Paytm, a leading Indian digital payment service, has become a favourite for online bettors. Its simple, secure, and fast transaction capabilities make it ideal for both depositing and withdrawing funds on betting sites, contributing to its widespread popularity among Indian bettors. Its security measures also add a layer of trust and reliability.
Security: Paytm offers robust security features that safeguard users' financial information and transactions, giving bettors peace of mind.
Ease of Use: The platform is designed for simplicity, ensuring that even those new to digital payments can navigate and transact without hassle.
Fast Transactions: Paytm processes payments quickly, enabling swift withdrawals and deposits, which is crucial for bettors who need to manage their funds efficiently.
Wide Acceptance: Many online betting sites in India accept Paytm, making it a versatile option for bettors who frequent multiple platforms.
Discover the leading betting sites for December 2024 that accept Paytm in India. These sites offer quick and easy Paytm transactions, perfect for both new and experienced bettors.
4rabet stands out as an excellent Paytm betting site due to its efficient and cost-free transaction process. It allows instant deposits ranging from ₹300 to ₹50,000 without any transaction fees, making it convenient for a wide range of bettors.
Additionally, withdrawals are straightforward and free, with a minimum withdrawal limit of ₹500 and an instant processing time (within 24 hours if the account is not verified).
Parimatch is popular for its wide variety of sports betting options. It offers a smooth experience with Paytm, allowing instant deposits starting from just 300 INR to a maximum of 100,000 INR.
Withdrawals via Paytm are quick, typically taking around 5 hours, and can be faster (about 10 minutes) if your account is fully verified. The minimum amount you can withdraw is 500 INR.
BlueChip.io is a top choice for Paytm users in India due to its quick and convenient transactions. It offers instant deposits starting from Rs 500 and allows withdrawals between Rs 2,000 and Rs 40,000, usually processed within 10 minutes to 24 hours. This efficiency makes it ideal for bettors who value speed and ease.
MegaPari is an attractive Paytm betting site due to its user-friendly banking terms. It offers a low minimum deposit requirement of just INR 500, making it accessible for casual bettors. Additionally, the minimum withdrawal limit is set at INR 1000, which is reasonable for most users.
The standout feature is the exceptionally fast withdrawal time of just 15 minutes, one of the quickest in the industry, ensuring that bettors can access their winnings almost immediately. This combination of accessibility, affordability, and speed makes MegaPari a great choice for Paytm users.
10Cric is a great option for Paytm users with its straightforward and equal minimum limits for both deposits and withdrawals set at ₹1000. Plus, its 24-hour payout time ensures quick access to winnings, making it a convenient choice for bettors.
Many betting sites and apps in India now allow Paytm to be used, but checking your favoured site offers Paytm before signing up for an account is still recommended.
Join Paytm through its official website, which is a simple process that should not take a lot of time. Enter your email address and phone number into the relevant boxes to get started.
After setting a password, users will then be prompted to create their own Paytm wallet, which involves entering a code that will be sent in a message to their smartphone.
This completes the process of signing up to Paytm, after which users will be ready to deposit into their chosen Indian betting site.
Paytm is a safe and reliable option for online transactions, including betting. Here's why:
Using Paytm for online betting in India not only provides convenience but also assures a high level of security, making it a preferred choice for many users.
You will need to complete the minimum "Know Your Customer" (KYC) check to use Paytm, but the process is quite simple.
Head to the official Paytm website and click "KYC link". Here, you can enter your name and the unique identification number of your passport, Voter ID, Driving License or NREGA Job card.
After submitting these details, you are now a minimum KYC customer and your wallet will be activated.
If you have any issues with the KYC check, you can still use Paytm for UPI money transfers, or purchases using your debit/credit cards and net banking.
But, we recommend completing the full KYC check to get the most out of Paytm.
Once you complete the full KYC check you will receive these benefits:
But, to complete the Full KYC Paytm check, you must complete an in-person verification. You can do this by:
Aadhaar based KYC and your nearby KYC point which you can find by visiting this link on your phone. Or, you can click on the "Nearby" icon on the blue strip at the top of your Paytm app.
If you do not have an Aadhaar, you must visit select locations and bring your PAN, and one government-issued document such as your Driving License, Voter ID, Passport or NREGA Job Card.
Paytm is available in 11 Indian languages, which makes it an ideal option for people all over India who are considering joining a betting site.
Having been founded around 10 years ago Paytm is one of the most experienced online payment companies to have been set up in India to date.
Paytm is free to use, which is one of the top reasons it is so popular, while it is much more user-friendly than some of the best alternative methods to make payments at online sites.
Paytm, which was the first Indian payment app in the country to record over 100 million app downloads, has around seven million merchants in India signed up for its service already.
This means that most people will find Paytm to be a fantastic way to manage their money and play at their favourite online gambling sites, whichever operator they decide to go with.
Steven is an editor and fact checker at BettingGuide India, an experienced iGaming content writer who has been in the industry since 2018. If you have any questions about online gambling in India, please don't hesitate to contact him.