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How to Play in a Casino for Real Money Using eWallet

  1. How to Register for an eWallet Account

    You need to access the website of the eWallet of your choice. You then register an account, and link your debit or credit card to this account. Remember to register with a valid and personal email address, because this will be used for all your transactions.

  2. Choose a Casino and Make a Deposit

    Nearly all online casinos in the UK accept eWallets as payment options. However, there are exceptions. So, make sure your chosen online casino accepts your specific eWallet. Access the online casino cashier function. Select your eWallet as your deposit preference and make the payment.

  3. Play and Win

    The deposit from your eWallet will be credited to your online casino account. This is real money that you can use for wagers on your favourite games.

  4. Withdraw Your Winnings

    When you’re ready to withdraw your winnings from your online casino account, you’ll need to access the cashier again. Select the withdrawal option. Withdraw the desired amount to your eWallet.

General Information about eWallet

An eWallet is an electronically-based way of performing online transactions. The funding of an eWallet can either be through a direct link with your bank account or fund deposits like bank transfers. Most people choose a direct link. This means that your credit or debit card details are registered on your eWallet account.

Funds in an eWallet can be used for internet purchases, whether it’s goods or services. These services can include online gambling. Most online casinos across the world accept one or more eWallets.

Apart from spending money through an eWallet, you can also request money for services or goods that you provided. You use your eWallet identity or email address for the performance of transactions.

Recently, eWallets have also started to provide the option to store personal information like driver’s licences and other forms of identification. Thus, an eWallet can also be used to verify the identity and age of users.

Details about the eWallet Payment System

An eWallet is an electronic payment method. It protects a user’s personal and financial information. There are many types of eWallets available. Some famous brands include PayPal, Neteller, EcoPayz and Skrill.

Most eWallets work on the same principle. You have to register an eWallet account. Funds can be added to the eWallet by using a debit or credit card, direct bank transfers, or fund transfers from other eWallets. These funds can then be used to buy or pay for services over the internet. The application is vast, especially if you think you can acquire anything over the net these days.

The best feature about eWallets is the protection of your personal and financial information. Once you’ve set up an account, you only use the eWallet-provided identity or your email address for transactions. eWallets are different from cryptocurrencies in that they are owned by external companies like PayPal. With cryptocurrencies, you are the owner and manager of everything.

Fees and Commissions

The service charges on an eWallet are substantially more than those compared to cryptocurrencies like Bitcoin. The respective terms and conditions specify the percentage service fees applied by the respective eWallets. On average, users will pay between £6 and £10 on transactions of £150 or more.

A fee may also be charged by certain online casinos when using an eWallet. So, you should carefully read the policy specifications before registering an eWallet or online casino account.

Deposit and Withdrawal Times

Deposits and withdrawals from an eWallet are immediate. eWallet to eWallet services are also instantaneous. However, deposits and withdrawals between the payment method and bank accounts can take up to seven business days to process.

Support Work Quality

eWallets are one of the fastest ways to make deposits and withdrawals at online casinos. You should however check the fine print, because some casinos may take longer than others to process withdrawals.

Through eWallets, users can also generate invoices and request direct payments. It’s a secure and convenient option.

Mobile Version and Application

eWallets are compatible on all desktop and mobile devices. You can download the specific apps from your device’s app store.

Advantages and Disadvantages of eWallets

Like cryptocurrencies, eWallets are secure, convenient, and have fantastic processing times on transactions. Your information is protected, and you don’t have to divulge any personal details.

On the downside, you still pay service fees. These fees are a percentage of your transaction. So the higher the amount, the higher the fees.

Conclusion

Research has shown that younger generations prefer the use of eWallets instead of credit/debit cards, or bank transfers. Online casinos took note of this and soon incorporated eWallets as payment options. However, some online casinos only accept eWallets for deposits and not withdrawals. A final word of advice would be to always check the fine print - that of your payment method and chosen online casino.

FAQ

? Where can I pay with my eWallet?

eWallets are accepted by most internet-based businesses, including online casinos. You can use funds to pay for goods or services at any online business that accepts your eWallet.

? How can I put funds in my eWallet?

You can transfer funds to your eWallet by linking your debit/credit card, or by making a direct bank transfer.

? Is transacting with an eWallet safe?

Absolutely. You use your email address or assigned identity for transactions. You don’t need to divulge any of your personal information.