Using Online Casino Entropay Payment Method
Entropay is a payment method that allows processing transactions using a virtual debit card. The latter can be issued only when a player registers an account with the official Entropay website. Similar to Entropay casinos, there is a standard sign-up process with a minimum of personal data required, but the next important step is to link one of the payment methods to it. Since it is impossible to Pay with an open credit line in Entropay casinos, so you need a funding method that once you have some money on this virtual card balance you will be able to pay to any merchants you wish.
The main benefit of Entropay for online gambling is its flexibility since there is no need to have a debit card or bank account with you to make deposits to Entropay casinos. This virtual thing can replace traditional plastic cards and it can’t be lost or stolen too. The payment process with Entropay usually takes place on the online casino web page and is very simple and fast.
Entropay Casino Deposits and Withdrawals
It takes only a couple of minutes to deposit money to Entropay casinos. The process is similar to Visa deposit transaction, and a player should take the following steps:
- Enter the account with one of the Entropay casinos and go to the Cashier section.
- Select Entropay as a preferred banking option for a deposit and fill out the fields provided: the deposit amount, a name of cardholder, a card number, CVV/CVC 3-digit code, and the validity date.
- Confirm the transaction and wait for funds.
The withdrawal process in Entropay casinos is as simple as a deposit. In fact, a player should proceed with the same steps but select the withdrawal option in the Cashier section and enter the amount for a cashout. After the transaction confirmation, funds are not delivered almost instantly as with Entropay casino deposits since most of the platforms have their pending time that may take from several hours to several days.
Entropay Advantages and Disadvantages
It goes without saying that every banking option has its pros and cons, so paying to Entropay Casinos can be beneficial and imperfect at the same time. The main advantages received by Entropay users look as follows:
- Instant transactions;
- Safety and security guaranteed by 128-bit encryption;
- Support of several currencies (USD, GBP, and EUR);
- No risk of spending too much;
- Ease of obtaining;
- 24/7 customer support;
- Free casino transactions;
- Suitable for both deposits and withdrawals;
When it comes to possible drawbacks that players who deposit or withdraw funds from Entropay Casinos might face, they are the following:
- Quite high transaction fees ranging from 3.95% to 4.95% depending on the method used;
- A limited number of Entropay casinos;
- 6% withdrawal fee for moving money from the virtual card to the debit card or bank account;
- Not available since June 2019.
About Entropay Payment
Entropay has appeared in 2003 as a product of Ixaris Systems Ltd. This London-based company decided to create a virtual card that can be used as a universal payment method. Its main goal was to create an international electronic payment solution that can be available to everyone who has a debit card or bank account. The company was regulated by the UK Financial Conduct Authority (FCA) which is a guarantee of reliability and security.
As a result, players have received a simple and fast depositing method and there were hundreds of Entropay casinos operating on the web. This banking option has been appreciated for its flexibility, instance of transactions, and anonymity, though many players disapprove of its quite high fees too. The main feature of Entropay is that you can spend only the money you have credited with no chances to go overboard for gambling, and, in fact, it is one of the features of the Entropay responsible gaming policy.
Ixaris Solutions Limited
2000 – Ixaris Solutions
2003 – Entropay
Mr. Aran Brown
UK Office Ixaris:
2 Stephen Street, London W1T 1AN, United Kingdom
UK Office Entropay:
2 Sheraton St London, W1F 8BH
Alternatives to Entropay Payment Method
Unfortunately, it is impossible to make Entropay casino deposits and withdrawals at the moment as the company has no Visa license but it is not a reason to be frustrated. Players can still enjoy the fun of gambling using alternative banking options since the choice is really great. If you are not sure which payment method is the best suit for you, look through our selection of the most popular and trusted options existing in the market nowadays.
Originated as eBay subsidiary PayPal has become an independent company in 2015. By that time, it had already been incredibly popular with casino websites and the number of its users has already beaten a 300 million threshold. This is an electronic payment system where every person can create an account and fund it in a variety of ways supported. The transaction fee in PayPal differs depending on the transaction but is around 3% on average. PayPal is widely accepted by online casinos, so the selection of platforms to gamble on is really significant.
Created as Moneybookers Skrill is an online payment system that will be appreciated by high rollers first of all. The main reason for that is the fact that the maximum transaction limit is estimated at thousands of dollars, so players receive a chance to make higher bets playing in casino. Skrill is a product of the Paysafe Group established back in 2001. It is enough to create an account on the platform to get access to the services and e-wallet. One of the Skrill benefits is the possibility to transfer funds directly to the bank card or account, though there are many other pros too. It supports many currencies including crypto, provides exchange services, is secure and fast as well as offers lower transaction fees than PayPal, for example.
Another popular product of the Paysafe Group is called Neteller. It is considered to be a reliable leader in the market of payment solutions, so it is not surprising to see it among the best toping up options in online casinos. It allows making instant payments that are secure and available all around the globe. The system works like an e-wallet that supports many different currencies and rewards active users with pleasant benefits. The range of funding methods is quite extensive with around 2.5% fee taken from the amount deposited, while the transaction fee is quite affordable – only 1.45% (min $0.50).