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iPay in Sri Lankan Casinos
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When the revolutionary payment platform iPay launched in Sri Lanka, it changed online casino deposits for Sri Lankans for good. Previously, Sri Lankans could only use global payment solutions across offshore sites to make deposits and withdrawals with; but when this local solution gained momentum across the online gambling industry, it improved players' banking experience significantly. This platform is backed by leading banks in the country, so practically any banked user can use it. Add to that the fact that it is truly effortless to get started with and use, and there you have it, the reason why you should give it a go. If that's exactly what you plan to do, continue reading to find out more about it. Why use iPay across online casinos that accept Sri Lankan players?
Online Gambling Regulation in Sri Lanka
Ever since gambling went online, Sri Lanka has been a country with the loosest online gambling restrictions. The country even legalized land-based gambling late, in 2010, but at the time, it didn't bother to mention online gambling in its laws. So far, the authorities have never shown any interest in going after Sri Lankans who would choose to gamble online, as they have priorities to handle, like the poor economy and the growing concern over tourism in the country.
However, it seems that in 2025, the authorities changed their views: they announced that they want to make changes to the gambling regulations. Following the economic collapse of 2022-2023, the authorities started seeking solace in the gambling industry to power the post-crisis tourism boom. In addition to allowing more land-based casinos to open, to attract high-rollers, lawmakers considered introducing a new regulatory authority that would not only oversee land-based activities, but also offshore sites and online platforms that targeted Sri Lankans.
Whether this would mean that the country will consider regulating online casinos and licensing interested operators remains to be seen. For now, we know that the country is focused on the growth of the land-based gambling scene, and the fact that SiGMA South Asia will make its grand debut in Sri Lanka in 2025 only further proves that.
What does this mean for you as a Sri Lankan player? It means that, until any new laws are introduced, you can still join offshore online casinos. If the country decides to eventually legalize online casinos, this might change, but for now, you are out of the woods. You can join any casino site that you want. You can start exploring your options right away, as you've got thousands of sites to comb through. Make sure you're checking out licensed sites, as you'd still want to join a transparent, fair, and safe site, and licensed sites certainly are.
Next, check out the list of games offered. Look for casinos powered by top-notch software developers like NetEnt, Pragmatic Play, Evolution, Yggdrasil, and Playtech, for instance, if you wish to get access to the latest Live Casino games, table games, online poker variants, and, of course, thousands of slot games. But there's one more thing to focus on, and that’s the choice of payment methods at your disposal.
Most of the online casinos that cater to Sri Lankan players make sure to give them the option to make deposits and withdrawals using global payment solutions. But, while credit and debit cards, as well as bank transfer and eWallets, are great options for you, it would be best to join an online casino that offers local payment solutions. Luckily for you, a decent number of Sri Lanka-targeting sites have started offering iPay, one of the most popular payment platforms in the country.
The payment platform has been around for a couple of years now, and has already become Sri Lankan players’ top choice for deposits and withdrawals in the local currency, the Sri Lankan rupee, across online casinos. If you’re interested in finding out more about it, make sure you continue reading, as that’s what we’ll focus on in the next section.
Casinos for Players from Sri Lanka that Offer iPay
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Using iPay Across Sri Lankan Online Casinos
iPay is a revolutionary payment platform launched in Sri Lanka in 2018. It was designed to provide Sri Lankans with effortless digital transactions, and as such, it is the pioneer in digital payments in the country, as there were no similar methods available at the time. Prior to its launch, Sri Lankans were limited to standard banking methods, which allow for transactions to and from anywhere across the world, but are way more expensive and slower. Leading them into a cashless future, iPay took the scene and never left.
The beauty in it is that it is effortless to get started with and use. The only condition you have to meet in order to be eligible to use it is to have a bank account. Users of accounts in all banks connected to the JustPay network are eligible. Therefore, as long as you have an account with Hatton National Bank, Nations TrustBank, Pan Asia Bank, Bank of Ceylon, Peoples Bank, LOLC Finance Plc, Sampath Bank Plc, and Cargills Bank, to mention a few, you can get started with it right away. That's probably why over 45,000 merchants are offering it as an accepted method, and why more than 500,000 users have downloaded its app, making over 12 billion in transactions per month with it.
To get started with this award-winning payment platform, head over to the Apple App/Google Play Store and download its app. Once installed, create your account with it by providing some personal info. Then, link one or more bank accounts to the account. If you have any doubts on how to do that, or you need help with it, do not hesitate to contact its support. Once you’re done with that, you can start using it for all kinds of payments and purchases, online casino deposits and withdrawals included.
In fact, continue reading to find out exactly what you need to do once you choose it as your payment method at a Sri Lankan online casino. We’ll guide you through each step of the way.
Depositing and Withdrawing with iPay
As mentioned, not all online casinos that accept Sri Lankan players also accept iPay; you will have to look for sites that specifically display its logo to ensure that they are offering it. Rest assured that the sites that offer it are among the top sites that you can join as a Sri Lankan player, though. So, explore them, check what they have to offer in terms of games, and decide on the one to join.
From here, register an account with the online casino by disclosing some basic personal info, like name, email, or phone number. To fund your player account with iPay, follow these intuitive steps:
- Enter the Payment Methods/Banking page the minute you log into your player account.
- Locate the Deposits section, find iPay, and select it.
- Open your app and select the casino from the list of merchants.
- Set the amount that you wish to deposit and authenticate the transfer with biometric verification.
- Once you do that, the money will instantly arrive in your casino balance.
iPay is an option for withdrawals, too, given the fact that it is a payment platform using which you can both send and receive money.
To request a withdrawal, you will need to visit the Payment Methods/Banking page again, this time going to the Withdrawals section straight away. After you select the solution and specify how much you wish to cash out, you will need to provide your email or phone number that you used when you registered your iPay account. Confirm your request and wait for the operator to go over it and approve it. If you have no wagering requirements left unmet and you’ve requested to cash out as much money as you have on your balance, your request will probably be approved. From here, you will receive your winnings to the bank account you linked to your iPay account for receiving money.
Conclusion
Now that you know how easy iPay is to get started with and use, and how available it is across Sri Lanka, offered to all banked residents in the country, you’ve probably understood why it is such a popular local payment solution among Sri Lankans. For the same reasons, the solution has managed to get listed across top Sri Lankan online casinos, so make sure you give it a try the next time you decide to join one, and you won’t regret it.