Many refer to a casino with no mobile-friendliness as an incomplete casino, and loads of reasons back the notion and explain why most operators have focused on mobile gambling. There is the convenience aspect of mobile gaming, considering many users have access to their smartphones or tablets at all times. And while playing online on mobile is excellent, depositing funds through mobile phones is a major milestone. Pay by Phone is not the most popular payment method, factoring in household names such as Visa/MasterCard, PayPal, Trustly, PaySafeCard, etc. However, the option is gradually becoming prominent among online shoppers and gamblers across the globe. The idea of paying and having the fee charged directly to the user’s mobile bill is fascinating to many.
The intuitive and innovative feature allows users to transact in multiple currencies, depending on the operator and the processors. Therefore, the user will not have trouble transacting whether the merchant accepts GBP, EUR, or USD. Unfortunately, there is no verifiable data of the transactions volume carried out monthly or annually. However, one can be sure that the figures have been creeping higher as the method becomes widely accepted across many countries. Read More
Despite being adopted in a few countries, Pay by Phone is getting a grand reception in several online casinos for various reasons. One, the method offers instant deposits with no long hold periods. Additionally, every transaction is secure since the players are not required to enter any banking information as they deposit. Finally, the Pay by Phone method operates like a credit card where players can deposit now and pay later on the next phone bill. Presently, only a few casinos have partnered with the banking method, but this is likely to change considering how popular Pay by Phone is getting with players. Unfortunately, Pay by Phone bills are only in fiat currency, and therefore, crypto players will have to find another alternative for now.
Pay by Phone is a new payment method owned by Volkswagen Financial Services AG. Despite its short history, the provider emerged into the scene to make everything easy and in seconds. While it is a commonly used method for parking in the UK, several merchants, including some online casinos, saw Pay by Phone as a perfect deposit option for players.
But, how does Pay by Phone work? It’s simple. The provider works with third-party processors such as Payforit, Boku by mobile, and Zimpler, who work with your mobile carrier. This contrasts with standard payment methods such as banks, cards, and cryptocurrencies used to fund accounts. In our case, the player has to create an account with the processor and ensure the processor operates with the phone carrier. After that, every transaction will be straightforward.
Pay by Phone’s growth has a lot to do with the high-level security, thanks to anonymity where users were and still are not required to provide any sensitive information. Additionally, the method was and still is massively convenient, with players only needing a mobile phone and number to deposit at their casinos. Finally, users would have the window to track their phone bills and casino bankroll, thus encouraging responsible gambling.
While debuting, very few payment options served with the same module as Pay by Phone. One of the options is Boku by mobile, a US-based mobile payment method that allows online transactions via carrier billing and mobile wallets. Pay by Phone’s stocks have been getting higher for the method’s unique approach in payments, and its development aspect is looking bright.
While Pay by Phone is an online mobile payment method used for other services, including shopping and paying for parking, most of its creds have come from online gambling. Players looking to enjoy instant deposits can enjoy using the option with the funds billed in their monthly phone bills. Additionally, the provider guarantees top-notch security by maintaining the user’s anonymity. The one major drawback of using Pay by Phone to gamble is that the method is not available for withdrawal.
Depositing will be a quick process, provided you have an account with a payment processor partnering with your mobile carrier. Remember, you will be depositing funds that are not in your account, and instead, will be billed in your monthly phone bill. Therefore, Pay by Phone works like a credit card in a nutshell. While depositing, it is essential to keep within limits set by the operator. Most casinos have their limits at £10 or £20 for the minimum deposit required. On the other hand, most mobile carriers will only transact payments of up to £30 per day.
Here is the detailed deposit process for users:
While most payment methods offer deposit and withdrawal services, it differs from the Pay by Phone method. Unfortunately, it is impossible to withdraw through the option. So, what happens since casinos require players to use the same payment method to deposit and withdraw? In this case, the casino allows the player to seek other alternative methods for withdrawing. Here, you can opt to use e-wallets such as PayPal, Neteller, and Skrill, known for speedy withdrawals, card options like Visa/MasterCard, and bank transfers for big payments.
Additionally, gambling fans should adhere to the rule of thumb before withdrawing, requiring them to verify their accounts before withdrawing. This process completes the Know Your Customer (KYC) checks and goes a long way to limit fraud and money laundering cases. Remember, withdrawal charges will depend on the payment options the player uses. In most cases, bank transfers will incur some charges from the respective banks. At the same time, players should ensure that they cash out funds within the operator’s limits. Some casinos place daily, weekly, and monthly limits, and thus players should confirm with them.
With the method unable to provide withdrawal services, we take a look at the general withdrawal process at online casinos:
Since Pay by Phone is not available for withdrawals, players will choose their preferred alternatives, making the withdrawal speeds vary. The casinos also determine the withdrawal speeds, especially on their timeframe to approve the withdrawal requests. While some take up to 24 hours, others take up to 48 hours, with others going up to 72 hours. After that, they release funds. Those withdrawing via e-wallets will wait up to 24 hours, while those with cards or bank transfers wait up to five (5) working days.
Despite having limited casinos accepting payments from the provider, the bonuses players can enjoy are impressive on the few casinos available. The highlight is that no casino restricts deposits made via Pay by Phone from claiming bonuses, which contrasts with some payment methods such as Neteller and Skrill in many casinos. There is a lot one can grab on Pay by Phone casinos, including:
One factor remains constant on any bonus – the terms and conditions. Gambling fans should keenly look at them before claiming the bonuses. They range from bonus eligibility, deposit limits, bonus codes, wagering requirements, game weightings, and validity. Wagering requirements represent the times you must wager the bonus to withdraw the winnings. For example, a 40x wagering requirement requires you to wager the bonus forty times (40x).
Once again, the few online casinos accepting the payment method do not reflect the game portfolio the players will have at their disposal. The casinos partner with reputable and leading software providers such as NetEnt, Playtech, Microgaming, Yggdrasil, Red Tiger Gaming, BetSoft, and IGT to present different game types players can play for real-money prizes. They include: