Launched in 2013 by a German-based company, CashtoCode is a payment method specifically designed for online casino players. A safe and secure system that adheres to EU laws, CashtoCode has enjoyed a rapid rise to prominence and is increasingly available at many of Europe’s leading online casinos. Currently, CashtoCode claims its vouchers are available to buy at over 400,000 retail locations around the world, including across Europe, South America, the UK, and Asia.
How Does CashtoCode Work?
When you want to make a deposit at an online casino, you simply choose CashtoCode as your payment method. Then, all you need to do is buy a voucher worth the value of your deposit, enter the 20-digit voucher code, and your casino account is funded instantly.
Security
You cannot get more secure than a payment option that does not require you to share any banking or personal information. The only thing you have to worry about is losing the voucher (if you purchase a physical one).
Availability and Currencies
Initially, CashtoCode was only available in a select number of countries, including the UK, Ireland, Germany, Austria, and Italy. However, the payment solution has enjoyed a mass expansion in recent years and is now available in Australia, Canada, New Zealand, and even across Asia and LatAm markets. That also means that many currencies are now supported, including EUR, USD, CAD, and AUD.
Making a Deposit Using CashtoCode
Although not as convenient as simply loading your account via a bank card or eWallet, using CashtoCode is simple and straightforward. To load up your account, you must first select CashtoCode as your preferred payment method. Once you’ve decided how much to deposit, you now have two options. You can enter the voucher code found on a voucher you have already purchased online or at a local retail outlet. The other option is to follow the on-screen options that result in your CashtoCode app generating a barcode. You just take your phone with that barcode on the screen to a partnering CashtoCode outlet, pay for your deposit, and the outlet will scan the code. Whichever you choose, your funds will hit your casino account instantly.
Withdrawals Using CashtoCode
You probably realized this when you noticed CashtoCode is a voucher system, but it’s not possible to withdraw using this payment method. This is the one major downside and means you will have to find another suitable payment option for when you want to make a withdrawal from your online casino account. There would be no easy way around this for CashtoCode unless they were to create an eWallet app. However, this would require users to divulge personal information, which goes against one of its key selling points.
Fees and Limits
Aside from the convenience, privacy and security benefits of using CashtoCode, this is another area you can list as a benefit of this payment option. There are no fees at all, as these are paid by online casinos. As for limits, the maximum you can purchase in a single transaction is €400.
Pros and Cons of Using CashtoCode
Every payment method has its pros and cons, but it's unlikely that any are as obvious as those with CashtoCode. The advantages are very clear as you do not have to part ways with any personal or financial information, while not being able to use this for withdrawals is easily the main gripe. CashtoCode is not as convenient as many other options too, but on the flip side, there are no transaction fees to worry about. All in all, this is an ideal way for people to fund their casino accounts if they do not want to share important personal and/or financial information.
Pros
- No banking information required
- Instant transactions
- Accepts multiple currencies
- Available in a good variety of regions
- No transaction fees
- Increasingly available as a payment option at online casinos
Cons
- You cannot withdraw using CashtoCode
- Not as widely available as Skrill, Neteller, or any other payment options
- Still could do with more currencies and availability in more regions
- Not always convenient, as may have to find a partnering retailer
