PayTM is an online money deposit and payment service. Because of the convenience it gives to its users, this service has become very widespread. PayTM is an intermediary between players and online casinos. Through the PayTM service, players are provided with a way to finance their accounts at a low price, with high processing speed, information security, and many benefits.
What is PayTM?
The service was founded in 2010 by Vijay Shekhar Sharma. It is headquartered in Noida, Uttar Pradesh. Since its inception, they have been the leader in the electronic payment business in India.
The process of this service is simple and fast. Deposit is free and money transfer is instant. The service is available to Indian citizens, and it is regulated by the Reserve Bank of India, so it is completely safe and secure. Payment can also be made from a mobile phone. When using this service, you can also get a welcome bonus from many online casinos.
The most famous casinos that accept Indian players and provide PayTM payment facilities are Betway, Lucky Days, Megarush, 10CRIC, Pure Win, Pari Match, Glassi, Doggo, 22 Bet, Casino Days, Fizz Slots.
Creating a PayTM account
The easiest and fastest way to deposit and pay online, such as gambling at one of the PayTm Casinos, is to download the PayTM app. Setting up an account is very quick and easy. After accessing the application and entering all the necessary data, go to the “Create a new account” field. A one-time password will be sent to your phone number. After entering the password, you provide your name and date of birth and after selecting the “Create account” option, your account is set up. Creating an account is free.
Deposit
With a minimum deposit of 500 rupees depositing money in an online casino is accessible to almost everyone, regardless of age and financial power. In the menu where you can see all available payment methods, select the option “PayTM wallet”.
In the indicated section, you will enter the amount and other details related to your account. You must check the entered data before finalization and confirmation. By confirming the entered data, your deposit will be in your online casino account, after which you can access your favorite game. No deposit fee is charged.
You can deposit your money to your PayTM wallet through Debit Card, Credit Card, BHIM UPI, and Netbanking.
Verification
It is very important to check if the PayTM payment option is verified. If this option is not verified, you will not be able to withdraw the winnings to your account.
Withdrawal of money
To verify your identity, you will need to complete a KIC verification at the online casino before you can withdraw your winnings. After confirming your identification, by selecting the “Withdraw money” option, you will be redirected to a page where you can see payment methods. In this menu, you select the “PayTM wallet” option.
In the designated section, enter the amount you are withdrawing and by selecting the “Confirm” option, the withdrawal will be processed. Sometimes it takes a little longer for funds to be disbursed, although most transactions are instant. When you withdraw money from your wallet to your bank account, you pay a fixed fee of 4%.
Currencies accepted by PayTM
PayTM caters to the international market, although it is not easy to find in online casinos. PayTM accepts Indian Rupees, USD, NZD, and EUR.
Customer support
If you have any doubts or additional questions, it will be of great benefit to you to choose an online casino that has 24/7 customer support, as they will provide you with information and assistance at all times. It is desirable that the chosen online casino gives you the possibility to ask your questions verbally (chat with the operator) or by email.
If your question requires a more detailed answer, it is best to contact the operator via email. You should receive a response by email as soon as possible. Most online casinos also have a FAQ section on their site where you can find a solution to your current problem you are having.
Security
PayTM implements strict safety and security measures. SSL encryption technology provides a high level of protection, and a password must be entered for each transaction. All your data is completely private and secure.
Every change is made through a secure server and excludes the possibility of access by Internet fraudsters. It is important to note that you must check whether the PayTM casino has a valid license from the regulatory body. At the bottom of the home page is the logo of the regulator.
Games
We advise you to always browse the list of games offered by the online casino and thus check whether your favorite games are on that list.
The best PayTM casinos have a wide selection of live casino games, slots, table games, and Indian games like Teen Patti and Andar Bahar that are enjoyed by Indian players.
Sports betting is very popular among Indian bettors, with a wide variety of sports to bet on, with great odds of winning.
Conclusion
PayTM is used by millions of people across India. It is completely safe and one of the fastest methods for depositing funds.Transactions when depositing funds to your online casino account are free of charge. All your payments are instant and you don’t have to wait long for the money to arrive. PayTM gives you the facility to deposit and withdraw money in Indian Rupees.Although PayTM is only available in India for now, hopefully, that will change shortly.