Everything You Need To Know About MiFinity
One of the most important aspects of online gambling is making fast and secure deposits and withdrawals. Most online gambling operators understand this situation. So in response, they try to create multiple payment and withdrawal methods for their customers to choose from.
Having so many different options to choose from can put prospective customers in a state of confusion. The good news is that there are a lot of ways to distinguish an excellent payment method from a regular one.
An excellent online casino payment method should possess safe and secure deposit and withdrawal procedures, provide options for different currencies, and provide different ways to fund an account. MiFinity provides its customers with all this and more.
What Is MiFinity?
MiFinity is a global payment solution whose main offer is an eWallet. This helps online casino customers make fast, simple, and secure deposits and withdrawals with other added advantages.
Its payment platform was launched in 2002, and it has received accreditation from the UK financial conduct authority. It is also within the regulatory jurisdiction of the 2011 electronic money regulations legislation. It is available in over 170 countries.
MiFinity has running partnerships with some of the most trusted payment service companies in the world. Some of these companies include MasterCard, Visa, and Trustly. This means that you can fund your wallet using well-known payment options. Also, you can transfer funds straight from your bank account.
In January 2022, the brand launched its own unique virtual IBAN(international bank account number). This IBAN can be obtained for free by their customers. This will help to make funding your eWallet easy and seamless. It will also add an extra layer of security for security-conscious online casino players.
Why Should You Choose MiFinity for Online Gambling?
There are many advantages to choosing MiFinity as your online casino payment option. Some of them are;
Different currencies are available to choose from: with the MiFinity wallet, you can fund your casino account with up to 10 different currencies, depending on the one that was asked of you. Some of these currencies include; United States Dollar (USD), Canadian Dollar (CAD), British Pound (GBP), Euros (EUR), Australian Dollar (AUD), Swiss franc (CHF), Czech koruna (CZK), New Zealand dollar (NZD), Polish zloty (PLN), Swedish krona (SEK), etc.
Integration with Bitpay: with Bitcoin payments quickly becoming the competitive edge in online gaming, this payment method allows users to convert Bitcoins into transferable money. It helps customers who do not want to use bank transfers or debit and credit card options. Playing with cryptocurrency has many great benefits.
Fast and reliable support team: if you go through any troubles while using it, you can always contact the support team by visiting the customer support page. Then you pick a preferred communication channel like email messages or phone calls, then you place your complaints. You’re sure to be answered immediately and effectively.
Some other advantages are:
- Security of funds and information due to the use of high-tech encryption systems.
- Quick withdrawals
- Several options for funding of eWallet
- Gives you an extra layer of security as you don’t need to share your bank details with online casinos
- No need to share your bank account details with online casinos
- Available in over 170 countries
Using Mifinity also have a few disadvantages, some of them are:
- You must undergo a verification process before you can fund your account with certain amounts.
- They are not accepted in every country in the world.
- They take deposit and withdrawal fees.
There are several MiFinity casinos where this solution is accepted as a payment option.
Creating a MiFinity Account
Creating a MiFinity account is an easy process. All you have to do is;
Click the sign-up link on the homepage and register with your email. When you confirm the process in your email, you have succeeded in opening a base account.
To open a verified account, you must submit a form of identity (identity card, passport, etc.) And proof of address. After this, you’ll have to wait for 24-48 hours for your verification to be confirmed.
Making Deposits on MiFinity
You can make deposits by following these simple steps
- Enter your gambling account and choose MiFinity as your payment option.
- Enter your account login details.
- Input the amount you want to send into the online casino.
The deposited funds will reflect on your casino balance almost immediately.
Making Withdrawals on MiFinity
This system can also be used to make withdrawals from casino accounts. It is also worthy of note that some online casinos only accept MiFinity for deposits, not withdrawals.
Making withdrawals is not as fast as making deposits. This is because the Casino needs to review and approve your fund transfer request before sending the funds. They usually confirm to ascertain that your account meets some withdrawal criteria or if your account is verified.
Withdrawn funds are usually received 1-2 days after withdrawal requests are made.
Online gambling is a form of leisure activity or entertainment. This means that every process involved should be stress-free and seamless. From registration to depositing money, to wagering, and finally to withdrawing earnings; users should be able to carry out their transactions hitch-free.
Users can also send funds to the account of friends and family members as long as they have an active account with MiFinity.
This, amongst others, is the solution the platform offers its subscribers. It is a quick, easy-to-use, and safe way for users (especially online gamers) to make deposits and withdraw funds from their online gaming platforms.