UnionPay Online Casinos

Players across online casinos are faced with the challenge of finding the right payment method to use for them to fund their online casino s and cash out their winnings. The right solution means a payment method that would allow them to transact to and from online casinos in a safe, cost-effective and timely way.

While there are many options they can explore, many payment methods are not available to them, due to country restrictions. But not UnionPay. This is a global payment processing service available across over 170 countries in the world, offering all kinds of products, top-notch security and many other benefits. Stay with us to learn more about it.

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UnionPay FAQs

About UnionPay

As a contender to giants like Chinese market, it has managed to achieve massive coverage, all across the globe.

China, being a global force, and UnionPay being one of the most popular payment solutions in the country, were a combo other countries wouldn’t want to miss. Therefore, throughout the years, 67 prominent banks and financial institutions started accepting it. The brand eventually expanded over 179 countries, with issuance in 63 regions and countries, across 2,400 institutions worldwide. It is today quite popular in mainland China, Europe, Central and Asia and South Pacific, and Central and Eastern Europe.

How and why did the service become so popular and attractive in all of these regions? Well, since it started in China, many international e-commerce platforms started accepting it. With that, many potential s became interested in obtaining a card issued by it. And with that growing interest in the rather convenient products, UnionPay International was born.

Types of Services Offered

The payment processing company initially started issuing debit cards only. s could get their card at their local bank and use it across many land-based and online platforms. Not long after, UnionPay started issuing UPayCard, in 2019, it enrolled its first virtual card, too.

Since mobile devices and gadgets have taken the world by a storm, UnionPay has also rolled out three other products, for a more seamless mobile banking experience. You can its app and enjoy greater accessibility to your funds. You can choose to purchase from a range of wrist devices, with special features to process payments straight from the bank that is linked to your card. Plus, you can use QR code scans to process payments and transfer funds.

The range of services offered is incredible. That’s why the payment processing company quickly became a leader on a global level, keeping up with the latest tech developments and advancements in the world, and allowing s to tailor their banking as it fits their daily needs and habits. When you learn how to get started with it, you’ll see that it is also quite easy and convenient to start using it.

To get started with it, you would need to check first whether it is an eligible service in your country. Close to 180 countries accept it, but it can be issued in 63 of them only. If eligible, you would need to find a bank that issues UnionPay cards. Then, you would need to follow these steps:

• Fill out the application form with the required personal details.
• Provide copies of any needed documents.
• Specify the product you’re applying for.
• Wait for the card to be approved and issued.

The best thing about the issuance is that normally, the bank would give you the card straight away, on the same day, while you’re still at the bank. Sometimes, it takes the bank a few days to process your card and send it to you via mail. Nevertheless, you won’t need to wait for weeks for your card to arrive on your doorstep.

How to Deposit with UnionPay?

You’re probably already aware of the fact that UnionPay is pretty similar to MasterCard and VISA. Therefore, you probably know what you would need to do to start using it across online casinos. On that note, you should know that many casinos accept it as a payment solution, so you won’t have any difficulties finding one that does.

After you a casino that accepts it, to fund your , do the following:

1. Visit the casino’s Banking/Cashier page and find UnionPay’s logo.
2. Click or tap on it and thanks to geolocation you’ll get a list of the banks in your country that collaborate with it.
3. Choose your issuing bank and enter all the card details needed (name, expiration date, card number and CCV code).
4. Enter the amount you wish to deposit and confirm your transaction.
5. Instantly, the money will be transferred to your online casino balance.

Keep in mind that you need to check whether you have enough money or line of credit to complete the deposit before you confirm the transaction. Unless you have, the transfer will be cancelled.

How to Withdraw with It?

If you’ve managed to successfully make a deposit at your chosen online casino, chances are, you’ll get the opportunity to cash out your winnings with it as well. However, make sure you consult with your casino before you try and make a withdrawal with it, as not all online casino accept it for payouts.

Suitable alternatives would be suggested in case it doesn’t, but if the casino does accept withdrawals with UnionPay, you would need to go through the same procedure as described above, only this time instead of specifying how much you wish to deposit, you would have to specify how much you want to cash out.

Also, this time, the casino would need some time to review and process your request and check whether you have enough funds to cash out. It would need to check whether you have any wagering requirements left unmet, but if all is in order, in a few days, you will have the money on the you have with the issuing bank.

Limitations and Country Restrictions

As mentioned several times, UnionPay is available globally, across close to 180 countries in the world. Therefore, if interested to know whether it is available or restricted in your country specifically, you would have to do a little digging of your own.

If you want to use its app, you should know that it is available in only 35 countries, including Australia.

Other than these, the payment processing service is entirely dedicated to eligible s. It does not come with any other specific restrictions or limitations, therefore, if available in your country, you can use it as it suits you. You should be aware, though, as with any card-issuing service, you would need to pay some small fees when transacting with the card, charged by your bank.

Advantages and Disadvantages

The diversity of services and global coverage make UnionPay an excellent payment method to use across online casinos. First off, it is accepted at a huge number of casinos, for both deposits and withdrawals. Secondly, it is accessible for players from all across the globe, from 179 countries, to be more precise. Thirdly, it can be accessed and used across multiple platforms, mobile, desktop and wearable payment devices.

Then, you have the fact that it is safe and secure, protected with encryption certificates and additional protection and security measures by the many ed prominent banking institutions all across the globe. Add to that the fact that it is available in many languages, and you’ll see why it is a solution fitted for any player across the globe.

In short, the advantages of using it would be plenty, compared to the two minor disadvantages. The first downside to it is that it comes with small fees. These fees are charged by the issuing bank, so we cannot tell you precisely the one you’d need to pay, so you’ll need to consult with your bank. The second drawback is that, while accepted in 179 countries, it is issued in only 63. Your country may not be on the list of issuing countries, so you better check that out before you decide to use it.

Final Analysis

If looking for a card, be it a credit, a debit, a prepaid or a virtual card, by a prominent name in the financial world, consider using UnionPay. Not only is it as great as MasterCard and VISA, but it allows for far more innovative solutions and products to enhance your online gambling experience. It is the perfect solution to use across online casinos as it allows for instant deposits, cost-effective and secure transactions, and even quick withdrawals. It can be used via many devices, mobile and desktop by default, but also wearable payment devices.

A range of services and products is not the only thing you get when you choose to use it. The global coverage, the fact that it is accepted in close to 180 countries worldwide is what makes it such an available solution across online casinos, too. You also get a long list of casinos which accept it, as it has found its way into the online gambling industry and is here to stay, shoulder to shoulder with MasterCard and VISA.

On the other hand, you have the fact that it comes with small fees. To know the exact fee you’ll need to pay to transact with it, you would have to consult with your issuing bank, as banks are the ones that charge the fees. Other than the fees, this solution comes with practically no other downsides. Sure, the country eligibility is a drawback, since the card can be issued in 63 out of the total of 179 countries that accept it. But that’s still a pretty long list of eligible countries, so we cannot say that it is a real disadvantage. Therefore, weigh in the pros and cons and you’ll see that UnionPay is a solution worth considering and using across online casino sites.