Paytm offers hassle-free and seamless online transfers to betting sites. The transactions went through this payment system is fast and 100 percent secure. The usage is also simple; you simply need to select Paytm while making a deposit or withdrawal at any of the online betting sites we discussed above. Paytm has its branches spread all over India and Canada. Their company provides so many products including Paytm Payments Bank, Paytm Mall, Paytm Money, Paytm Postpaid, etc. Paytm is under the ownership of One97 Communications. The Alibaba Group is the primary stakeholder (42%) in the Paytm corporate structure.
- Paytm Casinos & Betting Sites. Looking for Paytm casinos and betting sites? In this guide, you will find the best casinos and betting sites that accept Paytm as a payment method.You will also learn how to use Paytm when you gamble online.
- Still, Paytm is constantly getting more and more popular as a payment provider in the online gambling world. It is just a matter of time before you can use it at the majority of all lottery websites, online casinos and betting sites. Here at Online Lotteries India, you can.
Paytm Review
Paytm, an e-wallet service that took the Indian market by storm started in 2010, it emerged as one of the most trusted brands for payment solution. Here, we will explain to you about the usage of it in the gambling world. We want you to be able to enjoy playing, not having to look for casinos, or figure out how to pay. Here, you have the top betting sites that let you gamble with Paytm.
Why use Paytm?
If you are looking for an e-wallet service that doesn't charge fees on deposit, then Paytm is your option. With instant deposit and withdrawal as an option, Paytm has made its way in the gambling sphere, after all, it's the most trusted e-wallet service provider in India. Another benefit is that it's very secure – as much as any international e-wallet – because they are regulated by the Reserve Bank of India. This means that your money is always in safe hands when you deposit with Paytm.
How Paytm Works on Gambling Site?
For using the service of Paytm, you need to create an account. Don't worry, we are explaining you the steps to create your account –
Paytm First Sports.
- Download the app.
- Provide the information- email address, mobile number, and password as instructed.
- Press ‘create your Paytm wallet'.
- You'll receive a One-Time-Password to the phone number you entered. Enter this into the account creation process.
- Enter your name and date of birth.
- Click ‘Create Account.'
- You are now ready to use your account at online casinos that accept Paytm deposits!
Verifying your Paytm Account
This is a payment method that requires all users to be verified. To verify your account, go to your Paytm profile and click on ‘complete my KYC.'
You'll receive a list of KYC-centres close to you. Visit the one most convenient for you. Bring your Aadhar card, Voter ID card, or PAN card to verify the account.
Note that the casino might also ask for verification documentation. However, since all Paytm users are already verified, this is rare. Especially when using the method for both deposits and withdrawals.
Paytm Deposit Methods for Betting Sites
Most casinos let players deposit for free. There are no fees from Paytm for making a deposit, either. Depositing money on your Paytm wallet is both fast and easy, and can be done in many different ways. You'll see the deposited amount show up in your casino balance as soon as payment is complete. Also by the official app, you can connect to your UPI for even easier transactions.
You can deposit money to your Paytm wallet using the following methods:
Paytm Horse Betting
- Credit Card
- Debit Card
- Net Banking
- BHIM UPI
Paytm Betting Game
To transfer money to your wallet, you can also link your bank account: You can link any bank account to it using UPI. It's easy!
Depositing money on your wallet using any of the above-mentioned methods is very easy and straightforward. After you make your deposit, the money will be instantly available in your Paytm wallet.
Paytm Deposit Processing Fees
One of the great things about Paytm is that it's so cheap to use. This makes it cost-effective when you're depositing money at an online casino with Paytm. The only time you will pay a fee, is when you're withdrawing money from Paytm to your bank account.
Now that you have some money in your Paytm wallet, you're ready to deposit some of that money at your online casino of choice!
Paytm Withdrawal Methods
Withdrawal fees at Paytm casino sites differ depending on the casino. Some will not charge anything, while others will. Make sure to check the T&Cs of the site to be sure. Also, all casinos have a minimum withdrawal amount. It's usually stated in the cashier when you're making your withdrawal. Either you can use funds from the wallet to pay in gambling sites, buy anything from Paytm Mall, or you can transfer funds from your e-wallet to bank account. We are here providing you the steps for the same –
Steps-
- Open the Paytm app & Tap on ‘Passbook'
- Select ‘Paytm Wallet'
- Select ‘Send Money To Bank'
- Tap ‘Transfer'
- Enter the amount & bank details
- Confirm the transfer
Paytm Withdrawal Processing Fees
Withdrawal from Paytm is quite fast, it usually takes a few minutes for the transaction to take place. Most of the time the withdrawal is free (if you are using e-wallet), but transferring funds from your wallet to bank takes 5% of your transaction fund. You will be made aware of each charge and fee on the summary page before making any payments.
Paytm Fees
Using the Paytm wallet is free in most of the cases, but transferring the funds from e-wallet to bank may incur some charges. Mostly it's 5%, but you will be made aware of each charge and fees in the summary page before making any payments.
Betting Sites That Accept Paytm
One of the major drawbacks of Paytm is that only a few betting websites accept payments from it-
- Melbet Casino
- 1xBet Casino
- BetWinner
- 10Cric
- LiveBid
- Betchips
Paytm Online Casino — Rummy
Paytm has its gaming site — Paytm first games, where you can try your luck, choose from the wide array of games and earn cash while playing them. The games range from Ludo to Rummy, which is fairly popular. Therefore, it's worth a try using it!
Paytm Mobile App
Paytm Mobile app is available both for iOS and Android users. You can do everything on the mobile which you may do on the website. After downloading the app –
- Click on login
- Add email/phone number and password
- You'll receive OTP on your registered mobile number, enter that.
Thus you've logged in your account
Legal Aspect
Paytm was started in 2010 and is regulated by the guidelines of RBI which is the governing authority in India of over monetary issues. Paytm works under strict IT laws and regulations in India, which ensures the security of your details. Although the online casinos you play at won't operate under the same rules, European GDPR-laws are as good, if not better. Therefore, it's not any shady firm- a legit payment service provider. You should be least worried about anything related to the security of your accounts and funds as it is an authentic service provider following the local guidelines. It is connected to everything, from paying bills to renting vehicles, booking travel and event tickets, and more. It also allows for fast and secure transfers between Paytm users, and using the service comes with a lot of benefits.
Paytm allows for discounted purchases of high-quality products. Obviously, the combination of your casino winnings and discounts is a perfect match. You can even do your grocery shopping through the Paytm website!
Customer Support
Paytm has a dedicated customer support service and helpline number where you can raise a ticket and get your queries solved 24×7 through IVR or email. The customer support is available in English and Hindi. You can raise your concern by app and website too, and their associate will reach you as soon as possible. Therefore, due to its customer-centered approach, you should be the least worried about the problems you might face.
Frequently Asked Questions (FAQ)
1. Is deposit to the wallet free?
— Yes, it is free!
2. Can I create my Paytm account using the website?
— No, you'll be needing the official mobile app to create an account.
3. Why do I receive OTP every time I try to log in to my account?
— OTP is a security feature that enables its customer to protect any unwanted attack or scam.
Paytm was established in 2010 by Vijay Shekhar Sharma. Initially, it was used only as an online wallet to transfer local payments, paying utility bills, and recharging pre-paid phones. Now, the payment system can also be used at several betting websites. Cricketbettinghelp reviewed all the online gambling sites and extracted some of the most trusted and safe options that you can try.
Which betting sites accept Paytm?
We have selected some of the best gambling sites that accept Paytm and are licensed by a gaming regulation authority. These online bookies offer a wide range of sports to bet. A safe website, fair gaming environment, exciting welcome bonus, and generous promotional offers are the other factors why these bookmakers deserve your attention.
10Cric
The international bookmaker is known for its special flavor of cricket. And it's the primary reason why it's one of the most popular online sportsbook amount Indian gamblers. Apart from cricket, 10Cric also allows you to enjoy betting on football, tennis, basketball, table tennis, volleyball, and many more sports. In addition to Paytm, the online bookie also accepts other e-wallets like Skrill and Neteller.
- Welcome bonus: Free bets up to 10, 000 INR. Deposit 10, 000 INR and 10Cric will add 10, 000 INR more to it. So, you will get 20, 000 INR in total. Plus, 20 free spins.
- Minimum deposit: 500 INR via Astropay, 1200 INR if you are using Bitcoins and for all the other modes it's at least 1000 INR.
2. Betway
One of the biggest online bookmakers on the Earth, Betway is active since 2006. Licensed and regulated by multiple authorities including the UK, Malta, Ireland, and Sweden, the betting brand has millions of registered users. It is partners with West Ham United, Mzansi Super League, Windies, and the cricketing legend Kevin Peterson.
Betway has a secure website, which offers user-friendly options that you can easily navigate. If you like cricket, then it's the best website to register. Apart from cricket, the bookie allows you to bet on football, tennis, basketball, hockey, baseball, golf, martial arts, and many more sports.
- Welcome bonus: 100 percent bonus up to 2, 500 INR
- Minimum deposit: 200 INR
3. 22Bet
Betting should be a fun activity. If you believe the same then 22Bet is another online sport betting community that offers an easy to navigate website, safe transactions and maximum returns to your investment. It's one of the best platforms in India if you prefer to bet on cricket or football.
Commenced in 2017, 22Bet is licensed and regulated in Curacao. Due to SSL encryption, it has a safe website and smartphone app for both Android and iOS. Deposit and withdrawals are fast with Paytm and all other e-wallets. Apart from that, you can get an instant winning amount using cryptocurrency.
- Welcome bonus: 100 percent up to 10, 000 INR
- Minimum deposit: 70 INR
4. Funbet
Visit funbet.com and you will be instantly impressed by its graphics and user-friendly options. Its homepage shows you all the available sports to bet, which is helpful for beginners. The bookmaker has multiple payments including Paytm and many other online payment systems including GPay, Skrill, Neteller, Jeton, Miginity, and MuchBetter.
Licensed by Malta Gaming Authority (MGA), Funbet allows you to bet on many sports including cricket, soccer, tennis, basketball, ice hockey, football, bandy, boxing, cycling, darts, floorball, golf, and many more. Its website has SSL encryption that keeps all your personal data and banking information are safe.
- Welcome Bonus: 100 percent welcome bonus for sports up to 10, 000 and 100 percent welcome bonus for casino up to 16, 000.
- Minimum Deposit: 800 INR
5. Melbet
Around 15 sports and more than 40 e-sports are available on Melbet. Visiting its website might be overwhelming because you will find too many sections to check. However, after a few bets, you will find not anything difficult here. On the left, you will see all the live and upcoming events. So, you can bet on the ongoing matches as well as fixtures that are about to take place.
Melbet accepts more than 50 payments including e-wallets like Paytm, Papara, Skrill, Neteller, Perfect Money, and many more. Registration on its website is easy and you can start betting instantly after signing up. The bookmaker also a dedicated smartphone app that's available for both Android and iOS users.
- Welcome bonus: 100 percent up to 8, 000 INR
- Minimum deposit: 1, 000 INR
6. 1xBet
With options to bet on over 30 games, 1xBet is rated high among Indian gamblers. Apart from sports like cricket, football, and boxing, the online bookmaker also allows you to enjoy betting on e-sports, casinos, TV games, lottery, and virtual sports. Its registration process is easy and you can start betting once the sign up is complete.
1xBet allows you to use more than 100 banking methods. Talking about e-wallets, the online bookmakers accept Paytm, PhonePe, Skrill, Neteller, GPay, Papara, Jeton, FastPay, B-Pay, and many more. Deposits are instant in all the given modes. However, withdrawal time varies from 2 to 48 hours.
- Welcome Bonus: Up to 8, 000 INR on the first deposit
- Minimum Deposit: 1, 000 INR
7. PariMatch
Indian gamblers like to bet on a sleek and attractive website. Parimatch is aesthetically appealing as well as sophisticated. However, it doesn't mean that the bookmaker lacks anywhere in terms of betting services. You will get used to its black, white, and grey interface within some time and then you will be impressed with the features PariMatch offers.
The online bookie allows you to bet on multiple sports including cricket, football, tennis, basketball, and many others. Besides, it also gives you the option to bet on virtual games, sports poker, bet games, and casino. Other than Paytm, this gambling platform also accepts e-wallets like Skrill and Neteller.
- Welcome Bonus: Up to 8, 000 INR
- Minimum Deposit: 300 INR
Why gamble using Paytm?
Paytm offers hassle-free and seamless online transfers to betting sites. The transactions went through this payment system is fast and 100 percent secure. The usage is also simple; you simply need to select Paytm while making a deposit or withdrawal at any of the online betting sites we discussed above. You can use its services from a desktop as well as a smartphone. Plus, you can track the transfers on the Paytm smartphone app that's available for both Android and iOS.
Pros
- Paytm is acceptable on top betting websites
- Can be used via smartphone, no need to use account transfers or cards
- Deposit and withdrawal are faster
Cons
- Losing your smartphone can be a problem because it operates using your mobile number
How to open a Paytm account?
We have discussed some of the best betting sites that accept Paytm. However, you need to create an account on Paytm to start betting on any of the above-mentioned options. It's very simple to register on this Indian payment system. Follow the below-mentioned steps to create an online wallet on Paytm.
- The first step is to download and install the Paytm application on your smartphone.
- Open the app and choose your preferred language
- Enter your mobile number and Paytm will send you an OTP (One-time password) on your mobile number.
- The application will not ask you to create a 4-digit password
- The next screen will ask for an e-mail address, but you can choose to skip it.
- Then, you will see the Paytm dashboard.
How to fund my Paytm account?
Which Betting App Accept Paytm
You can easily transfer money to a Paytm account using any of your bank accounts. However, we recommend that you complete the KYC process to enjoy uninterrupted transfers and all other services. Follow the given steps when you want to add any amount to your Paytm wallet.
- Open the Paytm app you have installed.
- Tap on Paytm wallet to add money and enter the desired amount on the next screen.
- Select Proceed to see the options to transfer, which include debit/credit card and UPI.
- Choose the preferred payment method, enter the amount and tap on Pay.
- Next, you will the screen where you can enter the banking password. If not the bank's payment authorization page, you will see the space to enter an OTP sent to your registered mobile number.
- Put the password or OTP and click on Continue to finish the transaction.
- The amount will be credited to your Paytm account instantly and you can start betting.
How to complete Paytm KYC?
You will not be able to deposit or make a withdrawal until and unless your Paytm wallet is verified. To verify the same, you need to follow the KYC process, which is fast and convenient. The first step is to select a KYC option from your Paytm mobile dashboard. It will ask for your aadhar card number, enter it and select Send OTP. Type the OTP that you received via message and select continue. Your account will be verified shortly.
In case you are not getting any option to verify online, then you need to physically visit a Paytm executive with an aadhar card. Any of the nearby shops that accept Paytm can verify your account.
How to deposit using Paytm?
Once you create and fund your Paytm account, it's time to register on any of the websites that we mentioned above. You simply need to sign up using some of your basic details like name, date of birth, gender, and address. The next step is to create a user ID and password that you will use to login into the gambling profile.
Once you are on the dashboard of a particular betting site, look for the banking section. Click on it and the next screen will show you the available payment options. Choose Paytm, enter the desired amount you want to deposit and select continue. Once the transaction is complete, the amount will be deposited and you will be able to bet instantly.
Cricket Betting Paytm Cash
How to withdraw using Paytm?
Login to the betting account, go to the banking section, and select withdrawal. Choose Paytm as your withdrawal method, enter the amount, and tap or click on submit. Make sure you choose the amount lower than the maximum withdrawal limit. The withdrawal amount will reflect in your Paytm wallet within 24 to 48 hours.
Some of the betting sites will need you to verify your identity and address to withdraw. A passport or driving license is the best documents to confirm your ID. A utility bill or bank statement is sufficient to support your address. If you are betting from India, then a few of the betting sites might need your tax information, especially if you withdrawing big prize money.
Is Paytm safe and secure?
All the transactions through Paytm are 100 percent secure. The payment system acts as a bridge between gambling websites and your bank accounts, which means the chances of an online scam is minimal. So, both deposits and withdrawals are safe on this e-wallet.
Takeaways
Today, we discussed some of the best betting sites that accept Paytm and also mentioned their welcome bonus as well as a minimum deposit. These online bookies allow you to bet on both domestic and international sports fixtures. Once you create a betting account and deposit funds, you can start betting immediately.
Shon Miller is a professional online sports bettor and trader with over 10 years of experience in the industry. He worked with numerous online bookmakers including Bet365, Betway, and William Hill. With this long experience, now he has decided to share his experience with other betting aspirants like you. Know more at the about me page.
