Postepay sounds like an Italian banking option, and that is because it is. Owned and operated by Poste Italiane – the Italian postal service – the payment method is one of the most popular amongst Italian players who wish to gamble online.
Surprisingly, Postepay is a debit card. Like most debit cards, this method requires players to have money on their account before it can be used. This card is not linked to any bank account, though, and acts as a charge card. Postepay cards are affiliated with VISA Electron and Maestro, so in most cases, they can be used wherever these options are accepted.
Depositing with Postepay
Provided they have charged their Postepay card with funds; players should find that using it at online casinos to deposit is a doddle. The option (either Postepay, VISA Electron or Maestro) needs to be selected from the casino’s banking page. After this is done, players must enter their card details into the required spaces on the page. After confirming the transaction, the funds will land in an account within minutes.
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Because you are only handing out details of a prepaid card to a casino and not your actual bank account, this method is considerably more secure than standard VISA, MasterCard and bank transfer options. However, players should note that there are often fees attached with using Postepay cards at casinos, and limits are often placed on how much can be deposited during a single transaction.
Players can usually withdraw their winnings via Postepay. In a sense, doing so isn’t really any different from the deposit process with this prepaid card, or making a bank transfer. Players need to enter their card details once more into the banking page and confirm the transaction. However, fees will almost certainly be charged for using this method, and delays of between 2-5 business days sometimes occur before a withdrawal is processed.
The Final Word
Postepay is only open for Italian players, although if players are based outside of Italy, VISA Electron and Maestro work just as well. Even for Italian players (despite the option being popular), Postepay can be a pain to set up. It can take a week or so to apply for a card, and then a few more days before it arrives. Before choosing to use this method, players should ensure that their preferred site accepts this prepaid card as a payment method.
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