EPS stands for Electronic Payment Standard. It is an Austrian based online payment method that allows users to make casino deposits. EPS was developed by several Austrian banks and their national government. Therefore, this makes EPS more popular in Austria.
There are over 200 online casinos that accept EPS as a banking option. All you have to do is follow some easy steps- as we shall discuss further on in this page. To ensure responsible gambling, all EPS online casinos allow you to set deposit limits across all their platforms. But the iGaming market is saturated. So, we have provided you with a list of the best online casinos that offer EPS as a payment option.
Who can use EPS for casino gambling?
For you to use EPS at an online casino, you must have an account with any of the participating banks. Kindly visit the EPS main website to know the exact Austrian banks. What makes EPS convenient for casino deposits is that you don’t have to create a separate account. However, before you decide to use this payment option, make sure to confirm if your preferred online casino accepts it a deposit option.
Making a Deposit using EPS Casinos
After you have confirmed EPS is available at your casino, you will have to select it from the casino’s cashier page. You will then be directed to choose your bank from the available list. You will later be re-directed to your bank’s web page. After this, you must fill in the necessary information, which consists of bank account number and PIN. A one-time password (OTP) will then be sent to you, and the transaction will be finalized. Once the deposit transaction is completed, your funds will be instantly credited to your player account.
The first advantage of using EPS is that there is no processing time for casino deposits. Unlike bank transfers, deposits via EPS are processed immediately. Furthermore, it’s free of charge, so it’s very convenient for casino transactions. Also, the multiple security layers that are in place make EPS the better option for casino players. This is because the transaction is completed directly from your bank’s website. So, you will not have to share your private banking details with your online casino.
Although EPS offers players a convenient way of making casino deposits, you can’t use it to cash out at an online casino. However, most EPS online casinos will provide you with other withdrawal options like wire transfer or PayPal. Another drawback is that you must have an account with the participating Austrian banks for you to use EPS at an online casino. Also, since the funds will be deducted from your bank account, the casino payments will reflect on the monthly statements.
EPS is suitable for players who have Austrian bank accounts. Also, if you want to make quick casino deposits, then EPS is, without a doubt, the best banking option for you.