Payspark is a relatively new online casino payment method that is fast growing in popularity.
Payspark is an e-wallet that can be used to make deposits into or withdrawals from your online casino account. Not all casinos accept Payspark as a withdrawal method, so you need to check before you start there. The method was developed by InfiniaTM. Payspark is divided into two types of accounts – the Payspark ATM account and the Payspark Internet Purchasing Account (IPA) which is the one that is used to fund casino accounts. As of January, 2007, United States online casino players are no longer accepted by Payspark.
In order to open a Payspark account, you need to be invited to do so. You cannot visit their website and apply yourself – rather, if the online casino accepts your request, they will apply for the card for you. In order to qualify to have an account with Payspark, you will need to provide a copy of an ID document, such as a passport or driver's license and a copy of a utility bill that is no older than six months old and shows your current address. Once that is done, you can fund your Payspark accounts by a variety of methods, such as credit card, transfer from a Payspark ATM account, via Western Union or via a wire transfer. Payspark accounts can be funded in US dollar, British pounds or euros.
Then, simply visit the online casino that accepts Payspark as a payment method; click on the Payspark logo in the cashier's section of the casino and continue on to making your payment. In order to do this, you enter your Payspark log on details, the Payspark account that you wish to debit and the amount that you wish to deposit into the account.
You can also use your Payspark account to make deposits when you see the Ezipay logo. Some sites now do not display the Payspark logo, only the Ezipay one.
You are able to access free online statements through the Payspark website. This makes it much easier to keep track of your spending. If your account maintains a monthly credit balance of at least US$500, you will be paid out 2% interest per annum (paid on a monthly basis).
There is no minimum balance required for a Payspark account to remain active; however, if an account with a zero balance is not used for 90 days, it will be closed automatically. There are no fees and charges for an active Payspark account, however if an account is left dormant, with a positive balance, it will incur an administrative fee of US$10 per month.
Payspark provides real time funding. You have access to online customer support to answer all of your queries. Payspark is a fast, safe and secure payment method. Your card will not be rejected as long as you have money in your account. It is not subject to credit checks.