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When PayPal is suing you, you know that you’ve made a name for yourself. Yup, this happened in 2016. PayPal claimed that PayTM was using a similar color scheme on their logo (and they might be right). While the court case still hasn’t been settled, its mere existence is a testament to the amount of attention PayTM warrants. With over 7 million merchants using the PayTM in-store QR code system, it’s one of the most popular payment providers on the Indian subcontinent. You can use their services in 11 languages, and the company as a whole is valued at over $10 billion.
One of the main reasons for PayTM becoming a mainstay in India was the use of the platform by online casino aficionados. Since almost everyone has a smartphone nowadays, online gambling has become a prominent hobby, with an easy-to-use option as PayTM being a perfect fit.
PayTM deposits have thus become perhaps the most frequent form of money transfers in India. With the overabundance of PayTM casinos being open to all players on the subcontinent, it’s become increasingly hard to make the right choice for your gaming needs. That’s why we wanted to find out what are the top casinos that accept PayTM withdrawals. We used our own analytical formats and put all the biggest brands up against each other.
The following list everything you need if you want to dive right into the world of PayTM transfers. Pick a site that appeals to you, and start playing!
New customers. Opt-in required. 20 Bonus Spins on “Sahara Riches Cash Collect” at 10p per spin and 100% Deposit Bonus up to £25 on first deposit (payment method and play restrictions apply). Min. deposit £10. 30x wagering for Bonus Spins and Deposit Bonus (game weighting applies). Max. £5/spin or £0.50/line. 30 days expiry.
New customers only. 18+. T&Cs apply.
Min deposit €10. Max bet €5. Wagering: 30x. Bonus valid for 30 days unless otherwise stated. Free Spins will be given in the following way: 20 Free Spins will be credited to the player’s account every day, for a period of 10 days. The first set of Free Spins will be added to the player’s account after the player has fulfilled the wagering requirements: 1x wager of deposit's amount in 23 hours.
New customers. Opt-in required. 20 Bonus Spins on “Sahara Riches Cash Collect” at 10p per spin and 100% Deposit Bonus up to £25 on first deposit (payment method and play restrictions apply). Min. deposit £10. 30x wagering for Bonus Spins and Deposit Bonus (game weighting applies). Max. £5/spin or £0.50/line. 30 days expiry.
Free spins may not be available in all countries and are automatically credited to players residing in eligible countries upon registration. Registration Free Spins and/or bonuses have a maximum cash-out of $100.00. To receive Free Spins & Match Bonus deposit offers, players must deposit a minimum of $25.00 and select "with bonus" during the funding process. Bonus Terms & website Terms & Conditions apply.
New customers only. 18+. T&Cs apply.
Company Name:
PayTM
Headquarters:
NOIDA, UTTAR PRADESH, INDIA
Established:
2010
PayTM and PayPal are similar in more ways than one. Despite PayPal’s lawsuit based on the supposed similarity between the two brands’ logos, they actually started off in similar fashion. PayTM was founded in 2010, with a risky $2 million investment by Vijay Shekhar Sharma, who is now India’s youngest billionaire.
Nowadays, Vijay is still one of the biggest shareholders of the company and remains as the President and CEO. Stakes in PayTM are also owned by SoftBank, Alibaba Group, Ant Financials, and SAIF Partners.
Initially, just like PayPal, the company wanted to be a leader in the mobile banking and DTH recharge sectors. However, as millions of people found PayTM useful, the company expanded into a plethora of different payment methods and options. Nowadays, Indian citizens can use PayTM to do everything from paying landline bills, to buying train tickets, cards, and so much more.
In 2017, PayTM officially became the most popular payment processing app in India. Around Q3, they surpassed the 100 million users threshold. This allowed them to expand even further, launching services such as PayTM Gold, which allows anyone to buy pure 24-karat gold for as little as ₹1.
In addition to coming up with new ways to make life easier for those who use PayTM to pay, merchants also a saw a myriad of new benefits. Business with PayTM, PayTM Payments Bank, and several other projects resulted in PayTM allowing merchants to accept payments into their bank account with no fees or charges, whatsoever.
Nevertheless, PayTM’s stronghold is still India’s semi-clandestine online gambling industry. The government is mostly turning a blind eye to all sites infiltrating the market, so PayTM will probably stay as the main solution.
The nitty-gritty of depositing and withdrawing money is something we too aren’t particularly fond of. This is mostly because too many payment providers and casinos make the process unnecessarily difficult. It doesn’t have to be!
Thankfully, PayTM really stepped their game up when it came to their UI and the steps you had to take before you could have control over your money. We broke the process down into even fewer steps than those that PayTM provided.
Pick your casino of choice and breeze through the list:
Keep in mind that all deposits all completely devoid of any fees or additional charges. You will see the money in your casino balance almost instantly, giving you the ability to play your favorite games right away.
When it comes to withdrawals, it’s even more simple. All you have to do is head to the Banking section of your casino, select PayTM as your payment provider. Once you enter your VPA and click confirm, you should receive both an email and a notification from the official PayTM app.
Of course! PayTM is a ‘two-way’ payment provider, which means that every casino that offers PayTM deposits must also offer PayTM withdrawals. If this isn’t the case, feel free to report the situation to the company’s customer support team.
They are known to deal with such situations swiftly and efficiently. The whole process is streamlined and designed to be as simple as possible. It’s safe to say that PayTM really nailed the balance between deposit and withdrawal difficulty. Great job, really.
PayTM deserves to be commended for their efforts to turn instant transfers into a proper industry standard in India. They were one of the first companies to actually promote the practice, with everyone else following suit as soon as they saw the amazing success of the approach.
Regardless of which PayTM online casino you choose, you see the money either in your wallet or your casino wallet instantly.
When it comes to fees, the situation is a little different. PayTM doesn’t impose fees themselves, but you might be faced with additional costs if your bank has such a policy. Banks live off of transfer costs and similar minuscule financial burdens, so you’re probably not going to avoid paying a percentage of the total value of the transfer.
When it comes to PayTM’s efforts to inform and assist their customers, there’s nothing negative we can say, really. From the get-go, we were impressed, and it has a lot to do with the highly-informative, highly-visible FAQ section.
In it, PayTM covers just about everything you need to know. We decided to test their FAQs by coming up with a list of 30 common questions that we thought might not appear. Upon comparing our list with PayTM’s, we found that 24 were actually present in some shape or form.
If you’re unable to use FAQs to help yourself, PayTM’s agents are definitely up to the task. They implement various methods of getting to the bottom of every problem, with their knowledge and expansive training being evident.
There’s virtually no debate on whether PayTM is a quality payment provider. Not only do they provide instant and fee-free transfers, but the company has actually come a long way since their early days.
We know that the thing that matters the most is the current state of the brand. However, our Casino Bloke team always valued trending in a positive direction. It’s a great sign that a payment platform might be a good long-term option for you.
Online casinos are tailor-made for the fast-paced business model that PayTM has adopted, but you can also use the brand’s services for several other purposes. They’re 100% legitimate and licensed by the Government of the Republic of India.
