Many online casino players may not be familiar with PayNearMe, but this is a payment method that is quickly becoming popular. While it is relatively new to the online payment realm, PayNearMe has many benefits that make it an interesting payment method at an online casino. By using PayNearMe casinos, you can secure your transactions and also have more control over your bankroll.
Casinos that accept PayNearMe are also ideal for gamblers who still use cash instead of other forms of payment. Because of its convenience and popularity, online casinos are increasingly supporting PayNearMe as a way to deposit funds. Sure, credit cards, bank transfers, and digital solutions are simple ways to make transactions at an online casino, but PayNearMe offers a guaranteed payment method that works 100% of the time.
In this post, we’ll discuss the numerous benefits of PayNearMe, while also touching on some of the downsides of the platform.
One of the main benefits of PayNearMe is ironically also one of its biggest flaws. At the moment, the platform is limited to the United States. That’s excellent on one hand because it offers a rare supported way for gamblers in the US to pay at an online casino. However, it also limits the availability of PayNearMe casinos in other regions.
Still, if you’re in the US, online casinos that accept PayNearMe are an interesting choice because you get the positives of both cash and e-transfer solutions. When you use a PayNearMe online casino, you receive a simple barcode that allows you to make the desired cash payment at a physical location. Numerous retailers support PayNearMe, including 7-Elevena and Family Dollar.
PayNearMe is a valuable tool for people who still like to conduct most of the financial movements in cash. That said, payments can also be made with other methods, such as debit cards, credit cards, bank transfer, and Apple Pay. When you make a PayNearMe payment, the transaction will be completed instantly, providing the clear advantage of e-wallets such as PayPal… including anonymity.
In 2020, PayNearMe was named Best Consumer Payment Platform by FinTech Breakthrough.
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One of the biggest benefits of PayNearMe is it allows members to make payments at online casinos in the US. In the United States, most payment solutions are not supported at online casinos. For example, services like PayPal and credit/debit cards cannot be used for online gambling. This is not the choice of casinos, but regulations in place prevent financial institutions from linking with iGaming.
Fortunately, the limitation does not exist for PayNearMe, which actively welcomes online gamers to its platform. By using a PayNearMe online casino, you can deposit money easily into your online casino accounts.
“PayNearMe makes it easy for your players to fund their online gaming accounts with cash. With more than 27,000 locations to fund their accounts, your cash-customers can easily get to a payment location and load their accounts in just a few seconds.”
Considering the dangers of cybercrime, spending money online is a risky business. While payment methods like e-wallets and traditional banking are amazing at keeping your money and details safe, nothing beats cash. When you spend with cash, you avoid any of the risks of online transactions. Furthermore, you’ll only spend what you have.
PayNearMe allows you to pay in cash at a physical location, removing all security risks associated with online transactions. You will not have to share financial or personal details, and you can also take full command of your bankroll. It is worth pointing out that you can also use credit/debit and services like Apple Pay with PayNearMe, just in case you do want to use a digital solution.
PayNearMe has PCI DSS certification, meaning it has compliance with banking regulations and provides security on par with financial institutions. Since launching around a decade ago, billions of dollars have been moved securely with PayNearMe.
If you use PayNearMe casinos, you’ll also receive leading anti-fraud protection, such as secure account validation methods. When you use this payment method, your finances are protected every step of the way.
PayNearMe online casinos make it easy for patrons to make deposits using the payment method. You can deposit money at your chosen online casino with PayNearMe by following these steps:
Head to the cashier section at your chosen online casino and select the deposit option.
Your casino will now present a list of payment methods it supports. If PayNearMe is among them, select it.
Enter the amount of money you want to deposit.
PayNearMe will send you a barcode. This is a one-time unique code that you use when you pay at a physical location.
Go to a retail location that supports PayNearMe.
At the store, scan the barcode and pay the amount of cash you inputted as your deposit.
Funds appear in you online casino account instantly.
Perhaps the biggest problem with PayNearMe online casinos is they don’t let gamblers withdraw money. This means you can easily make a deposit with PayNearMe, but you cannot use the method to withdraw winnings. Of course, customers are still free to deposit funds using PayNearMe and then withdraw with another payment option, such as e-wallet or credit card.
“While the FinTech revolution has disrupted nearly all aspects of the payments industry, bill pay was one area that was not addressed. PayNearMe tackles this gap in the market by delivering a better customer experience with bill pay, matching the seamless user experience customers have come to expect with the flexibility, security and reliability businesses need.” – FinTech Breakthrough
“We’ve made it easy for consumers to pay their bills using any device and with any tender. With PayNearMe, businesses and government agencies can send payment reminders to customers via an email or text message that includes a link they can click to make secure payments — no login or account numbers required — it’s that simple.” – Danny Shader, Founder & CEO, PayNearMe.
PayNearMe is an excellent choice for several reasons, like managing bankroll, ensuring financial and personal details remain anonymous, ability to gamble in the US, and if you like to pay in cash. However, there are some downsides to the platform. For example, you cannot withdraw money from an online casino using PayNearMe. This may be a problem for some customers who don’t want to use two separate payment methods for depositing and withdrawing.
It’s also worth noting that casinos that accept PayNearMe are limited to the United States. Customers in Europe and other regions will not be able to use this payment option.
Modern online casinos do a lot to ensure there are a lot of payment options available so all types of customers can deposit money and play games. In fact, the top online casinos will support a dizzying array of payment options. Most popular of those are traditional banking services like credit card, debit card, and bank transfers. Other payment options include e-wallets like PayPal and NETELLER, and even cryptocurrencies like Bitcoin.
It is worth checking with your online casino if they support any of these Paysafecard alternatives:
Safety and Security
There’s no doubt that security is the most important aspect of any online casino. If the venue you choose does not protect your details or tries to scam you, it does not matter what games and bonuses are on offer. We start every review by checking an online casino has all the standard security and regulatory compliances. Included are full licensing by a recognized body and security measures that meet international banking standards.
Deposit and Withdraw
We know iGaming fans value being able to access money quickly. That’s why we test a casino to see how quickly it handles deposits and withdrawals. Yes, these timeframes depend on payment methods, but it’s good to know a casino will handle your money efficiently. Furthermore, when we deposit and withdraw, we also play games to give you a complete overview of the online casino’s experience.
PayNearMe is a relatively new player at online casinos, but it has quickly become valued by patrons… especially in the United States. When you visit a PayNearMe casino, you can use the platform to take control over your bankroll, your payment details, and do it all under a blanket of high security. There’s much to like about PayNearMe, and it is one of our chosen payment methods because it is convenient, easy to use, and safe.
We would love to hear your feedback on using PayNearMe casino for your transactions, so please feel free to email us, and we’ll add your information to our review pages!
