As a player from India, you know that that you can join many online casinos that accept players from your country. There are so many casinos that accept players from India and do their best to offer things that they would like. From games like Teen Patti to exciting promotions and bonuses, Indian players across international online casino sites are treated like royals. However, there’s something else these casinos are trying to provide you with, and that’s a list of local payment methods....
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As a player from India, you know that that you can join many online casinos that accept players from your country. There are so many casinos that accept players from India and do their best to offer things that they would like. From games like Teen Patti to exciting promotions and bonuses, Indian players across international online casino sites are treated like royals.

Paytm

However, there’s something else these casinos are trying to provide you with, and that’s a list of local payment methods. Using global solutions as an Indian player, you would have to pay unnecessary currency conversion and transaction fees. But with local methods, you’ll avoid these charges and have more on your account to play with. Among the very best payment methods across online casino sites targeting Indian players, you will definitely find Paytm. This is the most popular Indian payment solution offering players world-class services and products, to suit their preferences and facilitate their online casino deposits and withdrawals. Why choose Paytm as an online casino payment method?

About Paytm

Paytm is the leading financial service in India, offering users the chance to get access to a full-stack of payment solutions which would facilitate their online payments. When it first started in 2010, the company received the backup by important investors like Ant Financial, SAIF Partners, Discovery Capital, Softbank, AGH Holdings, T Rowe Price and Berkshire Hathaway, all well-known names on the Indian financial scene.

The company is owned by One97 Communications Limited, founded by Vijay Shekhar Sharma, and is headquartered in Uttar Pradesh, one of the few which have legalized online gambling in the country. The founder Sharma and the company that owns it also own one of the largest digital banks in the country, the Paytm Payments Bank, so you can only imagine how powerful this solution is on the market. Getting the recognition it deserved throughout the years, the solution has been awarded for its impeccable services and its aim to bring Indians into the mainstream economy.

About Paytm

Even though it offers all kinds of services, it started out as the most trusted digital payment platform which carries out DTH recharges and mobile transactions. But across online casinos, players use its eWallet service most, even though you'll also fund products like Payments Bank, Mall, Postpaid and Money. Since we're interested in online casino deposits and withdrawals with it, we'll focus on guiding you on how to fund your account and cash out your winnings with its eWallet service. You should know right away that the technology the company uses to perform these transactions is built upon UPI transfers, so if you’ve ever transacted this way, you’ll know what to do. If not, follow our lead.

How to Deposit at Online Casinos?

The pre-requirements you need to meet before you attempt to make an online casino deposit with it are to have a bank account, a Paytm account and UPI ID and an account with an online casino that accepts this payment method.

Signing up for a Paytm account is an incredibly easy process. All you have to do is go to its official website, and press Sign Up, or if wanting to register via your mobile device, download its app. Then, you’ll need to go through the following steps:

  • Fill in your email address, mobile phone number and generate your password.
  • Go to the “Create Your Wallet” field and click on it.
  • You will be sent a one-time, six-digit OTP code via an SMS on your mobile phone.
  • Enter the code in the designated field and your eWallet will be created in an instant.

Make sure you go through the verification procedure, providing all necessary ID documents, as required by the KYC rules. Your Aadhar number would suffice, but make sure you go through the verification because unless you do, you won't be able to transact successfully with this solution.

Once you have the accounts ready and you’ve joined an online casino, head over to its Deposit or Cashier page. Then, do the following:

  1. Select how much money you wish to deposit to your online casino account.
  2. From the offered payment options, select Net Banking.
  3. You’ll be redirected to your online banking account, where you need to log in.
  4. Open your Paytm account and locate the UPI ID, copy it and paste it to your online banking account.
  5. Confirm the transaction on your Paytm account and the service will accept the payment.
  6. The transaction will be complete and you’ll be able to start playing your favourite games, like Teen Patti or Andar Bahar.

How to Withdraw Using Paytm?

You will notice across online casinos that accept Paytm for deposits would usually require that you make withdrawals with it, as well. But this will go to your advantage, since withdrawals with it are so convenient, without long waiting times. The thing is, you would need to repeat the same procedure as with deposits, but even though deposits with it are instant, withdrawals would be completed anywhere between 24 to 48 hours. Not bad, considering withdrawals with global payment methods requested by Indian players would probably take 5 to 7 days, if not longer.

How to deposit

Make sure you check for any withdrawal limits imposed by the casino. There may not be a maximum, but there certainly will be a minimum withdrawal limit which you need to respect. Plus, when withdrawing, the casino may ask you for ID documents, also due to the KYC protocol. Make sure you have your documents within reach so that you can complete the whole process faster.

Restricted and Allowed Countries

From what you’ve read so far, you know that Paytm is a leading payment method in India. Therefore, it goes without saying that India is on the list of accepted countries. But, even though it started out as a national payment solution, in 2014, it went international, when it started offering its services to Canada.

The company has created a whole new website with a .ca domain to cater to Canadian users only and has made sure its Canadian app is available on Apple App and Google Play Store. Therefore, Canada is also an allowed country, and Canadian players can also enjoy the benefits this payment solution offers. Considering the industry in Canada is also huge, with brand new markets seeing their online gambling market launch like Alberta, it is safe to say that this solution can be used by millions of online casino players.

Therefore, you can use Paytm only if you’re an Indian or Canadian player. Countries other than these two are restricted countries. If a player from such a country, you cannot deposit and withdraw with this payment method.

Currencies Available

Considering it is a solution catering to the Indian market, Paytm bills money only in Indian rupees. Even though it processes foreign transactions, it still processes them in rupees, by a set exchange rate.

Naturally, in Canada, the accepted currency is the Canadian dollar. Therefore, depending on the country you’re using it from, you can transact with it with either Indian rupees or Canadian dollars.

Customer Service and Support Options

If you visit Paytm’s official website, you will see that it is filled with useful pages where you can find information on how to get started with a certain product and how to use it for payments. But you will also find a "24x7 Help" button on the top right corner of the screen, which leads you to a Support page. This is where you get an on-site form where you need to specify your problem and enter your email address, where the agents can send you a proper answer.

But, there’s also a rather comprehensive, thorough and information-filled FAQs page that you can explore. Regardless of your issue or uncertainty, you will find many different FAQs categories that you can explore to find the answer you need. Plus, there are several phone lines that you can try, depending on the nature of your problem or question, all found on the website itself.

Paytm payment method fees and facts
Available accounts 1 account
Available currencies INR
Withdraw fees
Bank transfer free
Cashback and promotions
Promotions Cashback
Two factor authentication One-Time Password
Money-back guarantee in case of fraud Cyber Fraud Insurance Cover up to ₹2 Lakhs
Link to terms & conditions https://paytm.com/our-policy

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FAQs

Does Paytm charge a registration fee?

No. Registering an account with it is completely free of charge, as are all transactions from one Paytm user to another and vice versa.

Which payment methods can I use to fund my eWallet?

To fund your eWallet, you can use several convenient payment methods. You can use any credit or debit card, IMPS, Net Banking or any ATM card. The process of funding the account is pretty intuitive, so you just need to follow the steps and enter the required information to successfully finish the job.

Is there a limit as to how much I can fund my eWallet with?

If you’re a user that has gone through the KYC protocol, you can add as much money as you want, as long as it does not exceed the Rs100,000 mark at any point in time.

What happens if the online casino deducts more money from my eWallet upon deposit?

If that’s the case, you should contact the casino’s Customer Support for an explanation, and hopefully, to return your money. If the problem is not resolved within 48 hours, file a complaint with Paytm. Keep in mind, though, that if the casino has deducted a small amount, it may be that it implements some transaction fees that you weren't aware of. In any case, make sure you contact Customer Support.

If I don’t use my eWallet for more than 12 months, will my funds still be there?

Yes, of course. Your funds are safe with it for as long as you need. If you cannot see them when you log in, make sure you visit the Care page to claim your old cash balance, and Paytm’s team will help you recover the exact amount you had at the earliest.

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