In recent years now, new forms of payment have stormed the market. Today there are several dozen payment methods as interesting as each other. Papaya is a payment method that has been launched (relatively) recently, but which is starting to make an important place in the hearts of the players, especially because of the latest innovations brought to its service.
Papaya is a payment method which was launched in 2012 by the company EMA (Electronic Money Institution) whose headquarters are based in Malta. This electronic portfolio allows you to make online purchases and make deposits on a previously created account. Speaking precisely from the inscription, it is made at simple intuitive steps after which you will be led to choose between the Papayae-Wallet, Papayacard and Papayadu formulas. Of course, your choice must be essentially guided by the kind of transactions you want to carry out via this payment solution. The use of papaya has a number of advantages, which are particularly useful for enthusiasts of online bet.
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The advantages and disadvantages of Papaya
As explained, the use of the Papaya payment method is associated with several advantages, but the fact should also be obscured that certain drawbacks are to be deplored.
Papaya's drawbacks:
- Being a relatively recent solution, Papaya is accepted by few online betting establishments, which greatly reduces the possibilities of use.
- In the same spirit, there are several countries in which the Papaya banking method is not accepted, which makes this method almost obsolete for customers who make a lot of payments abroad.
- Not only do all transactions carried out via papaya involve costs, but other costs are also unloaded for portfolio management. Considering the fact that this is not the case with other means of payment, the costs involved here to constitute a sufficient reason to keep certain users away.
- Limits are imposed on the number of transactions that can be made via papaya and especially on the amounts you can send or receive. Luckay, Papaya is not the only banking method that imposes this kind of limits, but that does not prevent being disappointed for this purpose.
If you believe that these conditions of use or other forms of restriction are too large, know that rare are the portfolios that offer better. Most Papaya competitors even impose even more restrictive conditions of use. In addition, it is important to specify that the many advantages that there is to use a papaya card perfectly counterbalance the aforementioned disadvantages. For example, we can list:
- The security guarantee is offered for each transaction. Transactions safety is indeed one of the main characteristics that define Papaya. All operations carried out through this method are secure and users may have the guarantee that no unauthorized person can have access to their personal and/or banking information.
- Anonymity. The use of this payment solution implies that all operations carried out are done in the perfect anonymity. This means that if you use your papaya card for example to make purchases from an online merchant, you will not be required to deliver your bank details before being able to make your payment. This possibility is very important especially if we consider the fact that in USA, banking secrecy does not exist. This reinforces the already high level of security associated with the use of this banking method.
- The possibility of making deposits as well as withdrawals. This is a characteristic that truly sets Papaya of the mass of payment solutions. We are generally used to methods which are used almost exclusively to make payments and/or deposits on Online casinos, nothing more. It is therefore an excellent thing to come across a solution that makes it possible so much to withdraw, even if certain more or less reasonable limits are imposed.
- Papaya is a fully legal service authorized by competent organizations. This implies that promoters of this payment method bend in the rules in force on the various markets on which they operate. This protects users from possible inconveniences. It has already happened that payment services are suspended in USA for problems with compliance with the standards in force on the market, creating major problems with the return of customer funds. You can therefore have the guarantee that you are safe from such inconvenience with papaya.
- The availability of an assistance service in American. This is an important advantage for American users. Most payment services offer assistance in English, which poses a real problem on the practical level for users from USA. This is a very good news for the latter to take advantage of a payment solution that gives them the opportunity to take advantage of assistance in their mother tongue and thus be able to express their concerns more clearly.
Play online with papaya
It is true that the number of online casinos that accept this means of payment is currently reduced, but it gradually increases over time. In addition, some renowned establishments such as casino Wild Sultan already offer Papaya among their payment solutions, and even offers a Bonus for this alternative payment method This constitutes excellent news for the players of this casino who wish to fuel their account via an innovative and unique method of its kind. To celebrate the arrival of this new method of deposit on the site, 20% on deposit via papaya throughout the month of August are offered!
In conclusion, it would certainly be exaggerated to assert that Papaya offers a perfect and revolutionary service, but this method is very practical and advantageous on many points and is worth testing!
