Fast Pay Casinos
Compared to other online payment methods globally, Fast Pay is not the most popular despite being easy to use, offering quick transactions, and boasting high-level security. The payment method mainly serves the Iraqis, explaining its small customer base. In addition, the payment method restricts its use to only one currency – the Iraqi dinar. For this reason, users looking to transact with global currencies such as USD, EUR, and GBP, will have to look away. Unfortunately, there is no verifiable data of the registered users using Fast Pay. However, with its access restricted to Iraq, we would expect fewer users than users accessing other mobile payment options with a global market reach. And the same would apply to the transaction volumes carried out monthly or yearly.
But, how is the online gambling space in Iraq? For a start, Iraq’s gambling laws illegalize all forms of gambling. However, the authorities turn a blind eye, and as a result, gambling takes place. When gambling, the payment section is vital, and Iraqi players opt for operators with convenient payment options, such as Fast Pay.
Besides high-level convenience, other primary reasons users prefer the payment method exist. They include quick and safe transactions to expect, a fast and free account registration process, no deposit limits set, zero fees to recharge, and, more importantly, its accessibility on mobile devices. Limited casinos in the range of about ten (10) accept Fast Pay as a payment option in their cashier section. Unfortunately, players who wish to purchase or sell bitcoins through Fast Pay will not have the avenue.
About Fast Pay
There is little information on Fast Pay’s background. However, the payment method is among the newest, partly explaining the limited market reach. Its debut year traces back to 2017, and in the few years, there have been milestones achieved, and there is more to come looking at its website. On its launch, Fast Pay focused on becoming the safest, convenient, and quickest mobile wallet, allowing users to have smart money for the following:
- Shopping (online and physical)
- Internet recharge (data bundles)
- Bill payments
- Mobile recharge (airtime)
- Money transfers (sending and receiving) – Read online casinos
- Buying online cards (Xbox, iTunes, Google Play)
Currently, Fast Pay is looking to add more services to its portfolio. Should everything fall into place, Fast Pay will offer utility bills and government salary payments in the coming days. Its vast range of services is one reason the payment option has experienced growth. Additionally, its high-level convenience, transactions speed, security, and fees are other reasons Fast Pay has grown over the few years.
Other global competitors, who still boast a huge customer base, existed on the payment method’s debut. They include PayPal, Neteller, and Skrill. Today, while Fast Pay is not the highly-rated mobile wallet option, there are pointers of a great future in the coming years.
Using Fast Pay to Gamble
One of the services offered by the provider is money transfer, which involves sending and receiving funds to and from a merchant partnering with Fast Pay. The option is available for use on online casinos, where players can deposit and withdraw within minutes. However, gamblers have to download the Fast Pay application from Google Play Store or the App Store, create an account, and fund their wallet to deposit to their casino accounts. Additionally, withdrawing also becomes easier once they have their Fast Pay accounts.
Depositing to a Fast Pay Casino
Fast Pay is all about speed, security, and convenience. The provider centers its operations around those pillars, which work perfectly for online casino players. Every deposit will instantly reflect on the casino account within minutes. The highlight of the method is that it has no deposit limits. Therefore, users can deposit as much as they would wish. However, there is a caveat placed by the respective online casinos. Each casino may have its deposit limits, especially the minimum deposit one should make. Most casinos take deposits of about £10 (or equivalent currency).
Remember, Fast Pay transactions are only possible to players with loaded Fast Pay accounts. Creating an account with the provider will be free of charge and take a few minutes. Before registering for an account, users should meet some requirements, including being at least eighteen (18) years old, having an Iraqi mobile phone number, and having a national identification card. If they meet the requirements, a player will provide their full name, address, and password, later changing to fingerprint if they wish. The provider will send a confirmation code through the number provided, and the player will have to input the code either on the mobile app or the Fast Pay main website to verify their account.
Keep in mind that one will need a funded account to deposit. So, how does one deposit funds to their Fast Pay account? There are two ways for this:
- Through an agent: Players can identify the nearest agents to deposit funds with the player providing their account details.
- Through Cash Card: Players can recharge the account by entering the card details on the ‘Deposit’ option.
Step By Step Deposit Process Via Fast Pay
Below is a simplified deposit process on an online casino:
- Sign up at a Fast Pay casino: The list on our guide features some of the operators accepting payments through the method. They pass as reputable, reliable, safe, and fair operators and meet other aspects such as generous bonuses & promotions, effective customer support, user-friendly interfaces, vast game collection, etc. Choose one of the casinos and sign up for an account.
- Go to Deposit/Cashier/Banking/My Account section: This next step will involve selecting Fast Pay as your preferred deposit option and entering the amount to deposit.
- Log into your Fast Pay wallet: The casino will redirect you to the payment provider’s page, where you need to log into your account to confirm the payment.
- Complete the transaction: The last step is following prompts and completing your transaction. The funds will reflect immediately.
Withdrawing Through Fast Pay
The payment method also allows its users to receive money, and in the case of online gambling, it signifies that players can readily withdraw funds from their casinos. However, gamblers should meet some vital requirements before the first withdrawal. Firstly, they should verify their accounts as the gambling laws provide to avoid money laundering and fraud cases. And secondly, most operators require users to deposit and withdraw via one payment method for easier accountability and activity trail. For this reason, you must withdraw via Fast Pay if you deposited through the method.
Withdrawals will also incur a 1% fee on every withdrawal amount at a Fast Pay casino. And like deposits, the player should check the minimum and maximum withdrawal amount with the casino before transacting.
Step By Step Withdrawal Process Via Fast Pay
Below is a simplified withdrawal process on an online casino:
- Complete the wagering requirements: This step applies to players with bonus winnings. Before withdrawing them, they must ensure to meet the wagering requirements. The requirements signify the multiple times players can play the bonus before redeeming the winnings.
- Go to the Withdraw/Cashier/Banking/My Account section: Choose Fast Pay as your preferred withdrawal option and put the amount you wish to withdraw.
- Follow prompts and confirm withdrawal: Follow the instructions provided by the casino and confirm the withdrawal request.
Fast Pay Withdrawal Speed
While deposits are all about instant crediting, withdrawals via the payment method will take longer. The casinos take time to approve and process the withdrawal request, with most casinos taking between 24-48 hours before releasing the funds. After that, the casinos send the money to your wallet for free. Later on, you can withdraw from your wallet at a fee of 1% of your withdrawal amount.
Fast Pay Benefits and Drawbacks
-
Instant Deposits: Every deposit made via the method will credit instantly, and players can get to wager immediately.
-
Free and fast registration: Creating an account with the method is free of charge and will be fast, considering the few details required.
-
Mobile-friendly: The payment option is convenient for users with its module created to operate on mobile phones. For this reason, players will only need their phone numbers to transact with the wallet.
-
Highly secure: All transactions are encrypted and secured by the provider. The application is PA DSS certified, confirming the heightened security of its users’ data and transactions.
-
No deposit limits: Players can deposit as much as they wish, provided they remain within the casino’s limits.
-
Restricted to Iraq: The payment method only offers its payment services to Iraq residents.
-
Only supports a single currency: Unlike other mobile wallet providers, Fast Pay only supports the Iraqi dinar.
-
Fees: Players can expect charges on any transaction they make. For example, withdrawals will have a 1% fee placed.
Fast Pay Casino Bonuses
Despite a not extensive casino list, gamblers will come across operators with all types of bonuses. The bonuses remain essential parameters of attracting and retaining players in a casino. However, gambling fans should check out the terms before claiming the bonuses. For example, some casinos restrict Neteller and Skrill users from claiming bonuses. But, this is not a scenario Fast Pay users would expect.
On the positive side, they would expect loads of deposit match bonuses, where the provider matches the deposit made by 50% to 200%, in most cases. The player will then have an improved bankroll to play the casino games. We look at the top bonuses to expect:
- Welcome Bonus: The welcome bonus is arguably the most famous bonus to find in casinos. Almost every casino has a welcome bonus tailored for new users and activated after registering with the casino. Here, newbies will have cash bonuses, free spins, or both at stake.
- Reload Bonus: The existing players will also feel part of it from bonuses, such as reload bonus, tailored to retain them. Players will activate a reload bonus after continuously depositing money to a set cumulative value.
- VIP Program: The bonus aims to appreciate the VIP players/high-rollers who make high-value deposits and wager big. There will be much at stake, including high-value bonuses and benefits such as personalized account managers, high transaction limits, and other exclusive bonuses.
- Fast Pay Special Bonus: With the payment method’s still in the early days, the provider sponsors some bonuses to expand its reach. Therefore, some casinos might offer special bonuses after players deposit via the option.
Remember, every bonus comes with different terms & conditions, and while terms such as eligibility, deposit limits, and bonus validity are vital, wagering requirements are also essential. Gambling fans should ensure the first step before withdrawing any bonus is to meet the requirements.
For example, if the wagering requirements/rollover requirements/playthrough requirements are 40x on a £100 bonus, the player must play the bonus forty times (40x). Thus 100 x 40 = £4,000.
Fast Pay Casino Games
Like bonuses, the limited Fast Pay casinos also open up a pool of casino games options that players can play for free or real money. Playing for free will not involve any deposit and will be a perfect option for beginners or players wishing to try new titles before committing real money. However, playing for prizes will require deposits. What games are available? There are loads of them, but the following are the most popular types:
- Slots: Get a taste of spinning reels while you activate features, such as Free Spins, Wilds, Scatters, Bonus rounds, Multipliers, and Jackpots. Try various options, including classic and video slots with improved paylines, visuals, and bonus features.
- Table & Card Games: Try the different small-stake and high-stake tables and a few card games at your comfort. They include Roulette, Blackjack, Baccarat, and Poker variants. Employ the right skills and strategies on some, and rely on chance on others.
- Live Casino: Access the table & card games even better in their live forms in this category. Thanks to the casino streaming them directly from a virtual studio or a land-based casino, you will get them in high-definition visuals and soundtracks. Additionally, interact with players and dealers, as you would on an offline casino.
Why Choose an Online Casino Offering Fast Pay
-
They offer fast transactions at low costs;
-
They are safe and secure, thanks to PA DSS certification;
-
They have special casino bonuses;
-
They are accessible on mobile phone.
FAQ
