The Significance of Euteller to Business Industry
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Euteller is one of the leading domestic payment services which transfer monetary deals in real-time and consumers can make bank transactions and other payments efficiently. It was founded in 2007 by a private company in Finland created for consumers to make online bank transactions in a more convenient manner. Financial Supervisory Authority of Finland (FIN-FSA) a Finnish payment provider, authorized all financial transactions making it the number one online payment service in the country.
The security and safety of the clients are the main goals of Euteller so they are under the protection of the Anti-Money Laundering system (AML) which works with fraud control software and the company is constantly audited by third-party watchdogs to ensure that their clients are in good hands.
Euteller is fast gaining popularity in Finland and many top-rate businesses such as online casinos trust this institute. Kasinohai, one of the notable internet casinos in Finland, introduces Euteller casino or virtual gambling sites which automatically offer Euteller as a payment option. The casino site chose this payment system because of its convenience and efficiency in business deals.
What makes it ideal?
One of the best features of Euteller is it guarantees the confidentiality of the user for they do not have to reveal their account name and bank account number to any service providers and/or business institutes. This way, the user feels secure from cyber theft or spam.
Another unique characteristic of this payment service is the client must have a direct online banking account to any of the following:
- Tapiola
- Aktia
- Pohjola
- Alandsbanken
- S-Bank
- Sampo Bank
- Nordea
- Handelsbanken
- OP Bank
Clients who have any of these banking accounts can easily sign up for Euteller and can enjoy real-time payments without registration.
Making a deposit in an online casino using Euteller:
- Clients who want to make a deposit using this payment system must have an account in any of the banks mentioned above or it is impossible for them to proceed. Once the client is ready to make a deposit in an online casino, they simply have to select Euteller from the list. They can find this option either at the cashier page or the casino’s banking.
- Choose the bank where they have an account and the casino site will channel them to the online banking page of the said financial establishment. After they have logged in they can deposit the amount and validate it using the pin provided by the bank. The entire process is done in real-time so the funds will be automatically transferred to the online casino on the dot.
The majority of the virtual casino sites do not charge fees for deposits through instant bank transfers and that includes Euteller. However, Euteller has charged like any third-party payment options as service fees.
Advantages of using this payment option:
– Mobile payment transactions seemed easy using Euteller by simply visiting their site using your gadget, you will automatically be redirected to the mobile version and the website will adjust the screen size then you can now access any of the services then make payment safely and efficiently.
The best thing here is you don’t have to download it so it saves space for your mobile data.
– Customers who have access to Euteller don’t have to use their debit or credit card or enter their account details online to make monetary transactions. Customers have an assurance that their bank account is secure from cyber theft and fraud which makes it popular in Finland.
Here’s the catch:
– Euteller normally charges 1.95% for the online payment as a service fee for each payment the user makes.
– Clients can only make a deposit but it does not support withdrawals so they have to find other ways if they need a cash-out.
– It is limited to Finland only.
– It accommodates and transacts business if you have an account with the nine (9) banks mentioned.
Final Insight:
Euteller is designed to cater to people in Finland, that’s why it is limited. However, it ensures safety and convenience to the user. It is imperative that one should be aware of what Euteller can offer and discuss it with the casino operator when it comes to other transactions.