RupeePay is a multi-recharge platform that allows its users to recharge their mobile anywhere within India by simply sending an SMS. It is a service that is used by millions of Indians across the country and its popularity is the reason why it is becoming a more prominent payment method at many betting sites for cricket. There are now plenty of Indians that carry out their online cricket betting with RupeePay. This review will show you how to make deposits at the best RupeePay betting sites in India.
What is RupeePay?
The Indian eCommerce market just so happens to be one of the world’s most lucrative and untapped markets. There are close to half a billion Internet users in India, which is around 45% of the population and, each month, thousands of new eCommerce users come into being. It has been estimated that in 2021, the Indian eCommerce market will be worth a staggering $84 billion. To give you an idea as to just how quickly it is growing, the eCommerce market was worth around $34 billion in 2018.
However, despite the fact that India has the world’s second biggest eCommerce client base, being only behind China, eCommerce penetration is low compared to markets such as North America and Western Europe. As a result, there is plenty of opportunity for platforms, operators, and merchants.
The eCommerce industry is negatively affected due to the fact that local payment solutions are inaccessible to outsides that are trying to capitalize on the potential of the Indian market. Working alongside non-western business practices and cultural nuances can be frustrating and impossible for merchants.
Rupee Pay is there to provide a bridge between client and merchant operator by providing payment solutions that have been tried and tested within India. At the time of writing, the RupeePay payment method offers the top four most popular payment offers in India – eWallets, credit card, debit card, and online banking.
The multiple payment technology that the RupeePay payment method has allows for the following:
- eCommerce merchants have the ability to accept deposits and payments from clients.
- eCommerce merchants have the ability to withdraw funds to pay their clients.
Why RupeePay Has Become So Popular
There are a number of reasons why RupeePay has gone on to be such a success, and below we are going to take a quick look at the reason why many merchants now accept it as a payment method.
They Help to Overcome Cultural Barriers
India is such a huge and diverse country and has a culture that you will not find anywhere else. To enter the eCommerce market in India and be successful, you need local knowledge, you need to understand the language, and you need to understand the payment environment in the country. RupeePay will do all of the above for you.
They Offer Localised Solutions
RupeePay offers payment solutions that are bespoke to India. Since India is such a different marketplace to what many businesses have experienced before. Using Rupee Pay is highly advantageous as they have experience in Western Business as well as a thorough understanding of the business etiquette that is expected in India.
They Understand the Indian Subcontinent Market
RupeePay understands all the challenges that are involved when it comes to establishing yourself overseas, especially in huge markets such as India. They are there to help these kinds of businesses establish themselves smoothly and confidently and to be dominant in the new market.
They Are a Turnkey Solution
RupeePay provides the solution for gaining entry into the Indian eCommerce market. As a company that has no experience of India, by teaming up with RupeePay, you will have a partner that will be able to help you in areas that you know nothing about. In other words, you focus on what you know, while they will focus on the rest. If you want to find out more about this payment option, then you can do so by visiting rupeepayments.com
Online Sports Betting in India
Everyone knows how much Indians love to watch and play cricket, but there are plenty who love to bet on it. The fact that Indians love to gamble is no secret, and neither is the fact that there are many who make use of RupeePay. Therefore, it really should not come as a huge surprise that many betting sites accept RupeePay.
Indians bet on cricket all year round, but they place the most bets when the Indian Premier League is being played. It is estimated that about $50 million is bet on each IPL match. When there is this much money being bet on a single competition, betting sites would be pretty foolish not to make use of a payment option that plenty of punters are making use of.
So, if you are an Indian that loves to bet on cricket, you are probably sitting there wondering about the cricket betting sites that accept RupeePay. We are going to list some of the best RupeePay betting sites that we recommend you take a closer look at:
10Cric is a sports betting site that caters to the Indian public, so it stands to reason that they would have all of the most popular payment methods in India. If you are looking for the best RupeePay betting sites, then you will definitely not be disappointed if you if you do your cricket betting at 10Cric.
Obviously, the other five sites we mentioned are great betting sites in their own right, but they do not cater specifically to the Indian market.
Like with all mobile payment methods nowadays, there is an app that you can download to help make your RupeePay experience all that much better.
The RupeePay app can be downloaded from the Google Play Store. The download process is a really simple one to follow, and we have outlined the steps for you below:
- Go onto the Google Play Store and search for the RupeePay app.
- Click on it and download it.
- Once the RupeePay app has been downloaded, launch it and follow the instructions.
- Within minutes you’ll be able to make use of it on RupeePay betting sites.
One of the most popular payment methods in India is NetBanking, and RupeePay offers this payment solution, enabling eCommerce merchants to provide NetBanking as one of the checkout options for their clients to make deposits and to purchase products.
India’s Netbanking system has multiple settlement and payment systems and thanks to NetBanking, RupeePay connects with no fewer than 61 domestic banks in India.
The process for using NetBanking is as follows:
- The client chooses the amount they want to deposit.
- The client is given a number of different payment options and chooses NetBanking.
- A page will appear that will show the 61 different domestic Indian banks.
- Click the bank that you are a customer with and login with them.
- Fill in the necessary details and submit. You will receive a one-time password on your mobile.
- Enter it, go back to the merchant page and you will get a failure or success message.
Start depositing with RupeePay for Cricket Betting
When it comes to quickness and simplicity, it is fair to say that there are other banking methods out there that are easier to use and quicker, but they must be doing something right in order for them to be a popular payment option. Maybe the fact that it is an extremely secure payment method helps its cause.
Frequently Asked Questions about Depositing with RupeePay
Is Depositing with RupeePay Legal in India?
RupeePay is accepted and trusted across India, so it is certainly legal.
What is the Minimum RupeePay Deposit at Betting Sites?
Well, this will depend on the sportsbook that you have an account with, but usually the minimum deposit stands at 500 Indian rupees.
Is RupeePay Safe to Use?
RupeePay is certainly safe to use since they have top-quality encryption technology in place to ensure your money and personal details remain safe.
Do RuPeePay Deposits charge Fees?
If you decide to deposit money at a betting site using RupeePay, there are no additional fees that you need to pay.