The payment method known as EntroPay utilized the Visa network through their virtual Visa card, which required pre-loading funds in order to be used for online transactions or casino deposits. This debit card could be used for payment on any website that accepted Visa payments.
EntroPay, a service offered by Ixaris Systems Ltd., was a virtual debit card that utilized the Visa network for online payments. Licensed by the UK Financial Conduct Authority, EntroPay presented its payment method as a “Virtual Visa.” The Anglo-Maltese Bank of Valletta issued the virtual Visa cards, which could be used for online purchases and payments on any website that accepted Visa. Despite being able to use EntroPay at millions of online merchants, including online casinos, the virtual Visa was not a credit card but rather a pre-paid debit card. This required users to fund the card using another debit/credit card or a traditional bank account. Unfortunately, EntroPay closed down in 2019 due to Visa’s decision not to renew its gaming license in Europe.
Paying with EntroPay in an Online Casino
Using EntroPay Virtual Visa to deposit money into an online casino account was a straightforward process, similar to using a regular debit or credit card. To make a deposit, users simply had to select EntroPay as the payment method on the casino’s payment page. Then, a form would appear, prompting the user to input the deposit amount, the name of the cardholder, the Virtual Visa card number, the card’s expiration date, and the three-digit CVC/CVV-code. Once the transaction details were confirmed, the deposited amount would become immediately available on the casino account.
Withdrawing with EntroPay in an Online Casino
Withdrawing funds from an online casino account using EntroPay Virtual Visa was just as simple as making a deposit. To initiate a withdrawal, users needed to visit the cash out page on the casino website and select EntroPay as the withdrawal method. Then, they were required to enter the amount to be withdrawn and provide any additional information as necessary. Once the withdrawal request was confirmed, the funds were credited back to the user’s EntroPay account without any complications.
Advantages of Using EntroPay Virtual Visa:
- One of the main benefits of using EntroPay Virtual Visa was its ability to enable instant, secure, and anonymous deposit of funds into casino accounts in the most commonly used currencies such as USD, EUR, and GBP.
- Another significant advantage was that the EntroPay Virtual Visa acted as a debit card, reducing the risk of overspending and incurring debts compared to using credit cards to deposit money into casino accounts.
- Obtaining an EntroPay Virtual Visa was also straightforward; users simply had to register an account on the EntroPay website and receive their Virtual Visa immediately.
Disadvantages of Using EntroPay Virtual Visa:
- The biggest drawback of using EntroPay Virtual Visa was the fees charged to load funds onto the card, with a 4.95% fee applied when loading funds from a debit or credit card and a 3.95% fee when loading funds from a personal bank account.
- Additionally, a 1.95% fee was charged for withdrawals funded by third parties, such as online casinos.
Entropay Fees and Transaction Timeframes
Overall, Entropay prepaid cards are regarded as a cost-effective option for making online payments due to their transparent fee structure and affordable payment options. Creating an Entropay account and getting a virtual Visa card is completely free of charge, and there are no fees for spending the funds loaded on the card or for online payments at online casinos. However, it’s important to note that loading cash onto your virtual Entropay card from your bank account comes with a fee of approximately 3.95%, while loading funds using a credit card incurs a 4.95% fee.
If you choose to withdraw funds to your Entropay account from your preferred online casino, you will usually be charged a fee of around €6. Additionally, if you leave your account inactive for six months or longer, there are fees associated with that. On the positive side, all Entropay transactions are processed instantly, allowing for fast and convenient payments.
Deposit with Entropay
Depositing money into your online casino account using Entropay is just as easy as using a regular credit or debit card. All you need to do is select the Entropay option in the cashier section, indicate the amount you want to deposit, and a window will appear prompting you to enter your name and virtual card number.
The best part is that Entropay operates like a debit or credit card, so you can use it on any device, whether it’s a desktop or a mobile device. Its speedy deposit times and compatibility with various devices have made it a preferred payment option for online casino players.
The security of online payment methods is a major concern, especially when it comes to online casinos. Users need to have confidence that their banking and personal information is safeguarded from unauthorized sources. Credit and debit cards are particularly vulnerable, and cardholders want assurance that their personal data and card numbers are protected. Fortunately, Entropay takes the protection of its customers very seriously.
The Entropay virtual prepaid card is certified by TRUSTe, a reputable independent authority that enforces strict privacy regulations and implements industry-leading security practices. Entropay never discloses your personal or banking data to merchants, and your transaction history is also kept confidential. The personal information required for account registration is used only to create and enhance your account.
Moreover, all of your sensitive information, including transaction history and login details, is secured by 128-bit encryption that makes it unreadable during transmission to and from the website. Once your information reaches Entropay’s website, it is protected by advanced firewalls within the security network. You can trust Entropay to keep your personal and financial information safe and secure.
Entropay offers a fast, easy, and secure way to make payments for goods and services, particularly in the online casino industry, with its unique prepaid virtual Visa card. Its remarkable advantages have made it one of the most popular and reputable web-based payment services in the world. Furthermore, the virtual card’s acceptance anywhere the Visa logo is displayed has made it a top pick for users who value speedy and convenient payment services as well as first-rate security. As a payment method, Entropay is favored by casino players for its speed, anonymity, and the assurance of safe transactions.