Direct Debit is a simple, reliable and effective payment method, which allows for transfers to be made directly from one’s bank account to the account of a particular company. Many people tend to use it to pay their monthly bills via their online banking but in recent years, the method has become popular among casino players as well, as it allows for higher deposit limits, fewer expenses and quick management of funds to and from bank accounts.
How it works?
Direct Debit enables you to authorize your bank to pay fixed or variable amounts of money to different merchants, companies or in this case – web-based casino operators. The whole process is rather quick and painless – anyone can use Direct Debit, as long as they have a bank account and use their bank’s online banking service. In case you don’t have an online banking account, you can contact your bank and create one. You will be provided with a unique user ID to access your online banking.
You can give it a try for just $10 minimum deposit.
You can then transfer money from your own bank account to your favorite casino’s account via online banking. Of course, it’s possible to make the transaction by visiting your bank in person, but most people use the online banking option as it enables them to transfer funds from the comfort of their home. Payments via Direct Debit can be set up over the phone as well. Either way, you must provide your banking details (bank account number) and personal information (name and address). The transfer’s date and its amount must be specified as well. You decide how much money to deposit, as well as how frequently to do so.
Deposits and Withdrawals With Direct Debit
No wonder the number of casinos, accepting deposits and withdrawals with Direct Debit, grows continually. It not only saves players time and money, but is also quick and easy to use. To make a deposit with this method, players should simply visit a casino’s website and head for the Banking section, where they must select Direct Debit as their deposit method from the Cashier’s menu. The next step involves entering banking details and specifying the amount of money, to be transferred from your personal bank account to that of the casino. The transfer is instantaneous, so you can enjoy your favorite high-quality casino games right away.
Withdrawals from casino accounts can also be processed via Direct Debit. Your winnings will be transferred from the casino account to your own bank account. As soon as the transfer is complete, you can head to the nearest ATM to cash out the winnings via your debit/credit card. Naturally, if you feel like paying your bank a visit, you can withdraw the funds in person.
Fees depend on the bank you’re using as well as on the amount of money you’re transferring.
Direct Debit is recognized as one of the safest banking options for several reasons. First and foremost, your personal and financial details are not disclosed to any third parties as there is absolutely no need to open an account with other payment processors. Information regarding your bank account is shared only with your bank. The latter monitors all transactions to and from its clients’ bank accounts to ensure it is the account holders that have initiated the direct debits. You’re protected by your own bank, so to speak.
Errors are sometimes inevitable, even though with Direct Debit they occur on very rare occasions, if ever. Nevertheless, Direct Debit offers all customers a Guarantee. Everyone who uses this payment method is entitled to an immediate refund, in case money has been transferred from their bank account without their permission. You can cancel out a direct debit, you have set up, by contacting your bank online, in person or over the phone. In case any changes in the amount or date of the transfer are at hand, you’ll be sent a notification from your bank.
BetSoft Casinos With Direct Debit
BetSoft Gaming is recognized throughout the gaming industry as a renowned casino software developer. The praises it receives are well-deserved as games, developed by this software provider, stand out with state-of-the-art graphics, authentic sound effects and unmatched gameplay. The company has developed a vast range of online casino games to suit each individual player’s skill level and preferences. Their games range from various video slots to casino staples like poker, roulette, blackjack and even lotteries.
In 2012, BetSoft concentrated its efforts on the mobile gaming market – it developed the ToGo mobile slots, optimized for Android devices, Windows Phone and Apple’s iOS. Notable names from their mobile slot collection, include Greedy Goblins, Mr. Vegas and Rooks Revenge, among many others.
A number of established gambling operators are powered by BetSoft. If you’re looking for a memorable casino experience, you should consider creating an account at BetSoft-powered casinos, such as Guts, Bet365, Slots.lv and Mr. Green. All of them accept payments, conducted via Direct Debit and offer a wide range of high-quality casino games. You’ll surely find a game that suits your taste and bankroll size, as the aforementioned operators’ game collections include a great variety of virtual slots, as well as many traditional table games – roulette, craps, baccarat, poker, blackjack – you name it, they’ve got it.