Last Updated on: 23.08.2023
Top Rapid Transfer Casino Sites – Enjoy Instant Deposits in 2024
Rapid Transfer is a payment method that enables clients to make deposits and withdrawals using their online banking details, with no registration necessary. The service is popular in Europe and supported by over 3,000 financial institutions.
- Top Casinos with Rapid Transfer Payments
- What is Rapid Transfer?
- How Does Rapid Transfer Work?
- Rapid Transfer Casino Payments
- Deposit with Rapid Transfer
- Withdrawing with Rapid Transfer
- Rapid Transfer – Fees, Limits & Currencies Accepted
- Pros & Cons of Using Rapid Transfer
- Payment Methods Similar to Rapid Transfer
- Rapid Transfer Casino FAQs
Top Casinos with Rapid Transfer Payments
- VIP program
- Multilanguage platform
- Live casino tournaments
- Big welcome package
- Weekly reload
- Birthday bonus
What is Rapid Transfer?
Developed by Paysafe Group Limited – a company with a long-standing positive reputation in the payment-processing industry, Rapid Transfer is a secure payment solution which allows both casino operators and players to enjoy instant bank transfers.
Launched in 2016, Rapid Transfer has a PSD2 licence, it upholds the latest EU payment regulations and offers its users chargeback and refunds for additional protection.
The system has an impressive worldwide coverage; it is supported by 3000+ banks, including Barclays and Deutsche Bank and serves over 200 million European customers.
It is also one of the best casino deposit methods to go for and is becoming increasingly popular with operators worldwide. Many respected online casinos such as Twin Casino, PlayAmo and Betfair integrate it on their platforms for both deposits and withdrawals.
How Does Rapid Transfer Work?
Rapid Transfer allows anyone to pay for goods and services online without sign-up. All they need in order to complete a transaction is their internet banking credentials to use at check-out. In this way, transactions are protected by the bank’s highest safety measures, on top of the platform’s added security.
Although Rapid Transfer is compatible with popular e-wallets such as Skrill, it shouldn’t be seen as an e-wallet itself. Rather, it is an instant online banking solution or an intermediary between the player, the bank and their online casino of choice.
Where Can You Use Rapid Transfer?
Rapid Transfer is available mostly in the European Union and the UK. Customers from 19 European countries – such as Germany, the UK, Spain, Italy and Norway – can use the system.
Unfortunately, Rapid Transfer casinos are not yet available in some countries around the world.
Rapid Transfer – Safety, Security & Licensing
This payment solution is one of the safest online payment methods to go for, as you benefit from both the service as well as your bank’s security protocols when conducting a transaction.
As opposed to using credit or debit cards that expose your details, putting you at risk of card cloning or data theft, Rapid Transfer doesn’t store your online banking details. They remain fully encrypted by your bank.
Moreover, the Rapid Transfer system is PSD2 licensed in the European Union and the parent company, Paysafe Group is licensed by the FCA (Financial Conduct Authority) in the UK.
Rapid Transfer Casino Payments
Rapid Transfer casinos allow payments to be processed seamlessly. Users benefit from a convenient alternative that requires no sign-up on other payment-processing websites or additional log-in credentials to remember.
You can also pay from any device – mobile (Android + iOS), desktop or tablet – as Rapid Transfer offers optimisation for all screen sizes.
Deposit with Rapid Transfer
In order to make a deposit at a Rapid Transfer casino, you don’t even need to leave the website. All you have to do is:
- Select ‘Rapid Transfer' from the list of available deposit methods.
- Select your bank.
- Log in with your online banking details.
- Specify the sum you wish to deposit.
- Confirm the transaction.
You will be sent an additional security code (SMS or OTP – One Time Password) to insert as confirmation.
The money will be credited to your account and available to spend on casino games immediately, as all Rapid Transfer transactions get executed in real time.
Withdrawing with Rapid Transfer
Withdrawing from an online casino with Rapid Transfer is just as easy. All you need to do is:
- Select ‘Rapid Transfer' at check-out.
- Insert your online banking details.
- Specify the sum you wish to withdraw.
- Authorise the transaction.
One downside, however, is that unlike deposits, withdrawals are not instant and it can take 3-5 business days for the money to be sent.
We should also mention that some Rapid Transfer online casinos only integrate the service for deposits, not withdrawals. Depending on your casino of choice, you may need to look for alternative payment methods to cash out, which may be slightly inconvenient.
Another downside worth mentioning is that Rapid Transfer transactions appear on your bank statement – for privacy-seeking players who want to separate gambling transactions from day-to-day expenses, this can be a major setback to using the service.
Rapid Transfer – Fees, Limits & Currencies Accepted
Although Rapid Transfer is free to use for customers, you may be charged a commission or a processing fee by your bank or the online casino. It’s best to check with your bank and also read the casino’s terms and conditions in advance.
Rapid Transfer supports all the major EU and UK currencies, such as EUR (Euro), SEK (Swedish Krona), NOK (Norwegian Krone), PLN (Polish Zloty), GBP (British Pound), DKK (Danish Krone) and HUF (Hungarian Forint).
No fixed deposit or withdrawal limits are set by Rapid Transfer themselves, however, they may be set by the casino you’re playing at. On average, the minimum deposit threshold for most casinos is €/£10, and the maximum withdrawal in a single transaction is €/£5,000.
Pros & Cons of Using Rapid Transfer
Are you wondering if the benefits of signing up at an online casino with Rapid Transfer trump the risks? Here’s a balanced overview of the service:
- No sign-up required
- Instant and secure deposits
- No fees to use the service
- Global coverage
- Compatible with all major financial institutions
- Supports multiple currencies
- No need to remember other login details or passwords
- Many high-quality operators are also Rapid Transfer Casinos
- Not available in some countries (Thailand, Canada)
- Some casinos don’t support Rapid Transfer withdrawals
- Some casino bonuses may not be available if depositing with Rapid Transfer
- Withdrawals are not instant
Payment Methods Similar to Rapid Transfer
If you prefer the added security of online banking – as opposed to debit or credit cards that expose your personal details every time, there are many payment methods that work exactly like Rapid Transfer, namely:
Rapid Transfer is a fast and secure payment method that is increasingly popular at poker sites, online casinos and sports-betting operators.
Using the service is as seamless as it can get – you don’t need to sign up for an account, you only need to have online banking activated and use those details to make a casino deposit or withdrawal.
Rapid Transfer is popular in most European countries and, because it’s developed by Paysafe Group, it offers state-of-the-art security and encryption (SSL and VeriSign).
Rapid Transfer Casino FAQs
Rapid Transfer is a payment service created by Paysafe Group that offers instant and secure bank transfers, with no sign-up required.
Because the service is present in both the EU and UK, top Rapid Transfer Casinos can be found in both regions (e.g.: PlayAmo, Dream Vegas, Videoslots, Paddy Power etc.)
Make sure you have a bank account at any of the banks supported by Rapid Transfer and that you’re playing at an online casino integrated with this payment solution. To make a deposit or withdrawal, you only need your online banking details to use at check-out.
All Rapid Transfer deposits are instant, however, withdrawals can take anywhere between 1-3 days on average.
Yes. Rapid Transfer was created by one of the most trusted multinational companies in the payments industry, Paysafe Group. It also has a PSD2 licence.
Rapid Transfer does not charge users any fees directly. However, using the service may incur processing fees from your bank. These are usually minimal and will be displayed transparently before confirming any transaction.
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Iggy is a seasoned writer, editor, and strategist with over a decade's experience in content creation. Having contributed posts to the Malta iGaming Seminar 2014 blog and written content for the Malta Gaming Authority’s website, no topic is alien to him. Iggy especially likes to scrutinise casino operators and games to give his readers the best possible gambling experience.