Pay by phone payment methods are very handy for all those players who enjoy gambling using their smartphones. Thanks to this innovative option, mobile gamblers are available to deposit their funds directly from their mobile device without any hassle that comes with credit and debit cards, eWallets, and bank transfers. That’s why it comes as no surprise that this scheme has become so popular.
Today, we’re going to talk about pay by phone methods you’re able to use at online casinos, their benefits, and disadvantages.
What is Pay by Phone?
Pay by phone is a service that allows gamblers to make deposits using their mobile phones by turning their device into a credit or a debit card. To cut the story short, this service charges the costs of your gambling payment to your phone bill. To make this option possible, you just need to provide your phone number to the online casino you’re gambling at.
Once everything is set up, you’ll be charged whatever you spend using your phone, just like you made a call of the same value. The money you spend may be added to your monthly bill or taken straight from your phone credit.
One of the main advantages of this service is the fact it offers fast, nearly instantaneous deposits. After you have set up your account, you’ll be able to make a deposit straight away, without any hold periods.
On the other hand, there are some disadvantages to using pay by phone. Many mobile operators impose ridiculously low limits, which can pose a huge problem, especially for high rollers. There’s also the fact you cannot use the same method to withdraw your money. Your winnings simply can’t be credited to your phone bill. This may change in the future, but not yet. In the meantime, you’ll have to rely on a traditional method of withdrawing funds.
The Most Popular Service Providers
When it comes to paying by your phone bill, there are many service providers you can choose from. Here are the most popular ones:
Payforit is a very fast payment scheme, very convenient, and also straightforward to use. So it’s not surprising that it’s incredibly popular. It works with the majority of mobile operators. All you have to do is send an SMS, and your payment will be immediately processed. It has conservative deposit limits, although it does allow withdrawals.
It’s the most prominent mobile billing provider in the world and the preferred choice of many gamblers. Boku gives its customers an additional layer of security by implementing a confirmation text system. That way, anyone who has your phone number won’t be able to use it in any wicked way.
Although a top-rated service provider, Boku has its fair share of flaws. The most important one is that its deposit limits are somewhat restrictive. Unlike Payforit, it doesn’t allow withdrawals.
Siru is a quick and reliable mobile payment method, which does the job from literally any location. It’s easy to use, and it doesn’t require a pre-registration, nor any bank account or credit/debit card, which means you don’t have to reveal any sensitive information.
Siru allows its users to set their limits to prevent overspending. Its most significant disadvantages are low payment limits and the fact it doesn’t support withdrawals.
This Swedish mobile payment method has quickly become very popular due to its reliability, security, and easy-to-use interface. Setting up your Zimpler account is done by using your phone number, and all it takes to get it done is an SMS confirmation. Although a relatively new name in the market, it already has an excellent reputation.
Pay by Mobile Phone
Many mobile operators offer a pay by phone bill depositing scheme. That way, gamblers are able to deposit funds to their account quickly and conveniently.