Click2Pay is an online transaction processor that has been around for several years. Like most online payment solutions, Click2Pay is known as an e-wallet. Like an actual wallet, this means that you can load your Click2Pay account, spend money from your balance, and withdraw it whenever using a multitude of options.
US Registration Not Available
Although Click2Pay is commonly found in the banking section of US-friendly casinos, the company is currently not accepting new registrants from the United States and has not been since 2007. This is due to a corporate decision after the passage of UIGEA in late 2006. However, if you are an American who made your account before 2007, you are free to continue to use it. Just be aware that you will need to withdraw any winnings through another processor.
Players from all other countries should be able to register without any problems.
Overview of Click2Pay
Click2Pay is an online e-wallet with most of its business generated in the online gaming sector. Their most popular service is the personal e-wallet, which allows anyone to transfer money to any registered merchant, such as an online casino. Click2Pay gives its users a multitude of deposit and withdrawal options to move money into and out of their e-wallets with ease.
Deposit and Withdrawal Options
The number of methods you have to deposit into your Click2Pay account will vary depending on your location. Almost all jurisdictions do have instant deposits through any major credit card merchant, such as Visa or MasterCard. A 3% fee is charged for the service. Residents of most countries may also use wire transfer, which is free of charge but takes 3 days to be processed. Other options include Ukash vouchers and various local debit cards.
When it comes to withdrawing your funds from your Click2Pay account, you will also have a few choices. The most common method is a simple postal cheque mailed within 3-5 days, which costs €20 in addition to a 2.5% foreign exchange fee. Depending on where you live, you may also be able to use your funds directly by applying for the Click2Pay debit card, which costs €10. A select few countries also have bank wire listed.
Advantages of Using Click2Pay
Click2Pay is definitely one of the most well-known e-wallet solutions and can be found at a multitude of online casinos. If you enjoy playing at numerous places, the Click2Pay e-wallet can allow you to deposit and withdraw from various sites with hardly any waiting time in between. This can save you from exorbitant processing costs, as well.
Another big plus that Click2Pay offers is an added layer of security. With Click2Pay, you do not have to provide your direct financial information to any of the online casinos you play at. This greatly reduces the chance of your data being stolen or accidentally getting misplaced.
Disadvantages of Using Click2Pay
One of the largest criticisms of Click2Pay is that it is not a good choice for low rollers. The processing fees and minimum limits for withdrawals are certainly quite high compared to those of some of Click2Pay's competitors. For this reason, we recommend examining them in detail before you decide to create an account.