Online casinos are constantly advancing in terms of the games and services that they have to offer. So, it only stands to reason that payment methods should provide this very same level of adaptability. One interesting alternative which has been attracting attention in recent times is known as the Flexepin casino payment system.
If you are curious to learn more about why many virtual casinos are now leveraging this unique technology, it is wise to answer a handful of important questions.
What exactly is Flexepin? What advantages do Flexepin casinos have to offer? Why are online casinos with Flexepin as a payment option considered to represent some of the most secure in terms of data privacy? These and other issues will be tackled immediately below, so be sure to read on.
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What is Flexepin?
We should first make it a point to highlight the fact that Flexepin is not considered an e-wallet in the most traditional sense. On the contrary, it represents a type of online voucher. This essentially signifies that Flexepin users can top-up their existing account balances by purchasing additional vouchers. The funds will thereafter be deposited directly into their registered accounts. However, we should also mention that these very same vouchers can be used to purchase additional goods and services (assuming that the vendor in question accepts Flexepin as one of its payment methods).
There are also several different types of vouchers which can be obtained and while the services are the same, the amounts vary. The lowest value is currently listed at S20 CAD. The most expensive voucher (at the time that this article was written) is $500 dollars.
This is obviously beneficial for those who might wish to use the Flexepin casino payment service in a more incremental fashion. It could also be a wise choice in terms of avoiding the habit of exceeding your bankroll threshold at any given time.
To put it simply, Flexepin offers the very same sense of fiscal functionality as many other online payment systems. The only major difference is that the worth of the vouchers themselves is less.
How Does Flexepin Work?
Let’s assume that you have become interested in partnering with Flexepin. The first step is obviously to register with the provider. There are two ways in which this can be accomplished. The first is to visit a physical retail center that offers Flexepin vouchers. For the sake of this article, we will instead be focusing on how to register online. Like many other electronic payment systems, you will need to provide basic details before completing the process such as:
- Your first and last name
- Your physical address
- A valid email
- How you intend to pay for the voucher (such as with a credit card or through an online wire transfer). Other methods such as cryptocurrencies and phone payments may be accepted by some vendors.
One important point to mention is that Flexepin vouchers cannot be purchased through the official website. You will instead need to navigate to partner providers. Those who are Canadians can navigate to platforms including (but not necessarily limited to):
Please feel free to perform additional research to determine if any other websites are able to offer such vouchers, as these tend to vary depending upon where you are physically located. Flexepin services are also available for Europeans, Australians, Africans, and Chinese customers. Once the registration process has been completed, you will simply need to select the value of the voucher. Assuming that you are approved for the purchase, you will then receive a confirmation email. This is followed by a 16-digit PIN code that can be used to make purchases or to deposit funds into a third-party account (such as an online casino).
How to Use Flexepin at Casinos
Of course, the first step is to make certain that the online casino in question recognizes Flexepin as a payment option. We will discuss this in greater detail below. Assuming that you have found the right establishment, you can transfer the value of a prepaid voucher directly into your existing account.
The same 16-digit PIN code that was mentioned in the previous section will be needed. Similar to a bank transfer, enter these digits into the appropriate field when requested. This can normally be accessed by heading the portion of your account that provides a Flexepin deposit option.
In some cases, you may need to re-confirm additional information that was supplied to the casino during the initial registration process. Once again, this depends upon the casino itself and what security protocols have adopted. You will then be notified when the transaction has been completed.
Casino Deposits with Flexepin
The good news is that the Flexepin deposit option offers immediate confirmation that a payment has been made. This essentially signifies that you can access the money directly after it has been received by the casino.
Keep in mind that the majority of casinos will not charge any type of fee for making a deposit. In the same respect, another massive benefit of using these types of vouchers is that Flexepin itself will not lade the user with any surcharges. So, the amount you wish to deposit is never “watered down”; enabling you to use the complete amount when playing your favorite games.
Players who wish to enjoy instantaneous deposits will therefore often choose Flexepin in favor of other services that are associated with fees and/or frustrating waiting times before the money actually clears.
Casino Withdrawals with Flexepin
As the Flexepin casino payment method is essentially a prepaid voucher service, users cannot withdraw their winnings with this system. It is not certain whether or not Flexepin may offer such an option in the future. However, always, remember that you have many other choices which are just as efficient. Some common examples include:
- Wire transfers
- Common e-wallets such as PayPal and Skrill
- Credit cards including Visa and MasterCard
To put it simply, Flexepin is primarily intended to be employed as a way to deposit funds into an existing online casino account.
Is Flexepin Safe to Use at Casinos?
The number of online casinos accepting Flexepin is continuing to grow and for good reason. We should first point out that Flexepin uses some of the very same encryption methods leveraged by banks and financial institutions. This is referred to as SSL (secure sockets layer) encryption. Thus, the information sent and received is essentially “scrambled” during the transmission. Only two matchings digital “keys” can be used to decrypt this data.
The bottom line is that it is nearly impossible to compromise such a method. One extremely important security of Flexepin casino payments involves the vouchers themselves. Let’s remember that the only identifying feature of any voucher is the 16-digit PIN code that you initially received. In other words, you will normally not be required to provide the casino with any additional information. This makes Flexepin one of the safest and most secure methods in existence today.
Pros and Cons of Flexepin
The Flexepin casino payment system is certainly impressive in its own right. While slightly different than the majority of e-wallets, there are many benefits to enjoy. Here are the top advantages:
- An extremely secure payment system.
- Users can choose the value of their vouchers.
- Deposits will clear immediately.
- The system itself is very easy to use.
- Available to international customers.
There are only a handful of possible drawbacks:
- Withdrawals cannot be made with Flexepin.
- Relatively low deposit limits when compared to other transfer services.
Still, the number of the best Flexepin casinos is expected to increase. This is why it is always good to bookmark this page in order to keep one step ahead of the latest information. Have fun and play safe!