Pros and Cons of using American Express at Online Casinos in India
Pro and Con
- Very fast deposits
- Encryption-backed security system
- Enticing customer rewards
- Good credit limit
- Annual fees could be a little expensive
- American Express cards are not widely accepted
How to Make a Payment With American Express Online
Making a payment with the American Express card on gambling sites is not very different from making a normal payment. This is a very common doubt even among people who have had their American Express cards for a very long time. Here is a step-by-step way of making payments with American Express cards:
- Step 1: You have to find a casino which accepts payments made with the use of your American Express card. We have compared a lot of operators to give you the best casino deposit.
- Step 2: Check the bonuses that are being offered by the online casino that accepts AMEX and then create your account in the casino. Complete the identity verification process required by the operator.
- Step 3: Choose the payment option, select the American Express deposit option and click on pay to enter the payment landing page. Now, you have to choose the amount of your deposit. Choose the amount and then enter your card details and wait for the next landing page.
- Step 4: Enter the OTP and done. You have made your payment, and you are ready to gamble.
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The Average Waiting Time for Deposits and Payouts
The time taken by your transaction to occur is not solely dependent on your payment operator. It also depends upon the time taken by the casino site to reflect payment too. Deposits are generally quite fast and will be reflected on your gambling operator account instantly or within 24hrs. However, when we start talking about withdrawal with your American Express or AMEX card, the situation is different. Not all casinos would allow you to use withdrawal.
Generally, credit cards such as your AMEX card takes about 2-5 working days for their withdrawal to occur from the gambling site. Their amazing customer support also increases the entire appeal of Amex cards to punters. In case of any questions about the delays in your payments, first check with the casino’s customer support then you can call the AMEX support to get your problem solved.
Verification Requirements – What is the Criteria?
The reason for installing a long list of verification details to be filled by the user is understandable. Your payment operator just wants to ensure the authenticity of the application submitted to them. Since it involves the use of real money, that’s another reason why these checks and balances are in place.
Here is the list of requirements that you are going to need to meet for verification when you are applying for an online casino American express deposit India service:
- In order to obtain an AMEX card online to make a casino deposit, there are a few steps involved. The first step is the registration and verification process of the AMEX card service.
- The verification step will require you to have the personal information ready: Your name, Email Address, Mobile Number and Date of your birth. After successfully filling in these details, click next.
- The next step requires you to present them with your PAN number, Annual Net income and residence information. After filling them, press save and continue.
- Now it’s time for KYC. So, you need to present your KYC documents such as Employer’s details, Educational qualifications, Aadhar number and Nationality.
- The last step involves the bank checking your credentials. You have to wait till they decide your eligibility.
The History of American Express
The American Express we all know and love for the financial services that they provide actually started as an express leading courier service in the year of 1850. It was not until the year 1882 that they expanded into the financial sector. Through the late 1880s, American express executives travelled all around Europe in search of creditworthy customers who would like to try out their services. They enticed customers by providing them with an exciting travel offer.
The problem that the 80s version of American Express tackled is reduced significantly by the whole credit score system. Earlier, they were on edge by losing money because of fraudulent behaviour of their customers. Travel check was the way that they dominated the scene back in the 80s. It was not until 1950 and 60s that they shifted to the card business. The rest is history because as of today, American Express or AMEX stands tall as a massive corporation.
With over 30 billion dollars in revenue annually which is singlehandedly dominated by the share of their card business. American Express accounts for over a quarter of all the card transactions that are made in the United States of America. There are quite a few casinos that have made their names by using American Express as their preferred card payment option.
Our Comparison Against Other Payment Providers
Services like e-Wallets have grown significantly and have enticed a lot of punters and gamblers. These casinos take the edge over these e-Wallets in terms of security, safety and overall ease of usage. Also, when you are looking for any new payment operator’s security and safety of your payments should be your primary concern since you are using your own hard-earned money.
Another aspect to keep in mind is that American Express also has amazing customer service. Their implementation of 24×7 customer service hotline has made many punters happy. An online casino that accepts American Express deposits takes no time to place your deposits. The only shortcoming that American Express cards will have is their relatively absurd annual fees structure. It is better to keep these things in mind before choosing your payment operator.
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How Safe is Your Money When using AMEX
When you are looking for a new payment method, there are several things that you should keep in mind. The most important thing that a good operator should have in order to distinguish themselves from the competition is the security of payments that they offer.
AMEX has a strong set of security features present on the very card itself like the unique 3-digit CVV without which the payments will not be able to happen, making them a popular payment mode for gambling sites. Other measures like 128bit SSL secure channel of payments just increases the overall security of the payments made by making use of your Amex card. Amex cards have increased the online safety of their clientele by introducing a feature known as SafeKey. It essentially works by ensuring that the person who is making the purchase is the cardholder or not. This feature will reduce frauds to a great extent.
American Express FAQs
When it comes to online casino American express deposit India you might have certain concerns in your mind. Here are the answers to the most frequently asked questions regarding using AMEX for online casinos in India:
Do I need to use the same deposit and withdrawal method?
It is not necessary or mandatory to use the same method for your deposits and withdrawals when gambling at an online casino. You can have two different ways from which you make your deposits and take back the money you have earned. But all the casinos and operators prefer that you have your deposit as well as your withdrawal methods as the same.
Why does an operator block my account?
You might get your account blocked by an operator for any one of multiple reasons. Failure in proving your identity and that you are above the age of eighteen is one of them. The other reason is that when you abuse the free bonuses which are offered by the casinos and sportsbooks. They have systematic checks and balances in place to avoid punter from misusing the rewards that they offer.
Can I get an AMEX bonus?
All the bonus which are offered generally depends upon the operator that you have chosen. Although when you want casino deposit, you also are applicable to have specific bonuses which the casino site tends to offer. You can also secure extra bonuses from finding the operator that has offers on payments made by Amex cards.
What should I look into when I am deciding on a specific payment provider?
When you are making any sort of payment, you are using your own hard-earned money into those transactions. Our expert panel suggests you to first look into the security features that your payment provider has looking into the certifications it holds. Having certification and licensing from the top authorities will ensure that you have a trouble-free gambling experience.
Are there restrictions on any payment methods?
The restrictions which are imposed on you while making your payments are operator specific. If you choose a payment method like a credit card, debit card, Visa, Mastercard, Paysafecard and Entropay etc, then you will be faced with a credit limit. You should keep these things in mind before choosing your payment operator.
Important! Follow These Steps for Safe Online Gambling
When you are using the money, there are certain things you need to ensure in order not to lose your money. These things are highly influential in your betting careers. Our experts have conducted their research with regards to the initial steps that people must take to keep your money safe, and these are the things that they have found:
- You have to start using comparison sites like GambingGuy. The sheer amount of options that are available for you to choose can be baffling to go through without any help. Comparison sites help you by listing out the perks and demerits of every operator in a listed format. This would help you to get the most amount of information in a very easy to comprehend format.
- You have to examine the verification process of the payment operator. Most of the excellent payment operators will have a rather exhaustive yet not very time-consuming verification process. It is necessary not to waste time on the obnoxiously long verification process.
- Security of the money that you are putting on the line should be your prime reason for concern. This step could be quickly taken care of by looking at the certificates that these operators have. Any good operator will have a license and certification from any top authority. Ensuring this essentially means ensuring that your money is safe.
- Keep in mind that not all payment operators are accepted by all the casinos online. Make sure that your casino has the option of making your payments through the online casino before using your casino deposit.
- You have to also keep an eye out for any and every bonus and rewards you can get your hands on. These offers can be provided by both the payment operator of your choice and the casino operator of your choice. Offers can also be bundled as loyalty programs which are very enticing for any punter. Offers can also come in terms of free bets or free spins depending upon the sportsbook or the casino in question. Our experts also suggest never to misuse or abuse these offers that you get. Doing so may get your account banned.
How to Find the Right Operator For You
Operators are the foundation of your online gambling career. Our experts have seen many good punters fail because they chose the wrong operator. This is the reason that our experts have formulated a comparison through which we can help you to choose the right operator for your betting preferences. When you are considering an operator to bet with, you should keep the following aspects in mind:
- Certificates: If the operator that you have chosen has certifications from all the top authority then it is almost but guaranteed that you are dealing with a legitimate casino operator business. It also helps if they are licensed by official gaming and gambling control organizations. This boosts their credentials even further to prove their legitimacy of doing business.
- Security: This is our expert’s prime concern whenever they give out a suggestion on the operators. Operators should have proper encryption technologies and anti-fraud tools to keep information secure. This makes ensuring the security of your payments that much more important.
- Software providers for the casino: Ensuring that the games you are playing are developed by the top gaming providers will ensure two things. First thing is that you will have more fair odds at winning the game. These third-party software makers have a tendency of tweaking odds in the favour of the casino. So, ensure that the software provider for your casino also is certified and licensed.
- Payment Process: Gambling is essentially money exchanging hands. Since the game of gambling revolves highly around money it is imperative to have a secure payment process. Any good operator would have support for many payment options, easy to use interface and lots of player based bonuses.
Gambling online involves multiple components; you need to have a proper operator chosen and also a suitable payment method decided from methods like Ecocard, Citadel, Payforit, Neteller, Ideal, Bank Wire, Paynearme and ecoPayz, etc. Whether you are an experienced punter or a beginner, regardless it is important to bet with a suitable operator so that you and your personal data is safe and secure. Once you have found both a desirable online operator and payment provider you can explore the vast variety of gambling options that are now available online. Remember, always read the terms and conditions of every operator because they might have something still hidden in their fine print.
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Conclusion – Our Experts Closing Note
AMEX Online Casinos are very safe and popular options among punters. That being said casino deposit is still a credit card service and all the restrictions of a credit card also apply to your American Express credit card. Keeping that in mind you can rest easy about the security of American Express cards. They have a lot of measures in check to avoid card duplication and other online frauds. The speed of an online casino American express deposit India is also breakneck; this is another reason why punting with your American Express card is a fun and wholesome gambling experience.
When deciding to try out the alluring world of online gambling, there will be a plethora of options available for you. Gambling Guy provides you with unbiased and comprehensive reviews and comparisons so that you can choose the best operator. In addition, Gambling Guy offers extensive betting guides, tips and strategies, to hone your betting skills.
