22bet has a good choice of live betting markets, specifically for cricket betting. They focus on games with the Indian team and major events like the IPL and ODI & T20 World Cups. The new customer bonus of ₹7,500 is the second largest on our list and can be easily claimed by following the simple terms and conditions. After the action by Google, Paytm had said that its recently introduced 'Paytm Cricket League' was found to be violating Play Store's gambling policies, Livemint reported.
Paytm, an e-wallet service that took the Indian market by storm started in 2010, it emerged as one of the most trusted brands for payment solution. Here, we will explain to you about the usage of it in the gambling world. We want you to be able to enjoy playing, not having to look for casinos, or figure out how to pay. Here, you have the top betting sites 22bet app download. that let you gamble with Paytm.
Why use Paytm?
They provide great cricket betting options and a fantastic LIVE betting platform. Also, Betway makes it super-easy for Indian players to deposit using UPI, NetBanking, Paytm, PhonePe and other convenient methods. Paytm removed from Google Play Store for running cricket betting business ahead of IPL. For violation of its policy on sport betting activities. Paytm will not be available for download now. Paytm - India's Most Popular Platform for Money Transfer, BHIM UPI Payments, Recharges and other online payments. Paytm - India’s largest mobile e-commerce website is an ultimate destination for.
If you are looking for an e-wallet service that doesn’t charge fees on deposit, then Paytm is your option. With instant deposit and withdrawal as an option, Paytm has made its way in the gambling sphere, after all, it’s the most trusted e-wallet service provider in India. Another benefit is that it’s very secure – as much as any international e-wallet – because they are regulated by the Reserve Bank of India. This means that your money is always in safe hands when you deposit with Paytm.
How Paytm Works on Gambling Site?
For using the service of Paytm, you need to create an account. Don’t worry, we are explaining you the steps to create your account –
- Download the app.
- Provide the information- email address, mobile number, and password as instructed.
- Press ‘create your Paytm wallet’.
- You’ll receive a One-Time-Password to the phone number you entered. Enter this into the account creation process.
- Enter your name and date of birth.
- Click ‘Create Account.’
- You are now ready to use your account at online casinos that accept Paytm deposits!
Verifying your Paytm Account
This is a payment method that requires all users to be verified. To verify your account, go to your Paytm profile and click on ‘complete my KYC.’
You’ll receive a list of KYC-centres close to you. Visit the one most convenient for you. Bring your Aadhar card, Voter ID card, or PAN card to verify the account.
Note that the casino might also ask for verification documentation. However, since all Paytm users are already verified, this is rare. Especially when using the method for both deposits and withdrawals.
Paytm Deposit Methods for Betting Sites
Most casinos let players deposit for free. There are no fees from Paytm for making a deposit, either. Depositing money on your Paytm wallet is both fast and easy, and can be done in many different ways. You’ll see the deposited amount show up in your casino balance as soon as payment is complete. Also by the official app, you can connect to your UPI for even easier transactions.
You can deposit money to your Paytm wallet using the following methods:
- Credit Card
- Debit Card
- Net Banking
- BHIM UPI
To transfer money to your wallet, you can also link your bank account: You can link any bank account to it using UPI. It’s easy!
Depositing money on your wallet using any of the above-mentioned methods is very easy and straightforward. After you make your deposit, the money will be instantly available in your Paytm wallet.
Paytm Deposit Processing Fees
Paytm Cricket Betting Game
One of the great things about Paytm is that it’s so cheap to use. This makes it cost-effective when you’re depositing money at an online casino with Paytm. The only time you will pay a fee, is when you’re withdrawing money from Paytm to your bank account.
Now that you have some money in your Paytm wallet, you’re ready to deposit some of that money at your online casino of choice!
Paytm Withdrawal Methods
Withdrawal fees at Paytm casino sites differ depending on the casino. Some will not charge anything, while others will. Make sure to check the T&Cs of the site to be sure. Also, all casinos have a minimum withdrawal amount. It’s usually stated in the cashier when you’re making your withdrawal. Either you can use funds from the wallet to pay in gambling sites, buy anything from Paytm Mall, or you can transfer funds from your e-wallet to bank account. We are here providing you the steps for the same –
- Open the Paytm app & Tap on ‘Passbook’
- Select ‘Paytm Wallet’
- Select ‘Send Money To Bank’
- Tap ‘Transfer’
- Enter the amount & bank details
- Confirm the transfer
Paytm Withdrawal Processing Fees
Withdrawal from Paytm is quite fast, it usually takes a few minutes for the transaction to take place. Most of the time the withdrawal is free (if you are using e-wallet), but transferring funds from your wallet to bank takes 5% of your transaction fund. You will be made aware of each charge and fee on the summary page before making any payments.
Using the Paytm wallet is free in most of the cases, but transferring the funds from e-wallet to bank may incur some charges. Mostly it’s 5%, but you will be made aware of each charge and fees in the summary page before making any payments.
Betting Sites That Accept Paytm
One of the major drawbacks of Paytm is that only a few betting websites accept payments from it-
- Melbet Casino
- 1xBet Casino
Paytm Online Casino — Rummy
Paytm has its gaming site — Paytm first games, where you can try your luck, choose from the wide array of games and earn cash while playing them. The games range from Ludo to Rummy, which is fairly popular. Therefore, it’s worth a try using it!
Paytm Mobile App
Paytm Mobile app is available both for iOS and Android users. You can do everything on the mobile which you may do on the website. After downloading the app –
- Click on login
- Add email/phone number and password
- You’ll receive OTP on your registered mobile number, enter that.
Thus you’ve logged in your account
Paytm was started in 2010 and is regulated by the guidelines of RBI which is the governing authority in India of over monetary issues. Paytm works under strict IT laws and regulations in India, which ensures the security of your details. Although the online casinos you play at won’t operate under the same rules, European GDPR-laws are as good, if not better. Therefore, it’s not any shady firm- a legit payment service provider. You should be least worried about anything related to the security of your accounts and funds as it is an authentic service provider following the local guidelines. It is connected to everything, from paying bills to renting vehicles, booking travel and event tickets, and more. It also allows for fast and secure transfers between Paytm users, and using the service comes with a lot of benefits.
Paytm allows for discounted purchases of high-quality products. Obviously, the combination of your casino winnings and discounts is a perfect match. You can even do your grocery shopping through the Paytm website!
Paytm has a dedicated customer support service and helpline number where you can raise a ticket and get your queries solved 24×7 through IVR or email. The customer support is available in English and Hindi. You can raise your concern by app and website too, and their associate will reach you as soon as possible. Therefore, due to its customer-centered approach, you should be the least worried about the problems you might face.
Frequently Asked Questions (FAQ)
1. Is deposit to the wallet free?
— Yes, it is free!
2. Can I create my Paytm account using the website?
— No, you’ll be needing the official mobile app to create an account.
Paytm Cricket Betting Odds
3. Why do I receive OTP every time I try to log in to my account?
— OTP is a security feature that enables its customer to protect any unwanted attack or scam.
There is a new digital ATM platform in town to support all of your betting desires. PayTM was founded in August 2010 by Vijay Shekhar Sharma in Noida, a region adjacent to India’s capital New Delhi. Vijay’s vision for PayTM really skyrocketed after a ban on high-value currency notes in India in late 2016 which led to a cash crunch and spurred the need for digital payments. It started off as a prepaid recharge platform but has evolved significantly into a safe and secure mobile and landline payment method perfect for sports betting!
Today PayTM benefits from 95 million monthly active users, and is growing by ~5% month-on-month. It expects to grow to 500 million users by 2022. PayTM is now India’s largest leading payment gateway with over 7 million merchants using PayTM as an acceptable payment method using their leading QR technology. PayTM has also launched their Paytm Payments Bank, which is a community support project that their team of engineering experts have been working on to close the gap on banking and financial services and security for half-a-billion un-served and under-served Indians.
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How does Paytm Work?
PayTM is a digital payments method that allows you to make online (and offline if required) transactions like processing your winning bets into the integrated wallet via online banking, debit cards, and credit cards, or depositing cash via select banks. This payment platform is super versatile allowing Indians to use the digital PayTM money wallet anywhere to pay for anything. PayTM allows you to pay for everything from household goods, takeout food, ecommerce purchases, mobile phone bills and most importantly PayTM allows Indians to put money into their sports betting account to bet on their favourite teams in the latest and greatest major sporting events!
The idea is that it should seamlessly integrate into your preferred sports betting platform if they support the PayTM payment platform. The Unified Payment Interface (UPI), a state-backed open platform, allows people to send money to each other and directly into bank accounts by linking mobile numbers.
How do you add money to your PayTM wallet?
Credit Cards, Debit Cards, Net Banking and UPI (Unified Payments Interface) all allow you to add money to your PayTM wallet. It’s quite simple to add money to your PayTM account, you just enter the amount of money that you want to add to your Paytm wallet. Once you’ve done that the app will be redirected to a secure webpage to fill in your payment information. After you provide all the necessary information, money is added to your wallet almost immediately.
Thankfully PayTM does not charge any extra fees to transfer money to your Paytm wallet. For speed of service transactions all card information is normally automatically saved into your account and only requires the CVV number to reactivate the account and process payment transactions again.
What Sports can Indian Players Bet on Using PayTM?
The short answer is all of them! Once you’ve set up your PayTM account it’s time to let the games begin! From IPL betting and other cricket to football, Esports, Kabaddi to motorsports and winter sports. PayTM is one of the biggest and best payment solutions in India. Rest assured that you can use it on all of the best online casinos and betting sportsbooks.
Paytm Online Cricket Betting
PayTM – Pros and Cons
Now that you have the right payment platform and know where to place your bets we’ll wrap up with the Pros and Cons of PayTM. The best feature of this app is its ability to link your Paytm account to your betting account fairly easily and seamlessly. You can use Indian currency to place your bets so there is no extra cost for conversion, Deposits are instantly reflected in your betting account and players can place bets straight from your device as the whole process is mobile friendly.
Let the games begin and the bets roll in
Although there is really not much to complain about with regards to using PayTM the platform does not currently support offline transactions for all sports betting platforms which means that without an internet connection, you will not be able to process your wins or deposits. With new technology comes new technical difficulties, using any new app or program requires some adaptability but thankfully this one is quite user friendly. Lastly, customers should be aware that PayTM wallet to bank account transfers are chargeable at a 5% convenience fee.