Boleto Bancário, commonly known as Boleto, is a popular Brazilian cash-based payment method with a 15% market share. It's also the only payment method available to 35% of online gamblers in Brazil who don't have a bank account.
Find Out Information About This Payment Method
Launched in 1993, the Boleto payment is an official Brazilian payment method regulated by the Central Bank of Brazil. Today, this payment generates 3.7 billion transactions per year. Account for about 25% of all online payment transactions in the Brazilian business market.
This payment is safe, and convenient. Accordingly, you will receive a pre-filled Boleto banknote and authorization to pay directly through your bank account. Or you can go to any bank branch and present a Boleto voucher and make the payment in cash.
Here are the 8 Best Casinos of 2020 use this payment with the lowest withdrawal fees you should refer to:
- Royal Panda Silver Casino
- Silver Jetbull Casino
- 1XBET Silver Casino
- Silver Omni Casino
- Karamba Silver
- 22Bet Casino
- Alf Casino
- LibraBet Casino
Why Should You Use This Payment?
There are many reasons to explain this question. One of them is Boleto payment is simple to use and is especially secure both when payments are made electronically and through stores such as a bank branch or post office.
It protects your privacy as there is no need to exchange personal data between the payer and the receiver. Availability is another point in favor of a Boleto payment, with printed coupons paid out at a large number of stores across the country.
However, Boleto is not so popular in many countries worldwide. If you are not in an area where this payment method does not work, there are many other alternatives such as PayPal, Bitcoin, and Paysafecard.
How to Use Boleto in Online Casino
The payment process for Boleto payment transactions is similar to the methods of paying by bank transfer or cash. You will be provided with a pre-filled payment slip.
At this time, you have the option of printing the form and making payment directly at any bank branch or authorized processing facilities such as pharmacies, supermarkets, lottery agents, and post offices.
Besides, it can also be paid for electronically at any of the more than 48,000 ATMs in Brazil, as well as through online banking or mobile banking apps, which are widely used in the country.
To make a transaction with the casino through Boleto, you can follow the instructions here:
- First, you need to have a Boleto account and make a deposit to the Boleto account you just created.
- Go to your online casino and go to the "Cashier" page.
- Choose Boleto as your primary payment method.
- Specify the amount you want to deposit and proceed with the payment.
Payment Confirmation
Generally, the Boleto payment is confirmed with a delay of two to three business days. However, they developed the Boleto Flash - an advanced form of payment that provides quick payment confirmation. With this unique technology, you can process payments in less than two hours on working days from Tuesday to Saturday.
The money is transferred within the same day so that you always get the money in your bank account within 24 hours. Besides, the Boleto payment system is also compatible with mobile devices. Supporting your mobile payments just got easier, as well as tablets and desktops.
Please note that this payment cannot be used as a withdrawal method.
Fees
There are no monthly fees to be charged for using this service, only fees arising from a particular transaction. They typically range from 1 to 12BRL, although some casinos may pay you this amount when the transaction is done online.
If you wait until the due date, the fee is also charged. Then this payment can only be paid at the issuing bank. Therefore, you need to carefully choose the casinos and banks attached to minimize the risks that are not worth it.
How to Choose Online Casino Accepting Boleto
CasinoMentor is the place where you can find a list of the best online casinos that accept Boleto as a payment method. When you navigate, the filter 'Boleto' is already pre-set on the search tab on the homepage.
Right on the front page, you can see there are 4 options in all to find your favorite casino that accepts Boleto. Consists of:
- “Recommended” tab: This section contains the most reliable Boleto casinos rated by our experts.
- “Newly Opened” tab: is the right place if you want to find some new online casinos accepting Boleto. This tab will include all below-3-years-old online casinos accepting Boleto.
- “All” tab: This section brings you the widest choices to you because it presents all online casinos in our database. However, it might take a while to find suitable casinos.
- "Big brands" tab: This section represents all highly reliable and famous casino sites.
Besides the 4 main sections mentioned above, you also have other filters displayed on the right sidebar of the screen. Consists of:
- Licensing Filter: To find casinos attaining license from a specific authority
- Website Language Filter: To find casinos providing your preferred website language
- Customer Support Language: To find casinos providing your preferred support language
If you want to check the best bonuses and promotions, you can also navigate to our bonus list and apply 'Boleto' in the payment method filters.