ACH vs. Flexepin

Availability is something that bothers online casino players each time they're trying to find a suitable payment solution to use, but with ACH and Flexepin, many players get a choice. These are two solutions available in different countries across the globe, catering to international players across online casinos. They both offer different perks and downsides and are suited for different types of players, so they both have their own fan base. Before we get to the part where the online casino transactions with them are explained, let’s first see who can use these two solutions. What are ACH and Flexepin and why use them across online casinos?

About ACH and Flexepin

ACH and Flexepin are not credit cards or eWallets, yet they are quite used by players across online casinos. As years went by, they managed to get their fan bases, due to the different perks they offer to different players. One of the things that makes them popular casino solutions is that they are both offered to players from different countries, so if you cannot use one of them, you'll probably be able to use the other. What you should know at this point is that they are both safe solutions and offer convenient and easy transactions. And they are both alternatives to credit cards, so in case credit card gambling is banned in your country, you can still use them.

An acronym for Automated Clearing House, ACH is a payment processing solution that moves money from your bank account to the online platform of your choosing, hence, the online casino, in a secure and convenient way. The best thing about it is that you don't need to visit your bank in order to request a transaction with it since the solution will do the hard work for you and you'll still be able to make a payment directly from your bank account to the desired recipient. Third-party financial institutions are helping it complete the transaction, so you're never bored with details and you're never putting an effort into making the transfer possible.

So, what’s the catch with it? Well, you’d be disappointed (or happy) to learn that this is a solution that you can use only if you’re a US player. You would need to be a citizen of the US and hold an account with a US bank, in order to use it. The solution is based there, as are the third parties involved, so if a player from the US, you can rest assured that your money will be treated with the utmost respect. ACH, as a matter of fact, is one of the most trusted US methods, and one US citizens use quite a lot, for all kinds of different online transactions.

Why, you might ask? The secret with ACH is that makes sure you're not bothered with anything. As soon as you request a transaction via it, without visiting your bank, you can rest assured that all the hard work will be done and the transaction will be processed safely, without you lifting a finger. But, since there's a background process involved, the transaction is not processed instantly, as with many online casino payment methods. You'd have to give ACH some time before it processes the transaction, and that's another catch with it. Most players want their deposits to be instant, and this is why they are sceptical when it comes to using this solution for deposits. However, ACH is one of the best withdrawal methods across US online casinos, and US players love using it for withdrawals because, despite the waiting times, they can rest assured that the withdrawal will eventually arrive safely. Another thing here is that with it, you can process huge amounts of money, so ACH is great for withdrawing jackpot winnings. Instead of waiting for the jackpot winnings to arrive on your bank account in small batches, over a few months, ACH will process them all at once!

Flexepin is a simpler solution, a voucher. It was launched not that long ago, in 2015, by Novatti, an Australian financial technology company. It is operated by Flexewallet Pty Ltd, and in a short period of time, it has managed to get the users' attention across the nation. Soon enough, it expanded its reach and today, it is not only offered in Australia but so many other countries. In fact, Canada is the second country where Flexepin is extremely popular and used among people. There are more than 14,000 reselling stores, kiosks, shops, and gas stations in Canada which resell the voucher.

But, the solution is also available in Switzerland, Brazil, Malaysia, Italy, India, the UK, Germany and South Africa. You should know that the voucher can be purchased both online and offline across these countries, so even if you don’t want to leave your home, you can easily buy it across the authorized online platforms.

Why is Flexepin a voucher you should go with? Because it is one of the safest vouchers out there. It is licensed and regulated by the Australian Financial Services and the Australian Securities and Investment Commission. The funds you have on the voucher are further protected with a code you receive upon purchase, containing 16 digits. And, when you visit its official website, you will find a page instructing you on how to further protect your details. Going to the Stay Aware page, you will discover how to find legitimate sites that accept it, and a list of banned sites that are not authorized to accept payments with it.

Getting Started with the Two Solutions

To get started with ACH, you will need to go through a simple procedure, one that will not involve a visit to the bank or a registration of a separate account to use its services. You can start using it right away, on the platform you’d need to pay at, as long as you’re a US citizen with an active US bank account.

When you visit a site you’d want to pay at with ACH, you would need to choose it as your payment solution, specify the desired destination, and the money you’d want to send, as well as your bank account details. From there, ACH will deduct the money from your bank account and send it where it is supposed to.

Getting started with Flexepin, as mentioned, would involve purchasing the voucher. Since you can buy it both online and offline, the first thing you’d need to do is decide on which way to go with. if you want to purchase it online, you can go to its official website, create an account and pay for the voucher. Or, you can go to online platforms like TopMeUP by Payment Source, Korsit BV, SEAGM, DPO Think Payments or SCDKEY. If you want to buy it offline, there are thousands of authorized reselling places, such as Daisy Mart, GAS+ or Hasty Market.

You should know that you could use many payment methods to purchase the voucher with. AmEx, JCB, PayPal, VISA debit cards, MasterCard debit card, and Maestro are your options. The voucher can be bought with many currencies, euros, Canadian dollar, US dollar, UK pound, and Australian dollar, of course, but also the cryptocurrency Bitcoin! The voucher comes in many denominations, from $20 to $500, but if you combine up to 10 of them, which is an option, you can make a deposit of up to $5,000 at an online casino!

Using ACH and Flexepin Across Online Casinos

As you could notice, ACH and Flexepin are two convenient solutions to use across online casinos, mainly because they are both super-easy to get started with. But you should know that they are also accepted across many casino sites. ACH is offered across most, if not all, US casinos, while Flexepin across most international online casinos, catering to players from across the globe. All you’ll need to do is decide which one of the two you’d like to go with, and then find an online casino that accepts it. Join the casino, and you’ll need to go through the respective depositing procedures.

To make an ACH deposit, follow these steps:

1. Go to the casino’s Banking Methods/Cashier/Banking page.
2. Locate ACH’s logo and click or tap on it.
3. In the new window, enter your bank account details.
4. Enter the amount of money you’d like to deposit on your online casino balance.
5. Wait for ACH to ask your permission to deduct the money from your bank account.
6. Confirm the transaction and you’ll see the money arriving on your online casino account in a few days.

As mentioned, ACH is mostly used by US players for withdrawals, since players can withdraw huge amounts of money with it, thanks to the fact that the solution is directly linked to your bank account. Therefore, even if you decide not to use it for deposits, as deposits might take a few days to arrive on your casino balance, make sure you use it for withdrawals. You can withdraw as much as you want with it, by going through the same procedure as the one described above for deposits.

To fund your casino balance with Flexepin, you would need to do the following:

1. Visit the casino’s Banking Methods/Cashier/Banking page.
2. Locate Flexepin’s logo and click or tap on it.
3. In the pop-up window, enter the 16-digit code we mentioned earlier, the one you received upon the purchase.
4. Specify the amount of money you’d like available on your casino balance.
5. Confirm the transaction and watch the money arriving on your balance in an instant!

While deposits with Flexepin are instant and so easy to make, unfortunately, you won’t be able to make withdrawals with it. Due to its nature as a one-time voucher, it can be used only for deposits, for one-way transactions. You won’t have a return address to provide to the casino so that it could send you your winnings. Therefore, when using this voucher for deposits, you would need to prepare a different method for cashing out your winnings. Cryptocurrencies or eWallets would do just fine, since withdrawals with them are pretty quick, and these are some of the most cost-efficient withdrawal solutions.

Advantages and Disadvantages

ACH and Flexepin differ on many levels. The former is a payment processing system that is tightly connected to banks, while the latter is a voucher, which can be purchased both online and offline. ACH is available in the US only, and processes transactions in the US dollar only, while Flexepin across many other countries, and can be purchased with multiple currencies and even one cryptocurrency.

They are both extremely easy to get started with, and extremely secure solutions to use, ACH with leading US banks behind it, and Flexepin with all the licenses by the Australian authorities. However, there are two major downsides they both arrive with. With ACH, deposits can take up to five days, and this is something players are not willing to accept, considering they'd want to play at their chosen casino right away. With Flexepin, though, withdrawals are not an option, and this is also something that players hate because most of them want to use one single solution for both deposits and withdrawals.

Therefore, as introduced, ACH and Flexepin are two different solutions, suitable for different types of players. Nevertheless, as you could see, they both arrive with their perks, so you would need to weigh them in, check which one would suit you better, and go with it, and not only in terms of country availability but also in terms of what’s on offer. Whichever you choose, you will see that you’ll get a seamless online casino banking experience.