eCheck vs. Flexepin

When it comes to choices, online casino players have plenty of payment methods to choose from, and two great options are eCheck and Flexepin. These two are quite different, yet offered across major online casinos, offering players convenience and safety. The two cater to different types of players; the former to players who believe in banks and the latter to those who believe in more forward-thinking and modern payment solutions. As such, one is suited where the other one is not. As an online casino player, you have the opportunity to try them both, as they are greatly popular payment solutions. Why use eCheck or Flexepin as your payment method at an online casino?

About eCheck and Flexepin

eCheck and Flexepin are, as introduced, two payment solutions that are fundamentally different. The former is closely tied with banks, while the latter is of a more modern nature. Nevertheless, they both use high-level security measures and are completely safe to be used across online gambling sites. They are especially valuable for those players who cannot use credit cards, due to halts or restrictions implemented by their jurisdiction, or for those who simply don’t want to share credit card details with operators. So, they are excellent alternatives to credit cards, but what more can they offer?

eCheck is actually the electronic version of a regular, well-known paper check, issued by a bank. As you know, paper checks are used globally, and available in virtually any country in the world; so are these electronic cheques. Considering its nature, it is clear that this solution is closely tied to banks and in order to use one, you would have to have an active bank account. In the same manner, the bank needs to clear and approve your check before you can cash it out. Since the bank is involved, its security measures and cyber safety protocols are implemented so you can rest assured that your funds will be safe with it.

So, it is quite simple, as you can see, as the only pre-requirement you need to meet to use an eCheck as your online casino payment method is to have a bank account. Now, regarding the transaction process, you do not need to worry about it. As long as you have your eCheck, you can rest be assured that your transaction will be processed via a background process that includes financial services like ACH, which make sure the transfers go smoothly, without ever bothering you. Of course, due to this background process, transactions with electronic checks take a while, 3 to 5 business days. So, if using it as a deposit method, you should not expect to start playing instantly. For withdrawals, the processing times are even longer, up to a week. Therefore, if you’re interested in using it, you must be prepared for these long waiting times.

Now, the story with Flexepin is an entirely different one. You should know that this is a voucher, a card that is extremely easy to be used and incredibly convenient for online casino deposits. It was launched in 2015, by a FinTech company from Australia, Novatti, and is operated by Flexewallet Pty Ltd. When it first went live, it immediately received the recognition it deserved and became an instant hit all across Australia. From there, it extended its reach to Canada, which is the second market where the solution became popular, with over 14,000 reselling points there, such as gas stations, kiosks, stores and shops.

But with time, the solution spread all across the globe. You will find it in South Africa, Switzerland, India, Brazil, Germany, Malaysia, the UK, and Italy.

The voucher, in all of these countries, can be purchased in land-based reselling points, but also online. That's one of its biggest perks. That, and the fact that it is extremely secure to use. Considering it works on the 16-digit code principle, you'll be the only one who can use the voucher since no one else but you knows the code. But, as an added layer of protection, the solution advises you on how to stay safe and further protect the funds on your voucher. On its official website, there’s a Stay Aware page where you can learn all about known illegitimate sites that are pretending to be accepting Flexepin, to avoid, and you will find a tool where you can check whether a certain site is allowed to accept it or not.

Now that you know the most essential info about the two solutions, it’s time to learn how to get started with and use them across online casinos. So, let’s get into it right away!

Getting Started with the Two Solutions

Since the two are incredibly different solutions, you have probably gathered that you’d need to go through different procedures to get started with each of them.

With eCheck, contrary to what you may have thought, you won’t need to visit your bank. Even though a solution functioning with banks, you don’t need to go to the bank in person, and you don’t even have to register a separate account, as long as you have your bank account active and ready to be used.

It goes like this. On your part, you need to go to the online platform that you intend on paying at, in our case, an online casino, and request payment via eCheck. That’s all you need to do. But as soon as you do that, you trigger the beginning of the background process. Now, your request is received by a third party financial service, like Authorize.net. This service will make sure to make the information you sent compact and easier to be further processed. Next, the Automated Clearing House Network, which is a network made of financial institutions and clears electronic cheques, receives it. After ensuring that the info is legit, the ACHN finally delivers the compacted and vetted file to your bank. From here, the bank will give it a final review and approve your cheque, making sure the money you wanted to be sent gets to the designated destination.

Things are much simpler when it comes to Flexepin, as you would assume. The first thing you would need to do is decide whether you’d want to visit one of the many reselling points to purchase the voucher offline or an online platform to purchase it online. If you decide to do it offline, you have places like the Hasty Market, GAS+ and Daisy Mart right around the corner, which resell Flexepin vouchers. But, if you want to do it online, you can either visit the voucher’s official website, create an account and buy it there, or visit platforms like SCDKEY, Korsit BV, DPO Think Payments, SEAGM, or TopMeUp by Payment Source.

Using popular payment methods such as Maestro, JCB, MasterCard debit card, AmEx, VISA debit cards, or PayPal, you can purchase the voucher in any of these reselling points, in denominations from $20 to $500 or currency equivalent. You can use the following currencies Australian dollar, Canadian dollar, euros, the UK pound, and even Bitcoin. You will receive the 16-digit code on the purchase receipt, and you’d need to keep it safe, as this will be your key towards using your voucher.

Keep in mind that you could combine up to 10 vouchers at one time, therefore, if you purchase the highest-denominated vouchers of $500, your deposit at an online casino could be of up to $5,000!

Using eCheck and Flexepin Across Online Casinos

We’ve established so far that eCheck and Flexepin have their own player fan base across online casinos. But we’ve also concluded that no matter which one you’d like to use, you’ll find it across many online casino sites. The two are quite popular, available across hundreds of sites where you could play your favourite games. Now, the first thing you’d need to do is choose the site you’d want to join, out of those hundreds. After you register an account with it, you’ll be all set and ready to make your deposits.

To make a deposit with eCheck, you would need to go through the following steps:

1. Go to the online casino’s Payments/Banking/Cashier page.
2. Look for eCheck’s logo, tap or click on it, and a pop-up window will appear on the screen.
3. Enter the required personal and bank account details.
4. Enter the amount of money you’d like to deposit at your online casino balance.
5. The background process will be put in motion and in 3 to 5 days, the money will arrive on your balance.

While many players would refuse to use eCheck for deposits, due to the long waiting times, they are more than glad to use it for withdrawals, as they won’t mind waiting for a week for their winnings to arrive on their bank account. So, it is safe to say that eCheck is more used for withdrawals.

The withdrawal procedure is pretty much the same, only this time, after your request your payout, you would need to wait for the casino to approve it. As soon as it does, the background process will be put in motion again and in a week, the money will be in your bank account.

With Flexepin, the depositing process is much simpler:

1. Head over to the online casino’s Cashier/Deposits page and look for Flexepin’s logo.
2. As soon as you click or tap on it, a new window will open.
3. Here, you’d need to specify how much you’d like to deposit and enter the 16-digit code.
4. The deposit will arrive on your online casino account in an instant, right after you confirm the transaction!

Yes, deposits with Flexepin, contrary to eCheck, are instant. However, the unfortunate thing is, this voucher cannot be used for withdrawals. Considering it is, indeed, a voucher, a card that can be used in one direction, it cannot process withdrawals, as there’s no return address. So, if you’re planning on using it for instant deposits, make sure you have a different method prepared, such as a cryptocurrency or an eWallet, to cash out your winnings fast.

Advantages and Disadvantages

As you were reading about these two exceptional solutions, you’ve probably already decided which one would suit you best, according to your needs and preferences. One is a bank-related electronic cheque, the other one a voucher. But, even though fundamentally different, they do have some things in common, perks that you’ll greatly enjoy.

First of all, they are both incredibly safe solutions to use, implementing their respective security measures. They are both available all across the globe, even though Flexepin has a list of eligible countries, spread across the world. They are both easy to be used, and quite convenient, as you won’t need to be spending hours to make transactions with them.

But, while they’re both available across many online casinos, eCheck is available for both deposits and withdrawals, while Flexepin only for deposits. Transactions with eCheck take, however, so long to be processed, in 3 to 7 days, while with Flexepin, deposits are instant. Among other disadvantages, we must mention the fact that with eCheck, you need to share banking details with the operator, even though these details will be protected. The fact that Flexepin is such an amazing deposit option gets easily overshadowed by the fact that you cannot cash out your winnings with it.

Nevertheless, even though they both arrive with their respective downsides, both eCheck and Flexepin are popularly used by online casino players. There’s a reason why players are choosing them over other solutions, and that should encourage you to give them a try as well, depending on which one you believe would suit you better. But, whichever of the two you choose, you will see that you’d be pleased with what it has to offer. Therefore, make sure you try them at least once, and you’ll see that your online gambling experience with them would be first-class.