Many gamblers from India choose PayTM casinos to play. This payment option is one of the fastest and cheapest ways to start gambling. Here we will provide you with the information why this banking option is so popular.
If you are still choosing which payment method to select, this review will provide you with detailed information about PayTM casinos and their features. You will learn about the best gambling sites accepting this payment method as well as why Indian casino customers choose it. Our experts will share with you their view on why this is the best payment method for Indian gamblers.
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How we choose the best Paytm casinos in India
It is not an easy task to choose an online casino. We apply many criteria to find out which gambling website is the best. The most popular PayTM online casinos offer generous bonuses and other promotions allowing you to increase financial capabilities. The range of games on those sites is impressive. You will find slots, card titles, roulette, live casino games and others. Here is our list of criteria to choose the best PayTM casinos.
Bonuses and promotions
The best Indian PayTM online casinos offer generous bonuses. You can get a lot of money and free spins there
Apart from the welcome package, gamblers can benefit from other promotions and get even more cash and free spins.
The best betting sites accepting PayTM cooperate with the best software developers like Microgaming, Wazanda, BGaming, Evolution Gaming and others. Those companies have developed many good games with high theoretical RTP. Those developers are fair as their games are constantly monitored.
Wide range of games
The best gambling sites offer many fair games from slot machines to live casino titles. In most cases, you can try those titles in demo mode without risking money. Many games in the best Indian casinos have huge jackpots.
Why is Paytm the number one popular payment option for online gambling and betting in India?
Is Paytm legal and safe?
Yes, this payment option is legal and safe. They are working in India providing local customers with secured transactions. PayTM cooperates with many local banks and provides customers including gamblers with the best financial transactions’ experience. This payment option is regulated by local regulatory authorities meaning the transactions using this banking option are allowed by the government.
Quick guide to deposit with Paytm
There is nothing difficult to deposit funds if you want to start playing PayTM betting sites. To do that, you need to visit a website, which accepts this payment option first. It is to mention that while this banking option is one of the most popular in India, not all websites accept it. Once you have found such a casino, do the following steps:
- After registering in a casino, go to the deposit window and choose NetBanking option (this is a PayTM UPI option).
- Go to your patent option account and copy your UPI ID. Then paste it on the transaction page.
- Wait for the payment confirmation. Once this happens, you can see your money on your account and start gambling.
Steps to withdraw with Paytm
To withdraw money using PayTM deposit offer method, you don’t need to do much. If you have winnings, you can cash out them to your bank account using this payment option. Go to the financial section of the dashboard and choose NetBanking again. To complete the transaction, you need to do the following steps:
- Enter the amount you want to withdraw;
- Make sure there are no withdrawal restrictions or limitations;
- Make sure your casino account is linked to the payment system you choose;
- Enter your PayTM ID;
- Wait for the transaction confirmation;
- Check your account.
Paytm fees and timings
When it comes to fees, most Indian casinos do not charge customers any commission at all. This means that your transactions will be cheaper. As for the transaction speed, it depends on the casino you choose and the bank PayTM cooperates with. How to check commissions and timings? Here is a brief guide:
- Go to the casino website and look for the Payment or Banking Option section. There you will see a table with available payment methods.
- Look for the PayTM payment option there. Check if this banking option is available for both deposit and withdrawal transactions.
- Now you can check whether a particular casino charges the customers any fees. Check the minimum deposit requirements for this banking option
- Last but not least, you can see the transaction speed for both depositing and withdrawals. Funding accounts are instant in most cases, while withdrawal transactions may take up to 48 hours.
While many Indian casinos accept this banking option for depositing, not all of them allow gamblers to cash out using the same banking option. Make sure you can withdraw using PayTM.
Indian banks dealing with Paytm
The list of Indian banks cooperating with this payment option is abundant. You can find the most popular financial organisations there. More than 170 banks of various sizes cooperate with the payment method. This is another proof of the reliability of PayTM. This is one of the best options one can choose to deposit or withdraw funds from their casino account. The list of the most popular banks include:
- State Bank of India;
- HDFC Bank;
- ICICI Bank;
- Axis Bank;
- Punjab National Bank.
How to sign up for a Paytm account?
Get the application from the official website and install it on your mobile device.
Create your account there by providing the payment system with your personal data.
Before you will be able to use this banking option, you need to complete the KYC procedure.