Using Amex to make online casino deposits and withdrawals
Website : https://www.americanexpress.com/us/
American Express first started operating in 1850 as a freight forwarding company. That’s right, they were involved in a logistics business decades before they started offering financial services.
In 1878 the company began employing agents who were purchasing goods from suppliers on behalf of their customers, and in 1891 they introduced the Travelers Cheque. Their first charge card was launched in the US and Canada in 1958, combining the security of Travelers Cheques with the flexibility of credit.
Expansion to South America and Europe began in 1972, and in 1991 American Express has launched what was to become the world’s largest card-based loyalty program. Nowadays, Amex is a strong number 3 card network even though it lags far behind Visa and MasterCard. In 2015, the company has issued 117.8 million cards and processed $1.04 trillion.
For online casinos, Amex is one of the favorite methods for making a deposit, where it is accepted. Many casinos don't accept Amex, but when they do, it is a fast, reliable and safe method to get funds into an online casino account.
Amex portfolio includes an amazing range of credit and prepaid cards, along with those designed for small business and corporate clients. You can choose the one which suits your preferences and spending patterns the best, opting for cash back or rewards points cards, those with no annual fees, and so on.
Amex App allows you to pay on the go no matter where you are and is available for iPhone, iPad and Android mobile devices through the App Store and Google Play Store. American Express is also renowned for an exceptional rewards program offering different benefits to card holders; whenever you make a transaction using an Amex card, reward points will be piling up.
At the same time, various security measures are implemented to keep your money safe. You’ll be asked to create your own User ID and password, and all sensitive data transfers will be protected by automatically applied 128-bit encryption.
Personal Security Key is one of authentication measures the company utilizes to ensure it’s indeed you making the payments, rather than an unauthorized third party. Pre–Purchase Verification, asking the user to provide their billing zip code and / or security code, helps confirm their identity as well as authenticity of the card. Monitoring systems have been put in place to detect fraudulent activity, and Account Alerts will keep you in control by sending payment notifications via email or text messages.
SafeKey authentication is yet another anti-fraud measure which keeps you safe while shopping online. It uses 3D Secure technology to verify shopping is done by you and nobody else. Sometimes it will work in the background as you’re making the purchase, and occasionally you may be sent a one-time code by text or email. Fraud Protection Guarantee makes sure you don’t need to take responsibility for fraudulent charges.
When looking to play online casino games with real cash, the first step will be to find a gaming site willing to accept Amex deposits – not an easy task. Fortunately, the internet is an amazing resource which will quickly point you in the right direction.
Select American Express as your payment option, enter your card details (card number, expiration date, four-digit CVV code), choose the amount you wish to deposit, and you’ll get to play in next to no time. Withdrawals are a bit tricky as there’s no guarantee the same venue will let you collect online casino game or slots winnings in the same manner. If they do, the process will be almost identical. If not, don’t get frustrated; you can still make a cash-out using Bank Transfer or one of the supported eWallets.
Mobile players are able to use the provider’s mobile app and make money transfers in the same way. They will need to register their bank account online at Amex website and agree to Pay By Computer terms. Once that’s done, they’ll be able to make a deposit via the billing section of the Amex App.
American Express deposits are instant, allowing you to top-up your casino account and start playing in a matter of minutes. The process itself is as simple as can be, especially when compared to eWallets and any other banking method which requires opening of an additional account. Transaction limits are higher than with most alternative payment options, and some online casinos will absorb the fees rather than pass them on. Security measures implemented by Amex are among the tightest ones around, meaning you can transfer cash to and from the casino confident that it’s kept safe at all times. The provider’s top-notch customer service is available 24/7, so whenever you’re in need of assistance, there’ll be someone to help you out.
The main disadvantage is the fact Amex is not as widely accepted as Visa and MasterCard, which probably has a lot to do with the fact that the company charges higher fees than their competitors. Still, if you visit an online casinos catering to the US community, chances are you’ll be able to use it.