The Advantages of Using Entropay at the Online Casinos
Entropay uses the slogan ‘pay like a local’ in its advertising, which pretty much means that it can be used anywhere that Visa is accepted. In essence, it is a virtual card, which is accepted in more than 120 countries, including most of Europe, Australia, and the USA. It offers users a high level of anonymity during purchases, as no personal or financial information needs to be exchanged during transactions, and this is one of the reasons for its popularity at the online casinos. The other key advantage is the speed of service. It takes just 30 seconds for transfers to be completed.
An Overview of Entropay’s Virtual Visa Cards
There are an increasing number of online casinos that accept Entropay. One of the benefits for players is that you can have ten cards in use at any one time, and each of these can have its own limit, which gives you complete control over your budgeting. An unlimited number of cards can be created from the one account, and these are disposable, so they can be deleted after just a single use. They are reloadable too, and so if you wish to keep one or more of them, you will be able to top up your funds. You can use a credit or debit card to do this, or alternatively, you can make a bank transfer. It takes between 2-7 working days for the sum to be cleared with this method.
The Different Types of Accounts Available
There are two types of Entropay accounts – the standard and classic.
- The classic version is for users who are resident in countries that have restrictions on online gambling. Currently, these are Israel and Turkey, as well as the US and its territories. The classic cards are only available in USD.
- The standard cards are for users in all other locations, and they can be created in either US dollars, in GB pounds, or in Euros. Additionally, there are three levels to choose from, which are referred to as Basic, Standard, and Pro.
Each of these has different maximum deposit and withdrawal limits. In a few cases, there are some country specific limitations, too.
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Setting up an Account with Entropay
The single requirement for opening an account is to be a holder of either a MasterCard or a Visa, as this will be used to fund your Entropay wallet. The wallet is then used to create your virtual cards. The registration process itself is very straightforward, and merely consists of completing the online form. The only details required are your name, email, date of birth, and country. You will also need to choose your preferred currency, and to select a user name and password for your account. From here, you can click on the ‘create card’ tab, and then use the number on the virtual card to add funds to your online casino account.
The Process of Making Transfers
In addition to providing virtual cards, Entropay has launched an additional service for making money transfers. This scheme is still in its Beta stage, and anyone who wishes to use it is invited to join the waiting list. The transfer facility is open to people located in an EEA country, who will be able to send cash to a friend or a business with just a name and an email address. To make use of this facility, both the sender and the recipient need to have Entropay accounts. The real benefit is that the transfer only takes around 30 seconds to be completed.
The Fees Associated with the Services
There are some fees for a few of the Entropay services, although it is free to create a card and to use it online, even overseas. The charge for topping up an existing card differs, depending on your location. Account holders in Europe will pay a fee of 1%, but elsewhere, this is set at 4.95%. There aren’t any fees if cash is transferred to you. However, although it’s free to make a transfer from an Entropay wallet, there is a charge for transferring with a credit or debit card. There is also a cost attached to withdrawing money to your bank account.
Some Final Points about Security
Entropay is PCI-DSS level 1 compliant, which means that it is subject to the same regulation as a bank. All financial data is encrypted during any transfers, and you can check your transactions by clicking on the ‘my account’ tab once you’ve signed in.
From time to time, you may be asked to verify one of the details on your account, and if this is the case, you’ll receive a message by email. You will then need to log into your account and follow the instructions. This usually involves entering the code that you have been sent. The support center provides a detailed range of FAQs on the site which cover a wide range of topics, but if you wish to speak to someone in person, you can do so via email or on Twitter.