With online casinos striving to cater to many players and allow them smooth virtual gambling, more payment methods are being added to the supported payment solutions of casinos. One of the newest ways to handle your gambling bankroll is via Flykk. This is a payment method that enables instant and secure payments via an electronic money account that consumers create with the company.
To make payments even smoother and easily accessible, Flykk also provides a dedicated app that is compatible with both Android and iOS devices. That enables players who enjoy gambling on the go to be also able to handle their casino funds with ease.
The service of Flykk supports various features that allow users to receive and send money, without having to wait days for their transactions to be processed. What is more, the payment solution is extremely budget-friendly, making it a very suitable option for online casino fans. Unfortunately, Flykk is still fairly new to the gambling scene and is supported only by a small number of casinos. That said, if you can utilize the service of Flykk, you will be able to manage your bankroll in an extremely convenient way.
|Available in||countries in the EU, the UK|
|Connecting bank card/account to Flykk||Free|
|Withdrawal balance from Flykk to your bank card/account||Fees may vary|
|Pay to online merchants||Free for participating merchants|
|Available for deposit||Yes|
|Available for withdrawal||No|
|Usual deposit time in online casino||Instant|
|Usual withdrawal time from online casino||N/A|
Using Flykk for Gambling Transactions
Even though Flykk is still accepted only at a few online casinos, if you come across the payment solution, you will be able to easily use it for your casino deposits. Although Flykk is an international bank account number (IBAN) base service, it is not a bank. In fact, Flykk shares more similarities with e-wallets but it most certainly also has its specific features.
To be able to issue electronic money, Flykk has received approval from the authorities in Cyprus and the UK. As soon as you create your account, Flykk will provide you with a Basic Bank Account Number. When you request to join the service, the information that you provide will be verified in accordance with the anti-money laundering guidelines implemented by the UK and EU authorities. Once your registration is approved, you will be given an IBAN.
To cater to the payment needs of different individuals, Flykk supports payments in EUR, GBP, USD, CAD, as well as several other major currencies. Users are able to send money to other Flykk members without paying any surcharges. Additionally, the service can also be used for payments at participating stores and merchants or to fund their gaming accounts at several online casinos. Flykk can also be used for international transfers to IBAN, bank and card accounts that are based in countries outside the European Economic Area (EEA).
If you have completed the first stage of Flykk casino payments by creating your account with the service, you will be able to resort to several options to purchase electronic money. You will have the chance to choose from methods like credit cards by Mastercard, Diners, JCB, or Discover, as well as options like Klarna, Poli, PRZ24, and SEPA. No matter which method you use to purchase Flykk eMoney, you will not be charged any fees.
When you have purchased eMoney, you can head to the virtual casino where you would like to top up your gaming account via Flykk. When you select the amount of money to deposit to your casino balance, choose Flykk from the list of supported payment options. That will redirect you to a page of the service, prompting you to log into your Flykk account. Then, you will be required to verify the payment, using the transaction verification method you have previously chosen for your account. After you authorize the payment, your money should appear in your casino balance almost instantly.
Unfortunately, Flykk is not available as a withdrawal option at online casinos. That requires players to pick another option whenever they wish to cash out their casino winnings.
|Flykk Gambling Transactions|
|Deposit pending time||Instant|
|Withdrawal pending time||N/A|
|Additional security||encryption, identity verification process, clients funds are stored in separate accounts|
Advantages and Disadvantages of Using Flykk as a Payment Method
When you are considering whether Flykk is the right payment option for your casino endeavors, you can try evaluating the positive and negative sides of the service. That way you will be able to decide whether Flykk can help you handle your online casino payments.
Of course, when we are choosing a suitable deposit method, we would like it to be as fast as possible. Luckily for Flykk users, the service enables instant payments that will help them top up their casino accounts in no time. That way, players are able to place real-money wagers any time they would like to do so.
Another great advantage of Flykk is its convenience, allowing casino players easy ways to deposit to their gaming accounts. It enables eMoney transactions, with Flykk being an IBAN-based service. Users can choose from several convenient methods to purchase eMoney and use the funds to top up their virtual casino accounts. While some options may be restricted in some countries, all of the methods available to users will allow them to purchase eMoney without paying any fees.
Among the positive sides of Flykk, there is also the security of payments. While methods like credit/debit cards and bank transfers may require players to expose sensitive information, if you decide to use Flykk for your deposits, you will enjoy more secure payments. The reason for that is players being able to authorize their online casino deposits by simply logging into their Flykk account. This process does not require exposing any type of sensitive information, making the method quite safe.
Users of Flykk may also find the service’s multi-currency support quite convenient. Even though the primary currency of the method is EUR, users will also be allowed to choose from several other currencies for their eMoney payments. In addition to EUR, you may use GBP, USD, CAD, DKK, SEK, HKD, and CHF for your Flykk payments. That is very convenient as you may be able to use the same currency as the one you utilize for your online casino payments. That will eliminate any conversion fees that may otherwise be imposed.
Since mobile payments are becoming a common way for people to send or receive money, Flykk has made sure that it can also enable fast and easy payments on the go. Thanks to its dedicated app, you can install Flykk on both Android and iOS devices and enjoy hassle-free payments at any time and place. This is also extremely convenient for players who enjoy making wagers at mobile casinos and wish to be able to top up their casino accounts on the go.
While Flykk can be an extremely convenient payment option to use for online gambling, it also has several weak points. The first thing we should mention is that Flykk is yet to be accepted as a deposit method by many online casinos. As the service is fairly new, it has been added to the list of supported options only at a few online casinos. That means players may have a difficult time finding a reliable interactive casino where they will be able to make Flykk deposits.
Another inconvenience about using Flykk is the fact that the method is not available for withdrawals from online casinos. In this day and age where everyone is looking for the most convenient way to handle all of their payments, having to resort to different methods when depositing and withdrawing from an online casino can be quite burdensome.
Lastly, we should mention the fees that may occur when players are depositing via Flykk to their gaming accounts. In most cases, virtual casinos will not impose any fees on the deposits that are made via Flykk. However, the service itself may apply some fees on your payments, depending on the method you use to send money via Flykk.
Flykk Pros and Cons
Fees for Flykk Gambling Transactions
As already mentioned, most casinos do not impose fees on deposits made via Flykk. That said, make sure to check the fee policy of the virtual casino before you proceed with your depositing via the payment system of Flykk. While the casino may not charge you any fee, you may have to pay certain surcharges imposed by the service itself.
The size of the fee that Flykk may charge its members depends on the type of payment method that one uses for their transactions and the type of transaction initiated by the Flykk user. No matter the option you choose to purchase eMoney, the service will not charge you any fee. However, if users use a bank card or a local funding method to purchase eMoney and the funds are not used for payment at a merchant during any calendar month, they will be charged a 3.99% fee at the end of the respective month.
Whenever you are transferring funds to your casino account, you may be charged a different fee, depending on the method you resort to for your transactions. If you are resorting to SEPA or SEPA INSTANT to transfer funds in EUR, you will be charged a fee of €2. If the funds are sent to a local bank account outside the EEA, players will be charged a fee of €3 plus a foreign exchange fee of 3.99%. The only case when you will not be charged a fee is if the casino has a Flykk account since transactions between Flykk accounts are free of charge.
|Gambling deposit fee||Free (if casinos are Flykk members)|
|Gambling withdrawal fee||N/A|
|Bank account deposit fee||N/A|
|Bank account withdrawal fee||Varies|
|Credit/debit card deposit fee||Free|
|Credit/debit card withdrawal fee||Varies|
|Maintenance fee||3.99% fee is applied if purchased eMoney is not used within the same calender month|
Processing Time with Flykk
The methods available to Flykk users who wish to purchase eMoney will allow them to receive their funds in an extremely fast manner. If you are allowed to withdraw funds from your Flykk account, the speed of the transaction will depend on the method you are using, with different banks, for example, having different processing time frames.
Keep in mind that the first time you request a withdrawal from your Flykk account, the process may be further slowed down as you will need to verify your account. This step is required by authorities in the EU and the UK, ensuring the fintech company is compliant with anti-money laundering regulations.
When you are using Flykk to fund your gaming balance, you will also enjoy almost instant transactions. The depositing process takes very few steps between requesting to deposit a certain amount and authorizing the transaction. That enables players who use Flykk to be able to make real-money wagers as soon as they approve the deposit payment.
|Flykk Processing times|
|Gambling deposit time||Instant|
|Gambling withdrawal time||N/A|
|Bank account deposit time||N/A|
|Bank account withdrawal time||Varies|
|Credit/debit card deposit time||Instant|
|Credit/debit card withdrawal time||Varies|
With most virtual casinos having fully-optimized mobile versions, mobile payments have become a necessity for a smooth gaming experience on the go. If you have a Flykk account, you will have no issue handling your casino deposits on the go. In fact, you can always manage your Flykk funds via a dedicated mobile app you can install on your handheld device.
When you are on the deposit page of a mobile casino, you can proceed with the payment the same way you would on a PC device. Once you choose Flykk as your payment option, you will be redirected to a page of the service and you will be asked to verify the transaction. As you can see, the process is exactly the same, despite using a mobile device.
As mentioned above, you can also install the Flykk app on your smartphone or tablet and have your casino payments verified through the app. Additionally, all of the other features of the service will also be available under your finger if you download the Flykk app. That way, you can easily send money to other Flykk users as well as make payments at various merchants and stores.
The Flykk app is available to both Android and iOs users, with the operating system requirements being 6.0 and up for Android and 13.2 or later for iOS devices. To cater to the needs of different users, the app supports English, Danish, French, German, Japanese, Norwegian, Spanish, and Swedish.
Thanks to the unique IBAN Flykk users are issued when creating their accounts, one could send up to €100,000 via the dedicated app of the service. It should be noted that this maximum is valid only if your bank/financial institution allows such amounts to be transferred at once.
|Flykk Mobile Payments|
Security at Flykk Online Casinos
Whenever players are wagering their real money online, they should be sure that their funds and personal information are always properly protected. One reason why Flykk deposits are considered very secure is the lack of the need to provide any type of sensitive information. Whenever you choose to top up your gaming account via Flykk, you are not required to expose card details or any other banking information.
The company responsible for Flykk’s operations is ISX Financial EU Ltd, which has been authorized to offer financial services by the authorities in Cyprus and the UK. To be able to operate, the financial institution is required to ensure the highest level of security for its customers. That is why the funds of Flykk users are kept separate from the company’s funds, with money being held in the Central Bank of Lithuania, reliable credit institutions based in the EU, or reputable international banks.
Whenever you initiate a payment to an online casino via your Flykk account, you can be sure that your funds will be protected as the fintech company is using tools such as encryption to restrict access to any sensitive information, protecting it from unauthorized third parties. The company also utilizes other industry-standard safety tools and measures to ensure the security of your funds and personal information. Keep in mind that you need to be at least 18 years of age to be able to open a Flykk account.
Flykk Casinos FAQs
Is Flykk Accepted at Most Online Casinos?
Unfortunately, no. As Flykk is a fairly new payment solution, it is yet to be accepted by many online casinos. Currently, there is a limited number of trustworthy virtual casinos that will allow you to deposit via Flykk. That said, the number of operators adding this method to their lists of supported deposit options is constantly growing.
What is the Maximum I Can Deposit via Flykk?
Every virtual casino has a set maximum for the amount players can deposit per single transaction. It is also possible to set up a certain daily, weekly, or monthly limit for your online casino deposits. That said, if the bank or financial institution of the user allows it, one could send up to €100,000 via Flykk.
Are Casino Deposits via Flykk Considered Secure?
Yes. The company that operates Flykk’s operations is ISX Financial EU Ltd, which is authorized by respective authorities in Cyprus and the UK. The fintech company is required to follow anti-money laundering practices implemented by the said authorities, ensuring the security of its consumers. Every time you initiate a payment, your funds and sensitive information will be protected via encryption, guarding them against access by unauthorized parties.
Which Currencies Does Flykk Support?
The main currency of Flykk is EUR but you can choose to handle your payments in other currencies as well. In addition to EUR, Flykk also supports USD, CAD, GBP, DKK, SEK, HKD, and CHF. Whenever you are making a transaction to an international card/bank account, this may impose a currency conversion fee of 3.99%.
Will I Be Charged a Fee When Depositing via Flykk?
Online casinos rarely impose a fee on deposits carried out via Flykk. If the virtual casino is also a registered Flykk user, you will be able to transfer money to your gaming account for free as this will be considered a transaction between two Flykk accounts. However, if you are using certain services to purchase eMoney to your Flykk account and then make a transfer to a non-Flykk IBAN, you may be charged a certain fee.
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Find the answers of questions people asked so far:
What is the new Scan & Pay feature of Flyyk and where can I use it?
This is one of the latest features Flykk has added to its app. Since consumers are looking for a more convenient and secure way to make fast payments, Flykk has added the Scan & Pay feature to its list of supported services. If the online casino, virtual merchant, or any retail shop where you are planning on paying via Flykk generates a QR code for your payment, you can use the Flykk app to scan the code. Once you do that, the whole payment will be processed through the Flykk system in the blink of an eye. That enables extremely fast payments via Flykk which still allows users to stay safe when they handle their transactions via the service.
Will I be able to redeem casino bonus promotions by making deposits via Flykk?
If you have come across a casino that supports deposits via the payment platform of Flykk, chances are, you will be able to redeem any deposit bonus by topping up your balance via Flykk. Although the payment solution is yet to be added to the list of supported payments by many online casinos, operators, which accept the method, rarely exclude it from their promotions. That said, you should always check the terms and conditions of a promotion before you redeem it.
Even if Flykk has not been specifically excluded from a bonus offer, some casinos may have promotions exclusively dedicated to users of a specific deposit method other than Flykk. That is why it is important to be familiar with bonus terms and conditions before you try to redeem a casino incentive.
Will I qualify for casino bonuses if I deposit via Flykk?
The availability of casino deposits typically depends on the casino’s policy. In most cases, Flykk users have no restrictions when they wish to redeem promotions, which are activated by deposits. That said, players are always advised to check the terms and conditions of every bonus they are about to redeem as the casino may have imposed restrictions on certain payment methods.
Even if Flykk is not exclusively listed as an excluded payment option in the terms and conditions of a bonus, some casinos offer promotions that are triggered with a specific payment method. If you want to make sure that your Flykk deposit will qualify you for a casino promotion, you can contact the casino’s support team and verify if your deposits via Flykk will count towards the promotion.