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Posts Tagged ‘wallet’

Ways to Fund Your Account

Wednesday, December 15th, 2010

Because of the growth in gambling, ways to deposit to your account online are expanding too. There was a time when you could play online games only if you had a credit card and an e-wallet solution. Remember that we have been working under the UIGEA, or Unlawful Internet Gambling Enforcement Act, is still in effect. Sure there are plenty of people fighting the bill, but it has yet to be changes. As of right now the UIGEA is in full effect. That means that financial institutions are still hindered from accepting gambling-related activities or processing them.

For this reason, if you are in the US and want to wager, you have to use an e-wallet solution for gaming. This is one of the most important third-party relationships you are ever going to have. The e-wallet solution is a convenient one. Basically it is the way for a company to hold your money. That company isn’t a bank so it doesn’t fall under the same laws that banks do. This should make it more possible to wager and easier to fund your account. PayPal is an e-wallet solution of sorts, but it does not allow for gambling in the US. The company pulled out of the US when the UIGEA went into effect back in 2006.
If you need to fund your account, you should use some e-wallet like Quick Tender, Neteller, Pay Spark, e-Wallet Xpress, or My Wallet. Any of these companies is reliable and you are going to be able to safely deposit money to them for wagering. In addition, having a third-party hold your money also protects your actual bank account. You control how much you deposit to an e-wallet. If you want to limit your wagering to just $100 this week, you can deposit just that amount. It is a great way to monitor your funds. On the other hand, you also can use a bank transfer to fund an account. This is easy, but you have to be willing to wait for the transfer to go through. Depending on the speed of your bank, this option could take a long time though. The best way to fund your account is to use the e-wallet option.

ePassPorte Creates Safe Online Funding Possibilities

Tuesday, March 23rd, 2010

ePassporte is another safe way to manage your gambling funds online. Some of the great features of the website are its flexibility and usefullness for those without a bank account. When you are looking to fund the account, your transactions are protected via the use of Verified by Visa and ePVerify. When purchasing on the Web with the ePassporte Visa Virtual Account you are protected via the use of password and other protection methods. All the personal information is fully protected by the highly reliable encryption methods. You choose from one of four ePassporte accounts: Personal, Business, Commerce and Corporate.

Signing up for ePassporte is free of charge.  Once you register, you will automatically get a Wallet. The ePassporte Wallet is for sending and receiving money to and from any other ePassporte Account Holder instantly, purchasing online, transferring money to a US checking account, requesting a bank wire transfer. ePassporte Account Holders may upgrade the ePassporte Wallet and purchase the ePassporte Visa Virtual Account for a $5.00 fee. Visa Virtual Account Holders have the same benefits as a Wallet Account Holder and also get the convenience of using a Visa Virtual Account online. You may also purchase an ePassporte Visa Electron Card for $35.00. The ePassporte Visa Electron Card is for purchasing at any location where Visa is accepted and for withdrawing funds at lots of Visa and PLUS ATM locations all over the world. Funds on your ePassporte account are shown in USD, but when you use an ATM, your money will be converted in your country’s currency.

You also can fund your account through Visa Credit/Debit Cards or US Checking Account. If you use Visa cards you are required to pay $5 for every $100 load, if you fund with US Checking Account you will pay $3 for every reload irrespective of the sum you are loading and will take up to 7 working days. The minimum amount that you may load is $25 and the maximum amount within 24 hours is $500. If you want to make these limits bigger, you must contact ePassporte Account Holder Services Department. Overall this is a great service due to its security measures and its flexibility. Regardless of what you want to do online, this most likely is a great option you can use.

Using the EcoCard for Online Gaming

Saturday, March 13th, 2010

When it comes to funding your account at an online casino, there are quite a few options. EcoCard is one that offers a safe and fast way to make money transactions online. To provide the highest level of security the company uses the latest security technology. SSL technology protects all financial transactions. While making any transfers to or from any of the merchants, customer’s personal financial information as well as a chosen payment method is closed. To register for the EcoCard there are three steps:

1)      You enter your account details including your name, address and contact information. This part is free and there will be some type of confirmation process involved, like an email link, etc. The confirmation will be a simple process so don’t worry about an intricate requirement. In addition, it will take place within seconds so it won’t hold up your gaming.

2)      Next you have to fund your account. You can the bank wire transfer, credit/debit card, or EFT, electronic funds transfer. Depositing money via a bank wire transfer and EFT is absolutely free and has no limits. But some additional fees may be imposed by your bank. When funding through credit cards you will pay 2,9% on a loaded amount, you can deposit from $20 up to $500 per transfer. Bank transfers usually take from 1 to 4 working days.

3)      Once you fund your account, next there is the fee process. There is a flat $14 fee for the EcoCard and the process can take up to 5 days. Normally it doesn’t take that long, but that’s the maximum amount of time you may have to wait. Transfers between EcoCard accounts cost 1.5% and there is a $5,000 limit. You may pay for an online purchase using your EcoCard without any fee.

For faster access to your funds EcoCard also offers the EcoCard Prepaid Debit MasterCard to UK, German and Ireland-based players. This debit card is linked to your EcoCard account. You may use it to withdraw at ATMs and spend in shops with the MasterCard logo worldwide. A minimum of £20.00 must be on the account. To see all the fees applied here visit the EcoCard site and read their official terms and conditions.

 

 

 

UKash Card Proves Its Worth In the Market

Saturday, November 7th, 2009

If you are an online gambler there is a new way of internet gambling payouts. If you want to take money out of or fund a gaming account you can use UKash.  UKash is a company endorsed by MasterCard and it is proving to be a reliable option when it comes to managing your online casino and gambling accounts.

Users manage the UKash card just like a credit card. It can be used anywhere MasterCard is accepted, or anywhere you see the logo.  You can use it at any ATM when you want to withdraw money from a gambling account. The move to a new card eliminates the wait time. Some casinos send you a check or transfer winnings to your existing bank account, but there is a waiting period of anywhere from 7 to 15 days, depending on your financial institution and the type of account you have.

Chilipoker.com is one of the first companies to use the UKash card but due to its flexibility and media push in the industry, more are likely to crop up. CEO of UKash Mark Chirnside stated, “As the company which introduced online cash payments in Europe, we are pleased to bring Ukash to the market and to see it so eagerly adopted by one of the strongest online gaming providers. Chilipoker.com, like many other operators, is realizing the value of finding methods to pay out securely, easily, and quickly and Ukash offers the whole package.”


Customers can now withdraw and deposit funds directly to or from the card, a freedom that does not currently exist with other cards. Most companies use a third party to pay out their customers, and it has long been a source of stress for online gamblers. Since the UIGEA of 2006 online gamblers have had problems with funding. The UIGEA made financial institutions transferring funds from casinos, illegal.  Although the market is going through a huge shift now that legislators all over are looking for ways to amend the UIGEA, there is still an inconvenience issue for most players. The Ukash option is looking to be the most viable solution to this problem for online gamers.