Differences In Ewallets

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There are several Differences in Ewallets that are commonly employed by different USA online casinos. Each one is different in its own right, but they all function essentially the same way. The e-wallets act as an intermediary between your bank account and the casino's accounts, giving you the ability to bypass certain restrictions in place through the UIGEA. E-wallets have the highest rate of success when making a deposit, and use some of the fastest withdrawals. The two major e-wallets used by online casinos are UseMyWallet and eWalletXpress.

Users of eWalletXpress have always expressed nothing but joy when using their service. EWalletXpress uses several Ewallet Deposit Methods to transfer to your account. First off you can use credit cards, direct bank deposits, checks, money orders, bank wire, and their unique service, 900Pay. Regardless of which method you use, eWalletXpress remains one of the safest deposit methods available. Using 900Pay makes eWalletXpress even safer. 900Pay is a way to load your account directly just by using your phone bill.

There are limits, restrictions, and fees surrounding the Different Ewallets. Depending on how long you have been using eWalletXpress, you can deposit from $150 to $4,500 dollars per week when making a direct bank account to e-wallet deposit. Money Orders can load your account up to $1,000 dollars a day, completely free of charge. Bank wires carry no limit, but require a $15 dollar fee. Using 900Pay can add up to $150 dollars a month, with a 15% fee. Checking deposits can be free, come with a $10 dollar fee, or an 8.8% fee. To withdraw you will be charged a 10% fee to a maximum of $150 dollars. Withdrawing requires a $5 dollar minium and carries a $5,000 dollar maximum per day.

UseMyWallet is among slightly Different Electronic Wallets with its differences between different e-wallets. It should be noted that UseMyWallet can only be joined through an invitation. Invitations to a UseMyWallet sign-up page can be received from the USA online casino that accepts UseMyWallet as a deposit option. Usually you will have to play for a certain amount of time through their casino before they will give you the opportunity to join the e-wallet. UseMyWallet remains a very exclusive and highly regarded e-wallet, as their invitiation only process promotes safety and security, since it is less likely that a hacker would be familiar with the service to a point that they could compromise the security measures in place.

UseMyWallet can also be funded with different Online Deposit Methods. Bank wires are the primary method of funding. It carries no limit and is free to use, outside of charges the bank requires. Western Union is another method, and fees do apply here as well. The transference fee is $10 dollars is you use under $300 dollars to load your account. MoneyGram is another alternative, and carries a $7 dollar fee if depositing under $200 dollars. Credit Cards are the the supreme method of account funding, and use a 5% fee. There are limits involved, however, and a $20 dollar minimum transaction. $300 dollars per day, $600 weekly, and $1,500 dollars monthly are the limits imposed. Withdrawals are sent out using wire transfer or paper check for a fixed fee of $20 dollars.

So, those are the main Differences Between Ewallets. Either one you use should not steer you wrong, but both are viable deposit methods. Since you cannot always use credit cards and bank drafts directly, using an e-wallet will make things much easier for you when you deposit.