A good number of gamblers who try their hands at online casino games end up hitting a jackpot or winning some cash rewards. Thankfully, OKPay facilitates withdrawals at these gambling sites, making it as quick and easy as depositing.
OKPay payouts take two different approaches based on the player’s preference. If the punter deposits directly from their virtual OKPay account, the casino will remember the payment option, so the winnings will be transferred directly to the same OKPay account.
Alternatively, the player can withdraw to an OKPay debit card, whereby the transfer will follow the same procedure as crediting money to a bank account. The process is even more convenient on mobile phones.
Generally, here is how to cash out casino winning with OKPay.
- Go to the cashier area and click the ‘Withdrawal’ or similar button
- Fill in the amount to cash out
- Choose OKPay/OKPay debit card as the withdrawal option
- Complete the verification procedure and submit
Withdrawal time, fees, and transaction limits
OKPay withdrawals arrive in the designated account on the same day. The casino usually takes about 24 hours to approve the payout and quickly sends it to the legitimate winner.
The withdrawal fees are taken from the casino (0.5%), not the recipient player. New players may be asked to provide documents for Know Your Customer (KYC) verifications.
This should not be a problem as it is just a security protocol to prevent money laundering and identity theft. It is good to read the terms and conditions for withdrawing from an online casino. That way, the player can see the minimum and maximum amount to withdraw. Any amount exceeding 300 EUR will require verification by OKPay.
Once the player receives their winnings in an OKPay account, they can get cash in their hands through a dozen options. For instance, they can move the balance to an OKPay MasterCard, online banking account, other e-wallets, mobile payment, local cards, and international payment options (Skrill, Visa, QIWI, UnionPay, Webmoney, and Alipay).
Because OKPay is widely accepted, casino players are not limited to geographical regions, except in countries under sanctions. Plus, it facilitates currency exchange in real-time.
Safety and security at OKPay
Every gambler wants to play online casino games with peace of mind. On this platform, we review payment methods and online casinos that put safety and fairness first. When signing up at one of the platforms hereunder, players have nothing to worry about their sensitive data getting into the wrong hands.
OKPay is known for its innovative security system. Any payment made to a casino via this system is 100% secure. The privacy policy at OKPay stipulates that only authorized stakeholders can access the user data.
Personally identifiable information is handled with utmost confidentiality to curb fraudulent access by third parties. When players deposit or withdraw funds via OKPay at online casinos, the financial details are transmitted as per the European General Data Protection Regulation (GDPR).
OKPay also employs a thorough verification process to prove the identity of customers. Users are required to submit scanned copies of their original documents, such as a national ID, passport, or driving permit. Again, no unauthorized user can access an account without a legitimate mobile device or email address. Unverified accounts have limited transaction options.
To further mitigate illegal transactions and comply with anti-money laundering (AML) policies, OKPay requires verified users to complete questionnaires on their financial activity. This helps to track the origin of funds. Any suspicious activity will be scrutinized and abolished within the system. As an added bonus, punters get more security and privacy using OkPay with cryptocurrencies thanks to blockchain technology.
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