The Best Visa and MasterCard Betting Sites in India
The two most popular and the largest payment processing networks in the world are Visa and MasterCard These companies manage all the transactions of your credit, debit, or prepaid card. They are the mediators between you, your bank, and your retailer. They can be used to buy anything wherever card payments are accepted, be it in any stores or online markets. Each of them offers various benefits, rewards as well as security schemes that protect you from fraud when you shop online. In India, these are also the most popular methods at the Visa and MasterCard betting sites.
Safety of Visa and MasterCard
Banks issue different types of debit and credit cards; and also associate fees, charges, interest rates, etc. with them. As any one of the above-mentioned companies handles our transaction data, the safety of our transactions is looked after very well. Encryption of important data ensures that your transactions and card details are not copied elsewhere. At the Visa and MasterCard betting sites, security is added to your transactions through the two-factor authorization or one-time codes. If there are any frauds, these companies offer consumer protection to our funds.
Usage of Visa and MasterCard Credit Cards
Many Visa and MasterCard betting sites that accept punters from India are regulated by the British. In April 2020, UK announced a ban on credit card gambling aiming to minimize the risk of significant financial harm. This ensured that the punters bet an amount that they can afford, instead of betting more. It was followed by a UK Gambling Commission of online gambling habits.
This, credit cards are no more accepted by these UK-licensed betting sites; but you can still make use of debit cards or prepaid cards.
How can I get a Visa or a MasterCard?
Different financial institutions and banking requirements that you have will affect the type of Visa or Mastercard you receive. There are several ways to obtain any of these cards.
- Visa & MasterCard Prepaid Cards: If you are afraid of losing their privacy or still prefer monetary transactions with cash, prepaid cards might be the best option for you. They can be used at many other Visa and MasterCard betting sites. As they are not connected to your banking account in any way, you don’t have to worry about your private banking information getting stolen during transactions at the betting sites. These cards are offered by retailers throughout India and can be purchased with cash. They are also available in their virtual or digital form.
- Visa & MasterCard Debit/ Credit cards: To have a Visa or MasterCard, you can apply to any major Indian bank. For a credit card, the application can be made online or in-branch. You need the below-mentioned documents to apply for a credit card:
- ID card
- Proof of income
- PAN card
- Aadhar card
The eligibility for your Visa or MasterCard will be decided after all the above documents are verified, and after your credit score is generated.
How to make Visa and MasterCard betting deposits?
To make a betting deposit, go to your preferred Visa and MasterCard betting site. Then follow the steps stated below:
- Login to your betting site account. In the cashier section, select ‘Payments’ or ‘Deposits’.
- Select the card type and then enter the amount you want to deposit.
- Enter your card details such as your card number, expiry date, CVV, and your name on the card.
- An OTP will be sent to your associated device according to your bank or the type of card you have.
- After entering the OTP, the amount is deposited in your account within no time.
How to make Visa and MasterCard betting withdrawals?
Withdrawal in these sites is an easy process similar to making a deposit. But before making your first betting withdrawal, a KYC (Know your customer) procedure must be completed. The regulated Visa and MasterCard betting sites have made it compulsory for anti-money laundering and compliance legislation. This is a simple one-time procedure and does not take much time.to make a withdrawal:
- Login to your account. In the cashier section, select ‘Withdrawals’.
- From the payment options, select Visa or MasterCard. Enter the amount you want to withdraw.
- Enter your card details.
This, your withdrawal is done. But as some of these are slow, it may take up to 5 days for your money to return to your account.
These sites have a fixed limit to the maximum or minimum amount of money you can deposit or withdraw.
Best Betting Sites That Accept Visa & MasterCard
Many Indian betting sites allow cards from these payment networks, but the ones mentioned below are considered to be the best among all:
- Rajabets: This site is one of the largest international Visa and MasterCard betting sites in India, has many features, offers a variety in sport selection, has vast markets and multiple betting options. Its live betting market and live sports streaming make it well suited for in-play betting. All payment methods can be done in rupees, thus making it appealing to Indians.
- Royal Panda: You can make payments in rupees on this Swedish betting site too. It offers various sections for its user, such as Live Mode, Live Multiview as well as Event View. Also, you can choose from several markets as well as various betting options.
Best Cricket Betting Sites That Accept Visa and MasterCard
Considering the hype of cricket in our country, betting sites offer sections dedicated to cricket. These are the best two cricket betting sites accepting payments from the two networks:
- Rajabets: This betting site is focused especially on cricket and has high standard cricket options. All the cricket competitions such as the IPL, International test matches, and many more are available for betting on Rajabets. For live betting, this site provides expert analysis for different sports. Other than cricket, 40 sports can be bet upon.
- Melbet: This site has 100 different markets just for cricket. The special feature of this site is that you can live stream cricket matches while making one-click bets on them. Alongside cricket, there are 200 sports and a huge number of markets for you to bet on. Therefore, MELbet becomes one of the best Visa and Mastercard betting sites.
This, all these sites make betting a fun experience by giving you the freedom to choose from various markets and sports according to your likes and interests.