UseMyFunds is the main service of the Canadian company UseMyServices that facilitates online payments by connecting your current banking institution to an online casino privately. Launched in 2002, UseMyFunds is used by 1.6 billion users worldwide and is a safe and secure payment method for online casino players all over the world.
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When you play at a UseMyFunds online casino you know that you’re playing with the most experienced in online banking payment methods – UseMyServices, the parent company, has been providing services in the financial sector for around for 30. In fact, it has kept with its tried and tested method and UseMyFunds remains a service that acts as an intermediary between a customer’s bank account and an online merchant, in this case, the online casino you want to play at. You can choose the best UseMyFunds online casino from the toplist above, you don’t even have to have a UseMyFunds account to start playing.
Why Use USeMyFunds at Online Casinos?
- It’s the main payment service of the company UseMyServices;
- It facilitates online payments by transferring funds from your bank account to the online casino;
- You need to have an online banking account at one of their many partner banks from around the world in order to use it;
- Payments are free of charge;
- Withdrawals are restricted to those with Canadian online bank accounts.
How to Make Payments and Withdraw at a UseMyFunds Online Casino
It really couldn’t be easier to use this service, you don’t even have to have an account or provide personal documents to make a payment. However, there are different requirements if you wish to receive a payment. Read below to understand how to deposit and withdraw funds.
Making a Deposit at a UseMyFunds Online Casino
To top up your online casino account with UseMyFunds you have to follow these simple steps:
- Pick which game you want to play, how much you want to deposit, then select UseMyFunds from the payment options.
- You will be offered a selection of banks to choose from, select the financial institution that you have an online banking account with.
- You will be asked to enter your online banking login ID and password.
- Confirm the amount you want to deposit to the online casino.
- Click to go back to the online casino.
- Start playing instantly!
If you don’t already have an online banking account, practically every bank offers this service so all you will have to do is contact your bank so you can have an online banking option as well. If you want to you can open a UseMyFunds account, although you don’t have to. The only difference is you will be able to see your UseMyFunds transaction history.
Using UseMyFunds to Make Withdrawals from Online Casinos
Even though UseMyFunds is a really great way to make payments to online casinos, it has significant restrictions if you also wish to use it to withdraw your winnings. To start with, you have to have a Canadian bank account, have a buyer account with UseMyFunds, and then be approved for Pre-Authorized debit. If you wish to withdraw using UseMyFunds you have to do the following:
- Have an online bank account with a Canadian financial institution.
- Sign up for a UseMyFunds buyer account and take note of your login and new password.
- Once logged in to your new account, download the available forms to register for Pre-Authorized Debit (PADS).
- Fill out the PADS forms with all the required information, and then send all completed documents to the UseMyServices support team by post, email, or fax. You will find all contact details on the website.
- You will receive confirmation that the documents have been accepted when you see that two mini-deposits, normally only 1 dollar or less, have been sent to your bank account by UseMyServices.
- Once you have these mini deposits in your account, log in to the online casino with your winnings that you wish to withdraw.
- Select UseMyFunds as a withdrawal option and the winnings can be sent to your bank account.
- Your winnings will be transferred either immediately or within a few business days if you are still waiting for documents to be approved.
UseMyFunds Customer Service
You can contact the UseMyServices customer service by post at their Canadian office in Ontario, you can email their customer support office, or call them. An added plus is their customer support is available 24/7. All details are found in the contact us section on their website.
UseMyFunds Service Fees
Using UseMyFunds as an online casino deposit option is free of charge, although your banking institution may charge you a small amount to use the online banking service to make the payment, you will need to check with your particular online bank. When you make withdrawals from the online casino to your bank account using UseMyFunds, UseMyServices will charge you $1.00 per transaction.
Advantages and Disadvantages of Using Use My Funds at Online Casinos
Advantages of Using UseMyFunds Online Casinos
- No extra software needed.
- Payments are made instantly.
- No Need to sign up for an account.
- Secure & anonymous payments.
- Free Deposits.
Disadvantages of Using UseMyFunds Online Casinos
- Withdrawals restricted to Canadian bank account holders.
- Restricted Funding Options.
- Payment Service Limited to Particular Country Nationals.
UseMyFunds Online Casino FAQs
Can I use UseMyFunds at online casinos?
Yes, you can. UseMyFunds is available at many online casinos. This Canadian payment option is convenient and all the casinos on this page offer it.
Do I need to set up an account before playing at UseMyFunds Casinos?
No, you don’t need to create an account for UseMyFunds. It is easy to use and transactions are fast.
Am I safe playing online with my UseMyFunds?
Yes, you are safe. UseMyFunds allows you to make payments both anonymously and securely. It has high-level security measures in place for your safety.
Am I eligible for a Welcome Bonus?
Yes, you are eligible for a welcome bonus once you have registered with the online casino. All our casinos allowing UseMyFunds have generous welcome bonus offers.
Which countries accept UseMyFunds?
Only a limited number of places accept UseMyFunds. In particular, withdrawals are only allowed by players with a Canadian bank account.