Subscribe to receive our newsletter. Get notified about new casinos and offers. Keep up to date with the latest news in the gaming world.

By subscribing you acknowledge you are over 18 years old and have accepted our privacy policy.

Gamblers-Anonymous-Logo.png
Gamcare-Logo.png
Gamstop-Logo.png
BegambleAware.jpg
Betblocker-tool.png

©2019 by SnazzySlots.co.uk

EWALLETS AND PREPAID MASTERCARDS EXPLAINED

Any avid casino fan would know that regular casino deposits and withdrawals can begin to make your bank statement look like a dogs breakfast. This is especially true when you seek to use your bank statement as a means to apply for new credit or finance on a new home.

 

Multiple deposits and withdrawals reflecting on your bank statement tends to deter credit providers as you are likely be seen as a 'risky' individual to borrow money to. In this article, we summarise the benefits and uses of prepaid ewallets from Neteller, Skrill and Ecopayz. 

 

HISTORY OF THE EWALLET AND PREPAID MASTERCARD

Ewallets offered by Neteller, Skrill and Ecopayz have been around for many years. The Ewallet allows seamless deposits and withdrawals to and from casinos. Ewallet payments are instant and payouts / withdrawals to Ewallets are in turn just as quick. Ewallets are generally preferred by casino players as they offer a Prepaid Mastercard which can be attached to the respective wallet.

HOW DO EWALLETS AND PREPAID CARDS WORK

An Ewallet is basically a virtual wallet managed by any of the aforementioned companies. It affords the user the abiility to store their funds online and use them through various channels. Those funds can be used to transfer to merchants or conduct purchases on the internet, in actual stores or withdraw cash at the ATM. Think of your wallet as your bank account and the prepaid mastercard as your bank card. The only difference is that the Ewallet / Mastercard is a prepaid service and you can only use or spend what you have.

BENEFITS OF AN EWALLET 

There are several benefits to signing up for an ewallet:

  • Receive Instant Withdrawals from Casinos

  • Withdraw Directly to your Bank Account

  • Shop Securely

  • Transfer Money Anywhere in the World

  • Use Multi Currency Accounts

  • Access your Funds from any Device Instantly

  • Use Funds to shop online without risking your personal information.

  • Make ATM Withdrawals

  • Generate and Use Virtual Credit Cards

  • ATM Cards are accepted at Internet Sites, Land based Stores and ATM's around the World.

In addition to the uses above, some programs like Neteller offer their users a VIP program based on their activity. You will earn points for transferring to and receiving funds from merchants. You can redeem those points for Cash or Items on offer in the Neteller Rewards program. The more you transact, the better your benefits. 

TRADE IN CRYPTO CURRENCIES

 

Neteller is considered to be the leader in ewallet technology. They have introduced a medium on which to trade (buy/sell) crypto currencies directly from your wallet. They currently offer trade in:

  • Stellar Lumens

  • Bitcoin Cash

  • XRP

  • EOS

  • Litecoin

  • Bitcoin

  • Ethereum Classic

  • Ethereum

  • ZRX

 

LIST OF RECOMMENDED EWALLETS AND PREPAID CARDS

 

We currently recommend three different ewallets. Neteller's Net+ Mastercard and Skrill's Mastercard are currently the most diverse and offer the most rewards and options. You can trade Crypto currencies using Neteller or Skrill and this gives them a bit of an edge over Ecopayz.

 

If Crypto trading is not your thing, Ecopayz offers an inbuilt multi currency wallet. You can add and remove currencies as you please. Which ever you choose, the wallets on offer are currently the best on the market for casino and sportsbook players.