PhonePe – How to use this Popular Payment Method at Indian Online Casinos in 2024
Before you register and play in online casinos that offer PhonePe as a payment method, make sure to read this guide first. Here, we review the pros and cons of using PhonePe, list the top PhonePe Casinos, and lastly provide step-by-step guides on how to register and make your deposits and withdrawals.
KEY TAKEAWAYS
💡User Base: Over 250 million registered users and 100 million monthly active users.
💡Casino Integration: Accepted by many online casinos in India, PhonePe offers a variety of gaming platforms to choose from
💡Security: Ensures transaction security with two-factor authentication and end-to-end encryption.
💡Rewards: Offers a broader spectrum of rewards and cashbacks across various categories compared to its competitors.
Top Rated PhonePe Online Casinos
PhonePe is an Indian digital payments and financial services company based in Bangalore, India. As of October 2020, the company has over 250 million registered users in India and 100 million monthly active users.
Below, you’ll find the three most widely popular Indian PhonePe Online Casinos. Each of these casinos offers PhonePe as a payment method. We have included details about their latest welcome bonuses, accepted payment methods, and convenient links for easy access.
01
POPULAR
200% Bonus up to ₹100,000 + ₹500 Free Bet!
Claim a 200% casino bonus up to ₹40,000 plus a ₹500 Free Bet when you make your first deposit at Casino Days.
- 20% cashback that is paid out weekly
- High value free spins
- Dedicated customer support
- Over 4000 games, including Teen Patti and Andar Bahar
- Personal VIP service for highrollers
02
POPULAR
₹90,000 available on first three deposits!
Choose between a deposit bonus of up to ₹90,000 available on the first three deposits, a ₹1,500 Live Casino Free Bet or ₹500 Sports Free Bet
- Generous Signup Bonus for new bettors available on the first three deposits
- Accepts all major currencies, including Indian Rupees
- Solid sportsbook, with exciting betting markets for cricket and Kabaddi
- Bonus for sportsbook and live casino also available
03
HOT
100% Up to ₹30.000 Sportsbonus!
For sports enthusiasts, the first deposit offers a 100% match up to ₹30,000. The casino segment offers escalating bonuses of 150%, 200%, and 250% on the first three deposits, each up to ₹25,000.
- 1st Deposit Offer. 150% up to ₹15,000 + ₹500 free bet. Code: CASINO – minimum qualifying deposit is ₹500
- 2nd Deposit Offer. 200% up to ₹20,000 + ₹500 free bet. Code: CASINO2 – minimum qualifying deposit is ₹500
- 3rd Deposit offer. 250% up to ₹25,000 + ₹500 free bet. Code: CASINO3 – minimum qualifying deposit is ₹500
Pros
PhonePe offers instant transactions via UPI, letting you focus on your games rather than payment delays.
With two-factor authentication and end-to-end encryption, PhonePe ensures that your transactions are secure.
PhonePe allows payments through various methods, including UPI, debit/credit cards, and mobile wallets, giving you flexibility.
With a large user base, PhonePe is accepted by many online casinos in India, offering you a variety of gaming platforms to choose from.
Cons
Using PhonePe could have potential legal implications if you’re playing on platforms that are considered illegal in your jurisdiction.
PhonePe is not as universally accepted as some other international payment methods, limiting your choice of international casinos.
PhonePe vs Google Pay
In the competitive landscape of digital payments in India, PhonePe and Google Pay are two of the biggest providers. But when it comes to choosing the right platform for an Indian player, particularly those interested in online gambling, which one takes the crown? Let’s quickly run through the key features both offer.
| Feature | PhonePe | Google Pay |
|---|---|---|
| Offers UPI, debit and credit cards, as well as mobile wallets. | ||
| Boasts a variety of rewards and cashback options across transaction types. | ||
| Has two-factor authentication and end-to-end encryption for secure transactions. | ||
| Allows transactions with Credit/Debit Cards and UPI | ||
| Widely accepted across diverse platforms, including online casinos. |
The main difference between the two payment methods that will be of relevance to a Indian player is that PhonePe offers a broader spectrum of rewards and cashbacks across various categories like bill payments, recharges, and merchant payments.
Google Pay does offer rewards, such as “scratch cards”, but the variety and frequency are generally not as extensive as PhonePe’s.
For an Indian player, both PhonePe and Google Pay come equipped with strong features across the board. However, if you prioritize a wider range of payment options and more frequent rewards, PhonePe nudges ahead. Google Pay, while strong in security and user interface, is almost on par but doesn’t offer as much variety in rewards.
Choose based on your specific needs, but for overall versatility, PhonePe has a slight advantage.
What is PhonePe?
Digital payments in India have been booming in recent years, with PhonePe as one of the payment players that benefit from this shift. Competing with Google Pay and Paytm, PhonePe has been strengtening up its own services to address the growing need for a secure and reliable online payment solution.
PhonePe is based in Bangalore, India, and it’s a payments company founded in December 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer. In April 2016, Flipkart acquired PhonePe, and the PhonePe app went live in August of the same year. In three months after its launch, the app was available on the devices of over one crore Indian users. And by 2018, PhonePe became the fastest Indian-based app to earn a five-crore badge on the Google Play Store.
Step-By-Step Guide: How to Register and Use PhonePe
Reasons for Using PhonePe
As we wrap up our review of PhonePe, we’d like to summarize some standout reasons on why, in particular, PhonePe may be a perfect choice for you when playing at online casinos:
Reasons for Using PhonePe
Frequently Asked Questions
Is PhonePe allowed outside India?
Yes, PhonePe’s Indian users can make UPI payments to select international merchants in countries like Singapore, UAE, Bhutan, and Nepal.
Can you use PhonePe internationally?
Yes, PhonePe allows its Indian users to make payments in foreign currency directly from their Indian bank accounts when traveling abroad.
Can we use PhonePe without SIM card?
No, you cannot install PhonePe without a SIM card, and it is linked directly to the SIM for transactions.
Can I use PhonePe if I don’t have a bank account?
No, you cannot use PhonePe without having an active and valid bank account.
