Paynet Online Casinos
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Introduction
Online gambling is an industry that is well-accepted and available across the LatAm markets, with Mexico being at the forefront; across Mexican online casino sites, players get to use one of the most popular payment solutions in the country, Paynet. The solution has already been ranked top on the list of accepted methods across many online casino sites, mainly because of its reputation among Mexican users. It allows online casino players to basically use cash for their deposits, thanks to the bridge the solution offers between them and operators. The solution allows Mexican users to visit one of the partnered stores to make their deposits in cash, without ever having to unveil any card or banking details. We’ll tell you all about it in this article, so make sure you follow our lead to find out all about it. What is Paynet and why select it as your deposit method across Mexican online casinos?
About Paynet
Launched in 2020, Paynet is a local Mexican payment platform offered by OpenPay, based in Mexico City. The company, established in 2014, has around 500 employees which ensures the platform is running as smoothly as possible. The platform was designed to connect Mexican users with eCommerce platforms and allow them to use cash for their online transactions. With it, Mexicans can purchase things and pay easily and quickly across all partnered eCommerce sites. It allows businesses to accept payments from users via its app or website, and as soon as it launched, it opened new horizons for Mexican businesses alike. At the moment of writing, it is the leading payment solution in Mexico and its popularity continues to grow by the minute.
It is one of the biggest networks in Mexico, with over 30,000 partnered stores that users can visit to deposit cash and use the solution to pay online whenever they want. The way it functions is the following: a user selects it as their payment method on the merchant’s site, and after they request a transaction, then they receive a unique code that is sent to the merchant. Then, the user physically visits one of the many partnered stores and completes the transaction in cash. The partnered store then sends the transaction to the merchant, via their registered OpenPay account, and the merchant's balance gets funded in no time. The best thing is, that all banks in Mexico are participating banks in the network, therefore, no matter the bank the merchant has an account with, they will successfully receive the transaction.
So, Paynet’s availability across online casinos based in Mexico should not surprise you. Considering how successful the solution is within the country’s borders across all other industries, it is, indeed, successful across the online gambling industry, too. Given how Mexico took looser legislation actions, many Mexican casinos have been appearing, which are just starting to offer the solution. Therefore, stay with us to learn how to use it in detail, as in the next section, we’ll tell you all about the steps you need to take.
How to Start Using Paynet
We briefly explained the procedure, but it is time for you to learn, step-by-step, all the requirements you need to meet and the moves to make to get started with it. First and foremost, you need to be a Mexican resident, of course, in order to be able to use it. Secondly, you need to find yourself a casino that is based in Mexico and that explicitly says it accepts Paynet. That would mean that the operator has registered an account with OpenPay and is enabled to receive payments. By default, it also means that the operator holds a bank account with any of the existing Mexican banks, so you’ll be able to successfully use the solution to make a deposit.
Assuming you’ve checked these things, and you’ve joined a casino that offers the solution, visit its Banking page. In the Deposits section, from the listed methods, choose Paynet as your defaultdeposit method. Set the amount of cash you’d want to have on your casino balance and wait for the code or payment reference to be generated. Print it out or capture it with your smartphone and take it with you to any of the more than 30,000 partnered stores. Speaking of these stores, some of your options are SYStienda, 7Eleven, Waldo's, Kiosko, and Walmart.
Go to the nearest store and give the code or payment reference to the store’s cashier. Give the cash to pay for the transaction and OpenPay’s system will register it. The money will immediately be sent via the system to your chosen operator’s bank account and you can start using it right away. As you can see, you’re really depositing with cash, and never using any bank account or credit card details to complete your deposit transaction. So, if this solution sounds just like the one you’d want to use, continue reading to see what you need to do when actually making deposits with it.
Depositing and Withdrawing with the Solution
We mentioned that in order to be able to use Paynet, you must join a casino that has registered an account with it, thus explicitly offering it as a deposit method on its accepted methods list. There is a decent number of such casinos, so all you need to do is start your search. As an example, we can mention Betsson and 10Bet Mexico, as these are two sites that certainly accept the solution. Feel free to look for other options on your own, of course.
Next, after you register your player account with your chosen casino, to use Paynet to make a deposit, go through these easy steps:
- Enter your player profile and locate the Banking page, as explained.
- Look for Paynet’s logo on the list of Deposit Methods.
- Select it and in the pop-up that appears, set the amount you wish to deposit.
- Wait for the code to generate and print it or capture it with your smartphone.
- Take it with you to the nearest partnered store and give the cashier the cash to complete your transaction.
- The funds will arrive in your casino balance immediately via OpenPay’s system.
It should be clear to you by now since we never mentioned cashouts with this solution, but we must emphasize the fact that it can only be used for deposits. Withdrawals with it are not an option, since it was designed for merchants to receive payments, not send payments to users.
That’s why when you use it for your deposits, make sure you have an alternative solution to use for withdrawals. Some great local options to consider, that we can suggest, are CoDi or SPEI, which are also solutions offered across most, if not all, Mexican-catering online casinos.
Coverage and Restrictions
Considering all you’ve read about it so far, you’ve probably gathered that Mexico is the only country where you can use Paynet. The solution was designed by a Mexican-based company and works in collaboration with the Mexican banking system and businesses based in the country, so you can only use it if you’re a Mexican online casino player for your deposits.
What’s more, you can only use it across those casinos that explicitly list it as an accepted method, which would mean that the operators have registered an account with it. Unless that’s the case, even if you are a Mexican, you won’t be able to use it.
Fees and Additional Charges
Believe it or not, you won’t need to pay a single peso when using Paynet as your deposit method at an online casino.
The payment platform was designed to not only facilitate but also make users' online banking experience as inexpensive as possible. That's why the company behind it, the banks, and the stores charge users nothing for its service.
Accepted Currencies
Naturally, since it is only offered in Mexico, the only currency you will be able to use when transacting with the solution is the Mexican peso.
This means that you would need to request the deposit in pesos and when you go to the nearest partnered store, pay for your transaction in pesos. It also means that, if you wish to avoid currency exchange fees, you need to select an online casino that accepts Mexican pesos, to get the most cost-efficient online gambling experience ever.
Customer Support
The solution itself, as you can see from its official website, does not offer Customer Support, but OpenPay does. You can freely try its agents via the email address support@openpay.mx, its phone line +52 (55) 5022, or its Twitter profile, to get the assistance you need.
Naturally, if you’re having issues with your deposits specifically, you can also try your casino’s Customer Support team. Usually, these trained agents are available via the same communication channels, but also Live Chat and on-site contact forms.
Conclusion
You may not find hundreds of online casinos that offer Paynet, but those that do, which are registered users, will surely give you the option to experience a seamless online gambling time, with instant and cost-efficient deposits. We gave you a few examples, but feel free to explore other online casinos that offer it, and give the solution a try the minute you get, to see how effortless and convenient it is for online casino deposits, since with it you’re never sharing any sensitive details.
FAQs
Is Paynet’s official website available in many different languages?
No, not many, considering it is, after all, only offered in Mexico, but there are still two options to choose from, Mexican Spanish, of course, and English, as the world’s most frequently used language.
Will I find the solution on social media?
You won't be able to find the solution on social media, but as we mentioned, you can find OpenPay on Twitter. Other platforms where OpenPay is active on are LinkedIn, Facebook, Instagram, TikTok, and Spotify. Do not hesitate to check them out to see whether any news on the solution will be posted from time to time.
Which are some of the most popular partnered stores to visit to complete a transaction with Paynet?
The most popular ones were already mentioned, but as other options, you can find Circle K, VIA, Super Farmacia, Extra, and Farmacias del Ahorro, to name a few. If you visit its official website, you will find a tool where you can search for the most convenient store to visit, according to vicinity.
Do any transaction limits apply when using the solution across online casinos?
Yes, actually. Each partnered store sets the transaction limits at its own discretion. These limits are, however, incredibly high, so they probably won't affect your online casino deposits. For instance, at Sam's Club, Bodega Aurrera, and Walmart, the max payment limit is $29,999, while at Kiosko, $10,000.
How many Mexican online casinos approximately offer Paynet?
We already mentioned two excellent online casino sites listed here at WCD that you can join to use the solution for seamless deposits, but you also have 1XSlots and 1XBet as options which are reviewed here on our site. There should be several others, but do not expect hundreds of sites, since the solution was launched only a few years ago.
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