Overview
The ePay payment method is an eWallet payment method that allows its users to receive and send money to and from different countries in the world. There are about 200 countries that allow the use of ePay around the world. This payment service method has its headquarters in Hong Kong and it was first established in the year 2014. It has however managed to expand its branches to other countries such as Europe, the United States, China, Samoa and the United Kingdom. Some of the e-wallets that are supported by ePay include FasaPay, AdvCash, Payeer and Perfect Money. Some of the currencies accepted by this payment include EUR, GBP, USD and JPY.
Why you should choose ePay over other Payment methods
There are quite a number of advantages of using the ePay method. Firstly, this payment method has a very unique feature that comes with a lot of ways through which you can withdraw and deposit funds with ePay Casinos. For this reason, you are thus not limited at all.
Also, whereas other payment processor methods only give you the option for using bank accounts and credit cards, ePay goes a step further to allow withdrawals and accepting deposits using cryptocurrencies such as Bitcoin as well as a range of e-wallets.
ePay also allows for customers to be able to send money and wire transfers to other users and ePay Casinos. Because of all these added advantages, the ePay payment method has always been more preferred in comparison with the other payment methods.
How to use the ePay payment service
The ePay method for online payments provides very comprehensive services for financial transactions such as online ePay Casino deposits and withdrawals, currency exchange as well as global remittances. It, therefore, offers a very good solution to online casino players who may want to play on ePay Casinos that are not necessarily in their own countries.
When you want to use this payment method, all you need to do is simply create a micro account with the company. Thereafter you can then fund the account using either a credit card or debit card. Funds will then have to be transferred from the micro account you have created, to your ePay Casinos account. The use of this payment method is very safe since it has put in place all the necessary measures to ensure its safe use.
Relevant Guide to setting up an ePay Account
For you to be able to enjoy all the services of using this payment method with ePay Casinos, you need to ensure that you have an account created. To successfully do this, you need to add your personal information to their website. Some of the required personal information includes a phone number, email address and a password.
You will input all the above mentioned personal information on the homepage. You just need to click on the ‘Sigh Up’ button and key them in. The site will then use a verification code that will be sent to your email address for security purposes. Additionally, you will be sent a code for Google Authentication.
What this means is that you will need to download the Goggle Authentication app if you do not have one already. The Google Authentication QR code will then be shown after the first registration, and you need to write it down somewhere.
Once the code is put in the app, you will be given another different code for entry into the website. Thereafter, you can now enter the PIN code you had received from the email. At this point, in time, your account will be ready. The procedure for setting up an account is quite thorough, to ensure utmost security.
ePay Casino Deposits and Withdrawals
Making deposits and withdrawals from the ePay payment method has been made possible using different wire money transfer methods including cryptocurrencies and e-wallets. It is however very important to note that for you to make wire transfers, you have to have your account verified by providing your accurate personal data to the ePay payment company.
You will be required to provide the following essential documents:
An ID card, driving licence or passport.
A bank statement, utility bill or any other document that can easily prove your home address.
After providing the above-mentioned documents, you are allowed to go ahead and carry out your deposits and withdrawals.
ePay System Fees
There are often no fees for sending and receiving money with the ePay system for global payments. However, there are some fees that you may have to incur while using the ePay online payment method. The two main fees involved are discussed below:
Deposit Fees
Some deposit options such as MoneyGram, FasaPay, WebMoney, OKPay, Western Union, and Payeer will all require you to pay a maximum fee of 1% and a 0.01 minimum single fee as well.
Withdrawal Fees
MoneyGram AND Western Union both have withdrawal fees of 1% and a $5 minimums single fee. The wire transfer fees are limited to about 1% with a single minimum fee of either 5 Euros, 5 Pounds or 5 Dollars. It is also important to note that the other withdrawal options such as OKPay, PayPal, Perfect Money, OBT and WebMoney all have varying fees applied to them.
Pros
Is highly secure due to the tight safety measures that have been put in place
Allows for the deposit and withdrawals of a wide range of e-wallets
Allows for easy trade and exchange of different cryptocurrencies
Payments are very fast hence is highly efficient
The e-wallet allows players to use a single source for handling different transactions for gaming at ePay Casinos
Cons
The minimum deposit for a wire transfer of funds into an account is quite high
Some transactions come with a fee attached to them, whereas others don’t. This makes it quite difficult for new players to orient and understand how the system operates