It is not a gross exaggeration to say that the Indian masses freaked a little when we heard rumours floating around that UPI transactions would now incur a fee if done through any third-party UPI app (like Paytm, GPay, PhonePe etc.) other than BHIM. It’s natural for people to react badly to this so-called news because most of us (post-demonetization and post-COVID) rely heavily on UPI payments nowadays.
But, there is no cause for alarm. These rumours are just that – utterly false, at least for now. The “news” that UPI transactions would now incur a fee has been falsified and the Indian government has come out and said that no such thing will happen in the near future. Isn’t that a huge relief? We can happily continue using Google Pay or Paytm or PhonePe for our UPI payments (because who uses the BHIM app, right?) without the fear of a fee.
But the question remains – does this also stand true for UPI casino sites? Long have online casino players wondered – will there be a transaction fee for UPI payments? The answer is no, there will not be any transaction fees incurred while depositing money on an online casino site. This is true for the present and the foreseeable future, at least.
UPI has quickly grown to be the favourite payment method for casino players in India. Since the online casino industry has grown exponentially in the past couple of years (ever since the lockdown happened), it’s only natural that people are drifting more and more towards the most convenient (not to mention the fastest) way to deposit money in their online casino wallets.
UPI casino payments are of two distinct types – a manual system and an automatic transaction. In the manual system, the user has to make a UPI transaction to the casino site’s ID and then upload a screenshot of the transaction (along with the transaction details) and wait for the money to get added to their casino account. The waiting time can range a few hours and can be slightly annoying. But the automatic transaction lets you add money instantly, the very minute you complete the UPI payment through a QR code or UPI request that the site sends.
You can expect zero transaction fee for both the methods mentioned above. UPI casino sites are many in number but not all of them are safe and secure. You should always be very careful and pick out an online casino that’s legitimately operating in India (run by an offshore company with a valid license) before you make any payments through UPI or other methods. You should also keep in mind that online gambling should be done recreationally and responsibly.
Disclaimer:
The following stories and anecdotes related to casinos and gaming are intended for entertainment purposes only. The events, characters, and situations portrayed in these stories may be based on real-life experiences, but they have been altered or embellished for dramatic effect. We do not condone or encourage any illegal or unethical activities related to gambling, and we strongly advise our readers to gamble responsibly and within their means. The opinions and views expressed in these stories are those of the individuals sharing them and do not necessarily reflect the views of the casino or gaming industry. By reading and engaging with these stories, you acknowledge that you are solely responsible for any decisions you make regarding gambling and that you will not hold the authors, publishers, or anyone associated with this content liable for any losses or damages resulting from your actions.
