VenusPoint is an e-wallet that primarily caters to the Japanese market. So VenusPoint casinos welcome Japanese gamblers. The company rebranded to Vega Wallet in 2022, adopting a new logo in the process.
Despite the name change, the e-wallet is run by the same company based in the British Virgin Islands. VenusPoint shares the same strengths all e-wallets offer – a faster and more secure way of paying online compared to bank transactions. Despite its focus on Japanese users, Vega Wallet only supports US dollars. You cannot use it with Japanese Yen or any other currency.
We go over everything you need to know about VenusPoint in this review. Our experts explain how to deposit and withdraw with the payment method and how to register an account. We also discuss Vega Wallet’s pros and cons to see how it compares to other payment methods. Will Venus Point pull through, or will it fall by the wayside?
In this review you will find...
🚫 Best VenusPoint Casinos USA for 2024
No USA casino supports VenusPoint banking, because that payment method is not available in the U.S.
Here you can find our top rated USA casinos with the fastest payouts: they don’t offer VenusPoint deposits / withdrawals, but you can still find the most popular payment options for U.S players.
1 BEST:CASHABLE BONUS
Ignition
Bonus Offer Up to $3,000
Available Countries Accepts players from United States
Bonus Offer Up to $5,000 + $50 NDB First deposit bonus
*Credit Card deposits are subject to different bonus percentage.
Minimum deposit: $20
Bonus percentage per deposit:
$20-$99.99 get 500% (+100% on Crypto)
$100-$149.99 get 550% (+100% on Crypto)
$150-199.99 get 600% (+200% on Crypto)
$200+ get 650% (+ 350% on Crypto)
Wagering: 10x D+B
Max cashout: 5xD
Maximum bonus amount: $5000
Only NP Slots allowed
Max bet per hand: $10
Available Countries Accepts players from United States
VegaWallet keeps the deposit process as simple as it can be. However, there are two conditions you must meet before paying with VenusPoint. First, your online casino has to accept Vega Wallet as a payment method. Second, you must register a VenusPoint account and have enough cash in the e-wallet. After that, all you have to do is follow our step-by-step deposit guide.
Log into your casino account
Open the cashier page
Find Vega Wallet on the list of payment methods and select it
Enter how much money you wish to deposit
Log into your Venus Point account after being redirected to their page
Approve the deposit
Vega Wallet’s limits are similar to most other e-wallets. However, exact deposit limits will be different based on the gaming venue you are playing in. The e-wallet imposes a small transaction fee, applying a $1.8 commission for every $900 transacted. Some online casinos may also have additional costs if you deposit with VenusPoint, which you should keep an eye out for.
⏪ How to Withdraw with Venus Point in Online Casinos
Cashing out with Vega Wallet is just as straightforward as depositing is. The only prerequisite is an active VenusPoint account to withdraw the money to. The e-wallet has excellent transaction times, with most of the waiting time coming down to casino processing times. After the gambling site approves the withdrawal, you will see the funds appear in your e-wallet balance almost instantly.
Open your account settings and select the cashier page
Go to the withdrawal section
Pick Vega Wallet from the available payment methods
Enter how much you plan to cash out
Fill out your Venus Point account details
Gambling sites usually list how much you can withdraw with each payment method in the withdrawal section. The withdrawal limit differs in every casino but usually matches with other e-wallets. Withdrawing money incurs minor fees with each transaction.
⛑️ How to Create a VenusPoint Account
While you need a VenusPoint account to use its services, registration is a straightforward affair. You can complete it in a few minutes, which is a huge plus. Players who had Venus Point accounts prior to the payment method rebranding as Vega Wallet will need to complete registration again.
Open the e-wallet’s page
Press the Member Registration button to start the account creation
Enter your e-mail address
Open the e-mail you received to verify your address
Fill out the required personal information, including name, date of birth, and more
After pressing the Sign Up button, your VenusPoint account will be created. You can then deposit money into the wallet and use it to make payments in online casinos.
✅ Advantages and ❎ Disadvantages of VenusPoint
Like all payment methods, Vega Wallet has good and bad sides. Below, we outline both to make it easier for players to decide if they want to use Venus Point.
The website seems kind of insecure: some of it’s sections are not protected with SSL certificates.
🔀 Similar Payment Methods
For all its good sides, Venus Point tends to be a somewhat niche payment method. If you prefer a payment method with a bit more reach, we recommend one of the following banking options.
Mifinity is an e-wallet with a much broader reach than Vega Wallet. It supports over 15 currencies compared to VenusPoint’s one and is available in over 225 countries. The payment method also offers lightning-fast deposits, fast withdrawals, and secure transactions that prevent anyone from fiddling with your transactions. The downside of using Mifinity is that it has fees for both depositing and withdrawing funds from your e-wallet balance.
For a Japan-specific payment method, we recommend trying out LINE Pay, an e-wallet tied to the popular messaging app. Payments through LINE Pay are simple – scan the QR code, confirm your password, and complete the deposit. Transaction times are quick, meaning you do not have to wait to play with your newly added funds. The payment method has some fees, but they are minor at best. The only downside of LINE Pay is that you cannot use it to cash out.
🖊️ Bottom Line
In conclusion, VenusPoint casinos are a great option for players living in Japan. The fact that it accepts USD provides a convenient way for players to enter the online casino space. However, for those located outside of Japan, it may not be a feasible option. In that case, we recommend using e-wallets like Skrill or Neteller for lower withdrawal times. Another option would be to visit Bitcoin casinos, which are becoming increasingly popular.
Regardless of the banking method you use, the most important factor is to choose a safe, convenient and reliable option, ensuring hassle-free withdrawals and a positive gaming experience.