American Express is arguably one of the oldest payment methods used to date, being in operation for over 150 years. American Express is fondly referred to as Amex, and is considered to be one of the most trusted brands being associated with prestige finance. This payment method is the most popular in the US and Australia for its quick online transactions. They are well known for their safety, convenience, and reliability. Both individuals and companies can make use of American Express services. Processing millions of transactions on a daily basis, they boast being one of the largest card issuers in the world.
American Express at Online Casinos
Due to America’s strict federal laws with regards to gambling online using Amex is tricky. This creates barriers for processing American Express transactions. This in turn, caused most online casinos to reject the use of their cards. The issue with these strict laws is that they forbid financial institutions from processing funds that are gambling-related.
Deposits and Withdrawals with American Express at Online Casinos
Both deposits and withdrawals can be processed with the use of your Amex cards. Making a deposit is easy. However, the withdrawal process is a difficult one. Do not worry though, as this process is only a difficult one when making a withdrawal for the first time. To make your first withdrawal, you will need to provide the casino with documentation to prove that the account is in fact yours. This is done as a safety measure, thereafter, all withdrawals should be simple and easy.
How Does American Express Work at Online Casinos?
American Express cards work very similarly to MasterCard and Visa. Among other things, Amex cards can be used to make online purchases, as well as settle accounts. Before making a deposit, you must provide the online casino with your card details. In most instances, you will need to have your card available when making a transaction. The reason for this is because the casino will require a security code when a transaction is being made. Yet another security feature that is used to prevent identity theft. Amex also uses 128-bit Secure Sockets Layer (SSL) encryption to keep your details safe. All of these features ensure peace of mind for Aussie gamblers.
The Benefits of Using American Express at Online Casinos
- When using the Centurion and Platinum Amex cards, you can make larger deposits into your online casino account. Online casinos will lift limits for these card holders.
- Amex customer care is available 24/7, to any region in the world.
- Amex offers a loyalty scheme to their players offering rewards with every purchase made.
All in all, it is safe to say that American Express is one of the best payment methods for players to be using. The difficulty of certain processes is definitely worth it when receiving the safety and security that this payment method has to offer.