PayTM logo
company One97 Communications Limited
map Noida, Uttar Pradesh, India
calendar 2010
check-circle 100,000,000+
wallet None
superb

CBM Rating

Superb

83.00%
reputation
83%
availability1
69%
wallet1
89%
lock
88%
headphones
86%
like
dislike
  • No global presence
  • Only support INR currency
superb

CBM Rating

Superb

83.00%

PayTM Review & Best PayTM Casinos

Last updated: 12 April 2021

Ask anyone in India and they will tell you that PayTM is a hassle-free affair. In this day and age, that is very precious, especially when it comes to online casino payment methods. Casino Banking Methods has explored the advantages and setbacks of PayTM, a platform that many refer to as India’s leading online payment service. Since a significant number of online casinos accept PayTM, our interest in this method, and yours, is fully justified. On this page, we give you everything we know about it. How to use the payment method, where to use it and where to claim the best PayTM online casino bonuses.

Top Casinos That Accept PayTM Deposits

We’ve tried to find Indian online casinos without PayTM deposits, and it was very hard! Nearly every internet casino accepting players from India is prepared to accept payments from PayTM on the behalf of these players. Aware of how delicate it may be to find the best online casinos, the CBM team rolled up its sleeves and did all the research. Take a look at our list of the top India-friendly online casinos with PayTM payments below.

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BetWinner

89.83%

18 + | New Customers Only |

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money-bag 100% up to €300
  • 6,500+ casino games
  • 200+ live dealer tables
  • 140+ payment methods

22Bet

89.67%

18 + | New Customers Only |

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money-bag 100% up to €300
  • Over 6,500 games
  • 300+ live dealer games
  • Stunning array of banking options

Nomini

88.50%

18 + | New Customers Only |

T&C Apply
money-bag 10% Cashback up to €200
  • Great selection of banking options
  • Two Cashback offers
  • 7 bonuses to choose from

Yako

88.00%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to £99
cherry 99 Free Spins
  • Trustworthy UK licenced casino
  • Positive player experiences
  • Quick and easy withdrawals

Casumo

87.83%

18 + | New Customers Only |

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money-bag 100% up to €300
cherry 20 Free Spins
  • Free deposits & withdrawals
  • Reel Races
  • Evolution & Playtech live dealers

Sportsbet.io

87.33%

18 + | New Customers Only |

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money-bag No Casino Bonus
  • Free crypto payments
  • High limits
  • Excellent promotional offers

Wazamba

87.17%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €500
cherry 200 Free Spins
  • High game variety
  • Many bonuses
  • Stable cashier

Genesis

86.67%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €100
cherry 300 Free Spins
  • Excellent reputation
  • Local payment options
  • PayPal payments for UK, SE, ES

Kassu

85.83%

18 + | New Customers Only |

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money-bag 100% up to €300
cherry 300 Free Spins
  • UK, Malta, Sweden licences
  • Impressive live casino
  • Wide array of banking methods

1xBet

82.83%

18 + | New Customers Only |

T&C Apply
money-bag 100% up to €300
cherry 30 Free Spins
  • Over 6,500 RNG games
  • More than 300 live dealers
  • 140+ payment methods

Company Background

Book icon

PayTM is not a small venture. It is a big enterprise that was established in 2010 and is now recognised as India’s leading financial services company. The brand was founded by Vijay Shekhar Sharma with an initial investment of $2 million, who also started One97 Communications back in 2000. One97 Communications primarily offered mobile content including news, cricket scores, ringtones and even jokes. Now it thrives as the parent company of PayTM and India’s leading mobile internet company. One97 also provides mobile advertising, marketing and payments for merchants.

PayTM is headquartered in Noida, Uttar Pradesh, where 5,000+ employees “make the magic happen”. It also maintains offices in Bengaluru, Mumbai, Canada and China. The main vision of the company is to use innovative technology to bring un-served and under-served Indians under the formal banking system, to make banking accessible and convenient across the country. Some of the PayTM investors include Softbank, Ant Financial, AGH Holdings, SAIF Partners, Berkshire Hathaway, T Rowe Price, Discovery Capital and Chinese e-commerce company Alibaba Group.

Target Markets

Target icon

The main target market for PayTM is the entire internet! Jokes aside, this company strives to conquer the online and mobile payment world and boost the Indian economy, but in a geographical sense, it is mostly used in its home country – India. PayTM became particularly popular in India after the demonetisation process, in which the country removed 500-rupee and 1,000-rupee notes from circulation. Immediate growths ensued – the company reported 1,000% growth in money added to the mobile wallet and a 300% rise in app downloads.

India-based PayTM became available in Canada thanks to PayTM Labs solving the technical problems of the original version of the app. The Canadian app doesn’t offer all the same services as its India-focused equivalent. At this point, it is focused solely as a bill payments app that offers reward points for making payments. For every dollar spent or paid through the PayTM app, the customer receives one rewards point. The points can be redeemed in a variety in different locations including Starbucks, Netflix and Tim Hortons.

In Japan, the project PayPay went live in 2018 as a joint venture between PayTM, tech conglomerate SoftBank and Yahoo Japan. PayPay is a QR-based smartphone payment settlement service offered to both merchants and customers. Both operations in Canada and Japan are growing, and there have been talks of a global expansion plan for PayTM. Sharma said in a recent interview that the success experienced in Japan, which is a complex market, shows that PayTM has a technology that can be expanded.

How to Set Up a PayTM Account: Step by Step Guide

You can create a PayTM account via the web platform or the mobile app. For the purposes of online gambling, it is probably more convenient to open an account on the mobile app, but we will give detailed instructions on how to do it for both.

  1. Visit the website and start the signup process

    Visit Paytm.com and click on the Log In/Sign Up button on the top-right corner of the front page. Make sure you select Sign Up. The registration form will appear and you will need to enter your mobile number, email address and a password. Click on Create your Paytm Wallet.

  2. Complete the registration form

    You will be prompted to enter the OTP, your first name and your last name before you finally submit the account application. The OTP is a one-time-password code that will be sent to you on your mobile number for verification.

  3. Log in to your PayTM account

    Immediately after verifying your mobile number and submitting the account request, your account will be created. You will use your account credentials to access your wallet and upload funds.

  4. Upload funds to PayTM

    Open your account and click on PayTM Wallet icon shown in the top right of the page. Click on Add Money. You can choose to add money via credit/debit card, Net Banking or UPI. You will be redirected to a secure payment page where you need to provide payment details. Complete the transaction and you will be redirected back to PayTM with funds readily available in your wallet balance.

  5. Setting up PayTM via mobile app

    Download the mobile PayTM app

    Depending on your device, go to the Apple App Store, Blackberry World Apps, Microsoft Software & Apps, Bemobi Mobile Store, or Google Play Store to download the PayTM dedicated mobile app for free. Launch your app after installation, select language and tap on the Profile icon at the top right corner. Tap on Create New Account.

    Fill in the form and receive OTP

    The signup process is painless and quick. All you need to do is type in your phone number and create a password that will serve as a key to your account. You will receive an OTP during the registration process which will be automatically read. Enter your first name, last names and DOB. Tap on Create Account. With this concluded, consider your new account created.

    Upload funds to your mobile wallet

    To add money to your PayTM balance, just tap on Add Money. Just like with the web version, you can choose to pay via debit card, credit card, Net Banking or UPI. You will be redirected to complete the transfer and then back to your app’s interface to see the funds uploaded.

Available Currencies

Indian rupee icon

INR

Casino Deposits and Withdrawals

Withdrawal icon

With an active, funded PayTM account, you can start gambling at a range of high-quality Indian online casinos. Select a recommendable casino and head over to the deposit page. It is possible that you will see Net Banking offered instead of PayTM due to the UPI framework. Choose Net Banking to get redirected to your online bank. Now, go to PayTM and locate your UPI ID. Copy the ID and in the next step, you will paste it to your online/mobile bank.

Alternatively, you may be offered UPI as a transaction provider, in which case you will select that and follow the same steps (go to PayTM and copy UPI ID to paste it on the bank website). Of course, you will need to enter the desired deposit amount beforehand. The bank will send a UPI request to PayTM. Accept it in the app when redirected. In a few moments, you will get a successful transaction confirmation at your casino’s cashier page.

To submit a withdrawal request, you need to reach the banking page in the same way while adding money to your casino account. Opt for withdrawal this time and follow the same steps to finalise a successful withdrawal. It is possible that a withdrawal takes longer than a deposit, as a result of the potential pending/verification process conducted by the casino of your choice.

Detailed Overview of Transaction Fees

Overview icon

There are some small fees attached to specific PayTM services. For example, as of January 2020, adding money to the wallet via credit card carries a 2% fee (inclusive of GST). Paying at merchant sites, on the other hand (for instance, depositing at an online casino), currently carries no charges.

PayTM online casino fees and rates are not something most online gamblers need to worry about. If there are any charges deducted from your balance, they are likely to be part of the casino’s policy, such as the policy of JeetWin Casino to carry out the first two daily withdrawals for free and then charge ₹250 for each subsequent cash-out.

Timeframes for PayTM Payments at Online Casinos

Time icon

The deposits that you make via PayTM will instantly reflect in your casino account. Whether you use the website app or the mobile app, PayTM will make sure that your money is credited right away. The mere deposit process is conceived in such a way that guides you to see the funds uploaded right where you wanted them.

Withdrawals can take somewhat longer to complete. The estimated time for online casino PayTM withdrawals may range from about 4 hours to 1 working day. If the withdrawal request is in the processing queue, that may slow down the operation.

Deposit and Withdrawal Limits

Limits icon

Online casinos have to put in a lot of effort to maintain their cashiers running like clockwork. For this to be possible, there need to be some limitations in place concerning deposit and withdrawal limits. Every casino has a set of maximum and minimum payments accepted, so it is something you need to check with the casino itself before you start playing for real money.

As far as your PayTM account is concerned you can add any amount as long as your wallet balance does not exceed ₹100,000 at any point in time (if you are a KYC customer). In the case that you have completed your basic KYC requirements using an officially valid document (OVD), you can transact and add up to ₹10,000 per month.

Best PayTM Casino Bonus

Playing at online casino sites for Indian players isn’t just satisfying in terms of gameplay and software. These websites will shower you with bonuses if you sign up from India! Yes, you can grab a handful of PayTM online casino bonuses and really maximize on your winning potential by playing at some of the best casinos on the web. You can claim top bonuses buy playing popular games like Andar Bahar or Teen Patti, so get ready to fill your wallet with rupees by claiming these leading bonus offers. 1xBet even has a special 10% Cashback for PayTM payments.

10% Cashback up to €200
Get Bonus
Nomini

Cashback

Not needed

1x

Ongoing

€50

No maximum

88%

100% up to €500 + 200 Free Spins
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Wazamba

Welcome Package

Not needed

35x

Ongoing

€20

No maximum

81%

100% up to €300 + 30 Free Spins
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1xBet

Deposit

Free Spins

Not needed

35x B

Ongoing

€10

No maximum

79%

100% up to £99 + 99 Free Spins
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Yako

Deposit

Free Spins

Not needed

40x B

Ongoing

£20

No maximum

73%

100% up to €300 + 300 Free Spins
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Kassu

Deposit

Free Spins

Not needed

40x B

Ongoing

€10

€100 for Free Spins

71%

100% up to €100 + 300 Free Spins
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Genesis

Deposit

Free Spins

Not needed

40x B

Ongoing

€10

€100 for Free Spins

71%

100% up to €300
Get Bonus
22Bet

Deposit

Not needed

50x B

Ongoing

€1

No maximum

68%

100% up to €300
Get Bonus
BetWinner

Deposit

Not needed

28x (D+B)

Ongoing

€1

No maximum

66%

Security

Banking security icon

Security is always on our mind as it is on yours – everyone is concerned about safety when it comes to anything digital. Luckily, PayTM is an RBI-approved wallet which has been tried, tested and deemed a powerful and secure payment solution. Being PCI-DSS compliant with 128-bit encryption, PayTM employs the latest anti-fraud technology to keep your funds safe at all times.

Verisign-certified 128-bit encryption technology is pretty much the industry standard at this point. When active, the secret key used in transactions is translated into a sequence of 128 bits and does not reveal anything about the password length or contents protected by it. Additionally, when a platform is PCI DSS 2.0 certified it means that it does not store credit card data in unencrypted form. Finally, remember that all transactions made will only be complete after you enter an OTP code sent to the registered mobile phone number. This is yet another security feature that has been successfully implemented by PayTM.

Customer Support

working-hours
Working Hours

Mon-Fri: 00:00-24:00

Weekend: 00:00-24:00

comments
Chat

No

For one, PayTM has a detailed FAQ section that you can explore to see all the services it provides and under what conditions. Secondly, they have a 24/7 call centre open for customer issues available at the 0120-4456-456 phone number. Currently, the helpline is available in both English and Hindi. While the number is available 24/7 for your convenience, it is indicated that agents tend to contact customers between 10 AM to 8 PM when their issues are resolved.

You can also contact company representatives via [email protected] email address and follow their activity on Facebook, Instagram and Twitter. The company is also willing to take complaints on [email protected] Make sure to mention your PayTM app version, OS version, device model details and provide the screenshot of the error (if there are any), so that the support agents can get right on it and then back to you with the problem solution.

Player Experiences

PayTM Android app has a 4.4 rating out of 5 on the Google Play Store, based on the reviews and rankings made by 7,815,730 users. The PayTM UPI Payments & Recharge mobile app for iOS devices on the App Store has a 4.7 rating out of 5 based on over 2.5 million users’ feedback.

On G2, a site where you can find authentic, timely reviews from real users, PayTM has 25 reviews so far and a positive score consisting mostly of 5 and 4 stars. The users mostly praise the versatility of the app and the fact that it has a user-friendly interface. On MouthShut, Paytm.com has a 3.16 out of 5 stars based on 99,852 votes. The fact that customers can use PayTM to make their everyday life easier, as well as for entertainment and shopping, seems to get through to the users.

Extra Features

There are quite a few products that have come out this company and they include PayTM Payments Bank, PayTM Mall, PayTM Money, PayTM Postpaid, etc. By January 2014, the company had launched its PayTM Wallet. Soon after, the Indian Railways and Uber added it as a payment option. In time, PayTM Wallet evolved into PayTM Payments Bank. In 2016, PayTM launched movies, events and amusement parks ticketing as well as flight ticket bookings and PayTM QR. In 2018, the brand partnered up with Alibaba Group-owned gaming company AGTech Holdings to launch Gamepind, a mobile gaming platform. Gamepind was rebranded as PayTM First Games in 2019.

From its early stages, PayTM offers its users the possibility to recharge mobile numbers with any amount at their convenience, at any time of day or night. PayTM Mall is the company’s e-commerce branch, a site dedicated to online shopping. Users looking to benefit from loyalty perks can look into PayTM First, the company’s premium loyalty program. Should you subscribe to the program, you can enjoy a wide range of exclusive benefits from leading partnered brands and collect cashback.

Mobile Capability

android ios

It is visible from a mile away that PayTM is one of those services built with mobile users in mind. It is estimated that 95% of mobile devices in India run on Android, therefore the service launched a mobile Android app pretty quickly. You can now download PayTM from the Apple App Store, Blackberry World Apps, Microsoft Software & Apps, Bemobi Mobile Store or the Google Play Store.

The mobile version of the PayTM solution has all the functionality of the website packed in a mobile-friendly format for your convenience and use on smaller screens. The iOS app occupies 350.7 MB and is available in English and Hindi. It requires iOS 11.0 or later (compatible with iPhone, iPad and iPod Touch).

On the Android platform, PayTM is available in Hindi, Tamil, Telugu, Gujarati, Marathi, Bengali, Kannada, Malayalam, Oriya and Punjabi, as well as English. It has over 350 million downloads and allows users to link banks for UPI payments (State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Citi Bank, Yes Bank, Bank of Baroda, Punjab National Bank, Bank of India, Canara Bank, Indusind Bank, Federal Bank, Union Bank of India, Karnataka Bank, and other BHIM UPI payments enabled banks). PayTM Android app occupies 56MB and requires Android 4.3 and up.

Interesting Facts

  • PayTM founder Vijay Shekhar Sharma, speaking at the Global Fintech Fest 2020, said the company was witnessing up to 3.5x growth in transactions on its platform amid the COVID-19 pandemic as users turned to digital options to make payments in a safe manner.
  • In 2016, PayPal accused PayTM of copying the colour scheme of its logo as well as the first syllable. In the report filed by PayPal, the company raised an objection against using the dual-blue colour scheme and the word 'pay' which makes PayTM sound very similar to PayPal. The case hasn’t been resolved yet.
  • In India, PayTM became a household need. From an Uber driver to a college student everyone is using this online payment processor and, as a result, the online application grew very much among the common man, processing well over 7 million transactions a day.
  • Paytm Gold is one of the many features and services offered by PayTM. It represents a simple, safe and transparent way to buy 24 karat 99.99% pure gold from MMTC-PAMP. The service allows users to buy gold starting at ₹1, as well as gift, redeem, sell gold or check their gold balance anytime and anywhere using the PayTM app. Should you decide to buy gold in this way, it will be kept safe in 100% insured lockers with MMTC-PAMP, at no extra charges.
  • Vijay Shekhar Sharma, PayTM founder, was ranked as India's youngest billionaire in 2017 by Forbes and listed on Time Magazine's list of 100 most influential people in 2017. He claims to have been inspired to pursue success by Alibaba's founder Jack Ma and Masayoshi Son of Softbank. And to think he was a small-town boy from Aligarh who bought second-hand tech magazines!
  • PayTM pioneered, and is the leader of, QR based mobile payments in India. The solution fuels over 600 million monthly transactions, processing over $75 billion annually.
  • PayTM’s app was briefly de-listed from Google Play Store in September 2020, after a campaign was launched where users could collect cricket stickers and scratch cards to earn UPI cashback. Google claimed that the app’s content didn't comply with the Gambling policy. Interestingly, Google’s own payment app, Google Pay, regularly runs similar campaigns in India.
  • PayTM acquired sponsorship rights during the 8th season of Indian Premier League. It was also the official partner of the IPL team Mumbai Indian and became the Umpire Partner of the IPL.
  • Outstanding Startup of the Year Award at Forbes Leadership Awards 2016 went to PayTM.
  • Did you know that PayTM stands for “Pay Through Mobile”? Yup. And it makes sense, too.

FAQ

Yes, PayTM permits account holders to deposit at online casinos and cash out their winnings to the account balance.

Casinos online normally do not charge fees for PayTM deposits or withdrawals, but they remain at liberty to do so. It is best to always check the fee policy of your chosen casino site.

PayTM is one of the safest services you can make use of in the digital market. It is PCI DSS compliant and all financial transactions are done with 128-bit encryption SSL security.

Even though India is its main market, PayTM is currently also available in Canada and Japan. Chances are the payment provider will expand into other markets in the future.

Usually, a PayTM online casino withdrawal process takes several hours to 24h to complete. In some cases maybe even 48h. The times may vary depending on the casino you are playing at.

The PayTM service is regulated by the Reserve Bank of India (RBI), so you can be certain that your money is in safe hands.

You can click on Send Money to Bank in your PayTM Passbook and your money will be instantly sent to your bank. Do keep in mind that banks could take up to 7 working days to credit the amount in your account.

PayTM operations are carried out in Indian Rupees. If you want to set up your online casino account in a different currency, you will suffer the conversion rates imposed by the casino cashier.

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