iGaming is a term commonly used to describe the industry where real money betting companies operate. It’s also used to describe professional esports competitions. In other words, an online casino, sportsbook, dedicated poker, bingo or lottery site is classified as an iGaming site.
More people than ever in India enjoy playing games or placing bets on these sites, and there are now more ways than ever for people who join these sites to top up their accounts and cash out their winnings.
Below, we take a closer look at how the iGaming industry is helping to drive online payment innovation in India.
Why is the iGaming industry helping to drive online payment innovation in India?
There are many reasons why the iGaming industry has become one of the key driving forces helping to push the boundaries of what is possible in the online payment sector in India and across the globe.
For instance, the iGaming industry is currently thriving here, as more people turn to play online casino games and place sports bets online from their preferred device rather than at a land-based casino or sports betting shop.
It’s far easier and more convenient to bet online these days from a PC or mobile device, and people are always looking for the safest, cheapest and most user-friendly online payment method to use on these sites, which helps drive online payment innovation.
Internet access is now far more affordable, and there has been an increase in the number of people betting online from their smartphones, which is why fintech companies that specialize in processing online payments are constantly emerging and looking for ways to outdo the competition by providing more efficient and secure online payment solutions that can be used across multiple devices and platforms.
Payment gateways are also under constant pressure to keep up with the demand for quick and easy online payment solutions and handle a higher volume of transactions. Additionally, iGaming website operators want to ensure that they cater to as many Indian players as possible by providing a broad range of secure online payment methods.
These days, most sites accept numerous different payment methods for deposits and/or withdrawals, to ensure that anyone who joins their site will have no trouble depositing or withdrawing.
Online casino players and sports bettors typically have anywhere from three to five active online payment method accounts that they prefer using to top up their accounts, and if their preferred payment methods aren’t accepted on a website that they have been considering joining, they will look elsewhere for a site that does accept them.
As a result, iGaming operators try to accept as many online payment methods as possible rather than lose potential customers. Accepting multiple payment methods encourages repeat engagement and boosts retention and revenue.
Are iGaming sites in India safe?
Yes. iGaming sites in India are perfectly safe, provided they are fully licensed and regulated by one or more globally renowned licensing authorities.
The quickest, safest, and easiest way to find a secure Indian online casino in 2025 is to trust the experts. For example, if you head over to the official AskGamblers India iGaming review site, you can find an expertly curated database containing unbiased and insightful reviews for today’s best Indian online casinos and sports betting sites.
There are over 1,000 trusted brands to choose from, and they all cater to Indian players (aged 18 or above) in various ways. To ensure you are presented with the most relevant list of Indian sites, you may need to switch off your VPN if you are connected to a foreign global region.
What are the most popular online payment methods Indians prefer using on iGaming sites in 2025?
A significant number of payments on today’s safest Indian iGaming sites are facilitated through mobile wallets and digital payment methods like UPI (Unified Payments Interface).
Each iGaming site is different in terms of which online payment methods it accepts, but the most common ones that people can typically use to top up their accounts or cash out their winnings include:
- Visa and Mastercard credit and debit cards
- Skrill, MuchBetter, and Neteller eWallets
- Apple Pay and Google Play mobile wallets
- Paysafecard and AstroPay prepaid vouchers
- Direct/instant bank transfers, such as NetBanking and UPI
It’s also now common to find Indian iGaming sites that accept Payz, PayTM, Jeton and eZeeWallet. You can also find a growing number of secure sites that welcome cryptocurrency payments.
Some of the most commonly accepted cryptocurrencies include Bitcoin (BTC), Tether (USDT), Litecoin (LTC), and Ethereum (ETH). Others include Ripple (XRP), DogeCoin (DOGE), Bitcoin Cash (BCH) and Stellar (XLM).
Conclusion
The continued expansion of the burgeoning iGaming industry in India will continue to fuel the growth of the online payment sector, and both industries are expected to contribute significantly to the broader digital economy.
As long as the iGaming industry continues to experience unprecedented growth, a similar trend should also happen in the digital payment sector. The connection between these two industries is stronger than ever, and over the coming years, experts who follow both industries closely expect that payments will become even quicker, cheaper and more convenient than ever.
Cybersecurity measures and fraud prevention will also continue to evolve to ensure payments are better protected, and the online payment experience is also likely to become even more personalized.
