This is mostly a German payment method, as it is widely popular there. In other countries, people keep on trust traditional payment methods more. In total, ELV is a simple analogue of a traditional payment system where people can send payments anywhere they want quickly and easily. Of course, from the very beginning of using the system, it may seem strange that you have only electronic money and do not have real cards and real bank accounts. But even though it is better for a modern person, as it is almost impossible to steal your private information and money when they exist only in the Internet and are protect by an innovative security system.
Advantages and Disadvantages
We have to mention that the main advantage of this payment method is the speed of transactions. It will take you really not that long time to send money from your bank account to an online casino, exactly around several seconds. Moreover, to enter online bank and use EC ELV, you may connect a website of the company and log in, or just re-block your mobile phone and send money via a mobile application. By the way, it is always faster to use mobile applications. Moreover, this is a safe payment method, as your money cannot be stolen easily. We also have to notice, that this payment system uses only high-level security system and it is almost impossible to steal personal information and money of users. Another advantage is that all online casinos from those that are presented on the market support this payment method. But still, you have to check this information out once more before making a transaction. Among disadvantages of EC ELV, we can notice that it is popular mostly locally (in Germany) and people only start using it – they need some time to get used.
In total, EC ELV is a great alternative to a traditional bank. You need less time and less moves to send money and pay for favorite video slot games in online casinos. Playing for real money, it is important to find out a reliable payment system. And this is the one like that!