iWallet is an e-commerce service provider and an online remittance service that facilitates micropayments. This eWallet is mainly focused on Asian countries and is one of the popular banking methods in the Asian online casino market. iWallet is available in almost 150 countries, except the USA and Hong Kong, and has offices in the UK, Hong Kong, and the Philippines.
iWallet allows gamers to make instant online casino deposits free of charge. It also offers an international prepaid card you can obtain after opening a free account. This prepaid card allows users to fund online casino balances, shop at retail stores or online, and withdraw money from over one million ATMs worldwide.
iWallet is a very convenient payment processor as it doesn’t require ID verification to register an account. It also offers foreign exchange services and real-time deposits and withdrawals. Furthermore, it enables clients to make payments in 12 different currencies: EUR, USD, GBP, JPY, HKD, SGD, CNY, PHP, IDR, MYR, VND, and THB. In October 2020, the service introduced cryptocurrency deposits, including Bitcoin, Litecoin, and Ethereum.
iWallet is popular among players in Asia as it allows fast transactions and protects the clients’ identity. These features are essential for all gamers, so it doesn’t surprise that some of the most famous online casinos accept iWallet payments. If you wish to learn more about this eWallet, Casino Bloke is here to help. Keep reading to learn how to open an account and how to use it for online gaming.
iWallet is popular among players in Asia, but many world-leading providers also accept this payment option at their online casinos. Some of them are Royal Panda, PlayOJO, 888casino, and King Billy. Casino Bloke brings you a full list of the best iWallet online casinos to help you decide which one best suits your gaming preferences.
Maximum winnings that will be paid out resulting from a free bonus or free spins without deposit will be 100 EUR or currency equivalent. In regards to BTC players, the maximum winnings that will be paid out resulting from a free bonus or free spins without deposit will be 15 mBTC. Any winnings exceeding this amount will be forfeited. Wagering Requirements for Free and Registration bonuses are forty (40) times the Bonus sum awarded to you, unless stated otherwise in the supplemental Terms and Conditions. General bonus terms and conditions apply.
Min deposit €10. Max bet €5. Wagering: 30x. Bonus valid for 30 days unless otherwise stated. Free Spins will be given in the following way: 20 Free Spins will be credited to the player’s account every day, for a period of 10 days. The first set of Free Spins will be added to the player’s account after the player has fulfilled the wagering requirements: 1x wager of deposit's amount in 23 hours.
First time depositors only. Min. deposit €10. Maximum amount of Free Spins is 50. No wagering. Game: Book of Dead - Spin Value: €0.10 per spin. Excluding new players in Northern Ireland. OJO's Reward and Game Play Policy Applies.
18+, first deposit only. 100% matched bonus up to €100. Min. dep: €10. Deposit restrictions apply. Free spins: Starburst only, no deposit required. Wagering x35. T&Cs apply.
18+. New UK customers only. Opt-in required. 20 Bonus Spins on "Book of Dead" and 100% Deposit Bonus up to £25 on first deposit. Min deposit £10. 30x wagering requirement for Bonus Spins and 30x wagering requirement for Deposit Bonus (game weighting applies). Max £5/spin or £0.50/line or £50/round (live casino). 30 days expiry. T&C's Apply. Please gamble responsibly. www.begambleaware.org.
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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
iWallet Limited was established in 2009. The company is based in Hong Kong, but it has an office in London (IWALLET SYSTEM EU LTD.) and a branch in the Philippines. The company defines its business model as a comprehensive transaction service system that simplifies online micropayments and small transactions.
iWallet is especially popular in Japan, China (except Hong Kong), and Malaysia, focusing on expanding its business in other Asian countries. This flexible e-payment offers its services to both individual and business clients looking for a safe and convenient online payment method with low fees.
Opening the account is fast and easy, and it’s free of charge. It only takes a few minutes to finish the registration procedure. The verification link you’ll receive in the email is valid for ten days. iWallet account payout limit is $1,000 (8,000 HKD) for clients without KYC documents. If you want to upgrade the account and increase the limit, you need to follow the KYC procedure and provide necessary verification documents: proof of identity and proof of address. The verification process lasts 1-2 days.
The system allows only one account per person, and the email address used to open an account is the login ID, so make sure to enter a valid email for your registration.
Besides 12 fiat currencies, iWallet now provides Cryptocurrency Deposit Solution that accepts BTC, XRP, LTC, BCH, ETH, DASH, ZEC, which will reflect in your account in EUR.
The users can top up their accounts using an international wire transfer, domestic bank transfer, bank cards, and cryptocurrencies. For international bank transfers, iWallet cooperates with reliable banks to manage their deposit and withdrawal transactions, allowing clients to depositing funds to iWallet’s designated account in one of those reputable banks. The money will be credited to their iWallet accounts as soon as the service receives the funds.
Local bank transfer is available only in Southeast Asia (Vietnam, Thailand, Indonesia, and Malaysia), while other local bank transfers are for China and Japan. Gamers from China can deposit funds via China UnionPay Card, while players from Japan can use local JP bank vouchers.
The customers can use international bank transfer to send money to their bank accounts or withdraw funds to an iWallet-purchased prepaid card that enables users to withdraw the money from an ATM in the local currency. In China, players can withdraw funds to personal bank accounts via local bank transfer. In Japan, gamers can transfer money from iWallet account to their bank with Transfer Agency Service. For other Southeast Asia countries, clients can withdraw money via local bank transfer.
Depositing with this iWallet is quite easy. Just go to the banking page, find this eWallet, select it as your preferred payment method, log in using your ID (email address) and password, enter the amount you wish to deposit and confirm the transaction. You can also use your prepaid card, just make sure there are sufficient funds before you hit the deposit button.
The withdrawal from your online casino account is similar to making a deposit. Go to the banking page, find iWallet, select it as your withdrawal option, enter the amount, and that’s it. Your winnings will be transferred to your iWallet, and you can then send the money to your local bank account or a prepaid card.
You can cash out the winnings with iWallet without a problem, and the process is as effortless as when you made a deposit. However, we advise you to check the casino’s payment page before you fund your online casino balance to see if iWallet is listed within withdrawal options.
The good news is that online casinos don’t charge transaction fees for iWallet payments. Furthermore, iWallet deposits with international bank transfers are also free of charge, and the service itself doesn’t apply any monthly account maintenance fees.
However, iWallet charges a 2.8% fee for domestic transfers (available only in Southeast Asia). Also, the new cryptocurrency deposit service is subject to a 2.8% processing fee. In comparison, players from Japan who decide to use Japan Remittance Voucher to top up the account need to pay 5% for this service. Withdrawals with international bank transfers are charged 0.5% (minimum $35).
iWallet online casino deposits are instantaneous, as long as the account is funded. If you decide to top up your iWallet account with an international transfer, be aware that it will take 3-5 banking days for the funds to reach iWallet appointed bank account. You will then have to wait one more business day before seeing the money in your iWallet account.
In case you want to use a domestic transfer, the transaction timeframe is 1-2 business days for the bank to receive the funds and then another 3-5 days for the money to become available in your iWallet.
So, before visiting the banking page, make sure you have topped up the account on time.
In case you have any problem or question about this payment method, you send a direct email to [email protected] The company also has an online form and reply to inquiries within 24 hours during business days. The customer service is available in English, Chinese, Japanese, and Korean. Also, you can reach out to customer support from your iWallet account.
The main benefits of this eWallet are its flexibility, the clients’ identity and financial data protection, the highest security standards used to ensure all transactions are secure, and low fees. Furthermore, it offers a prepaid card you can use to fund your online casino balance, shop in a retail or online store, or withdraw money from an ATM in your local currency. As with any other prepaid card, you don’t have to worry about spending more than you should. Also, deposits are processed instantly, so you won’t have to wait long before you can visit the casino lobby and start playing your favorite games.
Yes, you can. iWallet is accepted in over 100 countries worldwide, with just two exceptions: the USA and Hong Kong.
Online casinos don't charge transaction fees for deposits and withdrawals with iWallet. This payment method is free as it doesn't have any account maintenance fee. However, there are charges for certain services, so we advise you to visit the official website to learn more. Some of them are a 0.5% charge for withdrawals with international bank transfer, a $20 account inactivity fee (applied after 180 days since the last transaction), and a $50 account closure fee.
Yes. iWallet adheres to AML (Anti-Money Laundering) policies that include enhanced KYC measures, and it adopts industry-leading technology such as SSL encryption and an up-to-date firewall.
iWallet allows withdrawals from online casinos and the procedure is very simple. When you transfer the funds to your wallet, you can credit it to your bank account or iWallet prepaid card if you have it.
Yes, you can. iWallet introduced Cryptocurrency Deposit Solution in October 2020. It supports the following cryptocurrencies: BTC, XRP, LTC, BCH, ZEC, ETH, and DASH. To use this service, login to your iWallet and open the Deposits Tab, where you'll find the Cryptocurrency Deposit Solution.