Introduced in 2019, Payeer is a well-known e-wallet managed by PAYEER Limited and overseen by Paraguay’s Ministry of Economics and Finance. It accommodates both fiat and cryptocurrency, providing a versatile solution for users globally. Accepted in over 200 countries, Payeer is particularly popular on betting platforms due to its reliability and user-friendly features. The service supports multiple fiat currencies, such as USD, EUR, and RUB, in addition to seven different cryptocurrencies, meeting various financial requirements and preferences.
Setting up a Payeer account is simple. Users need only an email, passport, and proof of address for verification. They can access over 150 deposit methods and multiple withdrawal options, such as Bitcoin, Ethereum, and Visa.
Known for its swift international transfers, Payeer connects seamlessly with global payment systems and provides automatic currency conversion. This feature makes it easier for players to engage with casino platforms that do not support local currencies, ensuring a hassle-free gaming experience.
We evaluate Payeer casino sites based on important factors such as security, transaction limits, payment speed, fees, and accessibility for Indian players. Here’s how we assess them to help you choose the best option.
Payment time frames: We prioritize casinos that process Payeer deposits instantly, ensuring quick access to your funds. Withdrawal times can vary, but we favor platforms with fast payouts.
Available games– We check for a wide range of games, including slots, table games, and live dealer options, ensuring plenty of real money gaming choices for Indian players.
Transaction limits– We look for casinos with flexible transaction limits, offering low minimum deposits and high withdrawal limits for convenience.
Bonus availability– We confirm that players can claim bonuses using Payeer for deposits, as some casinos may restrict certain payment methods.
Applicable fees– Payeer has minimal fees, including a 0.95% charge for international transactions and a 2% fee for currency exchanges. We ensure that casinos with Payeer have low or no additional fees, making transactions cost-effective for players.
Pros and cons of Payeer Online Casinos Transactions
Pros
Wide variety of funding methods
Supports cryptocurrency transactions
Secure transaction processes
Simple account creation process
Availability of Payeer debit card for users
Cons
Limited currency acceptance
Not all casinos allow Payeer for withdrawals
What Makes Payeer Casinos a Top Choice for Indian Players?
Payeer has emerged as a preferred payment method among Indian players for online casinos. Its speed, security, and user-friendly features meet the diverse needs of bettors in India. Let’s explore the key advantages that make Payeer a standout choice.
Transaction Speed- Players appreciate the ability to deposit funds instantly, allowing them to jump straight into the action without delay. Additionally, the platform tailors withdrawal times to accommodate the specific requirements of Indian banks and e-wallets.
Security and Privacy- Payeer stands out with its robust encryption and fraud protection measures. It adheres to local and international regulations, ensuring a safe experience for users while safeguarding their data.
Low Fees and Transaction Limits—Players benefit from competitive deposits and withdrawal charges, with limits (₹1,000 to ₹1,00,000)that cater to everyone—from casual players to high-rollers looking to stake larger amounts.
Customer Support—Payeer excels in this area, offering assistance in local languages and providing various communication channels, including live chat, phone, and email, to cater to Indian users.
Reputation Among Indian Players- Payeer has built a strong reputation among Indian players, evidenced by positive feedback and established partnerships with trusted online gambling platforms. Its presence in the market contributes to its credibility and reliability.
Mobile Compatibility – In today’s mobile-driven world, Payeer ensures that its services are fully optimized for mobile devices. With seamless integration with popular payment apps like Paytm and PhonePe, users can manage their funds and place bets effortlessly, whether on Android or iOS.
Description
Details
Type of payment method
E-wallet
Minimum deposit detected
₹500 – ₹1,000
Maximum deposit detected
Varies by casino; commonly ranges from ₹5,00,000-10,00,000 per transaction
Minimum withdrawal limit
₹500 – ₹1,000
Maximum withdrawal limit
Varies by casino; often in the range of ₹5,00,000-10,00,000 per transaction
Withdrawal time
Typically 24 hours
Online casino coverage
Widely accepted
How Do You Set up the Payeer Account for Online Casinos?
Creating a Payeer wallet is arguably one of the fastest and simplest experiences. It’s hard to imagine how effortless it is to register for access to one of the largest payment services available globally.
Start by visiting the payeer.com website, where you’ll find the option to ‘Create Account.’ Click on that link to begin.
Next, complete the registration form, which requires your email address and a Captcha for verification.
Once you’ve completed the registration, you’ll be directed to a page displaying your username, password, and secret word. Congratulations, your Payeer wallet is now active!
You can fund your Payeer wallet using over 150 different payment methods, giving you many options.
How to Deposit at Payeer Casinos in India
To make deposits at online casinos that accept Payeer, follow these simple steps-
Log in to your casino account on your chosen platform.
Navigate to the deposit section or cashier page.
Choose Payeer as your payment method from the list of options.
Input the amount you wish to deposit.
Confirm the transaction by logging into your Payeer account.
Follow the on-screen instructions to finalize the deposit.
Your funds should appear in your casino account shortly.
Important- The minimum deposit amount varies by casino, with most Payeer deposits starting between ₹500 and ₹1,000, depending on the specific platform.
How to Withdraw from Payeer Online Casinos in India
Withdrawing your winnings through Payeer is easy and quick. Here’s how to do it-
Log in to your casino account and navigate to the withdrawal or cashier section.
Choose Payeer as your preferred withdrawal method.
Enter the amount you wish to withdraw.
Review the withdrawal details and confirm the transaction.
Keep an eye on your Payeer account to track when your funds arrive.
Important- Minimum withdrawal amounts may vary by casino, typically ranging from ₹1,000 to ₹2,000.
Payeer Fees and Limits in India
Payeer does impose fees for specific services, which can differ based on your payment method and country of residence. Standard fees you might encounter include those for deposits and withdrawals.
The fees for deposits and withdrawals through Payeer range from 0% to 5%, depending on your selected payment method and country. Additionally, there is a 2% fee for currency exchange transactions. Payeer provides a virtual Mastercard for online purchases, but there is a nominal fee for issuing the card.
It’s essential to be aware that Payeer sets varying transaction limits based on the type of transaction, payment method, and location.
Transaction Type
Payment Method
Withdrawal Time
Fee
Deposit
Credit/Debit Cards
Instant
0% – 5%
Withdrawal
Payeer Account
Instant to 24 hours
0% – 5%
Currency Exchange
Payeer Wallet
Instant
2%
Virtual Mastercard
Payeer Card
Instant
Small Issuance Fee
Bitcoin Withdrawals
Cypto
Instant
1.95% for sending to another account
Safety and security of Payeer for Online Casino Transaction
With its growing user base and operations across various continents, Payeer emphasizes security. The platform has implemented multiple measures to safeguard user data, privacy, and information.
Among these measures is two-factor authentication (2FA), which necessitates a second confirmation from the user’s mobile device before accessing any transaction or specific service on the Payeer platform, provided that the mobile phone is linked to the account.
While verification may take some time, Payeer is committed to maintaining a secure and closely monitored user base. Although this may be inconvenient for some, restricting access to only verified users is a prudent approach to uphold the platform’s integrity.
Until verification is finalized, users cannot conduct transactions, withdrawals, and other activities, ensuring that actions remain within certain boundaries.
Additionally, users receive email notifications whenever their account is accessed, adding another layer of security. This feature informs users about any activity on their accounts and aids in promptly identifying any fraudulent actions.
Description
Details
Security features
Two-factor authentication (2FA), device pairing, dynamic security codes, email alerts for account access, verification process
Device pairing
Yes, it requires mobile device authentication for transactions and services
Dynamic security codes
Yes, a second confirmation is required from the mobile device before completing transactions
Touch ID/Face ID
Not explicitly mentioned, but security methods such as mobile device authentication suggest similar functionality
2FA
Yes, Payeer uses 2FA for added security on transactions and services
Regulatory compliance
Payeer is compliant with security standards to ensure a safe and secure environment, supported by multiple security measures
Account registration required
Yes
KYC
Yes
External integration
Yes
Mobile Compatibility
Payeer offers a dedicated mobile app that can be easily downloaded from the Apple Store for iOS users and Google Play for Android users. This flexibility provides exceptional convenience, enabling users to manage their casino funds on the go, whether commuting, traveling, or away from a desktop. As mobile gaming grows, integrating user-friendly payment methods like Payeer ensures bettors enjoy a smooth and uninterrupted gambling experience.
Description
Details
Approve transactions with biometrics
Yes
FaceID compatibility
Yes
Seamless 2FA check
Yes
Payeer- Good Choice for High-rollers
Payeer is an effective payment option for online casino players in India, especially for high rollers, due to its flexible transaction limits and fast processing times. It supports various funding methods, including cryptocurrencies, but has limitations such as restricted currency acceptance and limited withdrawal options at some casinos. Payeer offers secure transactions and a user-friendly interface, making it a strong choice for casual and high-stakes bettors.
Alternative Payment Methods to Payeer Casinos in India
Looking for different ways to make transactions? Check out our top picks for casinos offering alternative payment methods for Indian players, beyond Payeer.
Payeer supports several cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and others.
Yes, you can use Payeer to fund your account and play live dealer games at online casinos that accept this payment method.
If you face any issues with your Payeer account, such as it being locked or having trouble accessing it, you should contact Payeer’s customer support immediately. They can guide you through the recovery process and help resolve any issues.
Payeer offers a loyalty program where users can earn rewards based on their transaction volume. Players can accumulate points that can be redeemed for bonuses or other benefits at participating online casinos.
Yes, Payeer can be used for both online casino gaming and sports betting, provided the sportsbook accepts Payeer as a payment method.