Our job here at OnlineGambling24.com is never-ending. We’re always on the lookout for new payment options. We pay equal attention to global and local means of payment, and we particularly enjoy seeing easy-to-use payment methods.
We’ve recently come across eSewa. If you’re not living in Nepal, you’ve probably never heard of it. However, for the residents of this South Asian county, eSewa is a household name. From its humble beginnings, eSewa has become the leading fintech company in Nepal, and it continues to increase its presence.
Continue reading to learn more about eSewa. We’ll cover the basics, find out how to use it, and discuss its pros and cons.
What is eSewa?
eSewa is a digital wallet and online payment platform based in Nepal. Launched in 2009, it is a one-stop solution for a wide range of cashless transactions and bill payments, both online and offline. At this moment, the service is available at over 400,000 merchants, 120,000+ agents, and more than 50 banks and financial institutions across the country.
Users can rely on eSewa to make payments via its mobile application or site. They can use this payment method to pay their utility bills, recharge their mobiles, purchase airline, bus, and movie tickets, and shop online. The list of available services is extensive, making eSewa a valuable part of everyday life for millions of Nepalis.
eSewa can be used in Nepal for online gambling
eSewa Account
If you wish to open an eSewa account, you can do so, provided you’re a citizen of Nepal. To register, you’ll need a nationality certificate and a valid personal document. Opening an account comes without any additional costs.
There are two ways to register: via mobile app or website. If you want to register using the eSewa app, the first step is to download the app for Android or iOS. Upon installation, you’ll be redirected to the payment method’s homepage. Click on the Register option and provide the required information.
To register via the eSewa website, go to esewa.com.np, choose the Register option, enter the required details, accept the associated terms and conditions and complete reCAPTCHA to confirm you’re not a robot. After you complete these steps, you’ll receive a confirmation email. Click on the link to finalize the registration. The password for logging into eSewa will be sent via SMS.
To verify your account and enjoy eSewa without restrictions, you must complete the KYC procedure. Topping up your eSewa wallet can be done in four different ways: via internet banking, mobile banking, counter deposits, and through Cash Points.
Company
eSewa is a subsidiary of F1Soft International, a Nepalese fintech company founded in 2004. Over the years, it has played a key role in developing the country’s digital landscape. eSewa represents a testament to the company’s commitment to providing world-class financial services to people across Nepal.
Fact
Payment Type
e-Wallet
Headquarters
Nepal
Founded
2009
Pros
Safe and secure payment option
No fees
Supports a wide range of banking options
Dedicated app
Cons
Available only to citizens of Nepal
Not found at many online casinos
How to Deposit with eSewa?
If you wish to use eSewa for depositing, you must register with a supporting gambling site. Open a new account or log into an existing one, and head over to the Cashier page. From the list of available methods, pick eSewa. Enter the required information, including the amount you want to add to your casino balance. Confirm the payment, and start enjoying casino games as soon as the funds become available, which should take a moment or two.
How to Withdraw with eSewa?
Withdrawing money with eSewa should be equally simple. Visit the Withdraw tab on the Cashier page, and choose eSewa as your withdrawal method. After entering the required details and the cashout sum, submit your request and wait for the casino to process it.
Remember that using eSewa for cashing out requires this method for depositing. In other words, you must deposit with eSewa to be able to collect funds the same way.
Using eSewa for depositing doesn’t incur any costs. However, you can encounter fees imposed by your chosen online casino. Make sure to check this beforehand.
eSewa is a payment service regulated and overseen by the Nepal Rastra Bank, the country’s central bank. It adheres to its rules and regulations and holds an ISO certification.
Transfer Times and Fees
We couldn’t find detailed information about eSewa’s transfer times. We assume that online payments are carried out instantly, while the cashout depends mostly on the processing time of your online casino.
Opening an eSewa account is free, and the service has no maintenance fees. Depositing and withdrawing money at online casinos is generally cost-free, although the gambling site may impose certain fees. It means that withdrawing money from your eSewa digital wallet comes with different fees, depending on how you wish to claim your funds.
Withdrawing from an ATM has a fixed charge of Rs. 15 per transaction. If you choose a bank withdrawal, expect a fee of Rs. 10 for transactions ranging from Rs. 100 to Rs. 200,000. Adding funds to your eSewa wallet using a debit or credit card comes with a 1.75% processing fee.
Security
All personal information used by eSewa is secured by a 128-bit VeriSign SSL Certificate, while transaction details are encrypted, providing an additional layer of safety. Also, when transferring funds from your bank to eSewa, communication between the two sides is carried out through a secured VPN connection.