Bankera Casinos

Payment solutions for online casino players across Africa have consistently been an issue of bank selection and usability. However, Bankera has opened new windows of opportunity for such high-risk payments in the region. This digital bank specialises in fintech solutions that help casino gamers transfer money without worrying.

Bankera is a fully licenced and regulated bank offering payment services, from basic transactions to cutting-edge digitised items. Its inclusion of a blockchain platform along with cryptocurrency products has made the payment operator appealing to clients of online casinos operating in African countries.

Bankera Overview

Bankera is an online bank established in 2017. Its primary goal is to deliver innovative payment services to retail and corporate customers. The bank is operated by SpectroCoin Ltd., a reputable and credible cryptocurrency exchange that has been in operation since 2013. It is licensed and supervised by the Lithuanian Central Bank. Its primary customers are individuals and businesses, but it does offer a wide variety of services.

Unlike a regular bank, which does not work to find appropriate remedies for the online gaming industry and its customers, Bankera demonstrates that these customers are a priority. In other words, the bank’s consumer base is different from normal classifying firms. Instead, the portfolio comprises high-risk clients, covering companies like iGaming and crypto exchanges.

For African users, paying through SEPA payments without any extra fee from Bankera has been revolutionary. This payment option not only reduces the complexity of the proceeds but also assures the level of reliability and safety that many players have been looking for.

Bankera Payment Gateway

Bankera works as a payment gateway, which means it is a medium to integrate other payment methods that ordinarily might not be available. Casinos can use Bankera to feature major credit card networks like Visa and Mastercard as channels for customers to pay online. The payment gateway also offers a bank transfer. It is an infrastructure for direct debit payments to creditors’ accounts within the Single Euro Payment Area (SEPA) without delay or security issues.

Bankera also enables international SWIFT payments in over 14 major currencies, like USD, GBP, EUR, and AED. In line with their focus on blockchain and cryptocurrency integration, Bankera’s payment gateway allows businesses to receive payments in several digital currencies. Supported online casinos may carry money in such cryptocurrencies as Bitcoin (BTC), Ether (ETH), Tether (USDT), USD Coin (USDC), etc.

The Bankera gateway can settle in digital or fiat currency as per the account holder’s choice.

How to Deposit with Bankera

Making deposits with Bankera is a straightforward process for online casino players. First, select one of the Bankera-friendly online casinos and open an account if needed. If you have an existing account, simply log in and navigate to the cashier page.

Once there, look for the Bankera logo and click on it to load the deposit form. Enter the amount you wish to transfer to your casino balance and provide the login details for your Bankera account. Confirm the request, and your funds will be instantly credited to your casino account, ready for you to enjoy your favourite live casino games.

It’s important to note that before making a deposit, ensure you have sufficient funds in your Bankera wallet. You can easily top up your account through various methods, including bank transfers, credit/debit cards, and even cryptocurrencies.

How to Withdraw with Bankera

Withdrawing your winnings from online casinos is as seamless as depositing with Bankera. Navigate to the withdrawal section of the casino’s cashier page and look for the Bankera logo among the available withdrawal options.

Enter the amount you wish to cash out from your casino balance and provide the details for your Bankera account. Review and confirm the withdrawal request, and your winnings will be transferred to your Bankera wallet. Depending on the casino’s processing time, this could take a few hours or a day.

Bankera supports withdrawals to bank accounts, cryptocurrency wallets, and other payment methods. It’s essential to double-check the withdrawal details to ensure that the funds are sent to the correct destination. Depending on the payment method and the amount being withdrawn, withdrawal limits or fees might also be in place. Reviewing Bankera’s fee structure and withdrawal policies before initiating a withdrawal request is advisable.

Transfer Times, Fees, and Security

One of the key advantages of using Bankera for online casino transactions is the speed of deposits and withdrawals. Deposits are processed instantly, allowing you to start playing your favourite games right away. For withdrawals, sending money within the EEA usually takes one to three business days, while international transfers could take several business days.

Fees-wise, Bankera is very well-known for its competitive rate and low commissions. The bank takes the lead by offering affordable fees for SEPA and SWIFT transfers and competitive rates of exchange for foreign currency transactions. For example, they charge a €1 fee for non-EEA residents withdrawing.

For security, the payment processor utilises up-to-date encryption procedures, such as two-factor authentication via SMS and SSL cypher, to make unauthorised access to accounts or transactions impossible. As such, you receive an OTP whenever you log into your account and also during the withdrawal process.

Moreover, the Bankera Privacy Policy protects your identity. As a regulated and licenced bank, it adheres to stringent financial laws and undergoes regular audits and monitoring. Everything is transparent, and you are assured of safe transactions.