InovaPay Casinos with Instant Withdrawal (2024)
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InovaPay is a great payment tool that has not gotten the attention it deserves, but with this text we hope it reaches to more punters and non-players alike. It is a fantastic and very agile payment method that does more than you might think.
In fact, one of the reasons for which InovaPay is not so well known is because it keeps a lot of its history to itself. What we mean by that is that there is no real history to dig into here, and the internet is surprisingly silent on its past.
All we did learn was that the firm behind InovaPay is Flexewallet Pty Ltd, an Australian company, which is actually owned by the Novatti Group, a multi billion dollar corporation handling well over $2.3 billion of annual transactions with its main partner VISA. Novatti Group is also regulated by ASIC, the Aussie financial overseer, so there's that.
As for InovaPay it was launched in 2018, with the goal of targeting Latin American users with an emphasis on Brazil's enormous online player and buyer market, since this payment method perfectly caters to people without a bank account, which is a big portion of the population in those parts. The digital wallet and especially the InovaPay prepaid voucher perfectly fit the needs of these clients as they don't need any bank accounts to send or receive money, nor to deposit in online casinos.
However, a more unknown marginalized audience that InovaPay targets is in its home country of Australia, where there are countless foreigners without bank account who need to manage their funds somehow, and that's where InovaPay comes into place.
Of course, as a globally recognized payment system, InovaPay wouldn't be taken seriously without the appropriate safety measures. Well, at the top you have the ASIC regulation which is a global stamp of approval, guaranteeing that as far as InovaPay payments go, all deposits and withdrawal will securely reach their destination. Then there is the inclusion of encryption tech that ensure the safety of the money even further, and that is followed by firewalls and protected servers.
How InovaPay Works
InovaPay is an e-wallet with a twist, expressed in its three main payment solutions. There the InovaPay gateway, the customer e-wallet, and the InovaPay pre-paid voucher.
First off, we have the InovaPay gateway which allows clients to invest in online casino without having to open an account with the provider. This is incredibly convenient, but our professional opinion is to open an account as soon as possible to reap all the benefits.
After you open an account, you can truly take InovaPay for a ride. The e-wallet, and the main attraction here, allows the client to fund a number of casinos and to make purchases anywhere where the method is available. All you need to do it to fund you InovaPay e-wallet using your bank, cards, or any other wallet. This is also the best way to withdrawal funds from online casinos. To activate it, use the “Free Sign Up” link and provide the basic credentials.
The third and final form that InovaPay morphs into is the pre-paid voucher. If you have funded your InovaPay e-wallet you can apply for a 16-digit PIN based voucher that can be filled with money. This way of investing is very secure and can actually help users come up with online casino strategies since they will have to manage their money. All you need to do is to input the PIN each time you make a deposit, or a purchase, and that's it; the system will not require any further information from you.
With your wallet being ready, you can now proceed to deposit in an online casino. All you need to do is find a platform that accepts InovaPay as a payment method, and visit the cashier section to invest. Specify the amount, wait to get redirected to the wallet to confirm the transaction, and the rest is history. Enjoy! It's this ease with which payment systems lime InovaPay pride themselves, and use as leverage.
For withdrawals, and yes this system allows from withdrawals from online casinos, all you need is to chose InovaPay from the cashier page, confirm the amount and request, and wait to get approved. And that's that; withdrawals couldn't get any simpler!
Advantages of InovaPay
- InovaPays's focus on a more niche and untainted market and audience has the potential of bringing online casinos to millions of new players. When a payment method can do that, you're dealing with a next level firm.
- As part of a much bigger family of companies, InovaPay has a firm background in bringing the best payment services and solutions worldwide, so this can be considered as a stamp of pristine service.
- Of course, the system is incredibly safe not to mention fast, and both sides to it perfectly fit the needs of any online casino.
- The way it has been created, with its three separate systems, InovaPay is meant to be used by punters since it offers a level of unprecedented accessibility and flexibility.
InovaPay Fees and Time
Deposit Time | Withdrawal Time | Deposit Fees | Withdrawal Fees | |
InovaPay | Instant | 3 days | – | – |
Generally speaking there are no payment fees associated with InovaPay deposits and withdrawals. Of course there is always the odd bunch of the whole heard that does charge commissions, but these are far and few in between. You should learn about your casino's commissions by reading through the legal documents and any payments pages.
The payment method itself may charge a small fee for managing an account. Also there is an inactivity fee that applies in two cases. If the user has a dormant account for more than 12 months he will be charged. While if the same account continues to be inactive for more than 36 months an additional fee will be commissioned. This final fee is then followed by the official closure of the account.
Online casino deposits are instant, meaning that the user has to wait only a couple of seconds to see the funds reflected into the account. However, withdrawal may take up to 3 days to process.
InovaPay and Online Casinos
There are a bunch of reasons why your next online casino payment should be based on InovaPay's silutions.
For one, its incredibly fast, as we have seen, and completely free, which is more than a wining combo; it reveals that the core of the provider is to provide the best services, and only a payment method that truly cares for its quality of services delivery will do that.
InovaPay is also secure, and yes although lacking a couple of major protective layers, the fact that it is licensed by Australia's ASIC is more than enough of a reason to trust it. Online casino punters will see for themselves how safe and secure the whole system is, with money and data security placed as a top priority.
Another great side to InovaPay is its focus on the Latin American community, meaning that through it online casinos are more accessible than ever considering how easy it is to set up an account. It opens the market to a whole new audience, and popularizes both the payment method and online casinos in general.
The payment method is also a great tool for withdrawing money, which is not as available as you might think. Some alternative methods cannot be used to withdrawal casino money, but this one is.
Similar Payment Methods
Of course Boleto comes to bind when talking about popular Latin American payment methods, especially in this case where InovaPay's larges audience is based in Brazil, where Boleto is also its main competitor. Both payment methods hold sway over the local populace. In additions, we have two other hugely popular e-wallets.
Skrill | Boleto Bancário | AstroPay | |
Currencies | 40+ | BRL | 16+ |
Countries | 180+ | Brazil | 18+ |
Deposit Times | Instant | 4 days | Instant |
Withdrawal Times | Instant | – | up to 6 days |
Payment Method Fees
| 0.50% to 2% fee per casino withdrawal Payment system fees Deposit fees depend on casino in question | Up to R$12 deposit fee Payment postponement fees
| No fee for deposits. Withdrawals issue 0.5% charge.
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InovaPay Milestones and Mentions in News
It appears that InovaPay hasn't been in the news lately, and there aren't any milestones with the payment method as a headline. The company is focused on bringing the best casino payment services to Latin American users it seems and that that's more than enough work to keep it busy for a long time. The awards come after the harvest.
How to Open an Account with InovaPay
InovaPay is very easy to deal with, and it's made so in order to be accessible to all.
- The first step is to visit the InovaPay site and open the ‘Sign Up for Free’ link.
- Then you will need to fill out the following forms with your details and credentials, and perhaps even your taxpayer identification number, depending on your current jurisdiction.
- When this is done, you are not registered, but are simply sending a request to join InovaPay, so you'll have to wait to be approved.
- Open the verification/acceptance email and link it to your new account.
- Then all you need to do in fund your account to continue.
Once the account is official, you need to move to your preferred online casino (make sure it has InovaPay as an available method). On the casino payment page you will need only to chose the payment method, complete the InovaPay login page, and confirm the transaction. It couldn't be easier.
Allowed Countries
InovaPay is largely available in Latin America, and is out there with the top e-wallets. It has a prevalent presence in Brazil, which is the main target country. However, the payments provider is also available in the UK, Canada, Australia, and New Zealand.