What is Inpay?

Inpay is an online payment processing system that has made it their sole purpose to connect the majority of the international payments world through localized transactions.

It works on the principle...

... of partnering with a number of major banks and financial institutions in key markets globally and setting up their own office. That way, they get direct contact with the respective institutions, as well as the merchants that they service.

In this regard, the company has listed over 60 different countries where they have partnered with the local financial institutions. By setting up an account in these establishments, and possibly a whole office to handle operations volume, they have managed to optimize the service, and further extend it to even greater territories.

Some of the countries included in the Inpay platfrom’s network include:

Argentina, Austria, Belarus, Belgium, Brazil, Cambodia, Canada, Chile, Croatia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, India, Italy, Jordan, Latvia, Lithuania, Mexico, Morocco, Netherlands, Norway, Poland, Romania, Russian Federation, Sweden, Turkey, United Arab Emirates

The solution devised by Inpay...

...has come to find suitable application in several major industries, with e-commerce at the forefront. Merchants and other online servicing businesses are now able to perform their daily operations easily, as they get reliable, timely payments from their paying customers. This, in turn, has helped them stabilize their presence, or even spread it to new markets that were otherwise considered less popular choices.

Another use for Inpay...

... is found in B2B payments, especially when one company needs to make transactions with numerous partners or clients on a regular basis. The same goes for disbursements, i.e. B2C payments, especially since it allows businesses to retain customers by providing speedy chargebacks, and in the local currency.

The banking industry...

...with international banking and payment processing operations has also greatly benefited from the solution. Inpay’s platform also works as a viable complementary to SWIFT. Government and NGO bodies are also said to benefit greatly from processing payments with this method. The former can send funds to their designated destinations without worrying about security, while the latter can achieve maximum use of their limited funding in most needy areas.

Today, the company boasts a whole network of offices, as well as accounts in leading banking institutions all over the world. Denmark and Switzerland are among the countries where they are based out, with Denmark additionally hosting their servers in top secure environments. Moreover, the financial supervisory bodies of both countries have authorized and confirmed the reliability of the service, further boosting its credibility.

Hence, Inpay has managed to build up quite a user pool with individuals, through medium and large businesses, to whole enterprises, all making use of the benefits of their payment processing solution.

Inpay Online Casino Payments

Interests have risen in regard to the online casino payments processed by Inpay, with potential users looking to learn how to employ them to their favourite pastime – online casino gameplay. Casinos and other gambling site operators are continuously adopting this payment method in their banking pages, all with the purpose to optimize transactions.

The payment service itself has offered a model for both its PayIn and PayOut transactions, or in this case, deposits and withdrawals.

How to Deposit Using Inpay

As the payment processor explains on the official website, they provide users with international payment processing with a unique technique. They register the payment made by the individual in their local account, verify the amount, and then pay it out to the designated merchant from another fitting account. In order to do this, online casino players need to go through several steps:

Step 1 – Make sure to check for the payment method’s availability in your chosen casino platform. Register or sign in with an existing player account and click on the icon to get started.

Step 2 – First thing you will need to do is specify the amount you would like to deposit into your player account, as well as the country of residence and suitable bank. Afterwards, you will see the Inpay window generate the banking details you will need.

Step 3 – Head to your regular online banking platform, input the specific details, as well as the amount you would like to transfer to this account, and confirm the process. In case you have activated any additional security procedures, you may need to go through one more confirmation. If not, then the transaction will instantly take the funds from your bank account to the destination.

Step 4 – Inpay holds the target account in the partnering bank, and transfers the funds instantly to the casino operator, all the while ensuring security. Thus, players get the money credited to their casino accounts in practically no time, simply by relying on Inpay to speed up the standard lengthy , yet reliable and familiar online banking transactions.

Inpay Withdrawals

Unfortunately, online casino players are not able to enjoy the benefits of this banking service for withdrawal purposes too. While a number of casino benefits, bonuses, jackpots and other player prizes are still up for grabs, Inpay’s advantages are bound to have provided for a most efficient online casino cashout option.

Advantages & Disadvantages

• Security – As pointed out on their official site, the Inpay payment method definitely takes great pride in their security. Just the servers used for their ‘big data’ storage are located and protected by the latest high-tech surveillance, control, monitoring and precautionary What is more, all processing operations are fully encrypted and most importantly, legally compliant with the regulations of countries respectively.
• Speed – Despite such complex security, the service still manages to maintain speed of transfer. In fact, online casino players are able to get their funds instantly, and the same goes for merchants and other businesses receiving payments from customers. As long as the transaction has been authorized, the same speedy service is provided in other transactions – B2B, governmental and refunds, per say.
• Fees – Still, the greatest of all advantages experienced by this payment processor is the lack of fees. While businesses are charged, private individuals and customers can enjoy all the perks without paying any fees.
• Availability – The number of markets it is available in is definitely one of Inpay’s greatest advantages. They establish dominance over a greater territory, and with the number of benefits leaving users more than satisfied, it sets the scene for further progress.

Among the apparent setbacks that they would need to work on and improve are the following:

• No Withdrawals – The service that otherwise has the mechanism to pay out funds to customers avoids processing withdrawals from online casinos for compliance reasons. This, in turn, has left a number of players less satisfied, especially since nowadays everyone is looking for a more comprehensive solution to handle all at once.
• Market Restrictions – On a final note, it is important to mention that despite its widespread coverage, there are still many major markets missing out on the opportunity to transact using Inpay. The US online casino market is one such untapped pool, leaving their players dissatisfied due to lack of availability.