IPL betting apps for Indians that accept IMPS

Intermediate Payment Service, or IMPS, offers real-time and round-the-clock transfers, making it ideal for bettors seeking immediate payment transfers. Introduced a few years ago, it is still among the popular payment options supported by many Indian Premier League betting apps. IMPS ensures efficient payment services to place bets on your chosen IPL events easily.

IMPS overview

IMPS is an electronic fund transfer system in India that facilitates flawless and hassle-free transfers for various transactions, including payments made using IPL betting apps. You can link IMPS with most Indian bank accounts. Furthermore, this payment system supports rupees, eliminating exchange fees.

Processing times for deposits and withdrawals using IMPS differ. It will depend on your chosen IPL betting app, which may also impose other payment terms. Minimum deposits and withdrawal limits start from 100 rupees, which is beneficial for regular players. Meanwhile, high rollers can expect higher maximum limits for deposits and withdrawals.

In terms of transaction fees, expect to incur some charges. However, some IPL betting apps might not impose such fees.

Guide to using IMPS for IPL betting

If you frequently use IMPS for payments, you know that it comes with specific processes which one must look into to ensure successful transactions.

Guide to using IMPS for IPL betting

ESTIMATED

5 minutes

EQUIPMEN REQUIRED

Phone, tablet or desktop PC and an Internet connection

You must top up your bank account balance. It is best to have enough funds in your bank before you make deposits on your IPL betting app through IMPS.

Simply tap the betting app’s name. It will lead you to the homepage, where you must register an account. Enter the required details like your name, phone number, email, and password and verify your account. Download the application.

Select IMPS from the list of payment methods. Enter the bank account details and MMID (Mobile Money Identifier Number) or Login ID. Provide the OTP sent to your mobile number to confirm the transaction.

Check the Cricket section to see the complete IPL matches available for betting. You can choose the live events or bet on games scheduled to be played in the next few days.

In most Indian Premier League betting apps, deposits are processed immediately after you authenticate the deposit with IMPS.

How to withdraw winnings to IMPS

You can transfer your winnings from your IPL betting app account to your bank. There are certain conditions, though, that you must know to ensure a successful withdrawal.

How to withdraw winnings to IMPS

ESTIMATED

5 minutes

EQUIPMEN REQUIRED

Phone, tablet or desktop PC and an Internet connection

Enter the information you used when you signed up for an account. The credentials should be the same to avoid errors in the process.

The bonuses you activated must be used and wagered accordingly. Otherwise, you won’t be allowed to withdraw. Also, pass the KYC to verify your identity.

Choose IMPS as your payment method. Ensure you choose the IMPS payment option, as you might encounter errors if you do otherwise.

The withdrawal amount should be within the limits. Enter your MMID and other required bank details. Submit the withdrawal request.

Why use IMPS in IPL apps

Knowing the benefits and drawbacks of IMPS lets bettors create realistic expectations. While this payment method offers excellent benefits, users should also consider some disadvantages.

Here are the most considerable advantages of betting with IMPS:

Supported by most bookmakers. With IMPS being a popular payment system in India, it’s not surprising that almost all IPL betting apps have this as one of their trusted payment methods.
Secure transactions. Users must provide OTPs to authenticate the deposits and withdrawals. Meanwhile, all payments and data are encrypted, ensuring that your transactions remain safe and protected.
Low transaction fees. It’s a cost-effective payment option. The specific number depends on the bank you use, generally between 5 and 15 INR, making it an affordable option for frequent deposits and withdrawals.
Fast processing times. As mentioned, you can receive deposits on your IPL betting app account with IMPS. In most cases, you only need a few seconds for the funds to reflect in your account.
Managed by the NPCI. This serves as IMPS’s central hub, ensuring seamless operations via a robust infrastructure.

However, there are some significant cons that IPL bettors need to consider:

Withdrawals may take time. Withdrawing through IMPS may require longer waiting times. Of course, this still depends on the amount and other conditions your betting app imposes.
Some banks do not support IMPS. While major banks in India allow transactions through IMPS, there might be some that do not. This can be a hassle for bettors whose banks cannot be linked with IMPS.

Expect to discover more about IMPS as you continuously use it in your Indian Premier League betting app’s deposits and withdrawals.

FAQ

Is it allowed to deposit using IMPS and cash out winnings through Visa?

Most IPL betting apps discourage using different payment methods. Bettors must use the IMPS in both deposits and withdrawals. Otherwise, there will be errors during the payment process. Even if you try another method, your betting app operator may change it back to IMPS.

Can I make IMPS payments on the IPL betting app with rupees?

Yes. IMPS is a payment system in India, so it’s a given that rupee is one of their supported currencies. This gives bettors a more straightforward deposit and withdrawal process on their IPL betting app accounts. It eliminates the hassles of currency conversion processes.

Is it safe to use IPL betting apps that support IMPS?

Yes. This payment option follows strict guidelines, requiring one-time codes to confirm transactions and encryption protocols to protect user data. Within the payment process, you must also enter IMPS details for the deposits and withdrawals to be successfully processed.