PayTM Casino Guide

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PayTM is one of India’s online payment services that enable you to deposit money in digital wallets and make payments online. Once you have a PayTM account set up, you can use it to pay for online transactions, including online gambling. What makes it ideal is that it is cheap, easy, and fast. In this PayTM casino guide, we’ll take you through our detailed guide on how to use PayTM to deposit and withdraw funds from your online casino account. We also tackle PayTM fees, Pros & Cons, and frequently asked questions about the PayTM payment option.

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PayTM is founded by Vijay Shekhar Sharma and is the one that pioneered the QR payment option in India in 2010. It is located in Noida, Uttar Pradesh. Today, over 7 million merchants are connected with PayTM in a different business line, such as booking travel, ticketing, renting vehicles, and online gambling. It has become prevalent because of the convenience it brings to its users. The fund transfer is instant, and the deposit is free of charge. In India alone, there are over 100 million PayTM users.

PayTM Pros & Cons

Pros

  • PayTM is easy to use with its simple and straightforward process.
  • The deposit method is real-time and free of charge.
  • It is safe and secure as the Reserve Bank of India regulates it.
  • It is available in 11 different languages.
  • You can deposit and withdraw straight from the casino site using the PayTM app.
  • You can even deposit Rs. 500 with PayTM.

Cons

  • While there is no deposit fee, the withdrawal fee can be a downer. It charges a 4% withdrawal fee.
  • There are issues with contacting customer support.
  • You should be an Indian citizen before you can use PayTM.
  • Just a few online casinos accept PayTM.

How to Create a PayTM account?

To create a PayTM account, follow these steps:

  • Visit the PayTM website, or better yet, download the PayTM app as it is the fastest and easiest way to make an online payment and making deposits.

PayTM Registration Guide

  • Once you are on the official site or app, the next thing to do is input all the necessary information such as email address, phone number, and password. When all information is provided, head onto clicking the “create a new account.”

PayTM Registration Guide 02

  • An OTP (one-time-password) will be sent to your phone number. Key in the OTP and proceed with providing your full name and date of birth. Click the “create account,” and your PayTM account is all set up. Now you can proceed with the next step, and that is to fund your PayTM account.

PayTM Registration Guide 03

Important Note: When it comes to depositing your PayTM account, you will have plenty of options such as credit card/debit card, UPI, and net banking. You might want to consider linking your bank account. The transfer of funds from a bank account to a PayTM account is instant and free of charge. The only time a transaction fee will be deducted from your account is when you withdraw your funds.

How to Deposit in an online casino using PayTM?

Depositing money in your casino account via PayTM is a hassle-free process. Just follow these steps:

  • Go to the lobby and click on the ”Deposit” icon.

Paytm Casino Deposit Guide 01

  • A new page will open where you can see all the payment methods available for you such as ecoPayz, Mastercard, Skrill, and Neteller. Click on the ”PayTM wallet” option.

Paytm Casino Deposit Guide 02

  • A new window will pop-up where you can enter the amount and your PayTM account details. When you are done, click on the ”Confirm” button. Your deposit will be instantly credited to your casino account.

Paytm Casino Deposit Guide 03

How to Withdraw from an online casino using PayTM?

You can use your PayTM wallet to withdraw funds from your online casino account. Simply follow this step-by-step guide:

  • Go to your profile and click on the ”Withdrawal” icon.

PayTM Withdrawal Guide 01

  • You will be taken to a page where you can see all your payment methods. Click on the ”PayTM wallet” icon.

PayTM Withdrawal Guide 02

  • A small window will appear where you can enter your Paytm account details and the amount you wish to take out. When done, click on the ”Confirm” button. Your withdrawal will be processed quickly.

PayTM Withdrawal Guide 03

How Secure is PayTM?

When it comes to your account’s safety and security, there is nothing to worry about as PayTM employs robust security measures. It uses a 128-bit SSL encryption technology, which provides the highest level of protection when dealing online. Whenever a transaction is made, you will be prompted with an OTP or one-time password, and you need to key in the OTP for the marketing to push through.

PayTM Fees

PaTM does not charge a fee for deposits. It is completely free. Creating an account at PayTM is also free of charge. However, when you withdraw money from PayTM wallet, there will be a 4% fee.

Frequently Asked Questions

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The maximum deposit amount using PayTM is 1 Lakh. In most online casino sites, the full amount you can deposit is 10,000 Rupees. If you are a high roller, you will find PayTM insufficient to give you the much-needed amount to play online casino. PayTM is excellent for small amount transfers. If you are cautious with your online gambling spending, then PayTM is the best for you.

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Yes and no. It all depends on the casino site. The good news is that most online casinos in India give welcome bonuses to players who deposit through PayTM.

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Yes. Some apps enable you to transfer from one e-wallet to another. However, there will be a corresponding fee depending on the type of transaction.

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Withdrawing funds from PayTM is easy. Log in to our account and choose passbook, and click “send money to the bank.” Click transfer and enter the desired amount and bank details. The money will be credited to your bank account instantly.

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While both are PayTM, they are a different thing. PayTM is exclusively an e-wallet where you can hold and transfer funds instantly. On the other hand, PayTM bank is a licensed financial institution to allow you to withdraw cash at automated teller machines. On top of that, it also holds interest-bearing savings account and other bank transactions.

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No. If you are looking for comfortable and cheap deposit and withdrawal methods in India, then PayTM is the best way to go. You can set up your account in less than two minutes. The minimum deposit is 500 Rupees, and the transfer of funds is free. The only time you will be charged a transaction fee is when you withdraw your funds.

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Absolutely. Fund transfer is instant. The moment you transfer funds, it will automatically reflect on the other’s account. It is real-time, which makes it all the more favorable in funding your online casino account. If you are playing your favorite casino game and running out of the fund, all you need to do is transfer money through PayTM.

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Yes, it's legal to use PayTM wallet to deposit funds in your casino account.

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Yes, it's perfectly safe to deposit on online casinos via PayTM. It is regulated by the Reserve Bank of India. PayTM takes the security of its user very seriously.

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Yes. PayTM will require you to verify your account, especially if you want to increase your fund limit and maximize the perks of using PayTM. To verify your account, you will need to present all the necessary documents such as your PAN card, ID or voter's card, and Aadhar card.

Conclusion

PayTM is one of the best and fastest methods to deposit funds in your casino account. It is secure and used by millions of people all over India. You can make payments from your mobile. It is recommended to fund your casino accounts via PayTM. Furthermore, many online casinos give you a welcome bonus even if you use PayTM. There is just one drawback which is its 4% withdrawal fee. If you are okay with it, then it is one of the best payment options to fund your online casino account.