Online casinos try to provide customers with convenient payments. They offer various financial instruments for depositing and withdrawing winnings. Payment systems are selected based on the country of residence of the target audience. In Ukraine, online casinos with Privat24 are available to users.
This is the leader of the banking sector in Ukraine, founded in 1992. As of 2020, more than 62% of the country’s residents use its services. This is due to the following advantages of the bank:
- High level of protection of financial transactions and personal data.
- Ability to open Visa and Mastercard cards.
- Low commission for performing financial transactions in favor of gambling sites.
- A convenient mobile application that supports Android and iOS.
- A large number of ATMs and terminals.
PrivatBank constantly introduces innovative technologies. For example, more than 10 years ago, he was the first to use SMS passwords. The latest innovations include entering Internet banking using a QR code and online cash collection.
Any resident of Ukraine can become a client of PrivatBank. To open an account, you need to have a passport and TIN.
Popular online casinos with Privat24
Operators who care about the comfort of their customers in Ukraine support Privat24. This is one of the most convenient payment instruments in the country.
To choose a site, it is recommended to focus on the rating compiled by experts. The best sites are at the very top of the list. They provide transparent game conditions, prompt deposit and withdrawal of funds.
How to recharge
The process of depositing funds to the balance is simple. Necessary:
- Create an account or log in to your Personal Account at the casino.
- Go to Cashier.
- Find a section with a balance replenishment.
- Select PrivatBank.
- Enter amount.
- Fill out the form, indicating the card number, expiration date, CVV code.
- Confirm the transfer of funds.
Money is credited to the balance almost instantly – usually within 30 seconds.
Winning cashout is available to verified users. The process includes several stages. What should be done:
- Open Personal Account.
- Go to Cashier.
- Open output tab.
- Select PrivatBank.
- Specify payment details and amount.
- Confirm transaction.
Operators guarantee the transfer of funds to a bank card within 7 working days. In practice, the transaction is faster.
Customers who have VIP status in the loyalty program receive their winnings out of turn.
If the withdrawal amount is large, then the user must go through the verification procedure. It is required on licensed sites and includes several steps:
|Profile completion||Entering personal information in the Personal Account on the site|
|ID confirmation||Sending copies or photo of passport, driver’s license|
|Payment method confirmation||Sending a photo of a plastic card or a screen from Internet banking|
Verification takes an average of 3 business days. After that, the possibility of withdrawing funds opens.
Pros and cons
Online casinos with PrivatBank are popular in Ukraine. The payment method has a number of advantages.
Specialists improve protection mechanisms and carry out activities aimed at combating fraud. Therefore, customers can safely use the payment system to replenish the balance or withdraw funds.
Two passwords are used to enter Privat24. One of them is permanent, set by the user. The other is dynamic, necessary to confirm operations in the system. It is generated automatically and sent to your phone in the form of SMS. In addition to two-factor authentication, it is possible to log in and confirm transactions with a fingerprint.
When withdrawing funds, the bank withholds 0.5–1% of the transaction amount. The exact size depends on the type of card the player is using. A conversion fee may also apply if payments are made in a foreign currency.
The support service accepts requests around the clock. Specialists provide prompt assistance online in the chat of the application and the official website, consult through the hotline.
Is there PrivatBank on European gambling sites?
No, this payment system is focused on residents of Ukraine. It is not popular among residents of European countries.
How long does the account verification process take?
It usually takes up to 3 business days. After completing the procedure, the user receives a notification by mail or phone.
Can I use a third party bank card?
No. To replenish the account and withdraw funds, the client must use a bank card opened in his name.
What other payment instruments are available on Ukrainian gambling sites?
Mobile operators Vodafone, Kyivstar, Visa and Mastercard cards, Skrill and Neteller payment services, Monobank.
Why do payment delays happen?
They are possible due to the fault of the issuing bank due to technical problems or the casino if there are too many withdrawal requests.
Are there any restrictions on the use of a bank card?
Each type of card has its own restrictions on the limit of payments on the Internet, the amount of transfers, withdrawals. Also, all transactions over UAH 30,000 are subject to financial monitoring.
What other countries have PrivatBank?
In Latvia, Portugal and Italy under the name AS PrivatBank. There are also representative offices in China and Kazakhstan.