Deposit with PhonePe


Have you ever wondered whether or not you can fund your betting account with your PhonePe app? Perhaps you have tried before but didn’t have success? You can deposit money on a betting site with PhonePe, and it’s very simple!

In this guide, we will share all the details with you!

At the moment, only a handful of bookmakers list PhonePe as part of their payment methods, but that is not a true representation of PhonePe as a deposit method in Indian betting sites.

You can transfer money to many more bookmakers via PhonePe, even if the app is not included on their deposit pages by using the UPI option.

In this article, we will shed more light on PhonePe as a deposit method, and give you a comprehensive guide on how to fund your betting account via this very popular app.



  • No fees when depositing with PhonePe
  • Allows transactions in Indian Rupees
  • Secure and reliable: regulated by Reserve Bank
  • Multiple payment options: UPI, bank transfer, bank card, etc.


  • Transfers are not instant but may take up to 3 hours to arrive
  • Account setup and verification can be complicated due to Indian laws and regulations

How to Deposit on a Betting Site with PhonePe

Now that you know the benefits and the drawbacks of using PhonePe, let us now take you through the process of depositing money into online bookmakers with this payment method.


To open a PhonePe account, the first thing to do is to download the PhonePe app.

You can download the app directly from the PhonePe website, or by visiting the Google Playstore or the app store, and searching for PhonePe. As long as you have a decent internet connection, downloading the PhonePe app should be pretty breezy.

When the app is installed on your phone, you should proceed to register an account. Opening a PhonePe account is done by the following steps:

  • Verify your phone number

The first step in your PhonePe registration is to provide your phone number. Make sure the number you enter is the one linked with your bank account. PhonePe will send a one-time password to your phone number. Enter it and click “Verify” to proceed with your registration.

  • Fill in your details

After verifying your number, PhonePe takes you to another page, where you will be required to fill in your full name, email addresses, and create a four-digit password. Supply these details, accept the terms and conditions, and click “Activate Account”.

  • Create new VPA

The next step is to create a new Virtual Payment Address (VPA). Consider the VPA as the username for your account, which allows you to send and receive money without having to type in your account number.

Deposit with Phone Pe on 1x Bet mobile

  • Link your bank account

After creating your VPA, go on and select the bank you want to link to your account. When you select your bank, PhonePe will automatically fetch your bank details (using your verified phone number). Confirm these details and boom, you can start using your PhonePe app to send and receive money!

Note that you need to authorize every transaction by providing the BHIM UPI PIN. If you have never set a BHIM UPI PIN for your bank account, you will see a “Set BHIM UPI PIN” option under your account details.

To create the PIN, you will be asked to enter the last six digits of your Debit/ATM card, the “Expiry Date”, and the one-time password sent by your bank for verification. Each bank account has a unique UPI PIN.

Start paying with PhonePe!

Now that you have completed the abovementioned steps, you’re ready to start using PhonePe.

You can use it to pay for your everyday necessities, pay bills, buy electricity, gift cards, gold, and of course, deposit money on a betting site!


There are several ways that you can pay with PhonePe. Here are the 5 most common ways to do it.

  • Direct-Debit using UPI
    This payment method involves the direct transfer of money from your bank account to the recipient through the BHIM UPI service.
  • Debit and Credit Cards
    When you select this option, all you have to do is to fill in your card details and complete your transaction.
  • External Wallets
    PhonePe is into partnerships with external wallets like Freecharge, Airtel, and JioMoney. These wallets have their apps built into PhonePe. So if you have accounts with any of these wallets, you can make payments with them via the PhonePe app.
  • PhonePe Gift Card
    You can purchase a separate Gift Card on PhonePe and use it for all your shopping needs. Gift card amounts range between 100 and 10,000 Rupees.
  • PhonePe Wallet
    PhonePe also has its e-Wallet, which allows you to store money and use the cash whenever the need arises. You can fund your PhonePe wallet from your bank account using either UPI or your credit/debit cards.


How to deposit money on 1xBet using PhonePe

1xBet uses an intermediary PhonePe account to facilitate the deposit. You have to send money to that account and request that the funds be deposited into your 1xBet betting account.

Let us do a step-by-step example of how to deposit money on 1xBet with PhonePe:

  1. Log into your 1xBet account
  2. Click on “Deposit” from the home page
  3. Select PhonePe from the list of deposit options
  4. Fill the form that pops up. Usually, you are asked to supply your deposit amount, your PhonePe number, and your PhonePe name.
  5. Click “Proceed”. This means you have “requested a deposit” from 1xBet

*When you click to proceed, the intermediary PhonePe account will appear on the next page. This is where you are to transfer the money you intend to deposit. The account usually has a name, an email, and most importantly, a PhonePe number.

  • Save the number of this intermediary account in your phone contacts.
  • Open your PhonePe app
  • Select “Transfer” from the PhonePe home page
  • Select the intermediary PhonePe number you have saved in your contacts
  • Confirm your deposit amount and choose your preferred payment method (debit cards/credit cards, BHIM UPI, etc.)
  • Click “Send” to complete the transaction

You have successfully transferred money to the 1xBet intermediary PhonePe account.

Ideally, your betting account should be credited instantly, but should there be a delay, you can always contact the bookmaker via email.


How to deposit money on 10Cric with PhonePe

The Indian online betting site of 10Cric has always been a market leader when it comes to offering the best deposit methods for Indian players.

Therefore, it came as no surprise when they were also among the first to launch PhonePe deposits for Indian players.

Depositing on 10Cric with PhonePe is both quick and easy. We will show you how it’s done:

  • Log in to your 10Cric account and navigate to the deposits page
  • On the new page that opens up, fill in your deposit amount, description, email, and phone number, and click “Proceed”.
    Important: According to 10Cric, the description should always be “POKER” whether you intend to play poker or not!
  • You will see a payment gateway that gives you the options of paying with your debit card, bank account, UPI, or other
  • In the dropdown menu, select the “Wallet” option.
  • Choose “PhonePe” from the next set of options and click “Pay Now”
  • Log into your PhonePe account to complete the transaction

10Cric covers a great array of sports, including cricket, (as the name suggests!) so feel free to sign up on the site to enjoy all of their wonderful features.

You also get to benefit from a nice and generous welcome bonus on your first deposit as a new customer!