There are several ways of funding online gambling accounts, each of which comes with its own set of strengths and weaknesses. Some players swear by the speed and convenience of credit cards. Others like the anonymity of prepaid options. Still more choose to use e-wallets, thanks to their ability to store value and organize all of their Internet banking needs.
But what if one payment system could combine all three of these options? That’s the idea behind EntroPay, a “virtual credit card” service that allows you to collect, spend, and transfer money at online casinos. It allows users to avoid sharing their personal details each time they want to make a deposit or purchase online, while still having the flexibility of a Visa card that can be used at millions of merchants around the world.
Using This Service
In order to get started with EntroPay, you’ll need to set up an account on the company’s website. This process takes only a few minutes to complete, after which you’ll instantly have a virtual Visa associated with your account. There won’t be a physical, plastic card with your number; instead, your card will only exist as a virtual object.
You also won’t be able to draw on a credit line to make purchases using this product. Instead, as with a typical e-wallet solution, you’ll need to link something to your EntroPay account in order to fund it: most commonly, this is done by using a bank account or some other card as the funding source. You can load whatever amount of money you want, after which you can spend it as you like.
Finally, you’ll simply need to go to an online casino that accepts EntroPay, or any that accepts major credit cards (which describes virtually every Internet gambling site on the planet). Choose the appropriate deposit option in the cashier, input your card information and the amount you want to put into your account, and your transaction will be processed instantaneously.
Depending on how you look at it, EntroPay either has a moderate amount of popularity at online casinos, or is virtually universally accepted. There are a large number of sites that specifically list this as a payment method, and you can be assured that you’ll have no trouble using your account there. However, this product is designed to be used anywhere Visa is accepted, which means that almost any gaming site works as a place where you could potentially spend money from your prepaid card.
This flexibility extends into the world of e-commerce as well. Since most merchants accept Visa, you can usually use your card to pay at any of these sites as well, even if they never mention the company among their payment options. If you’ve ever paid by credit or debit somewhere in the past, there is an excellent chance that you can use this product to pay there as well.
How Did This Company Begin?
This prepaid option was created by the founders of Ixaris Systems in 2003. According to the company, the idea was to create an electronic payment solution that could be utilized by anyone, regardless of location or credit rating.
Where Is This Method Supported?
Individuals from virtually anywhere in the world can apply for EntroPay. In order to be approved, a person merely needs to be at least 18 years old, and own at least one credit or debit card of their own. It is worth noting that bank transfers cannot be made to or from certain nations, including Turkey, South Africa, Pakistan, Cuba, and Belarus, among others.
Are There Any Fees or Costs?
These virtual cards come with no monthly or annual charges for their use, and you will not have to pay any fees in order to make payments. The only charges come when you load money into your account. In most cases, this is expressed as a percentage of the amount you are loading: for instance, if you load from a credit or debit card, there is a 4.95% fee. There is also a $6 fee if you wish to move money from EntroPay onto one of your cards.
Do I Have to Pass a Credit Check?
No credit checks are required in order to be approved for an account. However, the company does reserve the right to do an identity check to verify users.
Is This Method Safe and Secure?
One of the biggest advantages of using this method is the fact that you will not have to give out any personal or financial details to online casinos or other merchants. This helps to protect you against fraud and identity theft. As for the transactions themselves, the fact that they are processed like any other Visa purchase make them as safe as using any other card.