Paytm is easily one of India’s top payment methods, especially when it comes to gaming at online casinos or wagering on your favourite sports team at the best bookies. The services provided by Paytm are innovative and pragmatic, which is precisely why so many Indian punters choose to gamble at online Paytm casinos.
This article will guide you through making your initial deposit at a Paytm online casino, what casino bonuses to expect, how to withdraw your winnings, which Paytm casinos are the best to play at and more! Discover more about Paytm and learn what all the fuss is about.
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18+ | T&C’s Apply | Responsible Gambling is advised. Gambling is an entertainment form that comes with a considerable risk of losing your money. Never play with more than you can afford to lose.
Paytm was established in 2010 with a risky investment of roughly $2 million from Vijay Shekhar Sharma. The youngest billionaire in India, Vijay is still the president and CEO of Paytm. Although Alibaba Group, Ant Financials, SAIF Partners, and SoftBank all own stock in Paytm, Vijay remains the company’s top stakeholder.
A significant aspect of Paytm is that its services are offered in over 11 languages and ks valued at well over $10 Billion.
When taking everything about Paytm into consideration, it is simple to understand why Paytm is one of India’s most commonly used payment options in India. With over 7 million retailers implementing Paytm’s QR code system throughout, the company provides outstanding services to Indian users.
Paytm quickly grew to provide new services and payment choices to Indian users. Furthermore, Paytm can be used for virtually anything, from funding online casino accounts to paying bills and purchasing various transportation tickets.
The fact that Paytm had well over 100 million users in 2017 empowered Paytm to thrive even further. Paytm Gold is one such venture that allows anyone to buy 24-karat gold. It seems sensible that Paytm dominates the Indian online gaming market given its wide availability in India.
When diving into the iGaming world, it’s important to understand that you cannot just sign upto any Paytm casino or betting site you lay your eyes on. You’ll need to do some extensive research and ensure the sites offer everything you’ll personally need and want in an online Paytm casino or betting site. If you’re unsure of what you’ll need to look for in online Paytm casinos, we’ve compiled a list of the top things to take into consideration.
In the end, the final decision is completely up to you to decide which Paytm casino site is the best option for you depending on your particular playing preferences. All we can do is guide you and give you as much information as possible about Paytm casinos.
Once you’ve chosen the best Paytm casino, you’ll need to register an account with that specific casino. Once you’ve signed up, you have one more thing to do before diving in and playing your favourite Paytm casino games, and that’s making a deposit!
Paytm online casinos have made it easier for its customers to deposit money, which is great if you’re eager to get playing right away. Follow the steps below to deposit funds in your Paytm casino account!
Most casinos offer instant deposits, so the money should reflect instantly in your account. Head on over to the game library, choose your favourite casino games and start playing!
When the time comes to withdraw those lucky winnings, you’ll find the process just as easy as the depositing steps. Please keep in mind that before you can withdraw your winnings, you will typically need to complete a KYC verification at the online casino so your identity can be confirmed. Below are the steps to withdraw your money from Paytm casinos.
Withdrawals at Paytm casinos can be anything from 24-48 hours, which we consider a decent waiting time when it comes to withdrawals!
Paytm takes pride in having made rapid transfers the standard for the Indian financial sector. Because of its success, many other businesses have adopted the strategy after being among the first to do so.
There is no waiting when you opt to top off your online Paytm casino account because your money will appear there right away. You’ll beam with joy when we tell you that Paytm offers you 5 free transactions each month!
There are no additional costs or fees for establishments that accept Paytm payments from clients. Additionally, there are currently no costs or fees for opening an account with Paytm or using it to send money to another bank account. Payments to merchants are free of charge. However, if your bank has such a policy in place, there can be extra fees for transfers.
Indian punters can rejoice in the many bonuses available at Paytm casinos! Unlike some e-Wallets, Paytm users are able to claim casino bonuses. Some of the exciting casino bonuses you can look forward to include:
We cannot stress enough how important it is to read and understand all of the terms and conditions of Paytm casino bonuses before claiming them. The T&Cs are where you’ll see what the wagering requirements are and what the time limit is to complete the wagering requirements in. If you’re unsure of anything, contact the casino’s customer support and they’ll happily assist you.
Due to strict scrutiny of all payments by the Reserve Bank of India and NPCI, which regulates Paytm, using Paytm is completely safe and secure. To operate, Paytm must abide by all guidelines established by these authorities.
The fact that their money is secure and that it is extremely unlikely for someone to hijack their transaction and obtain any of their payment information allows players to relax knowing that their money is secure. All transactions are encrypted with 128-bit SSL for privacy. A One Time Pin (OTP) that is sent to the phone number you provided when opening a Paytm account must be used to verify every payment request.
Additionally, a strong password is required to access the Paytm wallet application. Gamblers frequently have to go through “Know Your Customer” verification procedures when using Paytm.
Given that practically everyone in India owns a smartphone, the popularity of mobile casinos is rising quickly. Indian gamblers can enjoy the freedom of playing wherever they are at a Paytm online casino, Paytm sports betting app or other Paytm-compatible casino apps in India.
If you find Paytm not being the best payment method out there for you, there are plenty of other options for you to consider. From debit and credit cards, to e-Wallets and cryptocurrencies. Let’s take a look at alternative options to Paytm.
We believe that Paytm casinos are a great choice. You can claim bonuses, play your favourite games, bet on sports and more! Not only are the deposits free, but there are no fees either! This is a great Indian payment method for all punters.
Absolutely! Paytm has a KYC (Know Your Customer) verification process. Along with this, Paytm uses the latest SSL encryption technology to ensure safety and security.
While deposits are instant, withdrawals can take up to 48 hours.
If you’re looking for a payment method that is similar to Paytm, then you could opt for other e-Wallets such as Skrill or Neteller.
