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OKPAY has been in operation since , and is focused on electronic commerce from its inception. It also deals with financial software, and product marketing and sales over the internet.
Users must first fund their e-wallet to use it. OKPAY allows a variety of deposit methods including bank transfer, deposits using electronic currencies, phone payments, and other money transfer systems.
If the user would like to deposit using a bank account, then there may be a verification process involved in setting up the OKPAY account.
Each e-wallet also has its own banking details so that it can be used for general wire transfers even where certain merchants do not specifically accept OKPAY payments.
Users can even separate wallets so they have a different set of funds for each potential use. Once the account is funded, the user should visit the cashier page at their desired online casino.
Enter the amount to be deposited and enter the OKPAY account information to show where the payment should originate. Most online casinos will either offer or require the OKPAY account to be directly connected to the online casino.
Transactions do require a transaction fee, but it is relatively low—only 0. OKPAY transfers are non-refundable. OKPAY can be funded in a variety of methods, and transfers occur instantly.
In addition, users can pay and track their payments in virtually any currency that they would like. Although there are transaction fees, they are very low.
OKPAY also allows users to withdraw from the e-wallet to their bank. It also has an advanced secured system that insures that every transaction is protected.
It is also a great way for users to track their spending. Having multiple wallets and being able to have wallets that are not connected to a bank account will likely help online gamers and gamblers keep their gaming or gambling funds separate from their regular bank account.
Simply find this listed among the available cash out choices, pick it, and let the casino know how much you want to withdraw.
The biggest advantage to using OKPay is the sheer variety of payment options it can support. Throw in the fact that this system works in over countries and provides secure payments to players around the world, and you have the makings of an excellent processor.
It even works in the United States, which is rare these days in the iGaming industry. The one downside is that despite all of this flexibility, this has yet to be widely accepted as a banking option at a lot of online gambling sites.
Yes, a registration is required in order to use this product for any type of transaction, either in the iGaming world or otherwise. OKPay can be used in over countries around the world.
That includes the United States, where this gateway can be used for gambling payments. Yes, this is an option that can also be used for cashing out winnings from a casino.
Once the money is back in your e-wallet, you can then withdraw your funds in a variety of different ways.
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