Boleto Bancário, the most popular cash payment system in Brazil, allows locals to make online transactions to thousands of merchants that have partnered up with the system. And that includes the numerous Boleto Bancário casinos. It now operates on a new and improved platform called Juno, that has become its official name. The cash payment method allows for anonymity as you don’t disclose any personal data to the vendor or service provider. Also, since you’re paying in cash, you don’t need to give any credit card information to use it. You don’t even need a bank account to make Boleto Bancário payments. Here’s the list of the best brands where you can use this payment to fund your accounts.
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Should I play with Boleto on casinos or not?
Playing in your favorite Brazilian online casinos is greatly facilitated by account deposits completed via Boleto Bancário, which offers some significant advantages compared to the competition. And we’re not talking only about the fact that it’s a perfect solution for those players who don’t have bank accounts, which means there’s no need for registration. Let’s take a look at them one by one and also dig a bit deeper into the drawbacks of the payment to make a more informed decision.
- Players can take the Boleto ticket to any of the 40+ thousand shops, lottery kiosks, and banks and make their deposits in cash right there.
- Boleto Bancário is registered and licensed by FEBRABAN (Brazilian Federation of Banks), which means more than 100 Brazilian banks support it and vouch for its safety and security.
- Unless Boleto Bancário casino operators limit the deposits, the system itself entails none, so players can make deposits as big as the casino allows.
- Players can choose from multiple payment options to refund their generated Boleto. They can pay for it using online banking, going to a licensed Boleto processing shop or their local bank.
However, not all is fine and sweet with Boleto Bancário payment methods. Unfortunately, withdrawals aren’t available using it. To cash out your winnings, you must resort to other casino payment methods, which might nullify all the positive sides of the system. Also, there are considerable fees that apply to all deposits with Boleto Bancário. Depending on the chosen method, you will have to pay up to R$4.90 or even 2.99% of the entire sum.
Moreover, unlike its competitors, Boleto Bancário doesn’t offer instant payments. It will take from 1 to 3 business days for your payments to be processed and the funds deposited to your playing account. Also, as of 2018, all transactions must be registered via your local CPF (Cadastro de Pessoas Físicas or Natural Persons Register) number, which means only tax-paying residents of Brazil can use it. On top of it all, you need to be extra careful when depositing with Boleto Bancário as once the payment has been made there is no revoking it.
How can I deposit with it?
When it comes to making a Boleto deposit, it’s a process you can conclude in a few simple steps. These are:
- Set up an account in one of the Boleto Bancário casinos.
- Go to the Cashier section of the casino and choose Boleto Bancário as a deposit method.
- You will be redirected to the official server.
- Fill in the required information related to the payment and provide a valid tax number.
At this point, you will see a generated online payment slip. The slip contains valuable information related to the payment, such as how much you want to deposit in those Boleto casinos, date of issue, expiration date, etc. It’s then up to you to choose between two ways of concluding the payment. You can either print the coupon and take it to any partner shop or local bank to pay in cash or pay using your online bank account. The confirmation of payment is sent in real-time to GlobalCollect, a financial institution that owns the Boleto service, and subsequently to those casinos that fund your account.
Boleto casino fees: What are the extra costs?
Boleto fees are probably the biggest downside when using the system on top online casinos. These fees vary and depend on how you wish to make a payment. Printing a voucher and taking it to your local bank will cost you an additional R$3,90 per transaction. In case you wish to pay with your credit card, you will face a 3.49% + R $0.40 fee. In case you wish to receive a receipt for paying with credit cards faster than the usual 14 days, you will have to cough up a 4.99% + R$0.40 fee per transaction. Lastly, any bank transfer payment entails a R$4,90 fee.Lowest Fees Boleto Casinos
Payment reliability — Can I trust the payment for casino transactions?
Boleto Bancário is a licensed and regulated cash payment system by the Brazilian Federation of Banks, which means it has gone through a strict licensing procedure and includes top-notch safety measures. Also, all transactions are verified by your CPF, which links the transaction to the person performing it. Furthermore, all Boletos come with a unique barcode and ID number, meaning that no two identical boletos can be issued.
My favorite site doesn’t offer Boleto. What’s the alternative?
In case your Boleto fails you and your preferred casino does not offer it, there are some alternatives you can opt for, like Astropay or PayPal.
It’s a virtual prepaid card you can buy from their official site or authorized resellers. Just like Boleto Bancário, it is available in Google’s Play Store for Android-powered devices, as well as the Apple Store for iOS devices. It is a highly secure and confidential way of depositing as you only insert the card’s unique number and security code, so you don’t have to disclose your bank account data to the casino. It’s a faster method than Boleto since, more often than not, your prepaid card will be at your disposal within 24 hours. In Brazil, you can use the local currency for deposits, but the card’s denominations limit the deposits. The value of the cards is R$40, R$100, R$200, R$400, R$400, R$2,000, R$4,000, so there are no unlimited deposits like in the case of Boleto.
On the other hand, if Astropay isn’t available as well, PayPal is always a safe bet. Paypal is one of the most famous e-wallets that’s used by multiple online casinos, in both Brazil and the world. When it comes to the PayPal – Boleto Bancário comparison, they are neck and neck in that race. PayPal deposits are almost instant, but only after you have verified your account, which removes the anonymity available with Boleto. Also, the standard 4.79% + R$0.60 fee per transaction applies to all PayPal payments. However, you can use PayPal for withdrawals, which isn’t the case with Boleto Bancário or Astropay.
1. What is Juno? Is it different from Boleto Bancário?
Juno is a platform that Boleto Bancário operates on now and has become Boleto Bancário’s new name.
2. Is it obligatory to have a CPF number to use the payment?
Yes, it is. Only Brazilians with their CPF numbers can use Boleto Bancário.
3. How much can I deposit online via Boleto?
There are no deposit limits imposed by the payment method itself. Only the online casino you are playing in can limit your deposits.
4. Am I entitled to bonuses if I use this payment method?
Yes, you are. Using Boleto Bancário entitles you to all types of welcome bonuses and other casino promotions. That kind of limitations are usually related to Skrill and Neteller.
5. Can I withdraw my money with Boleto Bancário?
Unfortunately, the withdrawal of winnings from Boleto Bancário casinos isn’t possible.
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