The UPI online casino payment system is a product that was created on the initiative of the NPCI Indian government agency. The solution has been successfully used in Asia and the Pacific Region.
Apart from gambling, this system is used in retail, tourism, insurance, banking, and other economic realms, which are directly related to noncash settlements.
To connect the UPI payment service for casinos, please contact Rosloto. We offer quick integration of the product into the structure of an already existing gaming site. The solution is also suitable for those operators who create virtual gambling platforms from scratch.
India launched this project in April 2016. The following key government agencies stood at its origins:
21 commercial banks participated in the preliminary launch of the product, and already at the beginning of 2020, 134 banking institutions of India and the neighbouring countries were connected to the system.
As for the users of the platform (these are gamblers, tourists, ordinary buyers in online stores, and service consumers on the Web), they can download the mobile application since August 2016. Initially, the solution was available only in Google Play but after a while, it also appeared in App Store.
This product works on the principle of a virtual platform for instant money transfers between various banking institutions and other electronic services. The system collects the requests orders for transactions and instantly makes a remittance.
The operation speed is determined by 2 factors:
Minimum account details
To install the UPI casino payment system and then conduct a transaction (make the first deposit, withdraw the earned funds), users do not need to complete forms with the bank account details.
This significantly speeds up money transfers and releases from a number of errors that often appear in the process of entering complex information
Integration of the advanced technologies
The integration of the UPI payment system into casinos is based on the use of IMPS multiple range systems (Immediate Payment Service) and AePS (a facility for conducting transactions managed by banks).
The involved platforms guarantee a high speed of operation of the UPI even during the times of increased loading of gaming sites
Integration of casinos with the UPI payment system is an excellent choice for companies that are focused on the mobile gambling market. The product is delivered as a convenient application that can be easily installed on an already existing casino platform.
There are several reasons for the popularity of the UPI wallet among the representatives of the iGaming industry:
Connection of the UPI product goes over well with players. They are ready to make deposits, place bets, and win valuable prizes on casino websites.
Users appreciate the following aspects:
UPI is a high-technology Indian product designed to facilitate and speed up noncash payments in several sectors of the economy: retail, insurance, gambling, and others.
To buy the UPI payment service, please contact Rosloto. We offer payment modules from well-known providers, turnkey casino platforms, solutions for the effective cooperation with affiliates, and other useful iGaming products.
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