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PayTM is becoming one of the most popular payment methods in India, mostly because it is an Indian-based company, with over 10 years of experience in managing online transactions of all kinds. The other reason why this payment method is gaining such a loyal following is more and more PayTM online casinos available in India.

Still not convinced? Then you’ll be happy to know how PayTM has a monthly active user base of over 200 million, which is rather impressive. Also, playing in a PayTM online casino is no longer a rarity, but a common practice among Indian punters looking for the best and safest ways to handle their money transfers.
In this article, we will introduce you to everything this payment has to offer, help you learn how to use it, deposit and withdraw with it, as well as openly speak about its advantages and disadvantages.

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How to Use PayTM in Online Casinos?

This popular payment method can be used not only in PayTM online casinos, but to do grocery shopping, buy clothes, cable tv, and finance any other activity you have in mind. Alternatively, you can also use their nifty tool to search for different websites that accept PayTM, such as PayTM deposit casinos. But, how to get your hands on this amazing payment method?

How to Sign Up with PayTM?

To play in online casino PayTM, you will have to sign up with the payment provider first. To do so, simply follow the steps as described below:

  1. On the PayTM website, simply click the SignUp button.
  2. Fill out the required fields in the registration form. Please make sure to use your real personal information, and not a fake identity.
  3. Click “Create your PayTM wallet”.
  4. Use a 6-digit code, sent to your phone to verify your account.
  5. Finish the registration by clicking the “Create your Paytm wallet”, once again.

The registration process is very simple and intuitive. In the end, you will also have to verify your identity by entering the Aadhar number. In case you don’t have it, simply provide the required documents, and you are good to go and play in online casinos accepting Paytm. Keep in mind that this payment provider offers full and mini KYC verification. Mini KYC carries some restrictions regarding transaction limits, payment amounts, etc., so we strongly advise you to opt for full KYC verification instead.

How to Deposit with PayTM?

To deposit on PayTM casino sites, you will need some money in your e-wallet. You can add money simply by using your credit card, debit card, net banking, or UPI. This can be done via their app or their desktop platform, and the great news is that as long as you have verified your identity, you can easily deposit as much as you like, just make sure your wallet balance does not exceed Rs.1,00,000 at any point in time.

Now, when depositing on a PayTM gambling site, the establishment will set some transaction limits, regardless of PayTM. To deposit money in online casinos that accept PayTM, all you have to do is register with the establishment, click the Deposit button and simply choose the PayTM as your preferred payment provider.

How to Withdraw Money with PayTM?

To withdraw money, simply do as instructed on your favourite PayTM casino website. The casino will set you a minimum withdrawal, but when it comes to PayTM, only the sky is the limit. Once the money is in your PayTM wallet, you can simply transfer it to your bank account. If you want to keep your money in cash, simply ask for a PayTM debit card you can use on any ATM in India.

What is the PayTM Minimum deposit?

Please remember how the minimum deposit required in your casino is not set by the payment method, but by the company providing you with gambling services. Most Indian online casinos have the minimum requirement of €10 or €20 (or equivalent in the currency of your choice).

There is no minimum deposit requirement for PayTM eWallet, and you can deposit as little or as much as you like.

Additional Fee and Withdrawal Time

PayTM will, in certain cases, charge you with a small operating fee. All transactions higher than INR 10,000 per month are charged with a fee of 2% + GST, and bank transfers are charged an additional 5%. Online Casinos that take PayTM may also charge you a small handling fee, but that will depend on the casino house. While some casinos charge high fees for all banking methods, others only require a small fee for bank transfers.

Pros and Cons

Just like every other payment method, PayTM is not created to suit everyone. Even though it definitely is a crowd-pleaser, many players still have their doubts regarding this payment method. To keep you informed, we created a list of pros and cons.

Advantages

Disadvantages

PayTM in India

As previously mentioned, this payment method has been developed by Indians for Indians. It was established in 2010, as an e-commerce payment system and financial technology company, based in Noida, Uttar Pradesh, India. This payment method is considered to be India’s most valuable start-up company. In December 2019 alone this popular payment provider managed over 40 million transactions all across the Indian subcontinent. They also have one of the largest databases of active users, over 200 million, and that number keeps on growing.

But, what’s the catch with PayTM and casinos? Online casinos are no longer considered a novelty but aren’t exactly as common as we hope they will be in a few years. Still, the number of casinos with this payment provider is constantly growing, as more and more Indian punters discover the use of online gambling. Nowadays, there are more than a few reputable gambling establishments that accept PayTM, and players can easily make deposits via this popular method. Some of the most popular casinos with the best bonuses will be listed down below, so make sure you keep on reading.

Paytm Alternatives

If you still don’t want to use PayTM as a payment method in your favorite casino, here are some alternatives that are equally good!

  • Neteller – Neteller casino online payment method is one of the oldest e-wallets on the market, this payment provider is available in the majority of big online casinos. In addition to that, it is incredibly safe and reliable, as well as widely available to all Indians with an internet connection. You can also order a special debit card to use it on any ATM you have nearby.
  • Skrill – for many punters, this is one and only e-wallet they will ever need as it combines fast transactions, instant deposits, reasonable fees, and top-notch user interface for both desktop and mobile devices. It offers a debit card, and usually charges a small fee for ATM withdrawals. Online casinos that accept Skrill are very popular nowadays.
  • PayPal – “the” e-wallet and online payment system that paved the way to all of its competitors. If there is one online payment provider that can be considered reliable and safe, it’s PayPal. Thanks to their reasonable exchange rates and handling fees, they are one of the top choices for gamblers in India who want to play online casino with PayPal.

Top PayTM Online Casinos

Punters who have already made up their mind, and want to use PayTM as their payment method, will surely want to play in a safe and reliable casino. Here are some of the top Indian casinos that support PayTM:

FAQ

How do I deposit in a casino with PayTM?
To make a deposit with PayTM, all you have to do is simply register with a casino that supports the payment method, click the Deposit button, type the amount (no smaller than required minimum), and submit it. In most cases, the deposit will be added to your casino balance within moments.
Is PayTM safe to use?
PayTM is regulated and licensed under the provisions of the Banking Regulation Act, 1949. It is also an Indian-based company with 24/7 customer support that speaks your language. They implemented all security protocols and banking software to reassure safe and secure payments, so they can be considered safe and serious payment method.
What is the minimum deposit in PayTM casinos?
PayTM has no minimum deposit for their wallet service, but casinos that support this method will always have a minimum deposit. In most cases, this deposit is somewhere between €10 and €20, or equivalent in the currency of your choice. Of course, some casinos might have higher or lower requirements, depending on their policies.
Can I use PayTM for both depositing and withdrawing?
PayTM is a transaction method that supports two-way transactions which means it can be used for both depositing and withdrawing. Once the money gets to your eWallet, you can spend it from there, or simply transfer to your bank account if you feel like it.