Paytm is one of the biggest payment platforms in India, with an increasing number of Paytm betting sites available for depositing and withdrawing funds. Having been in operation for over a decade, Paytm is a name known to many Indian bettors already. However, this page will outline the best betting sites accepting Paytm as a payment method and explain exactly how it works and its benefits.
Betting Sites that Accept Paytm India 2024
All are: 
Licensed & Verified 
Reviewed by Experts
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Paytm Betting Sites in India
Paytm, or Pay Through Mobile, is the leading mobile payment and e-commerce platform in India today, helping users transfer money instantly to anyone free of charge. Funds can be used to spend on a series of platforms, both online and offline, including at Paytm betting sites. Adding money to your Paytm wallet is easy, with funds being transferred via a debit/credit card or Net Banking. You can connect your bank account using their UPI services and easily transfer funds.
Paytm users can both send and receive funds using just their smartphone, with scanning the relevant QR Code or entering your mobile number being required.
Paytm Betting
The popularity of Paytm in India means that it is a method of payment accepted at many new betting sites in India.
As with any payment method, punters should only sign up with reputable and licensed online betting sites. Deposits and withdrawals at Paytm betting sites are quick and convenient, with users never having to register their bank details.
Your bank account will only record payments to and from Paytm rather than on betting sites, meaning that Paytm is also a good option for those looking for anonymity. You have a full overview of all transactions in the app, which is another security feature that comes in handy when playing at many betting sites.
Cricket Betting Sites with Paytm
The cricket betting market, also known as cricket satta bazar, is highly popular in India, so any betting site worth your while will surely have plenty of available cricket bets. All Paytm cricket betting websites provide you with an extensive choice as they cover domestic matches, ODI world cup and ICC cricket tournaments and more. Pretty much anything happening in the world of cricket will be available for bets.
What Is Paytm?
Paytm is a method of payment app strictly for customers residing in India. It is India’s top financial services company, offering payments and financial solutions to users, online platforms and offline merchants. Paytm aims to bring half a million Indians into the mainstream through payments and online banking.
Paytm is owned by One97 Communications Limited, while the company’s headquarters remain in Noida, Uttar Pradesh. The likes of Softbank and Discovery Capital have invested in the company in the past. The Paytm Payments Bank has over 58 million account holders, making it the biggest digital bank in India today. Paytm now also offers insurance products to millions across India. The Paytm App is available on Android, iOS, Blackberry, OVI and Windows devices, while they hold a license from the Reserve Bank of India.
- Founded in August 2010
- An Indian e-commerce payment system based in Noida.
- Available in 11 different Indian languages
- Millions of merchants in India use the Paytm QR code payment system
- Annual revenue of ₹3,629 crore
History of Paytm
Founded in August 2010, Paytm was created by Vijay Shekhar Sharma following an initial investment of $2 million. Based in Noida, Paytm was initially a prepaid mobile and DTH recharge platform, having added data card, postpaid and landline payments in 2013.
The Paytm Wallet was launched in January 2014, with betting sites have been quick to add it as a method of payment. Paytm’s customer base went from 11.8 million in August 2014 to 104 million just 12 months later, while it became India’s first payment app to reach 100 million app downloads in 2017. Paytm Gold came about in 2017, allowing users to make purchases at as little as ₹1. Over recent years, Paytm has developed a subscription-based loyalty program and a credit card.
Top 7 Best Paytm Betting Sites 2024
| # | Bookmaker | Accept Paytm |
|---|---|---|
| 1 | 22Bet | ✅ Yes |
| 2 | Cyber.Bet | ✅ Yes |
| 3 | Parimatch | ✅ Yes |
| 4 | Purewin | ✅ Yes |
| 5 | Casumo | ✅ Yes |
| 6 | Betwinner | ✅ Yes |
| 7 | 1xBet | ✅ Yes |
Paytm Betting Sites Pros & Cons
It should come as no surprise that Paytm is so popular when it comes to transferring money to and from top betting sites in India. Betting customers in India can look forward to the following pros and cons when using Paytm to fund their betting activity:
Pros
- Security – The fact that no bank cards are required to transfer funds using Paytm adds another layer of security when operating on betting sites. Bookies will never gain access to your financial information when using Paytm.
- Ease of Use – It is easy to both deposit and withdraw money on betting sites via Paytm. Creating an account and processing payments are efficient at all times, something which cannot be said of all online payment methods.
- Limits – Betting customers using Paytm can deposit a maximum of 1,00,000 INR per month, which should meet the needs of even the most demanding of bettors.
- Fees – Both deposits and withdrawals using Paytm are processed without charge.
Cons
- Not as Widely Accepted – Unfortunately, not all Indian betting sites accept Paytm. Therefore, a second option is recommended if you frequent many new sites.
How to Deposit and Withdraw Using Paytm
Unlike some other methods of payment, both deposits and withdrawals are available through Paytm. The following are step by step guides for processing such transactions on Paytm betting sites:
Paytm Deposit Betting Sites
In order to deposit funds to your sports betting account using Paytm, follow these simple steps:
- Log in to your betting account.
- Head to the cashier page and select the deposit option.
- Select Paytm as your chosen method of payment.
- Enter the amount you wish to deposit, taking into account any limits that are in place.
- Log in to your Paytm account after being redirected.
- Confirm the deposit.
Deposits using Paytm are instant, meaning that bets can be placed immediately.
Paytm Withdrawal Betting App
As we mentioned above, withdrawals at betting sites are also available through Paytm. It’s recommended to check the app to see when the withdrawal has been processed. The following steps are required here:
- Log in to your betting account.
- Head to the cashier page and select the withdraw option.
- Enter the amount in which you wish to withdraw, based on your available balance.
- Select Paytm as your method of withdrawal.
- Log in to your Paytm account once again.
- Confirm your withdrawal.
Withdrawals at betting sites through Paytm generally take anywhere from 1-2 business days to process, with the vast majority of such transactions being processed free of charge. Punters may also have to upload a form of identification before withdrawals can be made at betting sites.
How to Open a Paytm Account for Betting
Over the years, Paytm has become increasingly simple to use. This includes the creation of accounts. New customers at Paytm can create an account by following these steps:
- Enter the Paytm website or download the Paytm mobile app.
- Click or tap on the “Sign Up” option.
- On the registration form, enter the relevant personal details, including your full name, email address and date of birth.
- Enter your bank account details.
- Create your Paytm wallet.
- Verify your new account via the 6-digit OTP, which will be delivered via email.
- Deposit funds to your Paytm wallet for the first time in order to be in a position to upload money to your betting site account.
Paytm Fees
New regulations were put in place at Paytm in April 2020, meaning that some fees may be incurred when using the platform for depositing and withdrawing funds at betting sites. Users will now have to pay a 2% fee on the amount deposited to their Paytm wallet using a credit card, which was previously only the case if the amount was over 10,000 Rupees per month. Meanwhile, payments made using Paytm can be broken down into the following:
- Bank Account: No fees
- Paytm Cash: No fees
- Visa Credit and Mastercard Credit: 2.0% (all categories except taxes), 2.5% (tax category)
- Visa Debit and Mastercard Debit: 1.25%
- American Express:3%
Is Using Paytm Safe?
Despite having been banned from Google Play Store for allegedly breaking the rules regarding gambling, it is clear that Paytm is safe when operating on betting sites. Paytm is PCI DSS compliant, meaning that the payment method can be regarded as being 100% secure. Paytm never stores user credit or debit card details, while all financial details and transactions are fully encrypted through 128-bit Secure Socket Layer (SSL) technology. Meanwhile, Paytm engages in real-time monitoring and transaction engine, helping to guard against any suspicious or fraudulent activity.
Best Paytm Casinos Online
In addition to betting sites that accept Paytm, you’ll find plenty of Indian online casinos that accept Paytm, as this is a versatile payment method for online gambling. At nearly any betting site with Paytm, you can find casino games as well as the sportsbook, so feel free to mix it up if you’d like. However, not every online casino has a sportsbook available, so unless online casino games are your main preference, you should prioritise finding the best betting website.
Regardless of whether you choose casinos or betting, you can add money or withdraw money using Paytm the same way.
Paytm Casino India Toplist
All are: Licensed & Verified Reviewed by Experts
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Paytm Bonus
A deposit with Paytm will normally make you eligible for a welcome bonus if offered by the betting bonus site. This means you can get extra funds or a free bet whenever you deposit money in a Paytm betting site, as long as a deposit bonus is available.
In addition to the welcome bonus, the most popular betting sites will give you offers and free bets based on loyalty. The more you gamble, the more rewards you’re likely to get.
Alternatives to Paytm Betting Sites in India 2024
While Paytm is hugely popular for Indian betting websites today, it will not be for everyone. With that being said, there are some appealing alternatives available, with the following being our recommended payment methods:
- UPI betting sites – Also known as Unified Payments Interface, is one of the most popular payment options available in India. UPI simplifies bank transfers by allowing users to make transactions from their mobile phone by entering the recipients phone number.
- Bitcoin betting sites – Bitcoin and other cryptocurrencies are available at several Indian bookies. Compared to other payment options Bitcoin is a currency, which means you’ll be playing in BTC instead of Rupees if you chose this option.
- Skrill betting sites – Skrill is probably the best known e-wallet among gamblers worldwide. It’s accepted by nearly all betting sites, although it’s not perfect. Often, you won’t be eligible for a bonus when depositing through Skrill.
Tips for Using Betting Sites With Paytm
When using Paytm at betting sites, there are a number of ways in which to get the best out of the payment method. With that being said, the following are our top tips for using Paytm:
- Take your time – Be sure to weigh up all available options before deciding whether Paytm is the best payment method available. Look at its benefits and limitations, including fees, safety, speed and limits.
- Fees – As discussed on this page, some payments processed using Paytm will come with fees. While minimal, this will have an impact. So, be sure to upload funds to your Paytm wallet using the most cost-effective ways.
- Betting Sites – Before signing up at a particular betting site, make sure that they accept Paytm as a payment method. There is nothing worse than completing the sign-up process only to find out that deposits and withdrawals are not accepted in this way.
- Limits – The limits when using Paytm at betting sites should meet the needs of both beginners and experienced bettors. So, be sure to look at the limits connected, ensuring that they suit your betting strategy.
Bottom Line on Paytm Deposit & Withdrawal
Having been around since 2010, Paytm is likely to be a name with which you are already familiar. However, you should now have a much better understanding as to just why it is so popular for those operating on betting sites. Its convenience, speed and ease of use mean that an increasing number of bettors in India are depositing and withdrawing funds in this way. So, be sure to check out our recommended Paytm betting sites for yourself before deciding whether it suits your needs.
FAQs | Paytm Betting India
Is it safe to use Paytm for sports betting?
Yes. Paytm has a number of security measures in place, including 128-bit SSL encryption technology, which helps to ensure that all transactions are processed safely. Meanwhile, those using Paytm to deposit and withdraw at betting sites are not required to enter their credit or debit card details with their chosen bookie, adding another layer of protection.
Do I Have to verify payments when using Paytm?
When creating an account at Paytm, customers will have to verify their wallets using the relevant 6-digit OTP. Meanwhile, customers must log in to their Paytm account before deposits and withdrawals at betting sites can be confirmed.
Will there be any fees added when I use Paytm?
There are unlikely to be fees involved when depositing and withdrawing funds from your betting account. However, fees may be incurred when adding funds to your Paytm wallet.
What do I do if my payment is declined?
Payments are only likely to be declined if you do not have enough funds on your Paytm wallet. So, be sure that you have added sufficient funds before looking to deposit.
How long will it take before my deposit with Paytm is received by the betting site?
All deposits with Paytm are processed instantly.
How much time does a withdrawal on a betting site with Paytm take?
Betting sites with Paytm withdrawal normally handle your requests promptly. The majority are processed in under 24 hours, but it can take up to 48 hours for customers to get their hands on winnings.
Can I deposit Indian Rupees using Paytm?
Yes, and Paytm is one of several deposit methods that only accept Indian Rupees as currency. As long as your favourite betting site has INR as currency, you can normally deposit money with Paytm.
Which betting sites accept Paytm?
It’s not much of a challenge to find betting sites that accept Paytm in the Indian betting market today, as nearly all of them do. Some of the best Paytm betting sites, in our opinion, are 10Cric, 22Bet and Purewin.
Arjun Jindal | Last Modified: September 2, 2022
