eKonto is a local internet banking solution known for providing efficient online transaction services to the Czechs. The platform is operated by an Austrian financial institution called the Raiffeisen Bank. You should, however, know that the online payment method eKonto is not available for the Austrians, but instead, it is exclusively fashioned for the people of the Czech Republic. It is a payment method suitable for gamblers who want to make deposits to their respective new casino accounts.
For years now, the online banking platform continues to make strides towards streamlining its services to accommodate every individual from the Czech Republic. It is among the popular online payment methods in the region thanks to its excellent internet banking services. Throughout this piece, you are going to learn more about eKonto, what makes it popular, and why it continues to make waves in the realm of online casinos, especially in the Czech Republic.
Why is eKonto useful?
Go directly to
- 1 Why is eKonto useful?
- 2 How quick is it to deposit?
- 3 Is eKonto secure?
- 4 Can eKonto be used anonymously on new casinos?
- 5 Is there an age limit?
- 6 5 common reasons why my eKonto is declining
- 7 What is the difference from other payment methods for new online casinos?
- 8 Main Pros with eKonto
- 9 Main cons with eKonto
- 10 How do I get eKonto?
One common thing about online Punters is that they tend to look for online payment methods that are fast and effective. They want their money to reflect in their account as soon as they make the deposit. It is so that they can enjoy their best online games without any inconvenience. That is precisely what eKonto internet banking service does. The payment method is not only convenient but also reliable. Since 2008, it has provided the Czech people with a platform where they can quickly initiate their online casino transactions effortlessly.
How quick is it to deposit?
Depositing cash from the online banking system to your chosen casino account is fast. You don’t have to worry about delays or wait for hours for the money to reflect in your casino account. As mentioned above, as soon as you initiate the deposit, the funds will be available in your casino account in a matter of seconds. You can then go about staking in various games on the online casino. You should, however, remember that you can only use the platform’s services if you are banking with Raiffeisen Bank.
Is eKonto secure?
One of the main reasons why the internet banking solution is popular among the people of the Czech Republic is its extensive security protocols. The platform ensures your funds are safe and unreachable by unauthorized personnel. That is why they require verification when opening your account. Your online banking site will also need a login password before you can perform any transactions. These steps are in place to make sure your funds are secure for as long as you use the online banking solution. When it comes to security, there is no online banking service that does it better than eKonto.
Can eKonto be used anonymously on new casinos?
The online payment method allows online gamers to make anonymous deposits to their respective online casinos. That means you can initiate transactions without sharing your details with the online casino. It is among the key reasons that make the platform popular among online gamers in the Czech Republic. The internet transactions you make between the account and your online casino masks you throughout the whole process. That makes it suitable for anyone who wants absolute privacy while using the online payment method.
Is there an age limit?
Yes, there is an age limit. For you to use the platform, you need to be at least 18 years old. That is because you require identification documents to open an account with Raiffeisen Bank. Remember, it is the only way to be able to use the online banking platform. So not unless you are 18 years or older, you cannot access the platform and neither can you use its services.
5 common reasons why my eKonto is declining
Various online gamers tend to come to a roadblock due to declination of their eKonto accounts. Some of the main reasons why that happens include:
Wrong address
You require a permanent address for you to open an account with the Raiffeisen Bank. If you happen to provide an incorrect address, then your account is going to decline any transactions. So make sure you use the right address.
Wrong CVV
The credit verification value is the three digits on your credit or debit card that are used to verify the user of the card. While opening your account with the online banking platform, you are going to need the CVV number. If you use the wrong one, it is going to make your account decline.
Wrong credit card number
Another reason why your online banking platform may decline is due to the use of an incorrect credit card number. The platform requires a correct credit card number for it to verify ownership of the account before you can make any transactions.
No money in the account
You require money in your eKonto account for you to be able to initiate deposit or transfer funds to your online casino. Lack of cash will result to a declined transaction. So make sure your account has money.
Blocked unusual transaction
The online platform is programmed to prevent any unusual transactions. This is in a bid to help secure your account from access by or use by unauthorized personnel. Once that happens, you will have to undergo verification.
What is the difference from other payment methods for new online casinos?
One of the things that make the online payment method distinct is the fact that you need to have an account with Raiffeisen Bank for you to be able to use the platform. Other platforms don’t have such requirements.
Main Pros with eKonto
It is easy to use.
It is fast.
It is secure.
It comes with Visas and MasterCards.
Main cons with eKonto
You have to bank with Raiffeisen Bank to use it.
It covers a small region.
How do I get eKonto?
Getting the banking platform is simple. All you have to do is open an account with Raiffeisen Bank. You can then request for the internet banking solution. You will have to sign up for the online platform and go through standard checks for security purposes for your account to be ready for use. All these services are available on Raiffeisen Bank’s official website.
You should know that eKonto is the leading online banking platform for people in the Czech Republic. It covers significant parts of the region, and people love it because it is fast, secure, and reliable than most online banking solutions available.