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    PayTM Quick Fact

    CompanyPayTM
    HeadQuatersIndia
    Date of Establishment2010
    LanguageLanguage
    Payment TypeE-wallet
    Transaction TimeNone
    FeesInstant
    Websitewww.paytm.com

    What is PayTM?

    PayPal is very much compared to PayTM because of the similar factors they offer. PayTM started in 2010 with a $2 million investment by now India’s youngest billionaire and President and CEO of PayTM. At the start, PayTM wanted to take over the mobile banking world, however, their aim completely shifted to offering different payment options. Apart from benefits for players, PayTM also offer advantages for the businesses by allowing them to accept the payments into their own bank accounts without any fees or charges.

    How does PayTM work?

    PayTM is considered as a payment method that offers an easy to understand process when it comes to depositing and withdrawing. The team at MrCasinova.com has further broken the process down into fewer steps to help you better understand the procedure.

    Time Required: 5 minutes  |    Tools Required: Mobile or computer  |    Funds Required: $/£/€ 10
    Step 1

    Create account

    Download the PayTM app and click on the ‘create a new account’ tab.

    Step 2

    Enter details

    You will be asked to provide your number, email and a password.

    Step 3

    Confirm

    Press ‘finish’, enter the one-time password received and start using your account.

    Step 4

    4. Connect Card

    If you wish to connect a card, simply press on ‘Passbook’ and enter the details.

    Step 5

    Pick PayTM

    Choose your preferred PayTM casino, pick PayTM as your payment method and enter your PayTM ID.

    Step 6

    Select Amount

    Enter how much you wish to deposit. You will receive a request in the PayTM app, accept it and you’re ready to play!

    🌟 Remember that you do not have to pay any fees or charges. Your money will instantly appear in your casino account and can start playing!

    Withdrawing with PayTM

    PayTM is a ‘two-way’ payment provider, therefore, all PayTM casinos must offer it for both deposits and withdrawals. This is considered to be even more simple than depositing! Simply head to the casino’s banking section and select PayTM as your preferred payment method. Once you enter your PayTM ID, click confirm and you will instantly receive a email and an app notification.

    PayTM Fees

    PayTM does not impose any fees themselves. Nonetheless you might be charged with additional costs by your bank. This depends on their policy so be sure to read through it first before deciding to withdraw and deposit. Banks make profit out of such transfer fees and so it will be very hard to try and avoid paying a percentage of the money transferred.

    Customer Support Service

    PayTM offers a very efficient customer support service. Firstly, you will instantly notice their highly informative website equipped with an FAQ section. Here you can find the answer to most of your questions. If the FAQ does not help you with your query, PayTM’s support team are always ready to help you. They are very knowledgeable and extensive training has evidently been given.

    Why Choose PayTM?

    PayTM FAQ

    💡 Do I have to give out my credit card details to PayTM?

    Yes, if you want to transfer money from/into your bank account. You can simply use PayTM by giving your VPA. This will protect you from data theft.

    💡 Does PayTM have mobile apps?

    Yes. You can find their app on both Android and iOS. You can download by visiting their official website or the Play Store or App Store.

    💡 Which bank can I use to connect with PayTM?

    You can choose any bank you like. The most reputable banks all collaborate with PayTM.

    💡 Are there any PayTM fees?

    No. However, the bank might charge you some fees. Call the bank’s customer service for more details about PayTM payments.

    💡 Is there a minimum deposit?

    Each casino that uses PayTM will have their own minimum deposit. Therefore, this might differ between different sites.

    About the author
    author
    Sarah Mae BezzinalinkedinContributor

    With years of experience in the gambling industry, Sarah is knowledgeable in the field of the casino world. She is responsible for most of the content that is written on MrCasinova and her main goal is to provide casino players with the best information and recommendations to help users enhance their experience. Recently, Sarah graduated with a Professional Diploma in Digital Marketing.

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