Efficient payment methods are an essential part of online gambling. They do the work for both operators and players. Bridging the gap between the merchant and the customer in the most convenient way. One of the reasons Apple Pay wants to count in at online gambling.
Managing winnings, deposits, and withdrawals while playing your favorite online gambling games. This has been made easy through banking methods such as Apple Pay. This method, in particular, relies on the convenience of mobile gambling. It lets you make quick transactions while betting on the go.
Apple Pay as a banking method
As you can probably assume from the name, Apple Pay is a digital payment system developed by Apple Inc. It is developed to handle contactless, secure purchases in stores. Also in apps, and on the web and it has been operational since 2014. The solution is available in various regions worldwide. These include countries such as France, Spain, Switzerland, China, Singapore. Also Australia, Canada, Russia, and New Zealand, but it is particularly popular in the UK.
As long as you own and use an iPhone, Apple Watch, iPad, or a Mac device, you can benefit from the advantages of a modern payment method such as Apple Pay. Compatible devices include iPhone X, XR and XS, iPhone 8, and iPhone 8 Plus, iPhone 7, iPhone 6 and iPhone 6s, iPad Pad, and Macbook.
Online casino players who own one of the mentioned gadgets can enable this payment option and control their gaming funds with just a few taps on their smart devices. It works as a mediatory service between you and the casino; it allows you to make a payment with a credit or debit card without revealing any of the card details. Some of the European banks that support this include Barclays, Bank of Scotland, Clyde Bank, Co-op. Also First, Halifax, HSBC, Lloyds, MBNA, NatWest, Metro Bank, Nationwide, RBS and Santander.
How to Deposit via Apple Pay?
If you are a fan of live casino games, you will find it easy to use it as your preferred banking option when you gamble online. Depending on the device in use, Your digital payment system can store up to 12 cards. After attaching the bank cards you wish to use – entering your name, address as well as your card information or simply scanning the card with your App – you can proceed to access the online casino of your choice and its cashier section. You won’t need to enter the card info again, as it will be safely stored.
Once you pick the payment method, your wallet will open and let you select the card, in case you have multiple cards registered. Enter the amount you wish to transfer and confirm the payment by placing your thumb or finger on the fingerprint scanner. Alternatively, you can use your unique Face ID, PIN, or passcode instead of the Touch ID.
How to Withdraw with Apple Pay?
At the moment of writing, there are barely any casino operators who allow their customers to withdraw directly. In most cases, they will prompt their customers to withdraw using bank transfer or bank cards. As more betting sites incorporate Apple Pay into their cashier departments, it is likely to see more operators amending their withdrawal policies to allow clients to cash out using Apple Pay.
Transfer Times, Fees, and Security
There’s no waiting involved when it comes to making transactions. The payment you authorize will be processed within seconds. Your funds will be credited to your casino account nearly instantaneously. The mother company does not charge any fees for the users depositing to their online casino accounts. We haven’t also experienced casino operators charging fees for Apple Pay deposits. There is a possibility of a 3% fee being charged. That’s if you decide to top up your Apple Pay Cash card with a credit card. But this will not affect your digital wallet activities.
Aside from being time-efficient and affordable, Apple Pay is also extremely secure. The fact that bank cards are considered somewhat vulnerable when used for online payments is what influenced the creation of Apple Pay in the first place. With Apple Pay card numbers and codes are not exposed. On the contrary, they are encrypted and untraceable. Furthermore, using fingerprint ID is an advanced way of verifying the depositor’s identity, so there is no way of somebody else accessing your Apple Pay balance.