UseMyFunds is a global payment system that allows you to pay for online purchases directly from your bank account, without using an intermediate stored-value service such as an e-wallet. The UseMyFunds system can be used at a huge number of online casinos, and while UseMyFunds cannot be used for online gambling payments in many countries, Canadian players can use this service to make deposits at most casino sites.
Making Your First Deposit with UseMyFunds
UseMyFunds is an exceptionally easy system to use, as it is integrated into the online banking services that your bank already provides you with. It’s important to note here that not every single bank is in the UseMyFunds network; you may wish to check with the UseMyFunds website to make sure your banking system is compatible with UseMyFunds (most major Canadian banks are). You’ll also want to sign up for an account at UseMyServices.com, which will allow you the full functionality of the UseMyFunds system.
In order to utilize UseMyFunds, simply log into your online casino account and navigate your way inside the casino client to the banking area. On the list of deposit options, you should see UseMyFunds (or, in some cases, UseMyBank) listed. Select it, tell the casino how much you’d like to deposit, and choose your bank. You’ll be taken to your online banking site, where you can log in using your normal banking login and password. From here, you can approve the transaction. You’ll then return to the casino, and within minutes, you should see your funds deposited into your online casino account.
Online Casinos that Accept UseMyFunds Deposits
While UseMyFunds is not a household name, most online casinos have quietly added it as a deposit option over the last few years. Given that it is a secure and trustworthy method of transferring funds for the casinos themselves as well as the players, we expect to see UseMyFunds become even more widely offered in the coming years. Here are a few of our recommended casinos that accept UseMyFunds:
- Spin Palace
- Royal Vegas
- William Hill Casino
- Europa Casino
Benefits of Using UseMyFunds
UseMyFunds is one of the most simple and direct methods of making a casino deposit that we’ve come across. There’s no need to sign up for any third-party services or pay fees in order to make transactions; instead, you’ll just use the same online banking interface that you probably already utilize to pay bills and manage your checking and savings accounts. This convenience is hard to beat; it essentially gives you the simplicity of a bank wire or an eCheck without the normal wait for funds to clear.
UseMyFunds is fairly widely available as well; according to the company’s website, over 1.6 billion banking customers have access to the UseMyFunds system. Since it uses the same online banking networks that are already in place, it’s also one of the most secure deposit options available to most players. Processing is done instantly as well, allowing players to immediately begin using their funds in casinos with little or no wait times.