EntroPay is a prepaid card that can be used to send and receive money over the Internet. It supports seven different languages and multiple currencies making it a simple global solution. The founders of Ixaris Systems Ltd decided in 2000 that there was a need for an online payment option and in 2003, they introduced EntroPay. Ixaris Systems Ltd is authorized and regulated by the Financial Services Authority (FSA) in the UK.
It offers customers a virtual VISA card, a plastic prepaid Master Card and a bank transfer service. This offers a level of convenience that is not available with many other payment options and means that customers can have easy and fast access to their funds. EntroPay is available in a large variety of countries, but does not accept customers from the US.
How Do I Get Started?
In order to use EntroPay, you must first register for an account. Registration is simple and free and can be done on their website. You must provide personal details, as well as credit or debit card account details and choose a username and password. You must select the currency that you want your account to be managed in. Note that this cannot be changed later, although you can make purchases in any currency, as you would with a VISA card. You will then need to fund your virtual card from your credit card or debit card. Cards that can be used include Master Card, Maestro, Delta, Solo and Electron.
What are the Benefits?
EntroPay is quick and easy to use. There are few restrictions and the payment process is simple enough to make a fast and effective payment method. Because it is a prepaid card, you will not be subjected to credit checks in order to use it.
It ensures a high standard of fraud detection and excellent account security so you can rest assured that your financial information is safe and secure. In addition, you do not need to reveal your credit or debit card information to the site that you are paying at – you simply enter in the details and as it is a prepaid card there is no risk to you.
Because it is a prepaid card, you can only use the funds that have been previously loaded onto your card. This helps to manage your bankroll when using your EntroPay card to fund your online betting account.
What are the Costs and Fees?
The fee structure is simple. To open an account and to create an EntroPay virtual card is free. To load your card from your credit card or debit card will incur a fee of 4.95%. To receive money into your card from an online merchant will incur a fee of 1.95%. Spending money using your EntroPay card is free. To return money from your EntroPay card into your credit card or debit card will cost you $6.