Paytm

It’s safe to say that if you’re a fan of cricket betting in India, then you must have heard of Paytm by now. This has rapidly become one of the most accepted online payment options due to its simple functions, fast transactions, and state-of-the-art security. Of course, there are many banking methods, but if you feel like something contemporary, Paytm could be your new way to deposit money and get out winnings at online sportsbooks.  

Let’s look at cricket betting sites accepting Paytm, how the deposit and withdrawal work, the pros and cons, and why it’s so popular with punters in India. 

Best Betting Sites Accepting Paytm

Overview: What is Paytm exactly? 

Paytm is a fully digital Indian platform for online payments that began in 2010. Although it was once just a humble mobile wallet, it has expanded into an India-wide payment system, especially popular with cricket punters. Although Paytm is among the common betting payment methods, the app can be used for many other types of online payments, such as paying bills and purchasing products and services. 

It’s worth noting that an Indian bank account will be necessary if you’d like to use Paytm for online betting. You’ll need a way to make deposits and manage withdrawals quickly and seamlessly.

Why choose Paytm to bet?

Of all the payment methods available in India, why should anyone choose Paytm to enjoy online betting? Well, here are the different features that make Paytm the right choice.

Withdrawal and Deposit Fees 

Many cricket betting sites accept Paytm, but it is important to remember something. While Paytm will not charge direct fees to deposit or withdraw money from your bank account, the betting websites can charge a processing fee for such transactions.

The fees can differ depending on the betting website (can be anywhere from 1% to 5%), so it’s worth reading the T&Cs from the betting platform you’d like to use regarding deposits and withdrawals via Paytm. 

Speed 

One of the perks of using Paytm as a betting method is its speed. Deposits are lightning-quick and often completed within seconds. Plus, waiting longer than a few minutes for withdrawals to appear in your bank account is rare.  

Anonymity 

Another big advantage of Paytm is its privacy. You’ll never have to share personal data with the betting apps or sites. Details are private; the payment app will never release bank account information. 

Safety and Security 

Paytm is massively secure and has cutting-edge encryption technology and 2FA to increase safety further. The fact that the RBI regulates it only helps its protection against scams and frauds, which adds peace of mind with deposits and withdrawals. 

Pros and Cons

How to Deposit and Withdraw Using Paytm

Now that you understand why betting with Paytm is a favourable choice, let us walk you through the quick steps to make Paytm deposits and withdrawals from betting sites or apps in India.

Making a Deposit 

Making a Withdrawal 

Summary 

Paytm has reached over 300 million downloads, so you know that this app does not have to be checked for authenticity. Paytm, as a betting payment method, has been becoming more popular for the past few years, and we can, without any doubt, say that it is one of the leading banking systems.  

Indian bettors should consider Paytm for making quick, safe, and simple deposits and withdrawals. Although there are sometimes fees associated with using the app, and it might not be perfect for those wishing to be anonymous, it’s still one of the better payment methods for cricket betting in India. 

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