As playing casino games over the Internet continues to gather momentum, it is only natural that casino enthusiasts are always looking for a payment , which allows them to handle their payments quickly and with no stress.
Wirecard is a payment method, which might be the perfect fit for casino enthusiasts who want to handle their online transactions conveniently, safely, and swiftly. This banking solution is indeed a cut above many other payment processors that can be used for gambling-related transactions, which goes to show why it has caught on.
It is a Munich-based company, which set up shop back in 1999. Obviously, the company was determined to expand its operations internationally, as it entered the New Zealand market, as well as the Turkish, Australian, and South African ones.
|Available in||More than 60 countries|
|Connecting bank card/account to Wirecard||N/A|
|Withdrawal balance from Wirecard to your bank card/account||N/A|
|Pay to online merchants||Varies|
|Available for deposit||Yes|
|Available for withdrawal||Yes|
|Usual deposit time in online casino||Instant|
|Usual withdrawal time from online casino||Several working days|
|E-mail firstname.lastname@example.org and online form|
The operations of the company are not narrowed down at all as along with electronic payment services, it backs physical and virtual cards and offers risk management. The company started offering virtual cards after it acquired Click2Pay back in 2003, which helped it expand its user base further.
Back in 2017, Wirecard was added to the Frankfurt Stock Exchange. Additionally, during the next few years, the company was also included in the DAX stock index, which continued until 2020.
Yet, the last year was quite turbulent for the company because it filed for insolvency, which happened shortly after it was valued at nearly $15 billion.
Using Wirecard for Gambling Transactions
The main reason why Wirecard is such an appealing option for gambling enthusiasts is that this is a virtual prepaid card, but the way in which it works has a lot in common with credit and debit cards. This payment method is indeed convenient to use, and what is even better is that its users can select between a number of currencies as they can opt for USD, CAD, GBP, and SEK, among others.
Something vital players should take into account before they proceed with their transactions is that they might be facing a minor fee when a currency conversion is needed.
Players who have never used Wirecard before need to bear in mind that if they prefer, they can request a physical card, and by doing so, they will be able to carry out their transactions as they normally do with Mastercard or Visa-branded debit and credit cards for example. If gambling aficionados prefer using a plastic Wirecard, they will get a standard Mastercard-branded card.
No matter the case, Wirecard users will enjoy the same no-fuss payments while betting over the Internet. Avid casino fans can acquire such a card in next to no time once they land at the official website of Wirecard, where they will be required to fill in a short registration form. We recommend users-to-be of the payment processor to acquaint themselves with the information they will find on the website of the company so that they could make the best choice.
Wirecard for Gambling Transactions Additional TipsWhile filling in the registration form, casino mavens will be asked to provide their name, address, phone number, email address, and point out the card type that best suits their preferences.
As soon as players’ request is approved, they will receive their card information via email. As is the case with standard credit cards, Wirecard users will get the CVV code, expiration date, and unique 16-digit code that will all be needed when wrapping up their payments.
What gambling enthusiasts need to remember is that depending on the card type they have chosen, they might not be required to provide any of their personal information in order to activate their card. Yet, this is so only if they do not intend to reload their prepaid card. If they have changed their minds, however, casino aficionados simply need to visit the official website of the company and activate the card for further top-ins in next to no time.
In spite of the fact that the policies Wirecard users will need to comply with are basically the same as the ones they are facing when using an ordinary debit or credit card, they should still give the fine print due attention. Players should remember that they will not be allowed to use multiple cards at the same time.
Once everything is set up with their card, avid casino fans will be just one step away from topping their gaming accounts with cash or using the services of the merchants that accept this banking method.
Before they go for topping up their casino account with cash through Wirecard, players need to fund their virtual card. Doing this is neither time-consuming, nor complicated and players can funnel funds into their card through bank transfer, credit or debit card, or a standard cash deposit.
It is important to note, however, that if you want to go for a cash deposit into your Wirecard, you will only be allowed to do this on the condition that you have a plastic card.
Players might be comfortable with using Wirecard because their cards were conceived to match the demands of people who do not own a credit or debit card or who have such but do not feel like using it for transactions over the Internet.
|Wirecard Gambling Transactions|
|Supported transactions||Deposits and withdrawals|
|Deposit pending time||Instant|
|Withdrawal pending time||Several business days|
|Additional security||CVV code is required|
Advantages and Disadvantages of Using Wirecard as a Casino Payment Method
As it turns out, Wirecard is a company, which is dedicated to providing its customers with up-to-the-minute payment solutions that are relevant not only to their needs and preferences but to the market as well.
Yet, each and every banking solution gambling aficionados can take advantage of while moving funds to the preferred casino or taking off their winnings has drawbacks and advantages. For this reason, during the decision-making, players are advised to pay attention not only to the strong points of Wirecard but consider the complications that might potentially occur.
Let’s focus on the advantages virtual players will enjoy while managing their gambling-related transactions via Wirecard. First off, casino fans might be comfortable with using this payment solution because of the speed at which the transactions are carried out. Once players enter their card details and pick an amount to add to their gaming account, their funds will reach their gaming balance within a couple of minutes, which will make it possible to get their feet wet with their betting session right off.
The high levels of security this banking method boasts is another compelling evidence of its aptness for online gambling transactions. Players can have the full confidence that their funds and sensitive information will be adequately protected as Wirecard presents secure means of payment because of the usage of standardized secure protocols that aim at the authentication of payments executed over the Internet.
Additional Advantages and Disadvantages of Using WirecardIn addition to this, the company takes all the needed measures to ensure that the sensitive information or funds of players will not be misused. Depending on their preferences, players might go for notifications via SMS whenever the balance of their card changes. Not to mention that while offering its services, Wirecard falls under the oversight of BaFin, which is a German financial regulatory authority.
Virtual players who prefer to handle their payments via Wirecard are unlikely to encounter any issues because the steps they need to follow in order to complete the transactions are the same as the one executed through debit or credit cards.
One of the foremost concerns of gambling enthusiasts is whether they can use the preferred payment processor when they are ready to take their winnings off the online casino they are playing at. Wirecard does not lack in this department because this means of payment is gettable for transactions in both directions. Undeniably, this is a major plus as casino fans will not need to go to any trouble and look for another banking method that ticks all the boxes for them.
Virtual players tend to choose Wirecard over other payment solutions also because of its extensive availability. There is a staggering number of merchants that accept payments through these cards, and what is even better is that the casino operators that accept it are easily not thin on the ground.
Although Wirecard delivers in so many departments, this payment method does not go without any lacking points that are worth considering too. One of the first things players should give thought to is the limited availability of the payment solution. In spite of the fact that it is within reach in almost 70 countries worldwide, there are still lots of markets the company does not cater to.
Another issue gambling aficionados might encounter while using Wirecard is that some casino operators may not accept it as a cashout method. While this might not be a common occurrence, there are still virtual casinos where the payment method does not double as a cashout option, which might be somewhat bothering for players.
The charges players are facing while managing their funds over the Internet are also among the biggest concerns of players. While the commissions gambling enthusiasts will be charged will not be that whopping, they still consider the availability of such a shortcoming.
Although the fees the usage of Wirecard entails are relatively affordable and reasonable, gambling enthusiasts are still advised to give them a once-over in order to decide if this payment solution fits their preferences and needs.
|Wirecard Pros||Wirecard Cons|
|Quick processing times||Available in a limited number of countries|
|Available for top-ins and withdrawals||Not all casinos process withdrawals via Wirecard|
|The associated fees are reasonable||Depending on the card type, players might face charges on every payment|
|Wirecard offers a wide range of services|
|Users from some countries can make use of downloadable apps|
Fees for Gambling Transactions via Wirecard
One of the main causes for the popularity of the payment method among gambling enthusiasts is that the costs its usage entails are quite reasonable, especially when compared to some of the other payment processors available out there.
While using Wirecard to add funds to their account or retrieve their winnings from their account, gambling aficionados are unlikely to face any extra fees on the side of the casino operator. Of course, there might be exceptions, which is the reason why it is recommended to work this out ahead of time.
As for the fees Wirecard charges, players should be mindful that the monthly maintenance fee for a prepaid Mastercard is €4.90. Users of the payment method who lose their card will need to pay a replacement fee of €10.
Players who wish to take their winnings off their card and have chosen to do so via the ATM of another bank need to be aware that they will be charged a fee of 2% of the amount.
When making a payment or withdrawing funds in a foreign currency, which is other than EUR, but from a country, no matter if it is part of the European Economic Area or not, the commission, which will be applied will be worth 1.5% of the amount. It seems that each time players go for a transaction through this payment solution, a commission of €0,25 will incur.
Virtual players who want to add an extra layer of protection to their payments should consider going for SMS notifications. What they should be mindful of, however, is that they will cost them €0.35.
|Gambling deposit fee||Free|
|Gambling withdrawal fee||Free|
|Bank account deposit fee||N/A|
|Bank account withdrawal fee||N/A|
|Credit/debit card deposit fee||N/A|
|Credit/debit card withdrawal fee||N/A|
|Maintenance fee||Depends on the card type|
Processing Times with Wirecard
Time-efficiency is indeed one of the most important aspects virtual players should consider while they are betting over the Internet. It is safe to say that Wirecard cuts the mustard when it comes to the speed at which transactions are executed, and it is worth giving plus points for this.
While using Wirecard to upload funds to their accounts, virtual players will not face any delays because the preferred amount will appear in their balance in the blink of an eye. This is a major benefit, especially if they are currently in the mood to kick off their betting session.
As for cashouts, in most cases, players will be allowed to transfer their winnings from their casino bankroll to their Wirecard without any qualms. Typically, transactions in the opposite direction take up to three or four days to complete, but casino fans should bear in mind that this period might vary.
Something we pointed out already is that some operators tout Wirecard exclusively as a deposit option, which will force players to pick another processor for their cashouts. They should also remember that the verification of their identity will also take some time and prolong the cashout time further.
Of course, casino enthusiasts who are determined to use Wirecard while betting online should bear in mind that they will be able to handle their payments through it if they have already requested a plastic card or have registered online. Yet, if they are already ready with this, gambling enthusiasts will be all set to go about with their payments.
|Wirecard Processing times|
|Gambling deposit time||Instant|
|Gambling withdrawal time||Varies|
|Bank account deposit time||N/A|
|Bank account withdrawal time||N/A|
|Credit/debit card deposit time||N/A|
|Credit/debit card withdrawal time||N/A|
Mobile Payments via Wirecard
Wirecard is certainly no stranger to mobile payments,as the company rolled out dedicated apps for contactless payments back in 2015. The dedicated apps are designed for devices based on iOS or Android, and they are available for free download.
It should be pointed out, however, that the dedicated apps are not available worldwide. Owners of Android-powered devices can make use of the app only if they live in Ireland, Spain, Belgium, the Netherlands, Austria, or Germany. Players can download and install the app designed for iOS-run tablets or smartphones if they live in Italy, Spain, Great Britain, Switzerland, or Germany.
Gambling enthusiasts can use the dedicated apps in order to execute peer-to-peer payments, online payments, and contactless payments. In addition to this, they can use the apps to send money to their friends and family, and even wrap virtual eGifts.
While using the apps, players should not worry about the safety of their funds or sensitive information as the recipient will not be able to view any of their sensitive information.
Casino enthusiasts can handle their payments on the go even if they do not want to install the apps on their hand-held device. Once they navigate to the cashier or the mobile casino where they have registered for an account, they will be prompted to key in the details of their prepaid card and authorize the transaction. In this way, casino fans will still enjoy secure, prompt, and stress-free payments at all times, and no matter the place.
|Wirecard Mobile Payments|
Security at Online Casinos
Wirecard might work perfectly for gambling enthusiasts who are not inclined to use their credit or debit card during their gambling adventures over the Internet. It is also preferred by virtual players who are reluctant to lay bare too much of their personal information.
This payment processor is required to abide by strict compliance and data security guidelines as it is part of the banking group of Wirecard Bank AG, which also goes to show that it falls under strict oversight. Another thing users of the payment processor should be aware of is that Wirecard is compliant with the PCI standards. This means that the company protects all information players will be required to expose while registering their cardholder data.
Gambling enthusiasts who want to ascertain the validity of the certificate will have the freedom to do so once they land at the official website of the company.
As we said already, players who want to have the full confidence that no one will misuse their funds can simply go for notifications via SMS whenever a transaction is executed.
To ensure that their funds and sensitive information will be in safe hands, gambling aficionados are advised to register for an account and play at online casinos that accept Wirecard that are properly regulated and have a proven track record.
Wirecard Casinos FAQs
How Long Do Wirecard Deposits and Withdrawals Take
One of the biggest benefits of using Wirecard while betting over the Internet is that deposits are wrapped up without any delays, and players can proceed with their betting session on the spot. Withdrawals will take several business days to complete, but Wirecard users should not forget about the pending period of all cashout requests.
Are Wirecard Depositors Eligible for Bonuses and Promotions
Players who have chosen to manage their funds via Wirecard will not be prevented from redeeming any of the special deals casino operators might offer. Something important to take into account is that some operators tend to offer bonus incentives that are redeemable only by depositors who have used a specific payment processor to wrap up their payments.
Are There Any Fees for Casino Transactions via Wirecard
Typically, casino operators do not charge additional fees for payments executed via Wirecard, but it is always a good idea to check this matter in advance. With this in mind, casino enthusiasts should bear in mind that certain fees might be charged on the side of Wirecard. Even if this is the case, the commission the company charges is quite reasonable.
Can I Get A Physical Wirecard
Yes. Players who want to get a physical Wirecard will be required to apply for such, which will take some time. There are multiple options to choose between when you go for a physical card, but what is important to mention is that when using a physical card, you will face some extra fees.
Is It Possible to Pay with Wirecard While Being on the Move
Yes, it is possible to manage your funds via Wirecard via your portable device with no stress at all. To do this, you will first need to download and install the dedicated mobile apps that will make it possible to wrap up your gambling-related transactions like a breeze, shop online, or make contactless payments.