20 May

In the Know: Depositing at Online Casinos with Inpay

Inpay plunges into secure online casino payments.

Inpay Takes the Plunge into Canada with Secure Online Casino Payments

A long-time, safe and reliable way to transfer money overseas is now among the newest ways to make a secure online gambling deposit. Just recently, Inpay has begun facilitating deposits and withdraws for the global iGaming market, giving Canadians another reputable and dependable way to get funds from point-A to point-B.

Inpay deposits are only available at a very limited number of online casinos. At time of writing, I’ve only managed to discover four iGaming sites that accept this payment method. Of them, only two also accept Canadian players and CAD deposits and, unfortunately, neither of those are licensed by what I would call a reputable gaming authority.

On the bright side, because Inpay is such a distinguished payment processing unit, it is in a perfect position to strengthen its presence as a key provider of secure casino payment solutions. With that in mind, I’ve decided to go ahead and detail the up-and-coming international funding resource.

What are Inpay Global Payments

Inpay is a private, global payments network founded in 2007 by Jacob Tackmann Thomsen. With 25 years experience in payment-related fraud detection, Thomsen was a pioneer of online security systems, launching Inpay and other major companies, including a series of Danish IT, security and hosting companies under the wing of Netgroup Holdings.

Inpay has offices in Denmark, The United Kingdom, The Philippines and Singapore. It is regulated by the Danish Financial Securities Authority (FSA), and a member of the SWIFT System; the vast, international messaging system used by banks and other financial institutions to communicate information regarding financial transactions. Inpay operates in more than 60 countries around the globe, and accepts a wide range of major currencies, including Canadian Dollars.

These qualities alone speak wonders for the distinguished nature of the payment service. But enough of that. Let’s talk about what you really came here to read – how Canadians are able to deposit at online casinos with Inpay.

Inpay’s Secure Online Casino Payments

To use this method, look on your favorite online casino’s cashier page for the Inpay deposit option. If you don’t see it, they aren’t employing this method yet. If you do, press on it. Next, choose Canada as your country of residence, then look for the name of your bank or financial institution on the list provided.

How to Deposit at Online Casinos wit Inpay

If you don’t see your bank’s name here, it doesn’t mean you can’t use Inpay. However, it could take a bit longer to move the funds. Banks associated with Inpay offer instant transactions, while others take, on average, 6.5 hours to complete a transfer, and up to 24 hours at most.

If your bank support Inpay, you be redirected to the bank’s website and asked to log into your online banking account to complete the transaction. If your bank is not supported, follow the prompts to complete the purchase.

Pros and Cons of Depositing with Inpay

As always, there are advantages and disadvantages to using a particular payment method. Here’s what we’ve found so far with Inpay:

Pros

  • It’s free! Inpay does not charge any fees to users
  • Available in 60+ countries, including Canada
  • Bank’s association with Inpay not required
  • All transactions available in user’s local currency
  • Well-established, safe and secure payment option
  • Only available funds can be deposited (no credit)

Cons

  • Canadian network does not yet include any Big 5 Banks (at time of writing)
  • Lack of bank association can take up to 24 hours to deposit
  • Withdraws only (but not always) available at associated banks
  • Can’t hold a candle to Interac e-Transfers
  • Not currently available at any trusted casinos licensed and regulated in Canada or Europe.

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