Most Popular eWallets
Putting it in simple terms, eWallets, which are also known as electronic wallet, are online versions of physical banks, the only difference being that funds stored in eWallets do not earn interest. In such a case, one might wonder why anybody would want to use eWallets. eWallets enable players to fund their online gaming accounts in peace and security; moreover, players can withdraw winnings from their online gaming accounts and transfer them to their eWallet accounts. The most wonderful thing about eWallets is that they serve as excellent deposit as well as withdrawal options at online gaming sites, which makes them ideal for players who are unable to use their credit/debit cards to deposit funds and withdraw winnings.
There are a number of excellent eWallet solutions for online gamblers to choose from, and some of the best eWallets are Click and Buy, ECOcard, Skrill, WebMoney, Entropay, Neteller, and PayPal. Here is a brief introduction to some of these popular eWallets.
One of the most unique features of Click2Pay is that customers do not need to fund their Click2Pay accounts. They only have to associate their Click2Pay accounts with their bank account or their credit/debit cards and they are ready to make payments. They do not even have to reveal their personal financial information to the merchant site, including online gaming sites.
One of the most disappointing features of Click2Pay is that it conducts a credit check on its customers, so it can be used only by credit card holders.
Entropay
Entropay accepts funds in US dollars, Pounds, and Euros and enables online shoppers to fund their Entropay accounts using credit or debit cards. Since customers do not have to reveal their financial information to merchant sites, they can rest assured that the transactions are 100 percent secure. On the downside, Entropay does not offer its services to US players and charges fees both for deposits and withdrawals. Players can use Entropay in peace because it is certified by the UK-based Financial Services Authority (FSA).
Neteller
Neteller, which can be accessed at www.neteller.com, is another popular eWallet. The hottest features of Neteller are that it is user friendly, reliable, secure, and offers rewards for loyalty. However, Neteller does not offer its services to US citizens and charges high fees for the use of its prepaid ATM card.
Casino players can open a Neteller account free of charge and use a number of methods such as credit/debit cards, bank deposits, InstaCash, and EFT to fund their Neteller accounts. Neteller offers a number of user options such as express accounts and extended accounts, but its best feature is its rewards system.
