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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. 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.
Payeer has emerged as a preferred payment method among Indian players at the best online casinos offering multiple benefits. 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.
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 |
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.
To make deposits at online casinos that accept Payeer, follow these simple steps-
Important – The minimum deposit amount varies by casino, with most Payeer deposits starting between ₹500 and ₹1,000, depending on the specific platform.
Withdrawing your winnings through Payeer is easy and quick. Here’s how to do it-
Important – Minimum withdrawal amounts may vary by casino, typically ranging from ₹1,000 to ₹2,000.
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 |
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 |
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 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.
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.