Author:
Gabriel Markham
Last Updated:
05/24/2022
Table of Content
- Making a payment with VIP Preferred – what you need to know
- Withdrawal and deposits with VIP Preferred online gambling: average time scales – almost instant
- VIP Preferred verification requirements – an overview of VIP Preferred payments
- The history of a VIP Preferred casino – how VIP Preferred has grown
- VIP Preferred casino payment methods compared to other providers – are they up to the competition?
- Three essential facts about using VIP Preferred casinos facts to remember
- Conclusion – VIP Preferred might be right for you
- VIP Preferred online casinos FAQ
Making a payment with VIP Preferred – what you need to know
We included a few key steps that you will need to know if you want to start using VIP Preferred casinos for online gambling.
Finding a suitable online casino
An excellent place to start is to look through the different casinos that are available in your state. Make sure you know what it is you’re looking for, like a specific game and check to see if the online casino offers that. Or, if you’re entirely new to online gambling, try and find a casino that provides a range of games, and you can go from there.
Create an account
Once you’ve found what you’re looking for, you will need to set up an account. VIP Preferred casinos allow you to create a new account by including your name, address, date of birth, email address and password. You want to ensure your personal information is correct. Not all states have legalized online gambling, and you need to be living in the same US state you create an account in.
If the online casino doesn’t ask for these details, they probably aren’t reliable. Reputable VIP Preferred casinos follow the guidelines that federal law requests in America. But you’ll know what to look out for by reading through our reviews.
Do you already have a VIP Preferred account?
If you are ahead of the game and have a VIP Preferred account that you use, the sign-up process will be a lot quicker. All you would need to do is add this new online casino to your account as your payment details are already input.
Making deposits
Once your account has been established, you can choose how much money you want to put into the VIP Preferred online casinos. It’s a great idea to start with a small amount and work your way up when you feel more comfortable. Then you’ll be ready to play the online casino games!
Withdrawal and deposits with VIP Preferred online gambling: average time scales – almost instant
When looking at the processing time for VIP Preferred online casinos, we found that their deposits and withdrawals were pretty quick compared to other payment methods.
VIP Preferred casino Deposits
The best online casinos with VIP Preferred deposits are processed rapidly. They usually take a few minutes to transfer from your bank account onto the online casino. This payment method is excellent for those online gamblers that want to get started on casino games straight away. The VIP Preferred account has already set up your card details. So, there is no need for more internal security checks that other payment methods would go through to slow down the processing time.
In addition, VIP Preferred deposits use ACH (Automatic Clearing House) as a computer-based system to ensure your funds are processed without any hassle.
VIP Preferred casino withdrawals
At TheGruelingTruth, we found their withdrawal times to be quite impressive. They aim to get your winnings to your bank account within two business days. This could also depend on when you decide to request the withdrawal. It could also depend on how much you want to take out. If you were using a different method like a MasterCard or Visa payment, you would have to wait for internal checks to go through. This could be due to your bank provider not being used to a more considerable amount of money being processed at once.
In addition, if you’re waiting for more than five days for your withdrawal to be processed from VIP Preferred online casinos. You are allowed to check with the operator’s customer service team on what to do next.
VIP Preferred verification requirements – an overview of VIP Preferred payments
If an individual is interested in using VIP Preferred casinos, they first need to consider what verification requirements are needed to create the account.
Keeping information up to date
The new customer needs to have their personal details up to date. Even though the US is approving more states to legalize online casino gambling, many areas still don’t allow players to do this. So it’s vital to have an accurate location of where you reside to get the benefits of opening a VIP Preferred account there. Different areas may offer various bonuses and offers, too, so always check the terms and conditions of each online casino to see if they have what you’re looking for.
Being eligible to gamble online
In addition, the legal age to use VIP Preferred casinos and gamble online is 21. The operators want to ensure the individual signing up is the person they claim to be. So the site will probably ask for a photo ID to confirm their identity. Reliable online casinos take security very seriously. If these checks aren’t offered, an individual might want to consider better options.
Our top rated VIP Preferred casinos
The history of a VIP Preferred casino – how VIP Preferred has grown
When researching VIP Preferred online casinos at TheGruelingTruth, we wanted to discover more about how the company started and where we see it going in the future. We paid close attention to the company’s growth and their aims and initiatives from VIP Preferred payments.
How it started
The origin story of VIP Preferred comes from the international company called Global Payments. In mid-2021, Global Payments was named to the Fortune 500, listed on the New York Stock Exchange (NYSE).
It is a well-respected US company providing payment technology services to consumers, issuers, and merchants worldwide. These services include processing payments made in different ways, including debit and credit card payments and even digital and contactless payments.
VIP Preferred launch
In 2012, Global Payments created VIP Preferred payment methods. This launch was aimed at online casinos. As this method became more popular, they included other online activities like sports betting. VIP Preferred believes that we are heading towards a cashless society. Compared to years ago, most establishments are now more willing to use card-only payment options.
This company also wanted to prove that consumers can handle online transactions without hassle. Some payment methods considered outdated now still struggle with processing delays. So VIP Preferred online casinos are welcomed by many online users. The need for cash payments may soon be more uncommon than card payments, so VIP Preferred is moving in that direction.
Future success
VIP Preferred is still relatively new to the online casino scene. So there is more room for development from the company’s side. This payment method is only available in the US in states that have legalized online casino gambling and sports betting. But we think they’ll be available in other countries like the parent company Global Payments and continue to impact the consumer digital payment experience.
VIP Preferred casino payment methods compared to other providers – are they up to the competition?
If you’re considering using VIP Preferred casinos, it’s essential to consider how they compete with the other popular payments out there, like MasterCard online casinos payments that have been around for decades. We listed a few reasons why VIP Preferred payments are a good choice and where they lack.
High deposit and withdrawal limits
Finding the best online casinos with VIP Preferred might be the right choice for you for online gamblers who are high rollers. You are given high maximum limits for deposits and withdrawals, which is great if this works with your casino gaming strategy. Also, it differs from other eWallet methods, like what you might find at PayNearMe online casinos, that limit how much you can transfer. But, always check the payment limits with your chosen casino.
Extensive security measures
At TheGruelingTruth, we take customer safety seriously. So it’s essential for the payment methods we review to have appropriate security features. Thankfully, VIP Preferred online casinos offer that. This is vital, especially if you’re new to online gambling and ensure your funds and details are safe.
Because you’re not inputting your card details onto the online casino directly, there is a layer of security from that. The transactions go straight from your bank account onto the casino, so they are speedy and straightforward.
Only available in the US
Unfortunately, because VIP Preferred casinos are still growing as a company, they are only accessible if you live in a legalized gambling state in the US. This means you won’t have as many online casino deposit options in the casinos that haven’t gotten VIP Preferred on board. There is a limited number of casinos to choose from.
However, that doesn’t take away from the fact that VIP Preferred payment methods are more hassle-free than older methods like MasterCard and Visa payments. VIP Preferred online casinos offer an efficient way to gamble. With the changing gambling laws in the US on the rise, there’s no doubt this company will expand to different countries in the future.
Alternatives to VIP Preferred
Three essential facts about using VIP Preferred casinos facts to remember
We wanted to highlight some important facts about using VIP Preferred online casinos if you reside in a legalized US state.
Conclusion – VIP Preferred might be right for you
Overall, we think that VIP Preferred casinos could be the payment method for you. If you’re looking for something that has computer-based technology to ensure your transactions are processed quickly and without any issues, VIP Preferred is an excellent consideration.
Although they are only available in the US at the moment, we don’t doubt they’ll be more of an international reach in the future as it gains more customer interest. VIP Preferred casinos are accessible in physical locations around the country. So, if you’re still not sure about online gambling, find a casino and see how they operate. At TheGruelingTruth, we would recommend you give VIP Preferred a try.
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