BHIM Betting Sites in India

BHIM is a mobile payment application developed and managed by the National Payments Corporation of India (NPCI). The Indian mobile payment service was launched on 30th December 2016. It has become popular in Indian sports betting platforms due to its speedy payment transactions. Indian sports betting fanatics enjoy fast, secure, and straightforward digital payments when wagering online. It has received abundant approval from local bettors because it’s a credible and trusted payment system supported by a well-known brand.

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Rakesh Nadkarni

Betting Sites India

Brief Overview of BHIM

Sportsbooks in India focus on providing customised payments to their players. BHIM is available in 20 languages, both local and international languages.

Its simple and user-friendly interface makes it easy to use for anyone over 18 when betting online. Bettors can make payments using the system through the UPI ID or their registered phone number. Many perks are associated with using BHIM as a preferred payment method on Indian sportsbooks.

History of BHIM Mobile Payment Service in India

BHIM (Bharat Interface for Money) is named after the famous Indian doctor, Dr Bhimrao Ambedkar. The mobile payment application has been in operation since December 30th, 2016.

The National Payments Corporation of India (NPCI) used the Unified Payments Interface (UPI) when developing the BHIM payment service. It was designed to facilitate cashless payments by allowing users to make payments directly through their banks.

BHIM supports transactions with all Indian banks which use the UPI functionality. The UPI is constructed over the IMPS (Immediate Payment Service) infrastructure that facilitates immediate payments. Currently, the service has more than 170 member banks, both local and international financial institutions operating in India.

On November 9th, 2022, NPCI announced that the BHIM payment application would use the open-source licence model. The move grants regulated financial entities to utilise the source code without legal consequences. They can also release and use the same functionalities in the BHIM mobile application.

The Functionality of BHIM Mobile Payment For Indian Users?

BHIM is a mobile application that provides cashless payment systems for the Indian population. The mobile app is compatible with Android (5 and above) and iOS (9.0 and above) devices. Indian bettors can easily find the mobile app on AppStore and Google Play. The mobile app download link is also available on the official BHIM website.

The mobile payment systems allow users to pay individuals or institutions with UPI payment addresses. Users can still make payments to users with no UPI-based accounts by scanning a unique QR code. The QR code will feature an account number and MMID or IFS code.

BHIM payment systems use a different functionality compared to popular mobile wallets. While most mobile wallets hold money, BHIM mobile app only creates a medium for transferring funds between two parties. The transactions are instant and can be executed at any time of the day. Unlimited access to the payment method makes it easy for Indian betting fans to deposit and withdraw money 24/7.

The two primary ways of making payments using BHIM are by using the UPI ID or one’s registered mobile phone number. Additionally, the platform allows users to make payments using the Aadhaar authentication.

Betting Sites India

Picking The Best BHIM 

  • Fast payment: BHIM is a speedy mobile payment service. It provides users with swift transactions regardless of the time of the payment.
  • Simple payment method: The payment system uses the Unified Payments Interface (UPI), making payments more straightforward. Users can make payments using their mobile phone numbers or the UPI ID.
  • Secure and Trusted: The National Payments Corporation of India provides the BHIM mobile payment service. It was created by the Indian Banks’ Association (IBA) and Reserve Bank of India (RBI).
  • Localised payment service: It’s available in 20 languages, including Hindi. Players can make payments using the local currency, the Indian rupee.

How To Deposit Funds on BHIM Sports Betting Sites

The deposit process using BHIM is very simple. Players must have the BHIM mobile app before they can top up their sportsbooks accounts.They also need to confirm if BHIM is a preferred payment method listed by the sports wagering website.

Step-by-step Guide

  • Access the payment section of the betting site.
  • Click on the deposit option and select BHIM as your preferred deposit method.
  • Input the required details on the pop-up window.
  • Confirm the details and the deposit request.
  • The betting site will send an automated deposit request to the BHIM UPI.
  • Verify and confirm the deposit request on the BHIM mobile application.
  • The payment will be approved instantly, and the money will reflect in your player’s account.
  • You will get a notification on the BHIM mobile app and the sportsbook confirming the transaction.

Common Issues Experienced by Indian Users and How to Solve Them

Phone Compatibility

BHIM mobile app is compatible with iOS and Android devices. However, some players can experience incompatibility issues if their phones don’t meet the minimum operating system requirements. Players should have Android devices (5 and above) or iOS devices (9.0 and above).

Language selections

The BHIM mobile app is available in 20 languages. Yet, some players can accidentally pick a language they are unfamiliar with. Indian users unfamiliar with international languages can opt for the Hindi language option available on the app.

Rejected deposit requests

Indian users can have their deposit requests rejected for various reasons. The BHIM and sportsbooks encourage players to confirm every detail is correct before confirming the withdrawal request. Inconsistency in the information provided will affect the approval of the deposit request.

How to Cash-Out on BHIM Sports Betting Sites.

Players who have successful wins on the sportsbooks that accept BHIM, can use the payment method to withdraw their wins. There are different T7Cs associated with withdrawal requests based on the operator.

Step-by-Step Guide

  • Access the sports betting platform after logging in.
  • Click on the payment section of the website and pick the withdrawal section.
  • Select BHIM payment as your preferred cash-out method.
  • You might be requested to submit a KYC document depending on the sports betting platform and the amount being withdrawn. The documents will be used to verify your identity and the authenticity of your player’s account.
  • After inputting the necessary details for the BHIM withdrawal option, the platform will request you confirm the details. Every sportsbook will have different required fields for players making cash-out requests.
  • Once you have confirmed all the information in the withdrawal section, click the confirm button.
  • The sportsbook will confirm your withdrawal request and process the request in the shortest time possible.
  • Once the withdrawal request is approved and successful, players will get a notification.

Common Issues Affecting Indian BHIM Users and How to Solve Them 

Delayed withdrawal process

Indian sports betting fanatics can experience delayed withdrawals when using the BHIM payment service. Sportsbooks that accept BHIM encourage players to use the payment when depositing and withdrawing funds to make transaction verification speedy. Additionally, confirming all the details before finalising the withdrawal request is best.

Betting Sites India

Safety and Security When Wagering on Indian BHIM Sports Betting Sites

BHIM payment services have partnered with various sports betting platforms in India. Every sports-wagering fanatic in India wants the most secure and safe sportsbooks. BHIM has only partnered with licensed and regulated sportsbooks by reliable and credible online gaming regulatory bodies.

The gaming regulatory bodies ensure the operators have the best safety and security measures. Apart from the security measures, it also provides a comprehensive privacy policy protecting consumer data collected, accessed, and even shared.

The sportsbooks also ensure players provide only the required information when wagering online. They also provide players with various tools and resources to ensure their accounts and funds are always secure and safe. The Indian government plans to introduce more specific regulations which target online gambling activities in the country. The rules will provide additional protection to Indians who love sports betting from any unscrupulous sports wagering websites.

Security Measures Utilised By BHIM Mobile Payment

BHIM remains one of the most popular payment methods for Indian sportsbooks. Players are guaranteed speedy and secure payment service when using BHIM. The mobile payment service has various security measures, which include:

  • The use of encrypted SSL servers to protect and secure all transactions.
  • BHIM payment services are based on the unified payment interface (UPI) technology. Hence the payment service can’t be used on two phones simultaneously.
  • Indian users can’t use the BHIM payment services on a mobile phone without a sim card. It can uniquely identify the device and even detect an active number.
  • Every transaction facilitated on the platform requires one to have a uniquely generated UPI pin code.
  • Unlike other mobile wallets, BHIM doesn’t hold any money; it only acts as a bridge connecting two destinations of a given payment.

All the above factors are key in ensuring maximum safety when making payments on the platform.

BHIM Account Safety

BHIM guarantees users of maximum security and safety with every transaction. The mobile payment platforms don’t hold any money like mobile wallets, thus eliminating the risk of unauthorised access to users’ funds.

Every transaction facilitated by the platform is approved and verified by a special UPI pin code. UPI eliminates the risk of cloning accounts since it prevents using BHIM payment services on two mobile phones. Customer support at BHIM is always available to help players with any issues regarding account security.

Betting Sites India

BHIM Sports Betting Bonuses

Bonuses and promotions are a central part of every sports betting platform. Indian sportsbooks have an expansive collection of bonuses and promotions based on the operator’s T&Cs.

The bonuses also come with various eligibility and wagering requirements. Players should look for payment-specific bonuses from their preferred online betting website when using BHIM payment services. The most popular payment-specific bonus provided by sportsbooks is the deposit bonus.

Players can enjoy up to 100% match on their deposit, based on their payment method. Sportsbooks can limit the bonus to new players or make it available to even the existing players. Observing the wagering requirements of the deposit match bonus will ensure one can access the funds and wins from the bonus. Indian sports betting fanatics can find more about the BHIM payment-specific bonuses from their preferred sportsbooks.

Additionally, the bonuses can run seasonally or permanently. Hence one needs to be updated on the latest running bonuses the sportsbook runs.

BHIM Payment Fees for Indian Bettors

In 2017, most Indian banks suggested the introduction of fees on UPI payments. However, there is no formal communication about whether the BHIM transactions will also be charged fees.

Currently, there are no fees for payments ranging from ₹1 to ₹100,000. But some banks might levy transactional fees on the UPI and IMPS transfers. Players can confirm with the sportsbooks, and BHIM customer supports any possible costs associated with the payments.

BHIM Payment Limits on Betting Websites

The BHIM payment limits on the sports betting platforms vary from one operator to another. The sportsbook determines the ideal deposit and withdrawal limits on their sites. They also have the freedom to adjust the limits based on various factors.

Indian sports wagering enthusiasts can find the BHIM payment limits of the sportsbooks on the payment section of the website. Some betting sites have loyalty programs, and higher-level players enjoy higher withdrawal limits.

Betting Sites India

Common FAQs

  • Can I use BHIM on betting sites in India?

    Sports wagering players in India can deposit and withdraw funds from betting sites using the BHIM payment service.

  • Which are the fees for gambling with BHIM?

    Currently, BHIM payment doesn’t charge fees for payments within the range of ₹1 to ₹100,000. Yet, some banks might charge players when making payments.

  • What is the minimum deposit with BHIM on betting sites?

    Sports betting websites with BHIM as a preferred payment method have different minimum deposits. The minimum deposit is based on various factors and is at the discretion of the betting sites. 

Rakesh Nadkarni