Casinos accepting deposits via RapidTransfer

This term does not mean a separate payment system, but an electronic payment system that is used by several payment systems. Thanks to the use of Rapid Transfer, it is easier to transfer money from a bank account to a wallet of a payment system. And already from it the money is sent either to pay for the purchase in the store, or to the account in the casino, or in another direction.

The essence of this system is to speed up the process of sending money from a bank account to a wallet of a payment system as much as possible. With Rapid Transfer, you can pay for purchases and replenish your casino account. Money from the bank account comes instantly, while the user will have to go through a minimum of authorizations.

It is in reducing the time to make a payment that the reason for the existence of Rapid Transfer lies. Reliability and security are not affected.

In 2016, this technology was introduced by the Scrill payment system, and Neteller also supports Rapid Transfer. Judging by the feedback from customers who have used this electronic payment system, there is practically no delay, 1-2 seconds and the money has already been transferred from the bank account to the details of the seller or your wallet in the payment system.

This technology is available mainly in European countries. At the moment, it is supported in Italy, Germany, France, Sweden, Poland, Norway, Austria and other EU countries.

Advantages and disadvantages of Rapid Transfer

Of the advantages, we note:

• reliability and security. Uses VerySign and SSL to ensure payment security;
• high speed and simplicity. There are no delays, compared to other methods, Rapid Transfer gives the highest speed of transferring funds;
• no commissions. Recall that this is not a separate payment system, but a technology used by different EPS. So you will have to pay only the commission that the payment system deducts from customers.

Among the shortcomings, we highlight:

• lack of support in some countries;
• not all casinos support this deposit method.

There are no critical drawbacks, so if your casino supports this method, we recommend using it.

How does a casino deposit work?

Let's analyze exactly how funds are transferred using Rapid Transfer technology. The procedure remains the same regardless of whether you replenish your casino account or make a purchase in an online store:

• Rapid Transfer is selected in the payment methods;
• a window will appear with a list of supported banks, you need to find the one in which you have an account;
• you need to log in by entering your login and password issued by the bank;
• the payment is verified, most often via SMS. Money is sent to the seller instantly.

If the payment did not go through, then most likely:

• the account balance is insufficient;
• problems with the bank, for example, due to technical problems, it is temporarily not processing online payments;
• the limit on the number of transactions has been reached. In Rapid Tranfer, you cannot create 2 or more transactions at the same time. That is, if you first started processing one payment in different windows, and then opened a new tab and proceeded to processing it, then it will not work. You need to close the first transaction first;
• you closed the tab with the transaction without fulfilling the payment verification requirements.

In general, the payment method is reliable, so failures are very rare. As a rule, problems are not serious and occur more likely due to the fault of the user.

Conclusion

Rapid Transfer is a great technology that speeds up the transfer of money from a bank account to the merchant's details. It is supported by many payment systems, the system is also being implemented in online casinos.

So far, Rapid Transfer support has not been implemented in all casinos, and this is the only thing that prevents using it to replenish an account everywhere. For European countries, this is an excellent method of replenishment, for other regions it is better to choose a different, more universal method. Collapse