Paytm Casinos India: License | Pros | Cons | Deposit & Withdrawal

One of the easiest ways to pay in India nowadays is through Paytm. They collaborate with more than 7 million merchants now and provide a wide range of services. Since its founding in 2010, the business has been a leader in the QR payment option in India. it enables quick and safe transfers between Paytm customers, and utilizing the service has several advantages. There are many instant withdrawal casinos India that include Paytm as their payment method because of the commendable services it provides.

How Secure is Paytm?

Your information is secure because Paytm complies with India’s stringent IT laws and regulations. One of India’s biggest payment processors is Paytm, which stands for Pay Through Mobile. There aren’t many solutions that are safer than this one because they are fully connected with the RBI UPI portal. The most recent SSL encryption will be used by the online casino where you are playing.

Best Paytm Casinos Pros & Cons

Pros

  • Safety & Security 
  • Convenient 
  • Quick
  • Deposit bonus
  • Impressive security
  • Excellent firewalls
  • Free spins
  • Constant monitoring
  • Great customer support

 

Cons

  • Not available for US players
  • Slow registration

How to Deposit Money on Casinos & Betting Sites with Paytm?

Dealing with Paytm-accepting online casinos is simple and clear. Follow the steps below to make a Paytm deposit:

  • Select “free registration” from the drop-down menu. Fill in some of your personal information, such as your name and birth date. The most crucial thing is to enter a legitimate email address. It only takes less than five minutes to complete the entire process. 
  • Save your account number in a secure location. – Now that you have your Paytm casino account number and a security account number, you may transfer and receive dollars in the account.
  • Authenticate your account – You must scan and email your identification papers to verify your account (DNI or passport) for using these financial services.
  • Make your initial deposit and get started — it’s that simple! 

You’ve already created an account with the finest and new Paytm casinos? Select your favourite games, make your initial payment, and have a great time!

How to Withdraw Money from Paytm casino sites?

With the finest Paytm casinos India, withdrawing money is as simple as it gets. The payments will be transferred in 24 hours. If you just have one account linked, it will be your default account. If you have numerous accounts, you may select which account you want your funds to be reflected in. Following these procedures will allow you to manually withdraw money from Paytm casinos online:

  • Check to see if the casino you’ve chosen allows Paytm withdrawals.
  • Open your casino’s withdrawal page and choose Paytm as your payment method.
  • Now you have to enter the amount that you want to withdraw
  • It is strongly advised that you read the withdrawal terms and conditions and ensure that you have met all wagering requirements before withdrawing your bonus cash.
  • Before making your initial withdrawal, the top Paytm casinos will want you to verify your identity. Depending on the casino’s terms and conditions, you may be required to present your passport or ID.
  • Confirm and verify the withdrawal.

Depending on the casino you choose, you will get your wins within 24 hours.

Fees

Making Paytm deposits at online casinos is completely free.

Deposit & Withdrawal Times of Paytm

  • The Paytm deposit method is quick. You will be able to see your deposit in your casino account right away. If you are a new user, Withdrawal is a good place to start.
  • Withdrawals from the best Paytm casinos in India are processed in less than 48 hours. If you’re a new player, the verification procedure may cause your withdrawals to be delayed.

How to Transfer Money from Indian Bank Account to Paytm?

Now make easy bank transfers using the Paytm app. The users can check their balance, transfer money to anyone, or drop in requests for money securely. But first, let’s understand how Indian users can transfer money from their Indian bank account to Paytm. 

  1. Hop on to your Paytm app and click on the “Bank Transfer” icon easily visible.
  2. Link your bank account with your Paytm account. Choose the bank account linked with your registered mobile number as your Paytm number. Paytm sustains all the major banks.
  3. Once your account is linked successfully, add in your MPIN using your debit card.
  4. Now click on “Paytm wallet”. The icon can be seen towards the “top right” of the page. 
  5. Add in the amount that you want in your Paytm wallet. Now click on “Add Money”

Paytm wallet can be funded using a credit/debit card, net banking as well as UPI. As your bank account is already linked to the wallet, the process gets simpler.

Indian Banks that Accept Paytm

Here is a list of banks that support Paytm as a valid payment method. Citi Bank

  • ICICI Bank
  • Union Bank of India
  • Standard Chartered Bank
  • Kotak Mahindra Bank
  • Axis Bank
  • Canara Bank
  • Bank of Baroda
  • Andhra Bank & more

This is just a short list of some of the most renowned banks that support Paytm. You can check out the full list of Paytm’s main website or app.

How to Sign Up for Paytm?

Creating an account with Paytm is super easy. You just need to follow the steps given below:

  1. Either visit the Paytm website or download the Paytm app.
  2. Once you are on the website or app, you will have to fill in important information including your email address, contact number & password.
  3. When you are done adding all the information, click on “create account”
  4. Once the abovementioned is done, you will receive an OTP on your added mobile number.
  5. Add in your OTP & proceed with adding in information like full name & date of birth. 
  6. Tap on “Create Account” and that’s it. Your Paytm account is ready.

 

You can now fund your Paytm account. That was fairly easy, right?

Paytm is renowned for the trust it beholds and the security that it provides to all its Indian users. Being the first app with 100 million users Paytm is sanctioned payment method on all gambling websites. The most significant benefit of Paytm is swift deposits & withdrawals and that is why you will find all online casinos supporting Paytm as a valid payment method. We recommend you go ahead and start using Paytm for safe and swift deposits & withdrawals.

FAQs

Yes, it is fully legal to deposit funds using a Paytm wallet in a casino account.

This varies from casino to casino. However, most of the casinos provide a welcome bonus on deposits via Paytm wallet.

Yes. Some apps allow the transfer of funds from one e-wallet to another. There will be a fee on the basis of transaction type.

Yes. Fund transfer with Paytm is fast. Once you transfer funds, it will   immediately reflect on the other account making it a fit for an online casino account.

Yes. Paytm demands account verification, especially, in the case where you want to increase your fund limit.

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