About EPS
EPS (electronic payment standard) provides a platform for over 2.5 million Austrian citizens to make internet-based banking transactions. This service, provided by the technology development company STUZZA works in cooperation with the Austrian government along with over 25 different participating banks.
This payment solution offers its users the ability to perform instant bank transfers around the clock, which means you’re not restricted by your participating banks opening hours.
STUZZA and its EPS service have vastly grown in popularity since release. Over 80% of Austrian web stores now accept EPS as a method of payment, making it one of the top payment platforms for Austrians to use.
Online casino enthusiasts can also take advantage of this service to fund their gaming session. The great thing about using EPS is that it works as an instant transfer of your funds from your bank account to your casino wallet. This means that you won’t have to sit around waiting for the transaction to be processed and you can begin playing your favourite games immediately.
Online Casinos That Accept EPS
Like many other online payment platforms, EPS has become ever more popular with online casinos around the world wide web. The importance of being able to use certain payment methods from certain jurisdictions has been recognised by online casinos and they have acted accordingly.
The number of online casinos that offer EPS as a payment method has steadily been on the rise. This is great news to all potential players from Austria as this will enable you to choose from a greater number of online casinos and find the right one for you!
However, if you don’t want to spend hours traversing the vast expanse that is the online casino market then you needn’t worry. We’ve done all of the necessary research to provide you with a list of the best EPS ready online casinos, along with some of the best welcome packages out there!
- Slotty Vegas: €100 welcome bonus + free spins.
- Casiplay: 100% up to €200 + 30 free spins.
- Casino Luck: €150 welcome bonus + 150 free spins.
- Bet At Home: 100% up to €200 on first deposit.
- EnergyCasino: 100% up to €250 + 70 free spins.
- Billion Casino: 100% up to £50 + 20 extra spins.
- WildSlots Casino: 150% up to €100 + 100 free spins.
- JetBull: 100% up to €200 + 100 free spins.
- NextCasino: 150% up to €200 + 100 free spins.
- Vegas Winner: 100% up to €150 + 20 free spins.
Paying With EPS In An Online Casino
So, you’ve decided upon which lucky online casino will be graced with your custom. All that there’s left to do now is to take advantage of any welcome bonuses that they have on offer and make your first deposit.
When paying with EPS, players will not have to sign up for any sort of EPS account as long as they currently hold an account with one of the connected Austrian banks.
In order to make a deposit, you will first of all have to ensure that you’re currently logged in to your online casino account and make your way over to the cashier page. Upon locating this, you should be presented with a selection of accepted payment methods, select EPS from either a list or drop-down menu and then proceed.
The next step will be to select your connected bank from the list available. Doing this will cause the EPS service to redirect you to your bank’s website, where you will need to log in and enter all of the requested information.
This will usually consist of your account number and PIN, whilst using a card reader to authorise the process. A transaction authentication number (TAN) will be issued by some banks as a form of single-use one-time password (OTP) to add an additional layer of security to all transactions.
After going through this process, select how much money you wish to add to your online casino account, double-check all of your information and confirm the transfer.
As using EPS as a payment involves an instant transfer of funds, after you’ve been redirected back to the online casino your account will be credited and you’ll be able to play your favourite games straight away!
Also, it should be noted that deposits are made free of charge. If any charges appear in connection with using EPS to fund your online casino account, you should double-check them with your banking institution.
Can Players Top Up E-Wallets Or Prepaid Cards With Credit Cards And Play At UK-Licensed Online Casinos?
As of April 2020, The United Kingdom Gambling Commission banned all UK-licensed online casinos from accepting credit cards as a payment method. This means no credit cards can be used to deposit or withdraw at any casino with a UK license. This also means casinos shouldn’t accept money from e-wallets or prepaid debit cards with funds that originated from a credit card. The use of debit cards is completely unaffected by this ban.
Withdrawing With EPS In An Online Casino
After wrapping up your gaming session, you may want to withdraw any potential winnings from your online casino account. You would usually expect to be able to use the same method that you chose to deposit with as a means of withdrawing your funds.
Unfortunately, even though there are a good number of online casinos that accept EPS as a method to deposit funds, you can not use it to withdraw money.
In order to withdraw any funds, you will need to use a standard bank wire transfer or make use of the many alternative platforms such as: Skrill, Neteller or PayPal.
Advantages Of Using EPS
The biggest advantage of using EPS as a means to fund your online casino account is the speed at which transactions are processed. After making your deposit, the funds should appear in your account immediately and you can start playing your favourite games without delay!
Another benefit is the multiple layers of security that are in place when using EPS. The fact that you’ll need to make use of a physical card reader along with a transaction authentication number (TAN) to verify any transfer ensures that your personal information will not be mishandled.
In addition to the level of security in place, as you will be redirected to your bank’s website when making a deposit with EPS there is no need for your banking details to be shared with the online casino or any other third party.
You will also not be required to register an account with EPS in order to use any of their services. Thus speeding up the entire process!
Disadvantages Of Using EPS
Unfortunately, the major drawback involved in using EPS is the fact that you can not use it as a means for withdrawing funds from your online casino account. This means that you will have to choose another withdrawal method (of which there are many) in order to transfer any winnings.
Also, EPS can only be used by those holding an Austrian bank account. This means that not all online casino enthusiasts can take advantage of the range of services this payment platform offers.
Where To Pay With EPS?
As EPS has increased in popularity over the years, the number of casinos that accept it as a payment method has greatly increased. This is not to say that it will be available at every online casino you may visit, but you stand a good chance of finding a suitable one which welcomes EPS users with open arms.
If you select from the casinos that we’ve featured on this page then you’ll be spinning away on your favourite slots or being dealt in at the tables using EPS in no time at all!
Interesting Facts About EPS
- To date, more than 1,000 web-shops offer EPS and also government transactions can be made with it. This is because it is the official payment method for e-Government.
- EPS is compatible with the German Giropay system. Due to this, you are able to pay at German web-shops whenever you see the combined EPS/Giropay logo.