Content:
- What is Rapid Transfer?
- Playing on casino sites that accept Rapid Transfer
- How to deposit money via Rapid Transfer
- How to cash out money back via Rapid Transfer
- Rapid Transfer casino fees and limits
- Is Rapid Transfer beneficial for online gambling?
- Use or not to use
One of the top trusted companies in the world, Skrill, developed a fast payment solution for online gambling and shopping — Rapid Transfer. This is an instant banking service that allows players to transfer money to casinos in no time. Fortunately, Rapid Transfer is available at most online casinos across the globe. So you will find it easy to join a casino that accepts Rapid Transfer by Skrill.
What is Rapid Transfer?
As we said, Rapid Transfer was designed by Skrill. It was launched in 2016 as an instant payment method. Initially, the service was available in 7 countries on the planet. But by 2022, Rapid Transfer has become available in 18+ European countries.
Rapid Transfer by Skrill performs direct bank transfers acting like a shield between online casinos and banks. This is why if you want to use Rapid Transfer, you will have to make sure that your bank is partnered with Skrill. By the way, more than 100 banks support Rapid Transfer.
Thanks to the partnership with banking institutions, Rapid Transfer users do not have to register a new account with the service. Plus, the transactions are protected at the highest level of security employed by banks such as SSL encryption and VeriSign.
Rapid Transfer keeps on collaborating with different media platforms, online stores, and casino sites. Therefore, more and more potential clients will use the service.
Playing on casino sites that accept Rapid Transfer
A lot of players across the world choose Rapid Transfer for their deposits for many reasons. And the key reason is that transfers are very quick. It takes an instant to deposit money and get started.
Rapid Transfer online casinos offer secure connections along with a payment service that is also highly protected. It means that no one can get your banking details when you use Rapid Transfer by Skrill because you don’t even have to create an account with it. Thanks to no account operation, transactions are made almost anonymously.
And in case your bank doesn’t support online gambling, you can still deposit money using your bank account via Rapid Transfer.
Online casinos that accept Skrill and its derivative service offer one of the best gaming experiences out there. They provide real money slots, table games, a lot of instant win titles, and live casino games with top presenters and dealers.
Thanks to the popularity of Rapid Transfer, more and more casino operators start to accept the service. So it’s almost impossible to sign up at a casino that doesn’t offer Rapid Transfer deposits.
How to deposit money via Rapid Transfer
Deposits made via Rapid Transfer are extremely fast. They are so efficient because you won’t have to create an additional account and you won’t need to undergo different ID checks, and so on. Here, we give the step-by-step instruction on how to use Rapid Transfer for online casino deposits:
- Choose your best online casino Rapid Transfer on this page. We share official links to the best casinos.
- Register and head to the banking page to make a deposit.
- Select Rapid Transfer from the menu of options.
- Enter how much money you want to deposit.
- Then, you’ll be prompted with the Rapid Transfer page where you need to pick your bank from the list.
- Log in to your online banking account and confirm the payment.
- Your funds will soon appear in your casino account.
That’s all! As you can see, you need to confirm the payment with your bank. So make sure your bank has an online banking website.
How to cash out money back via Rapid Transfer
When you decide to withdraw your casino winnings, there are even fewer steps than when making a deposit. Here’s another step-by-step guide:
- Log in to your favorite online casino Rapid Transfer with a real money balance.
- Go to the cashier page and select withdraw.
- Pick Rapid Transfer from the list of options.
- Enter the amount you wish to cash out.
- Enter the details of the online banking account required on the site.
- Authorize the payment and wait till the money comes.
We must mention that Rapid Transfer withdrawals are not as instant as deposits. Actually, withdrawals can take from 3 to 5 banking days to arrive. It is not as fast as you might expect. But if you’re going to use Rapid Transfer, you must be ready for slow withdrawals.
And don’t forget that many online casinos will allow you to use an alternative payment system for withdrawals. But before you decide to make a change, you need to consult your casino support manager.
Rapid Transfer casino fees and limits
Rapid Transfer itself does not charge users for anything. However, fees may come from online casinos or banks, especially when you try to cash out money. But it depends on the casino and your bank. Before you make a transfer, check out the information about the fees on your bank’s site and on the casino’s site terms and conditions.
As for limits, generally, Rapid Transfer users won’t experience any limits from the bank’s side. But there are maximum and minimum limits for Rapid Transfer deposits and withdrawals on casino sites. Normally, they do not range lower or higher than the limits of other payment systems. So the lowest deposit transaction you can process is usually €10 if otherwise is not mentioned in the casino. And the maximum withdrawal amount depends on the casino’s terms. But usually, it doesn’t exceed €4,000 per transaction.
Is Rapid Transfer beneficial for online gambling?
Rapid Transfer might be very helpful for some customers, while others will not be amazed by its work. Here we have a list of pros and cons of Rapid Transfer for online gaming.
Rapid Transfer pros
- Very quick deposit transfers
- No account required
- Secure
- Multiple currencies are supported
- Available in many countries
- No fees
Rapid Transfer cons
- Slow withdrawals
- Depending on the bank/casino, users may be charged
Use or not to use
Now, you might be doubting Rapid Transfer. Although it ensures secure and instant deposits, it offers slow withdrawals. But if it’s not the case for you, you should pick Rapid Transfer without a doubt. On the other hand, if you need to receive same-day payouts, then Rapid Transfer is not for you.
Once again, look through all pros and cons of the payment service and make the right decision.
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