Clearpay casino

The Fintech industry is enjoying some of its best years, and the multitude of new payment methods launched is the only proof anyone needs. In addition, technological advancements allow companies to deliver fantastic payment services to cater to customers’ needs all around the globe. 

Clearpay, the payment method we’re reviewing today, was established in 2019, so it can be considered as a new player. However, don’t let the recent launch date confuse you. You’re looking at a buy-now-pay-later payment method that allows customers to make a deposit and then schedule the amount in four interest-free installments. It’s a feature that can’t be found at most online casino payment options, and it gives Clearpay a considerable advantage. 

Since we’re talking about a relatively new payment method, there aren’t any Clearpay casinos in the UK yet. However, it’s just a matter of time until this deposit option becomes popular in the iGaming industry as well. Afterpay, the parent company for Clearpay in Australia, recently secured a deal with EB Games, an important gaming brand in the region. Therefore, it’s worth taking a few minutes to get familiarized with how it works and what its advantages are. Check out the info below to be ready to enjoy all the best Clearpay casinos when they launch. In the meantime, if you want to enjoy your favorite online casino games, popular deposit methods like PayPal, Klarna, or Boku are just a click away.

How to Deposit with Clearpay?

Since there’s no Clearpay casino in the UK just yet, we’ll explore depositing with this payment method in general. However, since we’re talking about a modern deposit method, the process for depositing at an online casino will be equally straightforward for sure.

1. Browse the online store for the products you want to buy
2. Once you’ve added everything to the shopping cart, select Clearpay as your payment method
3. You’ll be redirected to the Clearpay website, where you can instantly create an account ( you just need a valid email address and a UK, AU, NZ, US, or CA phone number)
4. Complete your purchase through Clearpay
5. The total amount is automatically split into four installments over six weeks. The first installment is paid on the spot, while the others are due every two weeks.

Where can I Use Clearpay to Play on Online Casinos?

This payment method addresses UK users only. For the moment finding an online casino that takes Clearpay is almost impossible as the deposit option is still making its way towards the iGaming industry. However,  just like it happened with all other newly-launched financial solutions, once the first online casino that accepts Clearpay is announced, the vast majority will follow.

Is Clearpay Secure?

Security is a vital aspect of any online payment method out there. Clearpay makes no exception, and they’ve made sure the latest safety systems protect both the user accounts and the transaction process. Through encrypting the information using the latest SSL protocols and using 2-factor authentication for the attached mobile app, Clearpay guarantees top security. Furthermore, they’re basically paying the amount upfront for you, so that’s one more reason to trust them.

How to Withdraw with Clearpay?

Even when it will make its way to the online casino environment, Clearpay won’t probably be available as a withdrawal option. This is because the way it works makes it impossible for online casinos to send your winnings back through the same channel. So, while Clearpay withdrawals won’t be a thing, you can still rely on PayPal, Skrill, or any of the other popular cashout options. 

Can I Claim Promotions and Welcome Bonuses with Clearpay?

Since this payment method hasn’t penetrated the iGaming industry just yet, it’s still early to talk about the possibility of claiming welcome bonuses and promotions with it. However, looking at the grounds on which some operators deny these bonuses, we can draw some conclusions. First of all, it’s mostly ewallets that are hit by bonus restrictions because of how easy it is to set up an account without proper customer verification. However, since through Clearpay every customer is not only verified but also goes through a quick credit assessment, there’s no reason for casinos not to issue bonuses. 

Are there Fees for Using Clearpay?

For the online purchases that can be made with Clearpay right now, there are no fees. As long as the installments are paid on time, you’re looking at 0 commission. So there’s no real reason to believe that the company will add any extra taxes for online casino transactions. Sure, operators may impose a fee on their behalf. But in that case, you should simply check our website for trustworthy casinos that don’t resort to such practices.