Entercash is a rapidly growing Fintech payment method for depositing and withdrawing at online casinos in Canada and elsewhere in Europe. It was founded in 2011 and now runs out of Malta. It is regulated by the Malta Financial Services Authority (MFSA) and is fully compliant with the third EU directive of Anti-Money Laundering Guidelines. Entercash Ltd operates under the supervision of the Central Bank of Malta.
Entercash is a very safe and secure way to pay for goods online, as well as for making online casino deposits. Today, the Entercash network covers 18 countries, 4,300 banks and serves up to 100 million consumers.
Entercash is similar to payment methods such as giropay, sofort, and Trustly. You do not need to register an account specifically with Entercash, and you do not need to link it to a credit card or a bank account. If Entercash is a payment option on the casino of your choice when making a deposit, then select it when attempting to make a payment. Then all you have to do is follow these easy steps.
As with other similar payment methods, the one downside is that not many casinos offer Entercash at this stage. Though not that common currently, it should become more widespread. There is certainly a desire amongst consumers to reduce extraneous third-party interfacing. Even e-wallets, designed to collate all online financial activity in one place, have a fair amount of unnecessary registration administration that must be completed before a first payment can be made or received.
In Inside Casino’s humble opinion, payment methods that go through your bank are the future. Canada is starting to catch up with this idea now. If the casino that you have just joined has Entercash as a deposit option, then select it today. On this page, you’ll find the casinos that offer Entercash as such an option.