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The online casino industry hasn’t been too accommodating for those who don’t have a bank account or who wish not to use one, as even e-wallets need some kind of a bank account or bank card connection. Venus Point is a Japanese payment method that has attempted to solve this by offering users a new way to make casino deposits and withdrawals.
$1.80 per $900; or 2.9 points per 900 points
Venus Point Casinos List
How Venus Point Works
Venus Point is a Japanese payment service that offers its users a chance to make payments online without a bank account or debit card. It is unique in its way of operating as it eliminates the need for a bank account and instead allows casino players to fund their gambling with cash. It is an ideal payment method to use in both Japan and the rest of Asia, and one you shouldn’t miss.
If you have been struggling to find a payment method that works for you, if you would prefer not to involve your bank or if perhaps you don’t own a bank account, then Venus Point makes it possible to gamble also without one.
The concept is based on purchasing points through a vendor, and these points can then be used to make payments on the internet. You don’t need to have any type of bank card and you can purchase your points using cash or the payment method of your choice.
The payment method uses a point system where the player purchases points that are then converted into real, online currency, but that’s not all! You also get bonus points on your transactions, which means you essentially get rewarded for every casino deposit you make.
The default currency setting is US dollars, and if this is what you have your Venus Point account set to, then you get 1 USD per point, which quickly builds up to a nice bonus you can use to gamble or when purchasing from another vendor.
Transactions with Venus Point
The payment service is easy to use, both in Japan and in other parts of Asia where it is available, and you can forget about the hassle of complicated transactions when you’re opting to use Venus Point. See the instructions for deposits and withdrawals below.
It is surprisingly easy to make both deposits and withdrawals with Venus Point, and especially if you have already topped up your account before your deposit. When withdrawing, you can either keep your cash in your Venus Point wallet to use for future casino transactions or online purchases, or use one of the available withdrawal options.
Deposits with Venus Point can be made in 4 simple steps. Of course, you do need to make sure you’ve found a casino that has Venus Point as one of its payment methods, but that is something our toplist can help you with.
Some payment methods only allow you to make deposits, but with Venus Point, you can use the same payment method for both. Don’t forget that most casinos require you to make your deposits and withdrawals with the same payment method, meaning you will unavoidably have to withdraw with Venus Point if that’s how you made your first transaction.
These are the steps you need to take to make a withdrawal.
Venus Point Bonus
Worried you might not get a casino bonus with Venus Point? It is understandable, considering how normal it is to see that Neteller and Skrill users are excluded from certain bonus offers — but luckily, it isn’t the case with Venus Point. Those who use Venus Point for their casino transactions can usually claim a bonus just like anyone else.
Some online casinos may have stricter rules and limit their bonus offers to those using a certain payment method, but in our research for this article, we didn’t see any indicators of Venus Point payments preventing you from getting bonus offers.
Safety of Venus Point
Security is on everyone’s mind when trying a new payment method, but Venus Point is actually a very secure platform! It uses sophisticated encryption software, payment gateways and terms and conditions that benefit the user, and funds are cleverly stored across multiple banks to ensure maximum security.
Venus Point is also very selective with the casinos they choose to collaborate with, and it is usually a very good sign when you see Venus Point in the list of payment methods on a site. You have nothing to worry about when it comes to safety, and it is surprisingly secure considering how new this payment platform is.
Venus Point Pros & Cons
Let’s have a closer look at what you can expect from Venus Point and what you need to be aware of. There are always going to be good things and less good things when you look into a casino payment method, but these can help you decide if Venus Point is the transaction method you are looking for.
The main disadvantage is that Venus Point is still unknown in many parts of the world, and only a handful of online casinos are now offering it to their players. Moreover, its timeframes remain vague at best. On the upside, however, is its rapid climb in popularity, and it looks like it will soon become available in more places.
Venus Point Alternative Payment Methods
We weren’t kidding when we said that Venus Point is one-of-a-kind in many aspects, and finding a service that works the same can be hard. However, there are plenty of other payment options for those who would rather go with a more traditional e-wallet, bank card or other contactless payment forms.
Here are some other ways to pay at online casino sites:
The most popular e-wallets in the casino industry are likely Skrill and Neteller, but there are many more out there if you are looking for something different. A handful of carefully selected casinos accept Paypal, and you can also find contactless payment services like Apple Pay and Google Pay depending on your phone’s operating system.
Venus Points has a few things in common with e-wallets, where you use points to add money to a type of wallet which can then be used for casino payments. If you want something similar but not exactly the same, an e-wallet is the way to go. However, most e-wallets need to be linked to a bank account.
Using prepaid cards to make deposits and withdrawals at an online casino could also work well for someone who doesn’t have or doesn’t want to use anything connected to a bank account. You can pick up prepaid Mastercards and Paysafecards at local shops and grocery stores, top it up with cash and start using it.
If what you are interested in is avoiding bank accounts or any cards connected to a bank account, and if you want to be able to pay in cash, then a prepaid card is probably your best alternative if Venus Point doesn’t feel like the right option.
Using cryptocurrencies like Bitcoin, Litecoin and Ethereum isn’t for everyone, as it requires some understanding of how these digital currencies work, but if you are already a crypto user then perhaps it could be a good alternative! Cryptocurrency is usually purchased with regular (flat) currency and a bank card or another payment method, but here you get anonymity when you make your casino transfers.
For those who prefer not to use a bank account for this reason, and wish to keep their gambling away from bank institutions and their prying eyes, then cryptocurrency might be an option worth looking into.
There are many payment methods out there that are very similar or that cater to the same types of players, and in that sense, Venus Point is like a breath of fresh air! It targets a forgotten market in the casino industry, which consists of people who can’t or won’t use bank accounts or debit/credit cards to fund their casino gambling habits.
Not only does this make online gambling available to more people in Asia and around the world, but it also gives players more options to choose what feels right for them.
On top of that, Venus Point is a thought-through concept that is secure to use and that awards extra points to its users, and it is an ideal option for those who want to fund their gambling with cash.
Venus Point is not one of the most common payment methods at online casinos, and this means you might struggle to find it at some gambling sites. Have a look at our list of top Venus Point casinos to save some time and effort, and hopefully we will see this transaction option at more casinos in the future.
Transaction fees can vary depending on your chosen currency, fees applied by the casino and more, and we encourage you to do additional research. In general, the fees associated with Venus Point tend to be low.
The new payment concept offered by Venus Point has been deemed safe and reliable by third-party companies, and it uses all necessary security measures to keep you and your casino investments safe.
It comes down to what you need as a casino player, and to your preference, but Venus Point is a superior option for those who prefer to make payments without the need to have (or use) a bank account or bank card.
Yes, Venus Point is a Japanese payment method that has become popular all over Asia, and it is now available at many casino sites in these regions. It is, however, not as popular in other parts of the world, which is something worth being aware of.
Yes. Venus Point is similar to an e-wallet as you can store money in your Venus Point account, and the biggest difference is that you can make your transactions with cash to top up your Venus Point account.
There is nothing preventing you from getting bonuses or from claiming bonus offers when you use Venus Point, but some casinos may have restrictions. The best thing to do is to check the terms and conditions at each casino before you make your first deposit.
The good news is that Venus Point can be used to make both casino deposits and withdrawals, unlike some other payment methods (such as Google Pay and Apple Pay) where only deposits are available.