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Amex, Bitcoin, Diners club international, Mastercard, Skrill, Visa and 8 moreOne of the first major breakthroughs for the online gambling industry when it came to payment processing systems was the invention of the e-wallet – an online store of value that could be used for both deposits and withdrawals. Many such services, such as Skrill and Neteller, are now highly popular around the world. But others enjoy significant regional popularity, such as the program we’ll be talking about today: Payeer.
Much like many other e-wallets, this product allows players to make deposits and withdrawals through a variety of different funding sources, making it flexible and convenient. As an added benefit, this particular network also allows payments through a number of digital currencies. It’s a fast, secure way of banking that can be used to organize all of your online gambling play.
Many players are confused by the options available to them when trying to choose an Internet casino. However, our team of industry insiders has narrowed down just the top Payeer iGaming sites for you to choose from. These picks include a number of qualities we value highly, including:
A large variety of games from top quality software providers
Quick and safe deposits and withdrawals through Payeer
Promotional offers and online casino bonuses that add value to every depos
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Mastercard, Moneytransfer, VisaPayeer is an e-wallet solution that is based in Aberdeen, Scotland. However, the payment system is authorized by the National Bank of Georgia, giving it a powerful backer with experience in the world of international banking systems. Today, this network is available in more than 200 different nations worldwide.
The system has been designed in order to serve a variety of functions, most of which are common throughout the world of e-wallet solutions. For instance, it facilitates the transfer of funds internationally between various processors that might otherwise be incompatible. It can also allow for person-to-person transfers, or serve as the basis of instant purchasing systems for merchant websites, allowing them to take the more than 150 different funding methods provider for in this network. These include traditional credit cards using the Visa logo as well as banks, a variety of Internet-based payment systems (including other online services and some digital cryptocurrencies like Bitcoin and Litecoin), as well as ways to fund your account directly using cash or through your mobile phone.
In order to use this option as a way to make deposits, you’ll first need to open two accounts: one with Payeer itself, and another with a casino site that offers this option as a way to transfer funds into your balance. You’ll also need to choose one or more ways to fund your Payeer wallet so that there will be sufficient funding to cover your transfers.
Once this is set up, you’ll need to head to the cashier or banking section of the iGaming site you want to play on. There, you should see this brand listed among the options (perhaps under an e-wallet subheading). Choose it, and you’ll be asked to specify how much you want to put into your account.
From there, you will be asked to log into your Payeer account and confirm the details of your payment. If everything appears to be in order, authorize the transaction. Moments later, you’ll see that amount added to your casino balance, available for real money play.
Please note that this system can also be utilized in order to process withdrawals. The process is very similar to depositing: choose Payeer as your preferred method, then let the casino know how much you want to transfer to your wallet. After the casino processes and approves the transaction, your funds will appear in your e-wallet, from where you can spend them at other merchants or further cash out to a withdrawal method of your choosing.
The biggest benefit to using Payeer is the level of flexibility it offers to users. While it is a single solution that allows for deposits at many casinos, behind the scenes, you could be using one of more than 100 funding sources that can be funneled through this gateway. But rather than deal with having to figure out how to process your card or bank account or digital currency of choice, you simply put in your wallet information and instantly transfer funds.
Another huge plus is the fact that this option can be used for withdrawals as well as deposits. That’s always a great convenience for players, as it allows them to cut down on the number of accounts that need to be opened and handle all of their banking through one portal. If you play at several sites that all accept this method, you can even use this as a way to store a bankroll that you move around between the different casinos, poker rooms, bingo halls, or sportsbooks you want to play at.
Can I Use This For Withdrawals?
Yes, this is an excellent option for those who want to cash out using the same method they use for getting money into their accounts. Your wallet can store funds, which you can then receive via the method of your choice.
Are There Any Fees?
There are no fees charged to players when it comes to making deposits to casinos, or for requesting withdrawals from those same gambling sites. However, there are some low fees associated with cashing out from your wallet. This can be anywhere from 0-5% of the amount you are transferring, depending on the method chosen. Currency exchanges can also incur small fees.
What Are Some Similar Alternatives?
If you like the idea of an e-wallet but this one doesn’t work for you (or isn’t accepted at the iGaming site where you want to play), then there are many other options available to you. The most widely accepted of these include Neteller and Skrill, both of which are taken at most major casinos. In addition, PayPal is an excellent choice for players in some regulated markets, though you won’t be able to use it for gambling in grey market jurisdictions.
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