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How to make betting deposits with PayPal in India

In this article, you will learn how to deposit with the world's most popular online payment provider: PayPal

How to Deposit with PayPal

PayPal is among the most popular and widely used online payment services in the world. They became famous for being one of the first companies to offer easy and cheap online payment services between different countries. This helped PayPal grow into one of the largest payment providers in the world, larger than many international banks. To this day, they are still the most common online payment solution in the world, due to the high level of trust they have established with their customers.

PayPal is an incredibly convenient deposit option that is favored by many players and betting sites around the world. However, although PayPal is convenient, it is not exactly the cheapest option. With that said, if you're determined to make a deposit using PayPal, then this article is for you. We will guide you through the entire process of setting up a PayPal account and showing you all the best betting sites in India that accept PayPal. So if you're ready, then let's get into it!

Betting Sites that accept PayPal deposits

Rank Bonus Turnover Min odds 
1

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Lowest odds: 2.0

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2

100% Up To ₹8,000

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Lowest odds: 1.75

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FAQ about Depositing with PayPal

Here you will find some of the most common questions that people have about depositing with PayPal and our answers

What is PayPal?

PayPal is an online payment provider and e-wallet. They allow you to hold money in different currencies, and use that money to pay different people or companies that accept PayPal. You can use PayPal to pay for services, send money to friends or deposit money on a betting site, etc.

Is it expensive to use PayPal?

There are fees associated with using PayPal, and the fees are generally considered quite high compared to other online payment providers. In cases where you receive money via PayPal from companies, PayPal will deduct 10% of the amount. So in that sense, PayPal is pretty expensive to use. But if you enjoy the convenience of using PayPal, then maybe the fees are worth it to you.

How do I send money with PayPal?

You can send money via PayPal by linking a bank card to your PayPal account. Then, select the PayPal payment method on your desired betting site and PayPal will automatically charge the money through your bank card. You can also use your PayPal balance. So if you want, you can add money to your PayPal balance or receive money from 3rd parties and use that money to pay other merchants. Pretty neat.

Will I get a welcome bonus if I deposit with PayPal?

Unfortunately not. The 2 betting sites on our list that currently accept PayPal (Betway and Royal Panda) do not provide any welcome bonus when a deposit is made with PayPal. This is due to Anti Money Laundering regulations which prevent the betting site from knowing your true identity when you deposit using a 3rd party e-wallet such as PayPal.

Is it safe to deposit with PayPal?

Using PayPal is quite safe. After all, It’s one of the world's biggest and most popular e-wallets. They have a great reputation for security and reliability. Therefore, you can feel quite sure that your money will reach its destination when depositing with PayPal.

How long does it take to make a PayPal deposit?

Depositing with PayPal is instant. That’s one of the greatest benefits of PayPal. So when you make a deposit using PayPal, you will be able to see your deposit on your betting account instantly.

How to make betting deposits with PayPal in India

PayPal is an incredibly popular and common e-wallet and payment provider which can be used to transfer money between people and companies. PayPal was one of the first payment providers to really break through with online payments. Therefore, PayPal quickly became the most popular online payment provider.

As PayPals share of the market grew larger, so did their fees. Today, PayPal has some of the highest fees of any online payment provider. So if you decide to use PayPal to make a deposit on a betting site, be prepared to pay the fees associated with such a transfer.

On the other hand, PayPal does offer a high level of convenience, so you may actually find that the fees are worth it. There are both advantages and disadvantages to using PayPal in India, but if you have decided that making a deposit with PayPal is the way to go, then here is a guide that will show you exactly how to do that.

Does PayPal work in India?

Yes, PayPal works in India. However, as an Indian resident, you will only be able to have a limited PayPal account. This means that you will not be able to have money standing in your PayPal account. The money will be withdrawn to your attached bank account. And to make payments with PayPal, you will need to have a bank card, such as a credit or debit card attached to your PayPal account. This is how PayPal works in India.

To successfully use PayPal in India, you must have an active bank account and a bank card

So without further ado, let us show you how to make a betting deposit with PayPal in India

Step 1: Open a PayPal account

Opening a PayPal account is easy. You just head over to Paypal.com and click on “Sign Up”. Then select the Personal account type and write your personal details such as name, date of birth, email address, et cetera. Then PayPal will send you a confirmation email. This step will not take more than 5 minutes to complete.

Add a payment card

Now that your PayPal account has been created, you can enter your dashboard. From here, you can proceed directly to adding a payment card. If you already have a bank card on hand, you can add it and begin to make payments immediately. After doing this, you would already be capable of making your first betting deposit via PayPal.

However, in order to withdraw money to your PayPal account (and to your bank account), there are a few additional steps you need to complete. You need to complete the account verification procedures. Let's have a look at how to do that.

Step 2: Verify your PayPal account

Verifying your PayPal account is an important step that you need to complete in order to withdraw money into your personal bank account. This verification process is done to ensure that the money does not originate from illegal activities such as terrorism or money laundering.

Verifying your PayPal account is simple, but it may take a couple of days to complete the process. This is because the PayPal staff must review the documents you provide them with before they can accept your account.

After opening your PayPal account, you will find a task board with the different tasks you need to complete in order to verify your Indian PayPal account.

To verify your account, you need to complete the following tasks:

  • Confirm your email address
  • Provide your PAN Card
  • Add your bank account
  • Provide "purpose of transactions".

Follow these steps to complete the verification process swiftly and efficiently.

Confirm your email address

This one is easy. Just open up your email account, find the email that was sent to you by PayPal and click the “confirm” button. After this, your email address will be confirmed.

Link your PAN Card

To verify your PayPal account, you need to provide your PAN card. This can be done easily by scanning a copy of your PAN card for the PayPal staff to review. After uploading a scanned copy of your PAN card, it will usually take 1-3 days to be verified.

Add your bank account

To use PayPal in India, you need to have a bank account linked. This is because the Indian government does not allow Indian residents to have money stored in e-wallets that are located outside India. So the money you receive on PayPal will be immediately transmitted to your personal bank account.

Therefore, you absolutely must have a personal bank account attached to your PayPal account. Otherwise, you will not be able to receive payments. Adding a bank account is simple and straightforward. You just type in your account details, and then PayPal will send 2 small transfers to your bank account which you need to confirm. That’s all.

Provide "purpose of transfer"

This step is fairly easy. You just need to select the purpose of your transactions from a long drop-down menu of options. It’s better to be honest here, so just select gambling and then proceed. This is the last step in the verification process.

Step 3: Deposit your money on a betting site

Now that you have added a bank card and completed the verification process, you are ready to make a deposit on a betting site using PayPal. Your account will also be ready to transmit withdrawals you make when you want to withdraw money out of the betting site again.

The next step is to select a betting site that accepts deposits by PayPal. Many betting sites do not accept PayPal deposits, but some do. One of the best is Royal Panda.

Royal Panda is a gambling site that recently opened its doors in India. They have gone a long way to attract Indian players, and to ensure that Indian players feel welcome on their site. For example, they accept Indian rupees, and they try to provide Indian players with convenient deposit methods.

Another great thing about Royal Panda is the superb welcome bonus they provide to all new players from India. On Royal Panda, you can have your first deposit doubled. So if you deposit Rs. 10,000, you will have a total of Rs. 20,000 to play with in the sportsbook, or in the fantastic Royal Panda online casino.

Click the green "Claim" button below to make a deposit on Royal Panda and start betting today!

Sport bonus:

Free Bet Up to ₹2,000

Turnover: x bonus amount Lowest odds: 2.0 Bonus code:

Betting Sites that accept PayPal

The number of betting sites in India that accept PayPal is small, but here are some of the best ones.

  1. 100% Up To ₹8,000

  2. Free Bet Up to ₹2,000