Is it possible to bet in casinos with Revolut?
We well know that the more options of payment methods a casino makes available to its players, the more preference in the market increases.
Increasingly, new payment options emerge, and banks, casinos and institutions are always looking to join the new methods. Since its launch in 2014, Revolut has earned a reputation as one of the best digital banking alternatives in the world.
Its success is due to the fact that Revolut is aimed at customers seeking a level of comfort and simplicity that traditional banks do not always offer. In this article, we will understand more about how the Revolut method works, and whether they are to accept also in casinos...
What is the Revolut method?
Revolut is a prepaid debit card (which can contain the flags MasterCard or AIM ) which supports currency exchange, cryptocurrency exchange and peer-to-peer payments.
Customers can make fast and secure transfers to bank accounts in different countries and use the real exchange rate to save money. They can also buy and exchange Bitcoin, Ether and other cryptocurrencies, receive or send money in one click (via the Revolut app on mobile) and make various online purchases.
It is currently an accepted money transfer method in more than 130 countries. The Revolut method is widely used by those who travel a lot, since the application works with top up and allows, later, the instant and free conversion of one currency to another, between up to 24 different currencies, with the real rate of that moment, without fees or additions.
If you often bet on sports, Play poker or any other casino game, you may have wondered when Revolut will become one of the possible deposit and withdrawal methods...
How to use Revolut
The Revolut app is currently available for download on Android and Apple (iOS) devices. After creating their account and confirming their identity, customers can credit their balance with a credit or debit card to make purchases or transfers (as well as other electronic wallets). However, one of Revolut's best assets is the Revolut Card -a multi-currency card accepted by all merchants that accept MasterCard or Visa. This card automatically converts the available balance into the local currency, making it ideal for travel as anywhere in the world, there will be a fee deducted when withdrawing from any distributor.
Do Casinos in New Zealand accept Revolut?
A major obstacle to Revolut's gambling at the moment is the fact that Revolut does not support certain merchants in the betting and gambling industries. In fact, Revolut's help section clearly states that they are currently unable to offer services to gambling companies. This means you probably won't be able to make Revolut prepaid deposits at casinos.
However, when it comes to depositing with Revolut VISA or Mastercard, we assume that this will indeed be possible, but that withdrawals above a certain amount will be subject to verification of players ' documents.
What are the future prospects for the use of Revolut in casinos?
Despite its huge success, especially at dollarpa, Revolut is still in its infancy. And since the online gambling industry is perhaps one of the strictest in terms of controls and security, it is understandable that Revolut is cautious and takes a while before investing in the online casino and betting sector.
It is important to keep in mind that gambling regulations are becoming stricter and online operators often have their own anti-fraud services to prevent illegal gambling or money laundering.
But there is no doubt that the growing popularity of Revolut around the world is quickly leading to widespread use of the card and account in all establishments and methods of purchase and transfer.
For our part, we will certainly be attentive to the opportunity to play with Revolut, so we can be the first to inform our readers about casinos that are accepting this efficient payment option.
In the meantime, if you're looking for a smoother and more transparent way to deposit and withdraw money at the online casino, check out our articles on the Paypal method , Bitcoin , and also the Paysafecard method , where we explain which online casinos are currently accepting these payment methods!