PhonePe Casino List – Online Casinos With PhonePe

Last updated: 29 May 2023

If you have ever visited an online casino, you must have noticed that supported banking methods include local payment solutions. PhonePe is one of them. As its creators say, it is a “payments app built for India, by Indians”. This sentence sums up all about this payment service. Still, in this review, we will dive deeper and provide all the information about PhonePe one should know before they start using it at online casinos or on poker and sports betting sites. In this detailed PhonePe review, you will learn how to set up your PhonePe account as well as how to use it to make online casino deposits and withdrawals. Find out which are the best PhonePe casino sites, how long it takes for a transaction to process through it, whether there are extra fees to pay, and more.

Top Casinos That Accept PhonePe Payments

Online casinos that support PhonePe are not very common. Yet, we have done our homework and found a few reputable gambling sites that accept Indian players and allow them to use this payment service. All online casinos featured on our portal are regulated and licensed, providing players with a safe and fair gaming experience. You can rest assured that the transactions you make at the best PhonePe casinos will be smooth, with 100% safety guaranteed. So, here is our list of PhonePe casinos.

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money-bag 100% up to €500 / AU$750
  • Multiple games from different providers
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  • Platform made mobile compatible

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  • PayID Australian Casino
  • Many available languages
  • Local banking methods

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  • Over 7,900 casino games
  • Top-notch live casino
  • Local payment methods

18+ | New Customers Only |

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  • PayID for AU players
  • Weekly promos & VIP perks
  • Fast payment processing

18+ | New Customers Only |

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cherry 50 Free Spins
  • PayID Australian Casino
  • 4,900+ games
  • Great cashback offers

18+ | New Customers Only |

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money-bag 100% up to €500/750AU$ + 1 Bonus Crab
cherry 200 Free Spins
  • PayID Australian Casino
  • Landbased payment methods
  • Great promotions

18+ | New Customers Only |

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  • Over 4000 casino games
  • Sports-betting section
  • Crypto payment methods

18+ | New Customers Only |

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  • Games from multiple providers
  • Mobile compatible platform
  • Live dealer games available

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  • Australian Casino
  • Extensive games collection
  • Cryptocurrency support

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  • Extensive collection of games
  • Multilingual customer support
  • Landbased payments

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Company Background

Book icon

Founded in 2015, PhonePe is a payment service provider based in India. On its official website, the provider claims to be focused on building payment solutions that will make digital payments accessible to the next billion users. Its first product, the PhonePe app went live in 2016. The same year, Flipkart, an Indian e-commerce company, acquired PhonePe. Only a year later, it became the first app based on United Payments Interface (UPI), with more than 10 million downloads.

PhonePe was rated the #1 Finance App on the Apple App Store and Google Play Store and became the leader in UPI transactions nationwide, hitting 1 million transactions in a day. In 2019, more than 2 billion transactions were processed through the app, and PhonePe won the Best Mobile Payment Product or Service at the IAMAI India Digital Awards. The PhonePe ATM was launched across 10 lakh stores in 300 cities across India. Today, the payments app is used by more than 300 million Indian citizens.

PhonePe Updates

  • October 2022: PhonePe Achieves 138% Revenue Increase to Rs 1,646 Crore in FY22.
  • January 2023: PhonePe’s India Shift Costs Walmart $1 Billion in Tax.
  • April 2023: PhonePe Starts Digital Lending Pilots, Eyes NBFC Licence Soon.

Target Markets

Target icon

As we have already mentioned, PhonePe is made for India, by Indians. The app is available exclusively in this market, which should not be underestimated, with almost 1.4 billion people living in this Asian country. Created to facilitate transferring funds online, PhonePe is one of the apps that are based on the instant payment system developed by the National Payments Corporation of India.

How to Set Up a PhonePe Account: Step by Step Guide

PhonePe is a mobile app you can use without difficulty on your smartphone. It is compatible with both Android and iOS-powered handheld devices. Let’s find out how to set up your PhonePe account in a few easy steps.

  1. Download the app

    Go to the Apple App Store or Google Play Store and download the PhonePe app. Simply enter the name of the app in the search bar and download the app to your device.

    Download the PhonePe app
  2. Install the app

    Install the app on your mobile device. Click on the Install button and complete the procedure.

    Install the PhonePe app
  3. Add your mobile number

    Open the app and enter your mobile number. This should be the same number you use for your bank account. You will receive a one-time, 4-digit password to login into the app. Alternatively, you may receive a 5-digit OTP to login into your PhonePe account.

    Add your mobile number on PhonePe app
  4. Connect your bank account

    Add your bank account. Go to the My Money page and select the bank you have an account with. The app will fetch your account details and link them to your account.

    Connect your bank account with PhonePe
  5. Set up UPI PIN

    Set up a UPI PIN by tapping on the Set UPI PIN button. You will use it to authenticate your transactions.

    Set UPI PIN for PhonePe transaction authentication
  6. Add your card

    Enter your debit/ATM card details. The app will ask you to provide the last six digits of your card number and the expiry date.

    Add your card on PhonePe account

Available Currencies

Indian rupee icon

INR

Casino Deposits and Withdrawals

Withdrawal icon

PhonePe enables you to make fast and secure online casino transactions. To make a casino deposit PhonePe, simply login into your casino account, choose PhonePe and complete the procedure by following the instructions. You will have to enter your mobile number and 4-digit OTP to access your PhonePe account and UPI PIN to confirm transactions. You can use PhonePe in two ways. It can be a link between your bank account/card and your casino account or as an e-wallet you can fund before depositing to the casino.

Using PhonePe for withdrawals is easy as well.

  1. Go to the cashier and pick PhonePe as a preferred withdrawal method.
  2. Access your account and enter the amount you want to withdraw from your casino account.
  3. Again, you will have to enter your UPI PIN to authenticate your withdrawal via PhonePe.

Detailed Overview of Transaction Fees

Overview icon

PhonePe does not charge any fees for creating an account. Still, in its terms and conditions, it is stated that they reserve the right to change its fee policy from time to time. Fees can be introduced for new services or changing fees for existing services. If this happens, you will be informed accordingly via the official website or the app itself. Also, you should keep in mind that the bank you have an account with can charge a nominal transaction fee for UPI transfers. So, check with the bank whether there are any additional costs. As for casinos accepting PhonePe deposits, they do not charge fees on transactions via this payment method either.

Timeframes for PhonePe Payments at Online Casinos

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Deposits via PhonePe are processed immediately, so you can get your funds and start wagering them in no time. When it comes to withdrawals, they may take longer due to the pending period imposed by the casino. After your withdrawal request has been approved by the PhonePe online casino, you will receive your winnings instantly.

Deposit and Withdrawal Limits

Limits icon

Deposit and withdrawal limits vary from casino to casino. Still, in most casinos that accept PhonePe, the minimum amount you can deposit through it is ₹500, while the maximum can go up to ₹400,000 per transaction. As for cashing out, you can request withdrawals of at least ₹500 or ₹800 and up to ₹200,000 per transaction. Before you register with one of the PhonePe online casinos, make sure to check its minimum and maximum withdrawal limits.

Best PhonePe Casino Bonus

While you won’t find any casinos where an exclusive bonus is granted for depositing with PhonePe, you can use this method to qualify for regular bonuses and promotions. They include free cash and free spins you can use to play some of the best casino games, including highly exciting online slots. Here are some of the best bonuses you can claim at casinos with PhonePe.

5Gringos

Welcome Package

35x B+D, 40x FS

Ongoing

AU$30

74%

ExciteWin

Cashback

Deposit

Free Spins

Reload

Welcome Package

35x B+D, 40x FS

Ongoing

AU$30

74%

Casinoly

Cashback

Free Spins

Live Casino

Reload

Welcome Package

35x (D+B)

Ongoing

€20/A$30

No

72%

Slots Palace

Deposit

35x (D+B) 40x FS Wins

Ongoing

€20/30AU$

72%

Casino Days

Deposit

Not Needed

35x B

Ongoing

€20

€50 from free spins

72%

Jackpot Frenzy

Welcome Package

35x (B + D), 40x (FS Wins)

Ongoing

€20/AU$30

No

71%

Legendplay

Welcome Package

35x (D+B)

Ongoing

€20/AU$30

No

71%

SG

Welcome Package

35x (D+B) 40x FS Wins

Ongoing

€20/AU$30

No

71%

Security

Banking security icon

The PhonePe app is 100% secure. It operates as part of a large system, with all transactions processed over safe banking networks. The National Payments Corporation of India (NPCI) has recognised PhonePe as the leading provider when it comes to UPI network transactions. The app is PCI DSS compliant and ISO 27001 certified.

The PhonePe app does not store your user name or password, and every time you log in, you receive OTP to access your account. Don’t share OTPs with other people to protect your funds and financial details.

Customer Support

working-hours
Working Hours

Mon-Fri: 00:00-24:00

Weekend: 00:00-24:00

comments
Chat

No

PhonePe provides 24/7 customer support. On the Contact Us page of the PhonePe official website, you can find an email and phone lines you can use to get in touch with its agents. You can send your complaint to PhonePe customer support by clicking on the icon on the home page of the PhonePe app. The service provider is committed to providing its customers with the first response within 24 hours of receiving the complaint. They aim to resolve all complaints and queries within 3 business days.

Player Experiences

On the Google Play Store, PhonePe has been rated 4.4. At the same time, on the Apple App Store, the rating is higher, sitting at 4.7. Most users who have reviewed the app say that it worked well initially, while lately there have been certain bugs. They include stuck payments, issues with notifications as well as the size of the app. The good news is that PhonePe representatives reply immediately to all comments, giving the users instructions on how to resolve the issues they have been experiencing.

Extra Features

PhonePe adds new functionalities for users and merchants regularly. In 2020, the provider added several products that go beyond payments services. Liquid Funds is a product that can substitute for the savings bank account, granting higher returns. If you are into investments, you can make use of PhonePe’s Super Funds. The other two products launched in 2020 by PhonePe are International Travel Insurance and Coronavirus Insurance. Also, PhonePe Switch allows you to book flights, order food or purchase goods and services using your favourite apps, with no download needed.

Mobile Capability

android ios

PhonePe is a mobile app, and as such, it is fully compatible with both Apple and Android handheld devices. You can download and install it on your smartphone or tablet. To access your PhonePe account, you will use your mobile phone and a 4-digit one-time password.

Interesting Facts

  • In 2017, only a year after its launch, PhonePe emerged as the leader in UPI transactions across India.

  • PhonePe won the Best Mobile Payment Product or Service Award twice at the IAMAI India Digital Awards.

  • In 2021, PhonePe partnered with GiveIndia, the biggest giving platform in India, to help the country fight the medical oxygen shortage.

  • The app allows its users to send PhonePe gift cards of up to ₹10,000.

  • The PhonePe app is available in 10+ Indian languages.

  • PhonePe uses Machine Learning to personalise user experience.

FAQ

Yes, online casino players can use PhonePe to make transactions, including both deposits and withdrawals.

At this moment, PhonePe does not charge fees on deposits or withdrawals made through the app. However, the bank you have an account with can charge transaction fees, so make sure to check them out before you start using PhonePe.

Yes, PhonePe is safe to use and transfer money from your bank account or e-wallet to the casino.

PhonePe is a payments service available exclusively in India. So, if you live in India, you will be able to use the app to make fast and secure online transactions.

Payments via PhonePe are instant, while withdrawals may take longer due to pending periods imposed by online casino operators.

PhonePe is licensed in India, by the national Reserve Bank.

To clear your winnings through PhonePe, choose UPI/PhonePe from supported withdrawal methods and access your account using the 4-digit OTP. Enter the amount you want to cash out and complete the transaction by providing your UPI PIN.

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