Online gamblers are spoilt for choice regarding the number of available payment options. Their number continues to increase, bringing numerous benefits to users. VIP Payments is a payment processor that handles transactions in different currencies and covers some of the leading global markets.
But, is it the right choice for online gambling? This review will help you find a definite answer.
What is VIP Payments?
VIP Payments is a payment gateway with an extensive market presence, allowing users to carry out transactions in more than 25 currencies. Some of them are US dollars, euros, UK pounds, Canadian dollars, or Swiss francs. The payment provider also supports global SWIFT transactions and SEPA payments for EU markets. Based in London, VIP Payments delivers a range of practical, accessible, and versatile payment solutions. Some of them are local payment options popular among gamers. VIP Payments promo
VIP Payments Account
One of the main advantages of using VIP Payments is that you won’t need to open an account. However, keep in mind that you might need to register with another PSP you want to use through the VIP Payments gateway.
Company
VIP Payment LTD is a British fintech company that delivers practical, accessible, and versatile financial solutions. It relies on the experience of its team to offer an easy-to-use digital payment experience. According to available information, VIP Payment has more than €150 million in executed transactions. Also, the company collaborates with various industries like game studios, e-shops, and digital agencies.
Facts
Payment Type
Payment gateway
Headquarters
London, UK
Countries supported
35+
Pros
Multi-currency support
SEPA and SWIFT
Fast deposits
Cons
Not widely available
Not many online casinos support it
How to Deposit with VIP Payments
If you’ve ever used a payment gateway, you’ll be familiar with the depositing process. Open an account at an online casino supporting this payment option. Once you log in, head straight to the Cashier page and pick VIP Payments from the list of available methods. Choose the amount of money you want to deposit, enter the necessary information, and press the Deposit button. The deposited funds will appear in your balance almost instantly.
How to Withdraw with VIP Payments
Before you can cash out, it’s necessary to select VIP Payments as your means of payment. Choose the amount you want to take home, provide your banking details, and click Withdraw. Just wait for the casino’s pending period to be over, and enjoy your casino winnings.
Luckily, there are no fees involved with VIP Payments.
Transfer Time and Fees
Online casino deposits made with VIP Payments are fast. In practice, it will allow you to focus on gaming, as the transferred funds will immediately arrive in your casino balance. Cashing out functions differently, as online casinos impose pending periods, meaning you’ll have to wait for your request to be processed.
VIP Payments has no fees, but remember that your casino can impose additional charges. We recommend checking this out first.
Security
VIP Payments utilizes a fully secure system and protects all sensitive customer data. All operations are regulated by the UK Financial Conduct Authority (FCA), adding an extra layer of protection.