PayU 

The Genesis of PayU

PayU is a financial technology company that enables seamless transactions between online businesses and users. The company was established in 2002 by a group of friends in The Netherlands and has since been acquired by the Naspers Group. With a presence in 16 countries across Europe, Latin America, Africa, and India, PayU has a substantial user base. The company offers a variety of services tailored to individual countries, but its online wallet service is the most popular. PayU’s digital wallet allows users to make deposits and withdrawals for a fee, which has contributed to the surge in PayU casino sites.

PayU is renowned for its simplicity and ease of use, making it a popular choice for online gambling transactions. Additionally, PayU prioritizes the security of its users and has implemented top-notch encryption technology to safeguard transactions. The company is completely transparent about its fees, ensuring that there are no hidden charges when using PayU to make transactions at online casinos. As a result, PayU has established itself as one of the safest and most reliable payment options available in the online gambling industry.

A Step-by-Step Guide to Depositing with PayU at Online Casinos

Using PayU to make deposits at online casinos is a breeze.

Here is a simple guide to help you get started:

1. Head to the PayU website and sign up for a digital wallet account. Add a payment method as a source of funds for your PayU
2. Look for an online casino that accepts PayU. We recommend choosing one from our list of the best PayU casino sites.
3. Create an account with the online casino and visit the banking section to initiate a deposit.
4. Select PayU as your deposit method and specify the amount you wish to add to your account.
5. Follow the instructions to input your PayU credentials and wait for the deposit to be confirmed.

That’s it! Your deposit should reflect in your online casino account within a few minutes. PayU is known for its swift and secure transactions, ensuring that your funds are available for use in no time.

PayU Deposit and Withdrawal Fees Explained

PayU supports multiple currencies, including USD, EUR, PLN, CLP, and more. Regardless of the currency, you use to play, PayU applies the same fee structure. The deposit fees for standard payment methods such as cards and e-wallets are 2%. However, for international transactions and American Express, the fees increase to 3% due to higher processing costs.

Although some payment methods are entirely free, a 2% to 3% fee for an e-wallet is typical. Competitors such as Neteller and Skrill also have fees within this range. It’s worth noting that the PayU deposit fee also applies to withdrawals.

Let’s take a closer look at the numbers. If you deposit $100 using PayU, you’ll pay between $2 and $3 in fees, depending on your payment method. Suppose you subsequently increase your balance and wish to withdraw $300. In that case, you’ll pay between $6 and $9 to do so. These fees can add up, so it’s essential to factor them into your decision before playing at a PayU casino.

PayU Withdrawal Times: What to Expect

Compared to traditional payment methods like Visa and Mastercard, PayU is known for its speed. However, the actual withdrawal speed can vary depending on the PayU casino site you choose. With an efficient casino backend process, you should expect withdrawals to be approved and back in your PayU account within 48 hours.

While PayU’s processing time is fast, the casino still needs to manually approve the payout. The good news is that we’ve tested the best PayU casino sites on this page for their withdrawal times. Keep in mind that you may need to complete KYC and submit documents when requesting your first payout from a new casino, which could lengthen turnaround times.

Pros and Cons of Using PayU as a Payment Method

PayU is a popular payment method for online gambling, but like any other option, it has its advantages and disadvantages. Below are some of the pros and cons of using PayU as your payment method:

Pros:

• PayU operates in 16 countries and supports 10 different currencies.
• It is free to sign up and doesn’t charge monthly account fees.
• PayU transactions are faster compared to traditional payment methods.
• It is a secure platform, utilizing encryption technology to keep your transactions safe.
• PayU offers a convenient mobile app for IOS and Android devices.

Cons:

• Fees for deposits and withdrawals range from 2% to 3%, which can add up to a significant amount over time.
• PayU may not be available in some areas yet, limiting its reach for online gamblers.

PayU Casino Bonuses and Promotions

Using a PayU casino offers numerous advantages, one of which is the availability of various casino bonuses and promotions. PayU users are not excluded from these promotions, and they can enjoy the same benefits as any other user, including a welcome bonus. A welcome bonus typically involves a deposit match and free spins.

Additionally, PayU casino users can benefit from regular loyalty rewards, such as free bonuses and cashback, by continuing to play. PayU casinos also offer special promotions like tournaments, competitions, online teen patti bonus games, and big cash giveaways, providing users with numerous opportunities to earn additional rewards.

PayU Customer Service

PayU offers a comprehensive knowledge center on its website that provides answers to frequently asked questions. In addition, 24/7 live chat support is available for users who need further assistance. You can track the status of your ticket for real-time updates if the live chat team requires additional time to address your concern.

However, PayU does not offer a dedicated email address or phone number for customer service. To receive the necessary assistance, you must follow the instructions on the PayU website and wait for a response.

Safety and Security of PayU Online Casinos

When making online payments, safety and security are top priorities. With PayU, you can trust that your transactions are protected. PayU is a regulated financial institution that holds licenses with national banks in each country where it operates. It’s also an e-wallet with multiple layers of security to ensure the safety of your funds.

The PayU payment gateway is fully encrypted, so all deposits and withdrawals with a PayU online casino go through a secure SSL tunnel. However, it’s important to only play at a safe PayU casino site that is regulated and holds proper licenses. All the top online casino sites listed on this page have been verified to be genuine and safe.

As a user, it’s recommended to follow standard security protocols like setting a secure password and not sharing your account details with anyone else.

Using PayU as an E-wallet for Online Gambling

For many players, using a separate e-wallet for online gambling is a preferred way to keep track of spending and ensure the security of their transactions. PayU offers a convenient and cost-effective solution for this, as it is free to set up and charges fees only for regular transactions. With PayU, you can easily deposit, withdraw and hold a balance for all your online gambling activities.

As PayU becomes more widely accepted at online casinos, adding funds to your account is a quick and seamless process, and payouts are typically processed faster than with traditional payment methods. In addition to these benefits, using PayU for online gambling is also completely safe and secure.