Why would someone choose to use Western Union as a deposit method in a Casino? Are there reputable Western Union Casinos around?
Well, to the first question, we can say that players from those jurisdictions where online casinos and remote gambling are not regulated, such as United States and Australia, can opt for Western Union as it provides them with a safe and convenient service.
One of the best examples is the United States, where there are few processing methods available. That’s why its well known that Western Union is one of the best options for deposit and withdrawals in US online casinos.
To the second question, we can also confirm that there are reputable places around and we reviewed them for you.
Introduction to Western Union casinos
Western Union is one of the leading companies when it comes to global payment services. With more than half a billion agent locations in more than 200 countries, Western Union allows all sorts of entities transfer their money worldwide.
The company established in 1851 has come a long way from the telegraph age to the digital era and its shares are traded on the New York Stock Exchange.
Dedicated to innovations which help them modernize the ways to send money, Western Union allows online casino players seamlessly fund their casino accounts and clear their winnings. Transactions can be processed in more than 130 currencies and the maximum amounts are high which may be perfect for high-rollers.
Deposits with Western Union
To make deposits via this banking method, first you need to find a Western Union casino.
Contact customer support representatives via available methods like email or live chat to get the instructions and information you need.
You will be offered to choose between two types of deposit:
- Money Order
- Person to Person deposit.
The first allows you to make payments in cash which means that you need to visit the nearest agent or you can complete the payment procedure via the Western Union website or mobile app if you have a credit card or bank account.
Person to person transfers can be carried out via agents or online. You should give the cash to the agent and provide the casino details.
Another option is to fund your Western Union account and complete the P2P transfer online. You will receive a 10-digit Money Transfer Control Number (MTCN) which will help you track your transfer. You should provide the online gaming operator with this number if they request it.
The transaction can take from 20 minutes up to 6 hours and it comes at a fee going up to 4%.
Withdrawals with Western Union
There are not many online casinos supporting Western Union as a withdrawal option. At those which do, you should follow the instructions given by a customer support agent.
You will be given an MTCN code you should use to cash out you money at any Western Union agent.
Keep in mind that you will be charged a fee on your withdrawals and that they may take longer than cashing out via some other banking methods. Withdrawals via Western Union may take up to 5 days.
Advantages of Western Union Casinos
Western Union allows you to transfer your money to and from the online casino of your choice even if you don’t have a credit card or bank account or you are not allowed to use other reliable banking methods such as e-wallets.
If you use a credit card or a bank account, you can use a free mobile app to carry out your transactions without leaving the comfort of your home or on the move.
With Western Union you can move large amount of money in a single transaction (although you should carefully analyze the fees involved).
This banking option is especially convenient for players in unregulated gambling markets as it can be used without revealing a player’s financial data.
Western Union Casinos FAQ
1. Is Westeren Union a preferred payment method?
To be honest, is not. Fees are high and players won’t always have a branch close to home. The fact that the online transfer wont be available if you don’t have a Credit Card is a disadvantage, as well as the fees.
2. Do I have to pay extra fees?
No other fees should be paid, except for each transfer (in/out).
3. Is it a safe payment method to use at online casinos?
Definitely. Western Union has a long history and is a well known company. You are totally safe using their services and as mentioned before, one plus is that you can handle higher amounts, of course, paying the fees related to your transaction and amount.
4. How “Instant” are Western Union deposits and withdrawals?
Deposits are faster, being processed by the company in a couple of hours and withdrawals take longer – around 6 days. Still, in some jurisdictions where there aren’t many processing methods available, Western Union will be one of the best options around.
Interesting Facts about Western Union
It wasnt always called Western Union.
In 19851 when it was created, it was called: New-York and Mississippi Valley Printing Telegraph Company. 5 years later was renamed with its current name, which represented the consolidation of telegraph lines in the Western area of the United States.
The W.U Foundation Donated Over $100 Million!
Since, 2001, Western Union has donated more than $130 millions all over the world, becoming one of the biggest representatives in the “Giving back” trend involving big companies.
W.U has more than 100,000 ATMS.
The company has ATMs all over the world, standing at 100,000 and growing!
Ezra Cornell was it’s founder.
Ezra was a businessman, politician, philanthropist and educational administrator who founded not only W.U but also the Cornell University. He did so using his $500,000 endowment.
First branches of W.U were already connected between them!
Before the age of the computers and internet, W.U branches were already connected by telegram 🙂
At least 9 million users a year.
Western Union official website receives more than 9 million user per year. The company processes more than 21 online transactions per second.
Fees and longer timeframes are the biggest downsides of using Western Union as a preferred banking method.
Your funds will not be instantly available when you send them to your account, but all your transactions will be safe and secure.
Withdrawals via Western Union will be faster than those made via a bank transfer or cheque, after all.
With a long tradition and committed to innovation, Western Union won’t let you down when you have no other convenient banking method at your disposal.
Western Union Casinos
- Safe and Secure.
- Good option if no other methods available.
- Online transactions available.
- Fast deposits.
- Available in non regulated jurisdictions.
- Fees are high.
- Timeframes are slower.
- Inconvenience to have to go to the agent.
- Slower withdrawals.
- Non automatic process.