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When operators choose the payment methods to offer to their players, they make sure they have enough choices for people regardless of their country of residence, and for players from India, they always provide Paytm. This is a payment solution that offers plenty of services, even though its eWallet product is the most used one for online gambling purposes. Indian players always prefer it over any other payment method, first of all, because it is a local method, but also because it comes with no fees and it is incredibly easy to use. Why choose Paytm as your online casino payment method?

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Paytm FAQs

What is Paytm actually?

Paytm is a payment solution facilitating online and mobile payments, allowing users to use many of its services, with the eWallet being the most popularly used one. It is available in India, so suited for Indian players, but it provides them with the most impeccable online banking.

How do you fund the eWallet?

When you create your eWallet account, you can fund it using IMPS, Net Banking, ATM cards and all kinds of credit and debit cards, among other options.

Does the eWallet charge any fees?

No, not really. As long as you have a Paytm eWallet and you’re sending/receiving money to/from another Paytm user, you can rest assured that no fees will apply.

Does the solution offer Customer Support?

Sure. You would need to visit its official website and check out the Support page. In there, you will find the on-site contact form, where you can specify what your problem is and enter your email address to get a response. But, you can also explore its entire website, as it’s quite informative and full of information about how to use its services.

What happens if I haven’t used my eWallet account for a long time?

No matter how long you haven’t used your account, the exact amount of funds you had previously will be there when you log into your account again. If you log in and you cannot seem to see the funds, contact Customer Support to provide you with information on how to retrieve them.

About Paytm

about_paytmabout_paytmPaytm is one of the most popular, most used online payment solutions in India. It is the solution Indian users swear by and prefer using over any other method offered nationwide. It is owned by One97 Communications Limited and created by a company with powerful partners. Vijay Shekhar Sharma founded it, the guy who also owns the Paytm Payments Bank, one of the largest and most trustworthy banks in the country. Therefore, when the solution was first launched, it became an instant hit since users instantly put their trust in it and recognized its qualities.

On that note, the solution was launched in 2010. And since its launch, it was backed up by giants in the country, such as Ant Financial, AGC Holdings, Berkshire Hathaway, T Rowe Price, Discovery Capital and Softbank. Meaning, it immediately became a powerful method, used by the most prominent names in India. And even though its headquarters are in Uttar Pradesh, due to its popularity among the giants, its services are available nationwide, and function pretty successfully.

As far as its availability across online casino sites go, you can rest assured that you will find it across most, if not all, casinos targeting Indian players. The solution is, as said, extremely popular with Indian players, so operators have made sure to add it to their lists of accepted methods, to cater to these players the best way possible. So, if interested in playing with it at your favourite online casino, stay with us to learn about the services it offers, how to get started with it and how to use it for deposits and withdrawals across online casinos.

Types of Services Offered

types_of_services_offered (1)types_of_services_offered (1)The eWallet is the star product the solution offers, but as mentioned, you get to use many of its other services, such as Postpaid, Money, Mall, Payments Bank and other products. When it first started, it was considered the most trusted platform for DTH recharges and mobile transactions.

Still, you’d want to use its eWallet product for online gambling transactions, as it is built upon UPI transfers technology. As an Indian player, you must have deposited using a UPI transfer before, but if you haven’t, you’ll now learn how.

You need to meet some pre-conditions in order to be eligible to transact with this solution. You’d actually need to have an active bank account in your name. Then, you’d need to create your eWallet account and get your UPI ID. Assuming you already have at least one bank account with any Indian bank, you’ve met the first pre-requirement. So, the next step would be creating your eWallet account. Depending on whether you’d like to get started with the mobile or web-based version, do the following:

  1. Head over to its official website or download its app.
  2. Fill out the empty fields with the necessary details, such as phone number and email.
  3. Create and confirm your password.
  4. A six-digit one-time OTP code will arrive via SMS or email.
  5. Enter the OTP code and your wallet will be created.

Next, you’ll need to verify your eWallet. You need to go through the KYC procedure and provide your Aadhar card number and all the other needed documents to successfully activate the account. You can fund your account with all kinds of credit/debit/ATM cards, IMPS or Net Banking, as mentioned earlier. You can locate your UPI ID in your eWallet, and from there on, you can start transacting with it whenever you want to!

How to Deposit with Paytm?

You need to go through several steps to make a successful deposit to an online casino with Paytm. However, you first need to create your online casino account. As mentioned earlier, this eWallet is extremely popular in India and as such, it is extremely popular across online casinos targeting Indian players. So most, if not all Indian casinos, accept it as a payment solution. Just find the one that you like the most and join it by clicking on the Join Us/Sign Up button. After you provide the necessary personal details, you’ll be ready to use your online casino account and make your first deposit.

To do that, you’d need to follow these steps:

  1. Visit the casino’s Banking/Cashier/Deposit page.
  2. Specify how much you wish to deposit.
  3. From the list of available methods, choose Net Banking.
  4. In the new window, log into your online banking account.
  5. Copy the UPI ID from your eWallet account and paste it into the designated field on the online banking profile.
  6. Confirm the request on your eWallet account.
  7. Watch the money arriving in an instant.

How to Withdraw Winnings with It?

The best thing about Paytm is that not only does it instantly process deposits, but it is an option for the fastest cashouts, too! The process is similar, only done in the opposite direction. This is a solution that processes withdrawals within 24 to 48 hours, regardless of where your casino is based, contrary to most solutions of its kind.

Just because you’re from India, it doesn’t mean that you need to wait for days for your winnings to arrive on your eWallet account, right? Paytm ensures you wait no longer than 48 hours. But, you need to keep in mind that before it confirms the withdrawal request, the casino may need a few days to inspect and approve the request.

Country Restrictions and Other Limitations

using_paytm_across_online_casinosusing_paytm_across_online_casinosBefore you get started with the eWallet, there’s important information you need to know. There’s an Rs100,000 transaction limit when it comes to funding your eWallet account, as long as you’ve successfully gone through the KYC procedure and verified your account.

But, you should also know that no fees apply for using the eWallet! Registration is fee-free, transactions are too, and you don’t need to pay any monthly or maintenance fees.

As far as other restrictions and limitations go, there’s one that’s pretty obvious: the country restriction. You’ve probably gathered by now that the solution is available in India, to Indian users with a bank account in an Indian bank. However, you should know that as of 2014, it is also available in Canada. There’s a separate website with a .ca domain available to Canadian users with Canadian bank accounts, so if a player from Canada and you liked what you learned about the solution so far, you can use it, too! Canada is one of the many countries with states with legal online gambling, so it is great to know that as a player from there, you can also make use of the splendid services Paytm can offer.

Advantages and Disadvantages

The advantages Paytm can provide Indian players are unrivalled. There’s hardly any other payment method available across online casinos that can give players better perks. For Indian players, no disadvantages exist that could discourage them to use this eWallet.

For one, it is a solution owned and run by a powerful Indian company, with important allies that made it such as a star on the Indian financial scene. It is used nationwide for all kinds of purchases and payments, but it is particularly convenient for online casino transactions, due to many reasons.

The solution is just perfect for online casino transactions. It processes both deposits and withdrawals. Deposits with it are instant and withdrawals take no longer than 48 hours, things that Indian players greatly appreciate. It is available on both mobile and desktop devices and comes with no fees whatsoever. Indian players can deposit and withdraw using Indian rupees, which is another plus. And, most importantly, thanks to its reliability and trustworthiness in India, Paytm is quite popular across Indian casinos, so whichever you choose to join would probably accept it.

The only disadvantage is the fact that it cannot be used by players residing in any country other than India, and, well, Canada. If a player from anywhere else, you won’t be able to use its services.

Final Analysis

Even though also available in Canada, Paytm is still considered as an Indian solution, mainly because there are plenty of local Canadian methods that Canadian players can use, and not that many Indian local solutions available to Indian players across international online casinos. That’s why today, still, the solution is mostly offered across Indian casinos. That, and the fact that it is also quite popular in India for other everyday transactions, not only casino deposits and withdrawals.

If you were reading carefully, you’ve probably noticed that the solution has no downsides, except the fact that it cannot be used by players who are not Indian or Canadian. Other than that, the solution can only offer you perks.

It is compatible with all devices, mobile and desktop, it is easy to get started with, and given you have an account with any Indian bank, you can start using it right away. After you verify your identity, you get to use all of its services and you get to start depositing at your favourite Indian casino right away. But, you also get to withdraw your winnings with it! That’s one of the things players appreciate the most, the fact that they can use one solution for both deposits and withdrawals. Combined with the fact that the solution is completely fee-free, and there you have it: the perfect solution to use as an Indian player.

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