Betway is one of the world's biggest betting sites, and they are becoming increasingly popular here in India as well.
If you wanna take part in this growing trend and start using this betting site, you need to know how to deposit money on Betway.
In this article, we will explain all the different ways you can deposit on Betway, and recommend the best deposit methods for Indian players.
Betway Deposit Methods
Betway provides quite a few different deposit options that Indian players can use - but not all of them are equally good.
Some deposit methods are slow and come with high fees, while others are simple and have zero transaction fees at all.
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UPI allows players to make instant transfers from their bank accounts, as well as from Indian e-wallets such as Paytm, PhonePe, and Google Pay.
Unless you have been living under a rock, you’ve probably heard about UPI (Unified Payments Interface).
This instant real-time payment system is fast becoming one of the most popular payment tools in India.
There are more and more betting sites in India that accept deposits via UPI, and Betway is one of them.
This makes it super-easy for Indian players to deposit money on betting sites like Betway.
Depositing on Betway using UPI is, in our opinion, the best and fastest way to deposit money on this betting site.
With UPI, the money will be instantly deducted from your bank account.
You can also use it in conjunction with popular Indian e-wallets like Paytm, Phone, and Google Pay.
Deposit with Paytm, PhonePe & Google Pay on Betway
UPI enables Indian players to deposit with their favorite Indian e-wallets on Betway, such as PhonePe, Paytm, or Google Pay.
- To deposit on Betway using any of the above-mentioned wallets, simply follow these instructions:
Go to the deposit page on Betway and select NetBanking. Then type in the amount you wish to deposit and click on Deposit.
On the next page, click on UPI. This will allow you to select either Google Pay, Paytm, or PhonePe.
After making your selection, type in your VPA (virtual payment address) and click on pay.
You will then receive a notification on your smartphone to approve the payment.
After approving the payment, your money will be instantly available in your Betway account!
So if you’re a UPI user, we highly recommend that you deposit on Betway with UPI.
IMPS or Immediate Payment Service is an instant way to transfer money between bank accounts in India.
Unlike UPI, this service does not allow you to deposit via e-wallets such as Paytm and PhonePe - it is strictly between domestic bank account transfers in India.
Certain betting sites, such as Betway, accept deposits via IMPS, and it can be a great way to deposit for Indian players who have a bank account.
Depositing with IMPS on Betway is simple and fast.
Go to the deposit page on Betwan and select Bank Transfer. Then click on Continue and you will be redirected to a new page that contains all the transfer information you need.
On the next page, you will find the local Indian bank transfer details of Betway.
Type these details into your banking app and confirm the transaction. Then type in the amount you deposited and the transaction reference and click on Deposit.
The money will be deducted from your bank account and become instantly available in your Betway account!
On Betway, as well as on most betting sites, you can also choose to deposit with bank cards such as VISA or MasterCard.
If you have access to a VISA or MasterCard, using these for online purchases are often the fastest, cheapest and most convenient option.
It only takes a minute to whip out your bank card and pay for a purchase on Amazon or Flipkart.
- Unfortunately, using bank cards are a bit more complicated on betting sites in India.
Most banks in India are not happy about processing betting site deposits. There are 2 reasons for this:
First, the legal situation of online betting in India makes it unclear whether banks are even allowed to process betting transactions.
Secondly, banks are afraid of getting into trouble with the national regulator RBI (Reserve Bank of India) over sending Indian currency abroad.
Therefore, depositing on Betway with a bank card can be difficult, and we recommend that you stay away from this deposit method and use one of the many other options available to you on Betway.
The AstroPay Card is not a bank card but a virtual prepaid card that Indian players can purchase online.
Indian players can use the AstroPay card to deposit money on Betway. And there are numerous other betting sites that accept AstroPay cards.
We believe that the AstroPay card is a great deposit method for Indian players, because it is easy to buy, has zero fees and provides total anonymity for the user.
AstroPay cards can be purchased online on Astropay.com or via the AstroPay mobile app.
You can pay for your AstroPay card using a variety of payment methods such as PhonePe, Google Pay, Freecharge, JioMoney and much more.
After purchasing your AstroPay card, the deposit process works just like a bank card: You type in your card details and the amount you want to deposit.
The money will then be deducted from your AstroPay card and become instantly available on Betway.
Conclusion: In our opinion, the AstroPay card is one of the best betting deposit methods for Indian players!
Betway accepts deposit via Neteller, which is one of the most popular betting deposit methods in the world.
Neteller and its partner company Skrill are accepted on pretty much every betting site around the world.
Neteller has become a popular betting deposit option because it acts as a third party and facilitates easy transfer between bank account and betting site while providing anonymity for the user.
You can deposit money into your Neteller wallet using a variety of methods, including bank transfer as well as UPI transfer.
The main drawback of using Neteller is the fees. They charge 2.5% every time money comes into your Neteller wallet. They also charge 1.45% for every transfer you make.
So as you see, the fees can really add up and eat into your betting budget.
But if you’re determined to deposit with Neteller, it’s fairly simple and straightforward to do.
Skrill is a deposit method that’s very similar to Neteller. The two services are actually owned by the same company, known as Paysafe Group.
Just like Neteller, Skrill is accepted on pretty much every betting site in the world, including Betway.
- Depositing on Betway with Skrill or Neteller is really simple.
You go to the deposit page and select Skrill. Now, type in the amount you wish to deposit.
You will then be redirected to the Skrill website and asked to log in with your Skrill credentials.
When you are logged in, Skrill will request a confirmation of your deposit to Betway.
After confirming the transfer, the money will be taken from your Skrill account and becoming instantly available in your Betway account.
The same fees apply as on Neteller. The 1.45% transfer fee will be deducted from your balance when you make a deposit to Betway.
What is the best way to deposit on Betway?
We have now covered all of the important deposit methods available on Betway.
Each of the above-mentioned deposit methods are safe and reliable to use. You simply need to choose the method that works best according to the means you have available to you.
There are a few other deposit options available on Betway that we do not recommend. These are:
We don’t recommend these options for a variety of reasons. Either they don’t accept Indian Rupees, their fees are too high, or they simply don’t accept clients in India.
Therefore, we suggest that you choose one of the best deposit methods we have listed above.
Not sure what deposit method to use? Try UPI!
UPI is one of the fastest and cheapest ways to transfer money in India, and it's available to all Indians.
So if you're still not sure how to deposit on Betway, we recommend that you try UPI!
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