So what is Inovapay and why is it useful, you might ask? Inovapay is an Australian-based ewallet solution used for secure online payments and transfers. It allows you to make website purchases worldwide using local payment methods in your own currency. There is also the option to obtain a debit card linked to your Inovapay account. This card gives you the added flexibility of using your account to pay for purchases at physical locations as well as withdraw funds from cash machines.
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How quick is it to deposit?
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- 1 How quick is it to deposit?
- 2 Is Inovapay secure?
- 3 Can Inovapay be anonymously used on new casinos?
- 4 Is there an age limit?
- 5 Are there any reason that my Inovapay got declined?
- 6 What is the difference from other ewallets?
- 7 Do they usually have any fees for deposits or withdrawals?
- 8 Main pros with Inovapay?
- 9 Main cons with Inovapay?
- 10 How do I get Inovapay?
Deposits to your Inovapay account can be made using direct banking. You can then to use funds from your ewallet with your player account. An Inovapay ID and Secure ID are required to make a deposit. Funds are credited automatically to your casino player account if you have enough funds in your ewallet.
Is Inovapay secure?
Each transaction using your account must be authorised, providing added security when making payments or transferring funds. Personal information and transactions are protected and secure. Accounts are covered by Australian privacy and marketing laws, including the Australian Privacy Principles in the Privacy Act 1988. Inovapay is also regulated by the Australian Securities and Investments Commission through its association with Flexewallet.
Can Inovapay be anonymously used on new casinos?
Personal details are required to use this ewallet solution and it cannot be used anonymously.
Is there an age limit?
Users must be at least 18 years of age to open and use an account.
Are there any reason that my Inovapay got declined?
Transactions may be blocked if fraudulent activity is suspected on your account or if Inovapay believes you did not authorise the transaction to your player account. Transactions may also be denied if your instructions are not complete or are unclear, for example when completing online forms to make a payment or transfer. Transactions can also be declined if you have provided the wrong information about your bank details or if you have insufficient funds in your account.
What is the difference from other ewallets?
The main difference with this wallet solution requires you to request an invitation before creating an account.
Do they usually have any fees for deposits or withdrawals?
Administration and currency conversion fees are charged. A monthly inactivity fee is charged is also applied if you have not made transactions for 12 months. A second inactivity fee is charged after an additional 12 months have passed without making a transaction on your account. After 36 months have passed since your last transaction, a third fee is applied and your account will be closed. Inactivity fees are not charged if you do not have funds in your ewallet.
Main pros with Inovapay?
Inovapay offers secure and instant transactions in your own currency. This gives you additional convenience and more security. This ewallet can be used on many websites around the world. It also has the added benefit of being able to use a card to access your funds using cash machines or make in-person purchases.
Main cons with Inovapay?
This ewallet solution is not as widely accepted compared to similar services. Support and website information arealso available only in English and Portuguese. The invitation-only nature of this solution is an additional hurdle that users must pass when signing up. There are also limits on the funds you can have in your account. You can load up to $5,000 each calendar years on to your ewallet account. To deposit funds in excess of this amount you need to upgrade your account and obtain ‘unlimited’ status by submitting your passport and a second government or regulated company document (for example, a government-issued document or a utility bill).
How do I get Inovapay?
You can sign up for free by registering online and requesting an invitation to join. To register, you need to provide your name, date of birth, and telephone number. Where applicable, you need to share your taxpayer registry identification number (for example, if you are a user from Brazil).