Privacy and security are a concern on everyone’s mind. Many of us are signed up to so many services that keeping track of everything can be difficult. All it takes is for one of those services to be hacked, and the payment information of thousands of people can be exposed! Companies should know better. Despite that, every so often, some company makes the headlines for failing that basic security check.
Flexepin gives players an opportunity to solve that problem. Instead of using your actual payment information, you use a voucher card to transfer funds. The cards are one-use and have a fixed value. Even if something does go wrong, your information will remain safe! Flexepin is regulated by the Australian Securities and Investments Commission and is a holder of the Australian Financial Services License.
When it comes to depositing money, this payment service is increasingly popular among punters and operators. Currently, it is primarily used by online casinos aimed towards Australian players. However, it also supports Canadian clients and has an increasingly global presence. Currently, Flexepin only allows its users to deposit funds. You will need to use a different method for withdrawing money.
Although it is not as popular as other payment methods, Flexepin still has a loyal following. This is one of the best methods to use if you really care about staying private while depositing funds. It is impossible for your bank details to be leaked if you do not enter them, after all!
Just be sure to double-check links before you enter the PIN number! Casino Bloke has picked out a few excellent online casinos that support this payment method if you are interested in trying it.
New significant terms for UK: New players only, Maximum bonus is £123, Max bet with bonus is £5, No max cash out, Wagering is 50x - Skrill & Neteller excluded, Eligibility is restricted for suspected abuse, Cashback is cash, so no wagering, Cashback applies to deposit where no bonus is included. Full T&C’s apply.
Free spins may not be available in all countries and are automatically credited to players residing in eligible countries upon registration. Registration Free Spins and/or bonuses have a maximum cash-out of $100.00. To receive Free Spins & Match Bonus deposit offers, players must deposit a minimum of $25.00 and select "with bonus" during the funding process. Bonus Terms & website Terms & Conditions apply.
Welcome Bonus for new players only; Maximum bonus is 100% up to £100; Min. deposit is £20; No max cash out; Wagering is 35x bonus; Maximum bet while playing with a bonus is £5; Eligibility is restricted for suspected abuse; Cashback is cash with no restrictions; Skrill & Neteller deposits excluded; Cashback applies to deposits where no bonus is included. T&C's Apply.
The minimum deposit amount to qualify for the 125% Bonus is USD 20. Currency in the Casino / Casino "chip transfer" is USD. The maximum bonus amount is USD 1,000. Wagering: 30x deposit + bonus. Terms and Conditions apply.
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Rates, Fees & Cost – Setup cost and transaction fees
Security – Level of safety and security measures
Availability – Number of serviced countries
Reputation – Overall feedback among players and consumers
Customer Support – Quality of assistance and speed of response
Flexepin is an Australian company, founded in 2015. The goal of the company was to provide a secure and easy way for players to make secure deposits online. This is why vouchers are their sole product. There is no e-wallet service, nor are there indications that the company is headed in that direction. Currently, Flexepin is only available to physically purchase in Canada and Australia. Other countries can buy online vouchers in four currencies: AUD, CAD, GBP and EUR.
If you purchase a voucher, the code present on it is valid for an infinite period of time. This is in contrast to other payment methods like NeoSurf, which limit how long their vouchers last. However, there are limitations on these vouchers. For one, all your combined vouchers cannot be worth more than AUD 5000 or your local currency equivalent.
Each voucher also has a ‘use by date’. If you do not use it by then, a £2 fee or your local currency equivalent is charged for that card. If you want to refund money on the voucher, you can do so free of charge up to 14 days after it has been issued. If more than 14 days has passed, a redemption fee of £15 or your local currency equivalent will be applied. Refunds are only possible on voucher cards that have not been used.
Purchasing a physical Flexepin card is limited by location. However, it is the most secure way to handle matters. You buy the card and then use it online. You do not need to expose your banking information to the internet at any moment. Flexepin vouchers can also be bought online, and the company does its best to guarantee secure transactions. However, you still have to pay for it using another payment method, which somewhat defeats the purpose of using Flexepin.
Once you have a physical or online voucher, it is very easy to use. Go to your online casino of choice, and select Flexepin as a payment method. This will open a separate window, where you need to enter the 16 digit PIN present on all vouchers. The company has a Merchant Website Lookup. You can use it to double-check that the URL you are entering is an authorized Flexepin merchant. Rather useful to avoid scammers!
After entering the PIN, all the funds on that voucher are immediately transferred to your casino account. No money remains on the voucher, and it is impossible to reverse a transaction. If you want your money back, you will need to contact the merchant directly. The voucher cannot be re-used or topped up after it has been used once already.
Unfortunately, the answer is no. As it currently stands, Flexepin vouchers can only be used to deposit money. Unless the company decides to go down the same path NeoSurf did and open an e-wallet, that will not change.
There are no fees when it comes to depositing money via Flexepin. There is a fee built into the cost of the voucher you purchase. We think this is a fair way of going about it. You can see the cost up-front, and you do not have to worry about any hidden costs. If there are deposit fees, they are on the casino’s side and have nothing to do with Flexepin vouchers.
That said, you do have fees if you do not use your card by a specific date. While you can keep the card longer than that, you will have to pay a £2 fee every month. If you choose to refund the voucher 14 days after purchasing it, you also have to pay a £15 fee. Requesting a refund before the 14 days are up means you do not have to pay anything.
Hats off to Flexepin, they make just about all the information on their website super accessible! The FAQ page answers a great deal of questions. We also advise briefly skimming through the Terms and Conditions too. It answers a few questions that are not answered in the FAQ, like the cost of the above-mentioned fees! That said it is not mandatory. The website and FAQ are more than enough to get your bearings straight.
The company also has two ways of contacting them. You can use Gobot, which works similar to a live chat system. Alternatively, you can send them a message on a set subject. Once you hear back from customer support, they are polite and helpful.
Security is the biggest benefit of using Flexepin. That said, without a secure way to withdraw funds, we are not sure if it is worth it. You still need to link another payment method in order to withdraw money. That being the case, the security advantage Flexepin offers is somewhat wasted.
One advantage it has over competitors is the lack of deposit fees. If your primary payment method applies a fee when you deposit money, it may be worth using Flexepin instead. While far from perfect, the company has a lot of room to go. Either by adding an e-wallet service or making voucher cards reusable for both deposits and withdrawals.
Currently, not many online casinos allow you to deposit with Flexepin. However, the list of operators that accept this payment method is growing quick with each passing day.
Flexepin vouchers use a 16 number PIN that you enter to issue the payment. You can use the company’s website to confirm the URL is a valid Flexepin merchant. Your actual banking details are never exposed during the whole process, which is awesome from a security perspective.
The only service we know of that is remotely similar is NeoSurf. Like Flexepin, it offers secure vouchers as a method of payment. However, Neosurf also has an e-wallet component, reusable vouchers and the ability to withdraw funds.
Due to Flexepin vouchers not being reusable, it is impossible to withdraw money with them. That means casino goers will have to use another payment method to withdraw their winnings.
Physical Flexepin vouchers can be bought in several locations in Canada and Australia. If you live outside of these areas, you have to buy an online voucher, which is available globally.