The Asian online gambling industry is a leading force on the market. With a billion dollars annual revenue and a devoted player base, a new payment method is always going to be well-appreciated. If reliability and security are what you are looking for when wagering money online, iWallet may just be the right choice.
iWallet is a pre-paid card system customers can use to make transactions in online casinos. Mainly focused on the Asian market, particularly Japan, China and Malaysia, this Hong Kong-based company is already proven a great product delivery with a high standard. Simple and easy to use, iWallet allows users to deposit money via bank or credit card, with a debit method coming soon. Their services are available in the majority of the countries except for the US and Hong Kong, and they have offices throughout Europe and Asia.
The iWallet team is growing and their reach is expanding at a rapid rate, with a clear goal of covering most of the Asian micropayment market. Here at CasinoDaddy.com, we try to cover all the major payment providers, supported by the online casinos. This article is going to investigate all the benefits of the iWallet prepaid cards, and why it’s so hugely popular among Asian gamblers.
iWallet is extremely popular on the Japanese gambling scene, thanks to the low fees being applied. This approach has turned into the company’s biggest advantage and greatest selling point, making it a valuable option when making money transactions. Their service is easy to use even if customers are not familiar with how prepaid cards work. This card has an international branding, and you can use it in more than one million ATMs around the world.
Customers can open an account without the need for an ID verification. There are 12 accepted currencies, including USD, EUR, GBP, JPY, SGD, CNY, HKD, IDR, PHP, MYR, THB, and VND. You can also exchange foreign currency conveniently on their site.
Depositing with iWallet is easy. The first thing you need to do is to create an account on their official website. You will receive an online prepaid card and can fund it with money from your bank account or other means. As we already mentioned, there is no need for ID verification. This means that it will save you extra time and effort, allowing you to focus on more important things.
To start using the iWallet services in an online casino, you need to head over the “Payment Methods” page and make sure they are being supported. If you find their logo from the menu you are ready to go. Of course, you will have to register on the casino platform first. There isn’t anything complicated to that process, and the operator will guide you through. It will take a few minutes and you will need to verify your account via phone text or email. Once you are done with that, you may proceed with making your first deposit.
Depositing money with iWallet is instant. Find the “Cashier” page of the casino and choose iWallet from all the options. You will need to confirm your transaction, and your money will be safely transferred to your newly-created casino account. You can use their service to withdraw your winnings as well. The process is almost identical, but it will take a few days for the transaction to complete.
• Simple to use;
• Fees are competitive with other similar services;
• Instant deposits and fast withdrawals;
• High level of protection of your data and transactions;
• Pre-paid cards can be used in more than 1 mil ATMs worldwide.
Pinning down the best new operators on the market is a CasinoDaddy.com specialty. Our team follows closely the newest casinos opening for clients each month. Our “newcomers of the 2020” page has every notable casino that appeared on the scene listed and examined. You can find a full-length review and a useful insight into the greatest features they have to offer.
The one thing we always include on our casino review pages is the payment options. If this article got you interested in the iWallet service, you can rest assured that we will include it in every new operator we review, where it is available.
The Live Casinos are the section of an online casino, delivering the true casino experience to players worldwide. The 21st century brought a new level of technological advancement, allowing us to use the latest software developments to enjoy the land-based table games in from of the screen.
Casinos accepting iWallet as a valid form of payment are ideal for live dealer games. Smaller deposits are the best way to try these types of games and see is the casino offers what you are looking for.
Many online casinos are optimizing their mobile platforms. The convenience to play from your smart device from anywhere, anytime is truly exceptional. Players can enjoy their favorite video game titles on any mobile device with a good internet connection.
Most of the features the casinos offer are present on the go, with a simplified and easy to navigate layout. iWallet is a great payment method that allows for safe money transactions, making it possible to gamble from your PC or smartphone right away, with instant deposits.
iWallet services are available in many countries. Unfortunately, the US is one of the exceptions (together with Hong Kong), where iWallet isn’t available. To make sure you can use their product, you need to check your card issuer or bank institution's official site.
Most places should have a list of all supported services. If you can find it, a great way to figure things out is to contact the customer support of your provider, or iWallet itself. Prevalent in the Asian region, players from the Far East will enjoy more benefits than other countries.
There are many bonuses iWallet users can enjoy. You can check our page with the best casino bonuses of 2020, where you can find all the useful information about the different types of bonuses. Our readers can also find the best places to claim the most exciting offers. There are exclusive casino bonuses, obtainable only by our readers.
They come in all shapes and sizes and are provided by some of the greatest operators on the market. Another common type of bonus is the 400% Casino deposit bonus, which gives players a lot of money to play around with. Cashback bonuses are also popular, giving gamblers a return to their losses that can be anywhere from 5%-20%.
The fees when using iWallet are one of the smallest on the market. They vary from 0.5%-2.5% for both depositing and withdrawing. These values depend entirely on the country you are located in. For example, Chinese customers will be taxed 1.80% if depositing via UnionPay and 1.60% via local banks, while Japanese users are taxed 2.3% when making deposits.
The withdrawal fee for customers is around 0.05% of the amount being withdrawn, but that amount depends on the country. To make sure you are entirely familiar with the taxes applied when depositing and withdrawing, check out their official website and the casino payment page.
Depositing via credit or debit card with USD, EUR or GBP will occur immediately. For international bank transfers, (outside of Asia), the processing time will be around 3-4 business days when withdrawing. The time depends entirely on the bank institution, but it wouldn’t take more than a week. If that happens to be the case, the official site of iWallet recommends contacting the customer support.
Just like with any other payment solution, there are the minimum and maximum deposit and withdrawing amounts. The lowest you will be able to deposit at once is usually around $10, while the maximum money you can withdraw can be anywhere between $5000 and $10,000.
Yes, iWallet supports both deposits and withdrawals in a very user-friendly and safe way. The procedure is just as simple as any other transaction using a digital wallet.
iWallet deposits are instant; once the transaction has been initiated, the deposited amount will be transferred to your casino account in a blink of an eye.
iWallet is mostly available in Asian countries. However, to make sure you can use their services, check their website and your bank or card issuer online page.
You can find casinos that accept iWallet right here, on this page dedicated to this payment service. We have filtered the casinos that accept iWallet deposits and you can locate those operators at the beginning of the article.