Rebrands are a common trend no matter where you look. As the company focuses and dynamics shift, they decide they need a new identity that better embraces those things. Vega Wallet is a rebrand of another popular Japan-focused e-wallet called Venus Point. The rebrand was accompanied by a new points program, which makes the service even more attractive to potential users.
The change of name and logo did not change Vega Wallet’s popularity with online casinos. Japanese players looking for a reliable method to deposit and withdraw money from gambling sites should keep it in mind. It offers quick transactions and takes player security seriously: all great points in the company’s favor.
Is that enough to make Vega Wallet the right payment method for you? Join us as we break down what the e-wallet offers to find out if it is worth using.
What is Vega Wallet?
Vega Wallet is an e-wallet payment service aimed at a Japanese audience. While iGaming is a big part of the service, it is far from the only one. Vega Wallet spices up its offering with Vega points, which are used to award cashback on your transactions. However, the e-wallet balances this by having small fees on every Vega Wallet transaction. Vega Wallet is more and more used for online gambling The service is great when it comes to depositing money. Deposits using the payment method are fast, which is a huge plus. Vega Wallet also allows you to play in online casinos without linking your bank account.
You can cash out your winnings with Vega Wallet. Withdrawal times are great, with most of the waiting time coming from the online casino processing the payout.
Vega Wallet Account
Vega Wallet requires you to register an account before you can use it to make any payments. Registration is a straightforward process and can be completed in minutes.
Company
Unfortunately, we were unable to find much about Vega Wallet as a company. We know it is based in the British Virgin Islands, and it was formerly known as Venus Point before its rebranding. However, we confirmed that the company operated without many issues and is available in many prestigious casino sites.
Facts
Payment Type
E-Wallet
Headquarters
British Virgin Islands
Launched
2016
Pros
Lightning fast deposits
Secure transactions
The point system rewards loyal players
Cons
Fees on every transaction
How to Deposit with Vega Wallet?
Log into your casino account and open the cashier page. Select Vega Wallet from the list of payment methods, and enter your account details and how much you wish to deposit. After initiating the transaction, you will be redirected to Vega Wallet’s payment portal. You will need to log in to authorize the deposit. After the payment goes through, you can start wagering the deposited funds.
How to Withdraw with Vega Wallet?
To cash out, open the banking page and find Vega Wallet in the withdrawal section of the website. After picking the e-wallet as your payment method, enter the required information and the amount you wish to withdraw. From there, simply follow the on-screen instructions, and you will be able to cash out your winnings quickly and efficiently.
Yes, you must register an account before using Vega Wallet.
Transfer Time and Fees
Funds deposited with Vega Wallet appear in your casino balance instantly, allowing you to start playing your favorite casino games. Withdrawal times mainly depend on the casino’s processing time and usually do not take more than a day.
You have to pay a $1.80 commission fee for every $900 transacted through Vega Wallet. Any additional costs are listed when you open the e-wallet to make a payment.
Security
All information stored by Vega Wallet is encrypted and kept secure in safe locations. The e-wallet also encrypts all transactions between itself and online casinos, preventing man-in-the-middle attacks from hijacking your funds.