Betting with Entropay
Entropay is a financial payment system which involves a prepaid virtual visa card or a prepaid plastic Mastercard. It is safe and efficient for use to make online purchases or deposits into betting accounts as well as to receive payments. Entropay was established in the UK in 2003 by Ixaris Systems and is authorised by the the Financial Services Authority which is also Payment Card Compliant.
Entropay offers a secure way to conduct transactions online. After registering with their system you would then apply for the virtual Visa card. Unlike with the regular card, you do not need to undergo a credit check, therefore a poor credit history will not affect you using the Entropay System. Once you have obtained the virtual card number and account you can top it up with a debit or credit card or from your personal bank account. Funds are uploaded instantly so that you can play and pay immediately at all participating betting sites.
With Entropay, the safety and security of your banking and card information is a serious concern. For this reason they use 128-bit encryption technology to protect your data when you log in or conduct transactions. Passwords are protected by military-level firewalls to which not even an Entropay employee has direct access. The company promises to not share your personal information with any third parties. It is always safer to use this method as the less you enter your personal and banking details online, the less likely it is for it to be manipulated or stolen.
There are no fees associated with opening an Entropay account, or to use it for withdrawals or deposits on betting sites. However for particular transactions charges will apply. There is a 4.95% fee for topping up your virtual Visa from your credit or debit card and a 1.95% charge for receiving money. There is a 3.95% fee applied to bank transfers and deposits into personal bank accounts will also attract a charge based on the amount to be sent. Other charges associated with Visa will also apply to your usage.
Holders of a virtual Visa can also apply and qualify for a plastic Mastercard which can be used to make payments to online bookmakers. This gives the extra advantage of being able to make transactions with physical stores or at ATMs. Mastercard fees and charges will also apply.
Entropay may cost users a little more than other payment options when dealing with online betting sites; but its users are guaranteed convenience and security.
Online Betting Sites That Accept Entropay
1) Bet365.com
2) Betway.com
You can find a detailed list of Entropay friendly online bookmakers in the following link: Online Betting Sites That Accept Entropay