At its core, a LiqPay account is a mobile phone number tied to a PrivatBank card. To open all the possibilities, it is necessary not only to attach a personal bank card, but also to transfer personal data: name, registration address.
A big plus is the ability to withdraw funds through the PrivatBank ATM system. This method is available only for people who live in Ukraine. And the online casino itself, accepting LiqPay, can offer this method of payment to a player from almost any country in the world, since payments are valid in more than 200 countries.
Security is provided by 3D Secure Code and OTP technologies. The security of the system is indicated by the received certificates of large companies, for example, Visa and MasterCard. An additional factor to trust LiqPay is the procedure for connecting online casinos to LiqPay. For this, the gambling establishment must confirm its decency, only after that the casino will be able to use this method of making a deposit.
The withdrawal period is from 3 to 6 days. The exception is the cards issued by PrivatBank, then the withdrawal to the cards is carried out instantly due to the lack of the need to transfer funds to a third-party financial institution. It is possible to replenish a casino account via LiqPay instantly if the system is in a stable state.
The disadvantage of the service is the inability to transfer funds from LiqPay directly to the wallets of other electronic payment systems, for example, Poison. Also, players often encounter technical failures that prevent them from making an instant payment or receiving money from TOP LiqPay casinos.