Guide to PhonePe in India 2024
Established in India in 2015, PhonePe has emerged as a widely embraced digital wallet, boasting over 200 million users nationwide. Renowned for its user-friendly interface, PhonePe operates seamlessly through the UPI (Unified Payment Interface) system, simplifying transactions for its vast user base.
PhonePe has revolutionized the online live casino experience by streamlining the deposit process. Below, we’ve curated a selection of top live casinos that facilitate payments via PhonePe. Rest assured, these recommended platforms all transact in INR (Indian Rupees), eliminating concerns about currency conversion fees.
How do you sign up to PhonePe?
- Download the app for Android or iOS
- Find the “My Money” section in the app
- Add your bank account and link it with PhonePe
- Add your Debit/ATM card details and you’re done
Steps on how to deposit with PhonePe
Depositing with PhonePe is very easy, you just have to follow the steps listed below but keep in mind that different casinos might have slightly different journeys in the cashier.
Follow the below steps to deposit in a desktop browser:
- Open the cashier and choose Netbanking/UPI as method of deposit
- Choose amount and confirm your deposit
- Select PhonePe as your payment method
- Log in in PhonePe with your mobile phone + password
- Choose your bank account that’s linked to PhonePe
- Open the app and accept the Collect request to finalize your payment
- Enter your pin and your transaction is completed
- Check the cashier on the online casino to make sure it’s successfully deposited
To deposit on your mobile is even easier, just follow the instructions below and you’ll have your deposit on the account in a few seconds.
- Open the cashier and choose Netbanking/UPI as method of deposit
- Choose amount and confirm your deposit
- Select PhonePe as your payment method
- Log in in PhonePe with your mobile phone + password
- Choose your bank account that’s linked to PhonePe
- Enter your pin and your transaction is completed
How does PhonePe work?
PhonePe offers a convenient digital wallet platform accessible via their user-friendly app, compatible with both Android and iOS devices. Utilizing the United Payment Interface (UPI), PhonePe simplifies online transactions for users.
Established in 2015 and swiftly launched in 2016, PhonePe has achieved remarkable success, amassing over 200 million users and serving 10 million merchants nationwide in India.
To cater to diverse user needs, the PhonePe app is available in multiple languages, enhancing accessibility and user experience.
These languages include:
- English
- Hindi
- Bengali
- Gujarati
- Kannada
- Malayalam
- Marathi
- Odia
- Punjabi
- Telugu
- Tamil
Good to know is that most casinos have the PhonePe method listed in their cashier under the UPI/Netbanking solution.
How to make Withdrawals with PhonePe?
Withdrawing funds via PhonePe is just as simple as depositing. This process entails using UPI/Netbanking.
To begin, access the cashier section and designate UPI or Netbanking as your preferred withdrawal method. Then, select PhonePe and proceed to follow the provided instructions to finalize the withdrawal.
It’s advisable to check for any withdrawal fees associated with specific methods, as certain casinos may impose fees to offset transaction costs on their end.
FAQ
PhonePe is a digital wallet founded in India in 2015. You can either deposit through a browser or the PhonePe app which works for both Android, iPad and iPhone.
Yes, by default you’re depositing in Indian Rupees as you’re an Indian player using a payment method in India through UPI.
Since PhonePe is available through UPI there are no extra fees from the PhonePe. However, some online casinos can charge a small fee when you deposit. You’ll be notified in the cashier on the casino if that is the case.
Yes, deposits are instant and should show up right away in the online casino cashier.
Yes, most online casinos accept withdrawals through Netbanking so you just have to chose PhonePe and follow the steps to complete your withdrawal.
Keep an eye on any withdrawal fees and the minimum withdrawal amount. Some online casinos can charge a withdrawal fee but that will be displayed before you proceed with your withdrawal.
Most online casinos have a minimum withdrawal amount, this differs depending on the brand. Usually the minimum withdrawal amount is around ₹2000 on most of the casinos that we promote.
Withdrawals made with PhonePe will be instant and show up on your account shortly after completed. However, the online casinos might delay your withdrawal to check your verification documents so don’t worry if it would take a bit longer.
Most online casinos usually require some kind of verification documents to be able to identify you, this is done due to Anti Money Laundering regulations. You need to provide ID and a Utility bill that confirms your residential address.
Published on November 3, 2020 by Matt Brown. Last updated: February 11, 2024
