EPS Payment and Withdrawal

It’s not only online gambling which has grown in popularity over the last 10 years, it’s internet shopping in general.  It’s now possible to buy almost any item imaginable on the internet but to do so, requires secure payment methods.  EPS Online-Überweisung or simply ‘EPS’ for short, is an Austrian internet banking system, which facilitates payments for online purchases and the depositing of money in to online gambling accounts.

The Facts

Website:  http://www.stuzza.at/en/

EPS Online-Überweisung is a secure online payment method for Austrian banks.  It is linked with over 20 Austrian banks and therefore, anyone with an account at one of these banks can use EPS.  Essentially, EPS provides a safe gateway between the gambling website and your online bank account.

The EPS service is only available to those people living in Austria and first, you will need an account with one of the banks in the country.  Since July 2014, EPS has been supported by the majority of banks in Austria, so chances are, you will be able to use the service when making gambling deposits in the country.

As EPS acts as payment processor, no financial information is shared with third parties, such as a bookmaker or casino.  Your banking details are never disclosed to anyone when using EPS and this makes it a very safe way to deposit money in to your online gambling accounts.

Using EPS to Bet Online

Having logged in to the online gambling account of your choice, locate the deposit section and search for the EPS icon or link.  Once clicked, you will be presented with a choice of banks, make sure you only select the bank which your account is connected to, otherwise, your deposit will fail.  You will then be directed to your own online banking account and asked to enter the details you would normally use, when making payments or transfers online.  This can differ depending on which bank you are with.

In general, you will need your account number, PIN, card reader and TAN to confirm your identity and following that, you can enter the amount you would like to deposit.  Having confirmed the transfer, you will be directed back to your online gambling account and the funds will be in your account, ready to use immediately.

EPS will not charge any fee for using their service, so the deposit will be made free of charge.  Not many of the major online gambling websites charge fees for depositing money, by any method but do double check first, especially if you are using a lesser known gambling company.

Although you are required to have an account with a bank in Austria, you do not need to sign up or register in order to use the EPS service.  However, at the time of writing, it’s not possible to withdraw money from online gambling accounts using EPS.  Therefore, you will need to make sure there are other methods available to you, in order to remove any winnings you wish to withdraw.

EPS Advantages

• You do not have to sign up or register an account with EPS to be able to use the service.
• Deposits are made free of charge.
• Your bank details are never shared with third parties.
• The process uses your own banking account security, making it very safe and secure to use.
• Deposits appear instantly in online gambling accounts.

EPS Disadvantages

•  EPS can only be used by people with Austrian online banking account.
• Making a deposit with EPS is not straight forward, you need all your online banking details available each time.
• You can not withdraw money from online gambling accounts using EPS.

Summary

• EPS is for people with Austrian online bank accounts only
• Deposits are free and instant
• Your online bank security is used, making it very safe and secure
• You have to use your internet banking account details each time you wish to make a deposit
• You can not withdraw funds using EPS