As an online casino player, whenever you want to play your favourite games, you are faced with the decision of which payment method to use to get the most comfort from online gambling. There are many options for you to choose from, but each method has its pros and cons.
If you’re a player who mainly likes to gamble on a mobile device, there’s a great solution for you to use without worrying about the inconvenience. Boku is a mobile payment method that allows you to make online casino transactions quickly, conveniently and securely. Why choose Boku as a payment method at boku casino not on gamstop in Britain? What are its drawbacks? Why is it so popular? And many other questions we’ll tackle in this piece.
About Boku
Our lives today are almost round the clock with the use of mobile devices. We play games, communicate and do various banking transactions. Knowing this fact, one financial team decided to take advantage of this feature and created a mobile payment tool that has become the most convenient for all mobile users around the world. It’s called Boku.
BOKU is a mobile payment tool that was created in 2003 in San Francisco, USA. It is the brainchild of a group of Californian experts, professionals in the world of finance, with experience at major American brands such as Bank of America, American Express, Amazon, Intuit, AT&T and VISA. These professionals figured out how to make the most of mobile devices and use them to create a unique payment solution with which users could conduct secure and reliable transactions in real time.
Created as a means to make small purchases online from a mobile phone, BOKU has somehow found its way into the iGaming industry and has received continued support from a large number of online casinos. Although BOKU is not as popular as credit cards and e-wallets, it is growing every year and reaching new levels of prominence, especially in British casinos.
How does BOKU work for virtual casinos?
BOKU is definitely different from other banking methods supported by the iGaming industry, which either process transactions or maintain a balance for you. Instead, BOKU is a service that works with your mobile phone operator. Whenever you want to make a payment, a fee is added to your phone bill and you pay it along with your monthly payment. It’s very simple and players from all over Britain and Europe have access to it. BOKU works with over 170 service providers in Britain and overseas, allowing millions of potential players to take advantage of the service.
Convenience and simplicity
BOKU’s logistics are pretty straightforward. Once you’re ready to make a payment, you enter the desired amount (within the set limits) and approve the transaction. You will receive a text message asking you to confirm the payment and instructions on how to do so. You will send a reply message and the payment will be processed instantly.
Ready from the start
Unlike many other payment solutions in the online gambling industry, BOKU does not require you to have an account with the service. Instead, it is immediately available to subscribers of a partner operator, and if you are one, you can always use it for online gambling purposes.
Security
Boku’s level of security is unmatched. First of all, it does not require you to create an account, so you don’t have to enter any personal details in this service, which keeps your privacy at the highest level. As already mentioned, your SIM card is your identifier and nothing more. Secondly, it uses the latest in SSL encryption and other high-end security measures, ensuring an extremely secure payment processing environment. Thirdly, your purchases and payments are paid into your mobile phone account, so no banking institutions are involved in the money transfer, and there is no need to provide any bank details at all.
Accessibility
In terms of accessibility, it is one of the most popular mobile payment solutions on UK online casino sites. Not only is it available on many online casino sites, but it is considered the best, recommended solution for all mobile players.
As for its availability in different countries, in addition to Britain, you will find it in more than 70 countries around the world. Being a global solution, it offers its services in several major languages, and customer support is available in more than two dozen languages.
Getting started with BOKU
As already mentioned: here you don’t need to create a special account to use this mobile payment service. This will save you a lot of time, as the account creation procedure can be very time-consuming, annoying and overwhelming.
With this payment method, everything is smooth, intuitive and simple. All you have to do is register it as a payment method on the UK online casino site you want to play at. You will be redirected to a page where you need to provide your email address and, of course, your mobile phone number. The company will contact you via SMS on your mobile device to confirm your identity. And once you have confirmed that it was you who sent the transaction request, it will be processed. The money you deposit into your online casino account will be deducted from your mobile phone account at the end of the month. As you can see, all you will need to enter is your phone number. You don’t have to provide any documents to prove your identity.
Types of services offered
Considering that not everyone can open a bank account, arrange a credit or debit card, this mobile payment solution provides such people with the best service at the lowest cost. There is hardly a person on earth who doesn’t have a mobile phone, so what Boku offers is convenience and affordability.
This gives British casino players two solutions to choose from:
- The first is the Checkout option, which gives operators the option to include it as an acceptable payment method in the pool of their online players. Since players are likely to make multiple deposits, operators benefit from this as it is a one-stop payment processing solution. This solution, which is entirely web-based and compatible with all online operators, allows players to make one-off payments using their mobile phone number and without giving out any additional information.
- The second is deposits at this casino. Simply log into your online casino account and go to the casino’s “Cashier” page. On the “Deposit” tab, find the payment method logo and click on it. You can find this mobile payment solution in the Pay By Phone sub-tab if you can’t find its logo. A pop-up window will appear with all the mobile network operators you have partnered with and you need to select yours to continue with the procedure. Enter your credentials, i.e. your phone number, and specify the amount of money you want to transfer to your online casino account. You will receive an SMS message from the payment solution to confirm the transaction.
About withdrawals with Boku
Boku is not a withdrawal facility, but only a deposit method. It is not possible to make a withdrawal using the pay-by-phone solution, and due to its nature it only offers a one-way transfer of money. Since there is no return address, there is no account to which the Britannia Casino can send your withdrawal, so you will not be able to withdraw. However, there are plenty of alternative withdrawal methods at your disposal that offer the fastest payouts, so all you need to do is explore the options available at your chosen UK casino.
Restrictions and requirements
The obvious limitation that may worry you and discourage you from using this mobile payment solution is the fact that you won’t be able to withdraw money with it. Most online casino players prefer to choose a method that can be used for both deposits and withdrawals, so if you’re one of those players, you probably won’t like this restriction, to say the least. Another restriction is the $30 limit per transaction. You cannot commit more than $30 per transaction.
In terms of requirements, all you need to use this service is a valid mobile phone number from one of your mobile phone providers. If you have such a number, you can start using it immediately, without having to create an account. But if you don’t, alas.
Rates
When you use BOKU, you will not be charged any fees by the service. You can make payments at no additional cost other than the amount you actually transfer. However, there is something else to consider. Casinos that support the BOKU system often charge a certain fee on BOKU deposits. The amount of this fee depends on the online casino you choose and is usually between 2% and 10%.
Timing of processing
One aspect in which BOKU excels is the speed of transactions. When you confirm a deposit with BOKU, it only takes a few seconds to process the payment. The money will instantly appear on your casino balance and is ready to be used. You can immediately start playing your favourite games without any downtime.
Advantages and disadvantages
You’ll find that the advantages you get when using Boku in a British casino outweigh the disadvantages.
Security
For example, one cannot stress enough how secure this mobile payment solution is. There’s even an expert article on the subject: https://ieeexplore.ieee.org/abstract/document/7440226/. Its security standards are impressive, as are all the measures it uses to keep you safe. This is its strongest point.
No commission
The lack of commission is another exceptional feature of this solution. You are not charged for using its services because this payment method has found its source of sustainability, which does not involve users paying for its services.
Popularity
In addition, the fact that the company works with more than 200 service providers and is available in more than 70 countries. 3 billion users use it worldwide and are happy with its services. Add to this the availability for all devices and you have the perfect solution. Regardless of whether you want to play casino games on Android or iOS devices, you are free to make transactions within seconds of confirming them.
Instant transactions
Another important advantage available to BOKU users is that the service is able to process deposits instantly. As soon as you confirm the transaction, the money will be added to your casino balance and you can start wagering it right away.
Easy to use
The next great advantage of BOKU is that the service is not directly linked to your bank account and therefore does not reveal your sensitive information when you make a deposit. With BOKU you can easily keep your privacy online.
Making payments with BOKU is easy and convenient, the whole process takes no more than a minute.
Cons of Boku
Impossible to withdraw money
The fact that Boku cannot be used for withdrawals is disappointing. This is a major disadvantage. BOKU transactions can only go one way and you will have to resort to another payment solution to cash out your winnings.
Limit
One of these minor drawbacks is that one transaction you can make with it has a $30 limit. Just $30 a day won’t be enough for most average players and certainly not for high rollers. So if the limits don’t suit you, use another payment method.
Limited
And the next drawback is that due to regulatory restrictions imposed by some countries, this mobile payment solution cannot offer its services for online gambling in most countries of the world.