Modern technologies save us a lot of time. Thanks to them, we can not only play our favorite games and bet on cricket but also make payments and transfer money without leaving home. We can even fund our casino or bookmaker account anytime, anywhere. All we need is an electronic device, an internet connection, and special software. However, there is a problem with choosing the most reliable, fastest, and most useful software. PhonePe is one of the best.
PhonePe is an Indian payment system that allows you to pay online in real time. The application is easy. You can link your debit, credit card, or bank account to the software and manage it through the application, e.g. Pay goods or bills quickly and securely.
Read our review on how to use PhonePe and how to PhonePe Deposits at your favorite casino. We also list the pros and cons of this method.
About PhonePe
FxMart received its license to operate on August 26, 2014, and PhonePe was incorporated just over a year later. In April 2016, Flipkart acquired the company, and the FxMart license was subsequently transferred to PhonePe and rebranded as an E-Wallet.
In August of that year, they partnered with Yes Bank to launch their UPI-based mobile app. Within just three months of its launch, the app was downloaded by more than 10 million Indians. In 2018, this Indian payment app reached the fastest 50 million downloads in Google Play Store. Today the company is worth over $60 million.
PhonePe app is now available in 11 different Indian languages. The app has been downloaded over 100 million times and PhonePe payments are accepted at almost 18 million outlets across India including the top PhonePe betting sites.
Best Cricket Betting Accepting PhonePe Deposits
Crickex
Crickex is the only gambling site that even people who are not interested in gambling have heard about. It is arguably the most well-known and reputable betting site in India, so it comes as no surprise that they accept local deposit methods such as UPI, IMPS, Paytm and PhonePe.
Crickex allows its users to use both PhonePe, UPI and wallet to deposit funds! This means that PhonePe is one of the most popular PhonePe Deposits and withdrawal methods for regular Crickex customers.
Crickex is ideal for fans of sports betting, including Indian cricket. On top of that, it also offers a fairly well-developed live betting section as well as live streaming options, making it a favorite among punters who like to watch and bet at the same time!
Betway
If you’re a real sports betting fan then Betway is the place for you. This is because Betway has one of the most advanced and diverse sportsbooks compared to some other betting sites in India.
In addition, Betway also has a strong live betting platform. With some of the best odds in the online gambling market, Betway has managed to win the hearts of its users with its simple interface and regular promotions.
Finally, Betway makes it quite easy for Indians to deposit as they accept UPI. This makes it one of the most popular PhonePe games. Because of Betway’s reliable gaming experience, you’ll find yourself coming back for more!
Melbet
Melbet is a new and unique gambling site that accepts PhonePe, making it an ideal choice for Indian players. But what sets Melbet apart is the various sports betting and casino betting options!
Melbet comes with a variety of sports betting options and a very nice section dedicated to the burgeoning Esports betting niche! However, fans of casino games will not be disappointed either as Melbet offers a variety of fun games to bet on.
Melbet also rewards its users with a fairly generous bonus on top of their first deposit. You can choose from over 50 different deposit methods at Melbet. However, we recommend using UPI via apps like PhonePe!
10CRIC
Of all the betting sites available to Indians none is as cricket oriented as 10CRIC! This betting site values Indian players and has ensured that their cricket options are a class above all others. Almost every cricket competition you can think of is available at this bookmaker, from the IPL and International Test matches to the Asian and Momentum Cups.
Live cricket betting is an exciting experience with changing odds generated by the 10CRIC experts performing rigorous analysis. Their Power Odds feature games with enhanced odds and are a great way to earn a few extra rupees! No cricket matches in the game? Don’t worry – 10CRIC offers a total of over 40 different sports to bet on.
How to use PhonePe Deposits
To use PhonePe Deposits, all you need is your BHIM UPI PIN. All transactions made using the service on PhonePe betting sites are verified using this PIN, so it’s a good idea to have your mobile handy in case an OTP is needed.
How to open a PhonePe account
Before going to any betting site that accepts PhonePe payments, you need to download the PhonePe app, which again can be found on both the iOS App Store and Google Play. Once you’ve downloaded this, it’s very easy to register an account by following the instructions below.
The first step is to verify your mobile phone number with PhonePe. This must be the same number associated with the bank account you will be using. Enter the number and you will receive a one-time password (OTP). Enter the OTP and press Confirm to continue.
In the next step, enter your data. PhonePe only requires basic information like your full name and email address. You will also be asked to create a 4-digit password. Enter your details, create a password, accept the terms and conditions, then click Activate Account to continue.
Now you need to create your new Virtual Payment Address (VPA) which will serve as the username for your new PhonePe account. This VPA allows you to make payments on PhonePe betting sites without entering your account number.
With a new VPA, you can now proceed and link your PhonePe account to your bank account. Select your bank account and PhonePe will receive your bank details via your verified mobile number. Confirm your details and you’re almost done!
To authorize transactions, you must provide your BHIM UPI PIN. If you already have a BHIM UPI pin, you’re good to go.
For others, you must set one. From the account information, select Set BHIM UPI PIN. Create your BHIM UPI PIN by entering the last 6 digits of your debit card, the expiry date, and the OTP sent to your mobile device.
How easy was that? You can now go to the PhonePe betting sites and place PhonePe bets.
How to PhonePe Deposits on betting sites
PhonePe betting sites make depositing PhonePe bets very easy. In just a few taps you can be betting on the IPL or your favorite Premier League team before you know it!
Always remember that there are the minimum and maximum restrictions for PhonePe betting and always read the terms and conditions that come with a possible welcome bonus.
Choose from any number of PhonePe betting sites and register an account. Navigate to the Cashier section and select Deposits.
Choose PhonePe and enter your payment amount, email address, phone number, and sometimes a description. Proceed and you will be redirected to a payment gateway where you can use the 4-digit PIN to log into your PhonePe account. You will need to enter your BHIM UPI PIN to confirm the transaction.
If the transaction is confirmed, you are done. Most PhonePe betting deposits are instant, but some can take up to 3 hours to appear in your betting account.
As a UPI-based app, PhonePe allows you to deposit bets with more operators than you think. In addition to PhonePe betting sites, PhonePe can also be used for payments with operators that accept UPI or NetBanking.
Conclusion
PhonePe gambling sites allow Indian players to make secure deposits and withdrawals to their bank accounts. Transactions can be carried out very quickly with PhonePe and as a UPI-based service, PhonePe Deposits is widely accepted. PhonePe betting sites are one of the ways to bet on sports in India.
