This type of real-time bank transfer enables the consumer to transfer payment to the merchants immediately using their online bank accounts. It was founded in 2007 in Finland by a private company and it is designed to make all banking transactions efficient, safe, and accessible.
It is proven safe because it is recognized by the Financial Supervisory Authority of Finland (FIN-FSA). Euteller has a Finnish License and an in-house Anti Money Laundering System (AML). The AML is software that stops and reports illegal monetary activities so it is used in the finance industries. Euteller is constantly audited by third-party watchdogs to ensure its dependability.
Online gambling is one of the trendiest forms of virtual entertainment at present hence a flexible and trustworthy payment scheme is necessary. Kasinohai is one of the most popular casino sites from Finland and they introduce Euteller kasinot in Finnish Language or Euteller Casinos as commonly known. Euteller casinos offer a convenient way of wagering directly from the casino site using one’s BankId. Did I pique your interest? Feel free to visit the site.
The reason why Euteller was created
One of the issues the consumers were facing before was the idea of using their debit and/or credit card number and account name online. Many became a victim of cyber theft and spammers because they have to reveal their personal identities online. Euteller online bank transfer serves as a medium between the merchant and the account holder to protect the latter. Its innovation became very popular and is now being used in the iGaming industry such as online casinos. Virtual gambling deals with money day in and day out so a dependable bank transfer such as Euteller is very essential.
These are the following banks affiliated by Euteller:
- Sampo Bank
- OP Bank
The banks mentioned are the only banks that accept and hold business with Eutelller. If you don’t have any of these banks then it is advised that you have to find other ways for monetary transactions.
How to use Euteller in Virtual Gambling?
The use of this banking transfer scheme is very useful to the online casino industry because it is efficient and very convenient to both the player and the operator. All major casino sites support Euteller for their online payments such as deposits and withdrawals.
How does it work?
Making a deposit in Euteller is very easy. To start with, one must have an account in any of the Finnish banks mentioned. Make a transfer of a particular amount from your affiliated bank to Euteller then navigate to the cashier section or the payment option then indicate the deposit amount then wait for the amount to appear on your casino account then press complete verification.
Withdrawals using Euteller casino can be fast so players can get the amount almost immediately and sometimes it takes an hour. To make a withdrawal simply look for the withdrawal section indicated at your online casino, choose Euteller as a withdrawal option, indicate the amount you wished to withdraw and it will be transferred to your bank account or an E-wallet available.
Both monetary transactions require a fee which is 1.95% which is quite low compared to other third-party payment options.
Pros of Euteller Casino
- Since this is a bank transfer option therefore the account holder is not required to give their identification and just need a BankId which is provided by their banks.
- Variety of Games
They offer a wide variety of games which includes video slots, and live games plus superb animation, graphics, and sound for a more pleasurable gaming experience.
- Irresistible bonuses and awesome Return to Player
Return to player benefit is not that easy to find in any online casinos but it can be experienced here at Euteller Casino plus loads of bonuses. Euteller casino offers 94% RTP.
Cons of Euteller Casino
- It is only available in Finland.
- IT does not support direct withdrawals.
Using Euteller can be the best payment scheme both for deposit or withdrawal. However, we have to consider the downside which is its availability of the location and the withdrawal option. It is advisable that one should discuss this matter with the customer representative.