Qiwi started operations back in 2007 in Russia, and served as a convenient way of paying government bills, filling up your prepaid phone credit, transferring funds between individuals and the likes.
At that time, e-commerce and online gambling more specifically had already set the grounds of a whole new marketplace. Hence, Qiwi grew in potential, and following its affiliation with Visa by 2009, lived up to it. The Russian-based e-wallet was soon available across most of the countries that were once part of the Soviet Union, as well as many major territories globally – Canada, USA, UK, Thailand, Turkey, South Korea, Panama and more.
Residents of all eligible countries have hence been able to make use of Qiwi as an e-wallet, along with online banking and a plastic card solution as additional options. The partnership with Visa has definitely opened additional opportunities for the company, and allowed it to gain access to prosperous business segments the likes of interactive gambling.
How to Deposit with Qiwi?
Before making a move at your chosen online casino with this payment method, you need to open an account and hold funds there. The best way to check for eligibility is to head straight to the official site and open the registration page. If it permits access, you are free to proceed. Just type in your mobile phone number – it serves as a username and will be required upon future logins, and the system will generate a one-time-use password. The practice is the same each time you sign up, so all you have to do is hold onto your phone.
Don’t forget to fund the e-wallet with one of the banking methods on offer – direct bank transfer, online banking, credit/debit cards, or other e-wallets such as PayPal. Just remember that, due to Qiwi’s Russian origin, the default currency is Rubles, and any fund transfers will see an automatic exchange into this currency. Once you’re all set up, simply find an online casino that accepts Qiwi payments and get on your way. These casinos are normally safe and secure, and all the more reliable considering the fact that a Visa-related service is present on the site. Just register for an online casino player account and head to the ‘Banking’ page. Click to select Qiwi as a deposit method and a new window will allow you to log into the service with your registered number and respective password. Specify the amount you would like to deposit and confirm the transfer, and your funds should be available at the online casino in no time.
How to Withdraw with Qiwi?
Making withdrawals with Qiwi is just as simple – head back to the ‘Banking’ page of your online casino after a winning run and select it from the list of cashout options. You will need to log in again, enter the amount you’d like to withdraw and confirm the transfer.
Afterwards, you will also be able to move the funds via the available methods in the e-wallet service. You can choose to hold your winnings in your bank account, other e-wallet service or card, to pay for something online, or to simply cash them out via an ATM using the Visa plastic card option.
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Transfer Time, Safety & Security
Transfers with Qiwi are safe, protected and speedy, allowing players to get their funds right where they want them in no time. Still, while deposits are practically momentary, withdrawals could take a bit longer to process. This is mostly dependent on the policies of your chosen online casino, since they may require some thorough check before approving cashouts.
Either way, even if the transfer does get delayed a bit, you can be sure in the safety of your funds with Qiwi. The service has distinguished itself due to an impeccable track record, and its affiliation with a financial giant the ranks of Visa supports their claim even further. Users will benefit from banking level encryption and compliance to all industry and market standards, as well as a range of other convenient features (lack of fees, reliable and accessible customer service and support.) And with the sole fact that logins are based on a ID-verification basis like most dual-factor verification systems work, it guarantees piece of mind.
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