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prepaid cards background

About Prepaid Cards

The 21st century is a beautiful time to be alive. The advances in technology have led to the discovery of many beautiful features that have made life a bit easier. Gone are the days that required visiting the bank for every financial transaction. Such advances include the use of prepaid cards in the casino industry.

Prepaid cards are a substitute for the money we usually carry around physically. They are sometimes referred to as everyday cards. As an alternative to having real cash, we now go about with money electronically, and this is possible via prepaid cards. Prepaid cards are loaded with cash before they can be used. These prepaid cards are like your pay-as-you-go mobile when they run out of cash, and the user would have to reload the card.

Apart from the casino industry, prepaid cards can be used to carry out other online transactions such as shopping, etc. Players at the casino have experienced better banking options by making use of prepaid cards.

Unfortunately, a card number can be nicked by fraudsters. Money could be lost if the pin of a card is exposed to criminals. However, the damage is limited to what is left in your prepaid card before you get the prepaid card company to block the card. An individual can have as many prepaid cards as they choose to have. They are perfect for keeping tabs on your spending.

How to Use Prepaid Cards at An Online Casino

To make use of the prepaid card at an online casino is relatively easy. Navigate to the banking section and pick the type of prepaid card.

Before you can make use of your prepaid card, it right to note that the prepaid card, unlike the credit card, has to be funded before you can make use of it. Funding or reloading the prepaid card can be carried out by cash deposit at banks or a wire transfer.

Each casino has their preferred choice of a prepaid card that they accept. They are quite selective because of the trust and safety of the type of prepaid card. It is best to find out what type of prepaid card is accepted before selecting the prepaid option.

For instance, a deposit can be made via a Paysafecard. A Paysafecard has a 16-digit pin code that would be required after the player has selected the amount that he or she wishes to deposit. Other prepaid cards like gift cards or EntroPay card would require the card number, sometimes name on the card, and expiration date to be supplied before a deposit can be made.

Withdrawing funds from the casino via a prepaid card is a bit more complicated than depositing. Prepaid cards are not linked to any bank account or funding source, and this creates a considerable challenge. Prepaid cards like Paysafecard do not allow for withdrawal for this very reason. However, many casinos in India prefer using virtual Visa cards by Entropay. With Entropay prepaid card, a player can carry out both deposit and withdrawal transactions. To withdraw your winnings via the prepaid card, visit a cash machine to withdraw your money.

What Are the Benefits of Using Prepaid Cards

Casino lovers, especially new members in India, always feel the need for their banking details to be protected. Nobody wants to lose his or her money to fraudsters. This is one reason casino enthusiasts are reluctant about disclosing their information, especially when it has to do with money.

With this challenge of identity theft comes the need for prepaid cards. Prepaid cards are the perfect option for such casino lovers because it helps them carry out safe transactions without having to expose their banking details. Other benefits of using prepaid cards in India include:

How Can I Set up An Account with Prepaid Cards

Before setting up an account with your prepaid card, you must first get the prepaid card once you have gotten the prepaid card from the bank or a merchant retailer. You can then set up an account following the following steps:

  1. Go to your web browser on your phone
  2. Search for myworldipay.com
  3. Click on ‘prepaid card.’
  4. Then select apply
  5. Fill up every data such as your user ID, active email, password, personal question, security questions and then click on next
  6. When completed, click a confirmation email would be sent to your mailbox.
  7. Open the mail and verify your account
  8. Account activated

After your account has been set up and the prepaid card is activated, it becomes possible to fund or credit the card. Recall that prepaid cards work based on what is put into them. Without funding, it would be impossible to make use of the prepaid card.

Advantages of Using Prepaid Cards at An Online Casino

There are a good number of reasons why making use of the prepaid card at an online casino is more advantageous; this explains its popularity. The following advantages hold every time:

Prepaid Cards Frequently Asked Questions

Making withdrawals with the prepaid card from an online casino is quite complicated. Unlike depositing funds with the prepaid card, not all prepaid cards support withdrawing with the card. The exception is the Entropy Visa cards that are connected to an Entropy account. So, a player can transfer their winning to this entropy account. Once the transfer has been made, the money can be withdrawn at a cash machine using the Entropy prepaid card.

Yes, there are a couple of fees that are charged for using the prepaid card. First, cardholders are charged for getting the card. Charges are sometimes included when the prepaid card is used to pay for goods online or other online transactions, and others have a monthly fee for using the card.

Yes, there are a couple of fees that are charged for using the prepaid card. First, cardholders are charged for getting the card. Charges are sometimes included when the prepaid card is used to pay for goods online or other online transactions, and others have a monthly fee for using the card.

  1. Prepaid cards are very safe to use on both land-based casinos and online casinos. Gamblers prefer using the prepaid cards simply because it is not linked to their bank account. This makes them safe from fraudsters. Alternatively, if the prepaid card is mistakenly hacked, only the money in the card can be accessed.