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SafetyPay in Chilean Casinos
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Things might be changing, but at the moment of speaking, Chilean players can join legally frequent land-based casino establishments and offshore online casino sites. There are no online gambling regulations at the moment of writing, but players have no obstacles to join international online casino sites, and most that do join these sites, use alternative payment methods like SafetyPay for their deposits and withdrawals. Since standard methods do not allow for easy and convenient cross-border transactions, solutions like SafetyPay come in quite handy for international online casino transactions. So, if you are a Chilean player in the search for the best solution to use across online casinos, make sure you stay to read all about this amazing e-payment method. What is SafetyPay and why use it across online casinos that you can join as a Chilean player?
Online Gambling Regulation in Chile
It is no secret that the online gambling industry in LatAm is posed for immense growth, with so many new Latin American countries legalizing it. And since Chile is a Latin American country that already offers a legal land-based gambling scene, regulated with the Casino Act 2005, expectations are that it will soon legalize online gambling, too.
In fact, in 2023, Chilean regulators passed the bill to regulate online gambling properly, which awaited senate’s approval. And while nothing happened for a few months, the country’s ongoing efforts came one step closer to coming to fruition, when the Chamber of Deputies approved the bill. When andif a regulated online gambling market will launch, remains to be seen.
For the time being, however, here’s what happens: believe it or not, Chilean players are allowed to frequent offshore online casinos. They can play all kinds of interactive casino games like slots and Live Casino titles, without a worry on their minds, since offshore operators are permitted to offer their services to Chilean residents. This is not the case with most countries that do not have proper online gambling regulations; on the contrary, most such countries ban offshore operators. But Chile doesn't.
Therefore, as a Chilean player, at the moment of writing, you still have no obstacles to joining any international online casino site that you want. Luckily for you, there are thousands of international online casinos at your disposal, each offering better and wider game choices than the other. And since game offering won’t be a problem, you have to focus on the payment method choices offered across these sites, as things are a tad tricky in this compartment.
Once you start checking out the payment methods lists across international online casino sites, you will see that there are not that many local options that you can use, to transact in your local currency, the Chilean peso. What’s more, even the global methods offered might not work for you, as not all allow for smooth cross-border transactions for Chilean residents. But there’s one option that will most certainly work, a local solution that turned global, the payment method SafetyPay.
The solution initially catered to LatAm users only, believe it or not, before going international. As such, it is still mostly focused on LatAm markets, offering the most amazing services to LatAm users, including transactions in their local currency. The solution joined the digital payments revolution in Latin America, side by side with some of the greatest alternative payment methods, to make digital transactions as effortless as possible for all users from its primary LatAm markets. Therefore, you can rest assured that it will be the most convenient to use across online casinos, for the most seamless deposits and withdrawals.
If you wish to learn more about it, please follow our lead, as in the next section, we’ll tell you all about its beginnings and its current popularity across the top online casino sites that cater to Chilean players.
Using SafetyPay Across Chilean Online Casinos
SafetyPay’s history began in Chile, your home country, actually, since the concept behind it was designed by a Santiago-born investment banking analyst Adrian Neuhauser. After being unable to purchase a PC part online from a California-based store, he wanted to come up with a payment solution that would facilitate cross-border transactions for LatAm users. In 2007, he partnered up with Manuel Montero, an Argentine rugby player, and created SafetyPay, which was initially an eCommerce payment platform designed to allow LatAm users to make cross-border transactions.
The first bank signed up, as well as some merchants from Peru, and after the beta test was success, by 2009, the solution was ready for business. Soon, it expanded to other Latin American countries, like Mexico, Brazil, Argentina, Costa Rica, Colombia, Guatemala and Ecuador. To this day, these are its primary markets and the markets where most of its services are offered.
Speaking of the services offered, the solution was repurposed from an eCommerce payment platform to an e-payment method, thanks to software that offers all kinds of real-time payment solutions, like alternative payment methods, eCash, and bank transfer options. Therefore, regardless of whether a user is banked or unbanked, they could use it. And that’s why one of the greatest, most powerful online payment companies, PaySafe, eventually acquired it in 2022, and with that, the solution went international.
The way in which you get started would depend on whether you are banked or unbanked. Banked users can use their bank accounts to transact with it, via their eBanking profiles with over 100 worldwide banks, including the Chilean BCi, Security, Itau, Banco de Chile, Santander, Banco Estado, Corpbanca, BICE, Falabella and Consorcio, to mention a few. Unbanked players can use one of over 180,000 cash collection points like Caja Vecina, Lider, Acuenta, Serviestado, and Express de Lider, take their cash with them, and deposit it to make a digital transaction with it.
You won’t need to register an account with it to use it, as you can see, as it is a service offered by your bank or the cash collection point. We'll now take you through the depositing/withdrawing procedures at an online casino with it so that you can see how easy the steps are to make transactions with it in practice. Follow our lead in the next section, and in no time, you'll be depositing/withdrawing with it effortlessly, across a great number of online casinos that cater to Chilean players.
Casinos for Players from Chile that Offer Safetypay
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Depositing and Withdrawing with SafetyPay
Given how easy the solution is to get started with, since basically you skip registration, you should not be surprised to learn that it is as easy to use across online casinos. We already established that Chilean players can join any international online casino they want. And we also established that, especially after the PaySafe acquisition, SafetyPay is offered across a great number of international online casino sites. Therefore, you have hundreds of sites to go through in hopes of finding the most perfect site to join.
So, roll up your sleeves and start searching for the ideal site to register a player account with. Disclose some very basic personal details with the operator, like email and name, and your account will soon be ready to be used. From here, to make a deposit with SafetyPay, go through these intuitive steps:
- Head over to the Banking page on your registered player account.
- Locate the Deposits section and find SafetyPay’s logo on it.
- Press it and select whether you’ll use the option for banked or unbanked users.
- Specify how much you want to deposit.
- Use your eBanking profile credentials to enter your account or go to the nearest cash collection point to complete the transaction.
- In real-time, the money will arrive at your casino balance.
Withdrawals with SafetyPay are possible for banked users only, unfortunately; if you’re unbanked, you would need to look for an alternative method to cash out. Banked users, on the other hand, can request withdrawals as effortlessly as they requested deposits with it.
The steps are practically the same, with some slight, expected differences. First, you choose the selection from the Withdrawals section on the Banking page and then just enter the amount you want to cash out. Enter your eBanking account and confirm your request. The operator will check it out, and as soon as it approves it, the money will be transferred from your casino balance to your bank account in less than a minute!
Conclusion
For you as a Chilean online casino player, there’s no better payment method to use across international online casinos than SafetyPay. This is basically a local payment solution that went global but continued catering to LatAm users in the best way possible. It allows you to use the Chilean peso for your deposits and withdrawals, and it is extremely easy to get started with and use, no matter if you’re banked or unbanked. So, at least make sure to give it a try, and you’ll see how amazed you’ll be by it.
FAQs
Is online gambling legal in Chile?
No, at the moment of writing, online gambling is not legal in Chile, but the country is in talks to introduce a proper regulation. At the moment of writing, however, Chilean players are allowed to frequent offshore online casino sites.
Are Chilean players ever prosecuted for frequenting international online casino sites?
No, actually, they are not, at least not at the moment of writing. Since there are no proper regulations as of yet, Chilean players are allowed to frequent international online casino sites without ever being prosecuted for it.
Will I find SafetyPay across many international online casino sites that accept Chilean players?
Yes, actually. The solution was already offered across so many international online casino sites that catered to LatAm players, but after it was acquired by PaySafe, its popularity grew even further. Therefore, you’ll surely have hundreds of sites to check out where you can use it.
Can I use a foreign currency when depositing with SafetyPay across international online casino sites?
Yes, sure you can, but you won't need to. Given how transactions with foreign currencies are subject to conversion fees and the Chilean peso is a supported currency, you won't need to use foreign currencies across international online casino sites that also support your currency. So, try to look for sites that do offer your native currency, to avoid exchange fees.
Is SafetyPay’s official website offered in Spanish?
It most certainly is. It is offered in the two most widely-spoken languages in LatAm, Spanish, and Portuguese, but it also supports English, of course, since the solution is now offered globally.