Which Betting Sites Accept Paytm?
As one of the most popular payment gateways in India, Paytm has garnered a massive userbase. However, did you know that there are several online betting sites that also accept Paytm?
Paytm betting apps are everywhere, including several cricket betting sites. There are numerous Paytm betting sites catering to Indian punters in the online gambling industry. So before you start frequenting these online bookies, it’ll be useful to find out some detailed info about the payment service itself.
In this piece, we will give you an in-depth look into Paytm and also share information about which betting sites accept Paytm. By the end of this piece, you’ll know exactly how to use Paytm for online transactions on betting websites.
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Which Are The Best Paytm Betting Sites?
Paytm is a popular payment method in sports betting and you can easily find several Paytm betting sites on the internet. However, you want to make sure that the betting site you choose to play on, is a reputed one that is registered and have a proper license.
You do not want to end up on online betting sites which are not registered and which offer no protection for your money.
You would also want that great welcome bonus when you sign up first time on a betting site. Hence, you need to find the top Paytm betting sites which have great deals for bettors.
So, are you on the lookout for the best betting sites which accept Paytm? If you are, you have landed at the right place.
We have compiled a solid list for you which contains the names of some of the most popular online betting sites that accept Paytm. On these sites, you will be able to recharge your betting account using your Paytm account and even withdraw your earnings straight into your Paytm wallet.
A Brief Introduction To PayTM
As we already mentioned, Paytm is one of the most popular payment gateway solutions in India and is extensively used by small and large businesses alike. Vijay Shekhar Sharma, a serial entrepreneur, founded Paytm way back in 2010 as an advanced, technology-driven e-wallet.
Your Paytm account is connected to your bank account, so you can easily transfer money from your bank account to your e-wallet and vice versa.
For those who do not want their betting transactions to reflect in the statement of their personal bank account, they can definitely consider Paytm a boon. This is because when you pay on the betting sites with Paytm, you don’t need to put in your bank details or use your bank card directly to make any payments.
This way, the betting transactions are not directly linked to your bank accounts and won’t reflect on your personal online banking statements.
Paytm also has its own marketplace, referral rewards and other perks, which you can explore on the payment app itself. It also keeps introducing new features such as the Paytm card and the Paytm payments bank, and you can discover their offerings on the app itself.
How To Conduct Financial Transactions Using Paytm?
Did you know that you can deposit money into your betting account using Paytm with just a simple touch? Once you have your Paytm account set up, you can easily make a Paytm deposit to any gambling site of your choice and avail of their one-touch payments features.
If you are a new user and you are just figuring out how to use Paytm, do not worry, it is the easiest thing in the world. Paytm is one of the most convenient deposit methods, because its user interface is easy to adapt to.
If you have to make a Paytm deposit on a betting site but haven’t created your account yet, follow the easy steps below to get started on Paytm.
How to Make Betting Deposits Using Paytm?
Several betting sites in India allow you to make deposits with Paytm, but how? Once you download the Paytm app on your phone, you have to complete some easy steps to get your Paytm account set up. You will then be able to easily make the first deposit on a betting site of your choice.
- The first step is to click on register, and the app will direct you to a page where you fill in your data and create your account. You can choose to do this on your desktop, directly on the Paytm website, or through the app that is available for both Android and iOS. The registration process is quite fuss-free and will only require some basic data from you.
- You will have to put in your email address, your phone number (provide the mobile number of the phone in which you have the app downloaded) and then you can set your password. Once you set your password, you will be able to see a “Create your Paytm wallet” button, which you can press.
To confirm that you put in the right phone number, Paytm will send you a 6-digit OTP number on your phone, and you have to type it in on the app. Once your mobile number is verified, your account will be registered with Paytm and you will be all set to start using it.
- Once you have your account set up, you will be eager to start betting on some of the best Paytm betting sites. However, not so fast! You first need to add funds to your Paytm wallet to be able to make transfers to sites that accept Paytm. You can link your bank account to Paytm and instantly add money to your digital wallet. For this transfer, you can also use your bank card, Google Pay, PhonePe or other such payment solutions.
- With your digital wallet loaded, you are now ready to bet on Paytm betting sites. Just visit the casino account of your chosen online casino, and select Paytm as your preferred mode of payment. You can then directly transfer funds from your Paytm wallet account to the casino account, and begin betting on your favourite sports.
Remember one tip, each casino has a different minimum deposit requirement, so make sure you double-check the minimum deposit requirement of the Paytm betting sites that you plan to play on.
How to Make Withdrawals Using Paytm?
So you have just bagged some sweet earnings at a Paytm betting site and you want to know how to withdraw your earnings? It is a super easy process and is extremely quick as well.
You simply have to visit the withdrawal section of the Paytm betting site and you can enter the amount that you wish to withdraw from your betting account and select Paytm as your preferred withdrawal method.
Usually, most casinos will have a maximum or minimum withdrawal limit, and you need to check the regulations for the Paytm betting site you are on. Once you know about the limit for your chosen site, you can directly transfer the money from your betting account to your Paytm account.
All that is left for you to do is enter your Paytm number or your UPI ID on the betting site and you can instantly withdraw the amount of your choice to your Paytm wallet directly. Now simply click on the Withdraw or Pay button and voila, the money will be transferred to your digital wallet.
You could then withdraw it from your Paytm wallet to your bank account directly or keep it in your Paytm wallet to place your next bet. The best part about Paytm is that it has no transaction charges. While some casinos might deduct fees for Paytm transactions, it is usually not a big fee like for some of the other payment methods.
Why Should You Use Paytm?
When you pick a payment method for your transactions on betting sites, you should ask yourself why this payment method? What benefits is it offering you over other payment methods? This helps you make a fair assessment of whether this particular method is the best choice for you.
So why is Paytm the right betting method for you? In the following paragraphs, we will detail some of the interesting features of Paytm and its strengths. This will help you glimpse through the amazing benefits that Paytm has to offer.
It´s Highly Secure
Security is a high priority when it comes to digital payment solutions and Paytm has gone to great lengths to ensure security for its users. Paytm is integrated with the UPI portal that is supported by the Reserve Bank of India and this gives a great deal of legitimacy to the payment solution.
Paytm also uses 128-bit SSL encryption to protect the transactions on the service from any external attacks or digital frauds. You will thus be able to enjoy a high level of security on the app, especially when using it on Paytm betting sites.
Paytm Is Widely Used and Accepted
There is simply no death of Paytm betting sites on the internet and this goes to show how popular the payment solution is, especially among Indian bettors. You can use Paytm for online betting on most of the top betting sites and every Paytm betting site comes with its own perks and benefits.
You will also be able to use Paytm on an international betting site because there are quite a few of those betting sites in India, which cater to a large chunk of Indian bettors.
Paytm Has a User-Friendly Payment Interface
You will notice that most Paytm betting sites let you withdraw money and deposit money instantly. This is because the transaction speed of a Paytm deposit or withdrawal is quick. However, the best feature of Paytm is that it is simply easy to use and understand.
You can visit a betting website and instantly start betting with Paytm, from anywhere, at any time. The app interface is super easy even for those who are not very proficient with digital transactions. You can add money to your account with a few simple steps and start betting on betting sites with Paytm.
Pros & Cons of Paytm
If you have chosen a betting site with Paytm, you should be aware of the pros and cons of Paytm betting before you begin sports betting. The payment solution is perfect for sports betting because it offers you a degree of anonymity, and ensures that your Paytm betting records do not reflect in your personal bank account statements.
You can make safe and secure payments on our favorite betting site, and withdrawing money is also quite hassle-free.
Most popular betting sites that accept Paytm and you will never run out of options of Paytm betting sites in India. Many betting sites, especially Paytm deposit betting sites offer you additional perks like a deposit bonus, for Paytm betting. This way, Paytm betting sites incentivize bettors to use this payment mode.
As for cons, one of the cons of Paytm is that some Paytm betting sites may charge you an extra fee for using this service. In online betting, all the betting sites have their different rules and you usually end up paying transaction fees anyway, no matter which payment method you use.
Compared to other payment methods, making your first deposit with Paytm might actually be less expensive, since it is one of the cheaper deposit methods in terms of transaction fees. Make sure you check the rules of the betting site with Paytm acceptance before you add money to your casino account.
Paytm Betting FAQs
Are you excited to play some fun casino games or engage in some cricket betting on a betting site with Paytm? Before you add money to your cricket betting account or play on other betting sites with Paytm, you should know all the important details about the payment method.
If you have already set up a functioning Paytm account but still have some vital questions, we have compiled a list of useful FAQs for you. We have answered several questions like those about depositing money or claiming a deposit bonus already. So we hope you find the answers to your other pressing questions below.
Can I Use Paytm with Indian Rupees?
Indian betting sites usually accept Paytm for a range of betting activities like cricket betting or other sports betting.
Since betting sites with Paytm cater to the Indian market, given that the payment solution in India, it definitely supports the Indian currency. You can bet on your favorite betting sites with Indian rupees if you are using Paytm. You will have no problem using the INR for online betting on Paytm betting sites.
How Long Does it Take to Deposit with a Paytm account?
So you have decided to undertake some online gambling with Paytm and want a quick transaction speed. Don’t worry, if you are on betting sites that accept Paytm, you will notice that your Paytm deposits will go through almost instantly.
At the core, it is about transferring money from one digital wallet to another, which is why you can instantly deposit money into your betting account on betting sites that accept Paytm.
In the Indian online betting market, Paytm is undoubtedly one of the most widely accepted payment solutions. There are several betting sites in India that will allow you to place bets with Paytm.
In this piece, we told you the several benefits of using the Paytm mobile app, and we can ensure you, millions of Indian punters use Paytm betting apps regularly. So visit your online bookmakers today and check if they accept Paytm!Last Updated on 15/12/2022 ago by Devak Mukherjee