Parimatch is one of the biggest online sports betting websites in India. Parimatch has one of the biggest sportsbooks on offer and a massive betting market where you can place your bets.
They have also scaled up their presence in the Indian market and cater well to Indian users by providing a variety of popular payment and withdrawal methods while also featuring a big sportsbook for cricket betting.
Before using Parimatch for betting, you will need to follow a few simple steps to make a deposit, using your preferred payment method. In this guide, we will take you through those steps while also giving an overview of the payment methods that Parimatch accepts.
How to Make a Deposit with UPI at Parimatch?
Unified Payment Interface (UPI) has now become the default method of monetary transaction for many Indian customers. It is extremely easy to use and payments can be done within a few seconds with the help of UPI.
This trend has been noted by many online betting sites and they have started to incorporate UPI as a payment and withdrawal method.
Parimatch also offers UPI as a payment method and it can be used as a tool to add money into your Parimatch account.
Before you can make a deposit, it is important to create and verify your account. You can read all about it on our Parimatch registration page.
Making a deposit with UPI can be done in a few easy steps. Here, we will give you a step-by-step guide.
- Sign in to your Parimatch button and click on the deposit button
- This will redirect you to a page that will show your balance and the various deposit options that Parimatch offers
- You will find UPI as one of the payment methods there. Opt for that.
- Enter the amount you want to deposit along with your UPI ID
- You should get a notification on your UPI app about the payment amount. You will have to confirm that by entering your UPI PIN.
- The payment will then be done and the amount should reflect on your Parimatch account within 10 minutes
- You will also get a message from your bank confirming the transaction
After your deposit is done, you can use the variety of features available on Parimatch and start betting. If you need help with that, make sure to read our guide on Parimatch cricket betting.
Which Payment Methods are Accepted?
UPI is only one of the payment methods accepted by Parimatch. Apart from UPI, Parimatch also offers you a variety of other deposit methods that are widely used by Indian users.
The payment methods offered by Parimatch are:
- Indian Net Banking
- Mastercard Credit and Debit Cards
- Visa Credit and Debit Cards
The time it takes for the money to reflect on your Parimatch account after the transaction is completed ranges from instant to 10 minutes.
The withdrawal methods are very similar, but may vary a little bit. Make sure to read our Parimatch withdrawals page to find out all the details.
What is the Minimum Deposit at Parimatch?
One of the reasons why Parimatch has become a very popular online betting site is the reasonable minimum deposit limit they have set for all payment methods.
Parimatch has also adopted a strategy of keeping a standard minimum deposit limit for all their payment platforms, which is set at INR 300.
While this is a fair minimum deposit amount, some bookmakers allow you to deposit even lower sums. Make sure to read our low deposit betting sites page to find out more.
Which Indian Banks Support Parimatch?
While depositing and withdrawing on Parimatch, you won’t find any restrictions from any Indian banks when it comes to net banking. All Indian banks support Parimatch and you won’t have any trouble while depositing money on Parimatch through net banking, irrespective of the bank your account is registered in.
As betting is legal in India and Parimatch has a valid overseas license, the betting site is completely legal as well. Check out the page on Parimatch legality for more details.
Can I Change my Deposit Limit?
Parimatch is extremely strict when it comes to responsible gambling for its users and has implemented a host of measures to ensure that you don’t fall victim to gambling addiction.
Parimatch helps you to set deposit limits by getting in touch with the customer support team through live chat. After giving them the details, you can impose maximum betting or deposit limits on yourself and also change them by contacting them again. The restrictions can also be removed.
Parimatch also offers other helpful tools like setting time limits and self-exclusion for you to practice responsible gambling.
Can I Get a Refund?
After depositing money on Parimatch, there is no way to get your funds back in the form of a refund. You will either have to use that money on betting or keep it deposited in your Parimatch account. Your money will always stay safe in your Parimatch account as it employs top-notch security to keep your data and information private.
Getting refunds is impossible after depositing, as Parimatch has to stick to regulations with the gambling authorities. Parimatch is licensed by the Curacao eGaming license and operated in the same country. To comply with the regulations and in a bid to combat money-laundering schemes, getting a refund is not an option on Parimatch.
But for any other queries and transaction issues, you can always contact Parimatch’s brilliant customer support.
Can I Transfer Funds from One Parimatch Account to Another?
No, transferring funds from one account to another is not possible on Parimatch. Parimatch is an online gaming and betting site and is not supposed to be used solely for monetary transactions.
Even if you own two Parimatch accounts, you simply cannot transfer funds from one account to another. If money is deposited in one Parimatch account, you will have to use those funds on that account itself.
This is again a measure that is put in place by Parimatch to comply with the gambling licenses and also to counter and combat money-laundering efforts.