The use of Entropay by sportsbook gamblers is on the rise as more and more punters search for a risk-free method of funding their betting accounts. We can attest to the service’s usefulness from the point of view of a person who regularly engages in gambling because we have used it before.
INTRODUCING: ENTROPAY
The Entropay prepaid card service is available exclusively online. Virtual VISA cards can be created after an account has been set up, funded, and then used. Online purchases and gambling are made easy with these cards, which are similar to but distinct from traditional prepaid debit cards.
Entropay partners with several major sportsbooks like BetFair and others. The money you win can be transferred back to your Entropay card, unlike with other prepaid cards, and then you can use that money like regular cash or transfer it to your bank account.
FOLLOW THE STEPS AND YOU’LL SEE HOW IT GO
After creating an Entropay account, you’ll be prompted to add a payment method. To use it on online gambling sites like BetFair, you can load up to thirty simulated VISA cards with this. Money you have in a bank account or on a credit card or debit card is never at risk because the site never sees it. That virtual VISA card can be used repeatedly, and new cards can be made at any time.
Withdrawals are subject to a $10 minimum and a $10,000 maximum, and may take up to three business days to process. Once you load money onto your virtual VISA card, Entropay takes a small fee, but there are no other costs involved. This is a standard fee charged by e-wallet services like PayPal and Skrill and is quite low.
Pros of Entropay
Entropay has many advantages over its rivals, and it also has the characteristics that have made prepaid cards so successful in this market.
- Entropay’s prepaid status means your online purchases are safer than ever. Some players are reluctant to share their credit card information with too many gambling websites for fear of identity theft. With Entropay, they need only leave those details on the Entropay site; if their virtual VISA is compromised, they will only lose the amount of money they funded, and their bank account and credit/debit card information will remain secure.
- Adding funds to your Entropay virtual VISA card takes literally seconds and is a breeze. They accept various credit and debit cards, and once you’ve added one as a payment option, adding funds to your card will take you no more than a few clicks.
- Entropay’s withdrawal flexibility is what sets it apart from competing prepaid card options. While most cards of this type are one-time use only, the digital nature of Entropay and its classification as a debit card rather than a credit card make it possible to make withdrawals as easily as deposits.
- There are a few hiccups caused by the fact that Entropay exists solely in the digital realm, but the benefits of being able to quickly and easily add funds, make purchases, and withdraw money more than make up for them.
- The Entropay prepaid Visa cards can be used an unlimited number of times. With just one card, you can make as many purchases and withdrawals as you like.
- While some prepaid card providers limit you to just one card per account, Entropay actually lets you make up to thirty.
Cons of Entropay
Entropay has a few minor flaws that need fixing. These aren’t major issues by any stretch of the imagination, and they don’t reason enough for us to reject this service, but they bear mentioning nonetheless.
- There has only been one instance of downtime or technical issues on the part of Entropay where we experienced any frustration. In contrast, their downtime is extremely frustrating when you need to make a deposit or withdrawal immediately. Since there is no such thing as a completely secure website, any service that relies solely on the internet is in constant danger.
- Withdrawal Time: With PayPal and some other services, withdrawals can be made instantly. However, there is a delay on Entropay. Although this isn’t very long, there are times when you’ll have to wait up to three business days, which could mean a five day wait if you withdraw on the weekend.