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There are a handful of prepaid card providers in Asia, and the best of them let you make deposits at iWallet casinos in a comfortable and smooth way. iWallet has been around for a long time and has a solid reputation throughout Asia.
On this page, we dig deep into the payment method, analysing its security, speed of transactions and ease of use for Asian online gamblers. Keep reading to discover if this is about to become your favourite casino payment method.
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The Asian online gambling market is a leading force, with a billion dollars in annual revenue and a devout player base to boot. So, secure and speedy payment methods are always appreciated, and that’s exactly what you’ll get at iWallet casinos in Asia.
iWallet is a prepaid card you can use to fund your online casino account. Mostly focused in Asia (especially China, Japan and Malaysia), the company is based in Hong Kong and provides an easy to use casino payment method.
While the head office is based in Hong Kong, iWallet also has offices in the Philippines and London. This company’s policy is to keep fees to a minimum, which is good news for casino players.
iWallet casinos are especially favoured for their low-to-no fees and ease of use. The prepaid card boasts international branding, and you can use it at over a million ATMs the world over.
Opening an iWallet account is straightforward, and you don’t even need ID verification. Besides being able to change foreign currency on the iWallet site, you can fund your iWallet account with a range of currencies, including:
One of the greatest benefits of playing at iWallet casinos in Asia is anonymity. Any data you provide to your iWallet account remains anonymous and is never stored.
Opening your iWallet account takes just a couple of minutes. You’ll need to answer a few questions and enter your credit card or bank account details. Then, you can load up your card with as little as $10, or as much as your credit card or bank account allows.
Let’s break down the registration process to make it even easier for you.
See how easy it is? Once your verification is complete, you can fund your account and get started at the best iWallet casinos at your fingertips.
Good news for casino players – iWallet does not impose processing fees. All expenses are paid by the casino. The only fees you may incur are those connected to currency exchanges. iWallet takes a minimal cut. But if iWallet casinos accept your native currency, this won’t be a problem.
Take note, if you decide to close your iWallet account, you’ll need to pay a small $5 fee. Other than that, everything else is free.
iWallet does a good job of keeping its processing activities running smoothly. Deposits into your iWallet account and from iWallet to your casino account are instant.
As for withdrawals from iWallet casinos to your account, you can expect to wait around 2 – 3 business days, depending on the payment method you choose. Since iWallet is a prepaid card, it’s not possible to withdraw winnings with this option. Remember, that each casino has its own processing time and minimum and maximum withdrawal caps. Check these out before you even sign up at a site.
As for budgeting to play at iWallet casinos, we always advise that you play responsibly and with no more than you can comfortably afford to lose. On the bright side, most iWallet casinos in Asia don’t fall into a high roller category. The common minimum deposit at these sites is the industry average of $10, while the average maximum deposit amount is around $5,000.
How to Make iWallet Casino Deposits
Unfortunately, you cannot withdraw with iWallet, so you’ll need to pick another payment option, such as Skrill, Neteller or PayPal.
Bank transfer is usually free, but e-wallets tend to incur small transaction fees. Regardless of the withdrawal method you choose, most iWallet casinos in Asia will ask you to complete a verification process as a way of safeguarding your funds and preventing fraud.
Choose a casino from the top list on this page.
Complete the registration process, verify your account and log in.
Go to the casino’s cashier section and choose iWallet as your preferred payment method.
Enter your iWallet details and the amount you wish to deposit.
Complete the transaction. The funds will reflect in your casino account immediately.
Yes, not only is this a secure payment method, but the iWallet casinos we recommend use top-class security technology, too.
Not yet, but you’ll find plenty of Asian-focused online casinos that accept iWallet as a deposit method.
It depends on the casinos, but you can fund your iWallet account for as little as $10.
This also depends on the iWallet casinos, which usually allow you to deposit up to $5,000 at a time.
No, this prepaid card is free to use and there are no deposit fees involved.
Depositing from iWallet to your casino account is instant, so you can start playing immediately.
It depends where you live, but iWallet casinos are typically accessible in most Asian countries.
Yes, the prepaid card app is effortless, making funding your mobile casino account a breeze.
With so many first-class online casinos open to Asian players, it’s a little wonder each platform vies for your business with well-thought-out, generous bonuses and a range of regular and revolving promotions. That’s good news for you since iWallet casinos do allow you to claim bonuses with this payment method.
To claim a casino bonus, all you need to do is follow the steps we outlined to fund your iWallet account, create a casino account and fund it, and then grab the goods.
Whether the casino’s offering a welcome bonus or a match deposit or free spins, or both, iWallet users can take full advantage of these offers.
The most popular bonuses and promotions you’ll find at iWallet casinos include:
What’s more, all the best iWallet casinos have lucrative VIP programmes for loyal players. These schemes usually involve fulfilling certain conditions to get your hands on rewards like bigger bonuses, tangible prizes and higher withdrawal limits.
Before you claim any casino bonus, make sure you read the fine print. Pretty much any offer you come across has conditions attached involving the bonus’s validity period, game restrictions, restrictions of deposits and withdrawals and the all-important wagering requirements.
iWallet Safety Features
iWallet itself takes security seriously, going to lengths to ensure your personal and financial data is safely protected. The platform uses top-notch SSL encryption along with firewall technology to prevent unauthorised access or data theft.
On top of that, the iWallet Ltd servers are carefully chosen to ensure all security standards are met in terms of restricted access and the storage of information. The company is further obligated to comply with the procedures and rules of the financial government institutions that issue their licences.
When you play at iWallet casinos from our top list, you’re assured additional layers of security from the casino’s side in the form of encryption and firewall security technology.
iWallet is a transparent and approachable company, and to date, they offer support in Korean, English, Chinese and Japanese. If you run into any issues with your iWallet account, you can contact the company’s support team via the website’s contact form. The team promises to respond in 24 hours or less.
If you encounter any issues at iWallet casinos in terms of this payment method or claiming bonuses, we suggest contacting the casino’s support team, usually via live chat or email.
Pros And Cons
iWallet is a payment method that is gaining traction in Asia at great speed. It’s quickly proven to be one of the most convenient casino payment methods, too. So, let’s look at the pros and cons of this payment option.
Alternatives to iWallet
|No fees for depositing to online casinos. Deposits and withdrawals are instant. Crypto payments provided added security and anonymity.
|Skrill, Neteller and EcoPayz are available for both casino deposit and withdrawal methods. There are usually small transaction fees involved, and some e-wallets are not eligible for casino bonuses.
|Available for casino deposits and withdrawals, but with longer processing times and fees. You’ll need to give the casino your bank details.
|Widely accepted, but with hefty transaction fees and longer processing times.
Before you sign up at any online casino, make sure it accepts your preferred payment method, ideally for both deposits and withdrawals. As you can see from the table above, iWallet casinos are advantageous in terms of speedy transactions and no fees. As a prepaid card, it’s also the perfect way to keep tabs on your gambling budget without going overboard.
Overall, iWallet is a highly reputable gaming wallet, especially for players in Asia. If you’re looking to play a plethora of casino games or bet on sports, this might just be the payment option for you.
Since iWallet is a prepaid system, there’s no risk of your casino deposits being rejected and you can use your prepaid card across multiple retailers and at ATMs, not just for online gambling.
With no fees, fast transactions and anonymity when playing at online casinos, what’s not to like?