iWallet

iWallet is a popular payment method that has been growing increasingly popular in Asian online casinos. The primary use of the service is as an e-wallet for processing online micropayments. That includes more than playing in casinos – iWallet also allows users to pay in countless online stores. Using the service requires registering an account, which is quick and free of charge.

With an account, you can send and receive money via iWallet. Since it does not directly connect your banking details to a casino, it offers better security and privacy than the alternative. It also boasts quick transaction times, with deposits and withdrawals being processed very quickly by the payment method.

Should you use iWallet’s payment service? We break down all the information you need to know below.

What is iWallet?

iWallet is a comprehensive online banking method aiming to make payment simple and secure. The service primarily functions as an e-wallet, but it also offers prepaid cards you can use to pay with your iWallet balance. The service is broadly used in Asian countries but has also been spreading to Europe. However, iWallet is not available in the United States.

Deposits via iWallet are handled quickly, with funds usually becoming immediately available to play. The e-wallet also lets you pay without exposing your bank card information, which helps make it much more secure than direct payments.

Cashing out is also available if the casino supports it. Withdrawal times usually depend on how quickly the gambling site takes to process the transaction. After that, the cashed-out funds should appear in your e-wallet balance immediately.

iWallet Account

Players have to register an account to use iWallet’s services. The process requires entering your personal information and funding the e-wallet through your bank account or credit/debit card. You will also need to verify your account by proving your identity and address.

Company

iWallet launched in 2009, right around the time smartphones were bringing the internet to millions of new customers. The company is based in Hong Kong, with offices in Europe and the Philippines. That allowed iWallet to offer its services in many markets. However, the core of its popularity lies in Asian countries, such as China, Japan, Malaysia, etc.

The company adheres to all the requirements and rules of the countries it operates in. Because of that, players can rest assured iWallet will handle their information and transactions safely and securely.