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MyPaylinQ – Payments at Online Casinos
Since the United States still highly regulates online casinos, MyPaylinQ used to be a great way to bypass the limitations on playing online casinos for Americans. It was the only e-wallet that ever accepted U.S. players.Gaming enthusiasts only needed to sign up for the e-wallet, deposit money from their banks, and have it deposited to their favorite online casino. MyPaylinQ invested so much on convenience, speed, and the safety and security of your money.However, and unfortunately, the MyPaylinQ services are no longer available.
Our American Players’ Favorite MyPaylinQ - With Ratings! Updated January 2021
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MyPaylinQ acted as the middleman between your bank and your preferred online casino. Which meant that deposits were quick and instant. All you had to do was register for an account at its official site, and then fund it using your credit card or via bank transfers. You’d then use the money in your MyPaylinQ account to fund the online casino account
Once the money showed at the casino’s webpage, American players were free to gamble and enjoy different games offered by the site. The fact the cash was available in your MyPaylinQ account meant that you could move the money to another online casino website, hence flexibility.
Just like the deposits, the withdrawals were just as fast and instant. However, players were only allowed to withdraw using MyPaylinQ if the deposit was via the same method.
All you had to do was go to the withdrawal page, select the payment method, enter the details required, which included the amount you want to withdraw and confirm the withdrawal request.
Mostly, verifications were done during the deposit process. You’d be asked to confirm your identity by filling out a credit card authorization form, scanning it, and sending it to the support team who’d activate your account right away.
And, since the deposit details are captured in the casino’s system during a deposit, the withdrawal process was smooth, instant and with minimum verification procedures.
Being the only e-wallet operating within the United States at the time, which supported online casino gaming, this method was expensive.
Online casinos have varying deposit limits, but that aside, as a new player using MypaylinQ, you were only allowed to make a first deposit up to a maximum of €100. The more you used it, the higher your limits grew.
Although it cost you nothing to deposit from MyPaylinQ to an online casino of your preference, banks charged a whopping 6% to 7.5% on every deposit. This transaction took place via wire transfers, money orders, and cash transfers.
Things became tricky when withdrawing from the online casinos. While most casinos offered (and still offer) minimum cash-outs of €20, when it came to using MyPaylinQ, the minimum was always €200.
It even got worse when it came to withdrawing your money from MyPaylinQ to your bank account. For wire transfers, you were charged €45, as cash transfers and money orders charged €25 and €5 respectively.
When playing at online casinos from within the US using MyPaylinQ, players were offered attractive welcome offers and reload bonuses
On top of that, players also got between 5% to 25% of the amount transacted in bonuses for using MyPaylinQ.
It’s a pity this method is no longer in service, because it made it easier for Americans to play at online casinos.