Moneybookers as Casino Deposit: Pros and Cons

When it comes to depositing money into your online casino account, you want a deposit method that is safe, fast, and hassle-free. One such option is Moneybookers, an e-wallet solution that has been in the business for over two decades. In this article, we'll explore the advantages and disadvantages of using Moneybookers as your casino deposit and withdrawal method.

Pros of Using Moneybookers as Casino Deposit Method

1. Quick Transactions: Moneybookers offers fast and secure deposits, allowing you to start playing your favorite casino games in no time. Deposits are usually processed instantly, so you won't have to wait hours or even days to start spinning the reels or playing cards.

2. Security: Moneybookers is a reputable company that has been in the online payment processing business for over 20 years. Your financial information is encrypted and stored safely, so you can have peace of mind knowing your data is secure.

3. Accessibility: Moneybookers is available in over 200 countries and supports over 40 currencies. Whether you're in the US, Europe, Asia, or Africa, you can use Moneybookers to deposit funds into your casino account.

4. Low Fees: Compared to other payment methods, Moneybookers' fees are quite low. It charges a flat fee of 1.45% for deposits, while withdrawals are free if you use a bank transfer.

• Transaction fee: 1.45% (for deposits)
• Withdrawal fee: free (if using bank transfer)

Cons of Using Moneybookers as Casino Deposit Method

1. Limited Casino Acceptance: While Moneybookers is an accepted payment method at many online casinos, it may not be an option at some gambling sites. You need to check if the casino you're interested in accepts this payment method.

2. Verification Process: To use Moneybookers, you'll need to verify your identity, which involves submitting your ID and other personal information. While this process is standard, it can be inconvenient for some users.

3. Documentation: Moneybookers requires extra documentation for high-value transactions, which can be time-consuming and frustrating.

Values of Moneybookers as Withdrawal Method

If you're looking for a fast and convenient way to receive your winnings, you can use Moneybookers as a withdrawal method. Withdrawals are usually processed within 24 hours, and the funds are transferred directly to your Moneybookers account. From there, you can either transfer the funds to your bank account or use the e-wallet to make other online purchases.

• Withdrawal time: up to 24 hours
• Withdrawal fee: 1.45% (minimum $0.50)

Conclusion

Overall, Moneybookers is a reliable and secure payment method. It offers quick and easy deposits, low fees, and fast withdrawals. However, it does have some drawbacks, such as the limited acceptance and verification process. If you're considering using Moneybookers as your casino deposit or withdrawal method, weigh the pros and cons and decide if it's the right option for you.