May 31

How long do online casino deposits takes?

How Long do Online Casino Deposits TakeIf you’re wondering how long it takes to process online casino deposits, it’s safe to assume you’re new to the iGaming community. Don’t worry, we’ll answer all your depositing time frame questions, and maybe a few others along the way.

IMPORTANT: Before I go on, assuming you are new to real money online casino games, please heed this warning. Only register an account and deposit with reputable, well-established gambling sites that are licenced, regulated and in compliance with the highest security and player protection standards. Join a brand new or disreputable site that’s licenced in some lax jurisdiction like Costa Rica, and you’ll have no trouble depositing, but you may hit a brick wall when it comes time to cash out!

How Long do Online Casino Deposits Take?

The truth is, the time it takes to process a deposit depends on the payment method you use. Some can take a few minutes, others a few days. Fortunately, most are instant, appearing in your account within seconds of submitting the funds. We’ll briefly review the most common payment methods, and the time it takes to process online casino deposits.

Credit Card Deposits

Visa and MasterCard are accepted by almost every online casino on the market. Some also accept AmEx and Discover, though these sites are rare. The time it takes to complete a deposit depends entirely on the time it takes the credit card company to approve the purchase. Most often, it’s about a minute; up to 3 minutes at most.

Debit Card Deposits

Thanks to electric fund transfer (EFT) technology, debit card purchases are instant. As soon as you press the button, the payment info is sent to your bank, which immediately checks to see if the necessary funds are available, then responds with a yes or no. It’s all electronic, so we’re talking a matter of seconds here.

The funds won’t actually arrive in the casino’s bank for a few days. But the beauty of EFTs is, since the operator knows it’s coming, they grant player’s access to the money immediately.

Prepaid Gift Cards and Vouchers

Prepaid cards, gift cards and vouchers work the same as credit cards. It takes about 1-3 minutes at most to verify that the funds are available before the deposit is approved.

Instant eCheck / Instant Bank Transfer

Instant eChecks are an electronic version of paper checks. Instant Bank Transfers are essentially the same thing, but do not require the check number from a paper check. Both are sent via EFT, and require the player’s bank account number, along with the bank’s name and routing number. Being EFTs, they are both processed instantly.

Web Wallets

Web wallets (aka eWallets or online payment processors), include companies like ecoPayz, EntroPay, PayPal, Neteller, and Skrill. They create a link between the player and their personal bank account, allowing players to deposit funds to the eWallet, or transfer them to the casino direct from their bank. Web wallets are a very popular among online casino players. Not only are they an instant deposit option (using EFT technology), they are also eligible for withdraws. Most will even supply their members with an ATM card for instant access to their money following a cashout.

Bank Wire

Bank wires can be slow, and expensive. Unless you have no other option, this probably isn’t the best way to go. Wire transfers usually take 2-3 business days to arrive at the online casino’s bank. Some operators will go ahead and grant you access to the funds, so long as they are assured the money is on the way (similar to EFT). Check the details on the casino’s banking page before using this method.

Check by Mail

Virtually no one uses this method anymore; at least not for deposits. Withdraws yes, when time isn’t of the essence, but that’s about it. It is still an option at some gambling websites, though, so we’ll include it here. An international casino can take 2-3 weeks to receive this form of payment. So if your purpose of researching how long online casino deposits take is to find something quick, don’t choose this one!

written by Grameister777 \\ tags: , , , , , , , , , , , , ,

Jan 30

PayPal Casino Users Beware: New Email Phishing Scam

Blog, Payment Options, PayPal, Safe Casinos Comments Off on PayPal Casino Users Beware: New Email Phishing Scam

ATTENTION PayPal Casino Depositors:

PayPal Casino Users Phishing Scam We’re passing on a severe warning today to all of our readers who use PayPal casino deposits. A reputable cyber-security firm has revealed that PayPal users have become the subject of a new email phishing scam.

PayPal account holders have reported receiving emails that appear to be from the popular online payment processor. However, they are not actually coming from PayPal, and anyone who clicks the link within the email is redirected to a fake website, then asked to supply highly sensitive account verification information, including login, password, real name, address, country of residence, social security number, etc.

The warning originated from ESET Security, a cyber-security firm that’s been operating out of Slovakia for the last 25 years. ESET specializes in web-based firewall securities and virus protection software.

New PayPal Phishing Scam

Don’t let yourself become he next victim of this malicious phishing scam. We’re advising all of our PayPal casino depositors to be very careful if they receive any emails that appear to be coming from PayPal, especially those that warn the user that their account needs attention.

There’s several ways in which users can be proactive about protecting their PayPal accounts. One is to make sure that the email, and the link supplied within, are genuinely coming from PayPal by closely observing the context for grammatical and/or syntax errors.

“First, there’s an email with logos and verbiage that sounds great (that is, “look and sound authentic”),” said ESET security researcher, Cameron Camp. “Notice, however, errors in grammar and syntax that suggest the author isn’t a native English speaker. That’s one of the clues.”

As an example, Camp published an actual email that appeared to come from the online payment processor.

From: PayPal <paypal@notice-access-273.com

Subject: Your Account Has Been Limited (followed by a legit-looking Case ID #)

The email goes on to describe an “issue” with the user’s account, requesting the user help PayPal to resolve the problem. Until it’s resolved, they are warned that their account has been “temporarily limited”.

Within the text of the email, however, there are several grammatical errors, such as:

“We understand it may be frustrating to not have full access to PayPal account.”

In proper English, that should have read “to your PayPal account.”

Then there’s a header that reads:

“What the problem’s?”

Obviously, that should state something more to the effect of, “What is the problem?” or “What the problem is.”

The recipient is then advised that the problem “usually pretty easy” to resolve, by simpy supplying “a little ore information”. They are asked to click the Login link below to access their account and find out more.

Upon clicking such a link, the observant PayPal casino depositor will notice that it doesn’t direct them to a paypal.com website. Instead, it could be one of thousands of dynamically generated scam URLs. The page displayed may look completely legitimate, but the URL domain will give it away.

It could even look as if it has a genuine security certificate by starting with https://, or hxxps://, but don’t let that fool you.

As Camp noted, “the domain has nothing to do with PayPal sites, but rather are scam URLs. As with other campaigns, scammers typically use a myriad of dynamically generated domain names — sometimes slight variations on the real name — which is another clue that something isn’t right.”

#1 Way To Avoid PayPal Phishing Scam

Even if the information in the email is written in proper English, you should never click the link within the email. If you want to check on the status of your account, instead, open a new browser and type in the URL – in this case, https://www.paypal.com.

If there is a genuine problem with your account, you will be notified the moment you login through PayPal’s secure server. If, on the other hand, you are able to login and access your account as normal, you know the email was a fake phishing scam.

written by Grameister777 \\ tags: ,