Casino players from Asia prefer using local payment methods to credit their casino balances and cash out winnings. Such banking options prevail mainly because of convenience, speed, and usage of local currencies. Also, people feel more comfortable paying with familiar services they use for other everyday activities.
One of the popular digital payment providers in Asia is PayTrust88. The company says its service is fast, simple, and secure, giving billions of consumers a way to pay. We’ll now dive right in to provide you with the most essential details regarding PayTrust88 as a payment method at Asia-focused online casinos.
PayTrust88 in a Nutshell
PayTrust88 is a payment gateway that facilitates online transactions. This straightforward service enables direct bank transfers from top markets in Southeast Asia. You can use it in Thailand, Indonesia, Malaysia, Vietnam, and South Korea.
Players choose country or regional-specific providers because they allow them to use local currencies. The possibility of making transactions in local currency eliminates unnecessary costs like currency conversion. As an Asia-friendly payment provider, PayTrust88 supports the Malaysian Ringgit, Indonesian Rupiah, Thai Baht, Vietnamese Dong, and Korean Won.
PayTrust88 is a B2B option that allows merchants to accept online payments directly from reputable regional banks. Business clients can implement the service in no time via API. Since it’s a convenient and safe payment method many people in the region use, it doesn’t surprise that PayTrust88 made its way into casino lobbies.
The company was established in 2016 and is located in Malaysia. It collaborates with several trustworthy banks from Southeast Asia. Some of them are Kasikornbank from Thailand, Vietcombank in Vietnam, Maybank in Malaysia, and Bank Central Asia from Indonesia.
We’ve already mentioned that the company cooperates with business clients. Consequently, casino players don’t need to register a PayTrust88 account to make casino deposits and withdrawals. You need a bank account at one of the financial institutions that support PayTrust88 and access to online banking. That’s it.
How to Deposit?
Depositing with PayTrust88 is quick and easy. However, before you visit the online casino, make sure to activate internet banking and to have sufficient funds in your bank account. Then, choose one of the PayTrust88 online casinos and sign up. Go to the cashier page and look for PayTrust88 among the available deposit methods.
Select it as your prefered deposit method. Enter the amount you wish to send to your casino balance, paying attention to the minimum deposit set by the casino. Pick your bank from the drop-down list. The casino website will redirect you to your online banking interface to log in. When you access your account, check the payment request once more and confirm it.
How to Withdraw?
Withdrawals with PayTrust88 are almost the same as making a deposit. Again, you need to open the payment page and find the available withdrawal services. Select PayTrust88, enter the sum you want to cash out, select your bank, and submit the withdrawal request. Then you just need to wait for the casino to process this transaction and release the funds.
PayTrust88 Transaction Times and Fees
PayTrust88 is a digital payment processor which can be an excellent choice for online casino payments in Asia. One of the main benefits of using PayTrust88 for casino deposits is that they are direct bank transfers processed in real time. It means you will see money in your casino balance in minutes, if not seconds.
On the other hand, PayTrust88 withdrawals take more time. First, keep in mind that online casinos must review the cashout request and approve the transaction. The processing time varies among casinos. Once the transaction has been verified and the money is released, your bank also must confirm the transfer. Therefore, you will probably wait 2-5 business days to receive the funds. The waiting time depends on your bank.
Speaking of fees, you will be happy to hear that PayTrust88 doesn’t charge end-users for making payments through the gateway. The service works with banks and accepts various local currencies, so you won’t have any additional costs for currency exchange.
Casino sites also don’t charge players for making transactions with PayTrust88. However, we advise you to visit the casino’s banking page and read the Terms and Conditions before you make your first deposit. Also, since your bank is involved, it might charge you for handling these transfers. Contact your bank to find out if they will apply additional fees.
Security
PayTrust88 utilizes the latest encryption standards in the industry to safeguard transactions and other sensitive data. The platform doesn’t handle the payments but enables a safe connection between your bank account and the casino’s cashier page. Therefore, all transactions are handled by your bank within a secure banking environment utilizing cutting-edge protection measures.