Contents
- About JCB
- How To Choose The Best JCB Betting Sites
- How To Deposit With JCB
- How to Use JCB for Withdrawals at Betting Sites
- About Security Issues for JCB Betting Sites In India
- Security Steps With JCB
- JCB Most Popular Betting Bonuses
- JCB Fees For Indian Cardholders
- Deposits And Withdrawal Limits On Betting Sites
- FAQ
About JCB
JCB stands for Japan Credit Bureau, a Japanese payment brand and credit card operator. The company was born in 1961, but since 1981, JCB has been expanding internationally. JCB credit cards are now accepted in 18 countries and regions, including India, of course. More than 15 million JCB cardholders can use their cards in over 40 million merchants around the globe.
Although the company isn’t big enough to rival Visa and Mastercard on a global level, it has wide acceptance in the countries it operates. It’s also possible to use it anywhere Discover cards are accepted.
Background of JCB in India
Although the company established its first office in the country in 2017, the first credit cards were only issued in 2019. Here, it joined forces with the popular card company, RuPay.
JCB became part of a more extensive credit card network in India, where it works along with Discover and RuPay. RuPay is a homegrown credit card, one of India’s most widely accepted cards.
How does it work for Indians?
Any credit card that shares RuPay’s network has access to millions of online or land-based merchants all over the country. Due to the partnerships mentioned above, JCB cards are widely accepted in India.
Currently, 1 million JCB RuPay cardholders can use their cards for national and international transactions, including ATM withdrawals. Because JCB and Discover also share the same network with RuPay, JCB cardholders can even count on Discover’s support team for inquiries about their credit cards.
How To Choose The Best JCB Betting Sites
There are 12 banks and financial institutions, both public and private, issuing JCB credit and debit cards in the country. Using a credit card to fund your betting/gambling expenses, you should look for the following advantages.
- Choose a limit that suits your income and gambling/betting habits
- Choose the card with the lowest fees for the operations you’ll use the most
- Cashback rewards
- Wide acceptance for online operations
- High-level security
- Low fees
How To Deposit With JCB
Using your JCB card to make deposits on your favourite betting site is as easy as using options like Visa or Mastercard. Here’s how you can use it on most sportsbooks and online casinos operating in the country.
Step-by-step guide
- Find a betting site and create an account (if you still don’t have any)
- Define JCB as your primary payment method
- Set the amount
- Confirm the operation
How to work out the most common issues for Indian users
You shouldn’t have any problems using your JCB card on registered merchants, online or otherwise. However, if your deposit goes above your credit limit, the operator may not allow you to make the payment. Also, online casinos and betting sites must comply with AML (Anti-Money Laundering) and KYC (Know Your Customer) rules.
It means that those sites can decline your deposit if they can’t confirm your ID or are suspicious about the source of your funds. In this case, the site operator will request further documents and reject your deposit if you fail to provide them. Moreover, you can only use cards in your name to make deposits in your gambling/betting account.
Indian laws don’t set any deposit limit for users, but some websites might have deposit limits for specific payment methods. If you’re trying to make a deposit that goes under the minimum amount or exceeds the maximum limit, your deposit won’t be accepted. So, check the site’s limits before carrying on with your deposit.
In any case, you can use Discover’s international support line (1-800-347-2683) if you have any other issues.
How to Use JCB for Withdrawals at Betting Sites
Betting sites often request clients use the same payment option for deposits and withdrawals. You can do both operations swiftly and securely using your JCB card. Check the guide below.
Step-by-step guide
- Go to the cashier section
- Set the withdrawal amount
- Set JCB as your primary withdrawal method
- Wait for your payment
How to work out the most common issues for Indian users
Withdrawal timeframes may vary from one betting site to another, as they aren’t defined by law. It means your payment can come out in a few hours or within a few days. Check the applicable timeframe on your gambling/betting site.
There are also limits for withdrawals, just like there are for deposits. If your withdrawal request falls under or goes above that limit, your request will be denied. Notice that most gambling/betting sites impose wagering requirements on your deposited funds and bonuses. Your request will also be denied if you haven’t met those requirements yet.
Confirming your ID here is just as important as it’s for deposits. So, the website can also request further documents for this operation. Fees can also vary from one website to another. In some cases, you won’t be charged at all. However, there still can be fees from your card issuer.
About Security Issues for JCB Betting Sites In India
JCB cardholders can count on world-class security systems to protect their personal information and assets. All cards have an extra layer of security called J/Secure and protection against ID theft, which has been in place since 2004. Also, all cards come with the J/Smart EMV chip application. Like Visa, Mastercard, UnionPay, AMEX, and Discover, JCB is part of the EMVCo as a member organisation.
Security Steps With JCB
Apart from the security systems already put in place by JCB, there are a few security steps you can take to protect your account. Never share your account details and password with anyone. Also, refrain from using your card on public computers or accessing WiFi networks, where you’re more exposed to data theft and other cyber crimes.
Account safety
JCB is one of the payment brands behind the creation of the Payment Card Industry Security Standards Council back in 2006. Those security standards include protecting cardholders’ data, regular security tests, encrypted transactions, unique IDs for computer access, and more.
JCB Most Popular Betting Bonuses
If you plan to use your JCB card on betting sites, you’ll have access to the same bonuses and promotions other credit cards do. The Indian market is brimming with online gambling/betting sites. It means you can search and compare the best bonuses and conditions.
Notice that most bonuses come with a wagering requirement, which defines how many times a bonus should be wagered before you can cash it out. A wagering requirement of 10x on an INR 500 bonus means you’ll have to bet INR 5,000 before converting it into cash. Bonuses with low wagering requirements are always best.
You can use it wherever you see the RuPay or Discover logos. Notice that some bonuses are restricted to specific payment methods. So, you must always check the T&C of the offer you’re willing to enjoy.
Check the most popular kinds of bonuses offered by those sites.
Welcome Packages
Welcome packages are offered for new clients only, as the name suggests. Typically, a welcome package involves a deposit match bonus and some free betting options. A deposit match bonus is always proportional to your deposit. A welcome package can involve a deposit match bonus for one or more deposits.
For instance, an offer of a 100% bonus for deposits up to INR 500 means you receive a bonus of the exact deposit amount until INR 500. If you make a deposit above INR 500, you’ll still only receive an INR 500 bonus.
Free Spins
Free spins are very popular in online casinos, and some welcome offers consist only of free spins. Free spins are usually granted for specific games and have clear betting limits per wager and per day.
For instance, you can receive a bonus of 70 free spins, divided into 10 free spins daily over seven days. There are also caps for the betting value and maximum win, as well as wagering requirements. The online casino should clearly display this kind of information.
Free Bets
If you’re joining a sportsbook, free bets are among the most common offers. Free bets give your money back if your guess fails, but you can keep the winnings if you get to win. In some cases, you can receive your bet but not for the bonus if your guess is partially correct. As for free spins, free bets may also have caps on winnings and also wagering requirements attached.
Cashback
You’ll find cashback offers on sportsbooks and also online casinos. Cashback offers give you the chance to take back part of your losses. Cashback calculations are based on the amount spent and the games where it was spent. In online casinos, for instance, slots, table games and live games bear different weights on cashback calculations. This kind of promotion is often weekly, which means there are specific days in the week to claim it.
Reloads
Reloads are a smaller version of the deposit match bonus offered for newcomers. Reloads aim to instigate players to make weekly deposits. Here, the deposit match will rarely be as high as 100%, as it happens for welcome offers. It’s a very efficient strategy to keep players motivated and playing once their welcome bonus is over. Typically, reloads are offered as a weekly bonus.
Tournaments
Tournaments are common in sportsbooks and online casinos. In a sportsbook, tournaments often involve special prize pools for those engaging with it. Those tournaments might have special conditions, and the prize pool is based on the bets placed by those in the tournament. Tournaments work similarly in online casinos, though they typically revolve around slots of a certain provider.
Bet Insurance
You can pay an extra amount over your bet so that you can take it back if you fail. The insurance amount will be proportional to the odds of your bet. It’s possible to cover the whole bet or part of it.
JCB Fees For Indian Cardholders
There might be fees for certain JCB products, like JCB Platinum cards. Choose the option with the lowest fees for the operations you’ll likely do more often. Your card issuer can also charge fees for the usage and maintenance of your JCB card.
Online casinos and sportsbooks may also charge you fees for withdrawals. Although deposit fees are quite rare, many platforms can charge you a fixed fee for withdrawals. Related fees from your card issuer can cost you 2-5% of the operation.
Deposits And Withdrawal Limits On Betting Sites
There are no legal limits for deposits and withdrawals in online gambling/betting platforms in India. So, each online casino and sportsbook is free to set its own limits. Those limits also vary from one payment method to another, even between payments of the same kind.
It means you must always check your platform’s minimum and maximum limits. Credit cards are among the most reliable payment methods, and they often enjoy larger limits than other options.
FAQ
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Yes! JCB cards are widely accepted for online operations in India, and you can use them wherever you see RuPay and Discover logos.
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The fees will depend on the type of your card, your card issuer, and your online casino/sportsbook. Anyway, there aren’t specific fees for using them on gambling/betting sites.
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Minimum deposits and other limits can vary significantly from one platform to another. Although INR 200 is already considered a low limit, you can find platforms accepting deposits of INR 55.
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