Your guide to making casino deposits with PayNearMe.
When regulated online gambling first arrived in parts of the United States, there was some confusion on the part of banks as to how to process payments for these new sites. Luckily, a number of payment options have sprung up to make it easier for players to get money from these locally licensed websites.
A particularly popular option is PayNearMe. With this service, players have the ability to simply walk into a nearby convenience store and make a safe deposit in cash, just as they would when purchasing products from the same outlet. It’s fast, simple, and secure, making it one of the best ways to play in markets like New Jersey and Nevada.
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PayNearMe was launched in 2009 to help people who primarily used cash for purchases and payments gain the same convenient options available to those who use credit and debit cards. The idea was simple: let people come to local stores and pay their bills or make other payments directly at the counter, in cash. Today, there are nearly 20,000 outlets in the United States that allow payments to be made in this way – primarily 7-Eleven and Family Dollar stores – to a diverse group of payees, including government agencies. and businesses across the country.
When regulated online gambling began to flourish in New Jersey and Nevada, this service was one of the first targets of operators, as it offered a simple alternative to using a credit card. to make deposits. Although banks have improved in handling these payments and distinguishing them from deposits for offshore locations, this was an important option early in the industry and remains popular for those who want to gamble with cash or who have trouble getting card payments. deposits approved.
How to use
To get started with PayNearMe, you must first open an account at one of the casinos that offer this deposit option. This includes most currently regulated casino and poker room sites in New Jersey and Nevada. Next, you will need to go to the cashier or banker section of this website and find the appropriate option.
From there you will receive a PayCode which can be printed or sent directly to your mobile phone via SMS. This PayCode can then be taken to a participating point of sale near you. At the store, the PayCode will be scanned and you can make a cash deposit of the amount you want. The PayCode is reusable and will be directly linked to your account on the casino site.
Once you’ve paid – a process that should only take a minute – you’ll be ready to play. The store will give you a receipt for your transaction, the funds will be instantly transferred to the iGaming website, and the next time you log in you will see them added to your balance, allowing you to start playing for real money.
Advantages and disadvantages
The most obvious advantage of the PayNearMe system is that it offers a workaround for those who can’t or don’t want to use a more traditional payment method. If you don’t have access to a credit card or bank account, this is an easy way to deposit cash directly. Likewise, if you are concerned about sharing financial information over the Internet, this method allows you to avoid doing so altogether, instead processing your face-to-face transactions in cash.
As for the downsides, the one that immediately comes to mind is the fact that this method isn’t as quick as options that can be handled online, directly through a site’s checkout system. Instead, you must go to an outlet in order to make your deposit. Additionally, there is a daily deposit limit of $500, which can be seen as a negative or a positive as it can help players control their spending, but can also be lower than what high limit players want to put on. their accounts.
Do I need to register for anything to use this method?
No, it is not necessary to create a special account to use this service. There is, however, an app that will help you track your payment history and receipts if you want.
Can I use this option in the United States?
Yes! In fact, it’s a fully US-oriented service designed to make payments across the country easy. In the gaming industry, it has been used primarily by regulated sites in states that have approved iGaming, including New Jersey and Nevada.
Can I process withdrawals by this method?
Unfortunately, we are not aware of any carrier that currently offers withdrawals via PayNearMe. However, there are plenty of other options available on these sites for those looking to cash out their winnings.
Are there any fees?
PayNearMe charges a flat fee of $3.99 per transaction. This is paid by the player at the point of sale when he makes his deposit.