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Introduction

Casinos Accepting iWalletDo you wish there was a system that combined all your different casino payment methods? A way that would ensure players don’t need to carry around loads of cards and fiddle about entering details? If so, iWallet is the answer. This fantastic system is relatively new, however more and more people are starting to use it. There are three main reasons for this popularity: it’s completely free to use, it’s incredibly convenient, and it is one of the most secure payment methods around. If you find a casino accepting this depositing method, we’d definitely recommend adding some funds using it.

On this page, we’re going to go through everything casino players need to know about this depositing method, from how to make a deposit, through to what its advantages and disadvantages are. When you’ve finished reading, you’ll be more than ready to use this banking option at a casino online!

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Getting Started

Getting StartedIt’s not possible to use this payment method instantly. Instead, users need to download the free app and then sign up for an account – something that takes around five minutes. The first step is heading to the company’s website and accessing the sign-up form. It’s then a case of filling in personal details, as well as deciding on a password. Once this has been done, it’s necessary to confirm identity, which is simple to do and takes just a few seconds.

You’ll then need to add a bank account to the account, before then adding some money. Once all this has been done, you’ll be ready to start playing at any online gambling site accepting this depositing method. You can find the best casinos offering this banking option by reading through our many comprehensive casino reviews, all of which contain details on accepted payment methods.

Deposits

Depositing using this method really couldn’t be any simpler. There’s no need to get out a credit card, and there’s no need to remember any passwords. Instead, just take a photo of the QR code being displayed by the gambling site and pay in that way. Once the purchase has been confirmed, players will see a confirmation on the screen. It’s then time to start playing one of the many slots and other casino games available at your favourite online casino website.

Withdrawals

Unfortunately, it is not possible to withdraw using this banking option, meaning that those fortunate enough to win some money will need to use a different option. The vast majority of people choose to transfer the money straight to their bank account, but others will choose to use one of the three main e-wallets, namely PayPal, Neteller or Skrill. Using bank transfer is generally free, however using an e-wallet will mean paying fees. Always check if there’s a suitable withdrawal method for you before you deposit any money at a site.

Advantages

AdvantagesThere are a few different advantages to using iWallet for deposits, however the biggest is convenience. There’s no need to frantically search for a debit card or desperately try to remember which e-wallet has money in it. Instead, just scan the QR code and quickly make payment – a process that takes just seconds. It is especially convenient for those looking to deposit while using a mobile device.

This payment method is also completely free to use, which is always a plus point. There’s no fee to download the app and the company charges nothing for their services. This means that you’re able to save as much money as possible to use playing online casino games. Of course, other methods are free to use for deposits as well though, so the fact that this method is free doesn’t make it stand out from the crowd too much.

It’s also the case that this payment method is exceptionally safe to use. This is because you don’t have to risk losing a card while using it or having your e-wallet details stolen. Instead, you’ll need to sign in before making a purchase using two-factor authentication, plus those with a passcode on their phone have a second layer of security. Players also won’t ever need to share their banking details with a casino – instead, they only share them with the people over at iWallet, who essentially act as middlemen.

Finally, payments made using this method are instant, so there’s no waiting around to play. This is the case with other methods too though, so it’s not something that this payment option can boast about too much.

Disadvantages

So, are there any disadvantages to this payment method? Well, we can only think of one reason why some people won’t use it: it’s not offered as a payment method at many online gambling sites currently. This means that those wanting to use this banking option will have a very limited selection of websites to choose from. Of course, as the payment method gets more and more popular though, it will be added as a depositing option by many casinos – hopefully including some of the bigger names in the industry.

Other than that, there’s nothing to complain about. We really do think that this is one of the best banking options out there for online casino players!

FAQs

You’ll find that this method offers fast deposits, as well as a completely safe way to play – as is the case with most casino payment methods. Many find it much more convenient though, as it allows you to store all credit and debit cards in one place.

There is absolutely no fee for signing up with the service, plus there’s no fee to make deposits at online casino sites (unless the site itself charges a fee, which is unusual). This is one of the reasons why we recommend this option so highly.

Yes, it is massively safe to use. This is because you’ll never have to provide banking details to the online gambling site – something that makes it impossible for them to be intercepted by unauthorised third parties. Also, two-factor authentication is used to secure accounts.

It isn’t hugely popular at the moment, however more and more people are starting to realise what a fantastic service it offers. In a few years, it could be one of the more popular depositing options offered at online gambling sites.

There aren’t too many site offering this depositing option to players at the moment, but the number is steadily increasing. You can find recommended sites offering this payment option by reading through our comprehensive casino reviews.

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