What is DaoPay?
From credit card transactions, to bank transfers, to secure phone calls and premium sms (PSMS) payments - DaoPay serves as an online banking system that offers and facilitates optimum security through the use of several cashless global payment methods. Due to its ability to utilize its own API, DaoPay enables merchants and players alike to conduct safe transactions online with options of over 100 payment methods from anywhere, at any time. The word “Dao” signifies "the way" or "path", which is telling of how the payment aggregator delivers on ensuring that user convenience is at the centre of this comprehensive deposit method.
Developed by Founder and CEO, Peter Krapfl in 2001, this Austrian licensed payment provider finds its headquarters based in Vienna, Austria, with a representative office located in Barcelona, Spain and has availability in over 72 countries. This includes the African, Asian, American, European, MENA and Oceania regions. Krapfl originally founded DaoPay as an addition to his initial endeavours. However, after witnessing the company gain a bit of momentum, the DaoPay Founder and CEO decided to put his time and energy solely into it. After 10 successful years of growing and establishing this business as one of the leading payment platforms worldwide, DaoPay was granted the payment service provider licence by the Austrian Financial Market Authority (FMA) - something that very few players in the field of payment services possess.
Now, almost 22 years later, DaoPay is operating on a global scale, providing the best payment experience to a vast variety of businesses. With a reach of over two billion consumers, this business has merchants in the gaming industry, the crypto market, the traditional e-commerce industry, fundraising platforms, and so much more.
Depositing with DaoPay at an Online Casino
Because DaoPay acts as a payment aggregator and situates a number of payment methods in one place for ease of use, there are multiple ways in which casino players can make deposits. These include making casino deposits using well-known payment methods such as Visa, Mastercard, PayPal, Neteller, as well as other e-wallet or credit card methods. However, as it stands, many online gambling sites do not go through third party tools such as DaoPay, but instead integrate with these payment services directly. Regardless of this, many of the company’s clients find themselves in the online gaming industry - an indicator that an increase in more casinos who accept DaoPay is inevitable. If you are interested in using any of the well-known payment services through DaoPay casinos for deposit purposes, we suggest you read up on the various deposit methods on our page.
In addition to this, DaoPay introduces its own direct carrier billing patented payment option - DaoPay Phone Payments. With this service, transactions can easily take place through a phone call or text message. Casino players who are ready to place bets can simply call or text the amount they would like to pay to the casino. Therefore, this payment method charges the requested amount for your phone bill. For example, if new players want to add "credits" to their online gaming account, they can do this with a call or SMS to a premium rate number. For post-paid accounts, the payment will be directly charged to your next phone bill. For prepaid accounts, it will be directly deducted. It is important to note that not every country or region has a Phone Payments method available for use. Some regions only have Pay by Calls or Drop Calls (event based calls) options, while others also have the Direct Carrier Billing and PSMS Payment options available. Conveniently, these methods do not require customers to provide personal information like credit card or bank account details. By doing so, DaoPay ensures optimal security and ease for customers who make casino daopay deposits or any other online purchases.
Making casino deposits with DaoPay Phone Payments by Call
- Open the DaoPay payment screen through the website you want to make a deposit on.
- A detailed payment page will appear with empty fields for you to fill in. Included in these empty fields are: transaction amount, payment method, phone number, price per minute, your order number and the progress bar.
- Call the phone number shown on the payment page where you will be requested to enter your order number on your phone. Press the "#" key after entering your order number.
- You will hear further instructions. Do not end the call until the payment process is complete.
- As soon as the payment is processed, the connection will end automatically through the system.
- Thereafter, you will be prompted to click the green button shown as "Complete Payment".
- Normally, the deposit payment should be successful within minutes after following these steps.
Making casino deposits with DaoPay Phone Payments by PSMS
To make a deposit using the DaoPay phone payments, such as PSMS payments or Premium SMS option, users need to send a message with the transaction code to the number provided on the DaoPay payment screen. Usually, there are several price points available. Mobile operators use two types of SMS payments:
The consumer sends the given number of text messages, including the order number, to the specified service number. As soon as all text messages are sent from their mobile phone and fully received, the purchase is completed.
The consumer sends an SMS to the specified service number. In return, they receive a confirmation message stating the costs. Customers must verify this SMS by sending "Yes". DaoPay then sends one or more text messages to the user to complete the purchase.
DaoPay Daily deposit limit
Due to DaoPay’s aggregator-like nature of hosting online payment solutions in one place, it has rather low daily, weekly and monthly deposit limits. Although the daily deposit limits will be different depending on which region players find themselves in, as well as the type of DaoPay Phone Payments method used, an estimate of $10 - $30 is allowed to be transacted every 24 hours. As such, this online payment method is more suited for small deposit sums. We recommend checking your region-specific deposit limits and availability.
Please note that additional minimum deposit limits can be added by the DaoPay online casino. This will be communicated in detail in the various online casinos' terms and conditions.
How to Make a Withdrawal with DaoPay
Evidently, this casino payment method has numerous features that make it one of the most innovative and convenient methods of making casino deposits. However, due to the way in which the system's model is set up, withdrawals are not possible. Players are advised to select an alternative method for withdrawal. This can include a bank transfer or an online banking solution.
DaoPay Processing Times and Fees
As we know, DaoPay's main objective is to provide a space for easy, secure and convenient online payments. This is why, whether customers are transferring money via voice payments or SMS transactions, DaoPay has ensured that deposits are processed immediately. Instant processing times mean no waiting period for users and more time to play. However, these real-time payments may come with an additional fee. Depending on your mobile service provider, the type of DaoPay Phone Payment method players use and the region you find yourself in, fees charged for PSMS or calls may vary. For example, your mobile provider may charge an additional fee for calling DaoPay's number or for sending an SMS to authorize the payment.
Where is DaoPay accepted?
As mentioned before, this is a globally-accepted cashless payment service that has a world reach of over two billion users. With availability in over 72 countries - which include Morocco, Canada, Germany, Poland, Switzerland, Turkey and more - DaoPay allows for players to transfer money in any currency. The online casino payment system is predominantly used in European countries such as Italy, Austria and Slovakia. Its SMS payments system is also particularly popular in countries like Brazil, South Africa or New Zealand. This payment service is the best solution for those who would like to reach players in particular geographical regions and allow them to pay using methods popular in their specific country.
It is clear that DaoPay has the potential to be a strong contender in the mobile payments market and overtake payment solutions in the best online casinos. We recommend checking up on which DaoPay payment options are available in your specific region and country.
Top Bonuses at DaoPay casinos
A deposit bonus is a kind of bonus that players receive when making a real money deposit at an online casino. In other words, gamblers must deposit money into their casino account in order to access this type of bonus. It is imperative that players find out what type of casino bonuses they can expect before joining in on the gaming experience. Coming across a deposit bonus for this deposit method is rare at this stage of DaoPay's journey within the world of online gaming and online casinos. However, we foresee a big shift in the near future with regards to casinos that accept DaoPay as a payment method to implement deposit bonuses.
How to Choose the Right Deposit Method
By now, you should have a clear indication as to why DaoPay is considered to be one of the most practical payment methods out there. However, there are many factors to consider during the process of selecting a deposit method. Choosing the right deposit method is critical to ensuring a pleasant online casino experience. Here are two key indicators to look out for when finding the right deposit method for you:
High security measures are a must when it comes to choosing an online banking system. Hackers should never have the opportunity to access players’ banking information.
Accessibility and Convenience
Payment methods that allow for easy and anytime access by players from all over the globe are a key advantage to look out for. This ensures that users around the world have quick and convenient access to making casino deposits in a variety of currencies.
Pros and Cons of DaoPay payment method
With this in mind, let us take a look at the pros and cons of using DaoPay for casino payments.
- Works with all phones. Transactions can take place via mobile or landline phone.
- Worldwide reach.
- Player's financial and sensitive information remains confidential.
- Transactions are instant.
- It allows for payments to be made using over 100 methods.
- No account opening process is needed.
- Easy, secure and convenient transactions.
- No withdrawal option.
- Additional fees from mobile service providers may apply.
- Low daily deposit limits.
DaoPay Account Opening Process
Fortunately for consumers, there is no need to open an account with DaoPay. It is up to the online merchant to connect DaoPay to their online casino as a payment method. Once it is available as a payment option on DaoPay online casinos, all that players need to do is select it as the desired payment option within DaoPay and follow the prompts as described in the "Depositing with DaoPay" section above.
Safety and Security Using DaoPay
With nearly 22 years under its belt, DaoPay is well-known for upholding high security standards, offering great customer care and support to users across the globe and making online transactions accessible. By creating a system that does not require you to share sensitive financial information during the payment process, DaoPay makes sure that hackers are unable to intercept, identity theft is minimised, and that players are protected from fraudulent activities online. In addition to this, DaoPay was granted the payment service provider licence by the Austrian Financial Market Authority (FMA) - something that a very few players in the field of payment services possess. This further strengthens its trust score and commitment to security for its customers.
Discover Other Deposits
Although DaoPay is considered to be one of the best payment solutions for those working in the crypto, traditional e-commerce and fundraising industries, many online gambling sites do not go through third party tools such as DaoPay. Instead, direct integration with payment services such as Visa, Mastercard, PayPal and Neteller is apparent. By understanding how various online casino deposit methods compare against each other, you can weigh the pros and cons of each to find the casino payment method that best suits you. Below we have listed alternative deposit methods for you to discover that are available all over the world:
Visa is one of the leading global credit card payment solutions. It has a global reach of over 210 countries. Credit card payments via this payment solution can be utilized online in a matter of seconds. Consumers simply input their personal credit card details and the transaction is completed.
Mastercard is the second-largest electronic payment card company in the United States and is available in over 210 countries and 150 currencies.
PayPal has been the most widely-used online casino payment method for many years. Its features include fast payment processing and the acceptance of PayPal worldwide - which are the core reasons for its success as a secure funds transfer service.
Neteller is inarguably one of the most popular e-wallets out there. This payment solution is one of the earliest and most successful payment systems at online casinos, and is still widely used by millions of players today.
About the author
Kwabena is a dynamic digital aficionado, adept at fine-tuning and localizing online casino guides tailored for Ghana's vibrant gaming community. With a perfect blend of cultural understanding and tech-savviness, he is reshaping how Ghanaians navigate the online casino landscape.