The number of payment processors designed for a specific market is growing. At the same time, the volumes of cashless transactions are also on the rise. When you combine these two trends, you get local banking solutions ideal for cashless online and offline payments. Pi Pay is one of the innovative and entirely cashless payment platforms designed for the Cambodian market.
Pi Pay is a payment service provider that offers a user-friendly mobile app that incorporates various services. It enables merchants to facilitate cashless transactions through a payment gateway technology. The app also covers the whole payment processing value chain. As a result, Pi Pay connects various merchants with customers in Cambodia in a seamless and safe financial ecosystem with multiple benefits.
As Pi Pay says on the official website, their services allow payers and payees to make and receive payments efficiently and securely. The number of Pi Pay MPOS (mobile point of sales) is growing daily. As a result, end-users have more and more Pi Pay online shopping “hubs.” Online casinos are among merchants who are always ready to accept innovative banking solutions. The reason is simple: casino providers want to increase the number of players by enhancing the service. Therefore, the local payment method popular in a specific country or region can find its way into online casino venues.
As one of the most popular means of payment in Cambodia, Pi Pay quickly caught our eye. We decided to take a closer look to see if this digital payment service is suitable for online casino players from this country. Also, we wanted to check if casino providers have realized the full potential of Pi Pay and listed it among banking methods. Keep reading to learn the crucial information about Pi Pay as an online casino deposit and withdrawal method.
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Pi Pay is a mobile payment app popular in Cambodia. So, players from Cambodia also gladly “agreed” to use Pi Pay for online casino gaming. Still, the number of providers with Pi Pay on their banking page is not that large. However, we expect to see more Pi Pay online casino websites targeting Cambodia and Southeast Asia soon.
One of the online casinos that accept Pi Pay as a banking method is 1XBet, a reliable and well-known gaming brand. So, if you wish to try Pi Pay and how it works as an online gaming solution, head straight to 1XBet to try it out.
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Company Name:
Pi Pay
Headquarters:
Phnom Penh, Cambodia
Established:
2017
74 / 100
Rates, Fees & Cost – Setup cost and transaction fees
8
Security – Level of safety and security measures
9
Availability – Number of serviced countries
6
Reputation – Overall feedback among players and consumers
6
Customer Support – Quality of assistance and speed of response
8
Pi Pay was founded in 2017 in Cambodia. The cashless payment app offers digital financial services to online merchants in Cambodia, including POS (point of sales) and MPOS. In 2020, the company had around 300,000 active users, and it claimed it had carried out a total of $350 million worth of transactions.
Pi Pay is a mobile payment solution that unites business services (Promotions, Payments, eWallet) with various social features like Chat, Friends Finder, Sharing, or Maps. It also continually grows the number of retail partners driving the e-commerce economy in the country. Some of the partners include retail stores, restaurants, entertainment brands, and, of course, iGaming providers. Pi Pay is slowly but surely becoming a market leader in Cambodia and the ASEAN region (The Association of Southeast Asian Nations).
Pi Pay connects users with their social circles through chat, voice, and video add-ons and provides friends finder functionality. It also offers a one-touch money transfer service allowing clients to send money to their friends and even share gifts. Pi Pay has an extensive network of partners, so the users can easily find and benefit from various exclusive deals, flash sales, loyalty programs, and more. We can conclude that Pi Pay is a convenient social app with an essential value-added feature: seamless cashless transactions. Also, the app allows its users to track and manage all their expenditures in one place.
Two major financial institutions back up Pi Pay. The first one is Malaysia’s CIMB bank that takes care of all client deposits and merchant payments. The other one is the National Bank of Cambodia that licensed Pi Pay. The central bank also regulates and supervises the company, ensuring Pi Pay complies with laws and provides trustworthy services. So, it doesn’t surprise that Pi Pay is PCI DSS compliant and uses the highest-standard 256-bit SSL encryption.
To use the service, you only need to download the app from Google Play and App Store. The mobile apps allow you to send and receive payments, pay utility bills, top-up Pi Pay eWallet via Pay&Go terminals or other banking apps like RHB Bank, ABA Bank, and more. You can also receive money in-app, pay in-store, and explore exclusive deals for Pi Pay customers. To sum up, Pi Pay is a smartphone all-in-one cashless hub that also allows you to make deposits at online casinos.
Before you can deposit at your favorite Pi Pay online casino, make sure to fund the Pi Pay balance. Then visit the casino from the smartphone and head straight to the banking page. Pi Pay will be listed within eWallets. Click the icon, enter the amount you want to deposit, and you’ll be redirected to the Pi Pay app to log in and finalize the payment. You will receive an OTP in the SMS, and you’ll have to enter a PIN to confirm the transfer.
Withdrawals are the same. One of the casinos with Pi Pay at Withdrawal page is 1XBet. Once you wish to cash out winnings, visit the payments page and go to the withdrawal section. Pi Pay is among eWallets. Select it as your preferred withdrawal method. Enter the amount you wish to cash out and request withdrawal. Once the casino processes the request, you’ll receive the money.
Theoretically, yes, you should be able to use Pi Pay for both deposits and withdrawals. 1XBet is one of the casinos that allows you to cash out the funds with Pi Pay. However, we cannot guarantee that every casino will have Pi Pay on their withdrawal page. So, you’ll need to check it out before you deposit funds. Read terms and Conditions as well and even consult customer support. If the casino doesn’t allow Pi Pay withdrawals, you’ll have to pick another way to cash out the funds. Online casinos may ask you to withdraw winnings to a bank account.
Online casinos don’t charge Pi Pay deposits and withdrawals. Also, the Pi Pay service is free of charge. Still, if the casino doesn’t allow you to cash out winning with Pi Pay and you have to use an alternative, you may need to pay transaction fees. The amount will depend on the casino and the withdrawal method you select to use. Also, your bank may impose certain costs.
Transactions with Pi Pay are processed instantly, while withdrawals at 1XBet may last up to 15 minutes. However, this is an estimate, so we can’t tell you precisely how long you’ll need to wait to see the money in your account. Still, we know that most online casinos handle eWallet transactions swiftly, so we’re sure this is the case with Pi Pay too.
Pi Pay customer support is available via email and phone. Send a direct message at [email protected], or call 1800 209 999 and +855 23 988 989 (the office number). We’ve seen that support agents reply to customer reviews on Google Play. The customer support members recommend users to call them on 1800 209 999 or send a message on the Pi Pay Facebook page.
If you live in Cambodia, we assume that Pi Pay is already one of your favorite smartphone apps. As an end-to-end cashless mobile payment platform, Pi Pay allows you to make various transactions. You can pay bills, send money to your friends, or receive funds from the family. Pi Pay’s network of business partners is expanding. It means that the number of merchants where you can use this cashless payment solution is growing. Many online businesses are interested in implementing innovative local payment processors. Among them are online casinos. Pi Pay allows swift and fee-free payments. The company is also positioning itself as a market leader in the ASEAN region (Cambodia, Indonesia, Malaysia, the Philippines, Thailand, Vietnam, Singapore).
Deposits with Pi Pay should be carried out promptly. It means that immediately after you confirm the transfer, you can start browsing through the casino's game lobby.
Pi Pay doesn't charge clients for using its services. Also, online casinos don't have fees either. However, we advise you always to check as casinos may have costs.
Pi Pay is compliant with the Payment Card Industry Data Security Standards (PCI DSS) and utilizes 256-bit SSL encryption. It also uses multiple firewall layered security.
Yes, you can. We advise you to check if the casino you select to play at supports Pi Pay withdrawals. Do this before you deposit to avoid surprises and unnecessary costs if you need to use an alternative withdrawal method.
Pi Pay is a digital mobile payment platform used in Cambodia.
When we were writing the review, we haven't found many casino websites with Pi Pay. One of the top-rated casinos that supports Pi Pay is 1XBet. As we're continually monitoring the situation, we'll be adding new Pi Pay casinos to our list as soon as we detect them. So, stay with Casino Bloke as he will not disappoint you.