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Rapid Transfer Online Casinos
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Online banking is a popular way for users from all across the globe to pay online, so many leading financial companies have successfully launched their products to facilitate the transfer of money from one to another bank account online as Skrill did with Rapid Transfer. The globally popular banking service, Skrill, part of the PaySafe Group, wanted to allow online casino players to use a payment solution for deposits across many sites that eliminates the need for multiple login procedures, via one well-protected platform, offering an access point to and from over 170 banks in the world. As such, this solution is incredibly popular among casino players, from all across the globe, since it allows them to make the smoothest deposits and withdrawals in various currencies. Why decide to use Rapid Transfer at an online casino?
About Rapid Transfer
As introduced, Rapid Transfer is a payment method that lets you pay directly from your bank account without leaving the merchant’s website, conveniently and instantly. Users who prefer the security of online banking instead of alternative payment methods and credit cards love it, and that’s why its popularity across the internet keeps on growing.
Skrill, one of the most well-known alternative solutions in the world, part of PaySafe Group, launched the solution way back, to allow a huge user base to pay online instantly in a safe and effortless way, without having to register another yet account, and still make a deposit from their bank account to the merchant's. Thanks to Skrill's unrivaled reputation and impeccable track record, the potential user base was more than willing to give it a try, and once they did, they were thrilled with it.
What happens is, that the solution integrates with the merchant’s platform, just like Skrill does, but instead of being a separate method, a separate product, it acts like the middleman between your bank account and your chosen merchant’s bank account.
Initially, as a trial version, it was released only in seven European countries, but today, you’ll find it in more than 20. Due to the fact that it caters to such a varied user pool, it made sure to facilitate transfers in several currencies, to attend to their needs and preferences even more. And, considering over 200 million European users use it on a daily basis, we can safely say it succeeded in its plan. Add to this the fact that another brand that’s part of the PaySafe Group, Neteller, introduced it as a fast option for deposits, too, and there you have it, the reason why the solution got so popular with online casino players from all across the world.
Allowing online casino players to pay in seconds and have their payments authorized using their existing online banking credentials, Rapid Transfer has quickly climbed to the top of the lists of payment methods across many sites. It is incredibly cost-efficient and safe, so anyone not wishing to share credit card details with the operators is using it for deposits. So, if you’re a European player, too, make sure you continue reading to figure out the steps you need to take to start using it, as next, we’ll take you through all the details.
Getting Started with It
Due to the fact that it is not really a standalone payment method, but a type of service provider that connects banks, making the transfer of money super quick and safe, you don’t need to register an account with it to start using it. You do need, however, to have your online banking profile set up, in order to be able to use its services. And by default, you need to have an active bank account, too.
So, to start using it, all you'd need to do is select it as your payment method on your chosen merchant platform, or in our case, your chosen online casino, and you will be redirected to a page where you need to select your bank, the bank you hold an account with. Once the bank is selected, you need to use your existing login details to access your online banking service. Next, you'd need to specify how much it is that you wish to send and confirm the transaction.
Transactions with it areprocessed in real-time, meaning once the transaction request has been confirmed, the funds immediately arrive at the designated account destination. Therefore, if you're more than excited to give it a try, stay with us, as next, we'll take you through the actual depositing procedure with it at an online casino.
How to Deposit at Online Casinos with Rapid Transfer?
The first thing you should know about Rapid Transfer and the online gambling industry is that the solution was actually designed for and intended to be used by online gamers and gamblers. That is why it is insanely popular across online gambling sites, since operators can easily integrate it into their platforms, and players can easily use it for their online casino transactions. In short, you will find the solution offered across over 500 online casinos, believe it or not!
Having in mind the fact that the choice of sites is huge, your task would be to narrow down the list of candidates, maybe based on your country of residence, and then select a few of them to check out. Once you decide you’re satisfied with all the things it offers, register an account with your chosen casino. To make a deposit with Rapid Transfer, go through this procedure:
- Head over to your chosen online casino and jump to the Payment Methods page.
- Look for Rapid Transfer’s logo on the Deposits list.
- In the pop-up, select your bank and use your credentials to access your online banking service.
- Enter the amount you wish to deposit on your balance and confirm the transfer.
- In real-time, the funds will arrive.
How to Withdraw Winnings with It?
Considering it works both ways, meaning merchant refunds and payouts are available with it, the solution is an option for withdrawals, too.
The withdrawing procedure will be familiar, as it is very similar to the depositing one. But this time, you're skipping the logging into your online banking profile step, and instead just enter the amount you wish to cash out. The operator will ensure your request is thoroughly checked out before approving it, and from there, the money will reach your bank account in no time.
Fees and Limits
As far as fees go, as mentioned, Rapid Transfer is a really cost-efficient payment solution. Some basic, minimum fees apply to sustain its role in the transfer, but these won’t really affect your overall experience, as you’ll barely notice them.
Considering this is a solution that works through banks, no transaction limits are imposed on its part. Bear in mind here, though, that the casino operator, due to regulatory reasons, must set transaction limits, so you must check those.
Allowed Countries
We said that over 20 countries have embraced the solution, so players from all of these European countries can use it for their deposits and withdrawals.
It is most popular in Estonia, Finland, Latvia, Lithuania, and Hungary.
But you will find it in many other countries like Germany, the UK, Spain, Portugal, and Ireland, all perfectly safe and regulated online gambling markets.
Accepted Currencies
Having in mind the available countries and assuming you remember that we mentioned its availability in several currencies, it should come as no surprise that Rapid Transfer will allow you to use your native currency for your deposits and withdrawals.
The euro, being the currency in countries members of the European Union, is, of course, one option. Others include the Danish krone, Polish zloty, and the UK pound/sterling. These are also currencies offered across most casinos that accept the solution and players from the respective countries, so you can rest assured that if a player from an available country, you will avoid paying conversion fees, as you’ll be using your native currency.
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FAQs
Which are some of the online casinos that offer Rapid Transfer for deposits and withdrawals?
Bet365, PokerStars, and bWin are just some of the leading online gambling platforms that offer the solution as a payment solution. Here at WoO, you will find plenty of other sites, all reviewed and hand-picked for your convenience, so make sure you check them out.
Is there an official Rapid Transfer website I could explore?
No, not really. Since this is a service launched by Skrill, and not a standalone product, and with that, it requires no registration, but you log in using your online banking credentials, there was probably no need for designing a whole new website for it. You can learn all about it by visiting the separate dedicated page on Skrill’s official website.
Can I explore the Rapid Transfer page in different languages?
Yes, sure. Polski, Espanol, Deutsch, Francais, and Italiano are all your options, in addition to English, of course. These are all languages spoken in the European countries where it is accepted, so you’ll probably be able to explore it in your native language.
In case I have any questions or face any problems with it, whom do I contact?
As you would assume, considering there’s no official website for the service, there’s no separate Customer Support service you could turn to in case of problems or questions; even better, you have Skrill’s world-class, professional, and well-trained Support team at your disposal.
Will the solution be offered for withdrawals by default if already offered for deposits across online casinos?
In most cases, yes. The solution is quite popular for withdrawals, as it allows users to get their winnings directly to their bank accounts, without much fuss. The withdrawing procedure is far more effortless than the depositing one, and that’s why operators are more than willing to offer it for withdrawals. Just in case, though, before you register with the casino you’re eyeing, make sure you double-check whether the solution is listed in the Withdrawals section.