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iWallet in Japanese Casinos
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Online gambling might be illegal in Japan, but that doesn't mean that players from the country aren't accessing international online casinos. They manage to find ways to get access to their favorite online casino games and even enjoy seamless transactions with a payment solution called iWallet. This alternative payment solution has been quite handy for all those Japanese players who wish to make effortless deposits and withdrawals across offshore sites, and if you stay with us, you will learn why. To offer you a sneak-a-peek, it is an eWallet, as you’d expect, but one that allows you to even use a prepaid card for an even smoother online gambling experience. And, it allows you to transact in your local currency plus others. So, why choose iWallet as your payment method at an online casino that caters to Japanese players?
Online Gambling Regulation in Japan
Japan is a country known for being very strict in many sectors, but it looks like that doesn't apply to online gambling. See, even though online gambling is banned with the ancient Penal Code 1907, the country does not seem to block offshore online casino sites from offering their services to Japanese players. The Penal Code, of course, bans all forms of gambling, and even though at the time online gambling did not even exist, it falls under the same category, considering “all forms” are banned.
But the reality is, that the Penal Code is not enforced in any way, since the authorities haven't blocked a single site from accessing the market. They do encourage players to stay away from illegal online casino sites, and the country launched a media campaign to reiterate the illegality of online gambling, but have introduced no new laws that would regulate the industry in any way. And even though there were rumors a few years back of it legalizing it, online casino gambling remains officially illegal in the country.
Now, all of this leaves you with, believe it or not, hundreds of sites to explore and freely join. Since no casino has ever been blocked, you will find countless online casinos that cater to Japanese players that you could join. When looking for a site to join, however, make sure you choose wisely. You still need to look for licensed sites by at least one reputable regulator, to enjoy a safe online gambling environment. Plenty of perfectly licensed casinos, that hold licenses by the likes of UKGC and MGA, like Mr Green, Casumo and Trada, welcome Japanese players on their sites, so you could consider joining any of them.
Another thing to focus on is the game choices at your disposal. Across sites that accept Japanese players, you will find games delivered by the likes of Evolution, Playtech, Yggdrasil and Games Global, to name a few leading developers. That means that you will get to play Live Casino games, table games, slots and online poker, to list a few verticals, and you’ll get an all-encompassing experience.
The missing piece of the puzzle in your journey is, of course, the payment method you'll use. The good news is, that most of these casinos that accept Japanese players accept this amazing solution you could use, iWallet. As its name implies, it is an eWallet that was designed to cater to Japanese users in the best way possible, and that’s why it offers them an additional product, a prepaid card, that can be used ATMs all across the country. Transactions with it are in Japanese yen, but there are also other currencies you could use when you select it as your payment method. As such, it is perfect for you to choose as your payment method at an online casino, so continue reading to find out more about its history and learn how to get started with it.
Using iWallet Across Japanese Online Casinos
Even though we presented iWallet as an eWallet that caters to Japanese players, it does not do it exclusively. In fact, the solution is based in Georgia, Kutaisi, and the company behind it Benedo LLC designed it in order to cater to the Japanese, but also the Chinese and Malaysian markets, as these were lacking similar methods. The solution is still the most popular in Japan, with millions of Japanese users choosing it over any other for their everyday payments and purchases online.
Benedo LLC made sure the eWallet offered everything users would need, but so much more, too. Once you get started with it, you don’t get to use an eWallet only, but also a prepaid card. This card will help you cash out money that you’re holding on your eWallet account at any ATM across Japan!
As if these weren’t enough, the solution comes with low and fair fees allowing users to get value for their money, and it is incredibly safe, speedy, and transparent. With teams scattered all throughout the world, working around the clock to cater to users in the best way possible from the offices in Philippines, Hong Kong and Europe, you can rest assured that all your money will be handled in the most professional way.
You know that you must register an account with it in order to be eligible to use it, as with any other eWallet. Go to its official website, initiate the registration, and provide the required details. You will need to share your full name, birth date, email address, and country of residence, and then create a password. An email with a verification URL will arrive to confirm your registration, and with that, you can start using your account if you wish to use it with a payout limit of $1,000.
If you wish to get bigger payout limits and gain full access to its services, proceed with a few other steps. You’d need to provide a copy of an ID and a proof of address document. From here, you would need to fund your account, using a credit card or a bank transfer. Once your account is funded, it’s time to apply for your prepaid card. You will immediately get it upon submitting your application, and you can start using it right away. Both the eWallet and the card come in 12 currencies, the Japanese yen, as we mentioned, but also the UK pound, the US dollar, the euro, the Hong Kong dollar, the Malaysian ringgit, the Singaporean dollar, the Philippine peso, the Thai baht, the Indonesian rupiah, the Vietnamese dong and the Chinese yuan.
So, now that you know how convenient it can be for online casino deposits and withdrawals, let’s see how to request these with it. Since with it, even if the yen is not an option, you can use 11 other currencies, you’ll probably get to play without paying exchange fees. So wait no longer and get the most inexpensive online gambling transactions with iWallet, by following our lead.
Depositing and Withdrawing with iWallet
Conquestador, RedStar and IceCasino are just some of the sites you can explore here at WoO to find the perfect casino to join, that not only accepts Japanese players, but also offers iWallet. Do not hesitate to check out other options, as you have over 40 sites listed on our site that will give you the chance to use this amazing eWallet for your deposits and withdrawals.
All you have to do is go to the site you chose to join and initiate the registration process. When creating your player account, you'll need to disclose some personal details, basic information like name and email. Once the account is ready, to fund it with iWallet, do the following:
- Access your player profile and look for the Banking/Cashier page.
- Head over to the Deposits section and find iWallet’s logo there.
- Press it and depending on whether you wish to use the eWallet or the card, enter the respective account or card details.
- Set the amount you wish to transfer and confirm the transaction.
- In real time, the funds will arrive at your casino balance.
We mentioned already that you will be able to request cashouts with iWallet, but we didn’t mention that you can only do that with your eWallet account, as it seemed unnecessary. Once you have your winnings on your eWallet, however, you can use your prepaid card to cash them out at an ATM or use them for any purchases and payments you wish.
To request a withdrawal, repeat the first two steps, this time searching for the solution in the Withdrawals section. After you select the eWallet as your payment method, set the amount you wish to cash out, and from here, wait for the operator to review your request. The pending time can be anywhere from 24 to 48 hours, but as soon as approved, your winnings will instantly be transferred to your eWallet account.
Conclusion
iWallet is a really convenient payment method to use as a Japanese player at an international online casino. It offers swift transactions in 12 currencies, the yen included, you can fund your casino balance with its eWallet and prepaid card products, and cash out winnings to your eWallet account in the most cost-efficient way. Plus, it is already offered across many casinos, so all you need to do is choose one to join and give this amazing solution a try.
Casinos for Players from Japan that Offer iWallet
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FAQs
Is it legal to gamble online in Japan?
No, it is not really legal, however, the country does not block international online casino sites. Even though there’s an old ban on all forms of gambling, the country has done nothing to prevent players from accessing offshore online casino sites.
Will I get prosecuted for gambling online at offshore sites as a Japanese player?
No, not really. We have found no evidence, no records of players getting prosecuted or fined for gambling online, and that’s probably because the country has no interest in forbidding their access to such sites.
How many online casinos that cater to Japanese players offer iWallet?
You will certainly find a decent number of sites to explore because iWallet is offered across over 40 online casino sites here at WoO alone. If you make your own search, you may find others, but these should be enough for you to check out in your pursuit of the best casino to join.
Is iWallet offered for withdrawals by default if offered for deposits at the casino I joined?
Maybe not by default, but in most cases, it is an option for withdrawals wherever offered for deposits. The best thing to do is double-check with your casino, by going to its Banking>Withdrawals section, to ensure it is properly listed for cashouts. If you cannot find its logo here, make sure you contact the casino’s Support team to give you a straight answer.
Can I make deposits and withdrawals with iWallet via my smartphone?
Of course. The solution is compatible with all devices, so if you wish to use it via your smartphone, just ensure that you join a mobile-optimized casino. As long as you have joined such a casino, you can use your eWallet and prepaid card to make the smoothest deposits and withdrawals with iWallet via your smartphone.