How does Deposits and Withdrawals work?
First of all, you need to deposit money to your iWallet account. You can do this by transferring money from your bank account or a credit card. Local transfers are only available in certain countries. iWallet will soon have a debit card as well.
iWallet users can easily transfer money to other iWallet accounts that they have via Visa Platinum Prepaid Card. This card is an internationally branded prepaid card and it can be used worldwide to shop at physical stores, pay online or to withdraw money via an ATM in your local currency.
So how do you get iWallet?
- It is really simple, first you have to choose your account type, an individual account or a corporate account. Enter your email address and click on next.
- Secondly, fill in all the fields that are shown on the application page. Name, country, date of birth and your password. An email will be sent to you for verification.
- Thirdly, once the verification is done by clicking the URL in the email you can start using iWallet. Now you can deposit money to online casinos.
Their services are available to most countries except from Hong Kong and the USA. Currently, iWallet is primarily focused on expanding to Asian countries. Right now, the micro transaction industry in Asia is booming. iWallet also supports Europe, Philippines and Hong Kong. This is the most popular payment method for online casino players in Japan.
Advantages with this Payment Method
- You can make fast deposits to your individual account with a no-commission-charge.
- Maximize iWallet as a convenient e-commerce services provider with no charges at all to open and maintain an account.
- Competitive fees for other services.
- Open up an account and transfer money to your international brand card.
- It is very easy to open up a new account and you can start to deposit and withdraw money from online casinos within a couple of minutes.
- Suitable for business use as well.
- Open an account with no ID verification at all.
- Convenient real-time deposits and withdrawals.
- Available in seven of the most common currencies.
- Very competitive commission charge.
Disadvantages with this Payment Method
- A lot of online casinos doesn’t offer this payment method.
- iWallet is a small and somewhat unproven payment metod.
iWallet Casino – Review and Conclusion
This payment method is quite new and unproven. It is most popular in Asia, especially in Japan where it is one of the largest payment methods within the online casino industry. What’s really good about this solution is that it is very easy and simple to create a new account. Within minutes you can start to deposit and withdraw money from your online casino account.
Another great thing with this payment method is that the fees are super-low. You can open up a new account with no ID verification at all. The great disadvantage with iWallet is that there aren’t a lot of online casinos that offer this payment method. All in all, if you manage to find a good online casino that has iWallet, this is a good solution for you.