How Is QIWI As A Payment Option

QIWI was founded in the year 2007 by 2 financial doyens, Sergey Solonin and Andrey Romanenko. It has expanded and has projected a healthy growth curve within the 13 years of its existence. The statistics of QIWI prove that it has come a long way since its foundation in the year 2007.

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It has access to over 169000 terminals and has a database of over 51 million shoppers. It has installed over 19 million virtual wallets and oversees transactions in its network to the tune of 78 billion Russian Rubbles on a monthly basis. QIWI allows seamless and secured payments through e-wallets that make it easier for its customers to conduct transactions anywhere and everywhere.

QIWI is a big name in the casino industry, thanks to its effortless payment methods. It is a publicly-traded payment method in Russia and has managed to spread its wings across various countries. It specializes in providing:

  • Online transaction services
  • Deployment of virtual wallets
  • E-money services
  • Merchant payments
  • Insurance Payments
  • Loan Reimbursements
  • Provision for casino service payments

It has access to over 169000 terminals and has a database of over 51 million shoppers. It has installed over 19 million virtual wallets and oversees transactions in its network to the tune of 78 billion Russian Rubbles on a monthly basis. QIWI allows seamless and secured payments through e-wallets that make it easier for its customers to conduct transactions anywhere and everywhere.

QIWI has its headquarters in Nicosia, Cyprus, and conducts its major operations in Russia. It has also spread its operations to countries like Ukraine, the United States of America, Kazakhstan, and the United Arab Emirates, to name a few.

QIWI has excellent features that make it a favorite amongst its users. Here are some of the noteworthy aspects of this payment method:

  • Swift and instant payments in online casinos
  • Can work effortlessly on mobile interface
  • Very safe and secured mode of transaction
  • Easy to avail and is accepted in every transaction avenues like stores, e-commerce, POS, kiosks, etc

QIWI Deposit and Withdrawals

To ensure smooth payments and transactions, you need to possess a QIWI account. This will be especially beneficial for making deposits or withdrawing money from online casinos. QIWI account will be like a buffer between your bank account and the casino payment link. It will keep your bank account safe from all the cybersecurity threats.

Here is a step by step procedure about how you can get started and deposit money via QIWI payment method.

  • First, you need to set up your QIWI account

You need to sign up with your mobile number on the QIWI website. You might be asked for your basic personal information like first name, last name, email address, and other requisite identification proofs. Once you set up your QIWI account, you need to deposit some money into it so that you can go ahead and make the transactions you want. You can fund your QIWI account with the help of credit cards, debit cards, and bank transfers.

  • Search for the payment section or the cashier section in the online casino interface

There will be an online payment section in every online casino interface. You will be given a few options out of which you have to choose QIWI. After you click on this option, you will be taken to the QIWI page.

  • Sign in to your QIWI account to fulfill the payment

You will have to sign in to your QIWI account using your mobile number. You will get a one-time password that will authenticate your claim to your account. Then all you need to do is type the required amount and make the payment.

  • Final payment confirmation

Once the payment has been fulfilled, the deduction will be reflected in your QIWI account. If you check your casino payment section, you will see the deposit amount getting reflected there. If the deposit is made by any currency other than rubble then a commission fee of 2.5% will be charged by QIWI.

The withdrawal option of QIWI is also similar and as effortless as the deposit option. You need to first take care that you have all the valid bank documents ready in case the concerned casino asks for it. You also have to take note that every casino has different withdrawal limits.

Once you have selected QIWI as your withdrawal option, the casino will verify all the information and documentation before processing the amount. Generally, it takes around 48 hours to 36 hours to process the payment. Then again, every casino has its own processing time. The settlement is smooth and the players will not go through any hassle.

Pros and Cons of QIWI

QIWI has built a strong reputation for being a trusted brand in the payment segment. Every payment method has its pros and cons. Here are some of the best aspects of using the QIWI payment method for casino deposits and withdrawals.

Pros of QIWI:

  • QIWI payment network and interface are very safe and secured. No sensitive data is compromised while conducting any sort of transaction.
  • It provides an excellent platform for swift transactions even in mobile devices.
  • It is accessible in more than 20 countries and hence QIWI has a good reach.
  • The transaction fee charged by QIWI is very low. It does not charge any amount if you are trying to top up your QIWI account using any cards up to the amount of �2,000.
  • QIWI offers around the clock customer support through live chat, email address, and phone call.

Cons of QIWI

  • It is mainly good for people staying in Russia, Romania, Latvia, and Ukraine as they can enjoy more features and benefits.
  • QIWI accepts limited currency options. It operates only on Russian Rubble and US Dollars.
  • It charges a higher commission fee due to the currency conversion rate. As QIWI operates upon limited currencies, it charges a commission for converting other currencies into rubles or dollars.

QIWI Casinos FAQ

Is It Safe to Play at QIWI Casinos?

Yes, you need not worry about the safety of playing at QIWI casinos. QIWI has a reputation for its high-security network and safe transactions. Your QIWI account will act as a protective barrier between your bank and your casino interface so that there is no leakage of sensitive information.

Do Every Casino Accept an QIWI?

QIWI has its network and operations in over 20 countries including Latvia, Chile, India, Brazil, Jordan, to name a few. You need to check if your country is on the list where QIWI operates. It is yet to spread its wings worldwide but so far QIWI has done a commendable job in collaborating with majority casinos.

Are QIWI Casinos Legit?

QIWI follows strict guidelines to fulfill the requisite security protocols. It always collaborates with legitimate casinos to offer the safest platforms for its users and players worldwide. Yes, QIWI casinos are legit.

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