Full Review - UseMyWallet (8.75)
All of the casinos that use UseMyWallet have implemented advanced safety measures that ensure the utmost level of security for users accessing their UseMyWallet account. With UseMyWallet, you can perform all necessary transactions through the company’s secure web site. UseMyWallet is able to ensure this high level of security thanks in part to their invitation only membership. While it is easy enough to become a member of UseMyWallet, there is a verification process that requires you to submit personal information, which serves to prevent any suspicious accounts. These security measures must be working out for UseMyWallet, as with the current user base of more than a million players and growing UseMyWallet remains one of the most secure online payment systems around.
Signing up for a UseMyWallet account is simplicity in itself provided you have received an invitation from any one of the online casinos that use the UseMyWallet online payment system. Simply open an account with the online casino of your choice, and make a request for an invitation for UseMyWallet. You will know if the particular casino you are planning to sign up with uses UseMyWallet by the presence of the company logo on their web site. A request for an invitation can be made through the casino's live chat feature or by email. After you have received the invitation which will take anywhere from 3 to 5 days you can then proceed with the UseMyWallet registration process, the instructions for which will be included in the same invitation email. If you have gone through the registration process correctly, you will then be able to log on to your UseMyWallet account, and perform any number of the offered transactions.
As for these transactions, you are offered the chance to deposit funds into the accepted online casinos, withdraw funds from your UseMyWallet account, and transfer funds to an online casino.
The deposit funds option is intended for depositing funds into your Usemywallet account with the payment methods allowed being through Credit Card, International Bank Transfer, Western Union and Moneygram. UseMyWallet offers you the option make deposits in a wide variety of different currencies.
Withdrawing funds from your UseMyWallet account is just as easy as performing the other transactions. Unfortunately, the company currently only offers fund withdrawal by wire transfer, with your funds being made available to you after five business days. Some users have even reported receiving their funds after a seven day wait. This process takes a little bit longer than some other e-wallet systems, although UseMyWallet gives you the option to cancel the withdraw request within 3 days.
The transfer funds option may seem a lot like the deposit funds option, although this service is intended for online casinos that are affiliated with QuickTender. For online casinos that use QuickTender for which you want to use your UseMyWallet account, you will want to look for the UseMyWallet logo on the online casino’s web site. From there, you can perform any number of online transactions from making a deposit or buying casino chips.
One thing that may give you some cause for concern is that UseMyWallet will charge you a $20 to $30 fee for cashing out your funds on top of the $20 to $25 that your bank will add on for receiving an international bank wire transfer.
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