Wirecard Review And Casino List

Top 3 Casinos that offer Wirecard

Introduction

Online gambling platforms have largely modernized their content offering since the early days of the industry. Software development companies are constantly working to cover new and interesting themes across the whole range of game types. Novel game features, in-game prizes and improvements in their rewarding potential are just as much a part of this tendency, although additional segments of the industry have been just as subject to alterations.

Player benefits are yet another area of the main industry platforms which has undergone significant boosts in rewards. Unlike the previously standard No Deposit and Welcome deposit match bonuses, players nowadays are able to make use of all kinds of codes and promotions that boost their bankroll on various occasions.

Nevertheless, the Banking section has always been the pillar of the three, as players both need to fund their account and aim to hit a win and cash out from it. Thus, separate banking institutions and financial payment processing services have recently introduced a number of solutions in a new or existing format.

While most players are already familiarized with top popular e-wallet and online prepaid card processors, a wholly virtual prepaid credit card such as Wirecard is a refreshing addition to the lot.

About Wirecard

The virtual prepaid card Wirecard is one of the top e-commerce payment solutions across its eligible countries. It is owned and operated by its parent company, Wirecard Bank AG, one of the most renowned banking institutions in Germany. Headquartered just outside of Munich, the banking company had been working in the field of finances since early 1999, and only recently entered the sphere of online payments.

More precisely,...

...their acquisition of the Click2Pay service has been the prime instigator towards setting up this specific service of the Wirecard Bank. Prior to it, they had already introduced numerous other formats of payment processing – credit cards, direct debit processing, POS solutions and the likes.

The Wirecard specifically,...

... functions as a virtual MasterCard, allowing cardholders to make payments at any online platform which accepts MasterCard as a banking method. The process of obtaining a Wirecard is simple and straightforward, consisting of a few steps, as illustrated below.

Step 1: Access the MyWirecard official online website in order to reach the registration page for the service. Here, you will be able to read through all the information prior to making the final decision to create your card.

Step 2: Once you are at the registration form, all you need to do is enter some basic personal information in the given fields. These normally include name and address, as well as an email and phone number. After confirming your registration, you will immediately receive the details to your virtual MasterCard. These include the card's 16-digit number, its CVV code, as well as the expiration date. Bear in mind that the same standard card issuing policies apply here, and users are only eligible to hold a single card at one time.

Step 3: With the card virtually in hand, users are just a step away from making online payments at the widespread network of over 14.000 merchants who accept the Wirecard solution. Just fund your account with one of the banking options eligible – there are a variety of available options such as bank wire transfers, cash deposits and credit and debit card linking. This association with an existing bank account or card facilitates the whole user experience, as they would be able to withdraw the money from their virtual Wirecard back to the account at any later date.

Wirecard accepts...

... transactions in all the major, globally used currencies such as the US/AUS/CAN Dollar, Euro, GB Pound, Swiss Franc and more. In this regard, it is important to mention that they do charge a minor fee for currency conversion in cases when using foreign currency to make Wirecard transactions. This applies for both deposits and withdrawals and amounts to 1.5% of the amount in question.

What is most interesting...

...is that, despite aiming to provide a wholly virtual prepaid card experience, the Wirecard service additionally offers players the opportunity to request a plastic card. This plastic card normally bears the MasterCard logo, as well as the same details as your virtual one – card number, CVV code and the likes. It can be used all over the world, at any of over 24 and a half million point-of-sale retail and merchant service locations.

On top of that,...

...the card is funded in the same way as the virtual card, and completely synchronized in their incoming and outgoing transaction records. In fact, cash deposits into the card are solely eligible for those who hold a plastic Wirecard MasterCard. The 4.0% fee charge set at a minimum of 1EUR accompanying this option may be a slight setback, although its convenience and accessibility notably compensate for it.

Wirecard as an Online Casino Payment Method

Due to the massive pool of potential online merchants who accept the MasterCard payment option, Wirecard virtual prepaid cards were soon identified as suitable options for online gambling platforms. The users’ familiarity with the processing service, as well as its established reputation of a secure and reliable processor all contribute to the expansion of Wirecard casino platforms.

Players nowadays are able to put to use all their skills and abilities at their preferred game titles while enjoying prime Wirecard banking. Just make sure you are aware of the specific procedure and gamble at all the top online casino, bingo and poker room destinations, as well as online sports betting venues.

Wirecard Deposits

Considering you have registered for the Wirecard virtual card and funded it with enough bankroll to meet your online gambling needs, just head off to the casino platform of your choice. It is advisable to make sure the specific operator does accept payments made via this method. Still, considering its association with MasterCard, you should be able to choose from a pool of casino destinations offering a range of casino software provider portfolios, bonuses and other player benefits.

Step 1: Access the casino platform of your choosing by logging into your player account. If you are new to the platform, just head over to the registration page and sign in – you will be instantly logged into the casino floor. Keep the overwhelming choice of gameplay for later, make sure you fund your player account first.

Step 2: In order to do that, head over to the Cashier/Banking section of the online casino. Unless there is a specified Wirecard deposit option available, players should be just as good to go on with choosing MasterCard as their payment method. Just click on the option to start the procedure.

Step 3: Depositing via Wirecard is practically the same as with any MasterCard or other credit or debit plastic solution. Choosing the option will open an additional window – just input the card details you got via email, or have on your plastic Wirecard.
Don’t forget to specify the exact amount you wish to transfer to your online casino player account. Once you fill in all the fields, confirm the transaction and wait to see the funds credited in a matter of minutes.

Wirecard Withdrawals

Step 1: Considering you were lucky enough to hit some major wins at your chosen online casino destination, it is expected that you opt for the ideal withdrawal method. Cashing out via Wirecard from online casino platforms is still a bit restricted, although efforts are being made to enable this service across the entire pool of operators that support this method.
Make sure you check the availability of the service beforehand, and then head straight to the Wirecard or MasterCard withdrawal option at the Banking section.

Step 2: In the new window, enter the details of the destination account – card number, CVV code, expiration date and name of holder, as well as the amount you wish to withdraw. Confirm the transaction request and wait for it to be processed and verified by the casino support team. Once it passes the check-up, you should find the funds credited onto the Wirecard.

Step 3: Cashing out the funds out of your Wirecard virtual prepaid card isn’t directly available. You would need to transfer the funds once again, to the card or banking account used to fund the card in the first place. Alternately, players who have decided to get the additional plastic Wirecard MasterCard solution would have their funds readily available as soon as they land in the account. These funds can be used at other online and land-based retail locations or even ATMs.

Advantages of Wirecard

• Multiple security measures – The parent company supporting the Wirecard online payment processing option is the German bank Wirecard AG. As such, it is already compliant with the requirements imposed by the respective authorities, i.e. the deposit insurance system of Deutscher Banken e.V.

  What is more, the Wirecard virtual card acts as an extra layer of protection between your bank account and chosen casino platform. It processes transactions using high-end encryption and intrusion prevention, and additionally takes identity theft precautionary measures. The latter is achieved by SMS notification to the number you have entered upon registration, informing you of card balance status, changes and the likes.

• Instant payments – The service is supported by major brand names in the financial industry and thus optimized to perform its transactions with speed and functionality. Just make sure you fill in all the fields correctly, and you should be good to go.
• Service familiarity – Another perk of being associated with MasterCard and issued by a leading German bank is the players’ familiarity with the service. Chances are that they have already used it for some kind of transaction, and should have no trouble going through the online casino depositing and withdrawal process, once it comes to it.
• Extensive availability – Availability of the Wirecard service does not consist solely in its presence across multiple retail platforms. Its wide range of funding methods further contributes to it, along with the easy-to-use platform and lack of deposit and withdrawal amount limits.

Disadvantages of Wirecard Online Casino Deposits & Withdrawals

• Country restrictions – So far, Wirecard has managed to build up a wide network of online casino and generally e-commerce platforms where it caters to their clients. However, they are still to introduce their services to one of the largest markets worldwide – the USA. Hence, players at the top US casino sites will need to opt for a different banking method that meets their preferences and legal requirements.
• Fee charges – While the service only charges a small fee on specific occasions, it is still considered a disadvantageous circumstance by some of the casino player pool. For one, those that opt for the additional plastic card will face an issuance and yearly recurring a maintenance fee of 24.90€ unlike the free virtual card service. Should you lose the plastic card, you will face another 24.90€ for replacement costs, whilst losing the details of the virtual one will only cost 10€ to replace.

  As mentioned above, there are a number of funding options for your Wirecard account, but a wire transfer is the only one that comes with a 1€ fee. The same is applied for sending money from the Wirecard to a bank account. Aside from the currency and cash deposit fees stated earlier in the text, there are cash withdrawal fees. The option is exclusively available via the plastic card and amounts to 2.0% starting from 4.50€. An SMS balance status notification feature will cost you another 10€, but is bound to pay out in the long run.

FAQs

Author: Shelly Schiff

Casinos that Offer Wirecard