10 Top-Rated Online Casinos Accepting iWallet

Why use your credit or debit cards to deposit money into your casino account when you can use iWallet instead? The online casino payment method of choice for the Asian market and beyond, iWallet, allows you to deposit, withdraw and transact safely, while staying within your budget all the time.

Functioning as an e-wallet with a convenient prepaid card as well, iWallet is the ideal solution to stress-free payments and responsible financial behavior. Simply charge your e-wallet or load your prepaid card, and you’ll be able to transact online, play your favorite casino games, and access your funds from an ATM too. All with the benefit of small transaction fees, and zero risk of spending on credit. Take a look at our guide to iWallet payments, and start enjoying the rewards of prepaid banking today.

Leticia "Letty" Santos
Written byLeticia "Letty" SantosWriter
Researched byPriya PatelResearcher

What Is the iWallet Deposit Method for Online Casinos?

With billions of dollars in annual revenue and thousands of loyal casino players, online gambling in Asia is a force to be reckoned with. That’s why, in 2009, iWallet was created – a prepaid deposit and withdrawal payment service designed to meet the specific needs of Asian players.

Founded in 2009, iWallet has quickly become one of the online casino payment methods of choice for the Asian market. Located in Hong Kong with offices in Europe and the Philippines as well, iWallet offers reliable, convenient and safe online casino banking to countries such as China, Japan and Malaysia, and has extended its services to Europe and the United Kingdom too.

Processing thousands of online gambling transactions every month with 100% transparency, iWallet offers an alternative to traditional casino payment methods like credit and debit cards. With a simple, user-friendly interface, iWallet allows casino players to deposit money into an e-wallet and use the funds to pay for online gambling transactions. The service also offers the option of a physical prepaid card for added convenience, and supports online casino withdrawals too.

Thanks to its stringent safety and anonymity, and its focus on responsible financial management, iWallet is becoming an increasingly popular payment option worldwide, with more and more casinos accepting iWallet payments every day. So, if you’ve been looking for a new way to bank at your online casino, iWallet could be the ideal payment solution.

Making iWallet Deposits

As one of the best casino payment methods in Asia and Europe, finding online gambling sites that accept iWallet should be a simple task. Once you’ve signed up with one of the many iWallet casino sites available, you’ll find depositing money into your online casino account a quick and easy process.

How to make iWallet online casino deposits

  1. Log into your online casino, and visit the casino cashier.
  2. Select ‘iWallet’ as your chosen deposit method from the list available.
  3. Enter the relevant details and the amount you’d like to deposit.
  4. Thanks to iWallet’s instant deposits, your funds should be available in just a few minutes.

You’ll then be able to enjoy your top casino games, and with zero iWallet fees to pay!

Depositing money into your iWallet

In order to deposit funds into your online casino account, you’ll need to transfer money into your iWallet first. With 12 international currencies supported, you’ll be able to do this in a number of ways:

  1. Deposit via international bank transfers: Send a bank transfer from your bank account to iWallet via any of the supported currencies, including USD, EUR, GBP, JPY, SGD, HKD, CNY, IDR, PHP, MYR, THB and VND.
  2. Deposit via credit or debit cards: Top up your iWallet with USD, EUR or GBP using your credit or debit card, and your funds will be reflected instantly. Please note that this option is only available to those who have upgraded their iWallet account to executive status.
  3. Deposit via local banks: Should you be an account holder at a local bank in China or Japan, there are also a number of bank transfer options available.

As you can see, when it comes to depositing money into your iWallet account and your casino account, you can look forward to instant transfers and a user-friendly experience from start to finish.

How to Withdraw Money at iWallet Online Casinos

Cashing out funds from your online casino account is just as easy as paying money into it, as iWallet supports both deposits and withdrawals.

How to make iWallet casino withdrawals

  1. Log into your online casino, and visit the casino cashier.
  2. Select ‘iWallet’ as your chosen deposit method from the list available.
  3. Enter the amount you’d like to withdraw.
  4. Your funds should be available in your iWallet account within 2 to 3 business days, and you won’t be charged any transaction fees.

Withdrawing money from your iWallet

Once your casino payment has been reflected successfully in your iWallet account, there are a number of withdrawal options available to you:

  1. Withdraw money via international bank transfers: Make a transfer from your iWallet account directly to your bank account. The only fees are a single charge of 0.5% of the amount you choose to withdraw, or $35, whichever is higher.
  2. Withdraw money via your iWallet prepaid card: If you have a physical iWallet prepaid card, simply transfer the money from your iWallet to the card, and make a withdrawal via any of iWallet’s supported ATMs around the world.
  3. Withdraw money via local banks: Should you be an account holder at a local bank in China or Japan, there are also a number of bank transfer options available.

With so many withdrawal options available, iWallet users can enjoy stress-free transfers and premium convenience. Just another benefit of the iWallet service.

iWallet Fees and Processing Times

When it comes to casino payment charges, iWallet leads the way in terms of affordability. While your online gambling site may charge a certain amount for the use of their banking facilities, the only fees you’ll incur from iWallet will be as a result of using your current iWallet account – deposits and withdrawals to and from your casino account will be free of charge.

Currently, iWallet users can expect to pay the following in terms of processing fees:

  • International bank transfers (deposits) – Free.
  • International bank transfers (withdrawals) – 0.50% of the requested withdrawal amount, or $35, whichever is the highest.
  • Prepaid card top-up via iWallet – 1.75% of the top-up amount, or $5, whichever is the highest.
  • Monthly account maintenance fee – Free
  • Inactive account maintenance fee – $20 (charged 180 days after the last transaction).

iWallet processing times

  • Deposits to your online casino account: Instant transfers.
  • Deposits to your iWallet account: Instant transfers when making deposits with credit or debit cards using UЅD, ЕUR оr GВР.
  • Withdrawals from your online casino account: 2 to 3 business days.
  • Withdrawals from your iWallet account: 3 to 4 business days for іntеrnаtіоnаl bаnk trаnѕfеrѕ оutѕіdе оf Аѕіа. Should a withdrawal take longer than this to reflect, please contact iWallet support.

iWallet payment method limits

When using your iWallet to make deposits and withdrawals, make sure to bear in mind the relevant daily limits:

  • Minimum deposit amount: $10
  • Maximum withdrawal (regular account): $1,000
  • Maximum withdrawal (executive user): $5,000 to $10,000
  • Maximum external transfer amount: $50,000/transaction

Countries that accept iWallet payments

As iWallet has been designed as a payment solution for the Asian market, it is accepted in a number of Asian countries, including:

  • China
  • Indonesia
  • Japan
  • Malaysia
  • The Philippines
  • Singapore
  • Thailand
  • Vietnam

iWallet is also available as a payment method in Great Britain and in Europe. However, it does not currently support transactions in Hong Kong or the United States of America.

Supported currencies

iWallet customers are able to make transfers to their accounts in any of 12 accepted fiat currencies, including UЅD, ЕUR, GВР, ЈРY, ЅGD, СNY, НКD, ІDR, РНР, МYR, ТНВ, аnd VND.

Furthermore, cryptocurrency transactions are also supported in BTC, BCH, XRP, ETH, LTC, ZEC, and DASH.

For convenience, foreign currency exchange can also be made via the iWallet site.

iWallet Casino Bonuses

Once you’ve browsed through the online casinos that accept iWallet and opened an account, it’s time to claim your casino bonus! The good news is that, as an iWallet account holder, you’ll have a variety of different online gambling sites and iWallet casino bonuses to choose from.

Bonuses at iWallet online casinos

Typically, iWallet casinos will offer bonuses such as:

  • No deposit bonuses: Sign up and claim either free cash or free spins, with no need to deposit funds.
  • Deposit bonuses: Sign up, make a deposit into your online casino account, and the casino will match that same amount up to a certain percentage.

Most casinos will have their terms and conditions visibly displayed, so it’s best to check these, as many online casinos will have certain wagering and playthrough requirements attached to their bonus offers. Make sure you understand these first, then claim your casino bonus and you’ll be ready to enjoy your favorite casino games!

How to Choose the Right Payment Solution

There are so many ways to deposit money at online casinos and so many popular casino deposit methods to choose from – how do you find the payment option that’s right for you? Take a look at the pros and cons of making your gambling transactions with iWallet, and see how it measures up.

Pros

  • It’s so easy to use! Just open an iWallet account, deposit money into it, then use it at any online casinos accepting iWallet deposit method payments.
  • It’s fast. Deposits from iWallet to your online casino account will be processed instantly, so you’ll be able to play your favorite casino games in no time.
  • It’s affordable. With zero fees for deposits and small transaction fees for withdrawals, iWallet’s charges are competitive with other leading deposit methods in the industry.
  • It’s budget friendly. As a prepaid casino payment option, iWallet helps you stay within budget all the time. No line of credit means you’ll never spend more than you can afford.
  • It’s secure. Thanks to its stringent security, your personal data and personal banking details will always be protected, making iWallet casinos safe at all times.
  • It’s global. Deposit money onto your prepaid card and use it to withdraw money from more than one million ATMs worldwide.

Cons

  • While iWаllеt ѕеrvісеѕ аrе is available in a number of Asian countries as well as Great Britain and Europe, it is not currently available in Hong Kong or the United States of America.
  • Some online gambling sites may not allow iWallet to be used to claim casino bonuses, or may add additional wagering requirements. Check the terms and conditions to be sure.

How to Open an iWallet Account

You now know how to make online casino deposits and withdrawals with iWallet at your online gambling site, but how did you open an iWallet account in the first place? Let’s take a look:

  1. Visit the iWallet website at iwl.hk.
  2. Choose between opening either an ‘Individual’ or a ‘Corporate’ account.
  3. Enter your email address and click ‘Next’.
  4. Enter the information required on the application form. This should only take a few minutes.
  5. A verification email will then be sent to you. Click the URL in the email when it arrives, and your account will be verified.
  6. You will then be able to fund your iWallet account and your prepaid card. The common minimum deposit amount is $10.

As a regular iWallet user, your payout limit will be set at $1,000. If you would prefer to upgrade your account and enjoy the full range of iWallet services, you can send in the required KYC (Know Your Client) documentation needed for verification purposes. This would include information such as proof of identity and proof of address.

Once the verification checks have taken place, usually within 1 to 2 days, you’ll be upgraded to executive membership, and will have access to the complete suite of iWallet services.

What Makes iWallet Casinos Safe?

As one of the world’s leading casino payment providers, iWallet takes online security seriously. A combination of industrial-level SSL encryption technology and state-of-the-art firewalls helps to safeguard the banking details and personal information of iWallet customers, and protect them against data theft and unauthorized access.

All iWallet servers meet the high security standards set for the storage of personal data, and the company complies with all rules and regulations set by the countries to which it is licensed. Secure versions of HTTP and HTTPS protect online interactions between iWallet and iWallet users, and the company’s in-house anti-money laundering officer and compliance officer ensure that no fraudulent activities take place on the iWallet platform at any time. So when you bank with iWallet, you can always be sure it’s a safe bet.

Other Online Casino Deposit Methods

If you like the idea of a prepaid payment solution but are unable to use iWallet, there are still a number of similar payment options available to you:

Paysafecard

One of the deposit methods of choice for the online gambling industry, Paysafecard, is a safe, reliable banking option that allows casino players to fund their accounts using a prepaid voucher.

Easily purchased at stores, gas stations or online, Paysafecard vouchers have a 16-digit PIN number that allows money to be deposited into your gambling account quickly and easily. Available in over 40 countries worldwide, Paysafecard is one of the world’s leading prepaid payment solutions for online casinos.

Prepaid cards

If you’re a Visa, Mastercard or American Express user, you’ll be glad to know that each of these payment solutions offers a prepaid card, as well as their traditional credit and debit cards. Purchase either a once-off or a reloadable card, and pay for your online gambling purchases quickly and easily.

Neosurf

Similar to Paysafecard, Neosurf also allows casino players to pay for their online gambling deposits with a prepaid card. Sold at various locations such as convenience stores and gas stations, Neosurf vouchers are safe, reliable, easy to use, and accepted in global online casino markets including the USA, UK, Canada, Australia and more.

About the author
Leticia "Letty" Santos
Leticia "Letty" Santos
About

Letty Santos, a vibrant spirit from the heart of Manila, seamlessly merges her passion for Filipino culture with the exhilarating world of online casinos. Bringing a unique Filipino touch to every project, she's a gem in the casino localization realm.

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FAQ

Everything you need to know about casinos

What is iWallet?

iWallet is a prepaid deposit and withdrawal payment service that allows casino players to make casino payments via an e-wallet and a prepaid card.

Can I transfer money from my iWallet account to my bank account?

Yes. iWallet allows you to make international bank transfers from your iWallet account directly to your bank account.

Is iWallet free?

Yes and no. There are no fees for making transfers between your online casino account and your iWallet account, and no fees for making deposits into your e-wallet. The only fees are a withdrawal charge of 0.5% of the amount you wish to withdraw from your iWallet account, or $35, whichever is higher.

How long do iWallet withdrawals take?

Withdrawals from your online casino account to your iWallet take 2 to 3 days, while withdrawals from your iWallet account can take 3 to 4 business days for іntеrnаtіоnаl bаnk trаnѕfеrѕ оutѕіdе оf Аѕіа.

Does iWallet support different currencies?

Yes. iWallet users can make transactions in any of 12 accepted fiat currencies, including UЅD, ЕUR, GВР, ЈРY, ЅGD, СNY, НКD, ІDR, РНР, МYR, ТНВ, аnd VND, as well as a number of cryptocurrencies too.