These days, making payments with cards seems to be one of the easiest and fastest ways to get money into gambling accounts. However, this method comes with risks, and many skeptics have issues sharing their personal information on the internet. As a result, many casinos and players alike have started developing innovative ideas on making payments for safe online gambling.
One of those safe methods is to use PayU. With PayU, you get to pay with your card and not share your card information. The technique is just as fast as using credit cards, and more importantly, it affords you an extra layer of security that does not come with credit card payments.
In this piece, we will see what PayU is and the opportunities that this payment method holds for punters in India and the rest of the world.
What is PayU?
PayU is the name of an electronic payment service, a division of another multinational company called Naspers. Although Naspers has been around since 1915, PayU started operations in 2020 from its head office in Hoofddorp in the Netherlands. Since then, the company has continued to grow, and now they have a strong presence in 16 major markets of the world. These markets include Africa, Latin America, Asia, the Middle East, and Europe. Today, the company has more than 1,800 employees that work with more than 200,000 of their customers across the globe.
Interestingly, they run the same service across the globe. Whether you are in India or the USA, you have a variety of options to fund your account and pay to as many gambling sites as you want.
How It works
PayU works in diverse ways since you can use the method to pay for several things. However, when it comes to gambling, PayU is the same across all online casinos.
The first step is to sign up for the service on their website. Then, PayU will need you to register a debit, credit, or bank card with them on the website. Sharing the details of your card with them is a one-time thing. The moment you have created your account and upload your card’s details, you will only need your PayU details whenever you need to make payments.
In India, things are even more impressive. PayU allows residents of India to sign up for their PayU wallet. This unique wallet program will enable you to fund your account using various sources to manage your gambling account better.
After this is done, you need to find online casinos with PayU as a payment option. Register with one of your choices and select PayU from the list of accepted payment options. The casino would request your PayU details and the amount you wish to deposit. Ensure that you fill in the details correctly. In a matter of minutes, you should see the funds in your casino balance.
The beauty of using PayU in India is that the wallet option allows you to withdraw your casino winnings. With your money in the wallet, you can either withdraw it to your bank account or send it to your bank account.
Benefits of Using PayU
The significant advantage PayU gives its users is that it combines the speed of regular credit card payments with an extra layer of security. In addition, the following are some opportunities PayU offers punters in India:
- The service acts as a secure bridge between your card information and the websites you play your games.
- Since you share your information only with PayU, you can reduce unauthorized access to your account, theft, or identity fraud.
- You do not need to store up so many numbers from your cards to make payments with PayU.
- The payment is fast
- You can withdraw using the wallet withdrawal option.