Top Reasons to Use eWallet Casino
With more and more people gambling online, the requirement for better convenience and security has also been growing. This has led to the popularity of eWallet. It is a type of electronic cash that you can use for making transfers or purchases through a smartphone or online. eWallet serves as a virtual debit or credit card. They are linked to a bank account.
With such extensive usage out there, you should know the top reasons to use eWallet casinos for gambling.
Quicker Fund Transfer
One of the primary reasons behind the popularity of this payment method is the speed of transaction. When it comes to conventional banking methods, it might take several days to be complete. In fact, at times, it can take over a week.
Some top-notch casino allows you to make transfers using eWallet. In this case, the funds are transferred within just a few seconds. There are a few options that might take a few hours. But, this is undeniably much lesser than any other traditional banking methods, like credit cards or debit cards.
Sure, online gambling is fun, but only when you gamble at a reputed and reliable site. There are many gambling sites where you might get scammed. Fraudulent behaviours have become pretty common in recent times. So, using your personal details in an online casino to make transactions can be risky, even if they offer a secure connection.
With eWallets you can enjoy secure banking. Yes, your bank account has to be linked to the eWallet account; you don’t have to share it directly with an online gambling site like Miami Club Casino. Moreover, eWallets are known to be regulated by a third party such as FCA or Financial Conduct Authority. They are responsible for ensuring that the punters are protected from online theft.
When you are using an eWallet, you will know your personal and financial details are protected from the online casino. So, you are anonymous while gambling online.
Cheaper Banking Method
When you make a deposit in your online casino account on a website like Ultra Casino or Sloty Casino, the conventional banking methods will charge a transaction fee. This might be quite high in some cases. However, most of the time, the eWallet doesn’t charge any fee. Even if they, they are lower in comparison to the fees charged by traditional banking methods. Players just have to pay a fee when they make a withdrawal. So, while you pay additional fees to the casino wallet, you don’t have to worry about paying a fee.
Easy to Set-up
Another great advantage that comes with using an eWallet is it is easy to set up. For a majority of the vendors, it is just about linking your bank account to your eWallet account. When you are done, you can start to transfer funds. The money then reflects in your eWallets as cash that you can transfer to your gambling site account.
A few casinos let you transfer the money directly from the account of the player. This implies you don’t have to maintain a balance in your eWallet but can simply request an amount and send it through to the vendor directly.
Like already mentioned, with eWallets you can make quick transfers. However, other forms of payment require you to log into your account and insert the details that might take you a little time to complete.
Nevertheless, for depositing using eWallets, you need to sign up into an online casino, select the amount you would like to deposit, and then enter the details of the eWallet to transfer the funds. This helps in saving a lot of time.
Designed for Mobile Casino Players
With time, online gamblers are switching to using their mobile devices for gambling. So, mobile betting and gambling have become popular. So, depositing is the final hurdle in regards to seamless mobile gambling. However, it seems like eWallets have solved all problems.
eWallets have made things much easier for online gambling sites. Choose any one of the eWallets and start gambling through your mobile device.
Widely Accepted Payment Method
When it comes to additional support, you cannot just go wrong with eWallets. This is because they are widely accepted, particularly in online gambling sites. If you have signed up with a popular eWallet provider, you don’t have to worry about casinos accepting debit or credit cards. This is because almost all casinos accept eWallet payments.
Transactions Don’t Get Blocked
One of the issues that gamblers in some countries have to face is blocked transactions. Banks in countries like Indian block transactions when they find out you are engaging in gambling activity. An eWallet is an excellent way to do away with the issue. When you use this payment method, you can do away with bank payments easily and save yourself a lot of stress.
How to Set Up Your Wallet Account?
You can easily set up an eWallet account. You just have to add your financial details and confirm them before loading money into your account.
Usually, it only takes a few hours for the eWallet account to be verified. However, in certain cases, it might take up to a few days for the account to be verified. You don’t even have to spend a penny to set up an eWallet. Once you set up your account, it will work seamlessly in an online casino such as Casino Cruise for making payments.
Depending on the type of eWallet you use, you might have to pay certain fees. For avoiding any future disappointment, it is necessary to note that every wallet is different. You can log into your eWallet for accessing the money in the online casino.
eWallets have become highly popular in the gambling industry as they are the most convenient methods to make a deposit or withdrawal. A few online casinos offer all eWallet options while others might offer only a few options.
Once you are done setting up the eWallet, you can easily send and receive funds across the world securely. When you use this, you don’t have to reveal your financial details.
Why Are eWallets Considered to be So Safe?
One of the main selling points of eWallets is their commitment to security and safety. As a matter of fact, many experts claim that eWallets are much safer than your real ones. This can be due to various reasons.
eWallets don’t share your payment details with the vendor. Rather, they create a virtual card number that serves as your bank card. A few digital wallets take the form of a QR code that lets you scan with the camera on your phone.
Once the transaction is complete, the code or number expires. This will keep thieves from accessing your card number, name, or PIN, as they cannot skim your information from the website server or card machine.
Then, add it to:
- Two-step authentication that verifies the purchase through email or SMS.
- SSL encryption for preventing hacking of its database.
- A proxy network along with a firewall preventing eWallets from accessing your banking history.
All these make the payment method an excellent choice for the punter who wants to protect themselves through its simple use. However, you need to keep in mind that no eWallet is perfect. So, you should have a contingency plan if you ever lose your phone or are unable to access your funds.
When you are choosing an eWallet, customer service needs to be an important factor to consider. This will resolve any further emergencies.
How to Use an eWallet in an Online Casino?
So, now you know that eWallet online gambling is a safer choice and is widely available. An eWallet casino is secure and many tops operate to allow immediate deposit and withdrawal.
Nevertheless, some digital wallet online casinos might charge higher fees for eWallet than for other payment options. However, this isn’t always the case.
A majority of the digital wallet casino operates in a similar fashion. It is as straightforward as purchasing something online. All you have to do is plug in your information, verify your identity, and make the payment.
So, when you have chosen the digital wallet, you have to go ahead and look for a gambling site that offers this option. Thereafter, head over to the Cashier or Banking page and choose your eWallet. Now, follow the instructions to make the deposit.
You can start playing your favourite game in no time.
The withdrawal function is almost the same as the deposit. While a majority of the operators let you deposit and take out from the eWallet, others won’t. You have to check the Cashier or the Banking page of an eWallet for making sure that you have the best option.
When you have to withdraw the wins to your eWallet, simply follow the given steps on the website. Make sure that you note the withdrawal time as this varies from one casino to the other. A few are instantaneous, while others might take up to 24 hours. Occasionally, it might take a little longer.
Does eWallet Come with a Limit or a Fee?
The fees to use an eWallet at a gambling site can depend on various factors. Digital wallet is like any other service and has to run profitably to stay in business.
Fees depend on the currency and country, mode of payment, and eWallets, too. A majority of the time, you will come across visual fees displayed on the website.
Let’s take a look at some common fees associated with eWallet online casinos.
A few digital wallets charge you with a commission whenever you fund it. At times, it is free to do so but at other times, they might charge 1% of the total amount. There are a few that charge 2.5%-5%.
Casinos might not charge you to make a deposit but eWallet might charge you for your withdrawals. This might be as little as 1% and as big as 5%. They might offer their own bank card for avoiding fees like with Neteller.
Some of the eWallet have no deposit or withdrawal fees but might have currency-exchange fees.
For several punters, the fees incurred while using an eWallet are negligible. The fees you have to pay for the whole month might not be more than the amount of a takeaway meal. So, the fees are well worth it.
Get to know about the fees and limits of the eWallet you are using.
How Much Time Does it Take for eWallet Transfers?
Most of the time than not, eWallet payments are instant or are processed within 24 hours. This makes it convenient and easy to use for gambling. There are several casinos in the market that are competing for business. Hence, they strive to make it as smooth as they can for you.
Nevertheless, payments might take longer if the system asks you to verify your account. In case this happens, make sure you get in touch with the customer support team of the eWallet gambling site.
Are Crypto-Wallet and eWallet the Same?
No, they are not the same thing. Crypto-wallets are mainly for crypto coins that you can spend online. Many online casinos these days are accepting cryptocurrency. Just like normal currency, you have to store your cryptocurrency. This is when you need a crypto wallet. It is there to store your cryptocurrency.
eWallet Casino Final Words
eWallet casinos are great for gambling online conveniently and fast, without worrying about security. You do not have to share your personal information with the casino operator to make your payment. Just as other physical wallets, eWallets are a way to store your money in an accessible and easy place.
What’s best about eWallets is it lets you make faster deposits and withdrawals. So, you do not have to wait around for the fund to be transferred to the casino account to have fun.
So, register into an eWallet and look for an online casino that accepts the eWallet you use to have a seamless gambling experience.
Thank you for reading!