The most popular deposit method in Brasil for playing at a live casino online is Boleto. More than 15% of all the online transactions in Brasil comes from Boleto.
The reason why Boleto is so popular in Brasil? You don’t need to have a bank account. A large part of the population there doesn’t have a bank account.
How to deposit with Boleto?
If you want to make a deposit you will need to have one of two things: a CNP number, that is a 14 digit Business Taxpayer Identification Number or a CPF, that’s an 11 digit Individual Taxpayer Identification Number. All the Brazilian taxpayers have such a number. Since it’s not likely to deposit from a business account we only concentrate on the CPF.
The company is most known for Boleto Direto. That functions as an online issued bank slip or bank ticket. The service does not require any previous registration.
Once you have registered at an online casino, you go to the deposit possibilities. Choose Boleto and fill in the form You’ll need the form to complete the transaction.
If you don’t have a bank account just take the form to an Atm or Bank and use cash money. The latter method will take three days before the money will be in your casino account.
The biggest advantage of this deposit method is that no bank account is needed. That comes in handy because almost 70% of all the Brazilians don’t have a bank account. As for security, the fact that Boleto Bancario is regulated by the Brazilian Federation of Banks (FEBRABAN) is bound to give you enough peace of mind.