Flexepin vs. MoneyGram

Across online casinos, players have a variety of payment methods to explore, but global players somehow always choose to go either with Flexepin or MoneyGram. The thing is, these are some of the most popular payment solutions which are accepted across many countries globally, so their fan base is huge. This availability is especially important in the online gambling industry since even though local methods may seem like more reasonable solutions to use, global methods offer better perks across online casinos. Why choose to use Flexepin or MoneyGram across online casinos?

About Flexepin and MoneyGram

Flexepin and MoneyGram are, as introduced, global payment methods, particularly popular across online casinos. The two are accepted across so many countries globally, and that's what makes them perfect for both operators and players. Players from any country in the world can play at any casino, regardless of where the operator is based. And while they are pretty different in terms of how they function, other than the global availability, the two have several things in common. Let's check them out separately before we compare them and the shared values they offer.

Launched in 2015, Flexepin has been operating for more than half a decade now. It is an Australian-based solution, launched by Novatti, a FinTech company, and operated by Flexewallet. Initially, its goal was to cater to Australian users, with a strategic expansion plan to expand its reach across other countries. Canada was among the first markets to embrace it, with over 14,000 retail points within its border, but later the solution expanded to Switzerland, India, Germany, South Africa, Brazil, Italy, and Malaysia.

But what type of payment method is this and why it has been welcomed by so many countries? Well, this is a voucher system that has managed to offer so many great things and surpass many of its competitors across these markets. For one, you can purchase it both online and offline. Two, you can use many fiat currencies but also digital currencies to purchase it. That’s right, if you have some Bitcoins, you can use them to purchase your Flexepin voucher. That’s actually one of the main reasons why online casino players particularly love using it.

The security measures it implements are way better than you would expect for a simple voucher. The thing is, the solution is regulated and holds a license by both the Financial Services and the Australian Securities and Investment Commission. This makes it legit and safe to use right away. But, it also utilizes the 16-digit code system to protect your transactions, for authentication. On top of that, it warns users about scamming activities that have happened in the past, about sites that pretended to be authorized to offer the voucher, when in fact, they were not. You can check out the Stay Aware page and learn how to further protect your funds by using a tool, where you can enter the URL of the site you're intending to pay at using the voucher and see whether it is truly allowed to process transactions with the voucher.

MoneyGram is a solution that doesn't really need a formal introduction because you probably know what it is, you've seen its logo in one of your town/city's corners. This is a money transfer service that has been operating for ages and has a massive network all across the globe. Believe it or not, the concept behind it was invented way back in 1940. This was the time a money order company Travelers Express was founded, but the MoneyGram service we know of today was launched way later, in 1998, when the company merged with Integrated Payment Systems Inc. Considering these are US companies, it should not come as a surprise to learn that MoneyGram was first available on the USA soil only, but as it started opening branches and offering its services in other countries as well, in 2004 it renamed to MoneyGram International and became accepted globally.

Today, you will find it available across over 200 territories and countries across the world. Over 150 million users are enjoying its services, both across the hundreds of land-based branches and across the internet. Leveraging from its ultra-modern platform, the solution started offering its services online, too, even though its land-based presence is unrivalled. Nevertheless, the solution now gives users the chance to transfer money across the globe in the way they want to, either by visiting a brick-and-mortar branch or using the online option. In fact, MoneyGram has become one of the leading digital P2P money transfer services in the world, so no matter if you want to use it via your desktop, tablet or smartphone device, you’ll know you’ll be getting a great service.

Last but not least, we must mention that MoneyGram rewards users for their loyalty. In fact, when you first get started with it, you get a 20% off the fee for your next transaction with it. As you’re making further transactions, you’ll also be collecting Plus Rewards, which can later be redeemed for further perks. All combined, and the fact that the solution has gone digital, have helped MoneyGram cement its position as one of the most popular payment methods across online casinos. Sure, it was used previously, too, but when it went digital, the number of casinos that accepted it started growing immensely. Today, you’ll find it across the very best casinos, so let’s see what you need to do to start using it.

Getting Started with the Two Methods

The getting started process with the two solutions is different, of course, considering how different the two are. But, you can relax knowing that no complicated procedures will be involved.

To get started with Flexepin…

… you would first need to decide whether you’d want to purchase the voucher online or offline. If you go with the online option, you have platforms like SEAGM, Korsit BV, DPO Think Payments, SCDKEY and TopMeUp to explore, or you can just go to its official website, create your account and purchase it right there. If you want to go with the offline option, you would need to visit one of the hundreds of retail stops, reselling points, kiosks, gas stations and shops. Some popular options are BP, Daisy Mart, Hasty Market and GAS+. You would just need to give your money to the desk clerk and you’ll receive your voucher.

On that note, we must mention all the fiat and digital currencies you can use to purchase the voucher. Australian dollars, of course, are your option, but so are Canadian dollars. You can purchase the voucher with euros, US dollars and UK pounds, too, as well as with Bitcoin. The payment methods you can use for purchasing include JCB, Maestro, AmEx, VISA debit card, MasterCard debit card, and PayPal.

Once you provide the payment method details, you will need to choose the denomination you’d want to purchase, from $20 to $500, or the currency equivalent. You can combine up to 10 vouchers at one time, so when depositing at an online casino, your deposit can be of up to $5,000. Not bad if you're a high-roller, right? Now, after you’ve purchased your voucher, you will get a receipt containing the 16-digit code you’d need to use as your password when depositing, so do not throw the receipt away, and keep it safe.

You would need to make a decision…

… whether you want to send your transfer offline or online with MoneyGram, too. If you want to do it offline, all it would take is a visit to the nearest branch, some cash and an ID document, and your funds will be on their way. If you don’t know where the nearest branch is, visit its official website and type your address in the locator tool for the solution to generate some options for you.

If you want to do it online, you can also visit its website and create your account with the solution. Or, you can download its dedicated app from Apple App or Google Play Store and start the registration procedure from the app. Either way, you’d need to provide your email and password, mobile phone number and some personal details about yourself. After you’ve accepted the Terms of Use, your account will be ready to be used, on any desktop, iOS or Android mobile device.

The actual transfer process would go like this. You would need to specify the amount of money you’d like to send, and the receiver’s personal and banking details, specifying how they would want to receive the money. Then, you’d need to wait for the solution to calculate the fee, and afterwards, you’d need to pay the total using your bank account or card. Soon after the payment is completed, you’ll receive a reference number which you need to provide to the receiver to successfully receive the transfer.

Using Flexepin and MoneyGram Across Online Casinos

When it comes to their availability across online casinos, as we mentioned, Flexepin and MoneyGram are really popular solutions, the former being available across around 150 gambling sites, while the latter at around 40 sites. You will have no difficulties finding one casino that you’d like to join that accepts either of them, so just do it, and register an account with your preferred casino.

From there, to make a deposit with Flexepin, do the following:

1. Go to the casino’s Banking/Payments/Cashier section.
2. From the list of Deposit methods, find Flexepin’s logo and click or tap on it.
3. In the new window, just specify how much you’d like to deposit and enter the 16-digit number.
4. Confirm the transaction and you’ll see the deposit arriving on your balance in an instant.

Deposits with Flexepin are instant, as you could see. However, withdrawals with it are not an option, as you would assume. Since this is a voucher, it’s not in its nature to process cashouts, since it works in one-way only. Therefore, when depositing with it, have a different method in mind to cash out your winnings eventually.

The process of depositing with MoneyGram…

… has actually already been explained earlier, when we explained how to request a transfer with it. But let’s review the steps:

1. Head over to the casinos Banking/Payments/Cashier section.
2. From the list of accepted methods, click on MoneyGram’s logo.
3. In the pop-up, log into your account using your MoneyGram credentials.
4. Specify how much you’d like to deposit on your balance, and if not already pre-entered, enter the preferred way the casino would like to receive the money.
5. Wait for the fee to be calculated, then pay the total using your bank account or card.
6. As soon as you receive the reference number, send it over to the casino.
7. After the casino confirms it, your deposit would be on your balance instantaneously!

Contrary to Flexepin, withdrawals with MoneyGram are not only possible but also pretty popular, especially among US players. The process is similar, only in reverse, so this time you’ll be the one waiting for the reference number to be sent by the casino so you can cash out the winnings you made as you requested.

Advantages and Disadvantages

We said in the beginning that Flexepin and MoneyGram share some values. Let’s review them. First of all, both are popular solutions, since they are available globally. Flexepin is available across several countries, MoneyGram across virtually every single country in the world. Secondly, they are both available offline and online, so you can get started with them as it suits you. Thirdly, they are actually pretty easy to get started with. And then, of course, we must mention the fact that they both provide you with instant deposits.

On that note, while they both deliver instant deposits, Flexepin’s biggest disadvantage is that it does not process withdrawals, while MoneyGram is quite a popular withdrawal method. Speaking of disadvantages, Flexepin’s availability is limited compared to MoneyGram. Plus, there’s only a pre-selected number of currencies you can use to transact with it, while with MoneyGram, your choices are limitless. On the other hand, while Flexepin does not charge fees, you need to pay a fee each time you’re transacting with MoneyGram, a fee that’s calculated based on how much you’re transacting and the payment methods involved.

Nevertheless, since you can access both of these solutions across many online casinos, make sure you do give them a try. They are still exceptional methods, offering safe and effortless transactions, so you’d want to give them a chance.