Best Paytm Online Casinos India 2024

Paytm is one of the largest payment gateway services offering a diverse array of features to its Indian customers. The payment solution allows users to perform hassle-free and quick mobile payments for goods and services. This is through the use of bank accounts, credit cards, etc. 

The private business started operations in 2010, with its headquarters in Uttar Pradesh, Noida, India. Apart from offering its services in India, the company is also available in Canada. The company offers several products such as Paytm Mall, Paytm Postpaid, and Paytm Payments Bank among others. Paytm was started by Vijay Shekhar Sharma as a digital payment platform to perform DTH and mobile recharges. But the company’s popularity grew, forcing it to offer more services such as flight and train booking, movie tickets, postpaid mobile bills, online casino gambling, and amusement parks just to mention a few. 

Payment systems, online shopping, and digital wallets are part of the services offered by Paytm. Users only need to scan a QR code at their preferred merchant outlet (e.g. an online casino) to pay using the Paytm app.

Online casino players in India can use two ways to fund their casino accounts when using Paytm. Earlier, we detailed Paytm as an e-Wallet that works like PayPal. That means you can link multiple bank accounts to one e-Wallet account. In this instance, Paytm acts as an intermediary/bridge between the casino and the bank. To link your bank account, you need to visit the Passbook section and enter the details of your bank/card account. 

Next, log into your online casino account or create one if you don’t have an account yet. Navigate to the cashier section under the main menu and click on deposit. Chances are you will not see Paytm as an option from the list of deposit methods presented by the online casino. Instead, choose NetBanking from this list. This is a portal used by Paytm. Enter the amount you wish to deposit. 

You’ll be redirected to your bank where you need to provide your UPI ID or Paytm VPA (Virtual Payment Address). Paytm will then ask you to confirm the UPI request from your bank. The bank and Paytm will then confirm your request and the casino will also acknowledge the same payment. This usually takes a few seconds. Once the transaction is complete, you can head to the lobby and choose your preferred casino games to start playing. 

Another way to fund your casino account is using Paytm as an e-Wallet. To do this, you must first fund your account from other sources such as a bank account hence the need to link both. 

Once you have sufficient funds, head to the cashier section under the main menu and click on deposits. Choose Paytm as your preferred deposit method. Enter the deposit amount and a pop-up will appear redirecting you to your Paytm account. You’ll only need to authorise the payment by entering the OTP sent as a text message to your phone number. Afterwards, the funds will be available in your casino balance. 

Paytm is a two-way payment solution, which means you can enjoy withdrawal and deposit services. As for withdrawals, players can use Paytm and all they need to do is navigate to the cashier section. 

Choose Paytm from the list of withdrawal methods after clicking on “Withdraw”. Enter the specific amount you wish to cash out from the online casino. This amount must be within the maximum and minimum limits set by both Paytm and the online casino. Confirm the correctness of these details and authorise the transaction. Note that withdrawals could take up to two working days. 

Another aspect to keep in mind is to verify your account to avoid suffering various restrictions imposed by the payment method. Apart from the OTP discussed earlier, you can use other documents such as a driving licence or a national ID card to verify your identity. A bank statement or a utility bill is sufficient to prove your address. Note that the KYC verification procedure usually takes 24 hours. 

Unlike many other wallets, Paytm doesn’t charge any fees for any transaction at your preferred online casino. However, your transactions may be subjected to other costs when transferring funds to your bank account or topping up your wallet using your bank account. The fee is often nominal, with a structure that changes from time to time. But it often oscillates between 3% and 5% the value of the transaction. 

As for the transaction limits, this is what players will have to adhere to when using the UPI bank transfer: 

• Daily Money Transfer Limit:    ₹100,000
• Hourly Money Transfer Limit    : ₹20,000
• No. of transactions per hour: 5
• No. of transactions per day: 20

Other than the transaction limits set by the payment method, players must also adhere to the limits set by the online casino. You can find these limits in the terms and conditions page or somewhere else on your preferred iGaming site. 

There’s nothing negative to report when it comes to Paytm’s customer support. Players have a dedicated FAQ section on the Paytm site that offers informative solutions to common questions asked by users. This FAQ section covers just about any topic. Over 30 questions and answers provide players with solutions to common issues. 

Alternatively, there are Paytm agents available via live chat should you find it difficult to use the FAQ section to help yourself. 

Since Paytm is a popular Indian payment method among online casino gamblers, there’s a big chance you could come across several bonuses offered to players who opt to use Paytm as a preferred deposit option. 

With that in mind, players can expect to find bonuses such as welcome offers that may include free spins and/or cash. Ongoing promotions such as reload bonuses and cashback are also available. Also included in the list of bonuses are loyalty rewards. 

Indian gamblers are always keen to find an online casino site that offers security and privacy. But safety is also a major concern when searching for a favourable online payment solution. Paytm guarantees privacy, confidentiality, and security of players’ data. 

The company uses top-end and stringent measures to prevent unauthorised third-party access. One of the ways it does this is through the use of the latest SSL encryption technology. On top of that, the wallet employs 2FA (two-factor authentication) to verify all transactions. Your transaction to an online casino in India with Paytm will only go through after entering the unique OTP (one-time password) sent to your registered mobile number. 

There’s no arguing that Paytm is a top payment solution. Not only does it offer fee-free instant transfers but it also offers additional privacy for online gamblers. Online casinos are in a fast-paced industry and Paytm is also structured to offer such instant services. This makes it ideal for players to deposit and withdraw funds from the best Paytm casinos in India. Thanks to this in-depth guide, you now know the origin of this payment method and how it works when playing on your preferred iGaming site. You also know what to expect when it comes to bonuses for players who prefer using this payment method. There’s also a list of online casinos that accept Paytm you can choose from.