Paytm Gambling

Google Playstore has pulled down Paytm and Paytm First Games for alleged violation of gambling policies. CNBC-TV18 has learnt that Google had notified Paytm developers a few days back on this issue and is in constant touch with them regarding the digital wallet and e-commerce app. Google said Paytm had violated its gambling policies. The developments came a day before the start of the Indian Premier League (IPL), which is known to spike interest in so-called ‘fantasy sports’ — Internet-based games where users win rewards for creating virtual teams based on the performance of their actual counterparts.

India’s online payment processor Paytm was out of the Google Play marketplace briefly for Google’s gambling policy. The app is back now, but the issue is far from over.

Yesterday, Google pulled the plug on the Paytm app and its fantasy sports app for football, cricket, kabaddi, and basketball - Paytm First Games - for alleged violation of gambling policies. India’s online payment processor Paytm was out of the Google Play marketplace briefly for Google’s gambling policy. The app is back now, but the issue is far from over. Google has a strict no-gambling policy for Google Play Apps. Google issued a blog post regarding the same on Friday. It said that if an app. Paytm Betting Sites in India Paytm, founded in 2010 by Vijay Shekhar Sharma, is a subsidiary of One97 Communications. Initially, Paytm was used as an online platform for recharging mobile phones and paying bills. The online market was fairly new and the payment platform witnessed a slow but steady increase in users.

Google has a strict no-gambling policy for Google Play Apps. Google issued a blog post regarding the same on Friday. It said that if an app leads consumers to an external website that allows the users to play or participate in paid tournaments to offer real cash or prize, then it is a violation.

Paytm violated the rule. The app was promoting the app in which the users received stickers for each of the transactions.

The users were told that collecting five stickers can be used to redeem Paytm cashback. This was called Paytm Cricket League and coincide with the Indian Premier League that started on Sunday.

The expulsion created panic among customers. Paytm is used by millions of people in India. Paytm which is also an online bank reassured the customer that the money is safe. The offending promotion was removed from the app, following which Google restored it.

This has started a new debate on unfair practices. It said that Google is using its muscle against a local rival of its Google Pay services. The CEO of Paytm said that Google has acted as judge, jury, and executioner in this case. He also said that how can the cashback offer be considered as gambling.

However, it is said that Paytm promoted links to Paytm First Games division which offers fantasy sports, rummy, and other online games. Some others pointed out that it was a warning for all those who wanted to put coveted betting apps to Google Play ahead of IPL 2020.

The strict no-gambling policy of Google is only in India. It has relaxed its norms in selective markets. In the UK, selected EU market and in the US, the policy has changed a lot towards online betting and gambling.

Source: https://calvinayre.com/2020/09/18/business/google-play-gambling-dustup-india-paytm/

How to use Paytm in India

In this guide, I will explain, in-depth, exactly how to use Paytm in India.

But let’s start with the basics – What is Paytm?

It is Indias most widely used payment system and e-wallet and has operated for more than 10 years.

As an Indian company, it is available in 11 desi languages and you can pay for a wide variety of different products including groceries, restaurants, parking and of course, online gambling.

All you need to use Paytm is an account and a payment method to send money from.

Reviews of gambling sites accepting Paytm

There are a few high-quality gambling sites that accept Paytm in India but sadly not as many as I wish.

Still, Paytm is constantly getting more and more popular as a payment provider in the online gambling world.

It is just a matter of time before you can use it at the majority of all lottery websites, online casinos and betting sites.

Here at Online Lotteries India, you can find several secure gambling sites accepting Paytm.

Best PayTm Casino

Paytm is an excellent payment method to use for online casinos.

It is safe, easy to use and works seamlessly.

In the list below you can find all the best Paytm casino websites.

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  • PayTM Deposits & Withdrawals
  • Casino & Betting
  • Indian Card Games

Lottery Sites accepting Paytm

As of now, there are no lottery sites accepting Paytm but it is just a matter of time.

As more and more casinos and betting sites are accepting Paytm payments, you can also be sure to see the first Paytm lottery site soon!

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Top Paytm Betting Sites

There are quite a few Indian betting sites that accept Paytm which I think is great!

It has been one of the Title Sponsors of India Cricket and is the official IPL Umpire Partner.

Therefore you can be sure that you can bet on your favourite IPL team with Paytm or any other team or game for that matter!

Check out the list below with all the best betting sites in India with Paytm.

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  • PayTM Deposits & Withdrawals
  • Casino & Betting
  • Indian Card Games

Create a Paytm Account

Creating a Paytm account is not only a simple procedure but it is completely free as well.

You need to either download the app or visit the e-wallets homepage to make an account.

Step By Step Guide

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  1. Go to Paytm.com
  2. In the top right corner, click on the Login/ Sign-Up button.
  3. A new window will open, click the Sign-Up button.
  4. Fill in your mobile number, e-mail, choose your password and click the Create your Wallet button.
  5. Enter the One Time Password (OTP) and your First and Last Name then click on Create your Wallet.
  6. Congratulation! You now have an account!

App:

  1. Download and start the Paytm app.
  2. In the top left corner, click the grey icon.
  3. Tap on the ‘Create a New Account’ button.
  4. Fill in your mobile number, email address, choose a password and tap on Create a New Account.
  5. An OTP will be sent to your number. Fill in the password, tap submit and enter you first and last name and date of birth.
  6. Tap the Create Account button and enjoy your new account.

How to transfer money to and from Paytm

Paytm works just like a regular wallet in the sense that you need to add money to it.

Therefore you will need a bank account or a credit/debit card to be able to use your new account.

Making transfers to and from your account is easy, safe and legal.

Deposit to your Account

So let’s start with making a deposit to your Paytm account.

You have three ways of making a transfer to your wallet – UPI, Net Banking or Debit/Credit Card.

Deposit MethodProcessing TimeFee
Net BankingInstantFree
BIHM UPIInstantFree
Debit CardInstantFree
Credit CardInstant1,75% + GST

The Paytm minimum deposit is set 1 rupee and there is no maximum deposit so feel free to transfer money to your account without limits.

Withdraw from your Account

It’s not really necessary to send Paytm cash to your bank account since you can use it in the majority of places in India.

Nonetheless, if you want to make a withdrawal from your e-wallet to a bank account you can easily do so.

Paytm Ipl Gambling

The only thing you need to take into account is the fees associated with bank account transfers.

Withdrawal MethodProcessing TimeFee
Bank Account TransferMaximum 3 Working Days5%

The Paytm minimum withdrawal is Rs. 100 and the maximum withdrawal is Rs. 25 000.

These regulations are applicable to any transfer from the e-wallet to bank accounts.

BIHM UPI

Gambling

BHIM UPI is an in-app feature that allows you to make instant money transfers between two bank accounts. Additionally, you can also make payments to merchants that accept BHIM UPI as a means of payment.

To transfer money with BIHM UPI you need to create your BIHM UPI ID. For Paytm accounts, it is by default your mobile number followed by @paytm.

It is completely free to use and is accepted across all banks in India.

Making a Payment to a Gambling Site

Issue

You have an account and you are ready to start gambling.

The first thing you need to do is choose how much you want to deposit.

For all the gambling sites that have Paytm available, you will find it under Net Banking.

As of now, you cannot make deposits with your Paytm cash in your e-wallet.

With the Net Banking option, you will be able to send a UPI payment to the online casino or betting site that you want to play at.

  1. Select Net Banking.
  2. Write your ID where it says VPA or ID and click the proceed now button.
  3. A UPI payment request will show up in your app. Click the Pay button to confirm your deposit.
  4. Wait for the gambling site to confirm and after a few seconds you should get a confirmation of a successful deposit and you are ready to play!

It’s easy as that, just make sure to have your BIHM UPI ID ready.

Paytm Online Gambling

Take Out Your Winnings

You can take out your winnings from a gambling site by requesting a bank wire transfer to your bank account.

All you need to do is add your bank details, some sites only accept the same account that sent the UPI payment so consider that before you make a withdrawal.

Paytm gambling bill

Once your withdrawal is processed you can enjoy all that real money you won!

Gambling

Fees differ from site to site but most often you can withdraw for free.

Verify your Account

To be able to use your account to its full extent you will need to verify it by going through a KYC process.

Paytm Gambling Advice

There are 3 ways of completing the Paytm KYC process.

  • Paytm App – Click the KYC button, enter your Aadhar number and name, enter the OTP sent to your UIDAI registered mobile number, confirm your identity and finally fill in the form for your personal details.
  • Doorstep KYC – If your mobile number is not registered with UIDAI, is lost or not working you can book a doorstep KYC. Book an appointment and an agent will come to your address and complete the process from your home.
  • KYC Center – You can also complete to KYC process by visiting a KYC centre. Find the nearest one in the app and bring an identification – aadhar card, passport or election card. An agent will help you complete the process at the centre.

Paytm App

There are two Paytm apps available, one for Android and the other for IOS.

Using the app is essential since there are so many great features that are only available in the application.

Furthermore, the app is faster and easier to navigate saving you tons of time.

Paytm Gambling Advice

Some of the app exclusive features are:

  • App-Only Offers & Discounts
  • Scan QR Codes to Pay
  • Make UPI Payments
  • Send Gift Money with Lififa
  • Notifications on Offers
  • Personalized Experience
Paytm

The Android app is available in 10 different Desi languages whereas the iPhone app is only available in English and Hindi.

Paytm Gambling Games

The apps can be found in Google Play Store and Apple App Store.

My Best Paytm Tips

As you have read there are tons of great reasons to use this Indian payment provider but I´d thought I´d end this guide with my personal tips.

  • Cashback – There are tons of cashback offers available at Paytm. Make sure that you check them out once in a while so you don’t miss out on any free money!
  • Hot Deals – This is a section showing all the latest and best deals available. You can find deals for your daily needs, fashion, food & beverage, travel and services! There are even some Free deals to claim.
  • BIHM UPI – You can easily use the UPI to avoid charges that are usually associated with Paytm cash. Send money to any bank account free of charge.

Now you are more than ready to start earning real money at any of the gambling sites you are interested in!

Best of luck!