Providers of online payment services strive to innovate their solutions and offer their customers convenient options that grant 100% safety. We are all looking for methods that will enable us to carry out our transactions in a smooth and fast way, without having to reveal sensitive information to the online gaming operator we have signed up with.
Skrill is one of the leaders in the market, offering its customers a reliable e-wallet that allows them to fund their casino accounts and clear their winnings from it almost instantly. In 2016, the Paysafe Group, a company behind Skrill, launched yet another solution which may come in handy when it comes to online casino banking. It is Rapid Transfer, an instant bank transfer payment method that allows users to instantly move money from their bank account to their wallets.
If you want to find out all about how Rapid Transfer by Skrill works and how to use it for online gambling, you have come to the right place. This is a comprehensive guide to this payment method that will include all the aspects of Rapid Transfer along with the advantages and disadvantages of using it for online casino deposits and withdrawals.
Rapid Transfer may not be supported by as many online casinos as Skrill, but you will still find reputable operators that allow you to use it to make transactions. They include CasinoBloke-approved gaming establishments like 888casino, BitStarz and 7Bit Casino where you can both top up your casino account through Rapid Transfer.
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.
The minimum deposit requirement to qualify for any part of welcome bonus is €20, its equivalent in other currency or 0.0042 BTC. Welcome package consists of: 100% bonus up to €100/1,5 BTC and 200 free spins on your 1st deposit; 50% bonus up to €100/1,25 BTC on your 2nd deposit; 50% bonus up to €200/1,25 BTC on your 3rd deposit; 100% bonus up to €100/1 BTC on your 4th deposit. All bonuses (unless otherwise specified) need to be wagered 40 times before the funds can be withdrawn. Time to wager - 14 days.
18+ Full T&C's Apply. New players Only. £10 min deposit. £5 max bet using bonus. 40 x wagering applies. Bonus valid for 14 days. 30 Spins on Reactoonz will be credited instantly + then 30 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings €100. Skrill + Neteller excluded. Always refer to Bonus Terms - www.begambleaware.org
18+ Full T&C's Apply. New players Only. €10 min deposit. €5 max bet using bonus. 40x wagering applies. Bonus valid for 14 days. 20 Spins on Book of Dead game will be credited instantly + then 20 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings €100. Skrill + Neteller excluded. Always refer to Bonus Terms - www.begambleaware.org
18+ Full T&C's Apply. New players Only. €10 min deposit. €5 max bet using bonus. 40x wagering applies. Bonus valid for 14 days. 30 Spins on Starburst games will be credited instantly + then 30 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Skrill + Neteller excluded. Always refer to Bonus Terms - www.begambleaware.org
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On 8 September 2016, the Paysafe Group published a press release informing the audience about the launch of a new brand in their portfolio of payment services. It was Rapid Transfer, an instant banking solution that allows its users to upload funds to their e-wallet and complete online transactions immediately using their bank account credentials while staying on a merchant’s website.
Initially, Rapid Transfer was available in the UK, Germany, Austria, Italy, France, Hungary and Spain where it was accessible through 100+ banks. Over the next four years, it has become available to users in other European countries including Belgium, Greece, the Netherlands, Norway and more. Today, Rapid Transfer is available across 19 countries in Europe and supported by more than 170 banks worldwide. You can use it to make transactions in the following currencies: EUR, GBP, NOK, DKK, SEK, BGD, HUF and PLN.
The biggest value of Rapid Transfer according to its provider is that it keeps the convenience of traditional online banking while offering its users quick, secure and seamless experience. The good news is that the method is optimised for both desktop and mobile devices, so you can use it wherever and whenever you want without multiple logins. Payments are instantly processed while security standards are kept at the highest level, meaning that your online banking details are not stored and remain encrypted. Rapid Transfer transactions are SSL-secured and VeriSign protected.
Once you have selected an online casino that supports Rapid Transfer, choose it as the preferred payment method and choose your bank from the drop-down menu. Now you need to enter the amount you want to deposit and your online banking details and select the account you want to use to send your funds to the casino. Finally, confirm your payment. Once Skrill has verified that the amount you want to deposit is available on your bank account, the transaction is completed and the money gets transferred to the casino instantly.
When asked you for your login credentials, you may as well be asked to confirm additional security codes like SMS or one-time password (OTP). To complete your payment as fast as possible, make sure to have the code ready before you initiate the payment.
While you may come across online casinos that list Rapid Transfer under the supported withdrawal methods, unfortunately, you won’t be able to use it to clear your winnings. Choose another option, like an e-wallet or Bank Transfer to withdraw funds from your casino account.
Online casinos won’t charge you fees on Rapid Transfer deposits. However, if you use it to move your funds from your bank account to your Skrill e-wallet, such a transaction will incur a 1% fee. As for timeframes, as an instant bank payment method, Rapid Transfer enables you to transfer your funds from your bank account to the casino immediately.
If you have any issue regarding Rapid Transfer, don’t hesitate to contact the casino’s customer support. If you want to reach out to the provider of the service, you can use email, phone or live chat on Skrill’s Contact Us page and send your inquiry.
Just as its name suggests, Rapid Transfer enables users to make transactions in a timely and secure manner. There is no need to sign up for an account as all you need to complete your payments is your online banking credentials. The money will be transferred immediately and ready for wagering on your favourite casino games.
While making deposits through Rapid Transfer, you will earn loyalty points thanks to Knect, the Skrill loyalty scheme. These points can be exchanged for rewards, cash vouchers, bonuses and more.
Rapid Transfer is supported by reputable online casinos catering to players in Europe.
This is one of the most secure online payment methods as it uses high security measures implemented by supported banks. You don’t have to provide the online gaming operator with your bank account number while Rapid Transfer don’t store your online banking details. All transactions via Rapid Transfer are SSL-secured and VeriSign-protected and you may be asked to enter security codes to complete your payments.
Similar instant bank payment methods you can use at online casinos include Trustly, Giropay, Instant Banking via Citadel, Wire Transfer, etc.
The amount you can send to your account depends on the casino you have signed up with. Some operators may set deposit limits per transaction while others allow you to make payments with no maximum limit.
Rapid Transfer deposits are processed immediately.
Using Rapid Transfer for online casino deposits comes with no additional fees. However, if you want to use this solution to top up your Skrill e-wallet, you will be charged a 1% fee on the amount you want to upload.