About Paytm
Paytm is an Indian E-commerce payment system which is based in Noida, Uttar Pradesh. It was founded in 2010 by Vijay Shekhar Sharma with an initial investment of $2 million. It started as a recharge platform for Mobile phones and DTH.
In 2014 Paytm started an e-wallet program through which you can book a train ticket, bus ticket, or an Uber cab. Later more payment options were added like water bill, electricity bill, and gas bill. The user base kept increasing exponentially from 11.8 million in 2014 to 140 million in 2019.
Paytm launched its bank in 2015 named “Paytm Payments Bank” after receiving a license from Reserve Bank of India. It was created as a separate entity with Paytm founder Vijay Shekar Sharma owning 51% share. The Bank was officially inaugurated in 2017 by the Indian Finance minister, Arun Jaitley.
Tags: paytm, betting, (ipl) indian premier league 2020, app ban, google play store. Latest From Technology. ISRO, MapmyIndia join hands to take on Google Maps/Earth. New Delhi: Google on Friday restored the Paytm app on its Play store after removing it for a few hours for violating its policy on sports betting activities. The app was back on the Google Play store on Friday evening after the Softbank-backed Paytm removed the ‘cashback’ feature from a recently-launched game on the application.
Depositing money on a betting site via Paytm is very fast, indeed! After completing the transfer, usually, it takes only a minute or two for the money to be credited into your betting account. However, in rare cases, it may take up to 3 hours for the money to arrive. Paytm brings back IPL-led cashback scheme a week after temporary Google ban. Citing its policies on gaming and betting as the reason for the move. IPL betting markets we love. These days there’s a lot more to IPL betting markets than predicting the match-winner. That, of course, is a good starting point, though! After all, the most important element of an IPL game is who goes on to win it!
In 2015, Paytm acquired the title sponsorship rights for the Indian cricket team playing domestic as well as international cricket matches for a period of 4 years.
Paytm today is one of the largest platforms in India for online financial transactions. In 2018-19 the company did 5.5 billion transactions with a gross transaction value of $50 billion. Paytm has invested 650 crores to double its transactions to 10 billion in 2020-21.
How to setup Paytm Account
The procedure of setting up of Paytm account is pretty simple. You need to download the Paytm app on your phone through the play store. The app will ask for your basic details like name, email address, etc. It will then ask you for the mobile phone number. You need to input the mobile number that is registered with your bank account. You connect any Indian bank account with Paytm. Once inputted, a verification code is sent to your phone as well as email.
Once the verification is complete, you can start using Paytm for all your digital transactions.
How to bet using Paytm
To play casino with real money, you need to fund your casino account with sufficient balance. You can do this by going to your casino account and clicking on the deposit tab. Please make sure to confirm if your online casino site has Paytm as one of the deposit options. Once you select Paytm, the amount will be instantly debited from your bank account and reflect in your casino account. The transaction done through Paytm incurs no charges and is absolutely free.
You can also select Paytm as the mode to withdraw the winnings from your casino account but you need to confirm it with your online casino operator.
Benefits of using Paytm for the casino
You always need a payment service that is reliable, fast, and hassle-free. That’s exactly what you get from Paytm which is India’s leading e-wallet platform serving a million transactions every day. Below mentioned are some of the benefits of using Paytm as your banking method.
- Paytm is approved by Reserve Bank of India which is the governing body of India’s banking system
- The e-wallet platform has top-notch security with 128-bit SSL encryption
- The services of Paytm is available both online as well as offline
- There are Zero transaction charges for depositing money from Paytm to your casino account
- The transactions happen instantly so the transferred amount reflects on your casino account in a matter of seconds.
Customer service
Paytm is one of the new age digital payments companies that have kept customer satisfaction at the core of their business model. This is clearly reflected in their customer service which is available 24/7 to solve all your queries. The service is available in English and Hindi language.
You can reach the customer support staff either through mail or via live chat. People residing in India can also call Paytm toll free customer care number 0120-4456456 and get your queries resolved immediately.
Conclusion
To conclude, for all the Indian casino players who were concerned about their financial data security, India’s most trusted digital payment platform Paytm is the answer. The fact that it is governed by Reserve bank of India and has the latest data encryption security with best in class customer support makes it a no brainer choice for most Indian gamblers.
New Delhi: Google on Friday said it has removed Paytm app from the Play Store for violation of its policy on sport betting activities. Paytm will not be available for download now but there will be no impact on existing users of the app.
In a blog on Friday, Google said it does not allow apps facilitating sports betting and will remove such apps from the Google Play Store.
Paytm Ipl Betting Line
“We don’t allow online casinos or support any unregulated gambling apps that facilitate sports betting. This includes if an app leads consumers to an external website that allows them to participate in paid tournaments to win real money or cash prizes, it is a violation of our policies,” the blog post said.
According to the blog post, these policies are in place to protect users from potential harm.
“The app was blocked for violation of Play policies — a clarification of our policy was released earlier today ahead of the IPL tournament,” Google said in an e-mailed response on Friday.
Google said when an app violates these policies, it notifies the developer of the violation and removes the app from Google Play until the developer brings the app into compliance.
“And in the case where there are repeated policy violations, we may take more serious action which may include terminating Google Play Developer accounts. Our policies are applied and enforced on all developers consistently,” the blog post by Android Security and Privacy Vice President Product Suzanne Frey said.
Google also said that only the app availability on Play Store is impacted and there is no impact on users.
In a tweet, Paytm said its Android app is temporarily unavailable on Google’s Play Store for new downloads or updates.
“It will be back very soon. All your money is completely safe, and you can continue to enjoy your Paytm app as normal,” it added.
Paytm is a popular app for digital transactions.
Paytm Ipl Betting Odds
There is often a surge in launches of such apps before major sporting tournaments like the IPL. The latest season of the Indian Premier League (IPL) is scheduled to start from September 19 in the United Arab Emirates.
Paytm Ipl Betting 2020
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