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Person2Person Money Transfer Online Casinos
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Online casino players have hundreds of payment solutions at their disposal, both traditional and alternative solutions to allow for smooth transactions, but with Person2Person money transfer, they can rest assured their deposits and withdrawals will be seamless. If you're a player looking for the perfect solution to use to make easy and safe transactions to and from online casinos, make sure you give this method a try, as in just a few taps on your mobile device, you'll be transacting in your own currency, having the most effortless online banking. What is Person2Person money transfer and why decide to try it across online casinos?
About Person2Person
The Person2Person money transfer payment solution appeared around the time mobile devices did, more precisely when banking went online. When these two crossed paths, they provided an opportunity for this payment solution to arise, out of the need to combine the two so that users can get the most effortless online transactions.
Now, with P2P money transfer, you get to send and receive money transfer via your mobile device to and from any of your contacts, through your online banking profile. With this solution, you can forget about cash and alternative payment solutions, as you can make the most convenient transactions. As long as you have the mobile phone number, or in some cases the email address, of the person you intend to send money to or receive money from, you are covered. You don't need to write down or remember huge bank account numbers just to send/receive money online; with P2P money transfers, your online transactions are as smooth as they get.
The solution works on the principle of trust. As an added level of protection, in addition to the security systems of the banks involved, whenever sending a transfer, you need to ask the recipient a unique security question, and they need to answer it correctly so that the transfer can succeed. Otherwise, it will be canceled.
But this leads us to the thing that will concern you most; the solution only functions for local money transfers. While this might sound like a negative thing, trust us, the solution is still offered across many online casinos, especially in big gambling jurisdictions, precisely for this, as both players and operators consider it a bliss. It is particularly popular in the UK, for instance, among UK players and operators, as it allows for instant transactions at a really low cost. So, in case you wish to know how to get started with it and eventually use it as your online casino payment solution, continue reading.
Getting Started with It
We already mentioned that the solution is actually a combination of online banking and mobile devices. In fact, it is a feature offered by your bank, which you can use right away, as it is pre-enabled, as long as you have an active online banking profile. And a mobile device, of course.
So, to initiate a transfer with it, you just have to enter the recipient’s mobile phone number or email address, depending on what's asked of you by your bank. Person2Person money transfer is offered all over the world, by all banks basically, but each bank has put in place its own requirements when it comes to it; nevertheless, usually, the mobile phone number is needed, rarely the email address, the one you/the recipient have entered when you created your online banking profile.
Meaning, that once you enter your online banking profile, you select the "Send a Transfer to a Person" option, or however it is called in your case, enter their phone number or email once, specify how much you wish to send, and then enter their phone number or email again to confirm it. Then, you'd need to create a security question you believe the recipient will surely know the answer to, and complete the transaction. After the recipient provides the right answer, you will get a message or a notification of the success of the transfer.
The procedure goes the other way around, literally, when receiving a transfer, so if you’re now convinced how easy it is to use and how effortless would be to use as an online casino payment method, stay with us to learn the exact steps you’d need to make to start using it for deposits and withdrawals across the many online casinos that accept it.
How to Deposit at Online Casinos with Person2Person Money Transfer?
Finding the right casino to join can be an exhausting task, but not when you have a specific payment method in mind that you'd like to use since the selection would be far easier. Well, Person2Person money transfer is a method offered across many casino sites, legitimate sites you could join right away, without checking what else they have to offer since they offer anything you might need. A varied choice of games, excellent T&C, and a lot of bonuses and promotions, for instance, are what you can get at BetOnline, one site that certainly offers P2P money transfer.
Do your own research and find the site you’d like to join, and then create an account with it. To make a deposit with Person2Person money transfer, do the following:
- Head over to the Cashier/Payment Methods page at your chosen online casino.
- Locate the Deposits section and then find the Person2Person money transfer's logo and press it.
- In the pop-up, enter your online banking profile and select P2P to initiate the transfer.
- Enter the amount you would like to deposit and enter a security question.
- Get in touch with the casino’s Customer Support team to tell them the answer to the question for the transfer to succeed.
- Confirm the transaction and as soon as the casino answers the question correctly, the money will instantly land on your casino balance.
How to Withdraw Winnings with It?
We already said that the procedure for receiving money would be basically the other way around, so you probably know what to do to make a withdrawal with the solution.
You’d need to select it as your withdrawal method from the Withdrawals section, and then just specify how much you’d like to withdraw. The operator will receive your request and review it, and once it accepts the amount of money to send and enters the security question, you will receive a message informing you that you need to provide an answer. Do that, in consultation with the Support team, and wait for the transfer to arrive in 24 to 48 hours.
Fees and Limits
Being a local service, designed to facilitate the way users use their mobile devices and online banking profiles to make smooth transactions, the Person2Person money transfer usually comeswith no fees.
You would still need to get in touch with your bank to learn more about whether or not some symbolic fees are charged, but in most cases, there won’t be.
Allowed Countries
We already said that the solution is offered across all banks in the world, but also, that you can only use it for national transfers of money.
Therefore, even though globally available, only if you’re living in the same country where your online casino is based, can you use it for deposits and withdrawals at that casino.
Accepted Currencies
All currencies are an option with Person2Person money transfer, all currencies of the countries it is offered in.
Meaning, you will be able to make transactions in your native currency, avoiding any possible conversion fees when making deposits and withdrawals at your chosen casino. That is, assuming you’ve selected a casino that not only is based in your country but also accepts your native currency, be that the UK pound, the euro or any other currency.
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FAQs
How do I find out whether the casino I’m eyeing offers Person2Person money transfer?
You can check, by going to its homepage, as usually, the logos of the payment methods are displayed, but not necessarily. Sometimes, you’d need to go directly to the casino’s Cashier/Payment methods page to search for its logo, so do that if needed.
Can I get Customer Support in case I have an issue with my transaction with the solution?
Sure. Considering it is a feature offered by your bank, try your bank first and they should be able to assist you. But, if you’re having issues with a deposit or a withdrawal, you can also get in touch with your chosen casino’s Support agents, as they’ll also know what to say.
How can I be certain my bank offers Person2Person money transfer?
You can rest assured that most banks in the world do if not all, but the easiest way to check the fact would be to enter your online banking profile and look for an option "Send a Person a Transfer", "Pay a Person", "Pay a Friend" or similar; if you can see one, then you can rest assured you can use the solution.
How can I find out if the casino I joined is based in my country or not?
You would need to check its About Us page or T&C page, and normally, you can find such piece of information there; but sometimes, operators state their country of operations at the bottom of the homepage, too, so check there. If it is, indeed, based in your country, you can rest assured that you’ll be able to make a Person2Person money transfer with it.
Is it possible to cancel a transaction I made with Person2Person money transfer?
In most cases, yes, if the transaction status is “Pending” and not “Sent/Received”. If the recipient has already provided the correct answer to your security question, and the transfer has been received, you won’t be able to cancel the transaction.