PayNearMe Online Casinos – A Different Payment Method for Online Gambling
PayNearMe is an easy way for players to make a deposit in their online casino account, using cash. This option benefits people who would prefer not to use a bank account or credit card or simply don’t have one. This service has been available since 2009, giving everyone the opportunity to fund their casino balance by paying cash over the counter, at one of the 25,000+ retail locations spread across the United States. In the relatively short time that this service has existed as a realistic alternative, it has become one of the most popular and fastest growing payment method brands within USA-based online gaming establishments.
Using PayNearMe at the Online Casino
Making cash deposits with online casinos that accept PayNearMe is a straightforward process, though arguably not the fastest. To use this method, players need to take some steps to make it happen. To make things more convenient for you, we’ve taken the liberty of listing them below – check them out.
- Find an online casino that accepts PayNearMe as a deposit method.
- Make sure the casino also offers a means of withdrawing cash winnings, PayNearMe provides a convenient way to deposit but not necessarily withdraw.
- Log into the casino and visit the cashier.
- Under the deposit options SELECT PayNearMe.
- Decide how you wish to have the PayCode delivered. This can be sent by email, message or printed card. There is also a PayNearMe app in the Apple/Google play stores that produce barcoded PayCodes.
- Take the PayCode to the nearest participating retail outlet, and hand it to the cashier along with the cash that is to be deposited.
After everything is good and done, the deposited cash will be charged to the PayNearMe casino account, and you will be given a receipt. Naturally, the funds will be instantly transferred and ready to use in your casino account. Bear in mind that at the point of a transaction, a flat fee of $3.99 will be charged to cover any costs – which when compared to other methods can be quite cost-effective.
The Benefits of PayNearMe
This platform offers some unique advantages to people that want to use a different payment method to fund their casino accounts. The first and foremost of those benefits is that PayNearMe is an excellent solution for players that do not have bank accounts, credit/debit cards, or e-wallet memberships – all of which are considered to be common means used in financial operations at an online casino. Another “pro”, is that this financial transfer method is a safer, and more secure option for those who would prefer not to make a direct electronic transaction, for fear of card fraud or identity theft.
PayNearMe provides complete anonymity by masking bank details; also, all deposits are instant. Funds will become available in the casino account the moment the transaction is processed at a retail outlet, unlike other payment methods which can take anywhere from 3-5 days. While the platform looks simple, all account details can be managed and reviewed (voucher codes and payment history, etc.) by the customer, through a PayNearMe mobile app available for all modern mobile operating systems and devices. There are no casino charges; only a small processing fee of $3.99, which is paid at the point of sale.
The Drawbacks of PayNearMe
Equally, there is a number of drawbacks to using the PayNearMe system at an online casino. The most obvious one, is that it isn’t the fastest payment method available to players. A transaction cannot be completed “at the click of a button”, because users will need to make their way to a retail outlet to physically perform a cash deposit. There is also a $500 daily deposit limit on cash transactions, which could be considered as a drawback by some.
While online casinos will not typically charge for making deposits, clients should expect a small “transfer fee” for every individual operation. Another significant downside to using it, is the fact that this method can’t be utilized for cash withdrawals. Players that use PayNearMe to make casino deposits, should always make sure that they can utilize a different financial transaction method to collect any winnings.
Availability of PayNearMe Online Casinos
While PayNearMe is a payment solution that swiftly gathers popularity, it is likely to be found at casinos which exclusively cater to US customers. The apparent reason for this, is that players will need to have a convenient, physical access to a 7-Eleven, ACE Cash Express, or Family Dollar store to facilitate a transaction. As these brands are entirely based in North America, the apparent drawback comes in the form of a natural geographical restriction. There are also gambling law limitations within the United States, which means that only regulated jurisdictions that have approved iGaming laws, such as in Nevada and New Jersey, can provide this payment option. This may change over time, potentially expanding the influence of the payment service across other states as well.
A Unique Payment Solution for Cash-Only Players
It’s not hard to see why PayNearMe is swiftly becoming popular in the USA, as it is a payment solution designed for players that don’t have many options when it comes to funding their online casino account. Overall, its platform is easy to use, requiring no complicated procedures to perform a deposit. The brand offers a safe and secure system, providing players with a high degree of protection against bank fraud and Identity theft. Although this method has its disadvantages, they are not significant enough to prevent people from using it. In fact, it is more likely that a number of gamblers will go out of their way in order to find PayNearMe online casinos, just so they can play their favorite table and slot games.