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It is basically a pre-paid e-wallet solution that has all the benefits of
using a credit card, but none of the shortcomings. Users simply need to register
a free click2pay account at www.click2pay.com, following which, they can utilize
their debit card, credit card or issue a bank wire to transfer funds into the
account. (US residents unfortunately not accepted).
Once the account is funded, users simply need to log onto an affiliated
online casino, visit the cashier and select the click2pay deposit option. Here,
they will be transferred electronically to the click2pay login site,
where they will need to enter their previously assigned PAN (Personal
Identification Number) in order to conclude their transaction. The process is
similar to that of internet banking, but since the click2pay account is not a
bank account, the user's concerns with regards to fraud, unauthorized debits and
identity theft are much reduced. Security precautions by way of highly advanced
encryption technologies and fraud detection systems are employed by click2pay to
ensure that users are confident in making their online purchases.
As with most transactional tools, there are fees for the transferral of
funds. click2pay publishes all deposit and withdrawal costs on their website,
but in essence, deposits made into a click2pay account via credit card are
charged at 3%, whilst bank transfer incur fees of 2.5 Euro. Withdrawals from the
click2pay card can be done utilizing the click2pay debit card, or alternatively
via cheque. Both are charged a fee of 10Euro. Deposits into a click2pay account
via debit or credit card are instantaneous, whilst bank wires could take up to
3 working days due to authorization and clearance criteria. Withdrawals from a
click2pay account to a debit card are immediate, but cheque payments can take as
long as five working days.
click2pay is a popular e-wallet solution that offers transactional facilities
in numerous currencies across Europe, America, Africa and the Asian Pacific.
Their website and login centre is available in twelve different languages, as
well as their 24 hour support centre. The only foreseeable problem with this
payment portal is that users are usually assigned a star rating which determines
weekly expense limits on their accounts. For gamblers enjoying high stakes, this
might not be the best transactional tool.
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