EntroPay is a leading online prepaid card which you can load up with other accounts and use to play real-cash poker on the web. As it's prepaid, EntroPay poker sites are good for players who want to remove credit risk from the deposit equation. How to use Entropay. Visit Entropay.com and click on the “sign up now” button to create an Entropay account. The next step is to fund your account. Entropay cards are prepaid, so you don’t have to worry about credit checks or anything like that. Just choose a method to fund your account and you will have a virtual Visa card in seconds.
Entropay is a UK registered company and had been in operation since 2002. They are essentially an e-wallet but a more appropriate way of referring to them would be as a pre paid service. The service is available around the world, but none more so than the UK and parts of Asia.
It works by essentially giving you a pre paid Visa card to make deposits and withdrawals to gambling sites. Instead of having the Visa card to hand, you have a copy that’s available online where you can take your 16-digit card number along with your pin to make purchases and also deposits online.
One of the main advantages to using something like Entropay is that you can do so relatively anonymously. That being said, you still need to provide your details when you sign up to Entropay, but when you register with your bookmaker your account details wont be stored and the only funds that you can access will be the ones that you have pre-loaded yourself. This means that should anything go wrong (fraud), the account will only be susceptible to the money that’s already in there and have no links to your bank account.
Entropay Has Closed
Please note: Entropay shut down in 2019 and is no longer available.Entropay is a wholly-owned subsidiary of Ixaris Group Holdings Limited. Entropay is registered in England and Wales, with company number 04072405 and registered office at 2 Stephen Street, London, W1T 1AN. You can use photoshop to remove the 7th and 8th digit from your credit card, as well as to remove the CVV (this is acceptable to EntroPay and also provides you added security). As far as utility bill goes, a bill from you Television Company, or Internet Company is acceptable as is a power bill, or water bill. Using EntroPay to Deposit and Withdrawal. EntroPay is a popular method for depositing and withdrawing from online casinos and betting sites. It’s accepted by the most popular Indian friendly UK bookmakers. While their service functions much like an e-wallet, similar to Skrill and PayPal, it has a unique advantage. Thanks to their Virtual Visa.
We’ve seen players in countries such as China, India, Indonesia and Malaysia use Entropay with great success. These countries are notoriously hard to deposit money into gambling sites, but this allows them to use the virtual pre loaded Visa card to make their transaction much smoother.
The downsides of the card come in the form of the fees that are charged. We realise that all of these types of payment processes come at a price, but Entropay feels more like a premium than some of their competitors. Whilst opening account is free and easy, the sting in the tail comes from the 4.95% fee that you get charged to load your card. They are one of fairly few that charge a percentage of the total amount meaning that if you are a higher roller, this number could start to get ridiculous, especially bearing in mind that this is charged for every deposit onto your card that you make.
On top of that, you will get charged 1.95% for everything that you receive into your account from the bookmaker. It’s almost like a double whammy in terms of paying to have your own money then paying again to receive any winnings or withdrawals. You will be charged a 2% fee for any foreign exchanges and also $6 for every withdrawal to credit or debit cards. For anyone frequently using this payment method, over the course of the year, the fees that you pay could be astronomical.
How to deposit using Entropay
Depositing with Entropay is very much the same as if you were using your Visa debit or credit card. First thing, you will need to have the 16-digit card number, expiry date and card security number to hand.
Next you will be asked to enter these details along with how much you intend to deposit. You may be required to enter your betting account password again but as long as funds are already in your Entropay account, then it should be a pretty instantaneous process. Chain link games.
About Entropay
Entropay is another company who have managed to get a solid foothold within the e-wallet sector. Like a lot of their competitors, they have seen the gambling industry as a key road to their success and are now widely regarded as one of the biggest platforms for these types of transactions.
The company was set up in 2002 and is run by Ixaris Systems Limited, based out of the UK. They were formed to try and forge a way for consumers to keep their bank details off gambling sites and in turn, almost have an account exclusively for gambling.
The process of the company is pretty simple in that their Visa card is pre-paid, which you must top up. It works in much the same way as a pay as you go mobile, in that you load the funds on, use them as you wish and once they are gone, they are gone. Unlike a credit or traditional debit card, you can’t go overdrawn and you can only spend what’s in your account.
As Entropay needed to process these transactions via a bank, they did so using the Bank of Valletta, Transact Payments Limited and IDT Financial Services, all fully licensed by VISA Europe.
Payments That Power Business
EntroPay facilitates online transactions through virtual prepaid cards. The billing company offers consumers a safe, reliable way to fund their online casino accounts.
The virtual prepaid cards make payments fast and simple for both online gamblers and online casino operators by removing the obstacles that often make sending and receiving money slow, tedious and expensive.
Improving your ability to cash in and out is often the core aspect in attracting more players to your online casino. EntroPay can boost your attractiveness and increase your sales of virtual chips by giving you the ability to:
- Enable Payment. EntroPay’s speed and convenience can break down traditional payment barriers that cause online casino operators to lose customers at the point of purchase. EntroPay’s virtual prepaid cards are a convenient payment option for consumers who do not have to or do not use bank cards online. For those who regularly pay by credit or debit card but may experience difficulty completing a transaction, EntroPay offers higher approval rates than in most bank cards.
- Increase conversions. Fewer restrictions and a simple registration process make EntroPay one of the easiest ways to pay. The virtual prepaid cards allow your online casino gamblers not only complete their transactions right away, but also make future account funding quickly and easily. In addition, the ability of EntroPay to access established payment networks increases approval rates — and recaptures lost players — with no added risk to online casino business operators.
- Pay globally. EntroPay’s virtual prepaid cards allow receiving and sending cross-border payments in a manner that is efficient and economical. No longer worry about which payment method to use in which country. With few exceptions, EntroPay can be used to send money to just about anyone, anywhere. The web-based payment solution enables you to issue payments in a variety of currencies and save on foreign exchange rates.
- Tap emerging markets. Increase your attractiveness in up-and-coming markets by offering EntroPay as a reliable payment option to new gamblers. EntroPay is a proven payment system in emerging online gambling markets such as Latin America and Far East can greatly increase your market reach as well as your revenue by making payment possible or more reliable in these regions.
Using EntroPay
Receiving Payments
If you already accept Visa as a form of payment, EntroPay works immediately with no required hardware integration or additional back-office processes. Just add EntroPay as a payment option, and you will be provided with a unique link that allows users to easily go from your online casino cashier to EntroPay web payment application without interruption.
If you already accept Visa as a form of payment, EntroPay works immediately with no required hardware integration or additional back-office processes. Just add EntroPay as a payment option, and you will be provided with a unique link that allows users to easily go from your online casino cashier to EntroPay web payment application without interruption.
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Sending Payments
Simply open a merchant funds account with EntroPay and choose the method by which payment instructions will be sent: manual, batch file upload or API. Online account management and reporting are available 24/7 from any location through the secure web-based interface.
Simply open a merchant funds account with EntroPay and choose the method by which payment instructions will be sent: manual, batch file upload or API. Online account management and reporting are available 24/7 from any location through the secure web-based interface.