Cash In
The process of cash in is one of the main aspects in starting an online casino game, thus enforcing casino website owners to make the process as easy and fast as possible. Otherwise a threat of loosing impatient players appears. For that reason providing them with several options of payment making is crucial.
Moreover, the billing process is sure to be organized in the environment of convenience and guaranteed security for both players' and owners' sides.
Online casinos built on the basis of Viaden Media software offer players to buy casino chips to be able to perform their game. On the one hand it makes an online casino look more similar to real casinos; on the other hand it gives them a graphic presentation of the cash in process. Chip purchases are deducted from players' eCash account.
In the process of our software solutions development we kept in mind that speed and simplicity of money cash in should be among the forefront priorities. To make cash in a player should take two easy steps, namely:
- Choose a payment system in accordance with his preferences and abilities
- Make money transfer through the chosen payment system
The whole process of settling down the funds is almost immediate after the money came to the online cashier of the casino.
Keeping in mind casino owners' interests, Viaden Media online casino software was designed to decrease the high percent of declined payments that has become habitual for many online casinos. A number of certain administrative sanctions was developed to protect you from loosing money in this way. The sanctions are viable with VISA and MasterCard bank cards.
Cash Out
By virtue of the fact that casino games are all about the money, monetary issues present that very reason for your players return to your casino as loyal clients. Cash out process optimizing often becomes a key point in building players' loyalty to your particular online casino. If a gambler experiences any difficulties with money getting, he undoubtedly will try to find a less problematic online casino website. And alternatively, no cash in problems are among the most significant pluses of any casino in the viewpoint of online players.
Since one of the most frequent players' complaints is the low speed of payout making, we have tried to harness our vast software development experience and billing knowledge to allow online gamblers receive their payments shortly after the game ending. Viaden Media online gambling software allows money transfer performance from the casino to e-cashier with only one button-click. To ensure security an operator may request a passport or driving license copy.
If a player used our bonus services, casino operator checks whether the player hasn't violated the rules of using bonus system prior to awarding bonuses. Nevertheless, the right to remove any bonus awarded to players that are playing on excluded games whilst having an active bonus in their account is reserved. Bonuses are cashed out on casino finance manager's confirmation of the execution of all bonuses rights by the player.
It is important to highlight that a casino database contains detailed information about each payment. Our software package permits to set the maximum and minimum sum to cash in and out for every payment system as well as convert any currency into the casino account currency.
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Payment systems
It is highly recommended to use more than one payment system in your online casino to ensure convenience of choice to your online gamblers. As mentioned, Viaden Media online gaming software allows easy integration with most popular payment systems, such as:
Neteller provides its customers with many convenient ways to load funds to and withdraw funds from their accounts, including several instant transfer methods: credit card deposits, CASH bank account transfers, and transfers using the Neteller Cards. Set-up fee is $1000. To create an account you must be a juridical company. The copy of your company's director passport must be submitted. Netteller is the most popular payment system in the English-speaking world. Unfortunately, players from Russia are not permitted to create accounts in the system.
Firepay. There is no charge to set up an account, make payments, and send funds, from a FirePay account to any other merchant who supports FirePay. FirePay only charges a fee when making a deposit from a bank account into a FirePay account. The amount of the fee will be clearly displayed on the deposit page at the time of a deposit. Only juridical companies can create accounts.
PrepaidATM. The PrepaidATM card combines an ATM card, debit card, and virtual card all in one. What is most important, the card is not bound with any bank account. The payment system cardholders have a vast variety of funding methods. PrepaidATM cards can be used worldwide to withdraw cash from any ATM machine. PrapaidATM charges a 4% fee from all purchases. Only juridical companies can create accounts.
Moneybookers is as a specialized electronic money issuer. Only juridical companies can create accounts. Before using the Moneybookers services identity verification is required in order to minimize fraud actions as well as eliminate money laundering. Additional verification steps are required, this rises the max transferable amount up to €20,000 or equivalent within a 90-day period. Gambling license is required when starting an account with Moneybrockers.
Е-gold. Setting up an E-Gold account is free of charge. Also, no credit check is needed as well as no minimum balance is required. Since there is no concept of a "merchant account" in that all E-gold accounts may spend e-gold or receive e-gold payments. No specific requirements and restrictions are stated by E-Gold to set up an account. The only thing that should be done is registration on the official website of the payment system.
Webmoney. This payment system is the most popular one between Russian-speaking players and the most comfortable for the casino. In order to open an account it is required to submit passport information. The main system disadvantage is relative slowness of account set up. A new user has to spend some hours to register necessary cashiers and keys.
EcoCard. This payment option is very popular among many online casinos. The EcoCard is a prepaid debit card to be used for online gambling. It is widely used in Europe. To open account with EcoCard, you need to fill in a special application form and provide this merchant with your financial information. To fund an account with EcoCard use cash, Internet banking payment, or bank wire.
Click2Pay. The payment system is considered relatively new payment solution that makes an alternative to the habitual using of credit cards to fund online casino accounts. Click2Pay makes deposit and withdrawal processes quick and convenient. Multi-currency is supported by Click2pay. A Click2Pay account can be funded via the Click2Pay official website using a valid credit card or using the direct transfer (ACH), EFT, or direct debit. No service is offered to the US citizens.
EntroPay. The EntroPay account provides you with a virtual VISA card to take online payments wherever VISA card is accepted. The card can be funded using a regular bebit or credit card. EntroPay makes possible the anonymous way of online payment making.
ClickAndBuy. The payment system is considered one of the most popular payment systems in the World Wide Web. In order to set up a ClickAndBuy account it is required to register a free account at the official website. The account can be easily funded with all popular regular credit and debit cards.
INSTADEBIT. The payment system is a fast and easy way enabling online payment making moving the money directly from a bank account, thus, there is no need to perform funding of INSTABEBIT account. The account set up is free of charge as well as deposit and withdrawal services.
EZI Pay, formally known as Payspark, is a web wallet enabling you to make instant deposits into a casino account. The payment system provides you with two basic online payment making alternatives. The first one is an e-wallet used to deposit and withdraw money from those online casinos which support this payment method. The second option is EZI Pay ATM cards that enable their holders to withdraw money from almost any ATM.
SafeCharge is an acknowledged leader in providing Internet payment services. It is a combination of top-notch payment gateway with a highly reliable online fraud detection solution. SafeCharge services enable credit card processing on an international level. The payment system offers a wide range of global payment making and customized services for online merchants in all e-commerce spheres.
iDEAL payment system enables its users to make online payments directly between bank accounts. In order to perform transaction a direct link is embedded into the systems of participating banks. It means that the connection to iDEAL provides every system user with an access to online banking of ABN AMRO, Fortis, ING, Rabobank, or SNS bank. It is important to highlight that this kind of service is provided only by iDEAL.
Giropay The fast home banking payment method with payment guarantee . The number of home banking accounts in Germany, Austria and Netherlands, has been steadily rising in recent years and more and more Internet users consider home banking to be a convenient way to process their banking transactions, from home or from the office. Giropay is a payment method for German consumers based on the PIN and TAN procedures of the popular home banking process. Giropay provides the consumer with home banking facilities directly from within the online shop. Having been implemented by the German savings banks and banks, Giropay benefits from the high level of security of their well-established online banking process. Giropay's security is further enhanced by 128-Bit SSL encryption and the use of online certificates.
DIRECTebanking offers clear advantages when compared to all conventional and new payment methods being offered on the Internet today for the vendor, as well as the customer. Unlike conventional and new payment methods being offered on the Internet today, DIRECTebanking.com offers clear advantages. For vendors these advantages manifest in measurable cost savings and increases in sales, or an optimization of payment processes, liquidity, debtor and risk management.
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