Rapid Transfer Casinos

What is Rapid Transfer?

If you are an ardent gambler, you’ve probably heard about Paysafe. It is the brand behind the popular e-wallet Skrill. The latter has gained massive popularity over the years.

However, not everyone is familiar with Rapid Transfer yet. Though it is not as popular as Skrill, it commands attention. But first, what exactly is Rapid Transfer?
Rapid Transfer is an instant payment solution by Skrill. That doesn’t mean that this platform is an e-wallet.

Unlike e-wallets, Rapid Transfer doesn’t require an account. Instead, the platform facilitates instant money transfers. Simply put, the payment method is specifically for direct account-to-account transactions.

The payment solution seeks to add a layer of security to transactions. It is ideal for players seeking instant payments. Using this method, you won’t wait around for transactions to process.

But the platform doesn’t work like Skrill. It’s only established under the Skrill label.

In fact, users take advantage of the platform without Skrill accounts. You can actually use it to fund your Skrill account. Again, you won’t need to leave the casino site to make Rapid transfers.

The payment option is accepted globally. Over 170 banks across the globe support it. Besides, all the reputable casinos in Europe accept Rapid Transfer.

Since you don’t need an account, you are safer. Your banking and personal data are not exposed to scammers.

But the payment option is not only available in Europe. Players in other countries can use it as well. Provided your casino supports Rapid Transfer, you are good to go.

Overall, Rapid Transfer is available in different continents. So, you don’t have to worry about its availability. Besides, the platform supports different currencies.

But don’t panic about the platform’s command language. Besides English, the payment method also features other languages like Italian and Polish.

Rapid Transfer Fees and Taxes

Rapid Transfer is an independent Paysafe payment solution. But it’s established under Skrill. For this reason, Skrill’s fees apply.

Rapid Transfer acts as a mediator between merchants and bank accounts. Thus, the charges are the same as for bank transfers.

For casino deposits, everything is free. Rapid Transfer will charge nothing to fund your casino account.

Since this payment method is not for withdrawals, we recommend Skrill. Similarly, Skrill withdrawals are not charged. Regardless of the withdrawal amount, the transaction is free.

However, check to ensure that you stay within the casino limit.

Skrill deposits and withdrawals are processed instantly. You don’t have to wait for long hours to get your money.

However, some casinos may impose some charges on their own. Some charge as high as 2.5% on deposits. However, withdrawals are free.

It is crucial to note that the charges are independently imposed by casinos. Hence, before settling on a casino, ensure you do sufficient research. Perhaps that could include checking out our reviews at Correct Casinos.

Depositing money to your bank via Rapid Transfer is not free. In EU countries where the service is available, players pay a 1% fee. But as you can see, the charge is quite reasonable.

Similarly, bank transfer withdrawals will cost you. Each withdrawal attracts a flat fee of $5.5. This is regardless of the transaction amount.

Away from that, Rapid Transfer charges transactions that involve currency conversion. Players will pay a 3.99 percent rate to have their denomination changed. Also, the rate here is flat and does not change with the amount.

To sum up, find out the various bank charges before settling on one.

Rapid Transfer Market Coverage

Rapid Transfer has been on the market scene for over 5 years now. The platform continues to gain popularity. Perhaps it has been orchestrated by its excellent reputation.

But the platform could also be swimming under the glory of Skrill. Paysafe’s Skrill has been a global pioneer for a long time. The e-wallet has gathered a wide client base globally.

Many casinos across the globe now enlist Rapid Transfer for transactions. Besides being fast, the solution is also reliable. The only major downside is the lack of withdrawal functionality.

Across all the casinos enlisted, none supports Rapid Transfer withdrawals. Players have to invest extra effort to find alternative methods. But luckily, Skrill does support withdrawals and is widely available.

Currently, Rapid Transfer serves over 200 million customers. The payment method is majorly used in EU countries. Some of these countries include;

• Austria
• Belgium
• Bulgaria
• Denmark
• Estonia
• Finland
• France
• Hungary
• Italy
• United Kingdom
• Sweden

Further, the payment method supports multiple currencies. Wix account users should note that their currencies must match Skrill’s. If not, they may not make transactions.

Some of the currencies supported by the platform are

• The British pound
• Euro
• Swedish krona
• Norwegian kroner

Sofort

Like Rapid Transfer, Sofort is an online payment method. These two platforms work on the same principle. You also don’t need to register an account with Sofort.

All you need is an account with any of Sofort’s banks. With that, you’re good to go. Its safety levels are great, and it is supported by multiple casinos.

Instadebit

Unlike the Rapid Transfer, Euteller and Sofort, Instadebit requires an account. It’s still an online payment system.

To use Instadebit, you should first open a Canadian bank account. Afterward, head to the payment system’s official account and register.

You won’t need to fund it, but your bank account needs some cash. Basically, it works like Rapid Transfer.