iWallet

iWallet is gaining so much traction these days especially with gamblers and is proving to be a very convenient payment method for online casinos. With the majority of users being based in Asia and growing, this payment method is becoming more and more popular by the day, especially with new casinos. Most gamblers have a concern on how to make deposits to their new casino accounts without any worry of security or confidentiality of their money and personal info. As an App, it is quite convenient to use on your phone and make the necessary deposits to your accounts, anytime anywhere. It is quite simple and fast to use and all you have to do is to download and install the app first and then create an account and link it to your bank account. Things keep getting better with this payment method as it is one of the few that allow you to make very quick deposits that reflect almost instantly on your online casino account giving you more time to play and win. Find a top list of the best new iWallet online casinos below.

How fast is a iWallet transfer?

Depositing money with iWallet can be really quick if you already got an account and the new casino you selected got a great integration with the e-wallet. Often, deposits can be made within 20 seconds, from start to a deposit is finalised. We classify that as fairly quick compared to most other e-wallets allowing casino payments for playing online.

What about iWallet’s security?

iWallet has ‘secure’ as its second name. This payment method has incorporated the use of QR codes to ensure that clients’ money and personal information is secure from fraudsters. One thing that stands out with this electronic payment method is that you do not have to provide any banking details to the gambling site, which makes it impossible for anybody with malicious intent to intercept you.
There is also a tow factor authorization step which makes it’s a hard nut to crack when it comes to security.

What about privacy?

Not everybody is accustomed to gambling and it is quite common to get constant criticization especially from family and friends. Either way, this should not stop you from getting your winning grove on. With no need to share your banking info with any casino, there is no way your transaction history will leak or any of your close friends and relatives get to know of the deposits you make.

Are there any age restrictions?

The majority of countries are quite strict on the legal age to start gambling but iWallet allows anyone who has attained 18 years and above, which is the recognized age of consent in most countries to use it as a payment method.

Reasons why your iWallet payments get declined

Just like the rest of e-wallets, iWallet is also stringent on the information you provide when registering for an account. Any wrong move that goes against their terms and conditions leads to a decline in any deposit or payment you want to make. Here are some of the reasons; · Wrong address – When you address information is required when making deposits using iWallet, you ought to provide the correct address as you did during registration of your account. Providing the wrong address is a red flag and your payment will decline. · Wrong CVV – Although you need to have a bank account and a credit card to open an account, it is quite rare to be required to enter your Card Verification Value number. In case it happens, you need to enter each digit of the CVV correctly otherwise the transaction is declined. · No money – With no money in your bank account, you cannot be able to complete a transaction with iWallet. Once you download the App and install it on your phone, you need to top up your bank account which is the only way you will successfully make any deposit to your casino account. · Blocked unusual transactions – Security is a top priority for iWallet and doing any unusual transactions with your account is a ticket for a direct cancellation of your transaction. This could as well lead to suspension of your account. This e-wallet does not allow any shady transactions which means you need to go through the terms and conditions to know exactly what to avoid.

The difference between iWallet and other payment methods for new casinos

iWallet is working toward making the use of debit cards a possibility and this makes it more convenient for anyone looking to play casino games and win. Being paranoid is part of being a good gambler if you want to avoid falling into the traps of fraudsters who use new casinos as bait. This payment method is unique as it uses a two-factor verification method that allows you to safely make deposits to new casinos and faster reflection of your casino account balance once the payment has been verified.
A good number of other payment methods for new casinos do not have Apps or a direct link to your bank account. The difference here is that with iWallet, you can directly make deposits to new casinos from your phone anywhere anytime compared to having a processed bank slip with a barcode that you present to the casino in person for a confirmation of the payment.

Main pros with iWallet

This payment method is gaining traction as the days go by especially in Asia and proving to be one the most convenient payment methods to use with new and existing casinos. Here are the advantages of using it;
· It is free of charge to use.
· It is quite easy to download the App and open an account and use it anytime and anywhere.
· You do not have to provide any banking information to any gambling site making it very secure. The two-factor verification also makes it safe for use.
· Payments are instant giving you more time to play.
· Is available in 7 currencies giving you a variety of option when making deposits depending on the country you are playing from.

Main cons with iWallet

As convenient and safe and convenient as it is, there are a few cons associated with this payment method.
· It is not available with the majority of gambling sites.
· It is restricted to only a few countries and currencies.
· Has not yet incorporated the use of Debit cards.

How do I get iWallet?

There are steps involved when you want to set up an iWallet account.
· First of all, download the App on your phone.
· Choose the account type you want, either individual account or cooperate account and then enter your email account.
· Fill in the fields shown on the application page. The details required are your Name, Country, Date of birth and password.
· You will receive a verification email and click on the URL in the email to start using the account.