Privat24 is an online banking system created by PrivatBank, the largest bank in Ukraine. Privat24 is mainly active on the markets of the former Soviet Union, such as Ukraine and Russia. This service might not be primarily designed for casino payments, however, some of its features are more than gaming-friendly. Namely, Privat24’s deposits are instant, incur low fees, and the payment is compatible with other locally-used methods. Take a look at the best Privat24 casinos on the list below and see where you can have superb gaming experience.
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Privat24: A Suitable Choice for Casino Transactions or Not?
Privat24, although not mainly thought of as a casino payment method, has proven to be quite effective and convenient. Some of the biggest advantages that come with using Privat24 for casino payments are:
- All Privat24 transactions are entirely secure and protected by 128-bit SSL encryption
- Privat 24 deposits are almost instantaneous
- You can use Privat24 to claim any welcome bonus package
- Privat 24 fees do not exceed 1% of the transaction value
- Apart from Ukrainian hryvnia, players can make deposits in Euros, British pounds, Russian rubles, and American dollars.
- The Customer Support team at Privat24 is available 24/7 via phone, email, and live chat service
- You can use Privat24 to transfer money to other payment services and institutions, such as Webmoney, Qiwi, Perfect Money and other payment methods.
- Privat24 has native mobile apps for both Android and iOS devices available on Google Play and Apple Store.
However, not everything is smooth with Privat24. There are some minor downsides to using Privat. For example, no matter how low the fees are, they are still there. You will lose a small fraction of your deposits because of the fees. Also, you need to be a member of the PrivatBank in order to use Privat24 in the first place. Finally, Ukrainians, in particular, may face some difficulties making successful casino deposits due to the fact that online gambling still remains illegal in Ukraine. So the banks might take action by blocking your transaction or reviewing your account, especially when you have moved large sums without proper justification.
In Which Countries is Privat24 More Popular For Casino Payments?
Coming from a Ukrainian payment institution, Privat24 commands the biggest share of Ukraine’s market. However, their reach also extends to the rest of the former Soviet Union and countries like Russia.
Privat24 is an online banking method created by PrivatBank, a financial institution that controls more than 50% of the entire Ukrainian banking market. With that in mind, it isn’t that difficult to conclude that casinos that target Ukrainian players will pursuit to partner with Privat24. Such a casino is the well-known Betwinner. In Betwinner, players from Ukraine can browse the site in their local language, play using Ukrainian hryvnia, and make a Privat24 deposit as little as 1 EUR or 30 UAH. Privat24 withdrawals start as low as 1.50 EUR or 45 UAH, which is a perfect fit for low-rollers and those who like to play it safe.
Russia is another perfect playground for casino players who want to use Privat24 as their casino payment method. Privat24 supports Russian rubbles, so there are no currency conversion rates to worry about. Also, you can transfer the funds between Privat24 and important Russian e-wallets like Qiwi, Perfect Money, and Webmoney without any hustle as these methods are perfectly compatible with Privat24. The online casino powerhouse 1xbet is one bright example of how Privat24 functions in casinos. 1xbet is a site in which Russians can browse in their native language, as well as use rubbles for Privat24 deposits and withdrawals that start as low as 50 RUB for deposits and 100 RUB for withdrawals.
Creating & Topping up Your Privat24 Account
To complete the 24Privat login process and start using its services for your online casino playtime, you first need to have an active account in PrivatBank. PrivatBank has many bank offices across Ukraine where you can register an account, or you can sign up directly on the official site. Players can apply for one of the many credit/debit cards that PrivatBank offers, like Visa and Mastercard. These cards can be ready for use in just 15 minutes. You can then top up your cards via self-service terminals, over the counter at local PrivatBank branch offices, by calling the toll-free number ‘3700′ (within Ukraine), and via the website. Topping up your account at Privat24 is absolutely free. The funds deposited will be instantly available in your Privat24 account.
How to Deposit & Withdraw on Privat24 Casinos
Completing Privat24 deposit and withdrawal processes is pretty straightforward and functions much in the same way as any other credit/debit card payment. For Privat24 deposits, let’s take 1xbet casino as an example. In order to deposit you need to go to the Cashier section of 1xbet first after you log in and choose Privat24 from the list of available deposit methods. Then, you will be asked to select the amount you wish to deposit and click on the Pay button. The payment processor will require you to provide the details from your Privat24 card, such as the card number, expiration date, and the CVV code found at the back of the card. The minimum deposit amount is set at 30 UAH or 1 EUR. Once you confirm the payment, 1xbet will send you an SMS with a confirmation code and you will be good to go.
Privat24 withdrawal process functions much in the same way as deposits. Let’s see it through the example of the withdrawal process in Betwinner casino. From the Cashier section, choose Privat24 as the withdrawal method and the sum you want to withdraw. The minimum withdrawal limit is capped at 1.5 EUR or 45 UAH. You also need to input the details from the card as you did with deposits. After the transaction has been validated, you can expect to receive your winnings within 15 minutes, which makes Privat24 one of the fastest withdrawal methods available.
Are There any Fees I Should Look Out For?
One of the few negative traits of Privat24 is the fact that fees apply to both deposits and withdrawals. All transactions involving Privat24 incur fees that typically charge from 0.50 UAH, depending on the amount you deposit/withdraw. The maximum fee that applies is just 1%, which makes it more affordable especially after compared to most e-wallets in the market. Also, it is worth noting that it isn’t the casinos that apply these fees but PrivatBank itself.No information availableLowest Fee Privat24 Casinos
Privat24 Alternatives: Other Casino Payments in Eastern Europe
Apart from Privat24, players can use Qiwi, Perfect Money, WebMoney, and other vastly popular methods throughout Eastern Europe. WebMoney, for example, is an e-wallet with many of the same functions and characteristics as Privat24. WebMoney has a 0.8% transaction fee that applies to all transactions and not more than 250 UAH. WebMoney has larger limits than most other e-wallets, and so the higher the verification level, the higher the limit gets.
Qiwi is another possible choice for most players in Eastern Europe. It is an e-wallet available in USD, EUR and RUB. Depending on how you top up your Qiwi account, the fees can go from 0% to 12%. Most deposits are instant, but if the funding is done via Qiwi partner or a third-party bank, it can take up to 3 days for the deposits to complete. Also, Qiwi payment method withdrawals incur a fee ranging from 0% to 2% of the value of the transaction.
Perfect Money is another successful e-wallet that allows you to make casino deposits in USD, EUR, and even BTC (Bitcoin). It is a payment method that allows you to open an e-wallet account and top it up via bank wire, e-vouchers, cryptocurrencies, and exchange services. Probably the biggest asset of Perfect Money is that there are no max limits imposed to how much you can deposit and withdraw. The service fee for Perfect Money is 0.5% of the transaction for verified accounts and 1.5% for unverified ones.
Privat24 to Webmoney
Although it is not possible to create a Webmoney account in Ukrainian hryvnia, you can still transfer funds from Privat24 to Webmoney in other currencies and use the exchange online services and authorized exchange websites. The obligatory commission is set at 0.8% and no more than 50 USD/EUR.
Privat24 to Qiwi
A similar situation applies to the Privat24 Qiwi transactions. Qiwi payment methods support USD, EUR and RUB and you can use Privat24 to top up Qiwi accounts through official exchange sites where the usual limit is set between a min of 2,000 UAH and max of 25,000 UAH per transaction.
Privat24 to Perfect Money
Replenishing your Perfect Money account through Privat24 is also possible thanks to the Perfect Money Privat 24 certified exchange service providers like 7money or 365cash. It is an automated exchange that incurs a fee and has special limits set by the individual exchange service providers.
Mobile Casino Friendly Payment — Privat 24 App for Android & iOS
PrivatBank has developed dedicated mobile apps for both Android and iOS users who wish to get the best of Privat24 mobile banking experience. The apps are available in Google Play Store for Android devices and Apple Store for iOS users. The Privat24 app scores highly on the user experience scale as it is responsive and easy to use. You can use the apps for easy deposits in online casinos, paying utility bills, sending money transfers, and even paying bills via a QR-code or NFC function. All services and features from the desktop version are available, and given the fact that it is a native app developed by PrivatBank, you can rest assured knowing all data is protected by SSL encryption at all times and no third party intrusion is allowed.
Is Privat24 an exclusively Ukrainian payment?
Although an exclusively Ukranian payment, non-Ukranian residents can also set up an account in PrivatBank and use Privat24 as a result.
Do I have to be a client of Privatbank in order to use the payment?
Yes. Only PrivatBank clients can use Privat24 online banking method.
What personal data do I have to provide to use Privat24?
To use Privat24, you need to provide personal information such as a phone number, name, DOB, address, passport number and ID, much like with opening any bank account.
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