Swiftpay is an online e-wallet service that operates internationally. The service allows its users to upload funds and spend them at a later date, either by credit card or bank transfer. A few online casinos allow their players to deposit via Swiftpay. See this page for a list of Swiftpay casinos.
Opening a Swiftpay Account
Before you can begin using Swiftpay to deposit, you'll need to open a Swiftpay account. Your casino cashier may provide a link to the Swiftpay website to do this. If not, you can simply go to the Swiftpay website directly and fill out the registration form. It only takes a minute or two and your account will be activated instantly.
Depositing with Swiftpay
To make a Swiftpay deposit, first upload funds into your Swiftpay wallet either by credit card or bank transfer. Swiftpay accepts both Visa and MasterCard. Once your funds have cleared, you can log into your casino account and visit the cashier. Select “Swiftpay” from the deposit methods available, enter your desired deposit amount, then log in through the cashier to complete the transaction. Funds should be placed in your casino balance instantly.
Advantages of Swiftpay
Like all e-wallets, Swiftpay allows you to make deposits at an online casino without sharing your financial information. While most casinos use SSL encryption to protect you, providing this information once to Swiftpay instead of multiple times to casinos reduces your risk of getting your card or bank information stolen.
Swiftpay does not even require you to have a credit card. As long as you have an active bank account, you can send money to your Swiftpay wallet with ease. Just follow the instructions on the Swiftpay website.
Disadvantages of Swiftpay
Swiftpay does charge a fee for its services, which makes it more expensive than a direct credit card or bank transfer deposit. Consider whether the added layer of safety and ability to store funds in a separate gambling account is worth the cost. Additionally, other e-wallets may charge a lower rate or work better for your particular needs. Always look at your options before deciding on a particular deposit method.
If you choose to deposit with Swiftpay, you may or may not be able to withdraw funds back to your Swiftpay account. Check with your casino to see what is available to you. If you cannot cash out to Swiftpay, make sure you know how you will take your winnings before making a deposit.