Boku is not the most popular payment method in the world but with mobile casinos getting more popular each day, mobile payments have also been on the rise. As a consequence, the popularity of the method has been rising steadily especially with everything that has been happening around the world, and more people preferring to stay at home and play at their comfort.
To put it into perspective, Boku has over 3B potential users (mobile users) but so far has verified over 950 million mobile phone users with its service provided for over 160 carrier networks. Read More
Among the popular carriers include:
The provider also facilitates an average of $6B+ annual payment transactions and has over 200+ global merchants spread across the world. Having a 10-year-plus experience in the payment industry, the provider has been enlarging its access location and is currently accessible in over 60 countries including the UK and the US, and accepts multiple currencies including USD, GBP, EUR, CAD, AUD, and JPY.
Note: Boku is designed to enable mobile users to make payments to merchants for services with money remitted from their prepaid balance or added onto their monthly phone bill. A mobile number is the only requirement with the payment method providing a great alternative to e-wallet methods and credit/debit cards.
Among the main beneficiaries of this payment system is online casinos. Currently, the payment system is available in over 50 online casinos. Tons of reasons can be attributed to why the system is adopted by many operators. Aside from the convenience, simplicity, ease, and secure aspects the provider offers, its payments are free and instant.
However, Boku deposit limits are extremely low with the maximum deposit set at £30. As a consequence, it is not the best method to consider while buying bitcoins with many exchanges overlooking the method.
Boku was founded in 2009 by Mark Britto, Ron Hirson, and Erich Ringewald. That same year saw the provider acquire Mobillcash and Paymo, two UK companies, to launch Boku Checkout. This was a web-hosted payment panel that allowed users to input their mobile number and make online purchases that would be credited to monthly phone bills or their prepaid airtime. The service is still in function and is popular for making deposits among online casino players.
On its inception, only Payforit, a brainchild of Simpay offered direct competition. Later on, Zimpler, another mobile phone payment provider, entered the industry with its services available in the Scandinavian region.
The Mobillcash and Paymo acquisitions would only mark the start of further acquisitions. In 2012, the provider acquired Qubecell, a carrier billing company based in India, and in 2014, Boku went a step further to acquire mopay, its main PC gaming competitor, to strengthen and remain a leading carrier billing provider in the gaming sector. In 2019, the company acquired Danal and this remains its most recent acquisition.
Aside from Boku Checkout, other products have been launched along the way including:
Boku Account – Launched in 2015, the product allowed the saving of mobile phone numbers on an account and for future purchases and charges, users would choose Boku Account as the default payment method. To date, carrier billed payments from companies such as Spotify, Apple, Microsoft, and Google are supported.
Boku Acquire – Launched in 2016.
Its growth status is evident over the years. This can be attributed to the products launched, acquisitions that improved its status, partnerships with major corporations such as Sony PlayStation, Facebook, Spotify, & Microsoft, and the expansion of its clientele in different countries. Milestones pointing to its growth include:
2017 – Boku Account exceeds annual payment volume ($1B+)
2019 – Total payment processed volume ($5b+) and Revenue exceeds ($50m)
2020 – More new users added (2 million)
Many reasons point out the success of Boku and why it is adopted in several casinos. For a start, deposits made via the method are simple, instant, free, and safe. Simple in that the only requirement needed to process a payment is a mobile phone number, instant in that deposits will reflect in the account within five (5) minutes, free in that no charges are placed on the deposits, and safe in that no personal or financial information is shared on any transaction.
While depositing, it is also important to note the limits placed on the online casino. A minimum deposit is provided with the majority of casinos offering a range of between £10-£30. Coincidentally, Boku offers a few deposit sum options (£10, £20, and £30) and as it stands, no player can deposit above £30. For this reason, this method will work well with low-stake players.
To make a successful deposit, ensure the following requirements are got right. Ensure that you sign up or use services from a network operator/mobile carrier affiliated with Boku. This includes the likes of Vodafone, O2, EE, TIM, and T-Mobile. Choose whether the funds will be added to your monthly phone bill/invoice or will be deducted from your prepaid balance/airtime.
When the above requirements are met, follow these simple steps to make an instant deposit at a Boku casino:
While deposits are easy to make via the method on various operators, the provider falls short on another section, withdrawals. The system has been designed to serve one-way. As it stands, withdrawals are not possible since there exists no Boku wallet that can store withdrawal funds. This is understandable as it is practically impossible for your online casino to credit funds directly to your mobile bill.
And with many casinos requiring that a player uses the same method while depositing and withdrawing, an exception is allowed here. A player can opt to use other popular payment methods including bank transfers or use e-wallet modes for instant withdrawals. Among the popular e-wallet options to use include PayPal, Neteller, and Skrill. It is also crucial to note that before you withdraw the bonus money, check that you have met the wagering requirements.
From the payment selections, casino bonuses also appeal to players and play a crucial part while settling for a casino of choice. However, a curveball is thrown in some of the casinos excluding the eligibility of players, who deposit via methods such as Neteller and Skrill, to claim the bonuses. While that happens, it is a rare occurrence to find casinos that accept Boku deposits excluding players from claiming the bonuses.
Several casino bonuses will be offered and will be grouped under two main categories:
Deposit bonus types to expect include:
Casinos accepting the payment provider will also offer other bonuses such as a refer-a-friend bonus and a VIP program. All the bonuses will have terms and conditions attached and to enjoy maximum profitability, they must be adhered to. They range from eligibility, bonus/promo codes (if available), limits (minimums and maximums), wagering requirements, game weightings, excluded payment options and validity.
Wagering requirements are important to meet before any bonus withdrawal is made. They specify the number of times a bonus, deposit, or both should be played through before bonus money is eligible for withdrawal. To help meet the requirements fast, game weightings come into play. Some games contribute better than others. In most cases, slots contribute 100% which means every £1 wagered will count as £1 towards wagering requirements. Games contributing 50% will have every £1 wagered counting as £0.5.
Deposits made on any of our recommended Boku casino platforms grant players access to huge portfolios of games. After a quick deposit is made, the funds reflect immediately which is a major benefit. It is also important to note that deposits from the provider tend to favour low-stake players the most from the low and few deposit sum options available. However, the casino games available come in varieties thanks to the different bet sizes.
Expect some of these casino games:
To start your experience at any Boku casino, ensure you have grasped every concept. Here is our FAQs guide with the most asked questions: