New Mobile Payment Methods On The Rise In The Online Gambling World
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E-commerce has become a huge industry over the last two decades. And in the last 10 years especially, more of our online shopping habits have gone mobile.
All types of niches, including online casinos for example, now have a heavy mobile influence.
Customers are gradually doing away with their clunky PCs and replacing them with smartphones to shop online.
As the mobile market grows, payment products have to keep up with the times. It’s all very well providing an online marketplace to showcase your products, but you need the convenience and speed of mobile payments to match.
In the gambling industry, choosing to use a pay by mobile casino is the very latest trend. There are several platforms that fall within this area. But some are more truly mobile than others.
Let’s take a look at some of the options. Moreover, we’ll break down the benefits so you can decide if they’re right for you.
Boku & Payforit
For UK customers looking to use a pay by phone casino, these two brand names are the ones to look out for.
Gambling operators have recognized the need to give their customers swift access to funds in a variety of ways. And using cash that is otherwise reserved for making phone calls is a great way to fund your wagers at a top gaming site.
And when a casino brand offers the option for mobile payments, they are generally talking about the following two formats.
Using your call credit is an unlikely option. However, it has become incredibly popular over the last few years. And the reason is that it is one of the safest ways to deposit funds at pay by mobile casinos. You can find lots of casinos that let you pay by phone at casino.xyz.
Also, you won’t need any bank details to get funds into your account using this type of product. You simply need a mobile phone with some top-up credit. This credit is then available to transfer into your casino account.
Simply select one of the pay by phone casino providers when you go to the cashier section. After that, select mobile credit and the cash will transfer straight from your top-up balance and into your casino account balance. It is all done using your phone number.
But while there are certain benefits to using this, there are downsides as well.
The transaction limits are very small.
The maximum that you can transfer at any one time it’s just £10. And you can only perform this three times in one 24-hour period.
As a result, you will not be able to play any high-wager games. But this may not be a problem if you are looking to keep your gambling hobby quite frugal and low-key.
And the other major downside is that you cannot use this method to complete withdrawals. If you win some cash at your favorite casino site, then you will need to enter another form of payment to receive the winnings.
Pay by mobile monthly bill
This payment type works in a very similar way to the one above. The major difference here is that the cash comes courtesy of a monthly bill rather than top-up credit. Any cash that you deposit using this method will be automatically added to your phone bill at the end of the month.
The transaction limits are just as small as with the credit option. And again, you cannot use this method to complete a withdrawal.
Other mobile payment methods
As we said before, there are many payment platforms that work using your mobile phone. And while the following products may not strictly be classed as pay by phone casino methods, they are still worth a mention.
Apple Pay & Google Pay
Apple Pay and Google Pay are essentially e-wallet products. You can add a bank card to your account and then use the Apple pay or Google pay app to make a payment using your physical smartphone. There is no need to log in when you want to make a payment if you are there in person. This software on your phone will perform a contactless transaction.
When you are making a deposit as a pay by phone casino, you will need to simply verify the transaction via a message that comes to your e-wallet app. Unfortunately, only Apple Pay seems to be an option at UK casinos.
Zimpler
If you are using pay by phone casinos in some Scandinavian countries, then you can access the Zimpler payment platform.
You will need to register an account with Zimpler before you can pay. But this can be done at the same time as making your first deposit. Simply tell them which bank card you wish to attach to your account and how much you want to deposit.
Finally, you will receive a text message with a security code. Enter that into the pop-up screen at the casino and you will be on your way. Future payments only require you to enter the security code and amount each time.
