Rapid Transfer is an instant banking method that allows you to make online casino payments conveniently. It’s a product of the giant e-wallet Skrill, which is part of the PaySafe Group. Rapid Transfer has partnered with over 1000 online casinos across the European gambling market.
To ensure user security, Rapid Transfer is regulated by the Financial Conduct Authority. Furthermore, all the online casinos that accept it as a payment option are licensed under reputable gaming commissions like the UKGC and the CGC. That’s not all. All Rapid Transfer online casinos allow you to set your deposit limits when making payments. This way, you will only gamble what you can afford to lose.
Who can use Rapid Transfer?
Rapid Transfer has been widely accepted as a casino payment option in countries across Europe. Furthermore, several currencies are also supported, including GBP, Danish, Iev, Bulgarian, Swedish Krona, and Euro, among others.
Setting up a Rapid Transfer account is free of charge. All you have to do is access the site via a browser. However, since it’s a product of Skrill, the web page will read ‘Skrill.’ Rapid Transfer acts as an intermediary between the online casino and your bank. It works more or less like Trustly.
Making a casino deposit using Rapid Transfer
The process of making casino deposits using Rapid Transfer is relatively easy. You will have to select it from your casino cashier page. However, be on the lookout for bonus offers if you are a first time player.
After selecting Rapid Transfers from the cashier page, you will be directed to choose your preferred bank. You will then be redirected to the online banking platform where the transaction will be completed. After the payment process is completed, your funds will be immediately available for play. Although Rapid Transfer is not available in all countries across Europe, there are lots of other payment options for non-European residents like Visa, PayPal, Neteller, and MasterCard.
Advantages of Rapid Transfer
Just as the name suggests, Rapid Transfer makes online casino deposits easy for gamblers. Your funds are instantly credited into your gambling account after finalizing the transaction. Furthermore, opening the Rapid Transfer account is free of charge, so you will not incur any costs.
Rapid Transfer also allows you to buy and sell cryptocurrencies like Bitcoin or Litecoin. Also, unlike other payment options like Yandex Money, Rapid Transfer will enable you to withdraw back to your account.
Disadvantages of Rapid Transfer
Although Rapid Transfer is widely accepted in the iGaming market, it’s only limited to 19 countries, including the UK, Portugal, Italy, and Germany. Also, you must have a bank account with any of the 170+ supporting banks. Kindly visit the main Rapid Transfer website for the full list.
With Rapid Transfer, you can make instant online casino deposits. So, this makes it the go-to payment option for gamblers. However, since it’s linked to your bank account, casino transactions will always reflect in your bank statements. If you want to maintain discreet online casino transactions, you should consider other payment options like Neteller or PayPal.
Leading global payments provider Paysafe Group (Paysafe) has partnered with PokerStars, the world’s largest poker company and the flagship poker brand of The Stars Group, to roll-out Paysafe’s Rapid Transfer payment solution in ten European countries. Registered customers of the online poker site in these countries now have the option to use Rapid Transfer to …