EZIPay is one of the more interesting ways that casino members might choose to deposit funds into their account. This option is commonly available at many online gambling portals and has become somewhat popular of late. Moreover, many of the domains which do except EZIPay are jam-packed with the best slots from the most reputable developers.
The way it works is somewhat unique. Players can apply for an EZIPay pre-approved plan, which offers credit of up to £5,000. This “loan” so to speak, lasts for around 60 days (although other payback plans can be arranged), giving players ample time to pay back what they have borrowed. While this may sound like a loan shark option, but EZIPay does not charge interest.
Depositing with EZIPay
EZIPay pre-approves its members, and they can pre-arrange a purchase (in this case, a casino deposit) before their application is complete. Once users have received confirmation that they have been approved, the deposit will be processed instantly. Repayments are made over time, and as mentioned, there is no interest charged on the sum.
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EZIPay is not available as a withdrawal option at online casinos, for obvious reasons. The logistics of using this method to cash out are mind-boggling. Players will instead want to withdraw any winnings they pocket to their banks, either via transfers or credit cards. They will then likely use those winnings (or a part of them) to pay back the EZIPay sum they have taken.
The Final Word
This method of payment is not available in every country, so EZIPay is likely only going to be attractive to players residing in certain parts of the globe. Any player considering using this method is advised to read more about the terms and conditions of using EZIPay and wait until they are approved before committing to using this option to deposit at casinos.
Of course, not everybody is comfortable with a loan for gameplay at online casinos. Some may like to think of EZIPay as more of an overdraft, but it all amounts to the same thing. If they fail to win or don’t have the funds to pay back what they have taken, things can get messy for players. Given this rather crucial and critical point, players are again advised to use caution when choosing this payment method. As mentioned earlier, Any player who does opt to use this 100% secure option, though, will find no shortage of casinos accepting it.
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