Neteller is one such e-wallet that does stand out from the crowd though, which is why it is among the top options for those looking to deposit and withdraw from online gambling sites.
Among the most established payment providers of its type, the use of Neteller is likely to continue to expand in the coming months and years.
But if you have never used Neteller for online gambling before, what do you need to know?
Learning how to use Neteller or other E-wallets is essential for gambling if you are an Indian resident. When it comes to gambling legally in India, one of the biggest challenges is finding a safe, legal and secure method of depositing and withdrawing money to gambling sites.
E-wallets are by far the best option for depositing and withdrawing money, but only some e-wallets are accepted by legal gambling sites. Neteller and Skrill are our recommended options.
After deciding which betting site or Indian online casino to use, check that Neteller is included on their list of approved payment methods.
If you do not already have a Neteller account, signing up to get one is the next step. The official Neteller website is the best place to do this, with a simple form needing to be filled in.
Users will then have to go through the verification process. It is usually necessary to verify a Neteller account via email and mobile phone before it will be ready to be used at online sites.
After joining Neteller, it will be possible to use the account to deposit money into a betting site or online casino in India through the same way as other payment methods, through the cashier.
Depositing with Neteller is quick and easy for those who are among the millions of people who have signed up to get an account with the e-wallet.
With deposits made instantly, it means it is possible to rapidly get up and running by playing casino games such as roulette or placing a bet on the latest Indian Premier League action.
Just decide how much money you want to deposit - limits may be in place on some sites - and connect your Neteller account up to your online gambling account in order to get started.
Doing this is easy, just follow the on-screen process through the cashier on your chosen site.
It is also a simple process to withdraw money with Neteller, which helps to make the e-wallet one of the most popular options among the various payment methods that are available.
Again, use the cashier on your chosen betting site or online casino in India, inputting how much money you would like to withdraw through the account.
A key benefit of withdrawing with Neteller is the speed at which such transactions are processed. Users get their hands on their money a lot faster than using VISA or Mastercard.
Neteller is free to sign up and create an account, while also being the most widely accepted payment method for all online betting sites and casinos. You can also use Skrill, but both offer essentially the same service and product.
Neteller users will find there are many advantages to selecting the e-wallet, including these:
Neteller offers a safe and secure service for managing your money on online gambling sites. Neteller allows you to spend your money without needing to give your bank account or card details to the gambling sites.
Neteller is easy to use and setup, and if you run into any issues, you can use the contact form, phone number, or live chat. Also, almost all gambling sites accept deposits and withdrawals using Neteller for free.
Of course, some downsides are in place too. The man cons of using Neteller on a betting site in India include the following:
Players must decide if the cons of using Neteller on a betting site in India cancel out the pros that we picked out above when deciding which payment method to use for gambling online.
Neteller is an eWallet that has been around since 1999 and has over 230 million account holders worldwide. It is free to create an account, and you can use the app which is available on GooglePlay and the App Store or use their desktop site.
With over 20 years of experience, Neteller is one of the safest e-wallets that is available to use in India.
Neteller and Skrill used to be two of the top rivals in the world of e-wallets but they are now part of the same company, a British firm by the name of Paysafe Group.
This has helped Neteller to become one of the most dominant e-wallets in the world and most online casinos and betting sites in India now allow it to be used as a payment method.
With more than 25 major currencies available to use with Neteller, the e-wallet is a fantastic choice for anyone who plans to move their money around the internet.
It is also crucial to be able to use rupees with Neteller as this avoids falling foul of any of the strict currency conversion laws that are still in place in India.
Creating a Neteller account from India is quick and easy.
Neteller accepts several payment methods for uploading, withdrawing and transferring funds.
For all transactions involving currency conversion, Neteller adds 3.99%
Occasionally, online casinos and betting sites in India place restrictions on the payment methods that can be used to claim the bonuses and promotions they offer to users.
Unfortunately it is often the case that e-wallets like Neteller are included on the list of payment methods that are restricted from qualifying for bonuses.
It might therefore be better to join a site with an alternative payment option before switching to Neteller after claiming the bonus.
Countless people use e-wallets like Neteller at Indian betting sites without having any issues with safety and security.
Indeed, e-wallets are often considered to be safer. This is due to the fact players do not have to share their banking information with online casino sites that might be targets for hackers
Like all available online payment methods for gambling in India, there will be limits in place for the amount of money that can be deposited or withdrawn in the same transaction.
Each online operator has its own limits, so it is recommended to check our operator reviews before signing up for an account.
The best way to sign up for a Neteller account is by using the company's own website.
It should be a quick and easy process to go through, despite the verification that is needed, giving people the chance to start playing their favourite online casino games on their chosen site in a matter of moments.