iPoint, a mobile payment option, is the offering of iP Ltd. developed in 2002. The International Bank did a beta testing of it that lasted for nearly 6 months before finally approving it. The service was launched in October 2002.
This relatively new and little-known service enables mobile phone owners to purchase credit by placing a telephone call. The service is not associated with any mobile phone service provide. Customers do not need any hardware. The make or brand of mobile phone makes absolutely no difference. iPoint only requires its customers to activate the international calling facility on their mobile phones. The transfer of funds is safe, secure, and instantaneous.
A large number of online casinos have not yet accepted iPoint because the service is relatively new. However, these casinos are quickly realizing the potential of iPoint as a payment option. Before long, the number of online casinos that support iPoint will rise.
How Does iPoint Work?
iPoint functions in case of all handsets. The mobile network provider has nothing to do with iPoint; so iPoint users are not required to subscribe to the services of specific service providers. What’s more, iPoint can be used to recharge any prepaid card.
Internet casino users can easily fund their online accounts from their Visa or MasterCard with the iPoint payment option. They only need a credit card, a cell phone, and an email address. First, they must visit the site and register an account. Before depositing into any online casino, customers will have to fund their iPoint account. They can do so by providing iPoint their credit card details, which are saved securely in offline servers. iPoint will then give them a PIN or a confirmation code.
Customers can fund their iPoint accounts via credit cards such as VISA and MasterCard. The transfer of funds is immediate, permitting players to purchase goods and services from a number of online retailers who support it.
Customers who require credit for funding an online casino account must call iPoint from a mobile phone and give instructions to iPoint to process the transfer. The system will permit transfer of funds only after it receives the confirmation code.
iPoint Pros and Cons
Since iPoint never reveals the players’ credit or debit card information at any point during the transactions, it is safe and secure. The credit card details are securely stored in a secure iPoint server, which is not online. In addition, iPoint has a personal verification system, which ensures the best standard of security to iPoint customers.
iPoint is also fast. In spite of being the newest method of depositing funds in the online gaming world, the system is fast becoming popular. It owes its popularity to the fact that all monetary transactions take place via mobile phones.
The customer care service is excellent and the representatives are eager to be of help any time of the day or night. The biggest benefit of iPoint is that it is absolutely free. Customers do not have to pay any registration or annual fees.
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