CASHlib vs. MoneyGram

When playing across online casinos, players wish to put their trust into a payment method that would keep their money safe and make their transactions super-fast, so if one such player, consider using CASHlib or MoneyGram. These two are fundamentally different payment solutions, so you’ll have the opportunity to choose one or the other. You can rest assured that you’ll find plenty of casino sites that accept them, so you’ll have a huge choice of casinos to explore, too. But before you do all of that, stay with us to learn what are these solutions really and how beneficial it would be for you to use them. Why choose CASHlib or MoneyGram to use across online casinos?

About CASHlib and MoneyGram

Having the chance to choose from premier and safe payment methods at an online casino site is a real bliss. But things get heated when you're in a dilemma about whether to use one or another payment solution. You'll have this dilemma after you read about two great solutions, CASHlib and MoneyGram. Luckily for you, the two are entirely different payment methods, so depending on the type of online casino player that you are, the decision would be an easy one, mainly because the two are exceptional payment methods, designed to cater to different types of users.

CASHlib is an already popular voucher, launched back in 2015. It hasn’t been around as long as many other competitors, but has managed to bring the voucher game to a different level, and serve people from all kinds of European countries and their overseas territories. When the company behind it designed it, it tried to fill the void on the European market, creating a voucher that can be purchased both online and offline.

Naturally, as a voucher, it is an excellent alternative method for those users who don’t have or do not wish to pay across the internet using their debit and credit cards or bank accounts. That's why it is especially useful for online gambling transactions because to use it, all you need is to purchase your voucher and enter the 16-digit code to complete the transaction. That means you never need to share any banking or card details.

On that note, CASHlib is incredibly useful for online casino players from countries, like the UK, where not only it is available, but a credit card gambling ban exists. German players can also enjoy its services, but so can players from France, Spain, Belgium, French Guiana, Greece, Luxembourg, the Netherlands, and Guadalupe. In all of these countries, you can purchase the voucher at land-based reselling stores, but in some, you can even purchase it online.

MoneyGram was launched way before CASHlib. Believe it or not, the foundations for the service were laid way back in 1940, when Travelers Express was created. The money order company from Minneapolis created the system that would later serve as the foundation of MoneyGram International, launched in 2004 when Travelers Express merged with Integrated Payment Systems Inc. With that move, the solution became available not only to the US citizens but also went global.

There’s not a chance in the world that you haven’t heard of MoneyGram or seen its logo in your own country, city even, if not in a foreign country you’ve visited. This is truly a payment method that has left its footprint, literally, in every country across the world. Its powerful land-based presence counts millions of branches where over 150 customers are using its services. But, today, its digital presence prevails. MoneyGram is today one of the top P2P digital payments providers, offering digital direct-to-customer payment solutions, allowing users to make quick and safe transactions thanks to its partnerships with global brands and its modern and API-based platform.

So, while in the past, you needed to visit a land-based branch in order to request a payment via it, today, you can use the money transfer service online, and make a transaction with a few taps or clicks on your mobile or desktop device. You can even download its app for an even more convenient mobile banking experience. And since you can send and receive money with it to and from any country across the globe, it should not surprise you to learn that MoneyGram is quite a popular payment method among online casino players. Players love the fact that they can make both deposits and withdrawals with it, regardless of where the casino is based or which their country of residence is.

Getting Started with the Two Methods

The process of getting started with either of these two methods is quite straightforward and intuitive. Once you hear about the respective procedures, you’ll see how easy they are and how quickly you’ll remember them.

With CASHlib, you would first need to check whether your country is on the list of countries that allow the online purchase of the voucher. These countries are France, the UK, Belgium, Spain and Luxembourg. So, if a player from any of these, you can purchase your voucher online via the BeCharge platform. Just choose the method that would work for you from the ones offered at the platform, decide the denomination and pay for it, and that’s it.

But, if you’re ineligible to purchase it online, go to its official website and you’ll find a store locator tool. Enter your address to discover the nearest location or vending point where you can purchase your voucher. You would need to visit that location, take cash with you or a card, and purchase the voucher from there.

The voucher comes in denominations from €10 to €250, regardless of whether you’re purchasing it offline or online. But, to make a deposit, you can use up to five vouchers at once, so the most you can fund your online casino balance at one time with it is €1,250. After you’ve purchased your voucher, to start transacting with it, you’ll only need to use the 16-digit code, and that’s it, the money will be instantly transferred as soon as you enter it in the designated field on the platform or in our case online casino you’re playing at.

With MoneyGram, you would also need to make a choice whether you’d like to request a transaction online or offline. If online, either visit its official website or download its mobile app from Apple App Store or Google Play Store, depending on whether your device runs on iOS or Android. Either continue with the website or open the app to create your account. You would need to enter your email address, password and phone number, and accept the Terms and Conditions.

If you wish to request the transaction offline, you would need to visit one of its millions of branches all across the globe. Visit its website again, to find the locations finder tool and find the nearest branch to your house. Visit the branch and provide the desk clerk with the money you’d want to send.

The actual paying process goes like this. You state to whom the money needs to be sent, how much and how the receiver would like to cash it out. MoneyGram will calculate the fees and tell you the exact sum you’d need to pay. You can complete the payment via your bank account or any card. Keep in mind that depending on which method you and the receiver are using to complete the transaction as well as how much money is being transacted, the fees will vary. After the request has been sent, you will receive the reference number you’d need to share with the receiver in order to successfully complete the transfer.

Using CASHlib and MoneyGram Across Online Casinos

As you could notice, it is quite easy to get started with both of these solutions. But you should know that it would be also easy for you to find casinos that accept them. Both of these solutions have become quite popular across the online gambling industry, appreciated by players and operators equally. CASHlib is accepted in over 100 online casino sites, while MoneyGram in over 60. So, you’ll have plenty of choices to consider and explore, to find the right one for you to join.

After you’ve created an account with a casino that accepts CASHlib, to actually make your deposit, you would need to go through the following steps:

1. Go to the casino’s Deposits/Banking/Cashier page.
2. Locate CASHlib’s logo and click or tap on it.
3. In the new window, just specify the 16-digit code you received when you purchased the voucher.
4. Just confirm your request and watch the money arrive immediately on your casino balance!

Unfortunately, withdrawals with CASHlib are not an option, but you have probably assumed that. Considering this is a voucher, it cannot process transactions the other way around; the casino would not have a return address to send you your winnings at. So, when depositing with it, have a different method in mind, ready for cashouts.

If you decided to join an online casino that accepts MoneyGram, to make a deposit with it, you would need to do the following:

1. Head over to the casino’s Deposits/Banking/Cashier page.
2. Find MoneyGram’s logo and click or tap on it.
3. In the pop-up window, log in to your MoneyGram account.
4. Specify how much you’d like to deposit, and if not pre-entered, enter the receiver’s (casino’s) information, meaning how it would like to receive the funds.
5. After the solution calculates the fees, pay the exact amount, as displayed, via your bank account or card.
6. Send the casino the reference number and after it confirms it, you will see the money arriving on your casino balance in an instant.

Contrary to CASHlib, MoneyGram does process withdrawals. In fact, it is considered among the top withdrawal methods in the US online gambling market. As long as accepted for withdrawals at your chosen casino, you would need to go through a similar procedure to cash out your winnings.

After you choose it from the Withdrawals page, by clicking or tapping on its logo, in the pop-up window, specify how much you’d like to withdraw and how you’d want to receive the money. The casino would need to first check whether you have enough to withdraw and then do its part, go through the necessary steps to confirm the transaction. When you get the reference number, just cash out the money as you wished and enjoy it!

Advantages and Disadvantages

As we introduced them, CASHlib and MoneyGram are, indeed, two very distinct payment methods. The former is a voucher, the latter a money transfer service provider. But, even though fundamentally different, the two have some shared values.

For one, they are both offered across over 50 online casino sites, which is a great thing for you as an online casino player, since you’ll have a huge choice of casinos to consider to join the one that suits you most. Two, they both provide you with instant deposits, so you don’t need to wait for ages for the money to arrive on your balance. And three, they are both accepted in some of the biggest European online gambling markets. Plus, you can request transactions with them both online and offline.

However, they each arrive with their own disadvantages. CASHlib, for one, cannot be used for withdrawals. As a voucher available only in a few European countries, it is not an option for players from other continents across the globe. And then, we should mention the deposit limit, which cannot be over €1,250 at one time. So, it is definitely not suited for high-rollers. Add to that the fact that you cannot purchase it online in all of the eligible countries, but only in some, and all of the downsides with it are summed up.

Consider all of these pros and cons to make a wise decision. Depending on your preferences, pick the one that suits you most, but you can rest assured that whichever of the two you choose, you'd have seamless online banking with it.