Betting Sites and Online Casinos which accept Paytm are growing. Since Paytm’s advent, it has revolutionized the way we deal with payment transactions now. As reluctant as people were to put their face in this new technology, you won’t see any Indian who doesn’t know about this application. From local merchant stores to the biggest online casinos, everyone understands the potential and the necessity of this wonderful e-commerce and e-payment application in order to stay in the running.
If you love using PayTM and are looking for any online casinos that accept PayTM, then we have got you covered. CasinoFox.in brings you a list of top online PayTM casinos for your convenience and your entertainment:
Best Paytm Casinos & Betting Sites of 2022
1. Jeet Play
Jeet Play is the No. 1 Paytm casino in India at the moment. It has an awesome collection of games and a fast withdrawal process.
In this day and age, there are numerous competitors of PayTM and multifarious modes of cashless payment accepted by the online casinos in India. So why is it that Indians still prefer to make their transactions at these casinos and betting sites via Paytm?
Here are some of the amazing features of PayTM:
It accepts every method of payment
The following is not true for just Paytm casinos and betting sites, but any site accepting paytm. In any transaction involving PayTM, the other party doesn’t need to be confined to using PayTM for making payments. PayTM offers multiple ways for the customer to pay. Some of them are as follows:
UPI payment methods such as Google Pay, PhonePe, etc.
Debit cards and credit cards such as VISA, MasterCard, and more.
EMI options available on cards
Security of Payments
In this era, security of online payment transactions has become a major concern for people. So, to relieve the customers of their worries, PayTM makes use of the most advanced anti-fraud technologies at all Paytm casinos which are:
Advanced Data Encryption Standard
Secure Socket Layer (SSL)
Secure Electronic Transaction Protocol (SET)
Tokenization: This is where any sensitive information is replaced by indecipherable characters to protect your privacy.
You don’t need to be familiar with what the above terms mean to feel safe when making transactions online via PayTM. They have a highly dedicated team of cyber security experts who look after all the online transactions and guarantee their safety.
High Industrial Success Rate
PayTM has integrated directly with the best banks in India, multiple bank gateways and networks. This successful integration is responsible for short transaction times, and the dependency on the mobile networks. This feature is of high value at paytm casinos where shorter transaction times are important.
PayTM monitors the proper functioning of their payment gateway 6 times every minute.
Did you know? Over 2500 transactions occur every second via PayTM. And few of them happen at Paytm betting sites for sure 🙂 😀
Bank settlements in real-time
In order for a transaction to be considered as complete, you would naturally expect there to be faster settlements from your end. You can select from various options concerned with the settlement of transactions and how soon you want the funds to be available in the accounts. I am guessing features like these making you love Paytm casinos more and more.
While casino games may not be happening in real-time, this timing plays a much more crucial role at Paytm betting sites.
Online transactions are free of charge
The PayTM payment bank doesn’t charge you a penny for any online transactions or fund transfers. The transfer can take place via any means, UPI, NEFT, or such.
No minimum balance required
In regular banks, you are expected to maintain a minimum balance in your savings account, or you might face a penalty. But there is no such condition with PayTM. You can keep your balance nil and you won’t face any penalty. So if you want to play at paytm casinos, you can just reload your account and start playing. You can empty it when you’re done.
Easy Opening of Account
With all the hassle and time consuming tasks of opening an account in regular banks, it gets really frustrating. But opening an account in a PayTM bank is as easy as taking candy from a baby. It can be done via the PayTM app and is completed within 2 minutes maximum.
However there is still a requirement of KYC verification, but you can fill out the KYC form in the PayTM application itself. A representative from PayTM would then come to your home to complete the rest of the KYC formalities.
Hope this clears why PayTM is so popular and why PayTM casinos are a hit.
How to use PayTM to deposit and withdraw at online casinos?
Making transactions at online casinos has become cakewalk with the option of making deposits and withdrawals via PayTM. With a thorough step by step process, we will show you how easy it is to deposit your money and start playing. For this example, we have considered 22Bet which is a popular Paytm betting site.
Making a Deposit
Step 1 – Create a PayTM account
To play at any paytm casino, the first thing, which is obviously, a no-brainer, is creating a PayTM account. Download the application from the play store or app store, or by visiting the PayTM site.
Open the app and hit the sign-up button.
Fill in all your details such as phone number, email address, date of birth, etc. and create a password. Finally click on “Create your Account”
After typing in the OTP that you receive, you are done and your PayTM account for Betting & Casino is ready.
Step 2 – Add Funds to your Wallet
Now that your account is created, the next step is to fill your wallet with some funds. This can be done via various payment methods. Some of them are:
Choose whatever payment method is comfortable for you and deposit some funds. Payment is done almost immediately and the amount you added is reflected instantly in your wallet.
Step 3 – Deposit your money from PayTM to your favorite PayTM casino
Now that you have added fund in your wallet, all you have to do is:
Select your favorite paytm casino or betting site.
Create an account on that casino site.
After your account is created successfully, go to the deposit option and choose PayTM as the mode of payment.
Fill in all your necessary details of your PayTM account, and hit “Pay”.
The money is successfully deposited in your PayTM casino account and you can start playing.
Step 4 – Deposit money without Adding to PayTM wallet
You can remove the step 2 completely if you want. For that, all you need is to have an account on PayTM.
Then create an account on the online casino.
On the casino site, click on “Deposit”
Enter the amount you want to deposit and select the UPI option for payment.
Then enter your PayTM UPI ID on the deposit page of the casino.
There will be a request generated on your PayTM Application. After accepting the request, the funds are transferred instantly from your bank account to your online casino account.
Make a Withdrawal from Online Casino
If the deposit process seemed lengthy to you, then that might be because you were new to paytm casinos. Now that you have become familiar with the workings of the PayTM application, the withdrawal process would be cakewalk.
To make a withdrawal from an paytm based casino account, follow the steps below:
Go to your online casino account and press “Withdraw”
Enter the amount that you want to withdraw. By the way, nobody tells this, but you can’t withdraw more money then you have in your casino account. Crazy, right?
Choose the payment method as PayTM or UPI and enter your PayTM number or your PayTM UPI ID according the method you chose.
Finally press Enter, and you’re golden.
There are a few things that you should know before you make a withdrawal.
Paytm Casinos usually charge you with a fee for making a withdrawal. Some casinos don’t charge you a penny while some take a cut.
You might be asked to verify your account while making a withdrawal. There is no need to panic, as it is done for the safety and security of the players. Just follow the steps on the site to verify your account.
All PayTM casinos have a minimum withdrawal limit, below which you cannot withdraw the amount. Every casino has its own minimum withdrawal limit.
That is all there is to making a transactions via PayTM. Just take a moment to appreciate the beauty of technology and innovation.
Is PayTM safe for Online Gambling?
You wouldn’t be human if this question didn’t pop up in your mind at least once.
With cybercrimes on the rise, and with online frauds happening left and right, it is completely natural to be worried about the safety of your money. If you are going to indulge in Paytm Betting, then you should definitely ask this question.
The last thing you wanna know is that you were thinking about what you would do if you win, but all the money you deposited is gone on its own.
So how does PayTM make it safe for you to gamble online?
PayTM uses the advanced data encryption standard to keep all your personal details safe and secure.
Every PayTM transaction, whether it be depositing your money at the PayTM Casinos, or withdrawing from them, takes place via a 128-bit SSL encryption security standard.
Every transaction is monitored live by a team of cybersecurity experts to ensure the success and the safety of transactions, just like an online casino has its own security.
PayTM wallet has a password protect feature on the mobile application. So if your mobile ever gets stolen, while you are worrying about if you are ever gonna see your mobile again, you can seek comfort in the fact that your account details are safe inside PayTM application.
PayTM makes use of the tokenization encryption process wherein your sensitive information such as your CVV, OTP, etc. turn into illegible characters as you type them in the application.
Casinos which accept Paytm take a lot of care of security and privacy of customers. PayTM is one of the most trustworthy and widely used applications and is approved by the Reserve Bank of India. It is used by millions of merchants across India. So if they are putting their faith in PayTM, you can gamble online to your heart’s content.
Alternatives for PayTM for Depositing Money at Online Casinos
Though you can’t guarantee every single feature of PayTM to be available in the alternatives, you can be sure that these alternatives are extremely popular and are tough competitors of PayTM.
Each alternative has some unique features of its own, and some features that you enjoy in PayTM.
So let’s check out these alternatives and the various features they offer:
Most Casinos which accept Paytm should also accept Google Pay. Also known G Pay, it is very popular UPI application and stands tall against PayTM. Some of its features are:
It allows you to pay money or receive money directly from your bank account, by cutting through the hassle of topping up your wallet first.
You can transfer funds to anyone, including those who don’t have Google Pay application.
You can pay your bills via G Pay
You can earn rewards on every payment you make.
It is available on both Android and IOS devices
PhonePe is an Indian UPI payment application and is often used for making money transfers and recharges. It has over 100 million users. A lot of betting sites which accept paytm are also into phonepe.
Here are some features that make this application so popular:
Can be used all over India and in any transaction
It gives you multiple payment options for the source of funds, such as debit card, credit card, UPI, or bank accounts.
It allows you to store your money in its digital PhonePe wallet. So the application doesn’t have to access the linked bank account every time a transaction is made. It is faster and safer if you have to make frequent payments and fund transfers.
Despite Hindi and English, At PhonePe casinos, there are options of multiple different languages such as Tamil, Bengali, etc. so that you can navigate the app easily and comfortably.
It is available on both Android and IOS devices.
Neteller is an e-money service publicly owned by Optimal Payments PLC. It allows people from more than 180 countries all over the world to transfer their money to and from merchants and gambling firms.
Some of its key features are as follows:
Neteller makes it easy to pay money online, even where debit cards and credit cards don’t work.
You have the option to send or receive your money anywhere in the world instantly to anyone you want, even if they don’t have a Neteller account.
It is one of the most trusted payment systems all over the world. It is equipped with the latest security features and anti-fraud tools.
You can earn awesome rewards and promotions when you join Neteller for the first time.
Paypal is a commerce platform specially designed for your business needs and your customers. But it can also be used to transfer and receive money from the online casinos. However, I would like to tell you that Paytm betting sites are far superior than Paypal.
Here are the amazing features of PayPal:
Money transfers and online transactions are quick and easy, with almost no waiting time.
You can navigate the platform of PayPal very easily and without any help, even if you are using it for the first time.
You can invest your money via PayPal with the touch of your finger.
You can send invoices, receipts; make payments, payment requests; all from one platform.
Paypal is more business-friendly and is quite often used in a professional capacity, but it doesn’t mean that you cannot use it in online casinos. You know what they say: “Work Hard, Play Hard”
More Online Casinos to accept PayTM in future
The only downside of PayTM is that you cannot use it for making payments outside of India.
There are still many online casinos, which are based outside India, that don’t accept PayTM because of this issue.
But there are some major factors that are considering these casinos to change their mind and include the option of PayTM as a payment method. Let’s take a look at these factors:
Being a country with the second largest population, the major clients of the casinos are Indians.
A huge chunk of the Indian population prefers to make their transactions via PayTM
Many of the best international online casinos in India provide the option of using PayTM for depositing and withdrawal of money.
So if you have some online casino as your favorite, but they don’t have an option of using PayTM, it is very likely that they would soon have the choice of PayTM available as a mode of payment.
Can I withdraw my winnings using PayTM?
Yes, every PayTM casino gives you an option to withdraw your winning using PayTM. You can withdraw using PayTM in 2 ways: using PayTM UPI, or PayTM Wallet.
What is the maximum deposit limit for PayTM at Casinos?
The maximum amount that you can deposit using PayTM is Rs. 10,000 per deposit.
What is the minimum deposit limit for PayTM at Casinos?
The minimum amount that you have to deposit at an online casino using PayTM is Rs. 500. If you are thinking of winning big, then this can be considered as a small limit.
Are there any alternatives for PayTM at casinos?
Yes, there are many other alternatives such as Google Pay, PhonePe, Paypal, Neteller, etc. that you can consider. Check out the article to see the features of each alternative.
Is PayTM KYC required to start playing casino games?
KYC is required to use PayTM wallet. However, you can still deposit or withdraw your money from online casinos using PayTM UPI.
Is it Legal to use PayTM at Online Casinos?
There is no such law that considers using PayTM at the casinos illegal. However the matter of legality of online casinos is a completely different dilemma.
Is there any fee for depositing money using PayTM at casinos?
There are no extra charges while making payments via PayTM at the casinos or anywhere else, for that matter.
Is there any fee for withdrawing money using PayTM at casinos?
Some online casinos don’t charge you anything while you make a withdrawal, while some casinos might charge a small fee.