American Express (AmEx) is an easy, quick, and convenient casino deposit method that works like MasterCard and Visa. You make deposits into a casino that accepts American Express by first selecting AmEx as your preferred payment option in the cashier section. The registration process requires your card details, such as name, address, card number, security number, and expiry date. At the end of the procedure, you confirm the amount you want to deposit and your account is credited instantly.
American Express is a global financial brand with decades of safe, quality service behind it. It’s a way for consumers to buy and merchants to receive payments for their goods and services. Among the services Amex provides include payment processing, expense management, and worldwide travel for individuals and businesses. This is the largest card issuer in the world and though casinos that accept Amex are few and far between, it’s still one of the safest online payment options there is.
American Express works like banks and financial institutions in that it is a credit card issuer. There are all sorts of prepaid and credit cards issued to suit all sorts of individuals and businesses. This includes Internet gamblers. You fund your online casino account without bringing in banks and financial institutions. The transaction is between American Express and the casino.
When using a prepaid American Express card on casinos that accept America express, the amount you want to fund your casino account with is deducted from the amount you’ve loaded into your card. When using a credit card, this amount becomes part of your credit card bill. The online casino sends the purchase details directly to American Express.
Using American Express as a deposit method on poker sites that accept American Express gives you the advantage of having a grace period within which you don’t pay interest rates or any fees. You can also make withdrawals, though the procedure gets a little complex. You have to first submit a number of documents to the casino in order to withdraw the funds. Always check with a casino to make sure it accepts American Express as a deposit and withdrawal option.