Electronic wallets, or simply e-wallets, are highly popular when it comes to online gaming. Players use them to make deposits and transactions while keeping their personal and financial details hidden from the third parties. Since e-wallets enable you to carry out transactions externally, you can complete them without revealing your sensitive data to the online casino you have registered with.
One of the e-wallets you can use to fund your casino account and clear your winnings from it is UPayCard, a solution launched by the team of industry experts with more than 40 years of experience. Its creators say that you can work, play and pay with UPayCard and we couldn’t agree more given that this banking method is supported by some of the most exciting gambling destinations on the internet.
The service provider promises easy, effortless and above all secure payments with competitive fees through UPayCard e-wallet. In this comprehensive review of the payment method, we will analyse all the aspects of using it, including how to make online casino deposits and withdrawals with it. Stay with us to find out all the advantages and disadvantage of using UPayCard for online gambling so that you can decide whether it will be your preferred payment option.
Online casino operators strive to provide their customers with world-class gaming experience, which includes offering them a variety of convenient banking solutions. Lately, UPayCard e-wallet has been recognised by more and more online casino operators who add it to their banking section. One of the reputable online casinos that support it is Playamo. Find more gaming venues where you can use UPayCard for deposits and withdrawals below.
Min deposit $20. 50x wagering for deposit bonus. Max bet with active bonus $5. Max winnings resulting from the use of free spins $50. Bonus not available to BTC, BCH, DOGE, LTC players. Free spins added after a successful deposit and 1x wagering is met. Free spins winnings subject to 50x wagering.
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 100 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 All bonuses (unless otherwise specified) need to be wagered 40 times before the funds can be withdrawn.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.
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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
UPayCard is a service provided by the UK-based company Moorwand LTD that offers a range of payment solutions and holds an FCA licence. Besides an e-wallet we present you in this article, the company also offers prepaid cards, bank wire transfer as well as crypto wallets. The founders of the company have experience in a reloadable pre-paid card business they have combined with the latest technology we offer modern banking solutions that will meet the needs of customers worldwide.
When it comes to UPayCard e-wallet, it enables users to send and receive money online. Besides, you can use a UPayCard physical card to withdraw the funds from your e-wallet as well as to pay services and goods or withdraw money from ATMs. In order to set up an e-wallet, you need to sign up for a UPayCard account on the provider’s official website.
Once you have activated your e-wallet, you can log in your account and move the funds from one location to another by using the Transfer Money tab. What’s more, the solution allows you to automate the transfer of funds. However, each user can register only one UPayCard e-wallet.
While being a relatively young payment provider, UPayCard has managed to offer its services around the globe and today it supports more than 20 currencies, including Bitcoin. Besides supporting EUR, USD and GBP, in 2017, the provider started the expansion into new markets in Asia and the Middle East by adding more currencies, including CNY, JPY, HKD, SGD and AED.
You can use UPayCard to top up your casino account at online casinos supporting this e-wallet. Go to the cashier and choose it as the preferred payment method, then enter the amount you want to send to the casino. You will be transferred to the UPayCard login page where you need to provide your credentials to complete the transaction externally.
Yes, e-wallets allow users to request online casino withdrawals and UPayCard is no exception. The procedure is the same as with depositing, you just need to select this e-wallet as your preferred withdrawal method. If you are wondering what methods you can use to withdraw money from your UPayCard account, the good news is that there are many ways to do it. You can use Bank Wire Transfer to move the money to your bank account or you may purchase a Virtual or Physical UPayCard Card to cash out the funds.
Typically, online casinos won’t charge any additional fees on using UPayCard for deposits or withdrawals. However, uploading funds to your e-wallet and withdrawing money from it incur fees set by the service provider. They vary based on the banking method you use and the country of your residence. For instance, if you come from any of EU countries and you use Visa or MasterCard to top up your e-wallet, you will pay a 1.2% fee, while users from the rest of the world will be charged a 2.9% on deposits via the same methods. If you upload funds in Bitcoin, the fee would be 1%.
When it comes to withdrawing funds from your UPayCard e-wallet, it incurs a €10 fee for EU residents and a €25 fee if you are a resident of a country outside the EU where the service is available. Besides, transactions made in other currency than the one you have set you e-wallet in, you will have to pay a 3% fee.
Deposits via UPayCard are processed instantly, while withdrawals may take longer, depending on a pending period needed for the operator to approve your cashout request. As for clearing funds from your UPayCard e-wallet, it may take up to 3 to 7 business days, depending on the preferred banking option.
Besides customer support provided by the casino you have signed up with, you can visit the UPayCard official website to learn more about this payment solution. Visit the FAQ page or get in touch with customer service agents via live chat or email [email protected].
This banking method provides you with fast and secure service and you can choose from more than 20 currencies to carry out your transactions. All your personal and financial data will be protected by the SSL encryption and you don’t have to share them with the casino since transactions are completed externally. Besides, the 2-factor authentication adds another layer of security, so you can have peace of mind while using UPayCard e-wallet for online gaming. Besides, you are allowed to use Bitcoin to top up your e-wallet.
There are a few online casinos accepting UPayCard as it is still a relatively new payment option.
UPayCard transactions are completely safe thanks to the high security measures the service provider employs.
UPayCard is an e-wallet, so similar methods to it include PayPal, Neteller, Skrill, WebMoney, MuchBetter and more.
There are no limits set by the service provider for UPayCard e-wallet users. On the other hand, online casino operators may limit how much you can deposit and this amount varies from one gambling site to another. At Playamo, for instance, a deposit is limited to €4,000 per transaction.
Deposits via UPayCard are processed instantly whereas withdrawals may take longer due to the time needed for the approval of cashout requests.
While you won’t be charged by online casinos for using UPayCard, topping up your e-wallet and withdrawing from it is subject to fees that vary on the banking method you use and the country of your residence.