As the popularity of virtual casinos continues to rise, it also keeps boosting the demand for convenient online payment solutions. The use of digital payment methods is now a prerequisite for a smooth gambling experience on the web, and players from different parts of the world are always on the lookout for new solutions such as Revolut. Revolut is one of the fastest-growing methods on the market, and if you’d like to learn more about its use in online casinos, continue reading.
What is Revolut?
Revolut was founded in 2015 as a fintech company that offered various banking services, including peer-to-peer transactions. Today, it is a secure payment method available to users from all over the world, and as such, it quickly became one of the favourite options when it comes to online gambling transactions. Revolut truly is a revolutionary payment solution that serves as an easy-to-use mobile bank with a wide variety of features that include international money transfers, currency exchange, and both physical and virtual payment cards.
How to Get Started
To get started, you need to open an account on the company’s website. The process is simple, and you can easily do it from your phone. You will be asked to choose between four different plans: Standard Free, Plus, Premium and Metal. Whichever plan you select, you will get a free Euro IBAN account and a free UK account. Later on, you can convert your funds into 30 different currencies as you please.
Next, you will need to transfer money from another valid bank account that’s in your name. This is a standard verification process, and it will be followed by the request to upload a scanned ID. Additionally, you will be asked to take a selfie that will be compared with the government-issued ID for security purposes.
Once your identity is verified, you will be able to order either a physical or a virtual card. If you opt for the physical variety, you will receive a contactless Mastercard or Visa card. Both virtual and physical cards can be used for online casino payments.
How to Make a Deposit Using Revolut
Since the platform works with big and trustworthy payment provider companies, it is widely accepted by virtual operators. So once you pick your favourite from the pool of the best Revolut online casinos, you will see for yourself how simple it is to make your first deposit. First, you’ll need to deposit money into your new Revolut account. After that, transfer the funds from Revolut to the online casino of your choice, or simply use the physical or virtual card option if you decide to have one. Once this step is finalised, you should see the funds in your online casino account almost instantly.
The Main Benefits of Revolut
As an online casino player, you should be aware of the following advantages of Revolut:
High Level of Security
Revolut is a platform that employs advanced safety measures such as Sherlock anti-fraud systems and fingerprint authentication to keep all financial information secure. But if you opt for the use of the virtual card, you will take the process even further when it comes to data protection. Namely, every time you use a virtual card, the system will generate a new card number, and each number can be used only once. This way you can rest assured that no one can steal your card information, and even if someone did, they would not be able to do anything with it.
Quick Withdrawals
Deposits are not only processed immediately, but Revolut also offers withdrawal times that are faster than those of many other transaction methods. Normally, Revolut processes casino withdrawals within 24 hours. However, the timeframe depends on the card type and the location of the user. In the worst-case scenario, you will get access to your cash in 3 to 5 days. When delays occur, it happens because of the banking policy of the given casino. So if the casino can process payment requests promptly, you can expect to receive your money in a day.
No Deposit Fees
Revolut does not charge any deposit fees of its own, but you might encounter online casinos that do so even if you use Revolut for your transactions. That is why you should always look into the terms and conditions of the platform you’re doing business with.
Online gambling is thriving, and the need for safe and efficient digital payment options has never been greater. Luckily for today’s players, Revolut has been around long enough to prove its benefits to regular casino users. Opting for Revolut means experiencing fast and secure transactions, convenient payment processes, and all that can be accomplished with a simple registration, completed in no time at all.
