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Our Paytm review covers even the tiniest of details of this payment gateway. We examined all the features of the Paytm banking method to give you with an in-depth guide. So, sit tight and learn all about Paytm in online casinos in India.
Play at a Paytm Casino in India
Paytm is one of the most popular payment platforms in India, and you can use this e-Wallet to pay for all sorts of things. Also, Paytm is available at the top Indian online casinos. Let’s see if this banking method is worth your time.
In the recent period, Paytm experienced tremendous growth due to the demonetization. Moreover, Paytm has diversified its portfolio, and it now covers e-retail as well.
But when it comes to Indian online casinos, Paytm remains a significant name. Indian casino-goers are always on the hunt for practical and convenient banking methods.
On top of that, Paytm is safe and offers seamless integration with Indian online casinos. Below are some of the best Paytm gambling sites you will find in India.
What Makes Paytm the Best Banking Method for Online Gambling?
As you may know, the digital payments market in India is a crowded and competitive arena. So, e-wallets are on the top of their game to stand out from the rest.
With that said, here are some of the notable characteristics of the Paytm banking method:
Paytm offers a range of benefits. Indian casino enthusiasts should maximize the potential of this payment service. By doing so, you could also become eligible for a variety of bonus offers and promotions.
How to Set up a Paytm Account for Online Casinos?
Paytm is compatible with all the leading banks in India. You can also fund your account with the popular credit/debit cards. But before that, you will have to register and create an account on Paytm’s website.
To set up your profile, you will be asked to write a mobile phone number and a working email ID. Also, account verification is a precursor for increasing the limits of the transactions.
Once your Paytm account is up and running, you should head over to the online casino. Find Paytm on the list of available payment options at the cashier. Then enter the necessary details.
How to Bet at Paytm Casinos Online?
If you want to play real money casino games at an Indian online casino, you will first need to fund your account. Well, Paytm can help you with this, but only if sign up with one of the casinos that accept this banking method.
The deposits with Paytm are often free of charge, but you should double-check with the casino. Either way, the transactions will be instantaneous.
The withdrawals could take up to five business days. If you want to cash out the winnings, select Paytm as the preferred payment option, and specify the amount.
Can you Bet Online at a Paytm Mobile Casino App?
Believe it or not, more than 100 million users have downloaded the Paytm app. It’s because this mobile application offers a range of benefits. Mobile gambling has never been simpler.
You can find the app on the Google Play Store and the App Store. Install it on your smart phone. Then the app will allow you to check your balance and make transactions to and from your online casino.
Paytm Customer Service
As the largest mobile payment service in India, Paytm has an enormous customer base. For that reason, this e-Wallet offers 24/7 support. The service is available in English and Hindi.
You can reach them by using mail and live chat. Indian users can also reach out to the Paytm customer service by calling 0120 4456 456. The call is free of charge.
The History of Paytm
In August 2010, Vijay Shekher Sharma launched Paytm. It was a new payment gateway for the Indian subcontinent. In 2014, Paytm signed high-profile partnership deals with Uber and Indian Railways.
Nowadays, Paytm is under the ownership of One97 Communications. Yet, the Alibaba Group is the primary stakeholder (42%) in the Paytm corporate structure. The HQ of Paytm is in Uttar Pradesh, and the value of the brand is worth around $10 billion.
Is Paytm a Reliable Payment Method for Online Gambling in India?
Paytm offers a set of comprehensive services. That’s why this payment provider operates all across India. Indian punters can make transactions with Paytm in full confidence. RBI has approved of this banking method.
Unfortunately, very few casinos in India are compatible with this payment provider. Yet, a couple of top names accept Paytm.
Paytm enables transactions in retail stores. But you can also use it to fund your online casino account in India.
The Reserve Bank of India is the governing body that authorized Paytm. So, it is safe to use this payment gateway for online gambling.
Users can make transfers without a banking account. But you need to register with Paytm before making a transaction.
Paytm is a two-way payment gateway. You can cash out the winnings by choosing this method at the casino’s banking page.
Online casinos in India are flying under the radar, and Paytm also works in the gray zone at the moment. In short, online gambling is not entirely legal in India.
No, this payment provider doesn’t charge a commission for deposits at an online casino.