By now, you know what the best horse racing betting apps in India are, how we rank them, and what you can expect after you sign up. But we’re yet to cover one of the most important aspects of online betting, the payment methods.
Below are the payment methods we believe will work best in your quest for horse racing betting app usage in India. The list is a blend of local and international methods to cover all fronts.
Paytm
If you’ve read any of our other sports betting apps guide, you may have seen Paytm as our first pick. It’s the same for horse racing betting apps simply because it’s the most convenient app in India. You can use the same app for your everyday needs as well as for online betting! If that’s not a diverse payment method, we don’t know what is.
PhonePe
PhonePe features a very similar itinerary of services as Paytm. You can use the app to pay bills, pay merchants, shop online, send money, and even invest. Most importantly, you can use this wallet app for deposits and withdrawals at online betting apps that accept customers from India.
UPI
UPI is the boss of all transaction methods in India right now. And the fascinating thing is that it’s not even a traditional payment method! Unified Payment Interface or UPI is a payment network that works as the bridge between the sender and the receiver, even if both parties are using different payment methods. The benefit of using UPI for a horse racing betting app is that you can use methods that the app doesn’t accept.
Cryptocurrencies
If you prefer quick withdrawals without traditional KYC verification, cryptocurrencies are for you. You may already know about these decentralized tokens that can be used for cross-border payments. Just download a crypto wallet, buy some tokens from a reputed exchange, and you’re good to go.
RuPay
In case you want to bet for real money but not using INR, RuPay is the way to go. It’s a payment processing network similar to Visa and Mastercard but with an Indian flavor. You can get credit, debit, and prepaid cards from your local banks.