UseMyFunds is a payment method for online casinos that originated in Canada but is now available worldwide. You can choose UseMyFunds to make payments to gaming companies without disclosing your bank details to the online casino.
Before you decide to use UseMyFunds, you should first make sure that your bank also works with UseMyFunds. This can easily be done via the UseMyFunds website. Let's find out more about the UseMyFunds casino sites.
Online Casinos That Accept UseMyFunds
Story Behind UseMyFunds
Before we talk about UseMyFunds in regards to online casinos and their payments, let us focus a bit on the history of the company. It was launched back in 2002 and was one of the first-ever internet-based payment systems.
It established itself as being a trusted system by using the regular internet banking system. It can be said that it even pioneered the online payment system that allowed customers to make their payments online using their bank accounts.
Today, it is used by 1.6 billion users all around the globe. One of the reasons behind its fame is that the interface is easy to use and acts as a buffer between the person/ business and the bank’s website. UseMyFunds allowed the payee to make the payment from their bank account but virtually. Business love UseMyFunds because all the transactions are done in real-time, which means that there is no risk for the merchants. They enjoy all the features of the company and benefit from them.
Using UseMyFunds in Online Casinos
It is commonly seen that online gamblers often rely on UseMyFunds to do all their online casino transactions as it is easy to use, and results are instant.
How to Deposit Using UseMyFunds
If you want to top up your online casino account with money, then you can do so using UseMyFunds. First, pick out the game that you want to play and go to the cashier page where you will need to choose UseMyFunds as a deposit option.
You will be asked to choose the bank that you have an account in and will be required to give your bank’s login information, which is completely safe to do so.
After that, you can put in the amount of money that you wish to deposit into your online casino account from your bank account and enter the information. Your online casino account will be topped up with the amount that you entered, and you can start playing your favourite games.
UseMyFunds Deposit Fees
There is no deposit fee, but when you withdraw money from your casino account into your bank account with UseMyFunds, you will be charged £1.00 for each transaction.
UseMyFunds Withdrawal Speed
Withdrawal is instant if you have your documents, but if not, then it can take from 1-7 business days. This is not one of the fastest payment methods available.
Fastest Paying UseMyFunds Casinos in 2022
Here you can find a list of casinos where to play with the best UseMyFunds casinos.
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Advantages and Disadvantages of UseMyFunds
The benefits of using UseMyFunds are numerous for any gambler that wishes to play in online casinos. You can use it no matter where you are in the world, as it is almost global. It is a company that is backed up by the biggest banks in the world.
When you make a deposit, they are completely free of charge, and your money is deposited immediately. Any transaction that you make with Usemyfund is completely secure and safe. You will not need to download any kind of software to use the service.
Another great thing about UseMyFunds is that you will not need to make an account with the service at all and can start using it instantly. You are not required to provide any information regarding your debit or credit card or any e-wallet account.
The withdrawals can only be made by people who have accounts in Canadian banks. Also, the service is not available in every country, and not every bank backs it.
Special Casino Bonuses Using UseMyFunds
The only bonuses that you can avail of are the ones offered by the casino. It's worth checking the promotions or bonuses page at the casino in question, as they'll list any which you can take advantage of when signing up or playing.
Customer Support at UseMyFunds
If you have any questions about UseMyFunds, you should get in touch with your bank. As UseMyFunds allows you to bank directly using your account, they should be able to advise you.
Payment Methods Similar to UseMyFunds
There are many online payment methods - and UseMyFunds is one of many. We've laid out some of the best ones to also consider below.
Security of UseMyFunds Online Casinos
Usemyfund as a company is secure and handles its customers' transactions with the utmost care, but make sure that the casino that you choose to do online gambling with should also be trustworthy and reputable.
Using UseMyFunds to Gamble
It is a reliable e-payment method for online gambling, no matter where you are in the world. It has been used by gamblers for a long time, which is why almost all casinos of the world have integrated it as an online payment service. Check out the best casinos in Canada listed on CTO.
License and Address of UseMyFunds
There is no particular address or license of the company UseMyFunds. We know the company is based in Toronto, but no address has been released on the official website. We made our own research and we can say that yes, this service is safe and it exists.
UseMyFunds Casinos FAQs
UseMyFunds is a popular payment method, but many people have questions about using it. We've listed a few of the major ones below.