Written by Sportcafe Desc.
Last Updated: .
PayTM has recently emerged as one of the top payment methods for bettors in India, processing about 1 billion transactions each month. The modern mobile financial system application allows clients to perform instant transactions. Read the PayTM review from Sportscafe to know all the nuances and features of the banking option on online betting platforms.
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Many bookmakers in Sportscafe reviews have made PayTM available as their primary payment system due to its state-of-the-art security technology and fast deposit and withdrawal speeds. Currently, the following cricket betting sites, football betting sites (and for other sports) have added this option to the cashier:
The companies must fill in the PayTM form indicating sales volumes, business type, official site URL and other details to get the opportunity to offer the banking method to the clients without significant investment.
The compatibility of PayTM with the cricket betting apps and football betting apps allows users to perform payments without closing the platform for placing bets. At the same time, you will find this banking system in the mobile applications of the top bookies:
However, the QR code scanning system requires the use of the device's camera, which limits this method of automatically recognizing transaction details on smartphones and tablets.
Thanks to the quality of its service and built-in features, PayTM online betting has doubled the number of served companies and the profit for providing payments. Moreover, the list of the financial system benefits includes the following provisions:
In addition, the rupee payment platform contains software for instant messaging with banks to increase transaction speed and make refunds if a transaction is unavailable.
The PayTM platform supports multiple online payment methods to transfer rupees in numerous ways, enabling customers to choose the appropriate option for IPL betting on Indian Premier League app and IPL cricket betting sites. You can use the following banking methods with the system:
Moreover, the financial provider by default only provides a few methods from the list, asking for approval for the rest.
After using PayTM for betting for a while, you will discover several permanent advantages of the system, allowing you to spend time comfortably on football betting sites. Nevertheless, it is also necessary to understand the platform's limitations to make payments without problems.
PayTM allows only registered customers to make deposits and withdrawals from the e-wallet to protect the system from excessive or fraudulent transactions. To create an account you can follow these instructions:
The provided personal details must be accurate during the registration to complete the verification without delay.
The betting companies often recommend PayTM to their customers to recharge the balance of new accounts to play the first game quickly after depositing. You can also find this payment system at these bookmakers today:
The sites with access to the PayTM dashboard can analyze successful transaction statistics developing new promotions encouraging customers to do more football betting or play casino games.
You will get the rupees within seconds with PayTM online deposits if you want to place bets on live events with favorable odds. Bettors also note the informative interface of the mobile payment app, containing a display of all the steps to complete a transaction.
The registration procedure for opening a PayTM account requires following a certain algorithm to receive an activated wallet. To register a profile in the system, you must complete the following steps:
The financial company does maximum verification only in person by inviting you with your Aadhaar or PAN card to the nearest KYC point or by coming to your home for INR 150.
When topping up your PayTM wallet, you must be careful because the financial platform is not responsible for internal balance deposits. Thus, the following guide will show you how to fund the wallet with rupees:
On the other hand, clients can save their card or bank account information to top up wallets much faster in the future.
The PayTM system features multi-level tracking in withdrawing funds from the e-wallet for crediting your online betting profile in the apps and websites. Nevertheless, it is crucial to remember the below instructions to deposit the sportsbook balance:
If the time of topping up the balance after completing all the above steps exceeds 5 minutes, you must write to the bookmaker's support via live chat or email to obtain the rupees manually.
You will also have access to PayTM features when requesting a withdrawal from your betting balance to the electronic wallet. In this case, payments by this method have the following structure:
It is important to check the withdrawal times for your specific bookmaker as the acceptable times vary from company to company.
PayTM wallet accepts payments from bank accounts and credit or debit cards in Indian Rupees only. However, the client must understand the nuances of the procedure for transferring money from Indian banks:
Furthermore, you can cancel the request anytime by refusing to enter the confirmation code or revoking the transaction.
The payment platform complies with Indian regulations and successfully passes compliance checks from various banks. Thus, PayTM can manage the cash flow of the following Indian banks:
In addition, the platform for financial transactions has Indian roots, focusing on serving local customers and businesses.
The company has implemented several security features into the platform to provide customers with a safe payment environment. The protection measures include the below options:
PayTM guarantees maximum security through Security Shield technology in the app with the ability to customize your security settings.
If the bookmaker has no PayTM in the payment options for cricket betting and other online betting, you can use various popular analogues with similar speed and reliability. The following list shows other financial systems for you to use without hassle:
Making payments using bank accounts, PayTM can use both IMPS and UPI to provide immediate money transfers.
You will get comprehensive support during payments, from the PayTM customer care number to the official email, with the possibility of analyzing screenshots of problems. The platform's contact information includes the below options:
Besides, PayTM has official social media accounts on Twitter, Instagram and Facebook, announcing new features with instructions and cashback offers.
Reading the frequently asked questions about PayTM will help you use the platform without difficulty. Write other questions in the review comments to get detailed answers as soon as possible.
Open your profile's payment settings to link the bank account to your PayTM wallet. It is possible to add several such connections for automatic payments.
Select your PayTM wallet and click the "Add Money" option to top up the balance. You can use both cards and bank accounts to deposit rupees.
Contact PayTM customer care to troubleshoot a technical problem or obtain more information about a specific issue. In addition, you only need to log in to the official website or mobile app to prevent fraudulent copies of the platform.
Over the last 2 years, PayTM has consistently ranked among India's top 3 payment systems, constantly changing its market share. At the same time, the financial platform currently holds the leading position among specialized mobile applications for transactions.
Yes, PayTM is safe to use. The payment platform has a certificate from the Reserve Bank of India confirming the system's safety.
Yes, PayTM is an Indian company. The company started its operations in 2010 from its headquarters in Noida after it was founded by Indian national Vijay Shekhar Sharma.