Best Online Casinos that Accept Paytm Payments in 2024

Information about Paytm casinos

Paytm is an Indian technology company that specializes in digital payments, e-commerce, and financial services. Its products include a payment app and an e-wallet which customers can use in thousands of land-based and online merchants.

As one of the most successful Fintech companies in the world, Paytm enjoys a global presence. One place you may find it is in a Paytm casino – a site that accepts deposits using this payment method.

At Casino Guru, we aim to help you find the best casinos, and on this page, you can learn how to search for a reliable Paytm site. You can read about the company behind the service, the pros and cons of using it, how to make a Paytm deposit, and also how to find bonuses offered by Paytm casinos.

Table of contents:

Paytm – one of the world's largest Fintech companies that is also popular with online casinos

Paytm's founder, Vijay Shekhar Sharma, launched his enterprise in 2010 with an initial investment of $2 million. Starting off as a prepaid mobile and satellite TV payment platform, the start-up moved into other markets during its first few years.

It launched the Paytm wallet in 2014 and swiftly entered agreements with Indian Railways and Uber to add it as a payment option on their apps. Paytm appealed to a broad customer base due to its flexibility: by this point, users could use it to recharge their metro cards, pay utility bills, as well as buy transport tickets.

May 2017 marked a significant milestone for Paytm. After Chinese e-commerce giant Alibaba acquired a 40% stake in the company, a huge round of investment funding from Softbank meant that Paytm had hit a valuation of around $10 billion. Even Warren Buffet's Berkshire Hathaway got involved, buying a 3-4% stake.

In terms of sales, 2017 also saw Paytm's payment app hit 100 million downloads, and users could even use the service to buy gold through its new feature Paytm Gold. The company had also expanded its operations to Canada and Japan, targeting the huge markets in both countries.

For all Paytm's success, it's also been the subject of several controversies. In 2020, the Paytm app was briefly removed from the Google Play store for allegedly violating the Store's gambling policy. The offending feature was a 'cashback sticker' that users could use to get discounts on products and services. Google relisted the app once the dispute was resolved. PayPal also sued the firm in 2016 for 'using a similar logo'.

Despite these difficulties, Paytm is still India's leading Fintech company, reaching a valuation of $16 billion in 2020. It is widely trusted and is endorsed by several safety checks, including 'Verified by Visa' and 'Mastercard Securecode.' The next section will explore what you can expect when you use this service.

The pros and cons of Paytm casinos & payments

Paytm is one of Asia's most widely used payment methods, but how did it get so popular? Well, it has several big plus points that are worth a mention.

Instant Payments

Paytm was one of the first companies to use instant transfers in India, an approach that many start-ups on the subcontinent have tried to replicate. You should, therefore, expect your transfer to arrive at its intended destination right away.

Flexibility

We've mentioned how versatile Paytm is, but it is pretty impressive just how many tasks you can use it for. From movie bookings to train tickets, and paying your phone bill to making a casino deposit (of course), Paytm can do it.

Free to use

Paytm offers free transfers to customers, so you shouldn't pay a fee. It instead earns a commission from the businesses that use the service. Paytm casinos may or may not transfer these fees to players.

Paytm also comes with a couple of potential issues that you should know about.

ID checks can be lengthy and inconvenient

Several online reviews mention Paytm's long verification process, with some even claiming that it's only possible to carry it out at one of their physical offices. While security is obviously important, online ID checks shouldn't take more than a few minutes and certainly shouldn't require you to leave your house.

Users outside of India may have trouble signing it

The complicated verification process also may exclude customers based outside of India who may not have the required documents or be able to visit a Paytm office.

How to make a Paytm online casino deposit

Making an online casino deposit should never be a tedious process. Both the payment provider and casino want you to use their services, so they should always try to make the process as smooth as possible.

The good news is that making a Paytm deposit is nice and easy, and you can complete the process in just a few steps. Before you do, though, make sure your casino account is fully registered, and that you have your Paytm details with you.

1. Log in to the casino and go to the cashier section.
2. Choose Paytm from the list of deposit methods.
3. Enter your Paytm credentials in the window that appears.
4. Select the amount you wish to deposit, then click 'confirm'.

As Paytm is an instant payment provider, the funds should appear in your casino balance immediately. If you don't see them in there after an hour or so, then we recommend contacting either Paytm or the casino to check that everything has gone through.

Paytm withdrawals are also possible but depend on the casino's policy. If they do allow them, then receiving the money will take longer than making a deposit: possibly a few business days. It may also be subject to a payment charge, so be sure to check the casino's terms and conditions beforehand.

Finding the best Paytm casino for you

The most important feature when looking for the best online casinos is security. It doesn't matter how safe a payment method like Paytm is, if the casino supporting it is untrustworthy, then there's no point signing up.

This underlines the main purpose of this page. The Casino Guru team has awarded each Paytm casino a special Safety Index, so you can quickly see which sites you should devote your time to.

The Safety Index is based on the following objective factors:

• Its number of customer complaints.
• The size of the casino.
• The quality of its related sites.

You can sort through the Paytm casinos by applying the filters available on this page. The most important is the 'Recommended' tab which will show you the finest options. You should begin your search with these.

Another option is to show the most recent Paytm sites added to our database; you can see these when you select the 'Newly opened' tab. New casinos may not be as established as the recommended casinos, so be cautious, but they might have some generous welcoming offers on show as they try to build their reputations.

If you'd like to narrow down your options further, then try these filters:

Game Provider

Looking for Paytm casino sites with games from a certain provider? Search through this list to find your preferred developer.

Game Types

Whether you're a fan of virtual slots or video poker, this filter lets you find the casinos that host the games of your choice.

Currencies

Online casinos normally offer a range of currencies, but just to be sure, you can choose your favored type of money, including crypto, from this list.

Paytm casino bonuses

Finding the ideal online casino is important, but it's not all Casino Guru can help you with. You may also want to see which Paytm casinos offer bonuses, whether it's deposit bonuses that you get after transferring money into your balance, or no deposit bonuses you receive just for registering.

To find Paytm casino bonuses, you can do the following:

1. Go to our list of casino bonuses.
2. Click the 'Paytm' box.
3. Choose whether you'd like to sort these bonuses by their type. If so, go to step 4. If not, stop here.
4. Select your preferred type of bonus. For deposit bonuses, for example, choose 'Deposit Bonus' in the 'Bonus Type' section.

All of the bonuses you find should be relevant as of the date of your search thanks to the Casino Guru team keeping the list refreshed.