Ways to deposit and withdraw money from Parimatch betting site
Parimatch is one of the top betting sites that offer a myriad of promotions and features. This bookmaker is licensed by the Gibraltar Gambling Commission and by the British Gambling Commission with registration number 39576. Therefore it can be concluded that this is the best official site for betting. You can bet on hundreds of matches, namely football, horse racing, cricket, tennis, basketball and many more. Keep reading our Parimatch review to find out more about this platform.
What is Parimatch?
This betting platform was founded back in 1994. During that time they had managed to gain the trust of hundreds and thousands of users. The company is headquartered in Limassol, Cyprus.
As mentioned earlier, Parimatch operates under trusted licenses and pays special attention to security and reliability. The platform is particularly popular with Indian players, as it allows them to bet on the best sports, including cricket.
You can take advantage of the modern and sophisticated betting site, as well as install a quality app on your Android or iOS devices. Either way, you can take advantage of a variety of depositing options, including cryptocurrency.
Features of Parimatch
Parimatch has a lot of features which sets it apart from other betting sites. We are talking about the following:
- The platform cooperates with various Indian payment systems;
- Easy and straightforward withdrawal and deposit;
- Thousands of events on favorite sports are available to players on a daily basis;
- The most favorable odds on eSports;
- Possibility to watch live broadcast of their favorite sport;
- The unique design.
This is what makes Parimatch so popular, especially among Indian players.
How to Deposit Money in Parimatch in India?
To withdraw money from Parimatch, you can use several methods. The platform offers some of the most modern and reliable payment systems. Let’s take a closer look:
- Bank cards. You can fund your balance via Visa and MasterCard. This is one of the most popular ways, but it is rather slow. Also, if you choose an unreliable operator and send your credit card information, it can end badly;
- Virtual wallets. Most users use e-wallets such as Skrill and Neteller for their reliability and speed of transaction with low fees. In addition, some wallets have special bonuses and offers that will help you win more at betting or casino games in the future;
- Digital payment systems. Parimatch offers systems popular with Indian players such as UPI, PayTM and others that allow for instant deposits with no fees;
- Wire transfer. Indian online banking is considered one of the best options for large deposit transfers. This convenient system allows users to deposit money from their bank account in minutes;
- Cryptocurrency. This is one of the most popular and innovative ways to deposit. Parimatch accepts different coins such as Bitcoin, LiteCoin and others. The main advantage of this method is total anonymity.
To deposit the money in a way that is most convenient for you, follow our instructions:
- Register or log in on the official website or app;
- Access the deposit page by clicking on the tab on the homepage;
- Familiarise yourself with all the options for making a deposit, and choose the one that suits you best;
- Specify the amount you wish to deposit and your bank details;
- Confirm your deposit and wait for the funds to be credited to your account automatically.
Don’t forget that the minimum amount you have to pay is 300 INR.
How to Withdraw Money from Parimatch India?
To withdraw your winnings, you should use the same payment method that you used to deposit your winnings. Also, the platform forbids the use of an account which does not belong to you. Only use your details and your account. You can withdraw money using the following methods:
- Bank transfers;
- AstroPay;
- Bitcoin;
- Ethereum;
- LiteCoin;
- Tether and many more.
If you encounter any difficulties during your withdrawal, you can always contact support to resolve the issue.
You will need to verify your account before you can make a withdrawal. To correctly withdraw your winnings, follow our instructions:
- Go to the app or the official Parimatch website and log in;
- Open the section entitled “Withdrawal of funds” and click on “Withdraw money”;
- Familiarize yourself with all the available options and choose the one that suits you best. The most popular ones are AstroPay and Netbanking;
- Follow the instructions on the screen.
Withdrawal Limits
There are some restrictions you need to keep in mind when making a withdrawal. The minimum withdrawal amount is 1000 INR if you use regular bank transfers. If you use cryptocurrency, for example Tether, then the minimum amount is 50 INR. If you want to withdraw more than 7500 INR, you need to verify your account. Also keep in mind that some banks may set their own limits.
What is Parimatch Withdrawal Time?
Parimatch does their best to ensure that withdrawals take as little time as possible, but it’s not all up to them directly. Most options provide instant withdrawal, but if you use Netbanking, it can take up to 48 hours. If you don’t receive your funds in a long time, you can contact support to resolve the issue.
FAQ
Why am I Denied a Withdrawal if My Account Was Successfully Verified?
There may be several reasons. As mentioned earlier, you need to verify your account before you can withdraw. In addition, difficulties may arise due to the following:
- You still have an active welcome bonus;
- You have not used 70% of your deposit;
- The withdrawal method you selected is not available at the moment;
- The withdrawal method you selected is not available due to technical problems.
You may simply need to withdraw again.
What Can I Do If My Favorite Payment Method on Parimatch is not Available?
Please contact support to resolve this.
Can I Cancel My Withdrawal?
If you have a pending withdrawal, you can cancel it. If not, you will not be able to withdraw.
Summary
Parimatch is a reliable betting site which will give its players an unforgettable experience and allow them to enjoy and take part in their favorite sports’ betting. So if you don’t already have a Parimatch account, it’s high time you do!
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