Punters from Indian now have an option of choosing a variety of Paytm betting sites. Sports betting in Indian, particularly cricket, football, and badminton betting, has taken off in recent years. With such an expansion, operators decided to add more convenient payment options for players to use – hence the immense popularity of Paytm betting sites.
Paytm is one of India’s major multifunctional e-commerce payment systems. People use it to pay everything from their mobile bills, utility charges, event bookings, and even pay with a QR code in a grocery store.
The wide usage of Paytm India has gradually enabled it to become a part of the betting world, with more sites adding it as one of their payment options on their betting platform. The emergence of Paytm betting sites has not gone unnoticed, so let’s see how one can go about using them.
Which Betting Sites Accept Paytm?
With more betting sites adding Paytm as one of their payment methods, long-time users of the service have started to use it to fund their player’s account. The list of Paytm betting sites is getting longer and longer by the minute. Much so that even some of the top betting operators in the game have decided to add it.
Some of the Paytm wallet accepted sites that we recommend include:
In a few months, the list will probably be even longer as many are looking to add Paytm deposit offers to their list of enabled payments. It is always better to use a service that you are familiar with and feel safe using. Betting providers have recognized this and have thus decided to enable widespread use of Paytm India. Let’s knpw more information about Paytm.
How to Deposit Money with Paytm on a Betting Site?
If you are familiar with online sports betting and have used any payment method before, you are going to do just fine. Additionally, it also helps to know your way around the Paytm site, as regular users will find it much easier to incorporate.
Nevertheless, if you are completely new to this, you should not have problems registering and using the Paytm deposit offers. The process is very straightforward.
You will first need to open an account with the betting platform you are going to use. Next step- How to create a Paytm account? You can create an account with a Paytm register, which can be done via their site or app. You will receive a UPI ID that is unique to your account necessary when confirming payments.
Here is the usual funding method that most Paytm betting sites require:
- Log in to your player’s account.
- Click on the deposit options.
- Select the net banking/UPI (ensure Paytm to bank transfer by linking your bank account).
- Enter your UPI ID in the designated field and type in the amount you want to deposit.
- Type in your MPIN to confirm your identity and payment.
You can also go the other way around and start with the Paytm agent login. You can choose to fund your player’s account directly from the app or site. After the Paytm register, you can enter the amount you wish to deposit and direct it to your virtual wallet. Now, you can start placing wagers on the available sports events.
The maximum deposit amount per month on Paytm betting sites is automatically set at 10,000 INR. But you can increase the amount to 100,000 INR by following the needed KYC process and providing ID proof.
Be sure to check first the availability of Paytm wallet accepted sites before you register with an operator.
How to Withdraw from Paytm Betting Sites?
Cashing out is equally important as depositing. After you have accumulated some winnings, you will want to make a withdrawal, and Paytm can allow you to do that as well. However, cashing out can only be initiated from the betting site. You can’t request it through a Paytm agent login.
- Log in to your player’s account and open your virtual wallet.
- Click the withdraw option.
- Choose Paytm as your withdrawal method.
- Type in the amount you want to take out.
The process is pretty straightforward and after it’s finished, you can initiate a Paytm to bank transfer. However, be advised that limitations of the amount you can take out do exist. The betting provider usually sets these but the payment method as well.
Betting sites may also require you to go through a KYC process, where you will need to prove your identity. This is usually the case where larger sums are withdrawn. You can do this by providing some kind of document, like a utility bill or a passport, or a driver’s licence.
Bigger Paytm betting sites may require tax deductions on larger amounts. You will be provided with a TDS certificate in such a situation that you need to fill out when filing your tax income statement.
Other Payment Methods
The number of Paytm betting sites is definitely rising and we are seeing more of them added. The three that we want to point out that have been among the first to start accepting this service are 1xBet, 10CRIC, and Betway. But more are joining the fun and deciding to add it as part of their offer.
Due to the popularity of the method, especially in India, which is a big market, we could expect to see others like 888Sport, ComeOn, and even bet365 adding it to their roster of payment options and becoming one of the Paytm betting sites.
Some of the existing and somewhat regular options usually include:
- Bank transfer
- Debit card (Visa, Mastercard, Maestro).
Paytm Betting Sites FAQs
If you happen to have some more questions about Paytm betting sites, be sure to view our commonly asked questions list below.
Does bet365 Accept Paytm?
Unfortunately, no. bet365 is not one of the Paytm betting sites that accepts this method.
Is It Legal to Deposit With Paytm on Betting Sites?
Yes, it is. Paytm is one of India’s most popular payment methods and it is perfectly legal to make payments via Paytm betting sites
Is Cricket Betting Possible With Paytm Site?
Yes, it is. All types of sports betting are possible as long as the operator has it listed.