Best Paytm Online Casinos India 2024
Page Contents
Paytm is India’s most popular e-Wallet and a top payment method overall in the country. Started in 2010 by Vijay Shekhar Sharma, this is a typical digital wallet that works like PayPal, Skrill or Neteller in many key aspects. That means users can top up their wallets using various sources including bank accounts, or linking their credit cards with it. Players can then use the funds in their wallets to deposit to the best Paytm casinos in India.
The biggest advantage of using Paytm is the privacy it affords players since they don’t need to disclose their bank account details to a receiving party. Apart from exploring how this payment method works, this guide will also provide a list of the top Paytm casinos in India. Read on as we dissect every aspect of Paytm.
Best Paytm Online Casinos OCTOBER 2024
Casino Welcome Offer Rating Bonus Visit 1 Valor Review Get up to ₹292,500 on the first four deposits! ₹292,500 Play now! 2 22 Bet Review Get ₹25,000 on the first deposit! ₹25,000 Play now! 3 PinUp Review Up to ₹25,000 on the initial deposit! ₹25,000 Play now! 4 1xbet Review Redeem up to ₹130,000 on four deposits! ₹130,000 Play now! 5 BC Game Review Up to ₹18,130,000 bonus on four initial deposits! ₹18,130,000 Play now! 6 Betwinner Review Redeem up to ₹127,000 on the initial four deposits! ₹127,000 Play now! 7 1win Review Get up to ₹98,000 on your first deposit! ₹98,000 Play now! 8 Zodiacbet Review Get up to ₹82,000 on four deposits! ₹82,000 Play now! 9 Tonybet Review Claim up to ₹19,000 on two initial deposits! ₹19,000 Play now! 10 Casino Days Review ₹100,000 total welcome bonus package ₹100,000 Play now! 11 Jackpot City Review Claim up to ₹120,000 on your first four deposits! ₹120,000 Play now! 12 Spin Casino Review Up to ₹100,000 on your first 3 deposits ₹100,000 Play now! 13 Lucky Days Review Get ₹60,000 on first 3 deposits! ₹60,000 Play now! 14 National Casino Review Up to $300 on first 2 deposits $300 Play now! 15 Punt casino Review Up to 3 BTC welcome bonus! 3 BTC Play now! 16 Sportaza Review Claim up to ₹40,000 on your first deposit! ₹40,000 Play now! 17 Slottica Review Claim up to 200% bonus on your first deposit! 200% Play now! 18 Bitkingz Review Get up to ₹255,000 on your first three deposits! ₹255,000 Play now! 19 Jeetcity Review Redeem up to ₹220,000 on your three deposits! ₹220,000 Play now! 20 Megapari Review Claim up to ₹126,000 on four initial deposits! ₹126,000 Play now!
General information about Paytm
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.
Paytm quick facts
✅ Name | Paytm E-commerce Private Limited |
⚡ Type | e-Wallet |
⚖️ Incorporated | India |
👨💻 Website | paytm.com |
📅 Founded | 2010 |
🤵 Support | 0120-4456-456 |
💳 Deposit | Yes |
⚡Deposit time | Instant |
💰 Withdrawal | Yes |
⭐ Withdrawal time | up to 1 hour |
Factors to consider looking for Paytm casino sites
Before explaining how Paytm works, it’s important to explore what to look for when searching for the best Paytm online casinos:
Licence
It’s important to ensure that your preferred online casino has a valid licence from a reputable authority. This solidifies legitimacy and credibility. To check for a licence, scroll down to the casino website’s footer to find the regulator’s logo.
Game selection
You want your Paytm online casino to offer a diverse array of games for the best gaming experience. That includes slots, live casino releases, table games, and instant win titles.
Customer support
If you encounter a problem, your preferred iGaming site should have a customer support service that’s available around the clock. Furthermore, there should be several ways to reach customer support. They include a live chat service, contact number, email address, a dedicated FAQ page, and social media.
Downloading and installing Paytm
Players can download the Paytm mobile app from the respective app stores. These are the steps to follow for Android and iOS users:
Open Google Play Store or Apple App Store
Search for the “Paytm” app on the search box. Click on install to start the download and installation process.
Once installed, click on the “Open” button to launch the app
Enter your mobile number and then click on the “Proceed Securely” button. Allow Paytm to verify data and click on the “Link My Bank” or “I Will link Bank Account later”.
Activate Paytm Security Shield
You can skip this step and start using the app immediately.
After installing the app, it’s time to set it up for payments on top Paytm casinos:
Open the app
Enter your mobile number and click on “Proceed Securely”.
Give Paytm permission to access your texts and calls on your Android device
For iOS users, you must verify your mobile number. The app will send you an OTP as a text message. So, ensure you provide your correct phone number. The app will automatically verify your phone number and redirect you to the app’s homepage.
You can choose to Activate Paytm Security Shield or skip this step
Your account is ready, and you can start sending/receiving funds on your Paytm app.
Paytm Wallet and bank account payments
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.
Withdrawing funds from Paytm casinos
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.
Paytm transaction fees and limits
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.
Customer support
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.
Paytm bonuses in online casinos
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.
Confidentiality and privacy
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.
Paytm pros and cons in online casino payments
Positives: |
---|
Instant transfers |
Intuitive user interface |
No fees included |
Widespread in India |
Negatives: |
---|
You may have to incur transactional fees when transferring funds from your bank account to Paytm |
Sometimes some transactions may take longer than expected |
KYC verification process required before withdrawing from Paytm |
Paytm alternatives for casino players from South Africa
Conclusion
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.