Note: Click2Pay ceased operations in October of 2014. The company released few details at the time and people are still left to wonder what exactly happened. The common theory is that Click2Pay just has a hard time competing with other, more established deposit methods such as Neteller and Skrill.
In the latter part of 2014, Click2Pay customers received e-mails from the company that stated it would be shutting down on October 1st. The e-mail asked customers to withdraw their funds by that time as customers would no longer be able to access their accounts after that date.
Those who missed the e-mail or were otherwise unable to withdraw before that date were not left in the cold. Even after October 1st, Click2Pay continued to process withdrawals to customers via wire transfer at a fee of _€_ _5. Anyone who needed to request a withdrawal in this manner had only to send an e-mail to [email protected]
It was strange that Click2Pay left in such a hurry without a press release or any real announcement. If you visit the website today, it simply redirects to_ _its parent company, Wirecard.com. Wirecard provides payment solutions to retailers in the UK and Ireland, but doesn’t appear to have any involvement in gambling at this time.
Whatever the case may be with the now-defunct Click2Pay, there’s no need to feel down and out. There are still a number of other online casino deposit methods that offer the same service. Here’s a quick list of similar alternatives:
What was Click2Pay?
At the height of its success, Click2Pay was a well-known deposit method used by casino sites around the world. It functioned as an e-wallet where players could store funds online. Customers could upload funds to Click2Pay from their bank accounts and then push those funds on to gambling sites. Click2Pay also received withdrawals from casino websites.
The company never suffered from any security issues and seemed to operate a sound business. Although it closed without much warning, customers were able to get their funds. It seems Click2Pay just faced too much competition and wasn’t able to stay competitive in the cut-throat online payments industry.
At one point, Click2Pay was valued at over 80 million euros. They operated for over a decade and were accepted by all the world’s largest gaming brands. Customers were able to fund their Click2Pay accounts via a variety of deposit methods and then move that money from casino to casino. The service worked quickly and functioned well during its time in operation.
Click2Pay was founded in Germany in 2003 and seems to have generated most of its business from German and Russian customers. However, they did serve players around the world and provided payment options in most currencies.
Gamblers were also able to withdraw money from casino sites to their Click2Pay accounts. Funds could then be withdrawn straight to players’ bank accounts or sent via paper check in the mail. If you once enjoyed Click2Pay’s services or are looking for something similar, take a look at the alternatives listed above. Each of those offers a similar service for gamblers.