Boleto Bancário is an online payment method for Brazillians. As long as you have an account with a Brazillian bank as well as a tax number, you can use Boleto Bancário to conveniently and securely make payments to casinos that accept Boleto. You use a slip generated on the Internet.

To make payments, you either use your bank account online or print the coupon payment and submit it directly to any branch of your bank. Online merchants can also use Boleto Bancário coupons to purchase goods. And what’s more, casinos located outside Brazil but with agreements with Boleto can offer it as a payment option.

You make deposits using a Boleto Bancário coupon by going to the cashier section of the casino and selecting Boleto Bancário as a deposit option. The cashier then puts you through a secure connection with Boleto Bancário server where you provide the required payment data and your tax number. The Boleto Bancário application then opens another window in which a coupon or slip is displayed. You pay either directly via your current online banking account or print for payment at a later date at any branch of your bank.

With the payment complete, Global Collect – the owners of Boleto Bancário – receive a confirmation of successful transaction to the casino in real time. Your casino account is then automatically credited with the deposit amount.

This is an excellent online casino payment method for Brazilians who do not hold or like using credit cards for gambling. They are able to fund their casino accounts with cash. Small players should beware, though, of the fees charged. The downside of the method is that, Boleto Bancário is not an option for withdrawals even for poker sites that accept Boleto as a method of payment.