Author:
Stephen McAllen
Last Updated:
27/06/2022
Experiences:
Huge sports fan!
Experiences:
Huge sports fan!
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Table of Content
- Making a payment with American Express — easy peasy
- Withdrawal and deposits with American Express: average time scales and nifty ways AMEX keeps its customers happy
- American Express verification requirements: just your normal requirements
- The history of American Express: Building strong bonds with customers
- American Express compared to other providers: AMEX has some unique features
- Three essential facts about using American Express
- Conclusion: American Express is worth your while
- American Express betting sites FAQ
Making a payment with American Express — easy peasy
Using an American Express betting site is as simple as using a betting site that accepts other types of credit or debit cards like VISA or MasterCard. A big part of what makes American Express one of the best online betting payment methods lies in what it offers you as a customer. But first, let’s take a look at a step-by-step demonstration of making a deposit or a withdrawal at betting sites that accept American Express.
AMEX Deposits
- Get your American Express card ready, ‘cause it’s time to have some fun!
- Go to the cashier at your American Express betting site.
- After registering your account by providing details that are basically similar to other credit cards like your card number, the security code, and the name on your card.
- After you’ve registered your card on the American Express sports betting or casino platform, you can navigate to deposits from the cashier’s page.
- Here, you can enter the required details like the amount you wish to deposit. Most casinos have a minimum deposit limit of $10 to $20 and don’t ask for any additional fees.
- To finish your AMEX deposit transaction, you’ll receive a text message on your phone with a code you need to provide as confirmation that you did make a payment.
AMEX Withdrawals
One of the best things about American Express betting sites is that the withdrawal process is just as simple as the depositing one. The process is very similar and it ensures that customers can actually enjoy the whole winning experience and the money they win from playing their favorite casino games at their favorite betting platform. Here is your AMEX withdrawal process in a nutshell:
- Go to the cashier section and select “Withdrawals”
- The account information needs to match the information on the card you used to make the deposit previously and are now selecting for withdrawal. This guarantees that your funds are protected and that only you are under full management thereof.
Withdrawal and deposits with American Express: average time scales and nifty ways AMEX keeps its customers happy
Unlike payment methods like bank transfer betting sites, deposits at American Express betting sites are processed instantly when specifically using AMEX, and there is a specific reason for this. The reason is that online betting sites that accept AMEX use a “marker system”, and this system places a marker on a customer’s American Express account to ensure that the money allocated for the deposit cannot be used for other services or purposes.
Thus, the casino can then grant the customer an instant deposit, even if it hasn’t received a complete transfer from the American Express account yet because it is guaranteed to transfer successfully. Ain’t that nifty for both the customer and operator? The customer doesn’t have to wait and the operator is guaranteed the funds.
Casino withdrawals to AMEX are approved in one business day but it can take up to five to seven more days for the funds to appear on the card due to bank processing. Waiting seven days does not happen often, so you can view this time scale as an absolute worst-case scenario and vouch for the three-day time scale.
Betting sites that take American Express have relatively common processing times compared to brands like VISA and MasterCard which are considered to be within the same industry.
American Express verification requirements: just your normal requirements
Whenever an account is opened at an American Express betting, site a verification process will always be required. However, for security purposes, you may need to keep your verification details close for further use.
For example, if an American Express sports betting platform offers AMEX as a withdrawal method, the operator may need a confirmation of identity. Usually, it will be a copy of a utility bill or other personal document to confirm you as the cardholder. As you’ll find out later, AMEX is a bit obsessed with safety and security, but who is going to complain about that?
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The history of American Express: Building strong bonds with customers
American Express started off as a freight forwarding company as long ago as 1850, and that is where its reputation started as a trustworthy company began, as it was responsible for the transportation of some of its customers’ most treasured and valuable possessions. If you think about it, the name “American Express” also fits really well, so one can see how it could have come from the freight business.
AMEX branches out
It was during the end of the 19th century and early 20th century when American Express moved in a new direction and started introducing a new line of travel services and financial products. In the company’s view, these products helped support their customers in other areas of their lives. During the 1950s, AMEX introduced a charge card that offered its customers a completely novel and far more convenient way to make payments. And, from here, the foundation for American Express as we know it today, was set.
The evolution continues
Since the creation of the first charge card, the company, keeping up with technological innovation, developed newer and better payment products, financial services, and packages for their customers. In 2010 the American Express mobile app was launched to provide even more versatility and convenience to AMEX customers.
One of the best incentives American Express has since added is its Membership Rewards product where customers get something back every time they make a payment with AMEX. If you’re still asking what online betting sites accept Mastercard, you may need to reread the part that says “membership rewards.”
Today, American Express is one of the biggest global payment networks and places its focus on customer satisfaction and safety, just as it did in 1850.
American Express compared to other providers: AMEX has some unique features
American Express versus PayPal
PayPal is very convenient as it is almost always offered as a withdrawal option. It is also anonymous when you make transactions between you and the betting platform. However, Paypal cannot be used as widely and easily as American Express, and in the end, you need to transfer funds to your debit/credit card for exactly this reason.
American Express versus MasterCard
Both American Express and MasterCard are giants when it comes to credit cards. While MasterCard can provide some nice uncapped deposits at casinos for eligible players and might be more prevalent in different betting operator’s payment method collections, AMEX has its own charm with making you feel valued as you earn your way to getting free stuff and giving you a special real-time instant deposit drop at your favorite American Express betting site.
American Express versus PlaySafeCard
You don’t need to share your personal information with PlaySafeCard, which is definitely a pro. You can also link your PlaySafeCard with lots of different payment methods like a bank transfer, your debit or credit card, and use it at participating merchants. However, it does not have a rewards system, and Amex can easily resolve any security concerns with its two-factor authentication system.
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Three essential facts about using American Express
Conclusion: American Express is worth your while
American Express is a recommended online payment method because it is user-friendly, it is available almost everywhere, and the company offers well-thought-out security measures for their customers’ transactions.
The best American Express betting sites always offer a great experience as AMEX only goes for operators that prioritize top-quality games, safe deposits, and excellent customer service. And, do we have to mention again that you will automatically be eligible for loyalty points and fantastic rewards when using AMEX? It’s time.
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American Express betting sites FAQ
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