Guide to KoalaPays Payments in Live Casinos
KoalaPays Casino payments may be an answer to many questions about hassle-free deposits and withdrawals online. The thing is that KoalaPays can serve simultaneously as an e-wallet, a money transfer service, and a currency exchange solution for 20+ fiat currencies and several cryptocurrencies.
What is more, once you’ve registered an e-wallet with KoalaPays, you can then open several accounts in multiple currencies and not feel tied to online casinos working with one particular type of cash. Plus, because it is an e-wallet, you can process both deposits and withdrawals. And specialized KoalaPays apps for Android and iOS will allow you to make those financial transactions swiftly and efficiently.
Now, targeting-wise, we’ve spotted KoalaPays mostly in international and Curacao-licensed lobbies. These are mostly Australia-friendly places to bet and win and websites accepting Canada and New Zealand. Plus, some of these online operators are multi-betting ones. They have slot machines, live dealer content, Sportsbook, and sometimes lottery and Racebook.
In this guide, we will be taking a closer look at the online operators that already added KoalaPays to their cashiers (there aren’t that many but we are sure it is only a matter of time until the list starts growing). Plus, we will be exploring ways to create KoalaPays accounts and e-wallets, claim promotions, and request withdrawals.
Things to Know About KoalaPays
KoalaPays is a business based in the Czech Republic. It was launched in 2020. It is monitored by the Czech National Bank and is delivered by a team with 40+ years of combined experience in the reloadable pre-paid card business. Despite being Europe-based, KoalaPays partners with global businesses to provide truly international services.
As we’ve already mentioned before, KoalaPays works like an e-wallet, a money transfers service, and an exchange platform. The solution describes itself as being quick to set, easy to use, and free of charge.
While all of these statements are true if you are a business, there can be certain delays and complexities if you are a private individual. The thing is, KoalaPays does not support personal accounts, only the business ones. Therefore, you will either need to open an account on behalf of a firm or be a customer/have a commercial relationship with a company that already has a KoalaPays account.
Now, we know what you’re thinking. It is not very professional to have your company associated with online gambling or to have online gambling bills showing in your professional account. For these purposes, KoalaPays allows adding separate IBANs and processing payments (any payments, not only those connected to gambling) via SEPA or SWIFTs.
In order to open an account, you will need to:
- Pick a name and a password.
- Provide the full company name and e-mail.
- List the names and contacts of directors and shareholders.
- Specify the company’s website and contact information.
- List the country, address, city, ZIP code, and business sector of the business;
- Choose the preferred currency, and specify whether you’re a VAT payer.
- Click on Register.
Top 3 Benefits of KoalaPays
It Is Safe
The method complies with the rules and regulations of the Czech National Bank and follows all the security protocols.
It Is Affordable
The service applies low fees to its transactions.
It Is Casino-friendly
KoalaPays is already available at some of the best live casinos and the list of online operators accepting this payment method will surely get longer in the nearest future.
Top Live Dealers Casinos
Making Deposits with KoalaPays
Most of the websites in our database that are compatible with KoalaPays, are also friendly to international traffic. Among others, we can recommend DuckyLuck. Launched in 2020, it processes deposits and withdrawals in digital and regular currencies, accepts players from Australia, Canada, and the United States, and has several software providers in its lobby.
Another great location that processes payments via KoalaPays is Sports and Casino. This is a multi-betting lobby with 100s of games, a live lobby, and Sportsbook. Plus, unlike DuckyLuck, it has more than five software developers in the library. The list of providers includes BetSoft, Dragon Gaming, and Qora Games.
Making Withdrawals with KoalaPays
Usually, the service works both ways, but with online casinos, it may be tricky. Not all live dealer casinos may be able to process revolut withdrawals. If it is possible, then the payout process is as follows:
- Check if your account with wins meets the recommended minimum cashout limits.
- Request a cash out to KoalaPays.
Our Opinion About KoalaPays
When it comes to claiming welcome bonuses while depositing via KoalaPays, much will depend on the specific terms of a selected online operator. In our opinion, it is best to consult with the help desk representatives of a selected gaming lobby.
Meanwhile, each of the websites in our database that accepts KoalaPays, also has lots of incentives to choose from. There are welcome deals, ongoing propositions, cash match offers, bonus spins, reloads, and sometimes even cashback.
For instance, when registering at DuckyLuck, you can count on a hefty welcome package covering several initial deposits. The deal contains cash and bonus spins. The rollover requirements are 30xBD, and slots will contribute 100% to the rollover requirements.
At Sports and Casino, the sign-up incentive is a 300% welcome deal with bonus spins. The playthrough requirements are 30xBD. Plus, there are offers for sports, as well as ongoing reloads and bonus spins. Finally, at JacksPay, the welcome bonus is a 300% cash match up to 600 USD. It comes with bonus spins and the rollover terms of 40xBD. The offer is non-cashable.
KoalaPays: Frequently Asked Questions
If you already have a KoalaPays account, head to the cashier of an online operator and choose this payment method. Choose between an e-wallet or an account (this might not be an option at all for the casino cashiers), decide on the amount you’d like to deposit, and confirm the transaction.
If an online operator supports such a service, then yes, you will be able to withdraw via an e-wallet. In order to do this, you will need to have a minimum required by a casino available on your payout balance.
Much will depend on the selected casinos. In 99% of cases, deposits will be free of charge, and fees on cashouts will depend on the country and the amount requested. Plus, you should consider additional fees for topping/unloading a KoalaPays e-wallet.
Yes, KoalaPays has a convenient mobile app for iOS and Android that will allow you to easily manage all the financial transactions on the go.