of it; so, bankrolls are impossible with such terms.
Sometimes, these no-deposit bonuses restrict the limit of the wins that you can withdraw or go home with. So, you could be lucky and win lots of rupees, and in the end, you’ll only get a small portion. Although these restrictions are stifling, they pale in comparison to the fact that you don’t pay to get them.
Cashback Bonuses
Everyone loses at some point when playing at a casino with Payeer; it’s a natural thing. However, the cashback bonus is a bonus that rewards players for losing.
While this might look impossible, this bonus offers a small percentage of the player’s losses back to them. A cashback bonus can be given on a weekly or monthly basis. Weekly cashbacks remit a portion of the weekly losses, while monthly cashbacks remit a portion of the monthly losses.
Although cashback bonuses are fairly popular, not all betting platforms offer them. So, you can check your Payeer casino to ensure that they offer this bonus. You’ll find such information on their terms and conditions page, or you could contact their customer support team.
Welcome Bonuses
This bonus is the most popular bonus on this list. It has probably helped many Indian bettors to make up their minds regarding a casino.
The welcome bonus is an incentive that a Payeer casino offers to a new player for joining the platform. This bonus requires the player to register with that betting platform to be able to enjoy it.
However, it doesn’t stop there as some online platforms might require the player to fulfil some other conditions. Some of them might require the player to deposit a certain amount in the casino to redeem the welcome bonus.
So, you need to read the fine print (terms and conditions) before choosing a casino for its welcome bonus. This is to ensure that you’ll be able to fulfill the conditions required to redeem that bonus.
Free Spins
Free spins bonuses are another popular Payeer casino bonus. However, this bonus is only restricted to slot games. So, if you’re not planning to play a slot game at that casino, you won’t be able to redeem that bonus.
Free spins bonuses also come with certain restrictions, like being limited to certain slot games or games from certain slot providers. The free spins offered by a bonus differ from casino to casino, too. So, you should check for the best number of spins before you make up your mind to play at a casino.
Deposit Bonuses
The deposit bonus (or match bonus) is a percentage of your bonus that the Payeer casino matches to your deposit. This percentage is usually given in the form of bonus money that you can use at that casino.
For example, if a Payeer casino in India offers a 100% deposit bonus, your 100 rupees deposit will become 200 rupees. If the deposit bonus is 200%, the 100 rupees deposit will become 300 rupees. There are even records of some casinos that have offered up to 500% deposit bonuses.
Referral Bonuses
A referral bonus is a perk that a betting platform offers to old players for bringing new players to the casino. The casino does this by assigning certain codes to old players, which they offer to new players that they lead to the casino. When new players register at that casino, they can input these codes, allowing the old player to get the bonus.
The beauty of a referral bonus is that it can be valid for a while. So, you can invite lots of friends, stock up on these bonuses, and redeem them all at once.
Loyalty Bonuses (VIP Bonuses)
All casinos love returning players, and one way to encourage this behaviour is to reward them for this. Loyalty bonuses were designed for this purpose as they offer special perks to punters that play regularly at a site.
Although there are many forms of loyalty bonuses, the most popular one operates via a points system. In this system, players earn points for each game that they play and the amounts that they bet. So, when a punter visits a Payeer casino and plays regularly (with high bets), they can accumulate lots of points.
These points can be redeemed for special bonuses that are only available to VIP players. Some casinos also offer surprise promotional offers, bonuses, or even casino merchandise to players with high points.
Reward Multipliers
This bonus usually comes as a seasonal or short-term perk that’s only available to registered players. A reward multiplier is a bonus that offers a period during which all player wins are multiplied. While it’s customary to double or triple your winnings, some casinos can offer 100x reward multipliers.
Payeer casinos use reward multipliers to attract new players to the casino or reengage old ones. However, you should take note that most reward multipliers are limited to a few games; usually slot games.
High Roller Bonuses
Although a casino will appreciate having more players, they’ll appreciate players that bet more. High roller bonuses are bonuses that target the high rollers (players that bet massive amounts of money) of the casinos. This bonus usually comes as a free perk or exclusive access to a casino event, such as a poker competition.
Qualifying for a high roller bonus can be difficult, as you’ll need to make a massive deposit to obtain it. Sometimes, there can be other conditions attached to this; so, check all of them before depositing.
FAQs 🙋
Yes, Payeer is an accepted payment method in India and most Indian casinos. However, you’ll need to own a Payeer account to use this e-wallet at an online casino. Of course, you’ll need to be at least 18 years old before you can legally access casinos with Payeer.
The welcome bonus that you receive at an Indian casino is dependent on the casino. While some casinos might specify the payment method required to redeem their welcome bonuses, others don’t mind. So, you can be eligible for the welcome bonus in many Indian casinos, even when you don’t use Payeer.
To be on the safe side, you can always read the terms and conditions of the welcome bonus. If their terms aren’t clear enough, there’s nothing wrong with contacting customer care.
After going through the hurdle of finding the words ‘casino accept Payeer’ on the internet, many Indian players turn to security. What good would the benefits of Payeer casinos be if they’re not safe betting platforms? So, many bettors always check to see if Payeer casinos are safe; and the answer is yes.
Payeer has proven itself to be one of the safest payment options out there. So, you can visit a Payeer casino, and play without fear of your funds getting stolen.
Some of the security features that you’ll encounter at a Payeer casino include two-step verifications for unusual sign-ins. You can also get a notification sent to your email address whenever someone signs into your casino account.
Yes, you can withdraw money from an online casino into your Payeer account. This is because Payeer works well both as a deposit and a withdrawal payment method.
However, you need to be sure that your betting platform supports Payeer as a withdrawal method. This is because some online casinos can support Payeer as a deposit option, but not as a withdrawal option.
You can find out if your casino supports Payeer as a withdrawal method by going through their terms and conditions. If that’s too tedious, you can just contact their customer support team.
All Payeer transactions are fast, withdrawals included. However, some online casinos might have a slow processing time. So, you could make a withdrawal, and have to wait hours or days for it to reflect in your Payeer account.
Payeer has a mobile option for individuals that want to make payments or withdrawals with their mobile device. However, your mobile casino needs to support Payeer as a payment method for it to be available to players. So, if Payeer is available on the casino’s mobile app, you can use it for your deposits/withdrawals.
Payeer is one of the few e-wallets that comes with charges for using their services. However, these charges are very low, so many individuals might not notice them. So, you could bet with an online casino that offers free deposits/withdrawals, but get charged for using Payeer.
The fees involved in using Payeer are only evident when you’re depositing or withdrawing from your Payeer account. This payment service doesn’t charge any fees for opening an account, and neither does it require any monthly maintenance fees. Payeer is one of the e-wallets that accepts cryptocurrency funds, and all cryptocurrency transactions come with their own charges as well.
The charges for this payment method are examined below:
A 0.095% fee for all trading transactions involving United States Dollars (USD), Euros (EUR), and Russian Rubles (RUB). This rate applies to cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Tether (USDT), DASH, and Bitcoin Cash (BCH).
A 0.5% fee for all internal transfers with RUB, EUR, and USD.
Application Programming Interface (API) fees for Payeer aren’t constant. It ranges between 0.095% and 0.5% for RUB, USD, and EUR.
Payeer is a popular payment method in casinos worldwide, and in India, as well. Right now, it’ll be tough to put a number on the many casinos that accept Payeer. That’s because many casinos accept Payeer as a deposit and withdrawal method, and that number is still growing.
Payeer Casino | What Is It? 🤔
Payeer casinos are online betting platforms that accept Payeer as a payment method for deposits/withdrawals. Payeer casinos are an innovation to the betting market with the entry of Payeer as a payment method.
What is Payeer?
Payeer is an online-focused payment method that was launched by Paycorp in 2012. The goal behind this payment method was to offer a low-cost exchange platform for certain currencies and instant payments.
This goal met success as Payeer quickly spread to more than 120 countries worldwide. Payeer can also be used together with other popular payment methods like Apple Pay and Google Pay. You can also connect this e-wallet to major credit card providers like VISA and MasterCard.
Although Payeer works as a well-acknowledged international payment method, they also support local payments, too. This means that you can connect them to local banks and financial institutions in a country. That’s why people can easily withdraw funds from their local bank accounts when they use this service.
When cryptocurrency came onto the financial scene, Payeer also included them in their list of supported currencies. Within a short while, they started accepting digital coins like Ethereum, Bitcoin, and Litecoin.
Many business owners worldwide appreciated this move. That’s because using Payeer as a payment method on their websites allowed them to accept fiat payments and cryptocurrency payments.
Whenever you deposit funds into your Payeer account, they’re instantly converted into a listed currency like USD, RUB, or BTC. Of course, this is dependent on which of the currencies you set your account to.
So, when you deposit your rupees into your Payeer account, it’ll get converted into your desired listed currency. When you wish to withdraw the funds, the currency will be converted back to rupees.
Payeer is also a legitimate payment method as it’s licensed by the Vanuatu Financial Services Commission (VFSC). This also allows them to hold a Financial Dealer’s certificate with the VFSC. This payment method is also recognized by the Ministry of Economic Affairs.
Pros and Cons of Payeer
Although Payeer is a well-recognized and trusted online payment method, it still comes with its benefits and drawbacks. The benefits and drawbacks of this online payment method are discussed below:
Pros
Easy Registration Process
Registering for a Payeer account is easy, as it doesn’t require much. The registration is also straightforward, so you don’t need a guide to get a Payeer account.
Opening a Payeer account doesn’t take much time either, unlike traditional payment methods.
When you open a Payeer account, you just need to provide your email address and your name. You don’t need to provide any complex bank information either, which makes registration very snappy.
Wide Coverage
Payeer is now supported in more than 170 nations worldwide, including India. This makes it a widely accepted payment method in today’s world.
Free Account Creation
You don’t need to own any funds at hand when you’re creating a Payeer account. Even though you’ll need to verify your connected bank account, the account creation process won’t cost a dime.
Both Fiat and Cryptocurrencies Are Supported
Payeer is one of the few widely-accepted e-wallets that accepts both fiat and cryptocurrencies. So, when you own a Payeer account, you don’t need to get separate e-wallets for fiat currencies and cryptocurrencies. Just a single Payeer e-wallet will do.
Free Fiat to Cryptocurrency Conversion
When you deposit into your Payeer account, it gets converted into a listed currency. If you are not depositing in one of the listed currencies, Payeer will convert your local currency to one.
Unlike other currency conversion services, however, these conversions are free. So, you don’t need to worry about your funds reducing due to exchange fees.
Cons
Few Payeer Casinos
Although Payeer is a widely-accepted payment method, there are only a few Payeer casinos in India. This means that Indian bettors don’t have a lot of Payeer casinos to choose from. They’ll have to be satisfied with these casinos.
Customer Support Can Be Slow
One of the areas where Payeer falters is in their customer support, as they don’t offer live chat. Customers would have to exercise lots of patience with customer support, as their customer service responses are slow. Although responses can be sent out within 24 hours, Payeer puts their official response time to be within 30 days.
Welcome Bonuses May Not Be Possible with Payeer
One of the issues that Indian punters are facing at casinos accepting Payeer, is regarding welcome bonuses. Punters have said that many betting platforms have prevented them from redeeming their welcome bonus when they make deposits using Payeer. This is a risk for players that wish to redeem welcome bonuses when they start playing at some casinos.
High Transaction Fees for Cryptocurrency
Although Payeer accepts cryptocurrency for deposits/withdrawals, the transaction fees can get high. This is more evident when you wish to make your withdrawals through cryptocurrency.
Few Fiat Currencies are Supported
Payeer only supports a few fiat currencies like RUB, EUR, and USD. This is disadvantageous for people that conduct transactions using the Japanese Yen, the British Pound Sterlings, and other major currencies.
Alternative Payment Methods to Payeer
When it comes to betting in casinos online, Payeer is the first choice for many Indian bettors. However, this doesn’t mean that you don’t have other choices when it comes to online casino payment methods. The Indian betting scene is home to a variety of reliable payment options.
Some of the reliable payment options that you can trust besides Payeer include:
Cryptocurrency
The Indian betting scene has been developing rapidly, and it has become open to cryptocurrency payments. So, it’s easy to find an Indian casino that allows players to deposit/withdraw digital coins. This payment method is fast, anonymous, secure, and offers wide deposit/withdrawal limits.
Skrill
Skrill is famous for its low transaction fees, and this makes it a popular payment method at Indian casinos. This digital wallet was established in 2001, and it’s a widely-accepted payment method that’s offered in 40 currencies. Skrill offers Indian bettors a secure, fast, and affordable online payment option at betting platforms.
Bank Transfers
Transferring money from an Indian bank to an online casino is one of the oldest online payment methods. So, you’ll find this option at any Indian casino that you visit.
While this payment method is secure, its biggest drawback is speed. Deposits and withdrawals from banks are not confirmed instantly. This confirmation process can take hours or even days.
Paytm
Established by Vijay Shekhar Sharma in 2010, Paytm has become known as one of the most popular payment methods in India. This payment method is a regular at many online casinos in India. Besides being widely accepted at Indian casinos, it also offers secure and speedy transactions.
Paysafecard
Paysafecard is an international prepaid payment method that you can use at online casinos accepting Payeer. This payment method works through a voucher containing a 16-digit code, which contains the amount that you can spend online.
Paysafecard is a convenient payment method that any Indian bettor can use. It doesn’t require the user to own a bank account to use this service, either.
However, the biggest drawback of using Paysafecard with an online casino is that you can’t withdraw with it. So, if you use Paysafecard for your deposits, you’ll have to choose a different withdrawal method.
Neteller
This is another digital wallet service that you can use to withdraw funds from your bank account. It’s a convenient and secure payment method that you’ll see at most casinos in India. Unlike bank transfers, however, Neteller offers fast transaction speeds.
How to Deposit Money into Your Payeer Casino Account💵
You’ll need to own a Payeer account before you can use Payeer on an Indian casino. So, you can do this when you’re trying to deposit funds at the online casino, or before you visit the casino.
If you don’t have a Payeer account already, you can follow the guide below to get one:
- Visit the Payeer online platform at https://payeer.com/en/.
- Click on ‘Create Account’.
- You’ll be required to provide your email address, password, date of birth, and name. You’ll also need to enter the currency that you use often.
- After creating your account, you’ll need to verify this account. You can do this by scanning and presenting a government ID.
- When you want to link this e-wallet to your bank account, you’ll need to enter your bank details. You can also make this easier by scanning your credit card.
- Account verification doesn’t take much time; so, you can receive a response in less than 24 hours.
Keep in mind that an unverified Payeer account comes with a withdrawal cap of $999. So, you’ll need to verify your Payeer account to enjoy all the benefits that it offers as a payment method.
After opening a Payeer account, you can head over to a good online casino and deposit your funds there. You can follow the guide below to deposit funds at an online casino that accepts Payeer.
- Log into your online casino.
- Scroll to the ‘cashier’ or ‘banking page’.
- Select deposits, and choose Payeer from the list of available deposit methods.
- Enter the amount that you wish to deposit at the casino.
- You’ll then be prompted to log into your Payeer account. After you’re logged in, click on the amount that you wish to deposit at the casino.
- You’ll receive a ‘payment successful’ message. After which, you’ll be redirected back to the online casino.
Payeer Casino Withdrawal Process 💸
While Payeer deposits are possible at all Payeer casinos India, not all casinos accept it as a withdrawal option. So, if you’re keen on making your withdrawals through Payeer, you have to ensure that it’s supported by the casino.
You can make your withdrawals from Payeer using the guide below:
- Log into your casino account.
- Scroll to the ‘cashier’ or ‘banking’ tab.
- Select withdrawals, and from the list of withdrawal options, choose Payeer.
- You’ll be prompted to enter your Payeer account details.
- Enter the amount of money that you wish to withdraw from the casino.
- Confirm that all your entered details are correct, and click ‘withdraw’.
