Using Wise at Online Casinos A Guide Strong shifts in the payment market have led to significant demand for alternative payment methods in recent years. Wise is such an alternative payment method. What exactly is Wise and why is this a promising alternative to Bank Transfer at an online casino?
Although this payment method is not yet available at British online casinos, Wise is working hard as a direct and secure connection between banks for immediate transfers.
With Wise as the undisputed number 1 online payment method in the UK, the door is only slightly ajar when it comes to alternatives. It won't be the consumer's fault. As long as there are sufficient advantages compared to Bank Transfer to the new payment method, the method will probably continue to be used.
Since the payment process is very similar to a payment with Bank Transfer, the consumer will quickly become familiar with the payment process. But why an alternative to Bank Transfer? What is the big advantage for the consumer? The answer to that is simple, namely time savings.
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Last updated: 16 April 2024
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Why You Should Choose Wise?
Although this new payment method cannot yet be found at British casinos, the number of web shops and e-services in the UK with Wise will grow significantly in the coming years.
- Faster Payment Process
The goal as an alternative to Wise is a faster payment process without additional transaction costs. Depositing online will therefore be even faster.
- 100% Secure
Wise is even more secure than the traditional bank transfer or ACH transfer. The new payment option experiences less fraud than is the case with credit cards, for example. If you use this deposit method, you and the online casino are protected by several layers of security, including your phone, the bank, and the provider.
- Well-known Payment Process
The process from indicating the amount to completion is already known to many players. It is the same as Bank Transfer, where you log in to your Wise app.
- Simple Payment Process
In a few simple steps your deposit is completed and the money is immediately in your player account.
- No Transaction Costs
The latest payment method promises a faster payment process without additional costs.
How Does Wise Work?
Eligible e-commerce companies, such as online stores and online casinos, can add the option to the checkout. In the case of an online casino, you can choose Wise as a payment method when making a deposit.
Anyone who chooses Wise as a payment method will be asked to choose from the list of British banks and enter the desired deposit amount. The non GamStop casino will then verify the deposit by validating your identity via your internet banking or banking app.
So you log in to your Wise app. Once authentication is completed, the money will be transferred directly to the online casino account. The deposit can be completed and the money should be directly in your account.
How Do You Deposit Money in an Online Casino With Wise?
- Log in to an online casino
To get started, first log in to one of the online casinos. You usually log in by first entering your username or email. This is the email address you used to register your casino account.
At this time, there are no online casinos with Wise as a payment method. As soon as this changes, we will add the online casinos to this page.
- Choose the deposit option
Once you are logged in to your account, click “Deposit”. This option is often clearly visible on your casino account dashboard.
- Choose Wise as payment method
When checking out at the online casino, choose Wise as the payment method.
- Indicate the amount you want to deposit
Then it is time to indicate the amount you want to deposit into your account. Of course, there is always a minimum amount that you can deposit, but this varies per online casino. Just as there is a minimum amount, there is also a maximum amount associated with a deposit.
- Choose your bank
Indicate which British bank you have your checking account with. So this is one of the British banks.
The most commonly used bank logos are placed at the front of the online casino checkout and your preferred bank is remembered for subsequent payments. So the first time you search for your bank, it will automatically appear at the top when you make another deposit with Wise.
Don't be shocked when you “leave” the online Casino. You will now be automatically redirected to your bank's payment page.
- Returning to the online casino
After you have completed all the steps of the Wise app or website and the payment has been completed successfully, you will automatically return to the online casino. Your balance is then immediately updated.
