eKonto
Those in the Czech Republic who currently have an account with Raiffeisen Bank and wish to make deposits at online casinos can use the eKonto payment method. This payment method is only listed at online casinos that accept players from the Czech Republic.
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Singing up for a eKonto account
If you create an account with eKonto, you’ll find a savings account with very generous interest rates attached. Raiffeisen Bank rewards those who set up an eKonto account with special deals and regular offers because they want to promote eKonto as the payment method people should use. In fact, the more you use your account, the more Raiffeisen Bank will reward you.
There are some 120 Raiffeisen branches throughout the Czech Republic and you have to visit one of these in order to set up your eKonto account. An eKonto account has three payment solutions available: direct banking, debit payment cards and Internet shopping.
Using eKonto as a casino deposit method
As for using eKonto at online casinos, you’ll find that you can’t actually use this payment method to make withdrawals. Therefore, if you wish to withdraw money back to your account, you’ll have to use a different payment method. Some of the many services available with eKonto come with an extra fee; you may also be charged for using this payment method depending on what deposit method you use and what casino you’re using it at.
Advantages
That being said, there are lots of advantages to using eKonto at online casinos. This payment method is very secure and safe thanks to the advanced encryption software that is used to ensure that all payments are protected and that nothing can go wrong with them at any stage of the transaction process. As for your personal details and banking details, they’re always kept completely anonymous; whoever you're sending money to or receiving money from, they’re never able to see your details.
888 Casino, 777 Casino and Royal Panda are some of the many online casinos that accept eKonto as a payment method. When using eKonto at online casinos, after selecting it as payment method, you’ll then be redirected to your banking account and once you’ve checked and confirmed the deposit form, your money will be transferred instantly.
eKonto has a debit card available to account holders; this debit card is accepted wherever MasterCard and VISA are accepted. With this card, you can keep up-to-date with your account balance, as well as your online casino funds; one of the main advantages of using this card is that, because it’s a debit card, you can only use the money that’s on the card and no more. This can help stop people from overspending and can curb gambling addiction. Thanks to mobile banking, you can keep on top of your eKonto account while you’re out and about.
Even though lots of eKonto’s services do come with fees, there are many advantages to using this payment method. Those in the Czech Republic are able to use it for a variety of purposes and they should find it very convenient and easy to use when it comes to funding online casino accounts.