Why Yaspa is Gaining Popularity Among UK Casino Players?
Yaspa Casino payments are becoming increasingly popular amongst UK casino enthusiasts as they’re faster, more secure and more cost-effective than traditional payment solutions.
Instant Deposits and Withdrawals
Yaspa payments are fast and simple, with no need for PINs, card numbers or apps, making the process hassle-free. Additionally, this cardless payment method enables instant deposits, straight from your bank to your casino account, meaning you can look forward to real-time transactions. This quick payment process gives you access to secure, instant payments that are a whopping 36 times faster than your typical card payments!
Advanced Security Features
Security is at the forefront of most player’s minds when using new payment solutions, which is why Yaspa have integrated account verification features throughout their systems, as detailed below:
Payments are efficient and have integrated Know Your Customer (KYC) checks. This verifies that both you and the account you’re sending any funds to are legitimate, for a smoother process.
Yaspa uses bank-grade security features, such as Strong Customer Authentication (SCA), to verify payments. This means that you use you own bank’s biometric, multi-factor authentication systems.
A fully verified closed-loop system ensures that fraud risks are minimised, making payments super secure and easy.
Popularity in the UK Gambling Market
Yaspa has massively grown in popularity within the iGaming market over the past few years and has won a range of awards as a result, including the 2023 People’s Platform Award and the award for The Best Open Banking Payments Project at the Open Banking Expo Awards in 2022.
How to Use Yaspa Payment Method in Online Casinos?
All you need to use this payment method is an online banking account. Yaspa uses open banking to facilitate secure transactions, meaning you don’t need to create an account with Yaspa when depositing or withdrawing funds.
If you do have any issues or questions however, Yaspa has a helpful users FAQs section available on their site.
Depositing Funds
Adding funds to your bankroll is secure and straightforward – just follow our simple step-by-step guide:
Navigate to your chosen casino site and click “Deposit”
Select “Yaspa” or “Instant Bank Payment” as your payment method
Decide how much you would like to deposit
Authenticate your payment by approving it in your mobile banking app or online portal
Pick a game and start playing
Withdrawing Winnings
Yaspa delivers on speed with instant withdrawals, making it easy to collect your winnings.
Click “Withdraw” on your chosen casino site
Select “Yaspa” or “Bank Transfer” as your withdrawal method
Choose how much you would like to withdraw
Confirm withdrawal
Understanding Fees and Transaction Limits with Yaspa
UK players can look forward to no fees on deposits or withdrawals when they use Yaspa. Make sure you check out your chosen casino’s policies, as they may set out their own fees and limits.
Deposit and Withdrawal Fee Breakdown
Yaspa charges zero fees for deposits and withdrawals, making them one of the most cost-effective payment solutions available. However, some online casinos may charge a percentage transaction fee for bank transfers. To combat this, ensure you read the casino’s terms and conditions before adding or withdrawing funds.
Transaction Limits at Yaspa Casinos
Payment limits are set by the casino you choose, not Yaspa. However, UK casinos will typically have a £5 to £10 minimum withdrawal and deposit amount, so it’s worth checking the specific limits of your chosen casino, as they may be higher or lower.
Many casinos also have maximum limits set on how much you can deposit or withdraw in any given time period, so keep this in mind if you have a larger bankroll.
Withdrawal Speed – How Fast is Yaspa?
Yaspa payments are 36 times faster than your average card payments, with their innovative system allowing for real-time transactions. They cut out the ‘middle man’ so you don’t have to endure lengthy processing times.
Typical Withdrawal Timeframes
Yaspa payments use open banking, which means that withdrawals are instant, as long as your bank account has instant withdrawals enabled.
How to Speed Up Your Yaspa Withdrawals
In theory, there should be no delays to receiving your winnings, as withdrawals are in real-time with Yaspa. However, if your withdrawal is delayed, it could be due to two reasons:
Your bank may not use the instant payment system, meaning your payment will take a little longer to go through. If this is the case, the provider will highlight this to you when you make a transaction.
You may not meet the casino’s withdrawal restrictions, so check that the amount you’re trying to withdraw is within the minimum and maximum limits set out by the casino.
State-of-the-Art Security Features
Yaspa employs the highest security features to ensure players feel secure when making deposits and withdrawals. Users authorise payments using their bank’s secure authentication systems, such as 2FA. This is known as Strong Customer Authentication (SCA). This method ensures that payments cannot be processed without your approval via your banking app or online portal, meaning you have complete control of your funds.
Is Yaspa Safe for Online Casino Transactions?
Yes, Yaspa is one of the safest providers available in the casino industry today. They guarantee safe transactions by implementing the highest standard of security features and following all UK casino compliance measures.
Privacy Protection at Its Best
Unlike other payment solutions, Yaspa is a “Payment Initiation” service, which means that transactions are made directly from your bank to the casino. Therefore, they hold minimal data – just enough to ensure your payments are processed correctly. Additionally, they don’t store your personal data or require users to set up an account, making it one of the most user-friendly payment solutions available.
Yaspa is also registered with the Information Commissioner’s Office, which means that they are legally required to protect any private data they hold.
Regulatory Compliance and UK Gambling License
Yaspa is regulated by the Financial Conduct Authority (FCA) and therefore has an obligation to make sure their payments are secure. They also adhere to any standards implemented by the UK Gambling Commission (UKGC).
Yaspa: The Pros and Cons You Should Know
As with any payment method, there are advantages and disadvantages to using Yaspa:
Pros
- Instant Payments – Yaspa allows you to make deposits and withdrawals in seconds
- Private – There is no account creation, keeping the process simple and private
- Affordable – There are zero fees associated with payments
Cons
- Limited Acceptance – Payments are only available at a limited number of casino operators
- Relies on Banks – Transactions are only instant if enabled by the bank in question
Special Yaspa Casino Bonuses: What’s On Offer?
When making a deposit at an online casino using Yaspa, you should always try to claim any bonuses available to you. These bonuses can provide you with additional funds to play with, free spins to use on a specific game, or perhaps cashback that allows you to claim back some of the money you’ve lost.
Deposit Match and Cashback Bonuses
There are a huge range of bonus types available at Yaspa casinos, including:
Casinos Excluding Yaspa from Bonus Offers
At the time of writing, there are no casinos that specifically exclude Yaspa from their bonus offers. However, you’ll only be able to claim bonuses with these operators if they offer Yaspa as a payment method. There are lots of casinos that don’t currently offer this method, including:
- Bet365
- LeoVegas
- SkyBet
Comparing Yaspa with Other Payment Methods for UK Casino Players
Yaspa is one of the best payment solutions available in the UK, but how does it compare to other popular payment methods?
Payment Method | Withdrawal Time | Fees | Security | Benefits |
---|---|---|---|---|
PayPal | Up to 24 hours | 1%-2% for withdrawals | Buyer & fraud protection | User-friendly payments |
Debit Cards | 1 to 3 working days | Free | Strong Customer Authentication (SCA) | Widely accepted |
Bank Transfers | Up to 5 working days | Depends on the bank | Users are protected by the security of their bank | Highly secure |
Apple/Google Pay | N/A | Free | 256-bit SSL encryption | Enhanced security |