In an ever-growing cashless economy like India, you are bound to find an increasing number of online payment options. For residents of Nagpur this means even more payment options when paying online.
Whether you are making an online payment on a food delivery app or adding money to your online gaming account, you can now find more payment methods to choose from.
The scope of these payment options isn’t limited to making online payments on Indian websites. International multi-currency payment methods that are accepted all over the world now accept Indian currency.
That means Nagpur residents can easily shop on websites based overseas using INR. The experts at payonlinecasinos have a long list of payment methods that Indian players can use on such websites.
Here are some of the top payment options you can access while paying online from Nagpur –
UPI
This is the most commonly used digital payment method in India and is probably on the top of your list of most trusted payment options. Ever since its launch in 2016, UPI has made life easier for all Indians.
No more do you need to fill in details like account holder, bank account number, and IFSC code to transfer money. All it takes is a short and simple VPA or Virtual Payment Address and your money is transferred directly to the recipient’s account within seconds.
The acceptance of UPI among online businesses is growing and that is a smart move given that the payment method accounts for the majority of online payments in India.
Even Netflix now accepts UPI as a payment method for their viewers in India.
Mobile Wallets
Indian citizens are spoilt for choice when it comes to mobile wallets. At first, it was the ease of transactions that attracted customers to the Indian based mobile wallets when they first arrived on the scene.
Then the promotions came along. Huge discounts and cashback offers for using mobile wallets to pay your bills and shop online now attracts more customers to these apps. And rightly so.
Some of the most popular mobile wallets among Indian users include Paytm, Google Pay, Mobikwik, Freecharge, Amazon Pay, and PhonePe.
Payment apps like Paytm, UPI, GPay, and PhonePe also offer a UPI service wherein you can link your bank account and make direct bank-to-bank payments.
All leading merchants accept payments using mobile wallets
In terms of wider acceptability these mobile wallets have been impressive. They have brought all the services in one place.
Now you can pay your electricity bills, loan EMIs, book train tickets, movie tickets, pay rent, credit card bills, invest in mutual funds, stocks, buy insurance, and a lot more right from your Paytm app.
Not just that, but if you wish to play online games on offshore gaming sites, you can still use mobile wallets like Mobikwik, Paytm, and GPay.
In addition to these Indian mobile wallets, residents from Nagpur and other parts of India can also opt for international wallets such as Skrill, Neteller, Astropay, and MuchBetter.
These are the most commonly accepted payment options among the top online gaming sites worldwide.
RuPay
Since its launch in 2012, RuPay has grown in popularity and more Indians now prefer using the domestic card payment network over other international cards like VISA and Mastercard.
Until recently, RuPay’s international acceptability was a big drawback. However, an increasing number of international vendors now accept payments made using India’s domestic card network, RuPay.
A major advantage of RuPay over VISA or Mastercard is the operating cost. You can make online payments in India using RuPay at a much lower service charge than its international counterpart.
Though there are a few international sites that accept RuPay, you would have to rely on VISA cards when traveling abroad.
Internet Banking
Internet Banking has been around for quite a while and is also a very trusted payment option for making online transactions. The payment gateway is secure and provided by your bank.
There is an extra layer of security in the form of OTP or a two-factor authorization.
All you need to do is log in your internet banking account using your username and password. There, you can transfer funds via IMPS, NEFT, or RTGS. Before UPI came along, these were the most commonly used online payment options in India.
Today, banks even offer a mobile app using which you can make online payments. Some mobile banking apps also offer services like paying bills and booking tickets in addition to sending money to another bank account.