EnterCash Casinos

The EnterCash family today consists of 100+ million users, spread out across 18+ countries of Europe. EnterCash accepts payments in all European currencies. The company also provides payment initiation services (PSD2) along with traditional bank transfer routes. In the process, it eliminates the need for any third-party service provider. It is widely accepted across all online platforms, from gaming sites to popular e-commerce websites.

Latest Entercash Casinos

The company also plans to launch a retail chain payment network, through QR codes. It will add a lot of flexibility as you can make payments everywhere through a single platform. EnterCash joined the e-banking industry in 2011, directly connecting merchants with clients, creating a seamless wire transfer from an online banking account. It has introduced a lot of innovative products for online merchants, especially for the online gambling and gaming community. This makes EnterCash one of the widely accepted payment methods in most online casinos.

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Entercash Casinos: Warning

warning signs New Casinos

Surrender of Licence by Entercash Limited in Malta.

Entercash Ltd. has on the 31st of January 2019 given notice to the Malta Financial Services Authority that the institution shall be voluntarily surrendering its licence. The institution has ceased the carrying out of all licensable activities under the Financial Institutions Act on the 15th October 2019.

Until all the institution’s obligations are fully discharged, the institution shall continue to be governed by the Financial Institutions Act and regulated and supervised by the Authority and shall continue to discharge its obligations under the Act.

Entercash Short Facts

Company Name: EnterCash LTD.
Transaction Time: Instant
Min Transaction: $/£/€5-10.
Deposit Fee: No
Security: Encryption and SSL protocols
Currencies: EUR.
Max Transaction: N/A.
Withdrawal Fee: May vary from the casino.

Advantages of EnterCash

Ease-of-use

When you select EnterCash as your payment gateway, you will have to follow the standard online banking procedure as your own bank. EnterCash will straightway take you to your bank.

Currently, more than 4,300 European banks are connected to the EnterCash platform and almost all Scandinavian financial institutions are already linked with it. EnterCash is also connected with various partners in the online payment community like Every Matrix Solutions, Dev Code, Pay On, Pay Vision, etc.

Safe

When you select EnterCash as your payment gateway, you will have to follow the standard online banking procedure as your own bank. Transactions are processed through the user’s main bank, this offers extra layers of security, which makes it impossible to be hacked.

Instant transactions

EnterCash is also a good option for people without credit cards.  The transactions are instantaneous unlike other banking services, wire transfers, etc., which sometimes take up to 6-7 days.

Disadvantages of EnterCash

Absence of wallets

EnterCash a one-way payment system. Withdrawals can’t be made through EnterCash but for some reason, if your deposit is rejected, you will be given a refund back into your bank account.

How to use EnterCash

Before using EnterCash as your payment partner in new online casinos, you need to make sure about two things. First is whether your online casino accepts payments through EnterCash and secondly if your bank is linked with EnterCash.

Currently, more than 4,300 European banks are connected to the EnterCash platform and almost all Scandinavian financial institutions are already linked with it. EnterCash is also connected with various partners in the online payment community like Every Matrix Solutions, Dev Code, Pay On, Pay Vision, etc.

How to Deposit at an EnterCash Casino

Enter the amount you want to deposit and any promo-code that might be applicable. You have to then click on “Proceed/Make Payment”, which will take you to a secure EnterCash server. Here, you will have to select your bank and then enter your banking details. Don’t hesitate about sharing your details because EnterCash is partnered with your bank and doesn’t share your personal information with any third-party organization.

Please, follow the steps below to deposit with an EnterCash Casino:

  1. Enter the amount to be deposited (promo-code, if any)
  2. Click on ‘Proceed/Make Payment’ button
  3. Select the bank + enter the banking details

How to Make a Withdrawal With EnterCash

Withdrawals can’t be made through EnterCash as it is a one-way payment method but, for some reason, if your deposit is rejected, you will be given a refund back into your bank account.

Safety and Security

EnterCash is one such payment gateway, which uses internet banking to process payments on your behalf. EnterCash is based in Malta and adheres to the strict e-banking regulations of Europe. It is fully-compliant and has all necessary licenses and documents. EnterCash Ltd reports to the Central Bank and the Financial Intelligence Analysis Unit of Malta and is also supervised by the Maltese FSA until their licence is officially surrendered.

EnterCash FAQs

1. Why use EnterCash at new casino sites?

EnterCash joined the e-banking industry in 2011, directly connecting merchants with clients, creating a seamless wire transfer from an online banking account. It has introduced a lot of innovative products for online merchants, especially for the online gambling and gaming community. This makes EnterCash one of the widely accepted payment gateways in most online casinos.

2. Are there fees for using EnterCash?

EnterCash doesn’t charge any extra fees, you can, however, be charged by your online casino, which will be mentioned in the cashier’s page, along with the service charges.

3. How to use EnterCash for casino deposits and withdrawals?

To deposit and withdraw using EnterCash, all you have to do is enter the Cashier page and insert EnterCash as your preferred payment method – your money will then be deposited through your EnterCash account.

4. Is it safe to use EnterCash as an online casino?

EnterCash uses the highest security standards and encryption to make sure that paying through Entercash is always safe and secure.

5. How to set up an EnterCash account?

Select your bank security method and log in, then you need to select your preferred payment account and sign in as you would in your bank account.

6. Since EnterCash surrender its licence in Malta, will it affect me?

Although we still don’t know the extent of this change, it is likely to affect the way you make deposits in casinos registered in Malta, therefore we recommend you to use alternative methods.