- Introduction to Amazon Pay
- Short Overview
- Selection Criteria for Amazon Pay Betting Sites
- Amazon Pay Deposit at Betting Sites
- Amazon Pay Withdrawal at Betting Sites
- Amazon Pay Betting Sites Security and Safety
- Amazon Pay Security Measures
- Amazon Pay Betting Site Bonuses and Promotions
- Amazon Pay Fees for Indian Users
- Deposits and Withdrawals Limits on Amazon Pay Betting Sites
Introduction to Amazon Pay
Amazon Pay is an all-in-one digital wallet that can help you make money transactions online. You might be familiar with the popular online store, Amazon, which is the same brand as the digital wallet. Not only can you use Amazon Pay to shop at Amazon, but you can also use Amazon at every merchant registered with Amazon Pay.
You can manage your Amazon Pay wallet from an app and link your bank account to make it easier when making purchases using the digital wallet. That way, you can quickly settle several payment types, like utility bill payments, right from your mobile device.
Amazon Pay offers various features to make online transactions easier. You can choose to pay online immediately upon making your purchases or pay on delivery if you have the item delivered to your doorstep. All you need to do is scan the Amazon Pay QR code and make sure that you have your money ready on the app.
Amazon Pay also offers Amazon Pay EMI, which lets you pay in instalments as an alternative if you don’t have a credit card. The digital wallet provides up to 1 Lakh, which you can use for multiple monthly purchases, and then you can pay the due amount the following month.
You can also treat Amazon Pay as a UPI payment. You can transfer money to other Amazon Pay accounts or use your friends’ contact numbers to send and receive payments.
Amazon Pay India History
Amazon first entered India’s marketplace in 2013. The market in India was an opportunity for Amazon to offer its store services to local Indian buyers. It went well, and Amazon followed up with a two-hour grocery delivery service (Amazon Prime) in early 2016.
Later the same year, Amazon Pay launched officially in India. Although local Indians are more used to cash transactions or bank cards, they have managed to gain popularity. In 2021, merchants who registered with Amazon Pay had scattered all across 350+ cities and towns in India. Due to the pandemic and the Amazon Great Indian Festival 2021, the number of Amazon Pay users in India has grown immensely as well.
How to Use Amazon Pay in India
Users don’t have to register for an Amazon Pay account if they already have an Amazon account. If the user doesn’t have an Amazon account, they can head to Amazon’s website to create a new one. The user then can choose to link their bank account to the Amazon account, and then Amazon Pay will immediately be available for the user.
Amazon takes many local Indian banks, so Indian users can conveniently connect their pre-existing bank cards to their Amazon Pay. Amazon Pay can even issue a Visa credit card from ICICI Bank.
Selection Criteria for Amazon Pay Betting Sites
- Accept Amazon Pay for deposits and withdrawals
- Licensed and regulated
- Provides players with various betting options
- Offers competitive odds
- Has a 24/7 customer support team
Amazon Pay Deposit at Betting Sites
After you find a great sportsbook that accepts Amazon Pay, you can first register your account and make sure your account is verified. We also recommend you check the betting site’s promotions, as it often has a specific deposit limit you must follow to claim the bonus.
When you’re ready to fund your betting account, follow the steps below.
- Find the betting site’s Cashier tab and choose Deposit
- Select Amazon Pay (which might be listed under the UPI method)
- Enter the amount you’d like to deposit into your betting account from your Amazon Pay
- Submit the deposit request
- Log in to your Amazon Pay account (the site will automatically redirect you to Amazon Pay’s page)
- Confirm the payment request
- Enter the UPI pin and submit
Common Problems for Indian Users and The Solutions
Your payment request using Amazon Pay might be declined for several reasons. Most of these reasons are mainly because of your bank account, so it’s essential to check with the bank account that you’ve connected with Amazon Pay.
The card information you’ve provided to Amazon Pay might differ from what it should be (like the name you use on the card, the card’s numbers, CVV, etc.). Your bank card might block online transactions for some reason.
Before contacting your bank, we recommend you try refreshing the page. You can also try returning to the previous page and waiting to see if Amazon is processing the transaction. If the submission still doesn’t go through, you can try once again.
If the transaction is still unsuccessful, you can check with Amazon Pay or the bank card data you’ve connected with Amazon Pay. Amazon Pay might also delete your older card’s information, so you must add new card details for it to work.
Amazon Pay Withdrawal at Betting Sites
After you’re ready to withdraw the balance in your betting account, you can follow the similar steps you’ve done for depositing. Ensure you’ve fulfilled any wagering requirements if you have active bonuses, or finish the KYC procedure before withdrawing if the betting site requires you to. Then, you can follow our guide below to withdraw at the sportsbook that accepts Amazon Pay.
- Log in to your betting account and head to the Cashier page
- Choose ‘Withdraw’ and find Amazon Pay
- Enter the amount you want to move to your Amazon Pay account and submit the request
Common Problems for Indian Users and The Solutions
To receive payments to your Amazon Pay, you must go through the KYC procedure that Amazon Pay has. If you haven’t yet, you might not be able to receive any transfers to your Amazon Pay account. You must also keep your Amazon Pay app updated, or you might be unable to upload your documents for the KYC.
Amazon Pay Betting Sites Security and Safety
Each betting site has its security measures, but so does the payment method it offers. Amazon Pay is a reliable company that is well established and proven over time to be very secure. Here are the systems that Amazon Pay has implemented to secure all of the data you’ve sent them, including your bank account information.
Amazon Pay Security Measures
Amazon Pay’s server encrypts all the data you’ve sent to the payment service. This includes your debit or credit card, your name, and your home address. This encryption system converts your data into codes, so it’ll be safe from manipulation while the data travels over the internet.
Amazon Pay also uses Secure Sockets Layer software or SSL, which not only encrypts your information, but also maintains the security of the information. The SSL follows the International Standard on Information Technology, Security Techniques, Information Security Management Systems, and Requirements.
When you transact using Amazon Pay, Amazon Pay will only disclose the last four digits of your credit card number to confirm the order. The rest of the credit card number is transmitted to the credit card company as well when it processes your order. Amazon Pay diligently monitors all connections, movements, and disclosure of its customer’s information. This is why Amazon Pay may ask you for identity proof when it has to share your information with you to ensure that it’s not a stranger trying to overtake your account without permission.
Amazon Pay Account Security
Amazon Pay has security features to protect your account against unauthorised access and data loss. On every device connected to Amazon Pay, you’ll be able to choose the security feature based on your needs (for example, disabling data collection for interest-based ads).
Amazon Pay keeps a close eye on every piece of information you’ve sent to complete your account. It’ll only use your data to confirm your purchases, improve your experience with Amazon Pay, or make changes to personalise its services based on your preferences. It might also share your information solely for legal obligations.
Amazon Pay meticulously protects your data in every connection it makes for its business. It monitors all movements to ensure no third party can breach and take your data away from its secure server. The company follows the Payment Card Industry Data Security Standard when handling all financial information.
Amazon Pay Betting Site Bonuses and Promotions
Betting sites are competitive in rewarding their new customers and existing players to keep them loyal. You can find several bonuses and promotions that you can claim when using a specific payment option, but most of them are general, so that you can claim them despite the payment method.
It’s rare to find bonuses catering only to players that transact using Amazon Pay, but you can still claim many bonuses when using Amazon Pay as your payment method. You’ll find deposit match bonuses, risk-free bets, free bets, cashback bonuses, reload bonuses, and more. A sportsbook that accepts Amazon Pay also often offers a Loyalty Program that can give you more bonuses the more you play.
Amazon Pay Fees for Indian Users
Amazon Pay doesn’t charge you for transferring in and out of your account. Instead, the bank account you’ve connected with Amazon Pay might have transaction fees.
Some betting sites do have a specific commission fee for depositing and withdrawing, so you must check with your chosen betting site. Most betting sites will list each payment method’s transaction fee on the Cashier page. If you can’t see any information about it, you can contact customer support and ask for more information.
Deposits and Withdrawals Limits on Amazon Pay Betting Sites
Like transaction fees, deposits and withdrawal limits differ from betting site to betting site. You can also find this information on the Cashier page below the listed payment method.
On the other hand, Amazon Pay limits your transactions to a maximum of ₹10,000 per month. The limit goes for transferring in and transferring out. You won’t be able to fund your Amazon Pay further if you still have ₹10,000 in your account as well. To change this limit, you can contact Amazon Pay’s customer support team or finish the KYC procedure.
By completing the KYC procedure, you can increase your transaction limit to ₹100,000.
You’ll rarely find a sportsbook that accepts Amazon Pay in India, but you might find some betting sites accepting Amazon Pay as UPI.
Amazon Pay won’t ask you for any transaction fees. On the other hand, some betting sites have a small admission fee for each payment method. You can check with the Amazon Pay betting sites for more information regarding the transaction fee.
Each betting site has a different minimum deposit, so you must check with your chosen betting site to know for sure. The minimum deposit might also change depending on the bonus or promotions you want to claim.