New EntroPay Casinos
Important: Entropay has ceased providing its services on 1 July 2019. You no longer have access to your account through Entropay.com. Withdrawals can only be made by contacting Entropay by email at support@entropay.com before 1 July 2025. Go to the EntroPay page for more info.
Advantages and Disadvantages of EntroPay
Advantages:
+ Relatively Anonymous
+ Broad scope of use
+ Simple and convenient
+ Top-level security
Disadvantages:
– Withdrawal limits as low as £/€/$ 300 a year
– Too many charges for depositing money
Short Facts
Company Name: Ixaris Systems Ltd E-mail: support@entropay.com Website: www.entropay.com Transaction Time: Instant Min Transaction: 10 $/£/€ Deposit Fee: 0$/£/€ | Established: 2000 Phone Number: +44 (87036) 66960 Security: Encryption, Authentication, Firewalls, and other security measures Currencies: 14 Max Transaction: 10 000 $/£/€ Withdrawal Fee: 0$/£/€ |
EntroPay is an electronic payment solution that was conceptualized in 2000 as a virtual debit card. It was finally launched by Ixaris Systems Ltd, in early 2003, and did a major rebranding in 2010, after which it went global. The flagship product of EntroPay remains its prepaid virtual card, which can be used to make payments in places which accept VISA and MasterCard payments. The services are offered directly via online transactions or via phone. The company made the first batch of virtual cards in 2002 and gave hundred such cards to its employees and random people to test. Today, the company operates more than 1.5 million cards (virtual and physical) in more than 90 countries of the world. The rise of EntroPay has been phenomenal and the reason is its convenience and ease-of-use. EntroPay remains the first European virtual prepaid card provider and has opened a unique way of connecting businesses with customers. Today, there are millions of business units that accept and use EntroPay cards as it frees them from unnecessary charges and fees. EntroPay doesn’t complicate things with too many details, and the only thing you require to get your EntroPay card is an email ID, and you are ready to carry your funds in a digital wallet in a cost-effective way.
A new look
EntroPay recently completed its second brand reshuffle in July 2017. It emerged with a refreshing new look, which will definitely improve the user experience and make transactions faster and more transparent. The company launched three new levels of account type, Basic, Standard, and Pro. Each will cater to different kinds of customers, with the Basic accounts having validity of £/€/$ 300 worth of deposits in a year. Basic account holders won’t be able to withdraw money from their account. The Standard account holders get a minimum deposit limit of £/€/$2500 a year and a withdrawal limit of £/€/$ 800 a year. The Pro account holders get a deposit limit of £/€/$ 20000 a year, and a massive £/€/$ 60000 maximum annual withdrawal limit.
Fees with EntroPay
The pricing policy of EntroPay cards has a clear advantage over regular card users, or for people who are worried about credit-worthiness. EntroPay believes in providing a payment gateway to everyone, irrespective of their location or credit worthiness. Hence, you won’t experience any interest charges, over-limit fees, or late repayment fees. The company also survives on fair-pricing strategy and their service charges are fixed for every country.
Get started in minutes
Basic services like creating a card, making an online purchase, or opening a new account are free and can be done instantly. To recharge your EntroPay by the balance of another EntroPay card carries a flat service charge of £/€/$ 0.10. If you use your debit/credit card for recharging your EntroPay card, you will have to pay 4.95% of the transaction value, while the same for direct bank transactions is 1.95% of the amount. If the funds are to be converted into a foreign currency before payment, EntroPay charges 2.75% service charge and a 2% Foreign exchange fee on international purchases. EntroPay charges a variable rate for withdrawing money from your bank and is limited within £/€/$ 1.49-7.99. The company also charges a monthly fine of £/€/$ 2.50 as account dormancy fee, in case your account has been dormant for 6 consecutive months. EntroPay also charges £/€/$ 15.00 as chargeback processing fee and £/€/$ 3.00 for closing your account and withdrawing balance to your credit/debit card.
Recently, EntroPay launched a plastic MasterCard, a physical pin-and-chip plastic card which will have a prepaid balance. It can be used at any VISA, MasterCard payment gateway or in ATMs to withdraw hard cash. After your application is processed, the company will send you your plastic card along with your pin via post.
Using EntroPay at new online casinos
EntroPay Cards come with a 16-digit code, an expiry date and a three-digit code (equivalent to CVV in VISA and Mastercard). The user has to first fund his cards, either using credit/debit cards, bank transfer, or other EntroPay cards. You can use multiple funding sources saved for future reference. Local bank transfers may take 3-6 days, while card payments are processed immediately.
Making payments
To make payments in an online casino, first, make sure the casino accepts EntroPay cards as a valid deposit gateway. Then you can simply choose the EntroPay symbol after filling out on the deposit details. You will be diverted to the EntroPay page, where you need to validate the payment by putting in your email id and password or by putting in the card details of your EntroPay card. If there is a foreign currency conversion, you will be notified of the conversion rate along with service charges, before you complete the payment.
Withdrawals – The hardest part
Withdrawing money from EntroPay, however, is a bit complicated and lengthy. First, you need to make sure that the online casino allows funds withdrawal through EntroPay. If it does, you are good to go and you can fill out your details and validate the withdrawal. To withdraw the money from your EntroPay account, you need to send an email to the Help Centre from the EntroPay and issue a withdrawal request. Withdrawal money to your cards will cost you £/€/$ 6 per transaction and if you want the money transferred directly into your local bank account, you will have to shell out £/€/$ 3-8, depending on your native country.