Boku casinos are increasing in number, and eminently convenient to use, but is the online banking method one of the top 10 best? Read our detailed review to find out.
Boku is a mobile payment processing method that allows individuals to spend money, including shifting it into online casinos, using just their mobile. No credit card or bank account is required to use Boku casino payments, just a mobile, and it works with pre-paid and pay-as-you-go phones provided there is sufficient funding in the player's balance to satisfy the transfer request. Smartphones have proven incredibly popular, with 80% uptake in some countries and seamless access to the best online casinos, so a payment system that focuses just on mobiles makes perfect sense. Boku has highly resilient security, and can move money instantly into the top 10 best casinos. Players also face no fees for transfers made this way, although cashouts are not currently possible.
Players have plenty of choice when it comes to picking the best online payment method but one consistent desire is for the best possible security. Boku protects player information through mobile authentication. This does not involve OTPs (one time passwords), but verification of a mobile device using its built-in connectivity to the provider network, offering the best seamless security. In addition, Boku engages in digital identity proofing of mobile number, as well as name and address, to enable two factor authentication. Not only that, any suspicious activity on the mobile side of things will be picked up (a new SIM, for example), to identify if fraud or compromised security has occurred.
Even the top 10 best online payment methods have their upsides and weak spots. Here are some of the best and worst things about Boku casinos.
The online casino industry is one of intense competition between operators, and this has helped fuel a constantly improving offer for players in terms of mobile compatibility and available slots and tables games. But perhaps the biggest advantage for players is the rise and increase in real money bonuses in 2021. Many of these come as no deposit free spins and loyalty points, but the most common welcome promo is the match deposit bonus which sees the best online casinos throw in money as a newcomer makes their first few transfers. However, because of high processing fees that come with Visa, Mastercard, and the like, some online payment systems aren't always eligible. To find out if Boku casino payments are, just consult the terms and conditions (the best way is to use the search function to rapidly find the info).
Boku online casino payments are pretty much instant. Here's a step by step guide to transferring money into the best online casinos using this method.
Sadly, Boku is not on the top 10 best financial methods when it comes to convenience as it's only capable of paying money into online casinos and cannot receive payouts. Therefore, players who have some winnings they want to move into their bank account will need to choose an alternative method, picking the best that's available. Often, a default option is used by online casinos in such circumstances, and it's usually bank wire transfers, which we explain below.
Boku casino transfers are one of the top 10 best online payment methods when it comes to international accessibility. The system can be used in the USA, Canada, Australian online casinos, South Africa, and the UK, although not in New Zealand, with many other countries in Europe, South America, and Asia all able to use it. However, this does not necessarily mean that players in countries with Boku can use it for online casino payments as some nations have regulatory limitations that prevent its use for gambling. The USA is a prime example, where Boku casino payments cannot occur despite the system being accessible for other purchases.
We've put together the top 10 best FAQs about Boku online casino payments, so if you've been wondering something about this online banking method just consult our FAQs and you may well find the answer.
No, Boku can only be used to move money into an online casino, not the other way around. Therefore it's not the best option for convenience as a secondary method for payouts will be required.
One of the best parts of Boku is that no fees are incurred for making online transactions.
This applies to all top 10 payment methods, but online casinos may impose their own fees to any given banking method.
Money moved into the best online betting sites should appear there immediately.
An alternative online method is necessary. If you have a free choice then pick what seems best for you, but many sites have bank wire transfers as a default method for payouts.
No, Boku casino payments only require the player to have a mobile phone and a mobile account for money, making it one of the top 10 best in terms of being low hassle and quick to use.
They're not the best for speed, taking anything between 3 to 7 working days to complete.
It is usually the case that online payments with bank wire transfers have relatively large fees imposed, although the specifics vary from one casino to another.
Yes, provided that sufficient funds are present in your balance at the time of transaction. If this is not the case then the transfer request will be declined.
A more widely accepted option for deposits only is Paysafecard, which is supported almost everywhere. Otherwise, the top 10 best e-wallets have great coverage and provide a barrier between bank account and online casino.
Boku casino payments have many good aspects, but is it one of the top 10 best ways to handle personal finance with online casinos? Transfers into betting sites are essentially instantaneous, which is a common but nevertheless significant advantage. In addition, no fees are attached by the payment system, which is the best way to move money into an online casino. Not only that, Boku casino payments are possible from many of the leading betting nations in the world, although not the USA where the system can be used but not for wagering. And the security is among the top 10 best thanks to a very robust approach and little if any data sharing.
There are some downsides to Boku casino payments, though. Perhaps the biggest is that it's only for transfers into online casinos, not payouts, so this is not the best system for those who prefer to use a single method for shifting money both into and out of the best casinos. Another disadvantage is that only modest sums can be shifted, so those who want to play with middling or large amounts are better off looking elsewhere.