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CashToCode is a casino payment method that is growing in popularity across Europe. The system aims to allow anyone to make online transactions by paying in cash at land-based locations. This platform has helped many people access online gaming sites with a privacy layer that takes the stress away when making payments on new websites.
Once you pay the Digital Cash Voucher, the transaction is processed in real-time using their API network. So if you want to deposit to a casino, you can head down to your local store and pay the voucher code with $100 cash. Once complete, your casino account balance will update, and your funds will be ready online.
CTC has partnered with some of the largest gaming sites online. These include Bwin, Casumo, LottoLand, and Video Slots. You can find this deposit method available at more than 40 online casinos in 2021, with the number expected to continue growing.
Merchants have also benefited from this unique system, creating their unique cash barcodes for customers to make online deposits. There are more than 100,000 retail locations where people can make process these payments. Unfortunately, their system is currently only available for players in Austria, Germany, Greece, Italy, and the United Kingdom.
A Brief History of CashToCode
Funanga Ltd is the company that created CashToCode. The company was founded in 2013 in London, United Kingdom. More than 20 employees work for the business, including Jens Bader, the new CEO, Christian Machmeier, the CTO, and Patrick Lebenbauer, the Global Marketing Director.
The main markets that CashToCode operates in are Austria, Germany, Greece, Italy, and the United Kingdom. Players in these regions can use the service with more than 100,000 local stores participating in the system, offering convenient local payment locations.
The CashToCode system has a bold plan to target a large market globally, those without access to banks & credit cards. The unbanked population represents millions of potential customers who have access to cash funds but no way to deposit them for an online transaction. Cash Code Vouchers are one way that people in this situation can get their funds online to play at a casino.
One of the main benefits of playing at CashToCode casinos is that players don’t risk their bank and credit card details on new sites. This setup provides a layer of anonymity and privacy which many people appreciate.
CashToCode – Pros and Cons
Pros
- Anonymous
- Great for privacy – protect your own bank/card details
- No Fees
- Instantly funded once paid
Cons
- So far only available in Austria, Germany, Greece, Italy, and the UK
- Limit of up to €400 per transaction
- You cannot use it for withdrawals
How to use CashToCode at Online Casinos
The first step is to pick which one of the CashToCode casinos you wish to play on. Then sign up and create your account. You will usually need to verify your email in this process.
The next step is to head to the cashier and select CashToCode as your deposit option. Choose the amount you wish to fund. You can choose from €25 and up to €400 per transaction. The casino will redirect you to the CashToCode website.
From there, you can use the store locator to find the closest locations in your city where you can pay the voucher in cash. Once you select a store, the system will generate a CashToCode barcode. You can show this via your mobile phone or by printing it out.
You can pay with cash at the store location, and the worker will scan the barcode and process the payment. Once done, the system works in real-time and will notify the casino of payment. The funds will now be available in your casino balance. The store worker will also provide you with a receipt to have a record of your transaction.
The one downside to CashToCode is that you can only use it to make deposits. You will need to pick a casino site that has other suitable withdrawal options for you. Many sites offer a great variety of different choices like CryptoCurrency and E-Wallets.
Conclusion
CashToCode is a growing casino payment method available in a few countries in Europe. The company has a goal to let everyone access easy payments using cash for online transactions. Currently, this system is only available to Austria, Germany, Greece, Italy, and United Kingdom.
The cash voucher system is excellent at providing anonymity and a greater privacy level for consumers. There’s no need to risk exposing private bank or credit card details at different online casino sites, reducing the risk of fraud. These features have made it an increasingly popular casino payment method for players in 2021.
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CashtoCode FAQ
Which countries can use CashToCode?
Currently, CashToCode is available in Austria, Germany, Greece, Italy, and the United Kingdom. The company looks to continue growing by branching out to other nearby European countries popular in the iGaming industry.
What currencies can I use to deposit?
Because CashToCode is a UK company and operates in five European countries, the only currencies accepted in Euros. The EURO is a significant currency that most online casinos support.
Can you withdraw from a casino using CashToCode?
No, this is one of the downsides to their system. Players who use CashToCode to deposit at a casino will need to withdraw using another method. So it’s wise to check which sites have the best withdrawal options for your region.
Is CashToCode safe to use?
Yes. The CashToCode payment system is regulated in both Germany and United Kingdom and has financial licenses to offer these services. They operate a closed-loop payment system that uses the latest API to ensure offline cash transactions are processed online in real-time. When using the system, there is no need to risk your banking details, so it’s perfect for privacy.