Rapid Transfer Casinos 2024

Written by: Alanas Ivšinas

Last updated: February 26, 2023

Rapid Transfer Casino

A Rapid Transfer casino is any casino that offers this banking method as part of its deposit methods. Suppose you decide that Rapid Transfer casinos 2024 is the best option for you to finance online gaming. In that case, you can find reputable casino sites that accept Rapid Transfer in our guide.

Rapid Transfer supports more than 3,000 banks worldwide. For this reason, it’s a widely used payment processing service with offices in Europe and the US. The global nature of Rapid Transfer means you can find casinos using the Rapid Transfer payment method in almost every gambling jurisdiction. You can also use it with more than 40 currencies.

The Paysafe Group owns Rapid Transfer, Skrill, Neteller and Paysafecard, and the international office is in the UK. They hold a licence to supply financial tools for electronic money transfers by the country’s Financial Conduct Authority. Skrill and Rapid Transfer are now also available in the US. Still, some of the functions available to European users are restricted. Even so, US customers can use Rapid Transfer gambling sites and casinos.

FAQ

Our team of expert online gamblers and reviewers have answered a few of the questions that e-games enthusiasts often ask about the Rapid Transfer payment system. Our team loves answering questions and helping fellow gamblers understand the options open to them.

Rapid Transfer – an Instant Payment Method Provided by Skrill

Skrill introduced Rapid Transfer to help users top up their e-wallet in 2016. Skrill launched it in the UK, Germany, France, Spain, Italy, Austria, and Hungary. The Skrill Rapid Transfer service has grown into a globally available payment solution with a reputation for fast, safe payments. You can now find Rapid Transfer casinos 2024 in most gambling jurisdictions accepting over 40 currencies.

How Rapid Transfer Works

Rapid Transfer by Skrill works in three easy steps.

• First, you select Rapid Transfer as your payment method.
• Then you add your online banking details.
• Lastly, you confirm your payment.

We give a more detailed explanation of using the casinos Rapid Transfer deposit option later. For now, it’s essential to know that Rapid Transfer Skrill leverages your bank’s security systems to ensure increased privacy of your data. You need to have your online banking details ready and confirm the transaction with any authentication measures your bank uses, like SMS or one time pins.

Compatible Devices

You can use Rapid Transfer from any browser on any device, including laptops, iOS devices, smartphones, and tablets. So you can use the Rapid Transfer website with any device. Also you can make deposits and withdrawals at a casino with Rapid Transfer from your mobile.

Rapid Transfer Security

Rapid Transfer doesn’t store your online banking details. It uses the security systems already integrated into your online banking to keep data secure. Additionally, Rapid Transfer uses Secure Socket Layer (SSL) security and Verisign to keep your transfer secure. These factors make Rapid Transfer one of the most secure fast online payment methods available today.

Loyalty Program

All transactions using Rapid Transfer count toward Skrill’s loyalty program Knect. The Knect loyalty program awards you one point for each euro spent or transferred. You can exchange points for electronic cash, gifts, or rewards from the Knect program. To start using the Knect loyalty program, you first have to sign up through your Skrill account. You also redeem points from the program using your Skrill account.

Fees and Time Frames Using Casino Rapid Transfer

Although Skrill often advertises Rapid Transfer as a free service, they charge a 1% transaction fee for deposits. Receiving money via Rapid Transfer is free, and there’s no charge for registering a Skrill account. They also charge administration fees for prohibited transactions (up to €150), reversal fees (up to €25 per attempt), and a provision of untruthful or inaccurate information fee (up to €150).

Deposits at Rapid Transfer online casinos reflect on your account immediately. You can begin playing real-money games as soon as you have confirmed the deposit via your online banking authentication method. Rapid Transfer allows a maximum withdrawal limit of €5,000 and a deposit limit of €10,000. The minimum transaction limit is €10. If your bank has lower limits, those apply to the Rapid Transfer method, and you need to have enough funds in your account to make the transfer.

Advantages of Rapid Transfer Online Casino

Using Rapid Transfer for gambling and other online purchases has several advantages over similar providers.

• Broad global reach: Rapid Transfer and Skrill have global reach compared to using other methods like Euteller casinos or even Klarna casinos. The global reach means that you can choose between a more extensive selection of online casinos using this payment method.
• Security: Rapid Transfer uses your bank’s security protocols, which means you’re already familiar with the authentication processes. They also add their own SSL and protection for data privacy.
• Over 40 currencies: Rapid Transfer supports over 40 currencies, including NOK, EUR, GBP, and DKK.
• Loyalty program: Using Rapid Transfer also contributes to Skrill’s loyalty program Knect. You earn points that you can redeem for rewards or electronic cash at a later date.
• Support: Rapid Transfer and Skrill customer support is excellent and always answers customer queries by telephone or email within 24 hours. As part of the Paysafe Group, the Rapid Transfer payment system has the backup of a large conglomerate with superior resources and international experience.

• Low fees: The deposit fee of 1% is reasonable and lower than similar payment systems. Even payment processing methods that don’t charge the customer charge the merchant, and that cost is passed on to the consumer.
• Also designed for use with Neteller and Paysafe: As members of the same group, Neteller Rapid Transfer and Paysafe Rapid Transfer work the same as the Skrill Rapid Transfer.

Disadvantages of Online Casino Rapid Transfer

Rapid Transfer is well set out with many advantages over competitors, but every payment system has some disadvantages.

• You need existing online banking: Rapid Transfer works with your existing online banking account. If you don’t have an online banking account, you’ll be unable to use Rapid Transfer.
• You need to enter your details for every transaction: You need to have your online banking details available every time you make a transaction. Rapid Transfer doesn’t store your details to maintain security, so you need to enter them for every new transaction.
• No credit possible: You can only transfer funds that are available in your bank account. Some methods like Klarna casinos allow you to pay the amount off over an agreed period.

How to Deposit With Rapid Transfer Casinos

Making a deposit to your online casino account with Rapid Transfer is easy. Ensure that you have your online banking details with you before you start the transaction.

• Log in or register at the Rapid Transfer casino of your choice.
• Select the cashier or payments tab on the gambling site and select deposit.
• Select the amount you want to deposit and select Rapid Transfer as your preferred method.
• The gambling website directs you to the Rapid Transfer page, where you fill in your online banking details.
• You confirm the transaction using your bank’s verification methods. Typical verifications could be SMS, one time pin (OTP), or notification on your banking app.
• Once your bank verifies the deposit, it reflects immediately on your casino account.

A few common reasons for transaction failures are:

• Insufficient funds in your bank account;
• Suspected fraud;
• Not verifying the transaction through the bank’s authentication methods.

Verdict

Rapid Transfer is an excellent choice for online gamblers who don’t want to use an e-wallet or share their banking details online. If you already use Neteller casinos online, Paysafecard casinos or Skrill online casinos, transferring funds is easy and instant. Although the money reflects instantly on your account, alternative methods like Boku casinos work just as well with similar safety levels. Our final verdict is that Rapid Transfer is best used with one of the other wallets or cards offered by the Paysafe Group. It doesn’t add any value to online gamblers unless they want to avoid sharing banking details with a credit card casino or MasterCard casino online.

Written by:

Alanas Ivšinas

iGaming industry expert

Experienced Senior level iGaming industry expert. With 10 years of experience in iGaming industry. With high focus on new casino and betting brands development. Have work experience with such big names as MatchingVisions, iBusmedia, Oddschecker.