Boku is a unique form of banking process that joins our list of available casino banking methods to make depositing and withdrawing your winnings faster and simpler. Boku allows customers to deposit funds to an online casino account through a smartphone, cutting out the need to input banking details for every transaction.
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How Does Boku Work?
Boku facilitates businesses to be able to collect online payments through mobile wallets. In 2021, Boku launched a new Payments Network, M1ST, which combines carrier billing and mobile wallets together into one payment scheme. So in a nut-shell – you make your payments via your phone number, the cost is then charged to your phone bill, which this will then be paid in your statement. So, no bank account needed! This is popular by offering flexibility to a lot of casino players.
Using Boku at a Casino
Within an online casino's banking page, when you select Boku to make a deposit, you will be required to enter your mobile phone number. Boku will either send a message to confirm the authorisation or send you a PIN. If it's the latter, enter the PIN on the online casino site where instructed to.
Boku: The Pros and Cons
| Pros | Cons |
|---|---|
| Faster transactions and payment through phone bill | Limited number of online casinos that accept Boku |
| Zero transaction fees | Limited daily deposits to £30 |
| No bank information needed | Difficult to withdraw money back to Boku |
Our Verdict
While it's not the most popular method for banking at online casinos currently, Boku has a promising future and is one to keep your eye on. Boku is now accepted in 70 countries and within 2020, processed over one billion transactions.
