There was a strong surge of Indians engaging in online gambling services including gaming and betting. It is due to local operators to introduce a new payment method. The said payment method is equipped with localized currency.
Localized Currency Payment Method for Online Gambling
The new localized currency payment method offered on online gambling services in India is Netbanking. It is proven to be a quick and convenient payment method. Indian players are looking to bet and wager online on online casino games such as slots and live dealer casino.
Netbanking also is showing not only offering flexibility when making deposits but also offers instant bank transfer. It is a service that is not available in many of the payment options. The convenient gambling payment solution integrates UPI as standard. Wherein it allows the use of Paytm, PhonePe, and GPay.
With low depositing limits from as little as 12 Euro or 1000 INR, Netbanking shows no signs of slowing down in India. Which it has a population of 1.35 billion and the potential to be one of the largest markets in the world.
Online gambling operators in the South Asian nations are experiencing rises up to 500% within the last month. Partly as a result of the new payment method integration.
Netbanking provides a channel for gambling online safety with Secure Access. It is an extra security solution implemented by HDFC Bank. This is a simple three-step protection procedure for online transfers or transactions.
