In , alarmed by low value but high volume transactions, NPCI directed payment gateways to stop UPI payments of less than INR 1. This direction was ultimately not implemented.

In present communication, Razorpay said all other payment options will be continued indicating the regulatory change is coming from NPCI. At the time of writing this, it is not clear if similar communication is sent by other payment platforms.

Response from Razorpay: After this post was published, Razorpay corporate communications team has reached out to us stating the message was erroneously sent to few gaming merchants.

The payment platform has sent subsequent email to merchants stating the services and payment options including UPI, will continue as usual. According to a payment aggregator framework, only firms approved by the RBI can acquire and offer payment services to merchants.

RBI, while scrutinizing payment aggregator applications has reportedly asked the payment platforms to cut exposure to online gaming platforms. Only yesterday, the central government recognised online gaming and eSports by designating Information Technology and Sports ministries as nodal ministries respectively.

The central government may also soon come up with draft guidelines for online gaming intermediaries thereby providing regulatory clarity. Facebook Instagram Linkedin Telegram Twitter Youtube. Gaming Board Games Esports Online Gaming Laws Fantasy Sports Videos Poker Rummy G2G Expo GST on Online Gaming Australia Australian Online Casinos New Australian Casinos Real Money Online Casinos Pokies Online Australia About Us Partner with us.

Sign in. your username. your password. Forgot your password? Get help. Password recovery. The online gaming industry has seen a rapid expansion in recent years. It owes its growth to many attributes like increased smartphone penetration, accessible data, affordable tech, and the rise of the digital payments user base.

With more and more gamers joining the bandwagon, the demand for online games has increased. This has resulted in the outset of many online gaming companies in India. With so many different modes of gameplay, genres, channels, and player formats, the categories of online gaming are diversified.

However, among the most popular categories are freemium games and online real money games. The word freemium is a fusion of free and premium. Freemium games are free to play, but compel the gamer to unlock features and customisations by paying the company.

These types of games have mostly been sought after in recent times. Online games that gamers play to win real money, which can be transferred to their digital wallets or bank accounts are called online real money games.

These games are in high demand and are increasingly getting noticed by gamers. Online games offer a ton of advanced features to be unlocked by gamers. And, Razorpay has already powered digital payments to several online gaming companies. Freemium games with in-app purchases are usually powered by Razorpay Payment Gateway , and the games that require month on month payments to unlock special features, typically use Razorpay Subscriptions.

Play to win games are all the rage right now. Backed by well known VCs like Sequoia, RummyCulture, Dream11, MPL, Howzat, and more are very famous for their play to win games. In both these segments, instant gratification carries a lot of weight for these games to be as successful as they are.

And that is simply because of the nature of these games. A gamer can collect their winnings after completing a game against an opponent. This means, it is not a continuous, cumulative victory, but a timed one. The gamer does not have to accumulate a certain number of points to collect their winnings.

This means they might as well collect their winnings after the conclusion of each and every game. Essentially, rewarding the winner is considered a payout, a customer payout in particular. And, most of the time, there are many problems associated with making payouts traditionally.

This is exactly why online gaming companies need a better solution so they can make timely payouts and ensure that gamers get their winnings instantly.

Payouts helps automate the process of making payments to the winners, getting rid of manual intervention. Want to take Payouts for quick a test drive before you sign up? Check out the Payouts demo and learn to make a payout in 4 simple steps! So, how can they make sure the winners are awarded?

The Merchant understands that the provision of Online Services by Razorpay You acknowledge and agree that all references to “Razorpay” shall mean the Razorpay Online Food Ordering, Y. , restaurant, Restaurants, Y. , food_court, Food Courts Online Casino, N. , fantasy_sports, Fantasy Sports, N. Razorpay, India's leading payment gateway provider has informed the online gaming platforms that UPI payment option will be discontinued

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