Payforit casinos are increasingly accessible for players from the UK, but is this British payment system one of the top 10 best, and can players in other countries use it? Read on to find out all the details.
Payforit works by allowing UK players to use their mobiles to pay for services and goods online, including casinos. Payforit is not an individual entity but a method put together by various of the best big mobile providers, including O2, EE, and Three. The system, therefore, is not accessible in countries other than the UK, which is its principal downside. Transfers into Payforit online casinos are capped at £30 a transaction, making it best suited for those who play with small stakes. In addition, it can be used to move money into an online casino, but not to cashout winnings. Transfers are authenticated through a code sent by text to verify the movement of money as legitimate.
Security is a natural concern for all players, even though the best online casinos in the UK tend to have very robust safeguards in place. Using Payforit for casino payments means that players don't need to share personal banking or card details, decreasing the potential for security breaches when moving money about online. It uses an individual's mobile phone and authenticates payments by sending a confirmatory SMS. The lack of shared financial details coupled with verification by text makes this one of the top 10 best methods for security.
All the top 10 best online banking methods have upsides and drawbacks, and here are some of the major advantages and weaknesses of Payforit casinos.
Players have more online casinos from which to choose than ever before, and this has proven hugely beneficial as online betting sites compete with one another. This has led to slicker navigation, better mobile support, larger selections of games, and, best of all for Payforit casino players, welcome bonuses. These promotions include no deposit free spins, free cash and, most commonly, introductory match bonuses that are universal at the top 10 best online casinos. However, sometimes certain banking methods are not accepted for these match promos that see the online casino throw in money as a player pays money in. This is to avoid large processing fees associated with major card companies. To find out if Payforit online casino transfers are eligible for such a promo, the best way is to just consult the terms and conditions which will clearly specify the state of play.
Transferring money into Payforit casinos is no trouble at all. Here's our step by step guide through the process.
Due to the nature of this online payment system it cannot be used to make withdrawals, so it's not the best on that score. However, Payforit casinos usually have a default method for payouts in such circumstances and it's normally the bank wire transfer, which we explain below.
Every one of the top 10 best online payment methods comes with a certain degree of geographical restrictions, but some are more limited than others. Unfortunately, Payforit online casinos are definitely not the best in this regard as they're limited to a single country. If you're in the UK, this banking method is accessible, and if you live anywhere else at all in the world then it is not. Players from New Zealand to the USA cannot use Payforit in 2021, and will have to pick from the best alternative methods instead. It's a shame, as the banking method is quick, convenient, and has no directly associated fees attached, but right now it's for UK mobile users and nobody else.
If you've got questions about the ins and outs of Payforit casino payments and aren't sure where to look for answers, give your handy top 10 best FAQs list a once over and we might well have the information you're looking for.
No, alas. Players can make swift payments into the best online betting sites using this system but in order to receive cashouts a secondary online banking method will be necessary.
The best online casinos do have options for making payouts for those who have used a deposit only method to transfer money in. Often they have a default banking method, with the most common being the bank wire transfer, the details of which we explain in the withdrawal section of this article.
Very rapid, with the best online casinos receiving the money instantly (although internet traffic can always cause minor delays).
This will depend on the method used. Both bank wire transfers, the most frequent default option, and checks (a common alternative), are relatively prolonged processes. The top 10 best online casinos may complete a bank wire transfer within 3 days, with slower sites taking longer.
No fees are applied by the method itself, making it one of the best ways to pay money into an online casino.
Yes, transaction limits do apply to payments made using this online banking system, and they're among the most stringent of any finance option. Players can only transfer £30 at a time, which is fine if you're playing for small stakes but players of a high roller or middling status are best off looking for an alternative that allows for larger sums to be moved around.
One of the drawbacks of Payforit payments is that they can only be made by UK players, so those from anywhere else in the world, whether Europe, North America, or Australia, will find themselves unable to access this online banking method and are best advised to look elsewhere.
Yes. Not having to supply details regarding either bank accounts or credit cards, or personal info, makes this a safe way to transfer money online.
Although the system itself does not impose fees, betting sites may apply fees to any particular online banking method so be sure to check the details for yourself.
For payments in only, pre-paid Paysafecard is an almost ubiquitous option, and Neosurf is another strong contender. For making transfers both ways, Visa and Mastercard are universally accepted, and major e-wallets ecoPayz, Neteller, and Skrill are also very commonly supported by the top 10 best online casinos.
All that brings us to the ultimate question of whether or not Payforit online casino payments are one of the top 10 best ways to handle money online for players interested in betting on slots, table games, and using welcome bonuses. There are certain very significant advantages to Payforit, one of which is that neither credit card nor banking details are shared online when transactions occur, meaning that said information cannot be compromised. Many players are nervous about money matters and this is a reassuring and secure feature of the payment system. Another of the best parts of using Payforit casinos is that the money should appear in your balance almost immediately upon completing a transfer, so there's no waiting around. The method itself is one of the best in terms of being swift and straightforward, and it has no fees attached (be aware, however, that even the best online casinos may elect to impose fees on any banking method. Details should be presented in the cashier section of a website).
There are some downsides, however, and the biggest one by a country mile is that the vast majority of online betting nations cannot use the system. It's strictly UK only, so players from the USA, Canada, other European nations, New Zealand and so on are unable to use it and must pick from the top 10 best alternatives. In addition, there are some other negative aspects of Payforit online casinos. It's not the best for convenience because it cannot be used for cashouts, and the low transaction limits mean it's not a top 10 choice for players with deep pockets.