E-Wallet Casinos

Last updated:

Due to the ease of making payments, for example with the touch of a button on a smartphone, e-wallets are becoming increasingly widespread. E-wallets, or electronic wallets, are digital platforms that store money for online transactions, including online casinos.

How Do E-wallets Operate?

Here's a brief overview of how they operate:

  • E-wallets trace their origins back to 1999 when PayPal launched its electronic money transfer service, which experienced a remarkable daily growth of approximately 10%.
  • E-Wallets have been in existence for over 20 years.
  • The earliest recorded online payment dates back to 1987 with Coca-Cola's vending machines in Helsinki, which allowed payment through text messages.
  • It is used in the online gambling industry as a means of making deposits and withdrawals.
  • E-wallets typically link to a user's bank account to draw money for online payments. However, following a 2020 UK Gambling Commission regulation, e-wallets linked to credit cards are disallowed for betting activities.
  • Users preload funds into their e-wallets, which can be spent on a variety of online services, including new online casinos.

Best E-wallet Casino Sites in Ireland, as of February, 2024

Explore our list of the top 10 e-wallet casino sites in Ireland, carefully curated and updated.

Yoju
4.79
Last updated:

225% up to €2,000

+100 Free Spins

SpinPirate
4.71
Last updated:

250% up to €2000

Winz.io
4.77
Last updated:

100% up to $500

+300 Free Spins

Goldenbet
4.77
Last updated:

100% up to €500

Winnerz
4.79
Last updated:

100% up to €200

+100 Free Spins

Pledoo
4.79
Last updated:

370% up to €3,000

+225 Free Spins

Golden Lady
4.77
Last updated:

665% up to €3,325

Spinzwin
4.77
Last updated:

100% up to €300

+10 Free Spins

Stay
4.77
Last updated:

520% up to €5,000

+300 Free Spins

Experience swift transaction times at e-wallet-friendly venues at fast withdrawal casino in Ireland. Deposit and withdraw in a snap with e-wallets.

Best E-wallets

Today, numerous e-wallets are being used for financial transactions, especially in industries such as online gaming. Here's a detailed comparison of several e-wallet services, outlining their unique features, and potential drawbacks, as well as their fee structures, transaction times, and limits.

Skrill

Skrill offers to transfer money, a prepaid debit card, and multi-currency account functionality. Widely used for forex trading and online gambling, Skrill also offers cryptocurrency trading and payment gateway services. Users often highlight its complex fee structure and high currency exchange fees.

  • Skrill's loyalty system, which allows a player to earn points for almost every transaction
  • Account blocking possibility, particularly when large amounts are deposited, often necessitating a thorough and sometimes tedious verification process. Also, Skrill is often excluded from the bonus system in many online casinos Ireland
Skrill Specs
Fees Time Limits
Deposit 0% Instant €5,000 - 500,000
Withdrawal ATM: 1.75% 1-3 days €4,900

Neteller

Neteller, established in 1999, is an electronic money transfer service owned and operated by the British global payments company Paysafe Group. NETELLER Cryptocurrency Service is not regulated by the Central Bank of Ireland. It focuses on electronic transfers from/to merchants.

  • Supports numerous funding options, including credit cards and Bitcoin. Own VIP program. If clients make a large volume of transactions, it affects commissions, withdrawal limits, and other features
  • Reduced user functionality and low limits in case of refusal to undergo verification
Neteller Specs
Fees Time Limits
Deposit 0% Instant €2,500-15,000
Withdrawal 0 - 3.99% 1-5 days €900 in 24 hours

MiFinity

MiFinity is a global online payments company licensed by the FCA (Financial Conduct Authority) and certified by Union Pay International. The company has 18 years of experience in the online payments industry.

  • Allows users to send money to anyone, even if they don't have a wallet MiFinity, using their email address or phone number
  • If the user does not log in for 12 months, the account becomes inactive and a service fee of €1 per month will be deducted from their account
MiFinity Specs
Fees Time Limits
Deposit 0% Instant €150 - 20,000
Withdrawal 1.8% 1-2 days €150 - 20,000

PayPal

PayPal is a widely-used digital wallet that enables secure online transactions globally. Users can link their bank accounts or credit cards for seamless transactions. PayPal gets most of its revenue from the commissions it charges sellers, not from consumers who pay through it. Allows users to exchange money within the system.

  • Instant and secure money transfers
  • Unexpected transaction fees, account restrictions, or blocks under certain circumstances
PayPal Specs
Fees Time Limits
Deposit 0% Instant €1,500 - €5,000
Withdrawal 2.9% 1-3 days €400 daily

MuchBetter

MuchBetter is a modern P2P wallet designed for online payments. Users can send and request funds using the recipient's phone number, which is convenient for splitting bills or giving gifts.

  • Enhanced in-app security measures such as personalized pins and touch/face ID
  • Occasional fees for certain transactions and restrictions on non-verified accounts
MuchBetter Specs
Fees Time Limits
Deposit 0% May vary €2,500
Withdrawal 0.99% 3-5 days €2,500

eZeeWallet

eZeeWallet is a digital wallet, with no commissions when sending and receiving money by other users of the application. It has an internal bonus system: for every euro spent, loyalty points are awarded, which can be entered, withdrawn, and used at discretion.

  • The convenience of mobile payments, and multi-currency support
  • Some limitations may include unexpected fees and account suspension
eZeeWallet Specs
Fees Time Limits
Deposit 0-4% Instant min €10
Withdrawal 2% 1-2 days max €2,500

EcoPayz

EcoPayz is a secure online payment service, based in the UK and has been supervised by the Financial Supervisory Authority. Enabling users to gamble at online casinos without disclosing banking details.

  • It issues its own debit cards, physical and virtual, which allow users to make a deposit and withdraw winnings
  • The high fees associated with transactions
EcoPayz Specs
Fees Time Limits
Deposit 1.5-7% Instant Depends on the reward program
Withdrawal 0.99% 1-3 days Depends on the reward program

Bonuses for Using an E-wallet

Check out our list of the best online casino bonuses for using e-wallets as a payment method.

Welcome Bonus

100% up to €500 + 200 FS

no code required
Welcome Bonus

up to €3,000 + 225FS

no code required
Welcome Bonus

100% up to €200

no code required
Welcome Bonus

325% up to €550

no code required
Welcome Bonus

60% up to AU$ 150

no code required
Welcome Bonus

Highroller Welcome Bonus up to AU$ 4,500

no code required

Security

E-wallets offer security measures to protect user finances and personal data, such as:

  • Encryption: Data transferred via e-wallets is encrypted, making it indecipherable to potential hackers.
  • Two-Factor Authentication (2FA): This requires an additional layer of security, such as a code sent to the phone, which allows only the owner to access the account. In addition, some wallets have biometric security features such as Touch ID and Face ID, which use a unique fingerprint or facial recognition as a strong means of account authentication.
  • Tokenization: E-wallets use tokenization, where sensitive data like card numbers are replaced with unique symbols (tokens), further reducing risk.
  • Fraud Monitoring: E-wallet providers often have fraud detection systems in place that monitor suspicious activity.
  • Privacy: Unlike traditional methods, e-wallet transactions do not require the transfer of confidential bank details to sellers.

This multi-layered security protects players' financial and personal information, making e-wallets a safe choice.

Pros and Cons

  • E-wallets enable swift transactions, facilitating both deposits and withdraw funds instantly
  • They ensure a high level of protection as they eliminate the need to share banking and credit card details with online platforms
  • The user can replenish the e-wallet in various ways: from a card, through a bank application or account, from another internal account, and in some cases - from another e-wallet
  • Many e-wallets have their apps on Android and iOS for seamless mobile transactions
  • They help in conveniently monitoring the profits and losses of the games as they provide transaction details
  • The need for account verification is an inconvenience for some users
  • Lesser-known e-wallet brands may not be widely accepted across online platforms
  • While necessary for security, account verification can be time-consuming

Additional Facts

  • The casino site will never see the player's bank details, so users can rest assured that they are not at risk. All transactions go through the e-wallet provider.
  • The impact of e-wallets has led to a more competitive gambling industry in terms of operator diversity. This means that gamblers have a wider range of platforms to choose from. Each operator will try to attract customers with the best promotions, bonuses, and games, which can only benefit the players.
  • Even if someone steals a player's phone, they will not be able to steal the money in their e-wallet because the transaction requires some verification (such as a password).
  • Since e-wallets are decentralized, transactions no longer require bank tellers or other personnel, ultimately the whole experience becomes cheaper for everyone involved.
Conclusion

Our experience with various e-wallet platforms has shown them to be efficient through speed and ease of use, and secure through strong encryption and payment anonymity as a solution for managing online casino transactions. As our tests have shown, e-wallets such as Skrill, Neteller, MiFinity, PayPal, MuchBetter, EcoPayz, and eZeeWallet offer a combination of instant transactions, robust security features, and user-friendly user interfaces.
Based on our practical knowledge, we noted that not all e-wallets are universally recognized, especially the lesser-known brands. In addition, the account verification process, while necessary for security, can sometimes take time.

E-wallets FAQ

Yes, certain casinos exclude Skrill and Neteller users from bonuses due to bonus abuse prevention policies.
Yes, your e-wallet may be suspended if the service provider suspects fraudulent activity.
Generally, casinos require withdrawals to be made to the same e-wallet used for depositing, for anti-money laundering reasons.