The regulated nature of GooglePay allows licensed casinos from 25+ regions to support this payment option. Various advantageous are awarded to casino players utilizing GooglePay.
Launching in 2011, GooglePay was formally known as Google Wallet. It was initially available to residents located inside Australia, Singapore, UK and Ireland. But the Google Company would expand their eWallet to an additional 25+ countries worldwide. Now, gamblers located in America and Russia are authorized to utilize GooglePay.
Google Wallet wouldn’t become GooglePay until merging with Android Pay, the former competitor to Apple’s eWallet. This caused most to wonder which financial services are being offered through GooglePay. Well, since being rebranded to consumers in 2018, this eWallet has implemented the following features:
These features authorize consumers to transfer funds from GooglePay to their preferred contacts, which can include online casinos. This means depositing is supported through Google’s eWallet Platform. However, withdrawing capabilities depends on which casino is elected.
Financially speaking, GooglePay is utilized by millions worldwide because its functional & strengthen by SSL Encryption. This means the online gambling industry was inevitably pushed into adopting Google’s eWallet platform. However, unlicensed betting sites aren’t authorized to utilize this payment method.
For example, transactions fees aren’t implemented with GooglePay. Players must solely concern themselves with monthly costs applied to their bank accounts & credit cards. This means GooglePay is cheaper to use than most payment methods offered in Eurasia, North America, and the Oceania Region.
Gamblers maintaining an android smartphone or tablet are suited to utilize GooglePay. There’ll be superior convenience associated to consumers that implement this eWallet with their deposits. Why? Because P2P transfers are immediate & transactions are upheld by defense algorithms that supersede technological advancements like SSL Encryption.
Therefore, deposits & withdraws are protected beyond that of standard payment methods. It’s why millions worldwide have chosen GooglePay over additional banking options like PayPal or Neteller. The experiences sustained when interacting with a GooglePay Online Casino is overall better.
There are two approaches available to gamblers when utilizing GooglePay. The most common method is through mobile phones & tablets, which are typically preloaded with GooglePay.
There’ll be prompts after registering your device to enroll into the payment service, which takes minutes to accomplish. Moreover, banking institutions authorize consumers to use this service by connecting their networked accounts to GooglePay. This means each transaction is paid directly through your Debit or Credit Card. As such, account balances are altered whenever deposited transactions are approved.
This method of payment is instituted within the Browser version of GooglePay, which is accessible on Windows and Mac devices.
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Protecting gamblers & consumers that utilize GooglePay is prioritized by the Google Company. As such, advanced defense algorithms are harnessed to deter cybercriminals from attacking Google’s payment service with malicious programs. The algorithms include SSL Tokenization Encryption.
For those unfamiliar with this security system, it’ll remold the digital numbers seen on your Credit or Debit Card. Therefore, banking credentials continually remain hidden amongst unwarranted services.
GooglePay is regularly updated with security patches. These updates account for mandatory provisions in Google’s Terms & Conditions, which stipulate any updated methods of attacking consumers via DDoS Strikes should be counteracted. This requires cybernetic personnel employed by GooglePay to formalize security patches that’ll defeat any DDoS Strikes.
GooglePay online approved casinos also administer 128-Bit SSL Encryption to defend their userbase. This causes delayed timeframes for cybercriminals approaching an online betting establishment, to the point it’d take 10+ Years to hack into these sites. Therefore, gamblers are continually protected when depositing & wagering with GooglePay.
Gamblers aren’t required to transfer funds to GooglePay. Instead, this payment service is connected directly to Bank Accounts or Credit Cards. This means GooglePay works like Debit Cards when depositing into an online casino.
Previously, enthusiasts of online gambling weren’t authorized to use GooglePay. That’d change in 2019 when terms & conditions were altered to accept betting deposits.
There aren’t any limitations to how much consumers can deposit through GooglePay. Any limits are applied directly from your Credit Card or Bank Account.
Gamblers that have a Google Account won’t be required to signup for GooglePay. The same credentials are used, meaning punters must connect their Debit or Credit Card when downloading GooglePay wallet.
Deposits are processed immediately when using GooglePay. Withdraws could take upwards of one business day to process.
Players aren’t permitted to reverse their transactions, regardless of depositing or withdrawing funds.
Cryptocurrency transactions aren’t supported by GooglePay to date. Therefore, Bitcoin or Ethereum aren’t viable options for depositing.