Would you like a guarantee of stress-free transactions when betting online or offline? PayTM will help you avoid common problems. In our guide, we have gathered all the information about PayTM, so that you will get started using it with online operators, and we will explain to you in detail the process of depositing with an innovative payment method.
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How to Deposit on a Casino Site with PayTM
If you wonder how to deposit money in PayTM, read on. Some details may vary casino-wise, but in general, the process looks like this:
Go to the deposit page
Check if you are logged in. Then click on the menu. There, you will see the “Payments” section.
Enter the amount of your deposit
The standard minimum amount for PayTM deposits at a gambling site is around ₹1,000, but some venues offer as little as ₹250.
As the payment method opt for net banking
As you pick alternatives of payment methods, PayTM will not be visible to you. You should select Net Banking and the page will again display your bank.
On PayTM, copy your VPA (UPI ID)
Open the app and enter your UPI ID. Paste it directly to your mobile bank account.
In your Mobile Banking App, you can add the UPI ID
After that, the website will redirect the page to your mobile bank. In the blank with “UPI ID” or “VPA,” paste your ID. No need to enter a name or email.
Accept the request from PayTM
After PayTM opens, confirm your bank’s UPI request.
Confirmation screen
It is seen how PayTM accepts user’s payments. The bank is the next step.
Wait for the bookie or casino to confirm
All you need to do here is wait for the payment to be confirmed
Mission complete!
You will see that the transaction is finalized. The operation will be confirmed by the betting operator.
The PayTM technology is based on UPI transfers, which is considered one of the leading payment means in India. The requirements for this technology are listed below:
- A savings account.
- An account on PayTM and PayTM UPI ID.
- A casino account, which accepts the PayTM payment means.
How to make an advance payment to a betting site in 2021?
If the client prefers not to put money into his PayTM wallet, there are also ways to avoid it. Though, he will still need this e-wallet account because, without it, there will be many complications. Hence, if you wish to deposit cash to your PayTM casino game provider directly via the PayTM application, then take the steps explained below:
- Find the settings webpage accepting PayTM of your chosen operator, and press “Deposit.”
- Fill in the exact sum that you decide to transfer in the prompt box.
- In the menu part, among transaction partners, pick the UPI function.
- Select and then copy your PayTM UPI ID onto the app, and paste this ID on the PayTM deposit webpage.
- Open your app again, verify your request, and wait until the page views the recent transaction.
Note: Be sure to check whether a gambling site that you favor accepts payments from PayTM before you join it.
Deposits on a PayTM casino are free! With these payment means, you will only pay when you take your casino PayTM cash out of your virtual wallet to the bank account: a 4% fee.
How to Deposit Money in Betway from India?
Bookmaking site Betway permits Indian residents to easily transfer their funds using PayTM, UPI, and other trouble-free payment services. This is how you can do this:
- Find “My Account” on the top right-hand corner of the PayTM home page.
- See the list and choose “Debit/Credit Card.”
- Enter how much you wish to deposit.
- Tap “Proceed.”
- Input your card details.
- Enter your data on the required field and press “Next.”
How to Transfer Funds to Skrill
You can deposit funds to Skrill in the same way as transferring from Neteller to PayTM and from the wallet service to your PayTM casino, the procedure of PayTM to Skrill is analogous. Funds will be withdrawn via PayTM and then you can transfer them into Skrill as a deposit. There is one more option to go from bank to Skrill and then to PayTM to finally deposit cash into the gambling site.
How to Open a PayTM Account
To use the service, initially, you need an e-wallet profile. It is not a difficult task to sign up for a novel account in PayTM. Generating a profile will allow you to instantly transfer funds.
Check out the step-by-step procedure to open up an account.
First, go to the PayTM webpage or open your app and press the “Log In/Sign Up” button.
The service will then request you to provide your personal details such as your email address, new password, last name and first name, and cell phone number.
After you’ve done that, tap the option called “Create your PayTM wallet.”
Now, the service will send a password to your mobile number. Then enter a number that you have received as a message.
The last step is to sign up for your virtual account, press the “Create Account “ button. You have created your account. Congratulations!
It takes only 2 minutes to create a new PayTM account. Also, making deposits of funds at PayTM is available to anybody, at any age or social status, even with low amounts (starting from 500 rupees). Now that your account has been created, you can verify your e-wallet.
How to Verify a PayTM Account
For gamblers, it is crucial to see whether the PayTM payment method is verified or not. Otherwise, it will be impossible for them to withdraw their winnings from their e-wallets.
All users of wallet service must complete the full KYC (Know Your Customer) updates for smoother transactions. To do this, follow these steps:
- To get an online verification, log in to wallet service, click on KYC and then enter a 12-digit unique ID number issued by the Indian government - Aadhar in the correct column. You will get ID validation promptly through an OTP;
- In case you don’t have the Aadhar card, then you can opt for completing KYC with other document alternatives. The service agent will visit you to manually fill in the KYC compliance. Hence, you have to input your address in detail in the blank provided.
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Fund your PayTM Wallet
The entire Depositing process is both swift and convenient. There are several ways to do this. To deposit from the PayTM website:
To top up from the PayTM app:
First, tap the “Add Money” tab located on its homepage.
On the PayTM app, you can use UPI, your credit/debit card, ATM, Net Banking, or IMPS card to add some cash.
Enter the sum of money that you want to add and press “Add Money.”
The page will be redirected automatically to a secure payment webpage. You have to input your payment specifics there.
You will view your saved debit card or credit card in PayTM if you have any. Enter the CVV and move to the bank page.
Once the info is entered on your bank’s page, you will see that the transaction has been finalized. The page will be redirected promptly to PayTM with cash added to your digital wallet.
How to Deposit Cash in PayTM Bank
Just follow the simple instructions below:
- Open the installed app and tap on “Passbook.”
- Next, pick “PayTM Wallet.”
- Pick “Send Money To Bank” and choose “Transfer.”
- Fill in the necessary sum and bank data.
- Confirm the operation.
The whole procedure of adding funds to your e-wallet is trouble-free due to the quality services that this innovative application offers.
- It is possible to use your credit or else debit card, including a VISA or Mastercard.
- Internet Banking is accessible in PayTM.
- The service can similarly handle UPI to perform financial operations with your e-wallet and bank. What is required from you is linking your e-wallet to any financial account and you can benefit from the UPI feature. Here you can pick your individual PayTM UPI ID.
- Concerning the money transfer from your e-wallet to your official bank account, you will be required to pay just a minimal fee. PayTM service periodically alters the fee structure, yet you pay no more than 3-5%.
One of the pluses of PayTM is that it is so economical to use. Gambling at an online site with this wallet service becomes a cost-effective experience. In other cases, making a PayTM cash deposit is fully free of charge.
Do you want to send some cash to your gambling accounts? Having received your money via your PayTM wallet, you may want to deposit them at your favored PayTM wallet-accepted sites. Make a 1xBet PayTM deposit and enjoy a wide range of sports bets.
How can I deposit some money on a gambling site with PayTM?
After signing up and passing a verification process, you will have to link your bank account to your wallet and then, you can fund your money at a casino!
Can I use PayTM on my mobile phone?
Yes, apart from website format, there is an app mode. You can install it on your mobile and connect it to your UPI for stress-free transactions.
Is there a fee involved in this deposit method?
You are required to pay a fee-only one time when you intend to withdraw money from your PayTM wallet to your personal bank account.
What is the minimum deposit amount?
Each operator sets PayTM fixed deposit details itself. The PayTM wallet service allows deposits as low as 500 rupees.
How does the currency conversion function?
If you are gambling at a site that is not using rupees, your card provider sets its own currency conversion rates.