Entropay Sportsbook Withdrawal
Introduction
Entropay is online payment method that was designed in association with Visa and is supported by it too. While other forms of payments are restricted by support from the online merchant, Entropay is available wherever Visa cards are accepted because an Entropay account is nothing more than a virtual Visa card.
It is prepaid in the sense that you have to make a deposit into the Entropay account. This is one of the best features as you don’t have to get a credit history check done before applying, unlike for a normal credit card. Thanks to its support by a reliable company, Entropay is accepted by a majority of sportsbooks on the internet.
How it works
If your sportsbook accepts Entropay, which is very likely, you can just enter the 16 digit virtual Visa number and make a deposit and start betting. This process usually needs an authorization from the Entropay account which takes only a few minutes. When you have won your bet, you can withdraw the amount into your Entropay account.
This process is not always free and it depends on the sportsbook that you are dealing with. However, the charges will not be more than 2% of the amount that you are withdrawing. Moreover, note that withdrawal is not instantaneous and takes 1-2 days.
Once the money is in your Entropay account, you can withdraw it back into a bank account. This process to is chargeable and takes around 3-5 business days depending on the bank and type of account. Considering the charges and time taken, it is advisable to use Entropay for just online purchases as it is accepted wherever the Visa card is accepted.
Other features and notes
While Entropay is backed by Visa, note that it can offer virtual MasterCard as well. There really is no difference between the two except the number of merchants that accept Visa is higher.
;void(0);)