With an ever-growing list of payment method options across online casinos, one can be puzzled as to which solution to choose; if you go with Person to Person, you won’t make a mistake. This is an exceptional solution to use across online casinos based in your country, as it will allow you to effortlessly make deposits and withdrawals in just a few taps on your mobile device. It is incredibly safe and convenient to use, therefore, if you wish to know more about it, stay with us as we’ll share with you all the details you need to know. What is Person to Person and why use it at an online casino?
About Person to Person
In times when everything can be done via a smartphone, online banking has been revolutionized to allow mobile users to make effortless transactions with only a few taps on their mobile devices. There are countless solutions that have been invented with this scope in mind, to facilitate the way people can transact online via their mobile devices. We're talking mobile payment processors, eWallets, mobile payment apps, and the regular online banking platform provided by your bank. Now, the last one has been even further optimized with a simple feature that allows users to send and receive transfers among each other, called Person to Person or Peer-to-peer transfers, or just P2P in short.
What this solution did was even further facilitate the way money can be sent and received among friends, family, and associates. With it, you can say goodbye to third-party financial services, cash, and checks, as you can easily send and receive money to and from people you know through your mobile and online banking profile. All you need is the person’s mobile phone number or email address to initiate the transfer directly to their account when sending money and vice versa when receiving funds.
This is an incredibly secure payment option, as in addition to your bank's security measures already in place, it adds an extra level of protection. The way it works is, that upon sending a transfer, you are prompted to ask a unique security question, one that you know the recipient will know the answer to upon receiving. The answer must match 100%, and if it doesn't, the payment is canceled. That's why this solution works among people who know each other and will know the correct questions to ask and answers to give, respectively.
Now, as you will see when looking for payment methods to use across online casinos, you will come across this solution on the list of accepted options, across many sites. Having read what you have now, you must be wondering how it would work when you're not acquainted with the operator, and won't know what question to ask so that you get the right answer for the transfer to succeed. Don't worry, because it has all been thought of. The operator will communicate with you through its Customer Support team once you select the solution as your payment method so that you can arrange the security question and answer that will only be known to you two. That way, you can both be certain the deposit will succeed; the process will go the other way around for withdrawals.
And even though it sounds insanely convenient, there’s one major downside we should discuss: the solution only works for national transfers of money. Unless the casino you’re playing at is based in your country, and has a phone number and bank account registered in a local bank, you won’t be able to use it for deposits and withdrawals.
Assuming you’re playing at a casino based and licensed to operate in your country, though, you are in for a real treat! With this solution, your transactions will be instant and cost-efficient, so make sure you stay to learn how to get started with it and use it to make the smoothest deposits and withdrawals across national online casinos.
Getting Started with It
We mentioned that this solution is incredibly effortless to use, as you’re never sharing any banking details with the recipient, ergo the casino, when sending a transaction, hence, making a deposit. That’s because all you two will exchange is your phone number and/or email address, depending on the requirements on your bank’s part. On that note, virtually all banks in the world allow these kinds of Person to Person transfers, but they will come with different conditions of use. Usually, as said, only the phone number is enough, but sometimes they work via email, or both.
Nevertheless, the solution is basically a feature already enabled, set up on your online banking profile. So, to use it for a deposit at an online casino, you have to select Person to Person as your payment method, and you’ll be prompted to log into your online banking profile, or access your bank’s app, if available. On the home screen, you’d need to select the “Pay a Person” option; if this is a person you’ve already transferred money to previously, you just need to click their name. If it’s your first time sending money to a person, click “Add” and enter their name and phone number/email; you’ll be prompted to enter the phone number/email a second time to confirm.
After you’ve selected the person, you’ll be redirected to a screen where you need to enter the amount of money you wish to send and think of a security question that only you and the recipient will know the answer to and then enter that answer here, click “Send” and wait for the recipient to match your answer. As soon as that happens, you will receive an email/SMS confirming that the payment was successful.
As you can see, the whole procedure is incredibly intuitive, and you are given prompts every step of the way, so it is highly unlikely that you'll make a mistake when using it. Since the procedure will go the other way around when receiving payments, let's go over the actual steps you need to make to use the solution across online casinos for deposits and withdrawals.
How to Deposit at Online Casinos with Person to Person?
Even though quite an unusual solution to use, Person to Person is actually a method offered across many online casinos, as you may have noticed from your search for the casino to join. We mentioned this already, but it is fair to reiterate the fact that you’ll have no difficulties finding and selecting the right site to join that will accept it, for both deposits and withdrawals. Among others, we can mention BetOnline and BookMaker, but you’ll certainly find other options if you did a little digging.
And while we basically just explained in the previous section how the depositing procedure would go, let's go over the exact steps you need to take to start using the solution at an online casino. First, of course, you need to join the site you chose to go with, by registering an account with it. Then, you'd need to go through the following steps to make a deposit with Person to Person:
Log into your online casino account and find the Payment Methods/Banking/Cashier page.
On it, look for the Deposits section, and select Person to Person as your payment method.
In a new window, log into your online banking profile and press “Pay a Person”.
Specify how much you wish to deposit and ask your security question.
In communication with the casino’s Support team, share the answer for the deposit to succeed.
Press “Send” and wait for the casino to provide the right answer; as soon as that happens, the deposit will instantly arrive on your balance.
How to Withdraw Winnings with It?
When receiving money, the procedure would be quite similar, meaning Person to Person would be an excellent withdrawal method. You would need to select it from the Withdrawals section on the Payment Methods/Banking/Cashier page, then in a pop-up, enter the amount you would like to cash out.
The operator will review your request, and if you've cleared all wagering requirements and have sufficient funds to cash out, will approve your request. Then, the operator will enter your phone number/email address and the amount you wish to cash out, along with a security question, and send the money. You will receive an email/SMS that a payment has been initiated so that you can provide the needed security answer. Assuming you provide the correct answer, the money will arrive in your account within a day or two.
Fees and Limits
In most cases, this feature is provided by banks without any fees involved. Since it is basically a national interbank feature, it is usually fee-free.
However, depending on your country and the banks involved, some charges might occur. You would need to consult with your bank to figure out more about any fees involved. There won’t be any fees on your casino’s part, though.
Allowed Countries
Person to Person is available all over the world; the feature is offered by most, if not all, banks in the world, therefore, you won’t have issues when it comes to its country availability, as it will probably be available in your country.
You might, however, have issues if you're playing at a casino based outside your country's borders. As said, it only functions for national transfers, so before you join a casino you're eyeing, make sure it is based in your country so that you can actually use this solution.
Accepted Currencies
Given the fact that the solution is offered globally, any currency would do when transacting with it. Meaning, if it is available in your country, it certainly supports your native currency, whichever that is, be it the euro, the US dollar or the Canadian dollar, for instance.
You won’t be able to use foreign currencies; but since you won’t be able to use it to send a payment to an operator based in a foreign country, this should not pose a problem. In fact, you’ll be at an advantage, as the casino you joined being based in your country will probably allow you to select your native currency for deposits and withdrawals, meaning you’ll avoid paying conversion fees, too!
Person to Person Casinos
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Who do I get in touch with in case I experience a problem with my Person to Person transaction?
You would need to get in touch with your bank's Support team, and they should be able to assist you and inform you of where the error occurred. But if your problem occurred while making a deposit or a withdrawal at an online casino, you can also try the casino's Support service.
Can I cancel a transaction I made with the solution?
Once you send the transaction, it has a “Pending” status and stays that way until the recipient gives the correct security answer. So, if the transaction is pending, you can cancel it, but if the recipient has already confirmed it and received it, you cannot.
How do I know whether the feature is offered by my bank?
Easy. You would need to enter your online banking profile/app and look for a "Pay a Person", "Peer to Peer" or "P2P" button to press. If there is one, you can rest assured that you'll be able to use the solution.
How can I be certain I could use Person to Person for a deposit at my chosen online casino?
One, you’d need to see whether the solution is offered for deposits at your chosen casino. Two, you’d need to check where the casino is based, and if the country matches yours, you can rest assured that you can use it to make a deposit.
How can I know whether Person to Person is an option for withdrawals at the casino I joined?
You would need to check the Withdrawals section on the Payment Methods/Banking/Cashier page; if it is listed there, and the casino is based in your country, you can certainly use it for withdrawals.
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