Thanks to EnterCash, gamblers can play in online casinos using their accounts opened with European banks, since over 4,000 banking institutions from 18 European countries have signed cooperation agreements with the payment system. The money transfer algorithm is as simple as possible: being a financial intermediary, the company can process transfers in online casinos that accept EnterCash, almost instantly.
Due to the above-mentioned agreements, players can credit their casino accounts through EnterCash directly in their banking system. Yet, to become an EnterCash user, players should be clients of one of the partner banks; otherwise they will not be able to make money transfers. Payments are charged from debit cards only, since credit resources cannot be used for making deposits through EnterCash.
One of the advantages of using partner bank resources is the absence of commissions. The fees to be paid by clients depend on the banks at which their debit cards were issued. The system charges no added commissions.
EnterCash operates as an intermediary between the two parties, so it is impossible to use the system for making withdrawals. The platform is not an e-wallet, since no fully-fledged account is opened for the users. To withdraw their wins, gamblers have to use alternative payment systems.
All money transfers in EnterCash online casinos are executed within the banking system, which makes the transactions extremely secure. They are protected with an encrypted platform that helps transfer funds to the recipients quickly and safely. The system’s partners are only licensed casinos, which additionally boosts the users’ trust towards the company’s.