Claiming winnings with PayU is easy.
- Visit the corresponding withdrawals section of the PayU casino
- From a drop-down list of payment methods, click on the PayU logo
- Provide the PayU payment link
- Receive payment directly to the linked bank account or virtual current account
PayU withdrawal timeframe is typically longer than depositing, not to mention online casino payouts are subject to internal validation. This could mean a couple of days before the cash reaches the bank account.
Luckily, PayU allows users to view the transaction status in most countries, particularly in Latin America. It is easier to tell if the cash is underway or has failed. A good rule of thumb is to read and understand the wagering conditions before requesting a payout with the online casino.
As far as withdrawal limits go, each casino has its own standards. Cash-out rules are normal, but a few casinos have no limitation, so anything withdrawn will be processed. Any player who hits a jackpot should first check the casino’s withdrawal limit.
That way, they will know how much to request per transaction to avoid disappointments at a PayU casino. There are various kinds of limitations, from daily, weekly, to monthly limits. Once the winner exhausts their allowance, they should wait until the next cycle to cash out.
Withdrawing on mobile
PayU offers straightforward withdrawals on mobile. The three underlying accounts that can receive payment include the connected bank account, a virtual current account, and a virtual nodal account. A virtual current account is available to every PayU user.
Its IFSC code comes from the member bank branch where the PayU account is linked. Customers may have multiple virtual current accounts in the same banking institution or different banks. So, casino players withdrawing to this account simply direct their payouts through the PayU dashboard provided by the casino site.
On the other hand, a virtual nodal account can receive settlements from PayU gateway or another payment processor. It is more preferred for online gamers who don’t want to involve their banks. Lastly, the connected bank account uses the PayU dashboard and APIs.
This one doesn’t need a virtual account. Here, PayU acts as an intermediary rather than a fund management service. The winnings go directly to the bank account.
Safety and security of PayU transactions
Leaving the card and banking details out of an online casino transaction sounds convenient, but online safety is the paramount concern. Many gamblers opt for PayU because of the added security layer. PayU acts as a barrier between the bank account and the casino site, reducing the risk of identity theft and fraud.
Since PayU uses PCI-DSS compliant servers, it assures the safety of card information, as the provider follows the security protocols and practices issued by the Payments Card Industry. PayU secure databases store information about the card number and expiration date, but never the CVV.
The card details are never exposed to third parties as the financial data is encrypted with 128-bit SSL during transmission. Tokenized PayU transactions are more secure than regular bank and credit card transfers.
PayU is intended to protect consumers from fraud every time they transact online. This is guaranteed by the 3D Secure system. Issuing banks implement a two-step authentication for all PayU payments as part of the PSD 2 regulations (Payment Security Directive 2). 3D Secure 2.0 is the latest version of the protocol that processes requests as per the SCA (Strong Customer Authentication) requirements.