There are many payment systems at online casinos, with each country favouring its own. In India, for example, Paytm is a real favourite among gambling enthusiasts, and this is not by chance.
A very detailed review of why Paytm casinos are so popular in India has been done by the CasinoSS team.
Low limits
Low limits are the key to making online casinos accessible to all. The Paytm payment system attracts players in India precisely because of its minimum deposit thresholds. For example, you can deposit a very small amount of a few rupees, which opens the way to gambling for a wide range of people. This explains the popularity of Paytm among casino enthusiasts.
Local payment system
Paytm in India is not just a payment system. It is a service that people use to pay utility bills, fines and more. Payments through Paytm are easy and accessible. Every resident of the country knows and actively uses this tool to pay for a variety of services. It is due to the widespread use and support of rupees as the national currency that online casinos in India actively integrate Paytm as the main method of depositing and withdrawing funds.
Fast transactions
Fast transactions are key for players at online casinos. Players appreciate the ability to make instant deposits and withdrawals.
Paytm is the undisputed favourite among payment systems in India for gambling enthusiasts, providing lightning-fast payments and secure transactions.
Paytm vs Google Pay
The main competitor of Paytm is Google Pay. Because most Indians have Android smartphones and Google Pay is already pre-installed. Plus, Google Pay is fast and works with rupees.
Cons
Like any payment system, Paytm has its disadvantages. The system can sometimes be unavailable for online casino deposits due to political reasons, which creates inconvenience for users. In addition, it is not possible to use Paytm outside of India.
Conclusions
Fast transactions, support for the rupee currency and popularity among Indians are the factors that make Paytm stand out in online casinos in India. These advantages make the payment system unrivalled by players.