AutoPay is an increasingly popular payment method, especially in South Africa, where online gambling transactions are very difficult to process due to the restrictive anti-online gambling legislation. Hence, AutoPay which represents a sort of a regular online banking system became a much favored payment processor among South African punters. What AutoPay offers its users is a fast and reliable way for them to link their bank account to a merchant’s, in order to transfer money. It is a very convenient payment option for a number of reasons. First of all, the money transfer conducted via AutoPay is instant; therefore, once a player orders their transaction, the payment confirmation arrives fast and the money is available on their gaming account instantly. Secondly, this way of money transfer saves time as it enables players to enjoy their gaming experience without forcing them to previously wait for the transfer to get updated or contact a call center to confirm the transfer. Finally, AutoPay can be linked to all sorts of accounts - current, savings, transmission or credit card account, providing users with a choice to fit their needs.
How does AutoPay work?
This payment method is extremely easy to access and use. Most importantly, it is absolutely free of charge, and you can subscribe to it without any registration if you’re already an Internet banking user. The principle on which it works is the same like paying with cash, and the funding is just as easy as described above – you pay directly from your bank account. The payment procedure in casinos is quite simple, as well. Start by selecting AutoPay from the Banking options, and enter your personal ID details to order the transaction. After making sure that all the details are entered correctly on a Personal Details Update confirmation page, you will be moved to the AutoPay Transaction page, where you can deposit your desired amount of money. Once you confirm the transaction, a bank’s AutoPay page shoul appear, where you are to enter your personal AutoPay details, such as your card number and password. After logging in and selecting the account that you’d like to charge for the desired amount, your account will be credited instantly and you’ll be all set to go back to the casino and enjoy the play.
AutoPay Pros and Cons
Probably the best thing about AutoPay is the fact that it is very safe to use. It can probably be considered safer than credit cards, thanks to the reduced risk of online credit card fraud. Another thing is its user-friendly interface and accessibility. And finally, the major benefit is that you can connect multiple types of accounts to it and dispose with your money instantly, thanks to the fast transfer. However, the main downside to this payment option is that it is offered in very few casinos and poker rooms. This is probably due to the fact that it is primarily used in the South African market, where online gambling is banned, but also because it is not widespread in other countries and continents. Hopefully, we will hear and see more of AutoPay in the future, because this payment system has many advantages that could be exploited worldwide.
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