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For any punter old or young with varying degrees of expertise, payment is an integral part of their gambling experience. The popularity of checks and its merger with this technological world gave birth to online casinos that accept eChecks. It is not difficult to decipher why the use of eChecks is becoming more prevalent these days.
Punters and operators both have realized the potential of using eChecks to make and receive their payments, resulting in many gambling sites that accept eCheck. At its very core, eCheck is very similar to its paper counterpart. The only difference that makes this an eCheck and not a regular check is the presence of the term ‘electronic’ in front of its name. This means you get all the features of your tests but instead of using paper eCheck uses an electronic format of it. Every process involving eCheck is digitalized.
If you decide to use eCheck Casinos for your payments you first need to know precisely how to use eChecks. Using eChecks is not very different from using your regular checks. All the Authorization steps are done online. Keeping that fact in our mind, our experts have devised this step-by-step guide to help you in making your first payment through eChecks:
The average waiting period for your eCheck to complete your payment on eCheck casino can be reasonably long. Our experts have noticed that it takes about 2-3 working days for the payment to reflect on your operator’s account. So, if you are looking for instantaneous transactions it’s better to check out popular e-Wallets such as PayPal or your traditional debit or credit cards.
Another problem that comes with using eChecks is that you will not be able to withdraw. That’s because operators do not support any withdrawals made with the use of eChecks. You will have to use a different payment service provider to handle your withdrawal.
Additionally, you will have to coordinate with the customer service representative of eCheck casino in case they do not have the option of eChecks. You can also know the real-time status of your eCheck if your bank supports that feature. Since we are dealing with the bank directly so if you face any issues you will have to talk to their customer service.
When you are choosing a payment service to handle your gambling needs, you need to ensure that it’s secure. One of the ways of ensuring safety is by comparing the necessary requirements to obtain an eCheck casino deposit. Our experts have gone through the verification requirements of the casino with eCheck India, and the steps are listed below:
It is tough to pinpoint the exact time when checks were first announced. The very first instance of eChecks being legalized can be traced back to the year of 2003. It was in this year that the United States of America passed the check clearing for the 21st-century act (check 21). This act allowed the bank to initiate a widespread process of issuing and clearing electronic versions of checks. Having reduced the time taken in physical verification, eChecks came as a boon for everyone. For the very first time, they had a faster alternative to checks.
The integration of eChecks into the daily lives of people, however, took some time. In the year 2012, it was seen that almost one in every six checks which were deposited in any given bank account were eChecks.
EChecks were responsible for close to twenty-three million online transactions in the year 2013. This factor alone gives us a clear picture of the way eChecks were received throughout the world. It was also noted that about 80% of all the businesses globally have either already made a shift to electronic checks or are in the process of shifting to reduce the overall operational cost of their respective companies.
Comparing the payment providers which are available before selecting your preferred payment option is very important. The comparison will give you critical highlights of every payment option in question and will help you in making a much more calculated decision. To help punters like you decide our experts have compared eChecks with other prevalent online payment services like e-wallets, debit and credit cards.
ECheck casino deposit is slower in terms of transaction speed. The deposits will take 2-3 days with eChecks, but e-Wallets can do the same thing in between 2-24 hours. Security of your payment, however, is eChecks prime selling point. It shares its secure 128bit SSL channels with the same server which handles government transactions, debit, and credit card transactions. This makes eChecks safer to use. Another thing worth noting is that eChecks does not support the feature of withdrawal. This means that you will have to install another payment method to handle your withdrawals.
It is essential to ensure that your payment service provider has enough security measures kept in place to prevent hackers from stealing your money. The presence of a security layer is something a good operator will always have. Casino with eCheck India is one of the safest methods of payment.
There are three distinct security checks which are necessary before any eCheck is cleared. The first one is a digital signature. The digital signature is required to prove your Identity. You are required to sign your eCheck digitally. The presence of the digital signature reduces unauthorized use of your funds.
The second security step is public-key encryption. Public key encryption ensures that the funds which are being transferred are not tampered with in any way.
The final security measure is duplicate check detection; this reduces the possibility of fraudulent checks. With these security measures in place, the security of your money is all but safe when you are using eCheck to deposit at a casino.
Everyone had their doubts regarding eCheck Casinos when it was first introduced. Since then, many things have changed, but that doesn’t mean that people are not curious anymore. In this section our experts deal with answering some of the very frequently asked questions regarding online casino eCheck India:
Actually, no, you are not required to have the same method for deposits and withdrawals. However, the operators usually recommend you have the same techniques for deposits and withdrawals. If a punter had two different methods of payment, this could create confusion for online casinos. This confusion will result in a lot of wasted time. Hence, to save time, always try to use the same payment service provider for both your deposits and withdrawals. However, in the case of e-checks, it will not be possible as e-checks don’t support withdrawals.
If you are caught misusing the offers they give or in the case when you fail to prove your Identity an operator is forced to block your account. However, these are just two instances that will get your account blocked. There are many more reasons which can get your account blocked. That’s why our experts always recommend you read the terms and conditions of your operator thoroughly before using them.
Bonuses are something that your casino operator gives. An online casino can offer you bonuses ranging from free bets and free spins to deposit bonuses and more. You can also get discounts on using individual payment options as well.
There are necessarily two things to look out for. First is security which can be assured by seeing the certificates and licenses of your payment service provider. Second is how easy it is to use the interface of the operator.
Making money is one of the reasons everyone likes to bet. No one would want to lose their hard-earned money. There are many things that our experts have found in their research to minimize online fraud. They claim that if you make sure to follow these steps, you can have an excellent start to your gambling career, and also will help you in having a long and prosperous gambling career:
Your gambling journey begins when you create your very first account. Ask any punter, from the top gamblers to amateurs, and they all will insist on the importance of having a good payment service provider.
According to our experts, you should not only have a good operator, but you should have the right operator. Our experts define an excellent operator as one which is secure and offers a decent variety of betting options. This will ensure that you do not fall into any kind of trap in the future.
Here, we have listed the things our experts have always suggested you do to find the right operator:
Overall, eChecks are an excellent payment service mode to choose if you place security above everything else. However, the lack of availability of casinos with eCheck India makes it harder to use as your primary mode of payment. That being said, nothing can beat the experience of using eChecks to make payments. Their unique and secure payment experience is their main selling point. Making payments via eChecks is a fast, safe, and fun new alternative to pay for your gambling needs.
EChecks may not have all the benefits of an e-wallet but it rates high on its security features. However, one major issue with it is that casino deposits do not allow you to withdraw money, so you will need a separate payment method to handle your withdrawals.
Users must be 18+. If you are having trouble with gambling then help and advice can be found at responsiblegambling.org