- Betting With Freecharge Overview
- Criteria For Choosing The Best Freecharge Betting Site In India
- How to Deposit With Freecharge At Betting Sites
- How To Withdraw With Freecharge At Betting Sites
- Information About The Safety And Security Of Freecharge Betting Sites In India
- Security Measures That you get With Freecharge
- What Betting Bonuses Can You Get With Freecharge?
- Does Freecharge Have Fees For Indian Users?
- Limits On Deposits And Withdrawals On Freecharge Betting Sites
Betting With Freecharge Overview
Before we get into the reasons Indian punters trust Freecharge for deposits and withdrawals at online sportsbooks, it’s important to understand how this payment method started and how it works. Look through the sections below to learn a little more about Freecharge’s history in India:
All About the History of Freecharge in India
Freecharge was founded in 2010 by two Indian entrepreneurs, Sandeep Tandon and Kunal Shah. Although it started as a fast and convenient way to recharge prepaid phones, the company quickly evolved to allow users to pay their bills or make UPI payments.
Another aspect that made Freecharge different from its competitors were the discount codes it offered. Whenever users charged their prepaid cards, they’d get an equivalent value at various restaurants and clothing stores.
In 2016, Freecharge partnered with Axis Bank to launch its own UPI, allowing users to send and receive money from their bank accounts instantly. The following year, Axis Bank bought Freecharge, further solidifying its position as a trusted payment method.
How Does Freecharge Work in India?
Freecharge is a payment method that allows users to pay for a range of services, such as loans, rent, cable TV, and credit card bills. The payment platform can be connected to bank accounts or debit cards, making it highly convenient to set up a payment.
In addition, Freecharge also works as an e-wallet. This option makes it incredibly easy to send and receive money, especially for those who enjoy online sportsbooks. The best part is that punters can still use their e-wallet to pay for their bills and other services.
Criteria For Choosing The Best Freecharge Betting Site In India
Although Freecharge is a safe payment method, it shouldn’t be the only criteria to look for when choosing a betting site. Here are a few other parameters you should pay attention to before making your choice:
- Licensing information: Licences are key when it comes to online betting. Before receiving a licence, sites are tested according to a variety of parameters, such as fairness, financial transparency, and responsible gambling. Choosing a licensed betting site is the best way to stay safe when betting online.
- Security features: Licensed sites follow the latest security standards, including SSL encryption and privacy policies. In addition, sites that accept debit cards and other reputable payment methods must comply with the regulations set by PCI DSS. You should only choose sites that focus on security.
- Events and markets: We always recommend looking through the events and markets available before signing up at a betting site. The best sportsbooks in India will offer thousands of monthly events and hundreds of markets in the top leagues. This way, you can ensure there’s always something to bet on.
- Game selection: If you enjoy betting on sports, chances are you also like playing online casino games. For this reason, it’s also important to choose sites with a wide variety of casino games, such as slots, table games, and even live dealer tables.
- Withdrawal speed: Freecharge is known for its fast withdrawals. However, not all sites allow punters to instantly receive their funds. You should always verify how long withdrawals take before registering a new account at a betting site.
- Customer support: But what if things don’t go as planned? That’s where customer support comes in. You should only choose sites that offer outstanding customer service, including 24/7 live chat support.
How to Deposit With Freecharge At Betting Sites
You shouldn’t have issues adding funds to your account at a sportsbook that accept Freecharge. Deposits are processed instantly, allowing you to enjoy your funds as soon as possible. Check out the sections below to learn how to get started.
Step-by-Step Guide on Freecharge Deposits
Before you get started, you’ll need to sign up for a Freecharge wallet. You can do this by visiting the payment provider’s website. Then, follow the steps below:
- Sign up at a betting site that accepts Freecharge.
- Head over to the cashier and click “Deposit.”
- Select the Freecharge option.
- Log into your Freecharge account.
- Enter the deposit amount.
- Verify and accept the transaction.
Common Issues With Freecharge and how to Solve Them for Indian Users
Even though it’s a popular option, Freecharge isn’t free from issues. Luckily, solving problems with this payment method is easy. Here’s a short guide to help you solve common issues, such as missing funds or unauthorised transactions.
- I can’t add funds to my Freecharge wallet: Your banking network may be offline. Please try again later. If that’s not the case, please ensure you’re still within your monthly load limit.
- I added funds to my account but the money isn’t available: Although transactions are instant, it can take up to 24 hours until the balance is updated. We recommend waiting 24 hours before trying again.
- I can’t deposit using Freecharge: Please verify if the betting site accepts Freecharge. If not, please choose another payment method.
How To Withdraw With Freecharge At Betting Sites
Withdrawing from a sportsbook that accept Freecharge is effortless, as most requests are processed in a few minutes. However, not all bookmakers have the same withdrawal time, making it important to choose betting sites that prioritise fast payouts. Learn more about Freecharge withdrawals:
Step-by-step Withdrawal Guide
You can only withdraw via Freecharge if you have a wallet set up. After doing so, you can easily request a withdrawal by following the steps below:
- Log into your account at a sportsbook that accept Freecharge.
- Go to the cashier section and press “Withdraw.”
- Choose Freecharge and enter your account details.
- Type the withdrawal amount and confirm the transaction.
Freecharge Common Issues and how to Solve Them for Indian Users
Most Indian punters don’t have problems withdrawing from a sportsbook that accept Freecharge. However, it’s important to know what to do in case of problems. The good news is that we compiled the most common issues you can encounter and how to solve them. Check it out:
- I can’t withdraw funds from my Freecharge wallet: Because of the banking regulations in India, Freecharge doesn’t allow users who haven’t verified their account to withdraw from their wallets. Please complete the KYC procedure and try again.
- My Freecharge wallet is inactive: Freecharge wallets are deactivated after a year of inactivity. To reactivate your wallet, you’ll need to log into your account, enter your PAN, and verify your phone number.
- Freecharge doesn’t appear in the withdrawal options: Some betting sites only accept withdrawals through payment methods that were previously used to deposit. You’ll have to choose another payment method to withdraw.
Information About The Safety And Security Of Freecharge Betting Sites In India
Freecharge is owned by Axis Bank, one of the largest banking institutions in India. This makes it a highly reputable payment method, which is perfect if you’re looking to deposit and withdraw from online betting sites.
But how does Freecharge ensure the safety of its users? What security features does it have? Keep reading as we look into the technology behind this payment method:
Security Measures That you get With Freecharge
The payment method is powered by some of the most recognisable security measures in the payment industry, such as SSL encryption and Mastercard SecureCode. In addition, Freecharge is verified by institutions like VISA and PCI DSS. Learn how this contributes to its safety:
- SSL encryption: SSL encryption is the global standard when it comes to online encryption. Freecharge’s encryption algorithm was verified by GlobalSign.
- Mastercard SecureCode: MasterCard SecureCode is a private code that further increases the security of online transactions. Without the code, no one can access your debit card’s details.
- VISA verification: Even though it operates a banking institution, VISA also conducts verification on the merchants that accept it. Freecharge is verified by VISA.
- PCI DSS: PCI DSS is a series of security standards created by the world’s largest credit card institutions – VISA, Mastercard, American Express, Discover, and JCB. Freecharge complies with this organisation’s standards.
How Does Freecharge Contribute to your Account safety?
On top of the security protocols previously mentioned, Freecharge also ensures the safety of its users through ISO 27001 verification. The ISO standard is related to encryption, risk management, and online safety.
What Betting Bonuses Can You Get With Freecharge?
Freecharge is compatible with various betting offers, including deposit bonuses, free bets, risk-free wagers, and boosted odds. Check out how each bonus works and what rewards you can get:
- Deposit bonuses: Deposit bonuses will boost your bankroll after your first deposit, usually by 100%. However, bonus funds are subject to wagering requirements, requiring players to wager multiple times before being converted to real money.
- Free bets: As the name implies, free bets allow you to bet on sports for free. These bonuses are usually assigned after players deposit and place a qualifying wager. Free bets may also come with restrictions, such as minimum odds and minimum number of events.
- Risk-free wagers: Risk-free wagers work like free bets. However, the difference is that they allow players to claim a refund if their first bet loses. As usual, risk-free wagers can also have additional restrictions.
Does Freecharge Have Fees For Indian Users?
Convenience and speed aren’t the only things that made Freecharge so popular among Indian punters. The payment method is also free to use, whether you’re adding funds to your account or requesting a withdrawal.
However, there are a few exceptions. If you have a Freecharge debit card, you’ll have to pay an annual fee of INR 250. In addition, credit card transactions have a 2.5% fee if you exceed your limit and late payment fees ranging from 500 INR to 1,200 INR.
Limits On Deposits And Withdrawals On Freecharge Betting Sites
Unfortunately, as with other payment platforms in India, Freecharge has strict limits. Punters can only load and spend a maximum of 5,000 INR from their wallets per month. Completing the KYC verification increases the monthly limit to 10,000 INR.
Alternatively, you can also increase your limit by using Freecharge UPI, which has a maximum transaction amount of 10,000 INR. However, it’s worth noting some betting sites in India only accept Freecharge payments via e-wallet.
See what other Indian punters are asking about Freecharge:
Yes. Several Indian betting sites accept this payment method.
Freecharge is free to use. However, Freecharge’s credit card has an annual fee of 250 INR.
The minimum deposit at a sportsbook that accept Freecharge ranges from INR 257 to INR 400.