PrePaid ATM has ceased operation.

Online Payment Options - Prepaid ATM

Prepaid ATM used to be very highly regarded in the online gambling history but something happened a few years back when they were bought out and then the company that bought them out, went bankrupt. They’ve been in business for several years and word on the street is that they withheld a lot of money from online casinos and their chargebacks were very high. Very few casinos now accept them for money matters.

It works easily with a small fee being taken for each transaction, similar to Click2Pay. The fee varies based on the type of deposit. If you deposit via instant ACH, your fee is 4% and for credit card deposits, it’s 5%. If you’re willing to wait a week or so for your funds to transfer from your bank account, there is no fee. Many online gamblers can’t wait and will pay the small fee making it worth their time.

You get a Prepaid ATM debit card which can be used in over 900 ATMs worldwide and it’s $1.50 to make a withdrawal from the ATM once the casino pays your winnings. They also charge you for balance inquiries and failed withdrawals so be careful. If you have non-sufficient funds, you’re charged $25 for each one.

You have a choice of hooking up your bank account or depositing via credit card which in most cases isn’t allowed in the US. Prepaid ATM is US based and they have a 24 Hour customer service department. Lately their site has been down for major upgrades and this isn’t the first option I’d choose for depositing.

PrePaid ATM Casinos

PrePaid ATM has ceased operation.