Paytm Betting
About Paytm
- Which Betting App Accept Paytm
- Paytm Betting App
- Paytm Betting Games
- Paytm Betting Odds
- Paytm Horse Betting
Paytm is an Indian E-commerce payment system which is based in Noida, Uttar Pradesh. It was founded in 2010 by Vijay Shekhar Sharma with an initial investment of $2 million. It started as a recharge platform for Mobile phones and DTH.
Paytm Betting Sites in India Paytm, founded in 2010 by Vijay Shekhar Sharma, is a subsidiary of One97 Communications. Initially, Paytm was used as an online platform for recharging mobile phones and paying bills. The online market was fairly new and the payment platform witnessed a slow but steady increase in users. PayTM has been around since 2010 and is India's largest leading payment gateway, offering payment services for both customers and merchants. PayTM Payments bank offers financial services to hundreds of millions of Indians, and PayTM betting sites allow India punters to deposit and bet using this popular payment method. Paytm offers hassle-free and seamless online transfers to betting sites. The transactions went through this payment system is fast and 100 percent secure. The usage is also simple; you simply need to select Paytm while making a deposit or withdrawal at any of the online betting sites we discussed above. Paytm has its branches spread all over India and Canada. Their company provides so many products including Paytm Payments Bank, Paytm Mall, Paytm Money, Paytm Postpaid, etc. Paytm is under the ownership of One97 Communications. The Alibaba Group is the primary stakeholder (42%) in the Paytm corporate structure.
In 2014 Paytm started an e-wallet program through which you can book a train ticket, bus ticket, or an Uber cab. Later more payment options were added like water bill, electricity bill, and gas bill. The user base kept increasing exponentially from 11.8 million in 2014 to 140 million in 2019.
Paytm launched its bank in 2015 named “Paytm Payments Bank” after receiving a license from Reserve Bank of India. It was created as a separate entity with Paytm founder Vijay Shekar Sharma owning 51% share. The Bank was officially inaugurated in 2017 by the Indian Finance minister, Arun Jaitley.
In 2015, Paytm acquired the title sponsorship rights for the Indian cricket team playing domestic as well as international cricket matches for a period of 4 years.
Paytm today is one of the largest platforms in India for online financial transactions. In 2018-19 the company did 5.5 billion transactions with a gross transaction value of $50 billion. Paytm has invested 650 crores to double its transactions to 10 billion in 2020-21.
Which Betting App Accept Paytm
How to setup Paytm Account
The procedure of setting up of Paytm account is pretty simple. You need to download the Paytm app on your phone through the play store. The app will ask for your basic details like name, email address, etc. It will then ask you for the mobile phone number. You need to input the mobile number that is registered with your bank account. You connect any Indian bank account with Paytm. Once inputted, a verification code is sent to your phone as well as email.
Once the verification is complete, you can start using Paytm for all your digital transactions.
How to bet using Paytm
To play casino with real money, you need to fund your casino account with sufficient balance. You can do this by going to your casino account and clicking on the deposit tab. Please make sure to confirm if your online casino site has Paytm as one of the deposit options. Once you select Paytm, the amount will be instantly debited from your bank account and reflect in your casino account. The transaction done through Paytm incurs no charges and is absolutely free.
You can also select Paytm as the mode to withdraw the winnings from your casino account but you need to confirm it with your online casino operator.
Benefits of using Paytm for the casino
You always need a payment service that is reliable, fast, and hassle-free. That’s exactly what you get from Paytm which is India’s leading e-wallet platform serving a million transactions every day. Below mentioned are some of the benefits of using Paytm as your banking method.
- Paytm is approved by Reserve Bank of India which is the governing body of India’s banking system
- The e-wallet platform has top-notch security with 128-bit SSL encryption
- The services of Paytm is available both online as well as offline
- There are Zero transaction charges for depositing money from Paytm to your casino account
- The transactions happen instantly so the transferred amount reflects on your casino account in a matter of seconds.
Customer service
Paytm Betting App
Paytm Betting Games
Paytm is one of the new age digital payments companies that have kept customer satisfaction at the core of their business model. This is clearly reflected in their customer service which is available 24/7 to solve all your queries. The service is available in English and Hindi language.
You can reach the customer support staff either through mail or via live chat. People residing in India can also call Paytm toll free customer care number 0120-4456456 and get your queries resolved immediately.
Conclusion
Paytm Betting Odds
Paytm Horse Betting
To conclude, for all the Indian casino players who were concerned about their financial data security, India’s most trusted digital payment platform Paytm is the answer. The fact that it is governed by Reserve bank of India and has the latest data encryption security with best in class customer support makes it a no brainer choice for most Indian gamblers.