Mister Cash and Bancontact were two separate payment systems that were merged to form Bancontact Mister Cash. This payment method has been around since the 80s when Mister Cash and Bancontact merged and in 2006, the company that owns this payment method made it possible to use it online. If you wish to use this payment method, you will need an account with a Belgian bank; only Belgian banks use Bancontact Mister Cash.
When you sign up and create a Bancontact Mister Cash account, you’ll receive a card that’s connected to your account. This card is not only issued by select Belgian banks, but also by a number of other payment service providers based in Belgium. This payment method has many uses as you can use the card in loads of shops throughout the country and it can be used for online shopping.
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When it comes to depositing funds into an online casino account, funds will appear in your account almost straight away. However, you can’t use Bancontact Mister Cash to make withdrawals from online casinos; if you wish to withdraw your money, you’ll have to use a different payment method, or a normal bank transfer.
Not every online casino currently accepts Bancontact Mister Cash as a payment method. This is because this payment method is only used by people in Belgium and only those with a bank account that supports making online payments, use this payment method at online casinos. Some of the online casinos that currently accept Bancontact Mister Cash include William Hill Casino, EuroGrand Casino and William Hill Casino Club.
There are currently developments happening to make cross-border payments much simpler for countries that are in the European Union that are participating in the SEPA, which is short for the Single Euro Payments Area. The number of online casinos that accept Bancontact Mister Cash is quite small and it’s hoped that European countries in the future will be able to have a more unified and simpler process for making payments at online casinos; payment methods like Bancontact Mister Cash might one day be open to users outside of Belgium.
All payments made with Bancontact Mister Cash are extremely safe; in fact, they’re just as safe as normal bank transfers. Deposits are carried out straight away and your deposited money will instantly appear in your account ready for you to use. Encryption software and other security protocols are used to ensure that all deposits and transactions are carried out anonymously.
Bancontact Mister Cash is Belgium’s leader in electronic payment services, with a significant percentage of the country’s population regularly using this payment method. All transactions are easy to carry out and are very quick, safe and secure. This payment method is used to handle over 40,000 online transactions every day and more than 80% of all shops in Belgium accept this payment method. Though there are many positive things about Bancontact Mister Cash, the only major downside to it is that you can’t use it to withdraw your casino funds.