As and as online lotteries are becoming more popular in India, there are more than enough convenient payment options for users to choose from. Plus, with the widespread use of online payment methods like UPI, IMPS, and e-wallets like Paytm, it has become that much easier to make quick online transfers of funds!

Thanks to Digital India, it is super easy to deposit money online!

Here are some of the most popular deposit methods that you will find on most online lottery sites in India:

• UPI

• Indian Netbanking

• VISA

• Mastercard

• Skrill

• Neteller

• AstroPay Card

• ...and many more!

Let’s take a closer look at some of these payment methods and learn how to use them to fund your online lottery accounts!

UPI is one of the most highly recommended payment methods available to Indian online lottery players. UPI is already widely accepted and used in India, and that’s why many lottery sites have begun to accept it as a payment option.

UPI deposits can be done directly from your bank account, within a matter of seconds!

Let’s look at some of the pros and cons of using UPI to deposit on online lottery sites!

Pros of using UPI:

✔️ You can use many apps to make UPI payments like BHIM, Google Pay, PhonePe, or Paytm, etc.

✔️ Directly connected to your bank account, making it easy to send and receive money.

✔️ Fund transfers are simple and instant.

✔️ No additional fees or charges.

Cons of using UPI:

❌ Might take up some hours for the online lottery to validate the payment at times.

❌ Some UPI apps require additional KYC and validation.

Indian Netbanking is another very useful way of depositing money into online lottery accounts. You can use the mobile app of the bank you have an account with to easily transfer funds through Indian Netbanking.

Most Indian banks now have simple mobile apps using which you can deposit money in mere minutes!

Here are some pros and cons of using Indian Netbanking to deposit money on online lotteries.

Pros of using Indian Netbanking:

✔️ Transfer funds without worrying about banks being open!

✔️ No additional transaction fees or hidden charges.

✔️ NEFT and IMPS transfers are instantly done.

Cons of using Indian Netbanking:

❌ Bank servers may be down at times, which might result in a transaction taking extra time to process.

❌ You need to enable Netbanking using your Customer ID to use it.

VISA and Mastercard are two widely accepted and used ranges of credit and debit cards. So basically, you can use any of your credit or debit cards that are either VISA or Mastercard to deposit some money into your online lottery accounts.

Credit and debit card transactions are both quick and simple!

Let’s look at some of the pros and cons of using VISA and Mastercard to deposit on online lottery sites.

Pros of using VISA and Mastercard:

✔️ Accepted by most online lotteries.

✔️ Instant and quick payments can be made online!

✔️ Credit cards allow you to spend first and pay in easy installments later.

✔️ Secure payments with OTP or One Time Passwords connected to your registered mobile number.

Cons of using VISA and Mastercard:

❌ Credit cards may cause you to spend more than you have, leading to problems in paying off your debts.

❌ Transactions can sometimes be declined by your bank.

Skrill is an international e-wallet, which has gained popularity amongst users who often visit lottery as well as betting sites. Skrill can be used to make anonymous and secure payments on most online lottery platforms.

Skrill is used all over the world as a wallet for online gambling sites, and you’ll find that most online lotteries also accept Skrill, making it the favorite for many players!

Let’s take a look at some of the pros and cons of using Skrill.

Pros of using Skrill:

✔️ Skrill also accepts Indian rupees, which makes it super simple to skip the conversion hassle.

✔️ Helps in keeping you anonymous when playing the online lottery.

✔️ Accepted by most online lottery sites!

Cons of using Skrill:

❌ Skrill charges a fee of 2.50% every time you deposit money into the wallet.

❌ Banks may sometimes reject Skrill transactions due to their reputation as a gambling wallet.

Neteller is yet another online wallet that surged in popularity due to its use on betting sites and online lotteries. That’s why a lot of online lotteries still accept Neteller. In fact, it is one of the most popular deposit methods in the world of online gambling.

Since many online lotteries accept Neteller, it is a great option for people who do not have access to previously mentioned payment methods.

Let’s look at some of the pros and cons of using Neteller to deposit on online lottery websites.

Pros of using Neteller:

✔️ You can deposit money on your Neteller wallet using UPI or Indian Netbanking.

✔️ Accepted by most Indian lottery websites.

✔️ Helps you make secure and anonymous payments online.

Cons of using Neteller:

❌ Expensive transaction charges of 2.5% when you deposit money on Neteller.

❌ Indian banks sometimes reject Neteller transactions due to their gambling reputation.

AstroPay Card is an online paid card that can easily be used to top-up your online lottery accounts. The good thing about the AstroPay Card is that you can use any of the payment methods like Paytm or UPI to add money to your card.

Using an AstroPay Card is both convenient and easy!

Here are some of the pros and cons of using an AstroPay Card to add money to your online lottery accounts.

Pros of using AstroPay:

✔️ A new AstroPay card can be set up in a matter of minutes, without the hassle of long-drawn verification or KYC.

✔️ You can deposit in Indian rupees.

✔️ No additional depositing fees or hidden charges.

Cons of using AstroPay:

❌ AstroPay Cards do not allow withdrawals so you’ll have to find alternative withdrawal options.

❌ AstroPay Cards are not regulated by authorities such as the Reserve Bank of India.