What is E-wallet?
An e-wallet is a digital version of a physical wallet. E-Wallet is a feature exclusively for customers who have registered and established a My Account profile. E-Wallet allows you to store multiple credit card and bank account numbers in a secure environment, and eliminate the need to enter in account information when making your payment in real money casino. Once you have registered and created E-Wallet profiles, you can make payments faster and with less typing.
E-wallets are definitely going to become the leader of online payment methods rather soon. They are leading as the preferred banking route for online casino withdrawals due to the ease of use and speed of the transaction. Unlike with other banking methods, casinos are quite fast when processing transfers through e-wallets, which allows you to get your payment in under 24 hours.
The most popular e-wallets for online gambling are PayPal, Skrill and Neteller. Neteller, in particular, is accepted everywhere and was originally created as a payment route for online casinos.
The downside of all e-wallet money transfers is that the providers of this banking service charge a fee for the transactions. However, those fees are usually rather small and offset by the benefits of loyalty programs on offer.
What are the advantages of an e-wallet?
An e-wallet acts as an intermediary between you and the casino, which gives added protection and security as you don’t have to share any of your private banking details with them.
How much does it cost to open an e-wallet?
Unlike physical wallets, e-wallets are free. Even the one’s with the best brands attached to them don’t carry sign-up costs. But often there will be a small transaction fee associated with using an e-wallet but it is negligible when coupled with the benefits associated with gambling with e-wallets.
How to get an e-wallet?
To get an e-wallet, choose a preferred company, fill out the form, provide the required identification and link a bank account to fund your virtual wallet.
What e-wallets cooperated with online casinos to deposit and withdraw money?
The e-wallets: Skrill, Neteller, PayPal and other cooperates with online casinos.