IMPS online casinos are becoming more frequent in India, but many Indian punters still struggle to comprehend what exactly this means for them and how they can benefit from it. IMPS or Immediate Payment Service is a unique system for transferring funds from one bank to another, available only in India.
IMPS was founded in 2010 and is owned by the National Payments Corporation of India, an umbrella organization for operating retail payments and settlement systems.
Essentially, IMPS is using the National Financial Switch network and was primarily focused only on four banks: State Bank of India, Bank of India, Union Bank of India and ICICI Bank, but has quickly become available with many others. Today, IMPS is supported by hundreds of commercial banks, 101 district and commercial banks, as well as 24 PPI. IMPS is everywhere around you, including many popular IMPS online casinos that are waiting for your deposit.
In this article, we will help you understand how gambling with IMPS looks like, how to open and manage your user account and get the most buck for your money while playing in online casinos.
Best IMPS Online Casinos
How to Use IMPS in Online Casinos?
IMPS online casino can be easily recognized by the popular grey logo featured on their website. In case you can’t find it, scroll the list of payment methods or contact customer support for more information. To play in IMPS deposit casinos, you will need to activate this service, before you make your deposit.
Pros and Cons of IMPS
Not every payment method is the best choice for every punter. In case you still haven’t decided whether or not IMPs is the appropriate method for you, take a look at our list of pros and cons.
IMPS in India
IMPS is taking India by the storm. In September 2013, there were 1.02 million transactions executed via this method, but in September 2019 (only six years later), that number rose to 204.16 million. As of February 2020, this service was available at over 500 banks all across India, thus making it accessible to anyone. Also, this payment method is not only used in online casinos that accept IMPS but is also used between families, co-workers, to pay for utility bills, groceries, etc.
The number of online casinos that take IMPS is continuously on the grow, mostly because online gambling is becoming a favourite pastime for many Indians. Modern-day casino companies understand the importance of not only fast, but also safe transaction methods, so many of them added this popular method to their portfolio. The number of IMPS establishments is getting bigger every day, and what is most important, they tend to be safe, reliable, and licensed, just like this method they support.
Top IMPS Online Casinos
So, you want to know more about IMPS casinos? To do your search for the perfect casino as fast and as simple as possible, we created a list with several great suggestions!
- 10CRIC – this excellent casino establishment offers not only 17 bonuses at all times, but also incredible games and sports betting. All new customers get a 100% up to ₹10,000 bonus plus 20 free spins on a selected slot. All their games are powered by the biggest names in the industry, including Habanero, NetEnt, Blueprint, and Yggdrasil. Read our 10CRIC casino review to know more details about the brand.
- PlayOJO – in this casino there are no minimum withdrawals, you can win hourly, daily and mega jackpots, and enjoy a whole range of games that will keep you company for hours. Also, all new players get amazing 50 free spins to play attractive games by most popular providers.
- Genesis – here, you will find over 1,300 games, a fantastic welcome offer up to €1000 plus 300 free spins, and the best live casino providers, in case you want to get your hands on those games that make you feel as if you are in a real Las Vegas casino. Also, their fantastic mobile and desktop playing platform is merely breathtaking.
- 1️⃣ Is IMPS safe and reliable to use in casinos?
- IMPS is a safe and reliable payment method that is highly regulated and available, with over 500 Indian banks and financial companies. It is as safe as bank transfer and as modern as any popular eWallet. Also, IMPS as a payment bank is highly regulated in India, which makes it one of the top payment methods you can choose.
- 2️⃣ How long does it take to withdraw money from a casino with IMPS?
- IMPS withdrawals are almost instant when it comes to money transfer from bank to bank, but keep in mind how total withdrawal time will highly depend on your casino and your account status. Most casinos need at least 24h to process your withdrawal request and an additional 48 hours to verify your identity in case they haven’t done it before.
- 3️⃣ Is IMPS legal in India?
- IMPS is not only safe, reliable, but also legal. As a legit payment method, it is regulated and regularly tested by the Reserve Bank of India. Think logically, would any of the major banks involved with a payment system that is not legal? Not, so go ahead and use IMPS in your favourite casino.
- 4️⃣ What are the best casinos that support IMPS payments?
- Some of the top casinos that support IMPs are, without a doubt, Genesis casino, 10CRIC casino, and PlayOJO casino, all with fantastic welcome bonuses and incredible gaming portfolios that can’t be matched by their competitors. We strongly suggest you read our reviews on them and decide which one suits you and your needs the best.