Spoilt for choice.. When a casino or bingo player tries to make a deposit online at their favourite casino and bingo sites, they have an abundance of payment methods to choose from. It used to be a question of whether to get the debit card out or give paypal a whirl, but now with pay by phone technology emerging onto the scene, its given punters yet another way to spend their money.
What Is Pay By Phone?
Pay By Phone technology uses a players mobile phone and adds their deposits to their monthly phone bill (for those who have a phone contract). Making a deposit using this method is straight forward and simply requires a player to enter their phone number and the amount they’d like to spend into the cashier section of the casino website. Shortly after the player will receive an SMS in order to verify and complete the transaction.
Any funds deposited won’t be collected from the player until their phone bill is due, with the exception of pay as you go customers who will see the funds debited from their balance immediately.
Casino sites often use services like Boku to allow players to make use of Pay By Phone technology but other processors are available, take a glance in the footer or the payment methods page of any casino website for further information.
One of the biggest advantages when it comes to pay by phone is the added security that comes from not being required to share your banking details with the merchant. With pay by phone, all you need to do is enter your phone number at the casino and then respond to the verification text to allow the transaction to be processed, you’ll never share any banking details when making a deposit this way.
What Are The Disadvantages?
One of the drawbacks to using this deposit method is that it can’t be used to process withdrawals. So whilst it makes spending money super easy, if you’re lucky enough to win, you’ll have to input your banking details in order to withdraw the money which sort of negates the benefits of not having to share your banking details in the first place.
Overall, paying by phone can be a hassle free way of transferring funds to your casino account but you should be mindful that in the event of a win, you’ll have to register a different method to process the withdrawal. We’d also strongly recommend (as always when gambling) that you carefully keep track of the amount of money you’re depositing. Remember, if gambling becomes a problem, https://www.gamcare.org.uk/ is a great place to get help.