UnionPay Bank Transfer

UnionPay has been a respectable online payment method for over 13 years and has played a key role in the online payments industry for residents of China. The payment option is now available in over 150 countries and widely used across many online casinos globally. This payment option is a prepaid card that offers a reliable and secure payment solution that is used by more than 3.5 billion cardholders on a global scale. UnionPay is the second most used payment method after Visa.


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Overview

Further to easy online payments users can make payments using the famous UnionPay bank card. The UnionPay prepaid card allows users to use it at ATM and POS terminals, pay utilities, transfer money and fund debit or credit cards. UnionPay casino transactions are speedy and cheap. The reliable and convenient payment option is widely available across casino operators around the world.

Bonus

Those of you who like to grab a bonus offer with their deposit will be pleased to know that the UnionPay bank transfer can facilitate this. There are many types of welcome bonuses you can claim through making a deposit. Users will have their choice of match bonus offers, free spins, cashback and more. Regardless of the payment method you use, you should always run through the terms and conditions attached to each bonus you claim.

Advantages

UnionPay has fast become one of the go-to payment methods in the world thanks to the level of convenience it offers. There are some good advantages to using this payment option. Let’s take a look at the perks of this payment solution.

Fund management: UnionPay is built to allow users to easily track how much they deposit and avoid overspending.

Prepaid Card Option: UnionPay offers a prepaid card option that could benefit a lot of players. This allows users to make safe and secure online payments with complete money management.

Mobile friendly: UnionPay is fully optimised for mobile use and provides an intuitive mobile app to manage payments on the move.

Disadvantages

As with any deposit method, there are a few things that could be considered bad points or disadvantages. As a UnionPay user, you may be concerned about the payment method originating in China. Here are some of the setbacks associated with this payment provider.

No withdrawals: You cannot withdraw back to your UnionPay account. If you make a deposit through UnionPay, you will need to send any winnings back to an alternative banking method.

Data concerns: In order to get a UnionPay account you have to disclose some personal information that you wouldn’t want to be released. This brings fears of identity theft and misuse of funds.

Account limits: Those who like to make large deposits may be put off by the restrictions on large single payments limits.

Fees

UnionPay provides an international payment service that works across multiple different institutions. Because of this some of the connected banking institutions may impose payment fees to transactions. These fees also vary depending on the country of residence, local laws, tax and other factors. The online casino that you use may also include processing fees to any deposit and withdrawal made.

Creating an Account

Getting yourself a UnionPay account can be a bit confusing if you are outside of China. First, you need an account at one of the mainstream banks that work with UnionPay. UnionPay applications are open to citizens of the Philippines, Korea, Cambodia, Laos, Myanmar, Japan, Thailand, Hong Kong, Macau, Singapore, Indonesia, Vietnam and Russia. Although UnionPay is accepted all over the world, being an account holder is trickier outside these regions.

Funding Account

Putting money into your UnionPay account is an easy task. You can fund your account through many different compatible bank accounts. It’s easy to link a bank account to the UnionPay service and move money into the account. You can also put cash into your account by visiting a local branch, this is dependent on what country you are based in and if you there are UnionPay branches available.

Depositing

Funding your online casino account using UnionPay is done in a few simple steps. This convenient payment option is widely available and cheap to use. Let’s take a look at how to fund your real money balance using this method.

  • Choose a UnionPay as your payment option.
  • Enter the amount of your deposit.
  • Enter your UnionPay card number and other payment details.
  • Confirm the transaction and you will be sent a verification SMS
  • Confirm the verification number you received.
  • The funds will then move into your casino balance so you can start enjoying the games!

Withdrawing

Unfortunately, you cannot send money back to your UnionPay account so any winnings will have to be transferred back to another payment option.

Security

This payment option is structured with some heavy security measures with solid encryption and firewall technology. This safe deposit option uses the same security technology that’s utilised across the major financial institutions. It provides high levels of security against data breaches. Furthermore, a prepaid card option provides even more payment safety to customers who want complete peace of mind.

Support

UnionPay has an interesting approach to providing support to customers. The international website lists the General Manager for each UnionPay office, including a local customer support number, email address and fax number. There are customer support hotlines in multiple countries across Asia, including Singapore, China, Japan and the Middle East. The customer support is a little slow with email response by the phone support is very efficient.

Availability

UnionPay Bank Transfer has made its way to become one of the best payment options in Asia and much of the world. This deposit option provides unrivalled convenience for its users and offers excellent security with every transaction. Although it’s widely available around the continent of Asia, it’s yet to make a name for itself in Europe and other regions of the world.

FAQ

Can I make withdrawals using a UnionPay?

No, you cannot send money back to your UnionPay account.

Are there fees involved with UnionPay?

Yes, there is a standard transaction fee and a small percentage fee attached to every casino deposit or international payment you make.

What is the best UnionPay casino?

We have researched for you so you can view the best casinos that accept UnionPay payments and make a choice yourself. We have listed the top-rated UnionPay casinos here.

Which online casinos accept UnionPay Bank Transfer?

Use the list of UnionPay Bank Transfer casinos to see all online casinos that accept UnionPay Bank Transfer payments. We filter the casino top list to only show UnionPay Bank Transfer casinos that accept players from your location.