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Online casinos accept players from all over the world. As such, they are always on the lookout for payment methods that can handle cross-border transactions seamlessly. PaySet was built from the ground up with that goal in mind, offering clients multi-currency accounts and competitive exchange rates.

One of the advantages of paying with PaySet is how convenient it is. The service lets you connect directly to your bank account without any extra setup. It also makes PaySet much simpler than its competitors, as most casino members are familiar with bank transfers. With so many upsides, it’s easy to see how this payment method became so popular.

This review will cover everything you should know about PaySet before using it in an online casino. Read on to learn if this banking option is right for you.

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About PaySet

Payset is a leading online payments platform based in London. Established in 2018, the service provides diverse and easy-to-use payment solutions. The company accepts payments in over 34 currencies, ideal for businesses with many international transactions. Additionally, PaySet allows users to exchange currencies through their system at real-time rates. The company operates under the watchful eye of the UK’s FCA, meaning it obeys local laws and regulations.

Target Markets

The service allows users to make payments in over 180 countries with ease. As such, online casinos with PaySet have the technical capabilities to cater to a worldwide market. All the transactions are handled using wire transfers and local credit and debit cards. That means members can add and remove money directly from their bank accounts.

PaySet Account

One of the many upsides of PaySet is that it does not require registering an account. The only requirement is having a bank account with one of the payment methods available in its gateway.

PaySet is a fast and secure online payment platform

PaySet is a fast and secure online payment platform

How to Deposit with PaySet?

Double-check if the casino you are playing on offers PaySet as a banking option. If available, navigate to the cashier page and find PaySet listed among the payment methods. Select the service, type in the amount you wish to add, and press Deposit. The website will open a separate window from which players can choose a local banking option to complete the transaction. If the deposit goes through, the funds will appear in your account.

How to Withdraw with PaySet?

Cashing out with PaySet works similarly to deposits. Open the cashier section, then browse all withdrawal options on the page. Pick PaySet and initiate the withdrawal to open the payment gateway. From there, find a payment method and follow the instructions on the screen to cash out your winnings.

Transfer Times, Fees, and Security

Depositing money with PaySet leads to near-instant deposits, which allow you to spend the funds as soon as they arrive. Unfortunately, the same cannot be said for withdrawals. Most banking options in PaySet’s payment gateway require one or two days to process the cash out request.

The service does not have any user fees by default. However, the payment methods it provides may impose extra costs when depositing or withdrawing money.

PaySet takes reasonable measures to protect any stored information from being stolen, misused, or tampered with. To that end, the company uses administrative, technical, and physical safeguards to restrict access to sensitive data.