One of the more innovative and modern deposit methods which is on offer at a number of betting sites in that of Entropay.
Entropay is essential an online payment service which users can fund in order to receive a virtual Visa card which can then be used for online transactions. If that sounds like a deposit method which may suit you, read on to find out where Entropay is accepted, how exactly it works and why you may wish to give it a try.
Top Entropay Accepted Betting Sites
Deposits, Withdrawals & Time Scales
|William Hill||Instant||0-24 hours||£10||£99,000|
How To Use Entropay At Online Bookmakers
Whilst Entropay is an innovative deposit method which differs somewhat from more traditional payment alternatives, it is actually really quite simple and straightforward to use.
All a punter needs to do is to sign up to the Entropay service, add money to their new Entropay account and then deposit via Entropay to their chosen betting site. Each of those three steps are quick and easy, and are explained in detail below.
How To Sign Up With Entropay
Signing up to Entropay is very similar to registering for any online financial service and can be done in just a few minutes. Firstly, you must head to the Entropay website and select the clearly displayed link for opening a new account.
Selecting that link will take you to a page which will be very familiar to you if you’ve signed up for anything online before. It is, after all, just a straightforward online form into which you must enter your personal details, before confirming them to create your account.
The final step to create your Entropay account is to then verify both your ID and your address. Both of those things can be done via the ‘account settings’ area of your new account. That area will talk you through the process step-by-step, but it essentially involves the uploading of a government issued item of photo ID and another official document displaying your name and address.
How To Add Funds To Entropay
Once your new Entropay account has been created and you’ve verified your ID and address, you can add funds to your Entropay wallet. This can be done either via bank transfer or by making a credit or debit card payment to the wallet.
To fund your Entropay wallet from your bank account, you need to head to the ‘My Account’ menu within Entropay and then select your own name. You will then be able to choose ‘Wallet Settings’ and then ‘Add Money’. After this, you will be asked to enter some simple details in order to be furnished with the required information for making your bank transfer (note there is a 1.95% fee).
Funding an Entropay wallet via debit or credit card transaction is even simpler. Once you’ve reached the ‘Add Money’ section of your account, you need simply choose the card payment option and then fill in details as you would for any online card payment.
How To Fun A Betting Account With Entropay
Once you’ve got an Entropay account and funded your Entropay wallet, you will be able to use your Entropay virtual Visa card to deposit to a betting account. First, however, you need to find out what your Entropay card details are.
Those details can be found within the ‘Cards’ section of your Entropay account. The ones you need for depositing to a betting account will be the card number, CVV code and expiry date. When you’ve made a note of those, you can head to your chosen betting site.
Note: if you haven’t done so already you’ll need to create a virtual card to get the details you need. Do this in the my account section by clicking
When logged in to the betting account you wish to fund, head to the ‘Deposit’ section and choose Entropay as your desired payment method. You can then make your deposit in exactly the same way as depositing via a credit or debit card, by entering the Entropay card details which you’ve just noted down.
Why Choose Entropay?
Bookmakers who offer Entropay as a deposit method don’t generally charge any fees on Entropay deposits. A number of aspects of using Entropay itself, including creating an account and actually using a virtual Entropay Visa card, are also free of any fees. Topping up an Entropay wallet via credit card, debit card or bank transfer does, however, incur a small 1% charge. Withdrawing from Entropay to a bank account is also subject to a fee of somewhere between £1.49 and £7.99.
Arguably the main draw of Entropay as a deposit method is that it prevents you from having to share your card or bank account details with the betting sites you use. Instead, you need only provide those details to Entropay and then have a virtual Visa card to use with the betting sites.
Linked to the above benefit of using Entropay as a deposit method, is the fact that the payment service boasts impressive cyber-security measures. Those include the use of high level 128 bit encryption in order to keep your financial information safe and your transactions secure.
Just like using a real Visa or other payment card, using an Entropay virtual card leads your chosen funds to be added to your betting account almost instantaneously. Withdrawals to Entropay, too, typically only take the same amount of time to process as those to real credit and debit cards.
Using Entropay allows punters to better budget and keep track of their expenditure on online betting. What’s more, the service also allows users to set individual limits for different Entropay virtual Visa cards, so as to give them better control over their spending.
Many punters don’t like the names of betting sites or bookmakers to appear on their bank statements, and using Entropay avoids that from happening. Neither you’re bank account nor any linked cards, after all, have any interaction with betting sites; they’re simply used to fund an Entropay wallet.
Who Are Entropay & Can They Be Trusted?
Entropay is an online prepaid card payment service which is owned and operated by a company called Ixaris Systems Ltd. When Entropay first launched back in 2003 it was the first virtual prepaid card payment service to be offered to customers within Europe. As such, Entropay are the best-established and longest-lived prepaid card services around.
To ensure that the service operates above board and that users are treated properly, Ixaris – and by extension Entropay – are fully regulated and authorised by the Financial Conduct Authority (FCA) in the UK. The virtual Visa cards provided by Entropay, meanwhile, are issued and guaranteed by the Bank of Valletta in Malta, pursuant to a licence from Visa Europe.
It was in the year 2000 that Ixaris Systems Ltd first identified the need for an electronic payment solution for customers worldwide.
To satisfy the need they had identified, Ixaris launched Entropay in concert with Visa. It was the first virtual prepaid card payment service to be made available in Europe.
Ixaris added a number of other elements and features to their Entropay service. These included local bank transfer options in over 40 countries and physical cards for use with ATMs and at point of sale.
Today Entropay cards can be used to shop online anywhere that Visa is accepted, in over 120 different countries around the world.