For remittance money to game account and withdrawing it tens ways are offered often. Names of little known payment systems flick: e-gold, e-port, PayPal, PayCash, EvoCash, Assist, Rapida etc. But don`t be too hopeful – there are not very many real ways to remit money and take gain. Let`s stop shortly on payment internet systems.
Electronic money systems appeared in the middle of 90th in last century, sensitively reacted on electronic commerce`s growth in USA. Now more than 20 companies can be counted which offer service and trade payment services in global scale, but using incompatible technologies. Possibly there was no such remarkable supplanting of traditional payment means from target market because of the real market leader and qualitative safe technologies of transactions remittance absence exactly.
Factually there are two types of technique realizations for electronic money systems. The first, expensive one has serious financial support but not really spread enough, is Mondex, made in common with MasterCard/Europay. The second type of electronic money is realized attempt to entrust smart-card`s functions to software and computer of client and seller. The big demerit of such systems is that they were made for USA mainly and for their conditions. Their transfer to European actual is accompanied with little mutation, the case of which is to adapt to style and methods of business conduction. But as a result of such changes one of the main advantages of electronic money loses and electronic commerce at all – an ability to make shopping without going out from home.
In original realization means usually remit to a processing centre account with money card and it get to payment system practically immediately. After installing of necessary software guarantying safety settlings and sometimes even saving all virtual money, customer goes to seller’s site connected to the same system and conducts transaction. Information about money receiving seller gets immediately, real amounts remit to bank account by payment system some later. In the same way account replenish and withdrawing of money conducts, everything conducts in real time regime.
The target seems to be reached – quickly, cheap, without going out from home. After transferring the system to local market everything turned out not so easy. Complication of money cards using leaves only two variants for choosing of money remittance way. The first is to bring cash to processing centre office – the cheapest but not the handiest, especially if there is no such office in a city (and there are no offices anywhere almost, except capitals). The second – traditional – remittance cash by bank to noncash account of processing centre, connected with costs for bank service and with not always operative money remittance to virtual account – about two-three days.
It`s interesting that almost in every payments systems agreements there is a point according to which systems itself don`t carry any responsibility for clients’ money. However that is not all. One of the most unpleasant moments connected with electronic money is their absolutely legislative vagueness.
PayCash is European development of anonymous online electronic money system. It works only with installing of client’s software under Microsoft Windows, though buyer and seller are absolutely equal in rights before system’s operator named “Bank” and use the same software named “Wallet”. For money remittance by PayCash it is necessary to remit means by real bank to payment system operator’s account. Then, with the help of “Wallet”, money from operator transfers to created payment book and is situated there constantly. Payment procedure is easy enough and boils down to checkup the information about customer by seller in bank.
Webmoney Transfer operates on Russian market since the end of 20th century and is the most popular system of instant money remittance. It spreads in Russian Internet segment mainly, operating with rubles and USA dollars and doesn`t support officially in other countries. Technically the system realized as online electronic money with central processing centre where means save, and requires rubles remittance to Russian bank account or dollars on IMTB Bank (USA) account. It is possible to buy special card with fixed quantity of means like service cards for paid access to Internet or mobile connection.
Accounts between participants conduct by simplified scheme – means remittance from wallet to wallet or by invoice submitting with the following reception or not reception it with payer, when account accepted money remit automatically. Another application of this payment system is interesting too – quickly and rather cheap money remittance to Russia in evasion of local laws. Both systems conduct internal accounts in Russian rubles and USA dollars and conduct it by Russian banks. The conclusion can be made of all said upper, rather deplorable for other European users – nowadays using of “electronic cash” in payments with internet casino is unreal for Europeans or troublesome at least.
However there are more traditional and accessible ways of payment using by virtual internet casinos.
Remittance/withdrawing of money with bank draft/check. The very slowly way. You complete necessary amount and Essential Elements of casino in check and send it to showed address. Taking into account the European specific it can reach a customer after from two weeks to some months. After it check verification in bank is possible, which takes some time too. When withdrawing money casino sends check to address showed by you during registration. After check’s receipt (from two weeks to some months) you carry it to a bank where it cashes for defined commission. Demerits are obvious: post leaves much to be desired. Check can be lost during its’ road or it can be steal from letterbox. In the last case you’ll have to conduct a boring correspondence with casino proving that check was not received. They will give you back money, but time and nerves…
Accounts with the help of credit card. Time of money remittance is from some seconds to few minutes. The most spread cards accepting for payment are Visa and MasterCard. (Visa is better because there are casinos working with this payment system only.) Minimal remittance amount is shown on internet casino’s site. There are limitations of operations number during one day and total month sum, but they are not essential.
The process of returning back money to credit card takes one-three weeks usually. Remittent service costs money, in the most cases it is about one dollar for operation. You can also withdraw money from casino’s account with the help of remittance to card account (Wire Transfer). You complete you bank and account essential elements and after two-four days you’ll transfer with money. This service price can vary, but it is usually about 10 dollars. Merits: minimal sum of remittance is usually from 150 dollars and higher.
So, the optimal way for remittance/withdrawing of money in casino is combination of Credit Card and Wire Transfer. Other ways should to be used only in the case of absolute necessity.
When accounting with internet-casino you have to consider existing rules of payment. The main principle, which all internet casinos hold during winning payment, is to hold your money such long as possible. That’s why they don`t remit money won by player immediately on his card, but use other ways of payment. (Player can get on his card only amounts which don’t exceed all remittances sum, conducted of this card to this concrete internet-casino.) The most spread types of winning payments, which are practiced by internet-casinos, are check and bank remittance, rarer remittance with Western Union. There are limitations for minimal paid winning sum also: that is usually 25-50 dollars for check and 75-100 dollars for bank remittance.
You’ll get your gain by check after some months only. Bank remittance is more admissible. Internet-casinos transfer it during 7-15 days usually.
Internet casinos usually don’t transfer won money in the same day when you report for it, but waiting for about from three to ten days. Acting in such way casinos gain some time, at the same time allowing to plus ordered for transfer amount to the main player’s account. This entire are making in hope that player will change his mind during some days and decide to continue a game.