Best DuitNow Online Casinos 2024
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Table of Contents
DuitNow casinos are popular in the Malaysian gambling market because they allow users to fund their gambling accounts and withdraw winnings using one of the most popular payment methods in the region, DuitNow. In addition, the banking method offers a secure and hassle-free way for bank account and e-wallet owners of partner institutions to send and receive money without using their DuitNow ID. In this article, we’ll delve into the workings of the payment method, its market coverage, transaction times, pros and cons, and service fees. We’ll also give you a guide on depositing and withdrawing through this channel and provide a well-vetted list of the best DuitNow casinos.
Best DuitNow online casinos
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DuitNow facts
✅ Name | DuitNow |
📊 Category | Online banking, Real-time payments |
🌍 Geo | Malaysia |
💱Currency | MYR, USD |
🌐Site | https://www.duitnow.my/ |
📅 Established | 2017 |
👨💻 Support | +60 3-2264 8600 |
➡️ Deposit | yes |
⏱️ Time to deposit | Instant |
⬅️ Withdrawal | yes |
⏳ Time to withdrawal | Instant |
General information about DuitNow
DuitNow is a payment system introduced to the financial market in 2019 by Payments Network Malaysia (PayNet), the national financial market utilities provider and payment network. But what exactly is DuitNow?
The fintech landscape has been evolving over the years, with banks and e-wallets becoming quite popular in the online payment industry. PayNet found a way to connect both bank account owners and e-wallet users through a simple function, DuitNow. Simply put, this banking method allows users, such as online casino players, to send and receive funds almost instantly on their bank’s online banking platform, banking app, or e-wallet.
However, only members of partner institutions can use the company’s services since the functionality is usually embedded in the platforms.
DuitNow registration and services
Sending money or making payments, such as casino deposits, do not require account registration. But to receive funds through the DuitNow channel, you must sign up for the service by linking your mobile number, Identity documents (NRIC number, army/police number, or MyKad) or business registration number (BRN) with your bank or e-wallet account. To register, you must log in to your e-wallet, bank’s internet bank, or banking app, select your preferred ID and link it to the receiving account. Please note that only one ID can be used per bank or e-wallet account, but you can switch the IDs if need be.
To enable seamless online transactions, DuitNow offers a diverse range of payment options, including Transfer, QR code, Request, and Online Banking/Wallets. The Transfer alternative allows you to transfer funds using the recipient’s DuitNow ID (like your preferred DuitNow online casino’s BRN). At the same time, the QR code entails scanning the provided code and authorising the payment. Moreover, the Online Banking/Wallets option requires you to choose your bank at the checkout page, upon which you’ll be redirected to your payment platform’s login page. On the other hand, DuitNow Request is ideal for requesting casino withdrawals (to be discussed later).
DuitNow market coverage
DuitNow was initially designed to serve the Malaysian market. However, the company has collaborated with various international payment networks, such as NETS (Singapore), QRIS (Indonesia), PromptPay (Thailand), Alipay (China), and UnionPay International (China), to enable cross-border QR payment. Therefore, users from the mentioned countries can now pay for services like gambling locally by scanning the DuitNow QR code via their participating e-wallet apps and mobile banking.
In Malaysia, the company has partnered with over 45 leading banks and e-wallet brands, making it easy for locals to use the payment method while boosting its popularity in the region. This means that if you have an account in any of the associate financial institutions (bank or e-wallet), you can easily fund your player account or cash out winnings in online casinos that take DuitNow. Below is a list of some of the DuitNow partner payment systems:
- Affin Bank
- Agro Bank
- Alliance Islamic Bank
- AmBank
- CIM Bank
- Standard Chartered
- J.P.Morgan
- Boost
- BigPay
- ShopeePay
How to deposit to online casinos with DuitNow
DuitNow is an ideal banking option for online casino deposits for various reasons. To begin with, payments through this channel are almost instantaneous, meaning once you authorise the transaction on your online banking, banking app, or e-wallet, the funds will be credited to your player account within seconds. Secondly, DuitNow has no service charges for processing deposits up to MYR 5000. However, for transactions above the mentioned figure, you will incur a nominal fee, which some banks might waive. With that said, below is a breakdown of the deposit procedure in real-money online casinos that accept DuitNow.
- Pick a DuitNow online casino from our vetted list that best meets your needs and create a player account. Head to the banking section and open the deposit page, where you’ll find a list of all supported payment methods, including DuitNow.
- Select DuitNow as your deposit channel, and you’ll be redirected to the payment page. Here, you’ll be required to fill in the amount you wish to transfer and select your deposit option from Transfer, QR code, and Online Banking/Wallets.
- Afterwards, confirm the payment details on your e-wallet, online banking, or banking app, and then enter your PIN to authorise the transaction.
As mentioned, DuitNow has swift transaction times, meaning the funds will be credited to your casino account immediately after you’ve authorised the payment. Moreover, top DuitNow casinos usually have tasty welcome bonus offers for first-time deposits, which you’ll be eligible to claim.
How to withdraw from online casinos with DuitNow
Once you have garnered enough real money winnings, you can cash out the funds through the DuitNow channel to your bank account or e-wallet. However, top DuitNow casinos, including new DuitNow casinos, have certain T&Cs you must fulfil before requesting a payout. For instance, each gambling platform has its set deposit wagering requirements.
Furthermore, you must undergo the verification procedure, which entails uploading copies of your government-issued identity documents (passport, ID, or driving licence), bank statement, and a recent utility bill, which, in our experience, is usually between 3 to 6 months. Once you have fulfilled these requirements, you can follow the procedure below to withdraw from DuitNow casinos online.
- Like with deposits, head to the banking section and open the Withdraw page.
- Select DuitNow as your preferred withdrawal method, and the online casino will provide you with its registered DuitNow ID.
- Sign in to your e-wallet, banking app, or online banking and open the DuitNow Request page. Enter the amount you wish to cash out and the online casino’s DuitNow ID.
- Afterwards, confirm the transaction details and click the Approve button. The online operator will instantly receive the payment request, which they can accept or reject depending on whether you have met the necessary conditions. If approved, you’ll receive a real-time notification upon successful payment.
Online casinos with DuitNow have fast payouts, meaning your cashout request will be processed within no time (in a few minutes).
Transaction times and fees in DuitNow casinos
Online casinos accepting DuitNow are considered fast when it comes to deposits and withdrawals because the payment method features swift transaction times. With deposits, all you have to do is choose your preferred payment option (Transfer, QR code, or Online banking/Wallet), confirm the transaction details, and then enter your PIN to authorise the payment. Afterwards, the funds will be credited to your account almost instantly. Similarly, payout requests are approved within a short period of a few minutes. However, your DuitNow online casino will determine the overall withdrawal time.
As previously stated, DuitNow does not charge service fees for payments below 5000 Malaysian Ringgits. However, any amount above that will incur a transaction charge of MYR 0.50, but your bank or e-wallet might waive it. DuitNow Request is also free, but since the payment service provider charges the online casino for each transaction, service fees might be imposed on you.
Pros and cons
Pros
- DuitNow features swift transaction times, making it ideal for casino deposits and withdrawals.
- Thanks to its partnership with major payment service providers in Malaysia, DuitNow is a widely accessible banking option.
- DuitNow is a cost-effective payment method with little to no service charges, depending on your transaction amount.
- Due to its popularity, it’s easy to find online casinos that take DuitNow.
Cons
- Some DuitNow payment options are only available on select e-wallets and banks.
- DuitNow only operates in a few gambling-friendly jurisdictions.
Conclusion
DuitNow is a popular Malaysian payment system that acts as a go-between connecting online merchants, such as online casinos, with customers through their e-wallets and bank accounts. Therefore, users of the partner financial institutions can perform online transactions, including casino deposits and withdrawals, directly from their e-wallets and bank accounts via DuitNow. In this review, we have highlighted the pros and cons of DuitNow casinos, discussed the payment method’s transaction times and related fees, and its market coverage. We have also provided a guide on depositing and withdrawing in real-money online casinos that accept DuitNow.