1xBet is one of the largest international betting sites in the world. They are famous for the incredibly large and diverse selection of games and features they offer. You can find so many different games and betting options on 1xBet, from Kabaddi to Cricket and casino games. Indeed, every player will find his game on 1xBet!
How to deposit with PhonePe
In this guide, you will learn how to deposit money on a betting site in India using PhonePe
Betting Sites that Accept PhonePe Deposits
|Website: www.1xbet.com||Founded: 2011|
|Owner: 1X Corp N.V.||Headquarters: Cyprus|
|Website: 10cric.com||Founded: 2012|
|Owner: ZapZap Marketing||Headquarters: Cyprus|
10Cric is an international with a strong focus on the Indian market. 10Cric offers a unique and user-friendly sportsbook filled to the brim with cricket betting options (along with many other sports). They also have a superb live betting platform and even an online casino. You need to check this site out!
Betting Site Rated: Highly Recommended ⭐Read full review
Deposit with PhonePe on a betting site
Have you ever wondered whether or not you can fund your betting account with your PhonePe app? Perhaps you have tried before but didn't have success?
You can deposit money on a betting site with PhonePe, and it's actually very simple!
In this guide, we will share all the details with you!
At the moment, only a handful of bookmakers in India list PhonePe as part of their payment methods, but that is not a true representation of PhonePe as a deposit method in Indian betting sites.
You can actually transfer money to many more bookmakers via PhonePe, even if the app is not included on their deposit pages by using the UPI option.
In this article, we will shed more light on PhonePe as a deposit method, and give you a comprehensive guide on how to fund your betting account via this very popular app.
- No fees when depositing with PhonePe
- Allows transactions in Indian Rupees
- Secure and reliable: regulated by Reserve Bank of India
- Multiple payment options: UPI, bank transfer, bank card, etc.
- Transfers are not instant but may take up to 3 hours to arrive
- Account setup and verification can be complicated due to Indian laws and regulations
FAQ About How to Deposit with PhonePe
Many readers have sent us questions about how to deposit with PhonePe on a betting site in India. Here are some of the most common questions we get.
❓ What is PhonePe?
PhonePe is a hugely popular mobile money application from India and it's used by millions of Indians on a daily bases. If you haven't already used PhonePe, now is definitely the time to get started.
You can use PhonePe for so many different things, such as sending money to friends and family, paying for groceries, bills, and even deposit money on a betting site, which is what we will be showing you how to do today!
🤷🏽♀️ How do I deposit with PhonePe on a betting site?
Making a deposit on a betting site with PhonePe is super easy. We will show you how it's done!
Depositing money on a betting site with PhonePe is just like sending money to any other merchant.
You simply sign up on a betting site that accepts PhonePe deposits, and then you follow the on-screen instructions.
💰 Do I get a welcome bonus when I deposit on a betting site with PhonePe?
Yes, you can get a nice big welcome bonus when you deposit money on a betting site using PhonePe!
Actually, most betting sites will give you a welcome bonus regardless of what deposit method you are using.
So whether you choose to deposit with PhonePe, Paytm, Online Banking, or AstroPay, you will receive a nice and generous welcome bonus.
⚖️ Is it legal to deposit money on a betting site with PhonePe?
Yes, it is legal to deposit money on a betting site using PhonePe.
Players from India can safely, swiftly, and legally transfer money to a betting site through PhonePe.
💲 Is it expensive to deposit money with PhonePe on a betting site?
No, it is not expensive to deposit money on a betting site with PhonePe - it's actually quite cheap!
PhonePe does not charge it's users any fees for setting up an account or when making transactions.
The betting sites also do not charge any fees when you deposit with PhonePe.
Your bank may choose to charge a small nominal fee when you make a PhonePe transaction, but it's usually very small.
⌚ How long does it take to deposit money with PhonePe?
When you send money with PhonePe to other PhonePe users, the money arrives instantly.
However, because most betting sites use an intermediary PhonePe account, they first need to validate your transaction before the money is deposited on your betting account.
Therefore, you should expect to wait up to 3 hours before your PhonePe deposit appears in your betting account.
🔒 Is it safe to deposit with PhonePe?
PhonePe is approved and regulated by the Reserve Bank of India.
In other words, it's absolutely safe to use PhonePe, as your money is guaranteed by our national bank.
You can feel confident that your money is in safe hands when you deposit with PhonePe.
💵 What is the minimum and maximum deposit limit of PhonePe?
The minimum amount you can deposit on a betting site with PhonePe is Rs. 500.
The maximum amount you can deposit on a betting site with PhonePe is Rs. 20,000.
So if you're thinking about depositing a larger amount, then you will either have to make several deposits, or find a different deposit method.
For larger amounts, we recommend that you deposit with online banking.
How to Deposit on a Betting Site with PhonePe
Now that you know the benefits and the drawbacks of using PhonePe, let us now take you through the process of depositing money into online bookmakers with this payment method.
Open a PhonePe Account
To open a PhonePe account, the first thing to do is to download the PhonePe app.
You can download the app directly from the PhonePe website, or by visiting the Google Playstore or the app store, and searching for PhonePe. As long as you have a decent internet connection, downloading the PhonePe app should be pretty breezy.
When the app is installed on your phone, you should proceed to register an account. Opening a PhonePe account is done by the following steps:
- Verify your phone number
The first step in your PhonePe registration is to provide your phone number. Make sure the number you enter is the one linked with your bank account. PhonePe will send a one-time-password to your phone number. Enter it and click "Verify" to proceed with your registration.
- Fill in your personal details
After verifying your number, PhonePe takes you to another page, where you will be required to fill in your full names, email address, and create a four-digit password. Supply these details, accept the terms and conditions, and click "Activate Account".
- Create new VPA
The next step is to create a new Virtual Payment Address (VPA). Consider the VPA as the username for your account, which allows you to send and receive money without having to type in your account number.
- Link your bank account
After creating your VPA, go on and select the bank you want to link to your account. When you select your bank, PhonePe will automatically fetch your bank details (using your verified phone number). Confirm these details and boom, you can start using your PhonePe app to send and receive money!
Note that you need to authorize every transaction by providing the BHIM UPI PIN. If you have never set a BHIM UPI PIN for your bank account, you will see a “Set BHIM UPI PIN” option under your account details.
To create the PIN, you will be asked to enter the last six digits of your Debit/ATM card, the "Expiry Date", and the one-time-password sent by your bank for verification. Each bank account has a unique UPI PIN.
Start paying with PhonePe!
Now that you have completed the abovementioned steps, you're ready to start using PhonePe.
You can use it to pay for your everyday necessities, pay bills, buy electricity, gift cards, gold, and of course, deposit money on a betting site!
There are several ways that you can pay with PhonePe. Here are the 5 most common ways to do it.
- Direct-Debit using UPI
This payment method involves the direct transfer of money from your bank account to the recipient through the BHIM UPI service.
- Debit and Credit Cards
When you select this option, all you have to do is to fill in your card details and complete your transaction.
- External Wallets
PhonePe is into partnerships with external wallets like Freecharge, Airtel, and JioMoney. These wallets have their apps built into PhonePe. So if you have accounts with any of these wallets, you can make payments with them via the PhonePe app.
- PhonePe Gift Card
You can purchase a separate Gift Card on PhonePe and use it for all your shopping needs. Gift card amounts range between 100 and 10,000 Rupees.
- PhonePe Wallet
PhonePe also has its own e-Wallet, which allows you to store money and use the cash whenever the need arises. You can fund your PhonePe wallet from your bank account using either UPI or your credit/debit cards.
Deposit money on a betting site
We will now show you how to deposit money on a betting site in India using your newly activated PhonePe account
Betting Sites that accept PhonePe
How to deposit money on 1xBet using PhonePe
1xBet uses an intermediary PhonePe account to facilitate the deposit. You have to send money to that account, and request that the funds be deposited into your 1xBet betting account.
Let us do a step-by-step example of how to deposit money on 1xBet with PhonePe:
- Log into your 1xBet account
- Click on "Deposit" from the home page
- Select PhonePe from the list of deposit options
- Fill the form that pops up. Usually, you are asked to supply your deposit amount, your PhonePe number and your PhonePe name.
- Click “Proceed”. This means you have "requested a deposit" from 1xBet
*When you click proceed, the intermediary PhonePe account will appear on the next page. This is where you are to transfer the money you intend to deposit. The account usually has a name, an email, and most importantly, a PhonePe number.
- Save the number of this intermediary account in your phone contacts.
- Open your PhonePe app
- Select "Transfer" from the PhonePe home page
- Select the intermediary PhonePe number you have saved in your contacts
- Confirm your deposit amount and choose your preferred payment method (debit cards/credit cards, BHIM UPI etc.)
- Click "Send" to complete the transaction
You have successfully transferred money to the 1xBet intermediary PhonePe account.
Ideally, your betting account should be credited instantly, but should there be a delay, you can always contact the bookmaker via email.
1xBet makes it simple to deposit money and offers an awesome online betting experience!
With their enormous sportsbook and online casino, 1xBet gives customers a plethora of options to bet on.
You can register on 1xBet now and claim one of the biggest welcome bonuses in India!
Here are some of the best deposit methods on 1xBet: including PhonePe
How to deposit money on 10Cric with PhonePe
The Indian online betting site of 10Cric has always been a market leader when it comes to offering the best deposit methods for Indian players.
Therefore, it came as no surprise when they were also among the first to launch PhonePe deposits for Indian players.
Depositing on 10Cric with PhonePe is both quick and easy. We will show you how it's done:
- Log in to your 10Cric account and navigate to the deposits page
- On the new page that opens up, fill in your deposit amount, description, email, and phone number, and click "Proceed".
Important: According to 10Cric, the description should always be "POKER" whether you intend to play poker or not!
- You will see a payment gateway which gives you the options of paying with your debit card, bank account, UPI or other
- In the dropdown menu, select the "Wallet" option.
- Choose "PhonePe" from the next set of options and click "Pay Now"
- Log into your PhonePe account to complete the transaction
10Cric covers a great array of sports, including cricket, (as the name suggests!) so feel free to sign up on the site to enjoy all of their wonderful features.
You also get to benefit from a nice and generous welcome bonus on your first deposit as a new customer!
Deposit with PhonePe through UPI
Although PhonePe does not appear as a payment method on many sites, you can still deposit money on many betting sites with your PhonePe app. This is because PhonePe is a UPI based app.
Hence, you are able to make payments with the PhonePe on any betting site that accepts UPI payments.
As you may have noticed, many sites in India list UPI as part of their deposit methods. It is presented as NetBanking/UPI on some sites.
All you need to do is to click on the deposit option and follow the payment instructions. You will need to open your PhonePe app to authorize the transaction.
You can also deposit money via PhonePe if you know the bookmaker's UPI ID, bank details, or IFSC code. Luckily, some betting sites provide us with this information. This funding process works very similarly to the 1xBet example we gave above where you request a deposit by transferring money into an intermediary bank account.
You can then transfer money into this account via PhonePe. Once the bookie receives the funds, the amount will be credited to your betting account.
You can deposit with PhonePe through UPI on Betwinner, along with a few other betting sites in India.