Guide to Paytm casinos in India 2021
Paytm is a well-known mobile payment method in India with over 350 million users. It’s been growing since its launch in 2010 and is a prevalent payment method on e-commerce sites and other digital platforms. You’ll find Paytm on a majority of sites as Paytm is available through over 7 million merchants. The best part is that you can use Paytm when playing at your favourite online casino as well.
So what is Paytm? In a nutshell, it is a digital wallet that allows users to pay online or in-store with the help of their smartphones. It’s very convenient, fast and straightforward!
As Paytm has roughly 350 million registered users from India alone, you can access your bank account, top up your phone credit or your digital wallets and use it for various services and to make payments.
Not all online casinos support Paytm, but we have researched and listed which casinos you can deposit with Paytm in the top list below.
How to deposit with Paytm?
Below you can find the usual steps to deposit, but they might differ a bit depending on the casino and payment platform.
- Open the cashier at your casino and choose Netbanking or UPI.
- Choose the amount and confirm your deposit.
- Find your Paytm VPA (UPI ID) and copy it.
- Insert the UPI ID in the payment form and confirm.
- Accept the Paytm transaction and receive your confirmation of the transaction.
- Wait for UPI to receive the payment, and then you’ll get redirected back to the casino to get a successful deposit message.
Usually, you have to deposit and withdraw with the same method due to anti-money laundering policies. You might need to use Paytm for both withdrawal and deposits if the casino doesn’t accept withdrawals with another payment method.
There are no transaction fees from Paytm’s side, but consider that some casinos might take a withdrawal fee. Make sure to read the terms and conditions before making your withdrawal. The casino can also charge you a deposit fee, but it’s not very common.
Sign up for Paytm
To sign up for Paytm is very easy, and you’ll be ready within minutes!
- Download the app to your Android or iPhone.
- Follow the instructions and enter your email, phone number and password.
- Create your Paytm wallet and enter the OTP password that you’ll receive as an SMS.
- Enter name and date of birth.
- Create your account, and you’re ready to go!
You might need to verify your account. To do that right away, you can go to settings and find the KYC section. You’ll need to upload some kind of identification card such as a Voter ID card, Aadhar card or PAN card.
Yes, Paytm works for both Android and iPhone.
Yes, you should see the deposited amount right away. Withdrawals should be in your Paytm wallet within 48 hours.
Yes, as Paytm is an Indian payment method, you don’t have to think about currencies.
Yes, you can use Paytm in Indian real money casinos online.
Paytm works for both deposits and withdrawals. Most online casinos would like you to withdraw your money to the same method you used for depositing.
The maximum withdrawal amount you can withdraw from online casinos using Paytm varies for each casino.
Each casino sets its policy on the minimum deposit per payment method. It usually ranges from ₹50o up to ₹2,000. The same applies to withdrawals.
To deposit with Paytm, you need to choose Paytm as the method in the casino and follow the steps. Paytm deposits usually go through UPI.
Paytm is a secure method and provides you with easy and quick payments and withdrawals.
Paytm has various limits depending on which service you are using. Limits changes from time to time and has increased lately to promote digital payments and safe payment distancing. Please visit paytmbank.com for up to date limits.
In general, online casinos won’t ask you for an ID verification until you have reached a number of transactions. The KYC threshold usually amounts to around ₹2,00,00.
Paytm, among many other methods, works perfectly fine for Indian players who want to play online with real money.
If you play with real money and want to withdraw your money, the online casinos usually don’t apply any fee. No fees are the most common practice, but they can vary on different casinos.
Published on November 3, 2020 by Matt Brown. Last updated: October 14, 2021