Page updated on: 12.05.2020

EPS Casinos and Guide for Deposits and Withdrawals

EPSEPS stands for Electronic Payment Standard. The system was developed by the banks in Austria together with the government and it's aimed to make online bank transfers quick, safe and easy. Now, over 80% of Austrian online shops and vendors support payments with EPS.

The payment option is only available for users in Austria, or with an Austrian bank account. Every Austrian bank is supported. The system eliminates the processing time of regular bank transfers, as your account is debited immediately and the vendor credited instantly.

Advantages

  • Free of charge for users
  • Instant bank transfer

Disadvantages

  • Only for users with an Austrian bank account
  • Not widely accepted at casinos
  • Payments appear on bank statements

All EPS Casinos:

This list provides you an overview of the best online casinos with EPS as a payment option. Each of these casinos has a good player reputation and is fully licensed. By taking a look at our reviews you can find out more about the payment policies of the casino, games, bonuses and more.

Name Highlights Rating Links
Caxino ✓ Bonuses have low wagering requirements and good terms
✓ interesting loyalty and VIP program
✓ 1000 games on desktop and 900 on mobile
✓ Game Types: Casino, Live Casino
Visit
King Billy ✓ Pay N Play for Finland players
✓ payments are processed within an hour
✓ bonus terms and wagering are very good
✓ 3500 games on desktop and 2500 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Wildz ✓ Bonuses with low wagering requirements
✓ many loyalty rewards
✓ 1000 games on desktop and 900 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Queen Vegas ✓ 24/7 customer support
✓ payments are processed in a timely manner
✓ 1300 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Playmillion ✓ 24/7 customer support
✓ Withdrawals are processed fast
✓ 350 games on desktop and 100 on mobile
✓ Game Types: Casino, Live Casino
Visit
Review
Jetbull ✓ Withdrawals are processed within 24 hours
✓ Low bonus wagering requirements
✓ very large and diverse game selection
✓ 4900 games on desktop and 3800 on mobile
✓ Game Types: Casino, Live Casino, Sportsbook
Visit
Review
Karamba ✓ mobile optimised casino
✓ fair bonus wagering requirements and terms
✓ 700 games on desktop and 500 on mobile
✓ Game Types: Casino, Live Casino, Sportsbook
Visit
Review
Energy Casino ✓ many promotions for casino and sportsbook
✓ Telephone support is also available
✓ large game selection from many developers
✓ 1200 games on desktop and 800 on mobile
✓ Game Types: Casino, Live Casino, Sports Betting
Visit

How does EPS work?

The payment option EPS is an instant bank transfer system. The payment system performs an instant bank transfer directly from you bank account while eliminating the bank processing time of a bank transfer.

A bank transfer usually takes a few days processing time, which is not the case with EPS. This debiting system will charge your bank account and the vendor or casino will be paid immediately. A few days later you'll see the charges on your bank account.

Casino deposit with EPS

Using EPS for the casino deposit is simple. Enter the amount you wish to transfer to the casino and select the payment method from the list of available methods. Then you'll need to select your bank from the list of banks and you'll be redirected to your online banking to which you have to log in. You need to confirm the payment with a transaction number from your bank.

Once the bank has accepted the transfer, the money will be available in your casino player account within moments and you can start playing the casino games.

Casino withdrawal with EPS  

EPS cannot be used for the casino withdrawal, but it's possible to request a regular bank transfer. This transfer will take a few days processing time after the transfer has been initiated by the casino. Keep in mind that an online casino will check the withdrawal request and may require you to verify your identity before sending you the money.

The casino processing time can take between a few hours or days, which will make the total time of the withdrawal longer, but you can speed up the process by verifying your identity with the casino before requesting any withdrawals.

Conclusion

EPS is a convenient payment method for users from Austria who want to make a casino deposit from their bank account but don't want to wait a few days for the money to arrive in the player account. The EPS deposit is instantly credited to your account after the bank accepted the payment.

A small drawback is that EPS charges will appear on your bank statement, which makes it less anonymous, and if you don't wish o have casino charges on your bank statements, you might want to consider a more private payment method, such as for example Neteller or Skrill e-wallet.

Furthermore, the payment option cannot be used for an instant withdrawal, and you might have to wait a few days for your winnings. There are e-wallet options available which allow for fast deposits and withdrawals.

Overall, EPS is a very safe payment method, especially for online transactions, as every transaction has to be confirmed with a unique transaction number, making fraud very difficult if not impossible.

FAQ

EPS only supports payments in Euro. If you use it to transfer funds to another currency account you can expect to pay conversion fees, which may be hidden in an exchange rate that is unfavourable for the user.

The fees for EPS are usually carried by the vendor or casino offering the payment method. However, some casinos pass on the fees for payment processing to their users, so it's best to take a look at the payment policies of the casino before depositing.

A payment made through EPS is instant and you can start playing casino games within a few moments after the payment has been accepted by your bank.

There are a few online and mobile casinos available that accept EPS payments, and you can find an overview of the best ones here at CasinoDaemon.com, including detailed reviews and more.

The minimum and maximum transaction limits depend on the casino's policy. Most online casinos accept deposits from €10, but some have higher limits. Similarly, the withdrawal may start from €10 or €20.

How much you can transfer in one transaction also depends on individual casino policies, but in general, the limits are higher than with some other payment methods, due to the nature of the bank transfer.

Some casinos offer players from Austria a casino bonus, and you should also be able to claim this bonus with an EPS payment. Sometimes, certain payment methods are excluded, like Neteller or Skrill, and you can't get a bonus with them, but EPS is usually not excluded. In any case, we recommend reading the bonus terms of the casino.

A transfer with EPS is safe, as you login with your online banking details to your bank, and then confirm each payment with a unique pin. Furthermore, every casino uses SSL encryption nowadays and they are also not informed about your online banking login details.

This payment method is very safe to use for online payments, also because it was developed by the Austrian government in collaboration with the banks.

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