Using QIWI at Online Casinos

** Currently NOT available to Canada casinos

Being able to make fast and secure payments and withdrawals is essential for gamblers worldwide, and e-Wallets methods are absolute leaders in the field. E-Wallets are digital purses linked to players’ personal accounts, allowing them to make online payments for not only gaming services but all other kinds of retail services and goods.

One of the leading e-Wallets accepted in most online casinos is e-Wallet QIWI. This Russian payment method was primarily designed to facilitate the needs of Russians but has quickly risen to prominence worldwide, with currently servicing more than 20.3 million users worldwide.

QIWI e-Wallet is based on Visa Prepaid Account which helps it offer universal VISA products known for its acceptance, reliability, and security to all users, which is particularly important when you want to make a deposit and withdrawal in one of the hundreds of casinos that support QIWI as a payment method.

Read on to find out more about QIWI, its characteristics, and how to take advantage of all the services they offer.

About QIWI

QIWI e-Wallet was established in Russia, on April 22, 2008, with the aim of providing payment options for both sending and receiving money without having to disclose sensitive bank information to retailers or any third parties.

QIWI users don’t use QIWI only for depositing and withdrawing in online casinos; they also use it for paying utilities, mobile phone bills, Internet and online purchases, bank loans, and many other services from the network of 13,000 merchants that accept QIWI.

Visa Prepaid System supports the entire system, and QIWI was the first e-Wallet platform to issue Visa virtual and plastic cards. The network integrates personal bank accounts, mobile phone accounts, and even social network currencies for both cash and electronic payments.

Opening the QIWI account is done in a matter of seconds, and you only need to insert your phone number and wait for the SMS validation PIN code you need to enter to access your account.

To verify that the operator you want to transfer funds to offers QIWI, simply check for the QIWI logo, which is a form of a cartoon bird from New Zealand and, by clicking on it, you will see a guide to how to make your payment.

Today, QIWI payment service is offered in 8 countries: Russia, Kazakhstan, Moldova, Romania, Belarus, United States, Brazil, Jordan. The available currencies are USD, EUR and RUB; however, you can use other currencies under foreign exchange currency rates.

All QIWI services can be accessed via their official website and mobile app available on Google Play Store for Android users, and the App Store for iOS customers.

How to Fund Your QIWI Account

There are various ways to load your QIWI account. First, you need to choose between cash and cashless means of replenishing the account. The cashless methods include loading the account via credit cards, by phone balance, via online banking, through an online loan, and bank transfer. If you are using QIWI through their website, you will find all options listed under the tab “Replenishment of the purse,” while the same methods are located under “Add funds” in your mobile app.

Depending on the chosen method, transactions are subject to individual fees. For example, if you opt for funding your QIWI e-Wallet via credit cards, there wouldn’t be a commission for payments from 2 000 ₽ and more.

Loading the account through your phone balance will entail a commission from 7.5 to 12%, while the commissions for bank transfers and online banking depend on your bank.

The replenishment of your QIWI account in cash can be done in one of the almost 200 thousand QIWI Terminals around Russia. Also, there are other terminals from partner companies you could use, as well as mobile phone stores, bank ATMs, and Contact points. Each of these methods comes with zero commission for their services, except for QIWI terminals, which require funding of 501 ₽ and more to be free of charge.

The funds in both cases are credited almost instantly; however, due to some technical requirements, it can sometimes take up to 3 business days for transactions to complete, especially if the funding is done via QIWI partner company or a third-party bank.

How to Withdraw Funds from a QIWI Account

In case you need to withdraw funds from your QIWI account, you can do so by logging into your account and choosing whether you want to send money to a designated receiver via another bank, a money transfer system, or an account of an organization or individual entrepreneur.

Bank transfer can take up to several working days to complete, depending on the receiving bank, while sending money to another e-Wallet is the fastest possible way and can be completed within 24 hours. If you wish to send money to an organization or entrepreneur, you can expect the funds to arrive within three working days.

The withdrawal fees depend on the chosen method, ranging from 0% to 2% of the value of the transaction.

How to Deposit in Online Casinos Using QIWI

Funding your online casino account by using the QIWI payment method is exceedingly smooth and is completed in a few simple steps. First, you need to check if the preferred Canadian online casino where you want to deposit money accepts QIWI as the payment method.

Secondly, you need to register a real money account in that casino and select QIWI as your method of choice. After that, log into your account, click on the “Cashier” section and select “Make a Deposit” to initiate the process. Next up is choosing QIWI and the amount of money you want to deposit.

In case you don’t have a registered QIWI account and you wish to deposit money through it, you will be redirected to QIWI official page where you will enter your phone number, as described in the sections above, and receive a PIN code which you will use to access your QIWI account. Follow on-screen instructions and fund your QIWI account before transferring the money to your online casino profile.

The funds are expected to reach your online casino almost instantly, but in case some further validation processes are needed, it can take up a couple of days.

How to Make Withdrawals in Online Casinos Using QIWI

If you were fortunate enough to win money in an online casino, you would want to see that money on your account ASAP. You can transfer the winnings to your QIWI account equally as simple as when depositing the funds.

Go to the “Cashier” section under your casino account and choose “Make a Withdrawal”. After that, you need to choose QIWI as the withdrawal method and select the amount you want to withdraw. Note that some casinos require you to type in your password again to verify the transaction.

The withdrawals take a bit longer than deposits but are expected to be completed within 1 to 5 business days. Also, make sure you read the casino’s terms and conditions regarding withdrawals, as they usually have specific rules.

The Advantages and Disadvantages of QIWI

There are several positive features of QIWI e-Wallet that makes it so popular among online casino players:

  • There are various ways of funding your QIWI account, among which the most frequently used ones are done via VISA credit/debit cards, phone balance, internet banking, bank transfers, QIWI terminals, and many others
  • QIWI payment transactions are fast and entirely secure. You won’t need to divulge any bank or sensitive info to recipients of your funds or any third party involved in the transaction
  • Opening a QIWI account is done with a simple click and through your phone number
  • It is available around the globe, not just in Russia and Eastern countries. Although most Russian players prefer it for its anonymity when performing casino transactions, players from other countries can also count on the anonymous, fast, and secure service.

However, there might be some disadvantages to using QIWI for your online gaming activities:

  • There are fees for almost all types of methods
  • The platform comes from Russia, making it inaccessible to some players
  • There are Canadian online casinos that don’t accept QIWI as the official payment method
  • The website is available only in Russian.

FAQ

Unfortunately, players from Canada can’t set up a QIWI account just yet, but since players from the US can, their Canadian neighbors might be able to do that soon.

Some types of transactions include fees, depending on how you choose to transfer funds.

QIWI is a fast and safe payment method that services more than 20 million clients worldwide whose transactions are secured with top security measures and firewalls. Naturally, you should never disclose your password to anyone else.

QIWI payment company is entitled to ask for a personal ID or passport number to verify your identity. Your sensitive data will never be disclosed to any third-party entity.

Yes. QIWI can be used for both deposits and withdrawals in online casinos that accept it as a payment method

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Author:

Chief editor and creator, Tom drives the direction of CanadianCasinos.ca with the goal to provide the best and most honest resource for online gambling enthusiasts in Canada