- Flexi Group
New Casino Banking Techniques Are Spreading Worldwide
What are some of the new techniques that more people are becoming aware of and how do they operate because there are now more options available for funding online casino accounts and withdrawing winnings?
One of the major success stories of the previous ten years has been the phenomenal rise of digital currencies like Bitcoin. These tokens look to be perfect for use in casinos in some aspects since they offer a high level of confidentiality and privacy. Direct transfers of funds from your protected wallet to the casino's wallet are used for deposits, and the reverse is true for withdrawals. They are also quick and typically have low transaction fees.
This is not limited to Bitcoin, as many casinos also take other tokens like Litecoin, Ether, and others. In certain casinos, players can even deposit money into the casino's own currency to begin playing. The volatility of these tokens, which means that the value you play with can alter even before winnings or losses are taken into account, is one of the drawbacks of playing casino games with cryptocurrencies.
Canadians have the option of using Gigadat, which partners with Interac. A few Gigadat casinos, like Guts, LeoVegas, and Pink Casino, have been recommended to Canadians who want to play online more safely. It emphasizes that opening an Interac account is necessary before making a deposit or withdrawal in this manner. It is regarded as a very dependable and user-friendly method of transferring money.
In order to make a deposit, most casinos require that you navigate to the cashier tab and select Interac as the payment option. You are directed to the Interac platform to confirm the bank and choose between Interac and Inter e-transfer after selecting the deposit amount and finalizing the transaction. If you do not have enough money in your bank account, a Gigadat transfer will not be successful.
The fact that new online casinos frequently have to collaborate with partners from the offline world is one of the intriguing features of the US's recent trend towards regulated gaming. This implies that their online customers can make deposits or withdrawals at the cashier's cage at a nearby casino. This is a compelling choice because it is typically quick and cost-free, though occasionally users are prompted to confirm withdrawals in advance.
Could this approach spread to other areas? Although it appears that few, if any, casinos now have systems that link these various aspects of their operations, those that provide both online and offline gaming could surely use it. If implemented, it might be a somewhat simpler alternative for gamers, but with the variety of simple banking methods available right now, it is definitely not a top priority.
However, for the time being, the three we have examined are making it simpler for customers to transfer their money in and out of their casino accounts without any hassle or delays. It is likely that additional new payment and withdrawal methods may be added in the future.
By fLEXI tEAM