UseMyFunds is a Canadian payment method that provides an alternative to online credit card payments by enabling its users to pay for goods and services using their online banking.
Although it is not as famous as other payment methods such as PayPal or Neteller, UseMyFunds payments are made instantly and virtually eliminate the risks associated with ACH and eChecks. In other words, it is safe for online casino deposits.
Widely used in 45 countries around the globe, including Canada, UseMyFunds allow you to make online casino deposits without any fees – meaning your bankroll can be dedicated entirely for any new casinos you choose. However, to withdraw any winnings you need to rely on a wire transfer to your bank or e-wallet.
The UseMyFunds casino payment method can be very useful. Online players can enjoy the security features in the countries where it is accepted. You can even compare casinos that accept UseMyFunds before registering at one. In the meantime, have a look at a full list of the Latest UseMyFunds Casinos below:
100% up to €200 + 20 Free Spins on Starburst (1st day)
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Secure and anonymous
UseMyFunds not only offers safe and secure transfers but also anonymous transactions. This is an extra for those who are more sceptical when it comes to online banking.
Instant casino deposits
You can enjoy instant casino transfers while using UseMyFunds! All the transactions are immediately available in your account!
Accepted in 45 countries
Although it is not as famous as other payment providers, UseMyFunds accepts more than 40 currencies. For sure you’ll find yours here!
No withdrawal available
Unfortunately, UseMyFunds does not offer withdrawal to its customers. You’ll have to explore some other options to cash out your casino winnings.
Requires a valid bank account
To use UseMyFunds, you must hold a bank account at one of their partner banks around the globe. Otherwise, you won’t be eligible for registering for one with the company.
You don’t need to set up an account to use UseMyFunds. You need a bank account from one of their bank partners. That done, simply start using your card partnered with UseMyFunds!
To deposit at any UseMyFunds Casino, first, be sure that this payment method is accepted by the new online casino. After that, go to the Cashier page on the casino and select UseMyFunds as your new favourite banking option!
Just a few easy steps to deposit at a UseMyFunds Casino:
- Go to the Cashier page on the casino.
- Select UseMyFunds as your preferred online casino deposit method.
- Enter your personal information.
- Enter the amount to be deposited.
Withdrawing with UseMyFunds is a hassle. In fact, you must hold a Canadian bank account, open a buyer account with UseMyFunds and get approved for Pre-Authorised Debit (PADS). So, well, withdrawals are not available!
UseMyFunds does not have a particular license. The company is based in Toronto and ensures that players have the best at safety and security while making online transactions using their service.
UseMyFunds works under strict standard banking security protocols and oversight, which are layers of protection provided by your bank to prevent fraud, identity theft, amongst other cybercrimes.
UseMyFunds is available in quite a few countries and requires that its users meet some requirements. Several documents may be asked when depositing with UseMyFunds. This is to guarantee more security to your online transactions.
1. Why use UseMyFunds at new casinos sites?
UseMyFunds is a reputable and safe online casino payment method. It is accepted in several countries and charges no fees for deposits!
2. How to deposit in a UseMyFunds casino?
First, you need to make sure your favourite new online casino accepts UseMyFunds as a payment option. That done, simply select it as your deposit method and fill in the required information.
3. Is it safe to use UseMyFunds in an online casino?
Absolutely! UseMyFunds partnered with some banks and uses the standard banking security protocols to protect your account and prevent any type of fraud!
4. Are there fees for using UseMyFunds?
None! To deposit into your casino account using UseMyFunds, no fees will be charged.
5. Which casinos accept UseMyFunds?
6. What are the best alternatives to UseMyFunds?
If you reside in a country that does not accept UseMyFunds or want a more flexible casino deposit method, take a look at other options such as Paysafecard, NeoSurf, Skrill or Trustly. All of them are great options to top up your online casino account too.
G. H. Moretto is the Editor at New Casinos.com and Nyecasino.org, also an expert in advertising and casino content with a passion for blackjack tables. He has managed research, content writing, translations and holds a degree in Social Communication with honours in Advertising, bringing to the table a decade of experience in the advertising and online gambling industries combined. Moretto was also directly involved in a Child Gambling project in the UK, which was discussed with several MPs to bring forward legislation changes to protect children. He has reviewed thousands of online casinos, slots and casino games and he definitely knows his way around bonuses, payment methods and trends. This casino enthusiast is an Editor at NewCasinos.com on a mission to reveal all the secrets of the industry with in-depth and unbiased reviews. Moretto aims to educate new and seasoned players about the risks and rewards of all new casinos, their bonuses and features to help players make better-informed decisions.More info on G. H. Moretto