Viva Wallet

We at OnlineGambling24 are constantly on the lookout for new payment methods. We particularly enjoy payment options that allow users to carry out fast and hassle-free transactions.

Viva Wallet has caught our attention, so we wanted to explore this solution and look at its benefits. It originates from Greece, where it is a popular payment gateway suitable for both depositing and withdrawing at online casinos.

In this review, we will learn more about Viva Wallet and see how it works. After reading it, you can decide whether this payment method is the right choice for your online gambling purposes.

What is Viva Wallet?

Viva Wallet is a cloud-based neobank that offers localised payment services to customers in 24 countries across Europe, including Greece. It is a safe and secure gateway, boasting transactions without any fees. In total, Vival Wallet supports over 30 banking solutions, giving its users plenty of choices.

The list of available services includes advanced payment gateways, a Tap-on-Phone POS app, and add-on Google devices.

Viva Wallet can be used for online gambling in Greece

Viva Wallet Account

Before you can use Viva Wallet, you must open an account. To do so, visit the payment method’s official website. Click the Account icon, and then press Create an Account to initialise the registration process.

Enter the required personal information (email, first name, last name, date of birth). This data must match the details on your ID card, as they will later be used to verify your identity.

To complete your registration, enter the other required information, such as place of birth, nationality, and other contact details. Make sure to set up a strong password and check the box to accept the solution’s Privacy Policy and terms and conditions. To finish your registration, enter a 6-digit code. In case you didn’t receive it, click “Use another phone number” or “Resend SMS”.

Once you are done, choose an option to add funds to your Viva Wallet.

Company

Viva Payment Services is the company behind this payment solution. It is an electronic money institution operating with a license issued by the Bank of Greece, meaning it can provide payments in the UK and the EEA.

Viva Wallet is Europe’s first entirely cloud-based neobank. If you wonder what a neobank is, it is a banking institution that does its business online, without a physical branch or office.

Haris Karonis is the founder of Viva Wallet. He established Viva Payments in 2011, securing a license from the Electronic Money Association three years later.

Facts

Payment Type	Neobank
Headquarters	Greece
Founded	2011

How to Deposit with Viva Wallet?

To make a deposit with Viva Wallet, you need an account with a supporting online casino. Open a new account or log into an existing one, and go to the Cashier page to choose Viva Wallet as your payment option.

Enter the sum you plan to deposit. Once you confirm the payment, the money should immediately arrive in your balance, and you can start enjoying online casino games without any delay.

How to Withdraw with Viva Wallet?

Withdrawing money with Viva Wallet is equally straightforward. To claim your winnings, go to the Withdraw section and choose Viva Wallet as your preferred cashout option. Provide the required details, as well as the sum you wish to take home. Submit your request and wait for the casino to approve it.
Remember, if you want to withdraw with Viva Wallet, you must deposit using this method first.

FAQ

Where is Viva Wallet available?

In addition to Greece, Viva Wallet is available in 23 countries across the UK. However, only Greek online casinos accept it as a deposit and withdrawal method.

Are there any fees for using Viva Wallet?

The payment method itself doesn’t incur any fees. On the other hand, your online casino may impose additional fees.

How long does it take for Viva Wallet to process transactions?

Deposits are usually processed immediately, while those made through bank transfer can take up to 24 hours. When it comes to withdrawals, expect a pending period of 24 hours. Once your request is approved, the funds will be transferred instantly unless you use a bank transfer or card. In that case, it may take up to seven days to complete the withdrawal.

Transfer Times and Fees

Viva Wallet deposits are processed instantly. The process can last up to 24 hours when using a bank transfer. Withdrawal times differ from one online casino to another, as each operator has its own policy. Most gambling sites will approve your withdrawal request within 24 hours. However, it may take up to seven days to receive your winnings when cashing out through bank transfer or cards.

Most Greek online casinos won’t charge a penny for Viva Wallet transactions, and the service itself has no fees of its own. However, some payment methods supported by Viva Wallet can incur certain costs.

Security

Viva Wallet is a fully compliant PCI DSS Level 1 service provider and a licensed Visa and MasterCard acquirer.
To keep its users safe, Viva Wallet employs dynamic CVV technology and an AI-powered risk management system. According to the company, this system has decreased fraud by 70%.
Viva Wallet also uses Microsoft Azure, which is secured by SSL encryption and boasts DDOS protection.

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