India’s largest online payment gateway and wallet, Paytm, has been around since 2010. It provides a variety of solutions to meet the daily online money transaction needs of its users.
Due to the number of people using it, and its impeccable security and safety, it has become one of the most popular ways of transferring money in India. Its users can make their transactions secure and without any worries.
One of India’s most popular e-commerce platforms Paytm accepts all types of payment methods. People can pay for everything from mobile bills to event bookings.
The rise of online betting in India has largely been attributed to the rapid growth of Paytm India. Its wide acceptance has allowed more sites to offer it as a payment option.
Top Betting Sites with Paytm
This payment method can be used to make purchases on the go, as long as the user has linked their bank accounts to the wallet. There are no fees or charges linked to making a deposit or withdrawal at sports betting sites like Betway.
Imagine that you are in an airport and need to pay for something else, then using the payment method of Paytm makes it so much easier to do so. Just imagine how much you would pay for something that you would normally deposit here.
Some of the best online betting sites that accept Paytm have a wide variety of sports and take Indian Rupees.
With the rise of sports betting in India, many operators added more payment options such as Paytm to their offerings. This has led to the immense popularity of the company’s platform.
Many betting operators have started offering their customers the ability to deposit money using Paytm. This is because they believe that using a service that is familiar to them and safe is better.
How to Use Paytm on a Betting Site in India
Although many online gambling companies in India now accept Paytm, it is still recommended to check the offers of the sites that you’re interested in signing up for. To start, just register through its official website.
After creating a new account, users will be prompted to create a Paytm wallet. This process will allow them to make a deposit to their chosen online gambling site.
Create a Paytm Account
To create a Paytm account, you will need to download the app from the Google Play Store. After downloading the app, open the app and tap on the Profile button to create a new account. You will be prompted to enter your email and mobile number. To create a new account, enter the mobile number that you entered and the date of birth. You will then be prompted to enter your full name and email address.
To deposit money into a Paytm account, first, you need to open a deposit account. To open a betting account, you should download the Paytm app from the following link. After creating an account, select the “sign up” option. If you have no access to a computer, try launching the app from any browser. After creating an account, enter the details that match the mobile number that you used to register.
Depositing With Paytm
With no fees charged, Indians who are looking to play online gambling will be able to do so through Paytm. This payment method is very fast and simple.
After choosing the amount of money they plan to add, they just need to head to the cashier and ask for the amount they want to deposit.
Withdrawing with Paytm
Being able to withdraw money from online casinos and sports betting sites without having to verify is a great advantage for users.
When this process is used, the user will need to provide proof of ID, such as a passport or a utility bill. They will also need to pay a fee if they want to withdraw using Paytm.
Most people in India are familiar with Paytm wallet. Its very popular and widely used in India. But, if you are not familiar with it, then, you should know that Paytm is not a wallet that works seamlessly across all platforms.
In the gambling industry, there are various types of websites that accept Paytm deposits. This article will walk you through the steps on how to deposit using Paytm.
Paytm Betting Apps
There are many apps that allow users to use Paytm, but not all of them are good enough. To avoid getting stuck with a dud, always look for a mobile betting app that has a good rating in the App Store and is licensed.
Some of the advantages of using these apps are very few and far between. These are the main disadvantages that you should consider while playing on these apps.
Mobile betting is not the best option if you’re worried about the speed of their downloads and the possibility of gambling addiction.
Benefits Of Using Paytm For Betting
It’s very easy to deposit money to a betting account through Paytm. Just make a deposit and enjoy instant payouts.
No deposit fees are charged on most of the online gambling sites. However, some of them charge some fees.
Since you are not sharing your banking details with the online gambling company, it is extremely safe to use.
Some of the leading online gambling companies like BetWinner and 22bet allow their users to withdraw their funds through their Paytm accounts.
Paytm Betting Sites FAQs
How can I sign up for Paytm?
To sign up for Paytm, users just need to create an account and provide a code sent to their mobile device. Once verified, they will be able to play their favorite games and place bets.
Is betting with Paytm legal?
Although sports betting is not legal in India, there are still markets that allow it. With the help of the Reserve Bank of India, users can safely place their bets online.
How to activate Paytm wallet?
To activate your account, go to the official website of Paytm and click on the “Koke” button. After entering all of the details, you will be prompted to enter your personal information and the unique ID of your government document.
Is Paytm secure?
All transactions are encrypted through SSL. This makes them virtually impossible to leak.