Entercash Casinos and Guide for Deposits and Withdrawals
Update: Entercash was acquired by Trustly at the end of 2018, and payments are being processed through the Trustly instant banking service, which works in the same way, but also allows for withdrawals from casino player accounts.
The payment product Entercash is offered by the company Entercash Ltd, who have their headquarters in Sliema, Malta and are regulated by the MFSA. The product is an instant banking gateway that allows users to make direct payments from their bank account to the merchant, and it eliminates the processing time that a regular bank transfer would take.
You can make payments to all sorts of online businesses and also online casinos, and the real-time payment will allow for the payment to be effected immediately. They are currently available to facilitate payments in 18 countries, they support 4,300 banks and have around 100 million customers. They have also partnered with many payment operators, including EveryMatrix, Payvision, DevCode, Pay On and PPRO.
All Entercash Casinos:
This overview provides you a selection of online casinos that accept Entercash as a payment method. Each casino has at least one license from a reputable European jurisdiction and you can find a detailed review providing information about the payments, games, bonuses and everything else you might want to know about the online casino.
How does Entercash work?
Entercash will act as an intermediary between the merchant and your bank and make the payment to the merchant while debiting your bank account automatically. You won't have to sign up to use the service either. You'll have to confirm each transaction through your bank account's security feature, which makes it a very safe payment method.
Advantages and disadvantages of using Entercash at casinos
- instant payments from bank accounts
- no need to use credit cards
- no fees for users
- withdrawals are possible through Trustly
- transactions appear on bank statements
Casino deposit with Entercash
A casino deposit with Entercash is simple. Provided you are resident in a country that supports Entercash, simply select it from the list of available payment methods at the casino, select the amount you wish to deposit and continue by selecting your bank. You'll then have to sign in to your online banking and select the account from which you wish to have the amount debited. The transaction is confirmed with your bank's online banking security feature, such as a unique transaction number generated by your security device from your bank.
The service will check that available funds are covered and then transmit the amount directly to the casino, while debiting your account at the same time. This also means that transactions to casinos appear on your bank statements, which makes them less discreet.
Casino withdrawal with Entercash
A withdrawal with Entercash is not possible itself, but the withdrawal can be made through the Trustly payment service.
Fees for using Entercash
Making a payment with Entercash is generally free for the user, and the charges for the payments are carried by the casino or merchant offering the payment method. However, some casinos charge the fee to their users, so it's best to take a look at the payment policy of the respective casinos.
Is Entercash a safe payment method?
Entercash has been available since 2011 and since expanded gradually to reach more markets. The company continuously works on further expansion and currently covers almost 20 countries. The company is licensed and regulated by the Malta Financial Supervisory Authority and is regularly audited for compliance. A transaction made with Entercash is secured through SSL encryption, and your online banking details aren't stored with the provider. They have gained a good reputation over the years and users appreciate that payments can be made cost-effective and quickly. All in all, it is a very safe payment method offered by a trustworthy and serious company.
Entercash instant banking payments are a quick and convenient payment method to deposit money into a casino player account or make a payment to another online merchant. Many countries and banks are supported, and the company constantly expands their services to new regions. You can find Entercash accepted in many casinos, and transactions are secured through your online banking security feature. A small downside is that casino payments appear on statements, so if you wish to make a more discreet payment, you might want to consider a different payment method, such as Neteller or Skrill.