IMPORTANT UPDATE: There are no betting sites accepting UseMyWallet at this time. Here are a few other recommended banking options to choose from:
UseMyWallet is also used under the name, Quick Tender. It is an e-wallet solution for funding accounts at online betting sites and it has become quite popular for US players. US players can now use their credit cards to indirectly fund their account where they would not have been able to fund it by credit card directly. This convenience is making it one of the top choices in e-wallets that is available to US players today, and is associated with EcoCard.
Players are not able to sign up directly to UseMyWallet. They aim to control traffic on their network and they do this partly by requiring you to be invited to use it. The best way to signup is to create an account on a betting site that uses UseMyWallet. Once you’ve created an account, contact support and ask for an invite.
If you would like to use it as a payment option you will first need to sign up with a sportsbook that accepts UseMyWallet payments. Next, send an email to the betting site’s customer service department or contact them via live chat stating that you would like to use it as a payment option. Within a couple of days, you will receive an email inviting you to join. Fill in the required information by following the steps set out for you. Once you have an account you will need to fund it, which can be done through credit card, Western Union or bank transfer, and it can then be used to transfer money to an online betting account.
Withdrawing funds from your account can take 5 or more business days so it may not be a good option if you need funds quickly.
All of your personal and financial information is kept completely safe and secure with UseMyWallet through their use of secure technology such as SSL data encryption, an anti fraud detection method and advanced ID verification. Their sign up process also aims to keep control of their customer base.
US players who may not otherwise be able to use their credit card to fund their online betting site accounts, can now use their credit card via UseMyWallet to fund the account indirectly and make real money bets.
It supports a number of different currencies including US dollars, UK pounds, euros, Danish Krones, Swiss Francs and New Israeli Shekels.
There should be no fees associated with registering or transferring money to an account, however depositing money into your account via credit card will attract a fee of 5%. Cashing out your funds will attract a high fee of $20 to $30 and this will be on top of the fee that your bank will charge for receiving an international transfer.