Bitandpay

Bitandpay is a multi-financial institution providing a straightforward way to deposit and withdraw in online casinos. Through its gateway, players can pay using numerous local banking options, e-wallets and cryptocurrencies. If you’re looking for a convenient way to fund your casino account, Bitandpay should be on your radar.

The company supports transactions with local currencies, allowing users to pay without converting money manually. Bitandpay offers an easy-to-use interface, which makes adding and removing money from your casino account simple. Additionally, the service is regulated by Swiss financial authorities, ensuring they adhere to the country’s regulations and laws.

Continue reading to learn more about Bitandpay and its benefits as a payment method in online casinos.

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About Bitandpay

Bitandpay is a Swiss company that was founded in 2020. Despite being a newcomer, the service created an attractive payment gateway by partnering with many local payment methods and crypto exchanges. On top of that, Bitandpay offers chargeback protection, KYC verification, and more. The company did everything right, so the fact many online casinos now use Bitandpay should come as no surprise.

Target Markets

The company is based in Switzerland and regulated by the Swiss Supervisory Organisation for Financial Intermediaries & Trustees. However, the service is available in countless other countries, as evidenced by the partnered payment methods. For example, banking options like Interac and Boleto Rapido are only available in Canada and Brazil. If you can find a payment method from your country among Bitandpay’s payment methods, it is available in your market.

Keep in mind that operators can choose what banking options they want to enable. As such, some payment methods may not be available in your online casino.

Bitandpay Can Be Used For Online Gambling

Bitandpay Account

As with most payment gateways, players do not need to register a dedicated account to add or remove money. Everything is already set up for you – all you have to do is select it as a payment method and use it!

How to Deposit with Bitandpay?

Depositing with Bitandpay only takes a couple of minutes. Log into your casino account and open the banking or cashier page. From there, select Bitandpay from the list of payment methods. That will open a separate window, which displays various local banking options. Choose the one you want to use, enter the deposit amount, and press the deposit button! You will have to authorize the transaction by signing into your chosen payment service. After that, you will see the deposited funds appear in your account.

How to Withdraw with Bitandpay?

Withdrawing money with Bitandpay functions similarly to depositing. Again, you log into your casino account and navigate to the banking page. Select withdrawal, and then choose Bitandpay. From there, pick the payment method to which you want to cash out and fill out the required information.

Transfer Times, Fees, and Security

Transfer times are instant when you deposit using Bitandpay. Meanwhile, cashing out can take anywhere from a few hours to multiple days. It all depends on which banking option you choose to carry out the withdrawal.

Bitandpay does not charge players fees for deposits or withdrawals. However, payment methods offered in the gateway may charge you for using its service. Additionally, online casinos may also impose a fee if you use Bitandpay. If such fees exist, you will see them on the cashier page or in the casino’s T&C.

The payment gateway offers a secure way to transfer funds between the casino and your local banking option. As a regulated financial institution, Bitandpay must adhere to all security protections set by the Swiss government.