PayDo Casinos are rapidly gaining traction, largely thanks to the speedy payments, safe transactions, and convenience this online banking service provides. If you’re keen on learning how PayDo casinos work, which bonuses you can claim with this payment method, and how to add PayDo to your casino account, this guide is for you.
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Using PayDo at Online Casinos: How Does it Work?
Some of the best online casinos in the UK and most European countries support PayDo because of the speed, versatility, and security this electronic money institution provides. Headquartered in London and licensed by FCA, FINTRAC, and MFSA, PayDo is among the continent’s most trusted money service businesses.
You only need to set up and verify your PayDo account, fund it with your preferred payment method (e.g. Visa, Mastercard, or bank-to-bank transfer), and choose PayDo to pay or withdraw money from online casinos.
Pros and Cons of Using PayDo at Online Casinos
There are no inherent flaws in using PayDo to fund or withdraw your winnings from online casinos while the advantages are many. This method is well suited for deposits and withdrawals, offers exceptional security, and supports dozens of currencies, so take a look at some of the most prominent draws and flaws of using this payment method at online casinos.
Pros
No setup or maintenance fees
Exceptional security
Momentary payments and speedy cashouts
Robust customer protection policy
Great reputation
Swift and international transfers
Cons
Unavailable in some online casinos
Minor internal top-up fees
Revpanda’s Process of Finding the Best PayDo Casinos
We at Revpanda have created a comprehensive testing method for PayDo casinos that scrutinises their security systems, bonuses, games, payout options, and other vital elements. Below is a breakdown of our 4-step process:
1
We Search for Licensed Casinos Only
We always strive to ensure a secure and enjoyable gambling experience for players. PayDo collaborates with online casinos regulated by trustworthy licensing authorities, such as the Malta Gaming Authority and Curacao eGaming. We verify the licences of the platforms we recommend by cross-referencing them with the official databases of these regulators to ensure their credibility.
2
Evaluation of Bonuses, Games, and Security Features
After establishing that the sites we tested function as advertised, we would then proceed to test all other relevant casino features. We examine the general and bonus rules in great detail, inspect the casino’s SSL certificate, use customer support channels, and inspect all other payment solutions. Our criteria are especially strict for no verification casinos that accept PayDo.
3
Custome Support Evaluation
We assess the quality of customer support at PayDo casinos by testing response times, communication channels (live chat, email, phone), and the knowledge of the support team. We ensure they are equipped to handle PayDo-specific queries, guaranteeing smooth resolutions for players. Only casinos with exceptional support make our recommended list.
4
Comparisons and Final Recommendations
As the last step, we compare how PayDo casinos perform relative to the online gambling industry standards and between each other. The cream of the crop is included in our ever-expanding list of casinos with the best gambling payment gateway solutions for you to enjoy.
How to Use PayDo at Online Casinos: Step-by-Step Instructions
You’ll need to register a new PayDo account by filling out the on-site contact form and fund your PayDo balance to use this payment method in online casinos. This section outlines how to start using PayDo, so let’s start from the top.
Time Needed:
5-10 Minutes
Device Required:
PC, Smartphone, Tablet
STEP 1
Visit PayDo’s Official Site and Register
Enter PayDo in your browser and tap “Sign Up” in the top right edge to access the personal account page. Enter your email address, create a password, confirm your new password, and tap “Create an Account” to get started.
STEP 2
Verify & Fund Your PayDo Account
PayDo verification for personal accounts is similar to the KYC checks you’ll encounter at online casinos. To complete verification, upload any government-issued ID and proof of address. While logged in, tap “Top Up Wallet,” select “By Visa/Mastercard” or “By Bank Details,” and provide the necessary details to fund your PayDo account.
STEP 3
Register at a PayDo Casino
Visit the website of your chosen PayDo casino and navigate to the registration page to create a new player profile. Fill in the required personal details, including your email address and password, and complete any necessary identity verification steps as part of the know-your-customer (KYC) process.
STEP 4
Go to Cashier and Add PayDo
Log into your casino account, go to the “Cashier” section, and select the option to add a new payment method. If the site uses the “Deposits/Withdrawals” scheme, tap “Deposits”, select “Add a Deposit Method”, choose “PayDo”, and make your first deposit. In most cases, PayDo will also become your default withdrawal method this way.
How to Withdraw Your Winnings with PayDo
The PayDo withdrawal process is almost identical to depositing with this payment method. Follow the guide below for more details.
Log into your PayDo casino profile
Navigate to “Cashier” and choose “Withdrawals”
If you already deposited with PayDo, simply tap PayDo again and choose your withdrawal amount
If you deposited with a different method, enter your PayDo account information before typing your desired withdrawal amount
Is Using PayDo for Online Casino Transactions Safe?
PayDo gambling sites are among the safest EU casinos because the FCA supervises all online transactions and operations that use this payment method. Advanced technical measures and protocols, including 256-bit SSL encryption, 3D secure card payments, real-time fraud prevention & detection, and face recognition technologies are in place to negate the chances of account breaches and data leaks.
PayDo Casino Bonuses
PayDo casino sites we found and tested allow users to claim all promotions with PayDo deposits. These bonuses and promotions come in various shapes, so let’s explore the most prominent ones in more detail.
Welcome Bonuses
Whether it be a sizeable match on your first PayDo deposit or a bundled bonus on several subsequent payments, welcome bonus offers are among the largest offers you’ll find at PayDo casinos. For example, some casinos may offer up to €200 in bonus funds on your first deposit.
Free Spins
Many online casinos offer free spin promotions that can be used with qualified PayDo payments. Instead of spending your real or bonus funds for wagers, you’ll receive a set of free spins on featured games, typically slots. For instance, some casinos may offer 50 free spins on selected slot games when you deposit via PayDo.
Cashback Bonus
Some casinos offer permanent cashback bonuses that require no deposits. The amount of (bonus) cash you’ll receive will usually be conditioned by your VIP or Loyalty status, and any money you collect this way can be withdrawn with PayDo. For example, you might see a promotion like: “Get 10% cashback on your losses every week, up to €100.” This means if you lose €100 in a week, you’ll get €10 back, which can be withdrawn using PayDo.
No Deposit Bonuses
No deposit bonuses require no payments. If there are several NDBs on offer, you’ll usually be required to make at least one deposit between claiming two separate no-deposit bonuses. You can cash out any earnings from your first no-deposit bonus, or make a qualified deposit to claim subsequent ones with PayDo. For example, a casino might offer: ‘Claim €20 free bonus with no deposit required, followed by a €50 bonus on your next deposit of at least €20.’ After using the €20 no deposit bonus, you could then deposit €20 to unlock the next bonus and continue earning with PayDo for withdrawals.
Deposit and Withdrawal Times at PayDo Online Casinos
PayDo is designed for speed and convenience. Deposits with this payment method are typically processed instantly, provided that you’ve verified your profile before authorising the deposit.
As for withdrawals, most online casinos process PayDo payouts within 1 to 3 business days, which is faster than what some alternatives provide.
There are a few important factors that can affect the speed of PayDo withdrawals, including:
The casino’s withdrawal policies, especially its stance on anti-money laundering checks.
Payment verification.
Withdrawal timing; avoid sending withdrawal requests on holidays or weekends to speed up the procedure.
Payout size and frequency. If you’re constantly withdrawing large amounts of cash, you may have to pass additional KYC checks.
PayDo Fees at Online Casinos
Casino operators rarely charge fees on PayDo transactions themselves, but PayDo (as a payment service) has several fees that you should keep in mind, including:
SWIFT transfers: 0.5%
FPS transfers: 0.1%
TARGET transfers: 0.1%
Fedwire international transfers: 0.5%
Credit card transfers: 3.4%
Internal currency exchange: 2%
Why Choose PayDo for Online Casino Deposits and Withdrawals
PayDo has an advantage over popular alternatives in terms of universal payments, safety protocols, and convenience. Let’s explore the perks of using PayDo at online casino sites.
Universal Payment Method
Similar to traditional bank transfers, PayDo allows you to make deposits and request withdrawals to the same account.
Regulated by the UK’s FCA
PayDo transactions are directly overseen by the United Kingdom’s Financial Conduct Authority. The site utilises sophisticated security features, such as fraud detection, 3DS card payments, and touch identification.
Minimal Fees
Virtually no casino operators charge fees on PayDo transfers. The service itself is mostly free, allowing you to set up and maintain your account and IBANs without spending a penny. You’ll only have to pay 3.4% of the money used to fund your account with credit cards while topping up with bank-to-bank transfers incur fees of up to 0.5%.
Accepts Inbound and Outbound Transactions
More traditional online banking companies are often picky about which casino sites they acknowledge as safe and exclusively accept payments from them. PayDo offers more lenience in this field, green-lighting all deposit and withdrawal requests as long as they’re coming from or to a licensed casino.
PayDo VS. Standard Online Bank Transfers
When choosing between PayDo and traditional bank transfer casinos for online casino transactions, it’s essential to understand their differences. Each option has unique advantages and drawbacks depending on user preferences, such as speed, fees, and security. Here’s a breakdown of how they compare in key aspects
PayDo
Standard Bank Transfers
Instant deposits and relatively fast withdrawals
Deposits are almost instant but withdrawals can take 3-7 business days
Minimal fees, with most transactions free
Banks may charge hidden fees, especially for international transfers
Regulated by financial authorities (e.g., UK FCA), offering fraud protection and 3D Secure
Traditional banks have long-established security protocols, including fraud detection
User-friendly interface, easy for beginners
May involve more steps and extra verification, making it less convenient
Can be used for both deposits and withdrawals at many casinos
Often restricted to deposits only at some casinos, limiting withdrawal options
Not all casinos accept PayDo
Bank transfers are widely used and accepted across most online casinos
Alternative Payment Options to PayDo Casinos
PayDo is versatile, free to set up, easy to use, and suitable for withdrawals and deposits. Even so, it’s not the fastest method under the sun, nor is it available in all quality casino sites. If you’re looking for alternative payment methods, these are some of the most popular ones:
Credit cards
Widespread, universal, and quick to process inbound and outbound payments, virtual and physical cards like Visa and Mastercard are the best alternative to PayDo. On the downside, credit card companies sometimes decline green-lighting gambling-related transactions. If you prefer credit cards for quick payments, check out our list of top Visa casinos for a seamless experience.
Cryptocurrencies
Cryptocurrencies offer the safety of decentralised blockchain networks and unparalleled speed. However, the constant price changes of virtually all cryptos are a huge drawback. If you’re more comfortable with crypto and want faster withdrawals, discover the best Cryptocurrency casinos for instant payments.
E-wallets
Using e-wallets like Neteller, Skrill, or PayPal is almost the same as using PayDo. The fees are comparable while the payment processing times are usually faster with virtual wallets. Unfortunately, many casinos forbid users from claiming bonuses with certain e-wallets. For faster transactions and ease of use, explore our recommended Neteller casinos to enjoy secure deposits and withdrawals.
E-vouchers
E-vouchers allow you to deposit money into your casino account without sharing sensitive banking details. Flexepin is one of the most popular e-voucher options available.If you prefer to use e-vouchers, check out our list of Flexepin Casinos for easy and secure transactions.
Final Thoughts on Best PayDo Online Casinos
We are committed to keeping you informed about the best PayDo casinos, consistently providing you with the latest updates. We carefully monitor the market, ensuring that we discover casinos offering the most exclusive bonuses and promotions tailored to PayDo users. Our team strives to bring you the safest and most trusted PayDo casinos, offering secure payment methods, fast withdrawals, and excellent user experiences. We go the extra mile to ensure that all the sites we recommend are licensed and regulated, allowing you to enjoy a seamless and trustworthy gaming environment
PayDo Services established the PayDo electronic money institution in London, UK in 2017.
Yes, PayDo is licensed by the Financial Conduct Authority in the UK under the PSR 2017. The company offers robustly encrypted transactions and a range of security features, such as 2FA, 3DS, Face ID, and more.
Register a new PayDo account, fund your PayDo wallet with credit cards, bank transfers, or alternative payment methods, and add PayDo as your depositing/withdrawal method.
Yes, PayDo users don’t have any setup or maintenance fees to deal with, but it has negligible currency exchange and top-up fees.
Pros 
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