Online casino enthusiasts in Germany have a plethora of payment options at their disposal when it comes to depositing and withdrawing funds. One of the options gaining popularity for its security and fee-free nature is CashtoCode. This innovative payment method empowers customers to use cash, prepaid vouchers, or gift cards for seamless and secure online transactions into their casino accounts. In this comprehensive article, we will delve deep into the workings of CashtoCode and explore how you can play securely using this method. Furthermore, we will identify the top online casinos that welcome CashtoCode users with open arms.
Top Online Casinos with CashtoCode Accepting Payments
Here, we present our carefully curated list of the best online casinos that accept CashtoCode payments:
CashtoCode: Revolutionizing Online Casino Payments
CashtoCode stands out as an excellent payment solution for online casino enthusiasts. It eliminates the need for additional registrations, credit cards, or bank accounts. Instead, players can make cash deposits at numerous Point of Sale (POS) locations across Europe. Alternatively, they can utilize prepaid cards obtained from online retailers.
To gain a comprehensive understanding of this payment method, read on for our detailed guide.
A Glimpse into CashtoCode’s History
CashtoCode, operated by Funanga AG, a Europe-based fintech company, has swiftly carved a niche for itself in the payment industry. This British service provider, with offices in Berlin and London, was founded in 2013 by a team of payment experts. Their goal was to offer a groundbreaking API service that prioritizes speed and simplicity for online merchants and their valued customers.
When players opt for CashtoCode as their payment method at an online casino, they simply select an amount for payment, generating an anonymous barcode. This barcode can be presented at a preferred retail location to pay in cash and instantly credit their gaming account. In essence, CashtoCode operates as a digital prepaid card.
Funanga employs an international team of no more than 50 employees, with operations centered in major European markets. The CashtoCode network spans over 150,000 retail stores, where customers can pay for their online purchases using a one-time barcode generated beforehand.
The year 2020 marked a significant milestone for the company, witnessing a remarkable 500% increase in revenue compared to the previous year. CashtoCode also added 100 new exclusive partners to its platform. However, the highlight of the year was the appointment of payment expert Jens Bader as CEO in March 2021, along with Christian Machmeier (CTO) and Patrick Lebenbauer (DGM) joining the team.
CashtoCode’s Expansion and Achievements
March 2022: CashtoCode expanded its reach to 10 new countries, boosting the network to over 300,000 retail stores in Latin America, Africa, and Asia. The program made its debut in Brazil, Chile, Colombia, Mexico, Kenya, Uganda, Senegal, Ghana, the Philippines, and Cameroon.
September 2021: CashtoCode ventured into Australia, marking its presence in yet another continent.
September 2021: Pinnacle, a prominent player in the online betting sphere, embraced CashtoCode as a payment method.
July 2021: A strategic partnership between CashtoCode and MiFinity was announced, further expanding its footprint.
July 2021: LuckBox, an esports giant, added CashtoCode to its list of payment options, recognizing its convenience and security.
May 2021: CashtoCode initiated operations in Nigeria, providing an innovative payment solution in yet another African nation.
CashtoCode’s Target Audience
CashtoCode, often referred to as C2C, primarily caters to European users. The availability of this service directly correlates with the distribution of retail locations, thereby limiting players based on their geographical proximity to these stores.
In 2017, CashtoCode made a successful foray into Austria and Germany, which continue to serve as the core markets for the company. The service’s footprint has since expanded to encompass several other European markets, including the UK, Ireland, Greece, and Italy. This expansion has empowered online casino players to make physical cash deposits into their iGaming accounts across more than 150,000 retail locations in Europe.
May 2021 saw the program’s introduction in Nigeria, thanks to a partnership with the Payalat Bill Payment Platform. Furthermore, in September 2021, CashtoCode revealed its expansion to the Australian market through a collaboration with epay Australia. As a result, CashtoCode vouchers became accessible in over 2,000 retail stores across Australia, with plans to expand this network to 11,000 locations in the near future.
CashtoCode e-vouchers can be conveniently purchased at various online platforms as well as popular gas stations like Shell, Esso, Agip, Aral, and Westfalen Tankstelle.
How to Open a CashtoCode Account – Step-by-Step Guide
CashtoCode serves as a virtual prepaid payment method for online casino deposits, eliminating the need for a bank account or credit card. With this method, you can effortlessly deposit cash into your online casino account. Here’s a step-by-step guide on how to set up your online casino with CashtoCode:
No Obligations, No Registration: CashtoCode’s service is registration-free. It doesn’t necessitate divulging personal information, creating profiles, or sharing financial data. The platform simplifies the process by allowing you to generate a code, which includes all the transaction details. Identity verification is unnecessary, as the transaction is completed in cash.
Ensure There’s a Retail Location Near You: It’s crucial to confirm the availability of retail locations near your residence, workplace, or any other place where you intend to use CashtoCode. Visit the official CashtoCode website and navigate to the bottom of the page. There, you’ll find a map displaying the merchants partnering with CashtoCode. Enter your address or city, and the map will pinpoint the nearest CashtoCode branch. Note that purchasing CashtoCode online is not possible, so it’s imperative to identify a nearby Point of Sale (POS).
Visit a CashtoCode Casino and Choose CashtoCode for Payment: When you select CashtoCode as your payment option on the casino website, a unique barcode is generated. After inputting the desired deposit amount, the system will redirect you to the CashtoCode website. There, the store finder will present you with the closest branch. Simply select one of these branches, and the barcode will be generated for your transaction. There’s no need to print the barcode; you can display it on your mobile phone and proceed to the store to make the payment.
Go to a CashtoCode Retail Location and Complete the Payment: Head to the nearest retail location, present the barcode at the counter, and complete the payment. You’ll receive a receipt, along with a notification on your mobile phone confirming the successful transaction. You can repeat this straightforward process whenever you wish to deposit money into your online casino account.
Deposit Confirmation: Once the retailer processes your payment, your online casino account will be promptly credited with the deposited amount. This process is virtually instantaneous, allowing you to start enjoying your favorite casino games without delay.
Safe and Secure: CashtoCode prioritizes the security of your transactions. Since you’re making payments in cash, there’s no requirement to disclose any sensitive financial information online. The barcode system is a secure and convenient means of payment.
Pros and Cons of Using CashtoCode at Online Casinos
Pros:
Security: CashtoCode offers cash payments, mitigating the risk of online fraud and the need to share sensitive financial details.
Anonymity: No personal information is required when using CashtoCode, enhancing your privacy.
No Bank Account Required: This payment method caters to individuals without bank accounts or credit cards.
Instant Deposits: CashtoCode ensures deposits are processed instantly, enabling immediate access to casino games.
Widespread Availability: CashtoCode boasts availability in multiple countries, with its retail network continually expanding.
Cons:
Cash Requirement: A physical cash payment is essential when using CashtoCode, which may not be convenient for everyone.
Limited Withdrawal Option: While CashtoCode excels as a deposit method, it typically does not support withdrawals.
Geographical Limitations: CashtoCode’s availability is contingent upon participating retail locations, limiting accessibility to certain regions.
CashtoCode Fees and Limits
In general, CashtoCode does not impose fees for depositing funds into your online casino account. However, it’s crucial to bear in mind that specific online casinos may levy their fees or impose limits on CashtoCode deposits. Therefore, it is advisable to carefully review the terms and conditions of the particular casino you intend to use, in order to gain insight into any potential fees or limits associated with this payment method.
CashtoCode Mobile App
As of my last knowledge update in September 2021, CashtoCode primarily operated through its website, offering users the ability to generate payment barcodes for cash deposits at retail locations. Nevertheless, it is conceivable that CashtoCode has since introduced a mobile application or implemented updates. To ascertain whether a CashtoCode mobile app is now available, I recommend visiting the official CashtoCode website or checking your device’s app store for any recent developments pertaining to the service.
Conclusion
CashtoCode serves as a secure and convenient payment method for online casino players who prefer conducting cash transactions without the necessity of a bank account or credit card. With its extensive network of retail locations and the option to acquire prepaid vouchers, CashtoCode has garnered favor among players in numerous countries.
If you are contemplating using CashtoCode to fund your online casino account, it is prudent to verify its availability in your region and thoroughly review the specific terms and conditions of the casino you intend to patronize. Furthermore, stay abreast of any developments or changes related to CashtoCode, as payment methods and services may evolve over time.
Given that my knowledge is based on information available up to September 2021, I strongly advise visiting the official CashtoCode website or reaching out to their customer support for the most current information and details on how to employ their service for online casino deposits.
FAQs:
What is CashtoCode, and how does it work for online casino payments?
CashtoCode is a payment method that allows online casino players to make cash deposits without the need for a bank account or credit card. Users generate a unique barcode, which they present at a retail location to complete the payment, instantly crediting their casino account.
Who operates CashtoCode, and what is its history?
CashtoCode is operated by Funanga AG, a European fintech company. Founded in 2013, it was created by a team of payment experts to provide a fast and simple API service for online merchants and customers. In 2021, it appointed Jens Bader as CEO, marking a significant milestone in its growth.
Where is CashtoCode available, and in which countries has it expanded to?
CashtoCode primarily serves European users, with a strong presence in Austria, Germany, the UK, Ireland, Greece, and Italy. However, it has expanded to countries such as Australia, Brazil, Chile, Colombia, Mexico, Kenya, Uganda, Senegal, Ghana, the Philippines, Cameroon, and Nigeria.
Is there a CashtoCode mobile app available?
As of my last update in September 2021, CashtoCode primarily operated through its website. It’s advisable to check the official CashtoCode website or your device’s app store for any recent developments regarding a mobile app.
What are the advantages of using CashtoCode for online casino deposits?
Using CashtoCode offers several advantages, including enhanced security, anonymity, no requirement for a bank account, instant deposits, and availability in multiple countries.
Are there any drawbacks to using CashtoCode at online casinos?
While CashtoCode is a convenient payment method, it does have some limitations. These include the necessity for physical cash, limited withdrawal options, and geographical restrictions based on retail locations.
Does CashtoCode charge fees for deposits at online casinos?
CashtoCode typically does not impose fees for depositing funds into your online casino account. However, it’s essential to review the terms and conditions of the specific casino you’re using, as they may have their fee policies.
How can I find the nearest CashtoCode retail location?
You can locate the nearest CashtoCode retail location by visiting the official CashtoCode website and using their store finder feature. Simply enter your address or city, and the map will display nearby branches.
Is CashtoCode available for withdrawals from online casinos?
CashtoCode primarily serves as a deposit method for online casinos, and withdrawals are generally not supported. Players often use alternative withdrawal methods when cashing out their winnings.
How secure are transactions made with CashtoCode at online casinos?
Transactions made with CashtoCode are highly secure, as they involve cash payments and do not require users to disclose sensitive financial information online. The barcode system used by CashtoCode provides a secure and convenient payment method.