Cash on Delivery

Online casinos are always trying to provide the best possible entertainment to their members. They offer a wide range of games, thrilling bonuses, and various payment methods to enable a seamless casino experience.

Some payment methods are well known and used across the globe. But, some countries and regions need a different approach. Therefore, online casinos started supporting local banking solutions. These services are tailor-made to meet the needs of gamers in a particular country. Such payment options allow online casinos to attract more players.

India is one of the countries with the most diverse financial sector. It offers both cutting-edge payment technologies and the most traditional payment services. Cash on Delivery is one of these payment methods. It is ideal for casino players who either don’t have bank accounts and credit and debit cards or don’t want to use them at online casinos. But is Cash on Delivery a convenient payment method at Indian-friendly casino sites? Let’s find out.

What is Cash on Delivery?

As the name immediately indicates, Cash on Delivery or COD is a payment method that allows players to make cash deposits. COD, also known as pay on delivery, facilitates immediate in-person payments for goods and services. In India, Cash on Delivery has been boosting e-commerce growth. This way of funding online casino balances allows online casinos to reach a broader range of gamers.

India’s digital payment sector is surging. However, e-commerce in India is still heavily dependent on cash payments. Some data say that more than 50% of Indians prefer Cash on Delivery service for online transactions. Cash payments are especially favored in smaller towns.

One of the reasons why COD is so popular is because many citizens in India still don’t have bank accounts and bank cards. But, even those with bank accounts and credit and debit cards are afraid of financial data theft on the internet. When shopping online, Cash on Delivery enables clients to place the order online but pay the courier directly when he delivers the products. COD payments at online casinos work the same way.

History

Cash on Delivery was introduced in 2010 by Indian e-commerce giant Flipkart. The company started offering this service to broaden the client base. At that time, only 0.5% of the population in the country used credit and debit cards. As a result, the vast majority of people didn’t shop online. After Flipkart implemented the cash-on-delivery payment model, the e-commerce market in India started booming.

Digital payments in India are now flourishing as they are supported by the Indian Government and the National Payments Corporation of India (NPCI). UPI, IMPS, RuPay, BHIM are just a few innovative electronic financial services Indians can use for all sorts of online and offline transactions. However, COD still remains one of the most preferred payment methods among Indian shoppers.

The service targets consumers who are skeptical about paying online by introducing a more convenient model. The e-commerce concept of paying in cash has become very popular among middle-class Indians. The service helped increase the percentage of people shopping for goods and services on the internet. At the same time, Cash on Delivery model propelled the economic growth in the country.

Casino sites that accept players from India also realized the potential of this payment service. Therefore, you can see the COD logo on the banking pages of several India-facing iGaming venues. One of the most prominent iGaming brands offering Cash on Delivery in India is 1xBet.

Cash on Delivery enables players to enjoy their favorite hobby without doing any form of online banking. It is a perfect casino payment method for gamers who don’t have bank accounts. And for those who don’t want to use electronic transaction services to keep their casino gaming private.
The service is available in several major cities in India, including Mumbai, Delhi, Pune, Bangalore, and Ahmedabad.