Online casino payment methods are growing in their numbers and with this is the continued competition, as different service providers try to outshine the others. eKonto may not resonate with your as the likes of VISA and MasterCard would but you tend to take notice after discovering the input it makes in the online payment system.
eKonto is a banking service that was developed by Raiffeisen Bank, one of the leading Australian financial institutions. The idea behind the launch was to boost online transactions in the Czech Republic. For over a decade after it was launched in 2008, the online payment system has lived up to expectations, as it has been the brain behind thousands of online payments in Czech, including the funding of online casino accounts.
By having an eKonto account, users are allowed to enjoy other banking services, such as mobile banking, Internet banking, and the use of debit cards, including MasterCard and VISA. Hence, online casino players have the assurance of immediate funding of their accounts without paying huge transaction fees.
Although the Australian-based Raiffeisen Bank launched eKonto, it was designed to cater to the online banking needs of Czech-based users.
It is easy to create an account but it must be noted that the online sign-up process is not supported, at least for now. Therefore, interested users can visit any of the 300 branches of the Raiffeisen Bank in the Czech Republic to open an eKonto account. Upon successful registration, you would get different security keys, which empower you to gain access to other payment features offered by eKonto.
You also need to choose from three payment options, including “Over the Internet”, “Direct Banking”, and “Debit Payment Cards”.
Before considering the use of eKonto in an online casino, you need to ensure that the account creation or sign up process was completed. If so, you would need to log into your online casino account or create one if you haven’t.
The next step is to locate the cashier or deposit page. You would see a variety of payment options. Scroll through the list, locate, and select eKonto as your preferred deposit option. After that, you need to follow the redirected window to gain access to your eKonto account. Once the website opens, enter your details, such as username and password to log into your account.
Enter the amount you wish to deposit and fill the pre-deposit form. Go through the details once more to be sure that they are correct. Follow the on-screen prompts to complete the deposit. The funds would reflect in your online casino account in a few minutes after your banking account has been debited.
It is important to note that eKonto offers VISA and MasterCard debit cards that can be used for the deposits. The process of using these is similar to the traditional method of funding an online casino account using debit cards.
You need to choose a different withdrawal method because eKonto doesn’t support online casino withdrawals. A good withdrawal option you may want to try is the standard bank wire transfer that takes about five (5) business days to complete.
eKonto is the average online casino player’s choice, especially when the casino supports the payment method. The reason behind the adoption includes instant deposits and anonymity. Use the above hints to fund your online casino account using eKonto.
eKonto is not available as a withdrawal option at any online casinos.