Do you want to use a casino payment app that is quicker than net banking transactions? One of the newer ways to experience seamless and instant payments at gambling sites is playing at a WhatsApp Pay casinos. But to realize this UPI mode, you may have to wait a while as it is still in the nascent stages.
UPI or Unified Payments Interface, launched in 2016, has become popular in recent times. It currently has around 1.3 billion users. It is an RBI-regulated real-time payment system designed in such a manner that lets you transfer funds instantly. You can link your bank account and send or receive money from anyone who uses UPI.
WhatsApp Pay is a UPI application, introduced in 2018, still in its infancy. That said, it will no doubt become one of the most viable payment methods out there for Indian online casino players in the near future.
When you play at a WhatsApp Pay deposit casino, you don’t have to worry about the app sharing your personal data with third-party sites. Because, app maintains its user privacy and security.
WhatsApp Pay has got the approval of the National Payments Corporation of India – meaning you can expect more freedom and safety with this highest security stamp. That means when the time comes for you to play at WhatsApp Pay casinos, you make fund transfers through a secure and private network.
WhatsApp Pay was integrated into the UPI-machinery in 2020. At first, 20 million out of the entire 400 million Indian WhatsApp users got to use it. Local banks, both public and private players like SBI, HDFC, Axis, and ICICI, support the interface.
WhatsApp is one of the more commonly used chat apps in Indian households. It has its presence felt in more than 180 countries. As of now, there are over 2 billion WhatsApp users worldwide. It began as a free messaging system, an alternative to SMS, but slowly introduced video and voice calling features.
Of late, messaging apps are turning into direct payment applications facilitating transactions between online merchants and users. They have the potential to drive e-commerce sales. WhatsApp also is the same – it launched its payment feature, WhatsApp Pay, in India and Brazil. Facebook-owned WhatsApp now provides only peer-to-peer transactions in Brazil.
You can transfer money on WhatsApp Pay in India, while the in-chat payment service involving online vendors is still not available. However, there is much talk about WhatsApp Pay casinos coming into existence soon enough.
All you need to use the payment mode is WhatsApp, which is probably already installed on your smartphone, and you use it almost daily.
However, finding online casinos that accept WhatsApp Pay is easier said than done. Even top-rated gambling sites like PureWin may not be offering WhatsApp Pay online slots and other games. But they may have several different payment options.
While the usage of WhatsApp Pay is clear and simple, the payment platform is yet to see major takers.
Per WhatsApp inside sources, the company’s main focus now is to make the payment app interface straightforward and easier to use to a broader demographic. The messaging service company is not in a hurry to make the payment app the biggest in the country but instead improve its long-term strategy to gain lifelong users.
Today, WhatsApp Pay processes peer-to-peer (P2P) financial transactions. Soon, you will be able to see peer-to-merchant payments with an increased market share and a strong merchant acquisition campaign. These establishments will include WhatsApp Pay casinos and operators.
Although using the app is a smooth customer experience, the makers are delaying its rollout to various segments. To date, they have not even started daily payments like mobile recharges or gas bills, online retail shopping, and booking digital streaming of entertainment products.
Unless the social messaging and payment app company stops holding off full-scale financial offerings, there is nothing more to do but wait to find an online casino with WhatsApp Pay.
To understand why it is perhaps too early to search for the best WhatsApp casino in India, it is better that you have a quick glance at the following numbers.
Comparatively, Walmart-owned PhonePe, another UPI app in India, managed to cross the 1-billion mark in transactions in March 2021. It also amounted to 44% of all UPI transactions in volume. Next comes Google Pay, followed by Paytm. The internet giant WhatsApp is nowhere close to claiming a significant chunk of market share.
As soon as the best online casino WhatsApp Pay satisfies itself with the growing numbers in WhatsApp Pay revenue, there is no doubt that it will be the first to include the feature and lead other casino operators in the Indian gambling market.
There is no reason that you should refrain from learning about what to do when you see your favorite payment app at an online casino.
So, here is what you should know:
You may already be familiar with the payment services offered by Paytm, GPay, UPI, etc. Likewise, it is crucial to set up an account before you start wagering at a casino with WhatsApp Pay.
When you play at the best online casino WhatsApp Pay, it is understandable you want to earn real money. So, you may also need to invest before wagering.
There is no processing charge for your transactions at online casinos that accept WhatsApp Pay. During deposits and withdrawals, the casino levies no fees. However, the bank may charge you, but there are no hidden costs; everything is transparent.
The ongoing limit for WhatsApp transactions is INR 1 lakh. It may change in the future, but if you want to win at progressive jackpots or other massive tourneys, you can always choose another payment mode. These include Paytm, GPay, PhonePe, Skrill Neteller, etc. Learn more about each and how you can benefit from using them at online casinos with real money in India.
Most importantly, we believe that you are in for a few surprises, such as WhatsApp Pay casino bonuses. It is not too far-fetched for us to imagine this because several reputable casino operators provide valuable bonuses and other promotions for punters who use innovative and convenient digital payment platforms. Why will they leave behind WhatsApp Pay?
But not every casino bonus amounts to the same value. Some also carry hefty wagering requirements that may make you wonder why you have accepted a specific reward in the first place.
Either way, it is wise to equip yourself with casino knowledge to take full advantage of any payment service or bonus offer. Watch this space for more info!