Paytm Betting Sites in India

 Paytm is a popular banking method among the Indian online betting enthusiasts. Using Paytm to bet online is as flawless as it should be. After all, it is exciting to India’s first e-wallet being used in the betting industry. Finding sportsbooks that accept this payment method is not easy, especially if you do it on your own.

As such, a team of Bettingsites24 India experts has come up with a list of the best Paytm betting sites in India. They have scrutinized and approved these sites to be safe and secure for Indian online players. Read on to understand how to sign up for Paytm and the steps of making payments on your favorite betting platform.

Best Indian Paytm Betting Sites in 2022

How to Sign Up for Paytm

If you do not have a Paytm account, you can create one in a few minutes. The process is straightforward. Here are a few steps to get you started.

• Download the Paytm app on your app store
• Enter your mobile number, email, and preferred password
• Hit the ‘create Paytm wallet’ button
• A One-Time-Password (OTP) will be sent to your phone. Enter it to the required section
• Provide your name and birth date
• Hit the ‘Create account’ button to complete the process

Paytm Account Verification

At some point, you will need to verify your account. The verification process is hassle-free. You need to go to your Paytm account and hit the ‘complete my KYC’ button.

A list of all KYC centers close to you will be sent. You need to visit one that is convenient to you with your Voter ID card, Aadhar card, or PAN card. Your bookmaker may also ask you for documents for verification, although this is rare since all Paytm customers are verified.

Making Deposits with Paytm- A Step-by-Step Guide

Once you have chosen your favorite Paytm sportsbook, the next step is funding your account. Bettingsites24 India has come up with a simple systematic guide on how to go about it.

• Step 1: Go to the cashier section on your Paytm betting site and hit the “deposit” button.
• Step 2:  Enter the amount you wish to deposit.
• Step 3: Select Netbanking as your payment method.
• Step 4: Copy your Paytm UPI (VPA) and insert it into the payment portal.
• Step 5: Accept Paytm request.
• Step 6: You will receive a Paytm transaction confirmation
• Step 7: Wait as the UPI receives the payment.
• Step: You will receive a notification of a successful deposit

Betting Online with Paytm

There are multiple betting sites in India, but only a few accept payments via Paytm. Finding one is not easy, especially if you decide to it on your own. We make your work easy by listing the best ones. We want to ensure that you enjoy your online betting experience.

As such, we list reliable bookies that offer numerous betting markets on popular sports like football, basketball, tennis, and more. In addition, we ensure that each bookmaker has enticing for its new and existing players. That said, there are things that you need to keep in mind when depositing and withdrawing with Paytm.

Things to Consider When Depositing with Paytm

It is worth noting that most Paytm betting sites require you to use the same method for deposits and withdrawals. Here are a few things to consider when making deposits with Paytm.

Are there deposits fees involved when using Paytm?

Paytm deposits are free of charge. It is also rare for sportsbooks to charge for Paytm deposits. You will have a 100% of your deposit amount to play with.

Is there any account verification needed when depositing with Paytm?

Most online betting sites will not ask you to verify your account when making deposits. You can make a deposit immediately after you create an account.

Are Paytm deposits instant?

Yes. Paytm deposits are processed instantly. This means you can fund your account and start gaming immediately.

Can I deposit via Paytm on my mobile?

Absolutely! You can download the Paytm app on your mobile app store. In fact, the app works best on mobile since Paytm stands for (pay through mobile).

What are the Paytm deposit limits?

The Paytm deposit limits vary in different betting sites. In most sportsbooks, the minimum deposits range from ₹500 to ₹2000, while the maximum amount goes up to ₹1000000.

Do I need to convert any currency?

Paytm is an Indian banking method, so there is no currency conversion needed. If your favorite sportsbook does not support Rupees, you will have to convert to the currency with the set rates.

Things to Consider When Withdrawing with Paytm

The terms of withdrawing your winnings vary in different betting sites. In most cases, you must meet the wagering requirements subjected to your welcome bonus to withdraw. As mentioned earlier, most bookmakers will want you to use the same method for deposits and withdrawals. Here are essential things to consider when withdrawing.

Are there fees involved in withdrawing with Paytm?

Most betting sites do not charge any withdrawal fees, but some may impose a small fee. You can find out whether your preferred bookmaker charges in the terms and conditions section.

Is there verification of account needed to withdraw via Paytm?

Yes. Unlike deposits, you will have to verify your account to withdraw your winnings. This is a safety measure to avoid money laundering. Your bookmaker will ask for documents to prove your identity. Once their system approves you, you can proceed to make a withdrawal request.

What is the withdrawal processing time?

Paytm withdrawals are fast and convenient. It takes 24-48 hours for you to receive your winnings.

What are the Paytm withdrawal limits?

The withdrawal limits will vary in different betting sites. The minimum and the maximum amount is usually stated at the cashier section when you are withdrawing.

Paytm Privacy and Confidentiality

Paytm is a safe and reliable online banking method that we highly recommend to Indian players. The company operates under strict Indian IT laws and regulations. Besides, Paytm is India’s first e-wallet and is used by many people not only for gambling but also for the purchase of other goods and services. Paytm is also integrated with the RBI UPI-portal, which is enough proof that the method is safe and legitimate.

That said, it is crucial to ensure that you are playing in a secure and well-known betting site to avoid losing your money. All the casino in our list are secure and guarantee Indian bettors of maximum safety of their money. They utilize the SSL encryption protocol to ensure the safe transfer of financial data over the internet to their server.

Paytm Company Information

Paytm is among India’s largest mobile payment methods and has over 7 million merchants. The company was established at the beginning of the year 2010 and has since made significant progress. It has over 100 million customers today in India alone. When a company has been in the market for over a decade, it means it reliable and meets the customers’ expectations.

Paytm was founded by Vijay Shekhar Sharma and is headquartered in Noida in Uttar Pradesh. This brand has also become popular in other countries across the world, including Canada. It is used in many ways besides online gambling, such as payment of utility bills and purchase of goods and services.

Utilizing this method is not only fast but also has other perks like discounted purchases. A combination of your gambling winnings and discounts is a plug for Paytm users. Register in one of our best sportsbooks today and enjoy the convenience of banking with Paytm.

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