WalaoPay

WalaoPay is a relatively new fintech company, established in 2018. However, that has not stopped its explosive growth among customers in South-East Asia. WalaoPay is a payment gateway that makes online transactions straightforward. It lets you make payments directly from your bank account without needing a bank card or e-wallet. WalaoPay is primarily present in Thailand, Indonesia, Vietnam, and Malaysia, partnering with over 15 banks from those countries.

Depositing with WalaoPay is simple as pie. For players, the process is no different than making payments through online banking. WalaoPay works behind the scenes, taking funds from your bank account and forwarding them to online merchants in a format they support. Funds deposited through this payment method will become available to use almost instantly. For most players from South-East Asia, WalaoPay is the most convenient way to deposit money. We go over how to use the banking option, transaction times, fees, and more.

What is WalaoPay?

In Asia, bank transfer payments are much more popular than Visa or MasterCard credit and debit cards. WalaoPay offers an easy way to integrate Asian customers by offering a singular payment gateway to online casinos. Meanwhile, players can continue using bank transfer payments they are familiar with. Easy access to a new market and convenience are WalaoPay’s two key strengths and the reason they have become so big so quickly.

Deposited funds using this payment method arrive in online casinos almost instantly. On top of that, you do not need to register an account to use WalaoPay. The only login credentials you need are for your online banking account. WalaoPay also offers an extra security buffer, as your banking information is never revealed to the online casino.

The downside of WalaoPay’s system is that it does not support withdrawing money from online casinos. You will have to use another service to cash out any funds you win while playing casino games.

WalaoPay Account

WalaoPay does not require you to register an account to use its services. Instead, you authorize transactions by using your online banking credentials.

Company

Unfortunately, there is almost no information about WalaoPay online. We know the company was founded in 2018 and that its headquarters are in London. However, we could not find any additional information about this payment processor. That said, we do not doubt WalaoPay’s authenticity. The company is partnered with some of the biggest banks in Malaysia, Indonesia, Vietnam, and Thailand. These banks would not lower their reputation by working with an unreliable partner.