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With the developing technology, several companies are now offering convenient ways to help you deposit and withdraw your funds in your online casino account. Some popular payment gateways include e-wallets that facilitate secure transactions without you exposing your bank account details. You can even pay using cryptocurrency, ensuring safe and anonymous payments.
In India, one of the ways you can deposit and withdraw your casino funds is through Airtel. Known as one of the country’s largest telecom providers, the company now offers cashless transactions through its digital wallet called Airtel Payments Bank. Read on to know more.
What You Need to Know About Airtel Payments Bank
Launched in 2017, Airtel Payments Bank aims to give every Indian access to an effective and trustworthy banking experience. This digital wallet provides the essential financial services to its customers, including cash deposit/withdrawals, utility bill payments, mobile recharges, and more. By using Airtel Payments Bank, you can also make the most of the following benefits:
- Easy accessibility to banking services as long as you have over ₹5 banking points
- An annual interest rate of 4%
- Free personal accident insurance cover of ₹1
- No minimum balance requirement
- A virtual debit card
You can also enjoy bonus promotions as an Airtel Payments Bank user. The bank rewards its members with up to a ₹100 cashback on their first transaction. Digital wallet holders can even get a ₹50 cashback when they reload their phone via Airtel Payments Bank.
How to Use Your Airtel Payments Bank Account
There are two ways to create an Airtel Payments Bank account. You can either sign up online or go to any banking point in the country. Both methods require you to have a registered mobile number and a government-issued ID, such as your passport or driver’s license. The best part is that you do not have to pay any amount for opening an account.
After Airtel verifies your account, you can start topping up your casino account through the digital wallet. The bank then processes your deposit and credits the money to your casino account instantly. Withdrawals, meanwhile, follow the standard 24-hour processing from the bank on top of the casino’s processing period.
Sadly, only a few casinos such as BetWinner and Betin accept bettors residing in India. But if you are a player in that country, you can be sure that you will experience effective transactions thanks to Airtel Payments Bank.