Funding an account with Paytm
As a rule, all popular and modern online clubs and bookmakers offer a large number of ways to fund your account. Among these methods, you can find debit and credit cards, bank transfers, e-wallets, internet banking and various payment systems. But everyone wants to entrust their rupees only to the most reliable and proven services, right? One of these services is the Indian payment system PayTM. If you haven’t used it yet and are choosing a deposit method to place your first bet, then read our article to learn more about how to use the popular Indian service. Even if you have already replenished your account using PayTM, in our review you can learn more about this service: what it is, how to create an account and make your first deposit.
What is Paytm
Thanks to modern technologies, today we have a large number of ways to pay for the necessary goods or bills, top up the balance or make a money transfer. However, situations such as theft of money, financial fraud, or identity theft are not uncommon. Everyone wants to protect themselves and find a fast, efficient, reliable and convenient payment method. One of these options is the PayTM payment system. PayTm is an Indian payment system with which you can pay for goods and services, bills, order a train ticket, top up your account and even make a deposit online payment on a betting site or online casino in India. You can enjoy the speed and convenience of this service even through your smartphone without worrying about your safety. In our article, you will learn how to use the system if you have not done so before.
How to make a deposit with Paytm to a betting site
Now that you know what PaytM is, you probably can’t wait to try it out, check out the functionality, evaluate the speed and finally make a deposit at your favorite club. So, very soon you will be able to do it. But before that, you need to register on the service and transfer money to it. It is not difficult to do and it will take you a little time. To make it easier for you, we have prepared a Guide for you. After reviewing it, you are unlikely to have any questions regarding the registration process or account replenishment.
Funding steps with Paytm
So, let’s get started with registration. As we mentioned, there is nothing difficult about this. Read below how to do it:
Install the app. If you already have an app, you can proceed to the next step. Otherwise, you can download the PayTM application via Google Spit or EppStore, depending on your operating system (Android or IOS, respectively). In the process of setting up the application, do not forget to immediately select the appropriate language, for example Hindi, so that you do not waste time on this later. In case you do not want to install something on your device or do not have such an opportunity, you can easily do this using a browser on your smartphone or computer.
Create an account. First of all, you need to register on the service in order to have an account there and use it. If you already have an account on the service, then proceed to the next step. If you are using the system for the first time, then click the “Create a new account” button on the welcome page. If you are using the browser version, then this button may look differently “Register”.
Next, you will need to provide some of your details, including your email, phone number, and choose a password. Remember, the password is your safety. Try to choose a password so that no one can guess it and use your funds or make a payment on your behalf. After filling in the above fields, you will receive a message on your phone with a security code, which you will need to enter in the application or on the PayTM website. This is necessary in order for the system to make sure that the owner of this number, and not a fraudster, really wants to create an account.
After that, you will need to enter some more of your data, for example, your first name, last name and date of birth. Click the “Create Account” button. You are now registered!
In the future, in order to enter the payment system under your name, you will only need to enter your phone number and password..
Top up your PayTM account. So, your account has been created and you can make a deposit to place a bet. But before that, you need to replenish your account on the service. It is also a simple process and you are unlikely to have any difficulties with it.
In order to transfer money to your PayTM account, you need to click “Add money” on the main page and enter the desired amount for transfer. After that, the service will prompt you to choose a method of transferring funds, for example:
- Bank account
- Debit card
- Credit card
- Internet banking
After that, enter the required data and pay. Don’t worry about your data, the service uses effective and reliable data encryption systems, so your personal information is safe.
As a rule, the funds are credited to the account instantly and you can immediately transfer them as a deposit to the betting site.
By the way, for your safety, before making a transaction, you will receive a one-time security code on your account, you will need to enter it in the application or on the website. This is necessary in order for the club to make sure that it is dealing with you and no one has hacked your account.
You finally have rupees in your account and you can add them to your favorite account to place a bet or play. This is very easy to do.
Go to the online casino and bookmaker, open the section where you can make a deposit. Next, enter the desired amount and select PayTM as the transaction method. The service has its own restrictions on the maximum and minimum amount of bets that you will find on the site when you make a deposit.
After that, you will need to enter some more details of your account and confirm the payment. As a rule, funds are credited to your account quickly and you can enjoy the game.
Unfortunately, today not all clubs provide an opportunity to replenish an account using this payment service, but we are sure that the situation will improve over time.
That’s all, just a little time, a few simple steps and you can make a deposit at your favorite club using a reliable payment system.
Keep in mind that you will not have any restrictions on the use of your account, you will need to go through verification. This process is necessary for the system to make sure that it is dealing with you and that all the data you entered is real. To do this, you will need to provide scans of some of your documents. Otherwise, some operations will not be available to you and you will have limits on the amounts.
By the way, do not forget that you can also withdraw funds to your account in the Indian payment system. As a rule, most clubs require that the method of depositing and withdrawing winnings is the same. Therefore, if you have chosen PayTM as the deposit of funds, then you will probably need to select the same method for withdrawal. It is not difficult to withdraw funds from the club. You need to open the withdrawal section, select this payment system as the withdrawal method and enter the desired amount. Everything is very simple and fast.
Popular bookmakers with payment methods via Paytm
To save you time looking for the best quality betting Clubs with PayTM, we have put together a short list of the best betting sites in India for you.
- BetWay. A popular club in India with a license from a reliable regulator, a welcome bonus of 100% of the deposit and a wide range of betting options.
- 10Cric. A reliable club with a variety of deposit methods including PayTM, a large number of games and a wide range of sports to bet on.
- MelBet. Another equally stylish and reliable betting and gaming club with a large number of different ways to fund your account, quick and easy registration, as well as incredibly high odds.
- 22Bet. If you are looking for a club that offers major football and other events. In addition, the club has a competent round-the-clock support service and the ability to replenish the account with cryptocurrency. So if you are the owner of any cryptocurrency, then this is the perfect option for you.
- PureWin. Stylish website and high-quality application with high odds, quick withdrawal of funds. The peculiarity of the app is that the club is aimed at an Indian audience, so it is perfect for you if you are a resident of India.
PayTM top-up bonuses
By the way, you can get some cool welcome bonuses when you top-up your account with Paytm! The amount of bonuses and the conditions for obtaining it depend on the club and its conditions. Therefore, register, replenish your account through the payment system and get your bonuses to your account.
Why fund your account with PayTM
Perhaps, while reading this review, you have a question, why use PayM if there are many other proven methods. It is up to you how to deposit funds to the club’s account, but this payment system has many advantages, namely:
- High level of security of your funds and personal information. The service is regulated by the Reserve Bank of India. In addition, the system uses advanced data encryption and information protection methods.
- The ability to pay in Indian rupees. The service accepts rupees, so you don’t need to spend money on currency conversions.
- The ability to deposit funds to your account using a variety of convenient methods, including debit and credit cards, bank account.
- No commission for account replenishment and withdrawal.
- You no longer need to carry your debit or credit cards with you. When you have a PayTM, you can pay for everything with it.
What methods of replenishment are there, besides PayTM
If for some reason you do not want or cannot use PayTM, you always have alternative ways to make a deposit, for example:
- Visa and Mastercard. Payment systems that involve the use of debit cards. Payment systems are similar to each other, with the exception of some differences in functionality and the main currency used. The visa uses the dollar, the Mastercard uses the euro. However, you can use any other currencies, with some restrictions.
- Bank transfer. There is nothing easier and safer than making a payment via bank transfer, but sometimes this method takes longer than many others.
- Electronic wallets. Basically, this is your invoice, but electronically. There are different bank wallets with their own differences in withdrawal, replenishment, limits, and so on. Explore the difference in functionality and choose the one that suits you best.
- Cryptocurrencies. By the way, many clubs keep up with the times and provide an opportunity to replenish the account with cryptocurrency. So if you are a Bitcoin owner, this is a great option for you.
In general, there are many different ways, each with its own advantages and disadvantages. Please read this information carefully before using, register, fund your favorite clubs and enjoy.
What is PayTM?
What are the advantages of PayTM?
Is PayTM Safe in India?
Why do you need to provide your documents when registering at PayTM?
What are the alternative ways to fund the betting club account?
Can I get a welcome bonus when making a deposit via PayTM?