iWallet Payments Accepted at Primary Online Casinos
iWallet is a pre-paid card used for online purchases while it is a great way to fund online casino accounts globally. Based in Hong Kong, iWallet mainly focusses on the Chinese, Japanese and Malaysian markets to provide fast depositing options via a pre-paid card accepted at a wide variety of online retailers and casinos. it started to be a popular casino payment option for the new casino sites in the UK
Casino sites accept iwallet payments
How to Use iWallet at Online Casinos
The iWallet prepaid card is currently accepted at over a million ATM’s around the globe, in addition thousands of online merchants now gladly accept iWallet payments. It is available to all countries apart from the USA and Hong Kong. iWallet specializes in online micro payments and employ support desks based in Hong Kong, Philippines and Europe. With user fund-safety guaranteed via the best security technology, online players currently benefit from the capacity to transact in 7 different currencies including CNY, HKD, USD, JPY, GBP, EUR and SGD.
Registering an account with iWallet is easy, it simply requires the user’s first name, last name, date of birth, email address and password. The account verification calls for users to click on the emailed URL and payout limit is set at USD 1,000 for users without KYC documents.
iWallet enjoys an increase in popularity and this micro-transaction payment system quickly became a new addition to the approved payment service provider lists at many online casinos. While iWallet expands globally at a rapid pace its highest usage currently centres in Japan.
Advantages of Using iWallet at Online Casinos
Online casino players sceptic about submitting identification documents can fund their iWallet account via bank transfer since debit and credit card deposits remain available only to executive members. Executive membership qualification requires the subsistence of personal details as well as identification documents.
Several benefits come attached for online casino players preferring to use iWallet to fund online casino accounts, such as no additional fees payable on deposits and no maintaining or membership fees exist either.
iWallet, available to online players around the globe and accepted at several online casinos and unless you apply for the executive membership, does not require players to provide ID verification documents.
Disadvantages of Using iWallet at Online & Mobile Casinos
While one of its key advantages is the absence of proof of ID documentation to register with iWallet, the disadvantage lies with online players who wish to make full use of all the benefits would need an executive account that does required ID documentation, as well as address verification.
The card application process is easy and fast although users might wait up to one month for card delivery. Withdrawals via the iWallet card are not possible at older ATM machines or ATM’s with lower security levels.
Fees transferred on weekends or holidays only reflects on the following day which could be problematic for online players wanting to top-up their funds at online casinos.
iWallet proved itself as one of the most popular payment methods in Asia although it still remains a relative newcomer in the Western world due to lack of exposure. It established itself as an easy and highly secured payment solution for online casino players, and already available at a selected few online operators. iWallet is a great option for players who maintain a strict entertainment budget since only the funds transferred become available and no credit facility exists. With proper planning delays with weekend deposits should not affect many online casino players. It is a great way to transfer funds online in the most secure environment and with over 7 currencies accepted this option appeals players from around the globe.