Details about the Prepaid Card payment system
A prepaid card is an account that you can use to facilitate transactions both in stores and online. It’s especially handy to use as a payment method for an online casino. When you purchase the card through either a storefront vendor or when you order one online, you pay a small fee and then you can load your funds onto the account.
The prepaid card should not be confused with a credit card, because it doesn’t offer any credit. You can’t make purchases greater than the amount placed on your prepaid card, so you should keep in mind that some cards and retailers charge fees for transactions. Make sure you're accounting for those fees in your total charges.
Fees and Commissions
There are quite a few fees that you must take into consideration when using a prepaid card. Right off the bat, the charges start with a purchasing fee that can be anywhere up to £10.
Cards can be loaded up online, so there’s no need to repurchase a card when you’ve used the funds you allocated originally. There’s an average charge of around 3% to reload money onto the account. There are also other fees associated with the card, like transaction or withdrawal fees, as well as monthly fees.
Deposit and Withdrawal Times
It’s straightforward to deposit at an online casino using your prepaid card. All you need to do is to click on the deposit option at the casino, and to fill out the account information. Your deposit using a prepaid card at an online casino should be available instantly.
When you’re ready to withdraw your winnings from the bank, you can click on the balance of your account. Then you can enter the information on your prepaid card, and the amount of money that you want to withdraw. The terms and conditions of the site you’re using will list the minimum and maximum amounts for deposit and withdrawal. Those amounts vary depending on the casino you’re using.
Remember that the prepaid card you use will likely have fees associated with the deposit and withdrawal transactions too. The casino itself will have fees as well, so make sure that you take this into account when budgeting.
Support Work Quality
A hallmark of any great company is a customer service team that is readily available. Knowledgeable staff, who can answer customer questions transparently, is a vital feature of any prepaid card company.
A fair share of prepaid card transactions are completed on the Internet. So it makes sense that the customer support team would be available online. Prepaid cards usually offer support services through phone, email, and live chat.
Mobile Version and Application
A key feature of any prepaid card worth its fees is that you can access and reload it from anywhere. The ability to load on the go will help when you’re away from home. Many prepaid cards let you load on a mobile device. To take that convenience one step further, some prepaid card companies have partnered with software developers to create apps. The apps are available on both the Play Store and the Apple store.