Abaqoos for New Online Casinos

Abaqoos was started in 2000 and was the first-ever Hungarian e-wallet. This payment method is currently used on many different casinos and is available to people from several countries in Europe, Asia, and the USA. However, the service is primarily dedicated to customers from Hungary, particularly those who use OTP banking. This payment method accepts the EUR, GBP, USD, and HUF. One thing which separates this system from other online payment methods is the fact that it allows you to make deposits in cash. It is currently one of the most convenient payment methods for online casinos. Let’s take a closer look at the best new Abaqoos online casinos below:

How quick is Abaqoos?

You can make the first deposit on any new casinos online within seconds. That’s how fast and user friendly Abaqoos is!

How Does Abaqoos Work?

This method works differently from many other online wallets. This system works as a voucher payment method. To use it, you will first need to create an account with the system, after which you will get a voucher. You can add money to this voucher using two different methods. The first is by bank transfer. If your bank is recognised by the system, you can open their website and look for the account they have at your bank. You will then be able to reach your bank and let them know that you want to make a transfer to your voucher. A few details will be required for the bank to make the transfer, then the transaction will be processed within one working day. You can also use this payment option to transfer money to your bank account.
The problem with making payments using bank transfer is that the system recognises very few banks. Some of these financial institutions include Budapest Bank, Erste Bank, K and H Bank, OTP Bank, and Unicredit Bank.

Another method of adding funds to your Abaqoos voucher is by sending cash via the post office or any of their recognised bank branches. To make the deposit through these methods, you have to use the Abaqoos information on their website.

You can also fund your Abaqoos account with your credit card or Neteller accounts.

Once the funds are in your voucher, you will be able to deposit the money at any online casino easily. You only need to select Abaqoos from the list of payment options in the casino.

Security with Abaqoos

One reason why this payment method has become popular in online casinos is because of its security. Since you can make deposits in cash, you will not need to share your personal details at any point of the transaction. This means you will never run the risk of losing your identity to fraudsters and hackers. Many other online payment systems require you to share your personal information for verification. You should also note that their website is secured with highly advanced encryption standards. That means any information you ever share with them can never be lost to hackers.

Advantages with Abaqoos

Since you are working with a prepaid voucher, you will have to play with a limit. This will help you stay financially responsible when playing online casino games.
There are no transaction fees included.
The method does not require the sharing of personal information, and this reduces the risk of hacking and identity theft.
Methods of funding your voucher are highly convenient.
If you deposit the money using cash, your voucher will be funded immediately.
You can deposit as much money as you like since the site does not have a maximum limit on the amount you can deposit. Similarly, you can deposit as little as you want. That being said, specific casinos may have their own limits. Abaqoos is friendly for mobile new casino users.

Disadvantages with Abaqoos

The only notable disadvantage of this payment method is the fact that it only works practically in Hungary. It is heavily dependent on Hungarian banks and the Hungarian postal system, and this limits its use to this specific country. People living outside Hungary may need to use other methods like PayPal to fund their accounts.

Conclusion

Abaqoos is one of the best online payment methods in Hungary, and it has recently been adopted by many casinos that operate in the country. Unlike many common payment systems, this one accepts payments made in cash. This reduces the chances of losing your personal information since you don’t need to provide your data directly to Abaqoos. If you live in Hungary, it will be highly convenient to spend a few minutes walking to a bank that is accepted by the payment method. The payments will reflect automatically and immediately when you make the deposit. Making deposits or withdrawals using this method is completely free.