KoalaPays Online Casinos

Going through online casinos and looking for one to , you must have noticed that to make the right decision, you’d have to be certain about one or two things. On one hand, you need a casino that offers the widest choice of games you could play. On the other hand, you need to know it is a safe site that you can trust.

Aside from the licenses and games offered, however, you should also think about the payment method options at your disposal. A proper online casino must have at least two or three options for you to consider, methods that are available in your country, but also methods that offer fast and cost-effective transactions. One solution that is being added across online casino sites lately is KoalaPays. This is an all-in-one method that can provide you with several services. Why choose KoalaPays to play across online casinos with?

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KoalaPays FAQs

 

About KoalaPays

Launched in 2020, KoalaPays is a relatively new payment solution, provided to you by a company based in online casinos, since it offers services that are pretty attractive to the modern online casino player.

What this solution does is offer you all types of money transfers all across the globe. First of all, it s over 20 currencies and even cryptocurrencies you can use to transact online with. Secondly, it is quite flexible, as it allows you to use four different banking services. But most importantly, it is a completely safe and secure solution to use, since it complies with anti-fraud management technologies to ensure that your money is safe with it at all times.

However, there’s one thing you should know about it. You cannot actually create a personal with it, but only a business . Since it is a solution designed to suit the business model and serve companies all across the world with its all-in-one services, you can only use it if you are running a business, work at a company that’s using it or you are a customer of a company which has an with it.

As an online casino player, you may be discouraged by this little detail. However, if you wouldn’t like seeing your online gambling transactions on the t business statement or you simply wouldn’t want to implicate your company’s details across online casinos, let us inform you that you can still enjoy KoalaPays. As long as you have an IBAN , for instance, you can make online casino transactions under your company’s name without sharing any company details with the casino.

Types of Services Offered

As already mentioned, KoalaPays is a solution that offers four different financial services. First of all, you should know that you can open multiple-currency s, depending on when and why you need to. Then, you can send and receive money anytime you need, anywhere across the globe. You can enjoy its exchange services, and make SEPA and SWIFT payments. However, the solution is most popularly used as an eWallet, especially across online casinos.

Now, to get started with the eWallet, you’d need to visit KoalaPay’s official website. At the top right corner, locate the button and press it. Or, if you’re planning on playing via your mobile device, go straight to Apple App Store or Google Play Store to its mobile app. Then, follow these steps:

• Create a and a name, and then re-enter the to confirm it.
• Enter your phone number and the type of phone device you’re using.
• Enter the full name of your company and your country of residence.
• Fill in all the required company details.
• Select your preferred currency and enter your email address.
• Answer whether you’re a VAT payer.
• Click on the button after you’ve double-checked all the details.
• Your is ready to be funded.

You should know that you’ll need to share with KoalaPays many important company details, but you should also know that once you share them, they’re staying with it. These details won’t ever need to be shared with your online casino. When it comes to details needed, you’ll have to share the company’s city, ZIP code and full address. Then, you’ll need to share the names of the ultimate beneficial owner, shareholders, directors and a person. Finally, you’ll need to share the company’s official website.

Funding your eWallet would be pretty easy. Just connect your online banking to your eWallet , and you’ll be ready to quickly transact with it. Provided you have an active bank with any bank and an IBAN, your bank will be recognized thanks to the standardized numbering system and your transaction will go through in just a couple of minutes. Therefore, at any time, from any bank, you can transfer money all across the globe.

How to Deposit with KoalaPays

You should know that KoalaPays is still relatively a new solution, and that’s why it is not available across hundreds of online casino sites. You’ll find a decent number of casinos that accept it, though, therefore, the first step towards depositing with it is finding an online casino that you like that offers it as a payment method.

As soon as you do, just do the following steps and you’ll successfully make a deposit:

1. Head over to the casino’s Banking/Cashier/Deposit page.
2. Find KoalaPays’ logo by exploring the eWallets page.
3. to your eWallet and specify how much you wish to deposit.
4. Confirm the transaction and the service will transfer the money to your online casino in a couple of minutes.

Deposits with this incredible eWallet are near-instant. In just a few minutes, the money you requested to transfer will reach your online casino balance. And that’s one of the main reasons why the solution is being recognized by so many online casino players, looking to make speedy deposits.

How to Withdraw with It?

The withdrawal process is pretty much the same. Assuming you’ve played and won something, head over to the casino’s Banking/Cashier/Withdrawal page and look for KoalaPays’ logo. Follow the steps as described above and you’ll successfully withdraw your winnings.

Before you request the withdrawal, make sure you’ve met the ID checks. The casino needs to your age and identity before it pays off your winnings, and that’s all part of the regulatory rules.

Country Restrictions and Other Limitations

As mentioned, KoalaPays wants to go big, and that’s why it is already offering its services all across the globe. Upon registration, when you go through the list of countries to choose your country of residence, you can notice that so many countries are accepted and can use its services. Among them, you’ll notice EU countries.

The solution has explicitly stated in its and Conditions page that players from countries that were subject to EU/CR financial sanctions will not be eligible to use it, nor an with it. Therefore, before you even consider using it, make sure you learn more about whether your country has ever been subject to such sanctions.

As far as other limitations go, we mentioned that over 20 currencies and several cryptocurrencies are accepted. Among the accepted currencies, you’ll find Czech koruna, the UK pound, Australia and New Zealand dollars, Turkish lira, Swedish krona, euro and the US and Canadian dollar. Bitcoin, Ether, XRP, Litecoin and Bitcoin Cash are the accepted digital currencies. You should know that ing an with the solution is absolutely free of charge, but using its services comes with a cost. Explore its website to learn exactly which fees apply to the service(s) you’d want to use.

Advantages and Disadvantages

As you were reading, you probably made mental notes about the things that you like and dislike about this solution. And the pros and cons are actually quite obvious.

On the plus side, you have the fact that you can use four different services when you create an with it. No matter where you reside in the world, you can move money effortlessly in just a couple of clicks with it. The solution allows you to create multi-currency s and s more than 20 currencies and even digital currencies, which is every online casino player’s dream. On that note, what casino players also need is speedy transactions. And this is where the eWallet shines in. With the eWallet, you can make near-instant transactions, so you can start playing your favourite games in a couple of minutes.

But we can’t ignore the obvious downside, the fact that you cannot create a personal with it. Even though all the information you share about the company stays perfectly safe with KoalaPays and no details are ever shared with the casino, some players won’t feel comfortable sharing company details with anyone, regardless of the security measures.

Also, if you’re a player from a country sanctioned by the EU or CR over financial issues, you won’t be eligible to create an with KoalaPays. You’d have to know whether your country has had these types of issues before you even attempt creating an with it.

Final Analysis

Weighing in all the pros and cons, one cannot ignore the fact that the pros prevail. KoalaPays is, indeed, a remarkable all-in-one solution that can be more than useful to modern online casino players. Whichever service you’d want to use at the moment, depending on your needs, you can use it via a single . The eWallet is especially convenient as it allows for near-instant transactions with over 20 fiat and several digital currencies. You can even create multi-currency s and play with the casino’s default currency if you want to.

Sure, to get started with it you’d need to share company details, but you can rest assured that those details will never be shared with the casino. KoalaPays abides by strict financial rules, regulations and protocols, plus is SSL encrypted, so you can rest assured that any information you share with it and all your money will be perfectly safe with it.

Therefore, it is up to you to decide whether this is a method you could see yourself using across online casinos. Consider the good and the bad, and make your decision. Should you choose to use it, you won’t regret it.