The methods by which players can fund their online casino accounts play an integral part in the relationship between players and the betting sites they choose to wager in. Online casinos have the responsibility of providing as many deposit options as possible so as to attract players to sign up. The more options available translate to more chances of offering at least one deposit method which will be appealing to a wide range of players. One such deposit method is UnionPay, which constitutes a prepaid card that a player can buy and use it to fund an online casino account in order to play for money.
China UnionPay Casinos
The UnionPay card is the official domestic bank card in the republic of China. Founded in 2002, UnionPay is approved by the People’s Bank of China and the State Council. The card is linked to bank accounts all over the Chinese nation and it’s also readily accepted across a growing number of countries as well as web portals. As the only domestic money transfer method in China, this deposit method is also a widely popular voucher payment system across all the Asian markets.
How To Deposit With UnionPay
UnionPay boasts of wide international support considering this method is available in roughly 141 countries all over the world. This payment method has become quite the prime deposit option with players residing in Asia today, especially with the rapid emergence of online casino markets within the People’s Republic of China.
Once a player has purchased the UnionPay prepaid card, he/she then simply log in to one of the participating online casinos and then heads to the cashier section to make the deposit. The money will be immediately credited to the account and the player is thus able to wager whatever amount they wish. For a detailed run-down of how to make a deposit with a UnionPay card, the process is as below;
- The first step is to log into the casino account
- Head to the cashier section and click on the “Deposit” option
From the list of available deposit options, click on the “UnionPay” or the “Credit/Debit Card [with UnionPay logo attached]
- Make a deposit by entering the required amount of money plus the card information
- Finally, click on “Submit” and funds should be available to play for real money instantly
This deposit method essentially serves as an alternative to credit cards making it a perfect option for players who do not have credit cards plus the user who isn’t interested in using credit cards. This also means that all transactions into an account can be easily tracked off, and this aids to offer online players the ability to abstain from spending beyond their limits.
Advantages Of Using UnionPay
The UnionPay prepaid card offers casino players a very convenient method to make deposits. Because this method is linked directly to a bank account, players are able to keep track of exactly how much money they have deposited and thus easily avoid overspending. Of course, that’s an aspect that is more difficult to replicate when using a regular credit card. UnionPay is much cheaper when compared to prepaid debit cards. For players who might be concerned with keeping processing costs low but still have access to a deposit method, UnionPay comes highly recommend. Other advantages of using Ticket Premium to make deposits are;
- This payment method is not only safe but also trustworthy. This gives a reason why it is widespread.
- Unlike the typical credit card, the UnionPay card’s rate of acceptance across many countries is quite high, including in the US
- Players from various jurisdictions can be sure of a credit card that is pretty much assured to go through with little to no problems
- It’s a secure method for players to transact in when compared to debit/credit cards plus many other deposit options
Disadvantages Of Using UnionPay
One disadvantage of the UnionPay system is that some players could be hesitant about sharing their card information over the web. Players cannot use UnionPay to withdrawal their winnings or bonuses which means players who deposit using this method will have to find an alternative method when making withdrawals. However, players may still cash out directly back to their bank accounts, or even employ a money transfer service or a 3rd party e-wallet. But compared to the available withdrawal methods some casino cashiers use, this aspect certainly puts a kink in the overall setup of UnionPay.
Click to visit UnionPay official website