Venus Point Casinos with Instant Withdrawal (2024)
Table of contents
Venus Point is a digital financial platform based in Japan that was created to facilitate transactions from and to third parties. It is particularly popular in the Asian market as an instant payment method, through which users can conveniently deposit and withdraw funds. The system is known to be well-integrated with casinos, and in fact, it's mostly popular among players who enjoy spending time in online gambling houses.
The special thing about Venus Point is that whenever you use it, you accumulate points that can be converted into local currency (default is US dollars) for cash payouts. The system is point-based, with 1 point equaling 1 US dollars, so essentially, a customer operates with points. There is a feature called “Point Back”, which represents the maximum amount you can earn – the limit is $20 000 per month.
Venus Point also offers the option to receive change from retailers in points instead of cash. These accumulated points can be used for future purchases or withdrawn to a designated bank account. Users can easily access their points by navigating to the designated account section on the merchant's platform.
As for the company, it seems to have offshore origins, since all agreements signed with Venus Point will be interpreted according to the British Virgin Islands' governing laws. As a matter of fact, there is little to no information about the company operating the system, which signifies why it's not so popular worldwide. Nonetheless, many Japanese casino players use it since Venus Point gives them the chance to cash back some of the money deposited.
Venus Point can be considered a new player in the payment industry. It was introduced in 2017 and is known to operate primarily in Japan. Other Asian countries also have access to it, but rather limited, actually. Hence, it's fair to say that Venus Point is a Japanese payment method targeting Japanese players.
That said, Venus Point can also process US dollars, so it's not a surprise that it can be integrated with most casinos. As a matter of fact, the payment method is known primarily because of its availability for casino deposits, and user-friendliness. Not to mention that with each deposit, you can earn points that will later be possible to turn into cash.
Venus Point stands out as a trustworthy and secure platform for funding, paying and depositing. The security measures adopted by Venus Point are thorough – through Secure Sockets Layer (SSL) encryption technology, all user information is encrypted, which makes sure that data shared through the platform is confidential and safe.
The platform's commitment to user safety extends beyond just the security of transactional data. The client information is securely stored on servers scattered across the globe. These global servers are equipped with state-of-the-art security features, ensuring your personal details remain private and unassailable. The platform also maintains a strict stance on data access, barring any unauthorized entry into player data.
One of the greatest advantages of using Venus Point is the anonymity it assures. It safeguards your sensitive identity and financial information, thus ensuring that your personal details are kept safe.
Venus Point is also known for its transaction speeds. It carries out lightning-quick transfers that are typically completed within minutes, or even seconds.
Fees and Times
Little is known about the fees imposed. From the limited information available, the fee seems to be quite favourable – $1.8 for every $900 handled. The charge, however, depends on way too many factors – the merchant, the merchant type, the transaction type etc. In any case, the fees are considered favourable.
To use Venus Point to send or receive money from a merchant, just pick it from the options within the cashier, if available. Using Venus Point doesn't cost you anything, and the more you use it, the more points you get. For every 500 points, you earn 2.5 points that can be exchanged for money. However, if you want to swap the points, it'll cost you 2.9 points for every 900 you are about to change.
As for processing time, Venus Points is working hard to make sure any bank card payments are carried out on time. Nonetheless, no specific time frame is mentioned, but still, Venus Point is known to deliver casino deposits instantly, and that's why many Japanese players are using it nowadays.
If you want to take money out and put it into a different account, Venus Points will collect a fee. The charges are calculated in US dollars, but there is nothing specific, either. At any rate, casino deposits are free of charge but keep in mind that not all casinos accept Venus Point for withdrawals. When they do, just go to the cashier and pick the method from the options, your money will arrive soon.
An important aspect to keep in mind is that Venus Point doesn't offer chargebacks. Each transaction is irreversible, so make sure to be careful whenever you use the method since a single mistake may cost you an unexpected price – it's literally impossible to claim money back.
Similar Payment Methods
|Up to 48 hrs
2017 – Venus Point is established and started operating its service. Ever since its establishment, the method is popular mostly among casino players, so similarly to Neteller, Venus Point was also focused on the gambling industry as a primary income source.
2020 – Venus Point increased the number of its customers, many of which are casino players. The company included a large number of merchants from other industries, aiming to diversify Venus Point as a payment method.
2023 – unfortunately, Venus Point doesn't show signs of expansion. Quite the contrary, there is evidence that the method is slowing down and indications that it may have ceased its service. Hence, if you are a Japanese player, note that there may be some difficulties using Venus Point in the future.
Creating an account with Venus Point is a straightforward process. Go to their website – venuspoint.net, and look for the ‘New Registration' button and click it. This will take you to a temporary sign-up page to get started.
On the sign-up page, type in the email you want to use for your account and confirm it in the next box. After you've confirmed your email, you'll get an email titled ‘Book Registration'. Open this email and click on the link inside to move on to the next step.
It'll take you to a different sign-up page on the Venus Point website. Here, you'll need to fill in some basic personal details. It won't ask for anything unusual and you won't have to go through the usual long ID checks.
After you've filled in and checked all the details, you'll get another email. This ‘Completion' email tells you that you're done with the sign-up process. Now, you can use your new email and password to sign into your Venus Point account. From then on, you can add money to your account whenever you need to and use it at many online stores that accept Venus Point.
Depositing with a casino is not in any way more difficult – adding money to your online casino account is quick and easy, and can help you earn extra points, as mentioned before. Plus, it's a great way to pay because transactions are simple. First, go to the cashier page of the casino and click at the Venus Point logo, if available.
Once done, you'll be taken to Venus Point's website. Here, sign in with your email and password, then enter all the details of the transaction – how much you are depositing, which casino is getting the money, and the rest required.
Then, you only need to approve the transaction and you'll be taken back to your casino site. The deposit is usually instant, but in some cases, it may take longer than usual. That rarely happens, though.
The same process applies to withdrawals, as well. Go to the casino cashier, find the Venus Point option and click it. Thereon, fill in the information – how much you want to withdraw, provide your Venus Point details – ID, account number etc. and wait for KYC, AML if required. That's basically all you need to do, so whenever the request is approved the points will be soon in your wallet. Nonetheless, keep in mind that casinos may need some time to process the request, so the transfer may not be instant, but the money will sooner or later arrive.
Venus Point is a Japanese payment system, and it's mostly available in Japan. There are indications that Venus Point is available in other Asian countries, as well, but further details are not known.