On this page
IMPS Online Casinos
On this page
Top rated casinos for players from Ohio:
Christmas Bonus
300% up to
3000$
Sign Up Bonus
500% up to
10000$
Sign Up Bonus - US
200% up to
200$
+50 spins
Online gambling is getting more and more popular among Indian players, who are often faced with the difficulty of choosing a proper payment method to use, but with IMPS, their problems are solved. This is an amazing solution, a system offered by leading Indian banks, providing users with the opportunity to make instant interbank fund transfers, via their mobile devices and other channels like SMS, ATMs, and internet banking. Crafted with the aim of helping Indian users make the most seamless transactions, IMPS was launched to modernize the Indian banking system, becoming very successful in it, for that matter, and gaining an impeccable reputation among users. If it sounds like a solution you'd like to try, stay here to learn more about it. What is IMPS and why choose to use it across Indian online casinos?
About IMPS
As an Indian citizen, you know how difficult and challenging it was until about a decade ago to make an instant transaction via the banking system in the country. The NEFT and RTGS were the only options for users but these were pretty time-consuming. That’s why, the National Payment Corporation of India (NPCI), a corporation with headquarters in Mumbai, decided to launch a solution that would solve this very pressing problem for users, IMPS (Immediate Payment Service).
In 2010, the NPCI conducted a pilot study on mobile payment systems and banks, with HDFC, SBI, Axis, YES Bank, BOI, ICICI, and UBI banks as participants, which showed that there was an urgent need for a new, innovative and contemporary solution that would allow users to use mobile devices for a more facilitated online banking. After the success of the pilot, Smt. Shyamala Gopinath, DG RBI allowed NPCI to put it live and signed off on it to become available to the entire public in India, via the standard banking system.
And since it runs through the banking system in India, the solution was unstoppable, solving problems for users that have been present for ages. What happens is, that the service offers 24/7 real-time funds transfer, via the interbank system. Transactions with it are processed via mobile devices, and several other channels like ATMs and SMS and internet banking, of course. With that, users can instantly move money from one to another bank in India, and any Prepaid Payment Instrument (PPI). Over 700 banks and PPIs are offering it at the moment, to millions of users.
Considering all financial institutions need to integrate with it is a banking payment instrument or a valid prepaid license by the Reserve Bank of India, all leading banks in the country are offering the service to their account holders. You should not have any problems when it comes to accessing the service; in fact, as long as you have a mobile device, you have the channel you need for accessing your funds and sending and receiving transactions via it.
What's more, when receiving a transaction, the sender only needs your mobile phone number; no bank account numbers, nada! That's what was actually the solution's intention and objective since day one: to build a foundation for a variety of mobile-based banking services to become available to Indian users. Two years prior to its launch, the Reserve Bank of India published the Payment Guidelines for mobile systems, asking banks and mobile network providers to become interoperable in order to provide the Indian public with a full suite of mobile-based banking services and functionalities. And IMPS was among the first to emerge, which offered exactly that.
As you’ll soon learn, it is incredibly easy to use, and each transaction you make with it is marked with a unique code, shared among the sender and recipient of the transaction, as an authentication tool. You can rest assured that all your funds will be perfectly safe with it, as the service completely relies on the Indian standard banking system. So, if eager to learn how to start using it, we’ll cover that next. Once you learn, you can immediately start using it across most, if not all, Indian casinos, since the solution has managed to get to the top of the accepted methods lists across all sites that cater to Indian players.
Getting Started with It
While the actual transaction request would be incredibly easy to make, you must first meet a few criteria to start using the service. First of all, you have to be an Indian citizen, of course, and then, you have to have an active bank account. Assuming you do meet these conditions, you can proceed with the next step.
That would be registering with the mobile banking service provided by your bank. Meaning, getting the MMID (Mobile Money Identifier). This is a 7-digit number your bank will issue, alongside the MPIN, which will allow you to quickly and successfully make mobile transfers. The next step would be downloading your bank’s mobile app. You can also check whether your particular bank allows the service via SMS, and if it does, you can simply use the SMS facility to complete the transaction.
The online casino, on the other hand, would just need to get its Mobile Money Identifier from its respective bank and link a mobile number to offer the service to its players. But as long as you see the solution offered at your chosen casino, you can rest assured the operator has gone through the needed steps.
Now, the first thing you need to do when making a deposit at the casino using IMPS, you’d need to log into the app and select the service, or just use an SMS to send the money. Either way, you’d need the casino’s MMID and mobile phone number. After you enter the amount you wish to deposit, you need to enter the MPIN and send the request. You will get an SMS confirmation informing you that the transfer was successful, containing a transaction reference number which you need to save, in case you need it later. And that would be it! Your transfer will be immediately completed, and in no time, you’ll have your funds on your casino balance. Stay with us, though, as we’ll take you through the exact steps you need to make, in casino terms, when depositing with the solution.
How to Deposit at Online Casinos with IMPS?
We mentioned earlier that IMPS is a solution offered across most, if not, all Indian casinos; and we were not kidding. Ever since it appeared in the country, it was an instant hit among users, so naturally, it started getting offered across all sites that target Indian players, for the most convenient casino banking.
Therefore, first, find the top Indian casinos that offer it, explore them, and decide on the one to join. When you have your winner, create a player account with it, sharing some basic personal info. When ready, to make a deposit with IMPS, go through these steps:
- Head over to your chosen casino’s Cashier or Banking page.
- Look for IMPS’s logo and press it.
- In the pop-up, select the bank you have an account with.
- Go through the steps we went in detail previously.
- As soon as the SMS confirmation arrives, you will see the funds on your casino balance, in real-time.
How to Withdraw Winnings with It?
As you’d assume, considering this is a solution that works through the standard banking system in India, withdrawals are possible with it, too. You'd need to log into your casino account and choose the solution as your withdrawal method, specify how much you wish to cash out, enter your MMID and mobile phone number, and that would be it. You can sit back and relax, waiting for the casino to approve the transaction and send you the funds; of course, you'll soon receive the SMS confirmation after the funds safely arrive in your bank account.
Fees and Limits
Given the fact the solution works through the banking system, fees are charged, as expected. But these would be pretty affordable, symbolic fees that would cover the basic costs of the transfer.
IMPS is still one of the most cost-efficient solutions that exist in India. Sure, the amount of the fee would depend on the bank or PPI you’re using, for the remittance service, but it would be an affordable one, no worries. If interested in knowing exactly the fee charged, get in touch with a Support representative at your bank or PPI.
Allowed Countries
It goes without saying that the solution is only available in India. Since it functions through the Indian banking system, it only processes transactions to and from Indian banks.
Unless you’re an Indian citizen with a valid bank account with any of the over 700 banks and PPIs, you won’t be able to make use of its services.
Accepted Currencies
Naturally, since this is a solution only offered in India, functioning through the banking system and offering interbank fund transfers, the only currency you can use is the Indian rupee.
But this goes to your advantage since all casinos that offer the solution also allow you to set the rupee as your default currency, meaning you'll avoid paying conversion fees. But, since the solution works through banks, you may check with your bank to see whether you can also use foreign currencies, and in that case, you need to be prepared to pay a conversion fee.
FAQs
Does the solution offer Customer Support?
Since this is a solution designed by NPCI, you would need to get in touch with NPCI’s Support team to ask any questions you may have. But, if experiencing a problem with a transaction, make sure you directly contact your bank’s Support agents, and they’ll assist you in the best way possible.
Does IMPS come with transaction limits?
While individual banks have their own limits set, there's a 5 Lakh limit for all channels, per transaction, except IVR and SMS. So, make sure you get in contact with a bank representative to discover more about any limits.
What happens if I had to change my mobile phone number?
If you changed your phone number, you'd need to re-register with the service, since this number is basically your ID when using it. So, visit your bank, update your contact info, and enter your new number, as prompted.
What leading Indian banks offer IMPS?
Most, if not all, leading banks in India offer the solution, so we can mention Punjab National Bank, Union Bank of India, the Central Bank of India, IDFC, Standard Chartered Bank, and Indian Bank, among others.
Can I use IMPS if I am an Indian citizen but I don’t have a bank account?
Yes. What happens is, as we said previously, you need to have a bank account, but if you don’t, then you need to be a user of a PPI solution, meaning a solution licensed as a Prepaid Payment Instrument, a wallet, for instance. Don’t hesitate to visit the IMPS page on NPCI’s official website to discover more about these PPIs.