Rapid Transfer Withdrawals Casinos
The Rapid payment system was created as a group of payment systems. The main goal is to facilitate the process of transferring funds from a bank account to a digital wallet as much as possible. Today Rapid Transfer service is more widespread in online casinos. The service tries to reduce the processing time of the payment. This is the main advantage of Rapid Transfer compared to its competitors.
Advantages of Rapid Transfer
The Rapid Transfer payment system has several undeniable advantages:
- Relatively high speed of funds’ withdrawal.
- Reliable security protocols. Each payment is carried out through two stages of protection.
- No commission from the payment system. However, a commission may be charged by third-party payments.
How to Withdraw Using Rapid Transfer
Making a withdrawal is elementary same as you deposit using Rapid Transfer. You only need to do the following:
- Proceeding with checkout, pick the Rapid Transfer option.
- Provide your online banking data.
- Specify the sum you’d like to withdraw.
- Submit to finish the operation.
Unfortunately, withdrawals are not so quick and it can take up to 5 business days for the funds to be transferred. Note that some casinos don’t support Rapid Transfer withdrawals but only deposits. Another disappointing thing about Rapid Transfer transactions is that they are shown on your bank statement. If you’d like to hide the fact that you’re a gambler, then you should choose another payment service.
Rapid Transfer is referred to as Skill service and it charges Rapid Transfer fees for operations. Rapid Transfer charges the fees as bank transfers. Skrill takes a 1% deposit fee for European players. Withdrawals by bank transfer will be charged €5.5. There’s a 3.99% currency conversion fee.
Most of the online casinos that accept Rapid Transfer have no fees for withdrawals. The cashout will be sent to your account right away if it is verified and the withdrawal has been handled by the casino.
Reliability of Rapid Transfer
With Rapid Transfer, there’s no need to direct sign up for the service but online banking using the client’s existing credentials. It means that the service is utilizing the bank’s security standards. Rapid Transfer also provides security codes, one-time passwords, and SMS verification.
Rapid Transfer can’t obtain your online banking data. All financial operations are encrypted with SSL. The service is regulated by the Payment Services Directive, which indicates that it follows EU payment regulations.
Is there a hefty charge for Rapid Transfer withdrawals?
Rapid Transfer doesn’t charge players any fees. However, banks may process some fees. These fees are tiny and you’ll be aware of them before a transaction.
How long does it take the withdrawn funds to be on my account using Rapid Transfer?
The timeframe of Rapid Transfer withdrawal depends on the casino and your bank and ranges from 24 hours to a few business days.
Is Rapid Transfer withdrawal available in mobile casinos?
You can use Rapid Transfer to make withdrawals in a mobile online casino. It’s a great choice for smartphones since there is no time taking registration procedure. It is especially useful for gamers who play real money titles via mobile casino provider.