What is Payforit
The method is similar to a number of other mobile payment options such as Boku. It allows players to make simple and secure transfers to their casinos of choice - provided those casinos accept Payforit payments of course. This payment option is so straightforward in fact that all you actually need is a mobile phone number registered in Ireland. In fact, this is one of the reasons that Payforit is such a popular option - there's no need to create an account.
There are two different ways players can use Payforit and this depends on the contract they have with their mobile phone provider. As the deposit amount is simply added to the phone bill, if the player has a monthly contract, this deposit value will simply get added to the bill at the end of the month. For players using pay as you go, it's still possible to do, but the charge will come instantly and directly from the available balance on the phone.
Highlights of Payforit
One of the biggest highlights of Payforit is the fact that you can easily bypass a number of the more normal requirements set out by online casinos. This includes not having to put in bank details, or even making an account with the casino itself in some cases. For those out there from the smartphone era, not needing to pay using a debit or credit card is a godsend, so this payment method is right up their alley.
The fact that players never have to link their online gambling to their bank account is a huge positive for most people. It means that the whole process is much more secure. It also keeps things a little more anonymous for players who don't wish for their online exploits to be known. This means that it's also harder for anything to go wrong - hackers will find it a lot more difficult to get access to player accounts.
Finally, this method is very fast. The fact that all a player needs to do is type in their phone number and the amount they mean to deposit ensures that things happen speedily. The deposit will turn up instantly in the player's account ready to be used. The only thing to bear in mind is that for those using pay as you go, they will need to ensure their current balance covers what they intend to deposit.
How to deposit money with Payforit
1. Have a registered Irish phone number
2. Choose an online casino
3. Head to the cashier page
4. Select Payforit, enter phone number and deposit amount
5. Receive confirmation text
How to withdraw money with Payforit
1. No withdrawal option
How safe are you when using Payforit
As we've touched upon, Payforit is an incredibly safe and secure electronic payment option at online casinos. None of the player's financial information is ever given to the casino website. Everything is done via the phone, including the confirmation. What this means is that if anyone intended to hack it or pay using that actual account, they would have to be physically holding the phone to ensure that the transaction went through. This ensures highly secure transactions are possible.
Just because it has the added levels of security, doesn't mean that players can use it anywhere. It is still important to check the actual casino site being played at. Always ensure that it is licensed and regulated as well as making sure it officially accepts Payforit as a payment option. Payforit also runs only with very specific mobile networks, all of whom have passed strict tests to ensure that those networks meet requirements for security.
Are there any transaction fees when using Payforit
One of the really great things about Payforit is that it's completely free across all Irish networks, both big and small. There is no commission cost for the user whatsoever. However, this doesn't mean that there aren't any fees from the casino end. Some of the casinos offering Payforit as a deposit option do elect to add a small fee. However, this doesn't mean all casinos will do this, players might just have to shop around a little to make sure.
In fact, we recommend that players wanting to select Payforit as their chosen payment method should always check the fine print before signing up. It's also a good idea to check the provider rates for the network being used. Whilst there may be no charge for the actual transaction, some network providers may charge for the incoming confirmation texts that are necessary in order to complete the process. Don't get caught out, check all the terms and conditions!
Summary: Pros & Cons of Depositing with Payforit
For the most part, Payforit offers a really great payment platform for those living in Ireland. The main benefit is the fact that it offers that highly secure platform. Whilst there are a number of steps to go through in order to get the transaction processed, the confirmation texts actually move things along pretty quickly. This ensures that not only is the transaction secure, but nice and fast too. The provider is also bound by strict laws ensuring it follows specific guidelines.
There are some disadvantages though. The main one would be that it is limited in how much can be deposited at any one time. In this case, deposits can only be made up to €30 per transaction. However, some do see this as an advantage as it means that if anything does go wrong, or the phone is stolen, no more than €30 can be lost. It also means greater control over the bankroll for players who might struggle.
The biggest downside though is the fact that it can only be used to make deposits. There is no option to withdraw to this provider so players will have to use an additional method if they wish to claim any winnings. However, this can easily be done through an eWallet of some kind, which also offers fast turnaround times. At the end of the day though, the speed and ease of use that Payforit offers will endear itself to many.