Cashlib is an online voucher payment system designed to make online purchases secure. Users purchase a Cashlib voucher and then use the funds on the card to carry out transactions. Each card uses a 16-digit PIN, which you enter to use the funds on the voucher. The service operates in many European countries, including Norway. You can purchase Cashlib vouchers directly through the company or from business partners.
Depositing with Cashlib in online casinos works identically to any other voucher transaction. After entering the 16-digit PIN, the funds from the card get transferred into your casino balance. In case of a larger deposit, you will need to use multiple vouchers to complete the transaction. Because voucher funds are preloaded, the transaction transfer times are near-instant. Is this payment service worth your time? We go over everything you need to know about Cashlib to find out.
What is Cashlib?
Not everyone has a bank account. Over the years, many alternate payment services have arisen to cater to users that do not want a credit or debit card. One of the most prolific banking options for such users is online vouchers. You can purchase them at retailers or online stores and then use them to pay for other things online. Cashlib works that way, making online transactions safer and more accessible to a broader range of people. Cashlib is popular in Nordic Countries
Cashlib is an excellent payment method for privacy-minded players. You can deposit funds in your favorite online casinos without your bank knowing about your playing habits. Additionally, vouchers are more secure, as it does not like your bank cards or payment details to the online casino. The only downside of using Cashlib vouchers is being unable to withdraw money. Because of that, you will also need to set up another payment method to cash out any casino winnings.
Cashlib Account
Cashlib does not require you to register an account to use its cards. To deposit funds, you simply enter the PIN code on the casino’s cashier section.
Company
The company was founded in 2015 to make online payments possible for people without banks or credit cards. Cashlib and partnered sellers offer prepaid cards with a fixed cash value. Each card has a unique 16-digit PIN, which you enter to make payments online. Cashlib’s website lets you check the remaining balance of your voucher, which is helpful if you have not used it in a while. However, keep in mind that vouchers are only valid for six months.
Cashlib sets a limit of five voucher codes per person. Furthermore, each voucher can have a maximum value of €250.
Facts
Payment Type
Voucher
Headquarters
Luxembourg
Launched
2015
Pros
Speedy deposits
Banking information is secure
No registration
Easy to use
Cons
Cannot withdraw money with the payment method
How to Deposit with Cashlib?
Confirm the online casino you are interested in supports Cashlib as a payment method. If it does, you will be able to select it as a payment method when you open the cashier/banking page. After picking Cashlib, enter how much you plan to deposit.
The casino will require you to enter one or more 16-digit PINs depending on the amount of money you are depositing. After the transaction, you can use the money to start playing casino games.
How to Withdraw with Cashlib?
There is no option to withdraw money using Cashlib. The nature of vouchers makes it impossible to use them to cash out.
Funds on your Cashlib vouchers are already preloaded on the card. Because of that, deposited funds appear in your casino balance as soon as you enter the PIN. Depositing through Cashlib does not incur fees, although some websites may have separate transaction charges.
Security
If you buy Cashlib vouchers in person, your security is guaranteed. The service does not expose your personal information or bank card details. As long as you keep the 16-digit PIN secure, Cashlib is one of the safest ways to deposit funds in online casinos.