Todito Cash is a prepaid electronic wallet designed for purchases of products and services over the internet.
Developed as an alternative to banking products such as credit and debit cards, Todito Cash has become an exceptionally popular payment option among the Mexican population thanks to its flexibility, safety and speed of use.
It’s accepted in an extensive network of internet sites and can be recharged with a credit or debit card online as well as with cash in more than 26,000 recharge points nationwide.
Though Todito Cash can only be used by Mexican residents, there is a good number of online casinos willing to accept it.
If you don’t know where to find them, don’t worry, Casino Bloke does. Just keep on reading this page.
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Todito Cash is a payment service used by Mexican residents who can use it to fund their online casino accounts with ease. It’s a safe and secure way to transfer money without any use of credit or debit cards. Due to its convenience, Todito Cash is a popular choice with Mexican players and Casino Bloke is here to help them track down the best casinos online that accept Todito Cash payments.
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Company Name:
Todito Cash
Headquarters:
Monterrey, Mexico
Established:
2000
74 / 100
Rates, Fees & Cost – Setup cost and transaction fees
8
Security – Level of safety and security measures
8
Availability – Number of serviced countries
6
Reputation – Overall feedback among players and consumers
8
Customer Support – Quality of assistance and speed of response
7
Todito Cash is one of the brands belonging to a company called Avalanz. It was founded in 1981 and back then focused on the development of systems, computing and marketing of computer equipment.
In 1994 they launched TV Azteca Noreste, and two years later also the CNCI University, an educational institution which was initially teaching computer science. During the following years, Avalanz kept entering new areas and launching impressive new projects, among which Arena Monterrey, an important Mexican live show venue, Superboletos, a ticketing service releasing over 12 million tickets every year, the majestic Arena Mexico City, and Todito, a safe and reliable electronic payment option born in the year 2000.
One can open a Todito Cash account via the provider’s website in 3 easy steps, top it up with Visa or MasterCard, and then use it to pay on a number of entertainment websites. A new user has to start off by entering their email address, after which the provider will send an email with full instructions. When registering an account, you’ll receive a PIN which is needed to make online purchases at video games websites, online casinos, social networks and a number of virtual stores.
The alternative is to purchase a plastic prepaid card from authorized agents and keep refilling it at one of 26,000 recharge points such as 7 Eleven and Kiosko. The first will let you recharge with a minimum of $50 and a maximum of $5,000 while charging $8 pesos per recharge, and the other will add up to $10,000 pesos with a $9 pesos commission.
Recharging can also be done at Farmacias Benavides, Extra and Circle K, as well as at Elektra, Comerical Mexicana and Telecomm. The nearest location can be easily found by visiting www.toditocash.com and providing your own address. Todito Cash doesn’t have a processing network like those of Visa or MasterCard and can, therefore, be used to pay only at affiliated establishments.
New Todito Cash App, obtainable via their website, allows users to make payments with a QR code, transfer money from one Todito Cash account to another by selecting an existing contact on their smartphone or entering a number manually, and transfer their Todito Cash balance to a bank account.
Clients will also gain access to ToditoCash loyalty program which awards one point for every peso spent. Once you accumulate 2,500 points, you can exchange them for $10and use the money for buying products and services at affiliated stores. One can also take advantage of temporary casino bonuses advertised at the provider’s website.
Todito Cash deposits can be made by using the 10-digit card number and a PIN linked to it. Owners of a physical card will have to scrape the area on the back in order to reveal it, and if you’ve opened an account via the provider’s website, they’ll send you an email with both the account number (same as card number) and the PIN.
Once you have selected Todito Cash as a deposit method, all that remains to be done is enter the amount you wish to pay, your card number and the related PIN. The transaction is instantly confirmed and you can immediately use the cash to place bets on your favorite casino games. Since Todito Cash is a deposit-only method, an alternative one will have to be chosen for withdrawing the winnings.
An online casino will normally not charge any fees for Todito Cash deposits but the payment service provider will. Fees are paid for recharging as well as inactivity, with the latter increasing the longer you fail to use the service. Recharge fees vary depending on how you choose to add funds.
As mentioned above, recharging at 7 Eleven and Kiosko comes with flat fees of $8 pesos and $9 pesos respectively. The commission charged for adding funds at Farmacias Benavides, Extra and Circle K can be found at the provider’s website, expressed as the amount you pay and the amount you receive. For example, paying $55 at Farmacias will boost your Todito Cash balance by $49.50, and handing over $5,005 in cash will get you $4,950 to be used at a gaming site of your choice.
You’ll find the same system applied to recharges executed at Elektra and Comerical Mexicana outlets, while Telecomm charges flat fees depending on the value paid – $10 for deposits of $100 to $500, $15 for those between $501 and $1,000, $20 for payments of $1,001 to $2,000, and 2% commission when giving the salesperson between $2,001 and $20,000.
If you are a Mexican player who either doesn’t own a bank account and a credit card or doubts the safety of online payments, Todito Cash is an excellent option for making casino deposits. The process is dead simple and money is transferred immediately.
Todito Cash card can be obtained without disclosing any private financial information, which obviously makes it exceptionally safe, and being able to spend only the amount you’ve previously deposited gives you better control of your expenses. Though one can use funds only to pay at affiliated websites, the provider has partnered up with major retailers in different sectors, and not just the gambling world.
Todito Cash is a digital walletfundable online as well asin cash at physical outlets across Mexico.
Yes, you do. As of recently, a digital account can be created only through the provider’s app for Android and iOS devices. Download it from App Store or Google Play, open it and fill out the registration form to receive an SMS with the registration code. The next time you’ll be logging in using your registered email address and password. Todito Cash account can be funded directly from the App using Visa or MasterCard credit/debit cards. The alternative is to top it up in cash at one of 26,000 physical outlets nationwide, including 7 Eleven, Kiosko, Farmacias Benavides, Farmacias del Alhorro, Extra, Circle K, Elektra and Telecomm. You can do so by either providing your 10-digit Todito Cash account number or by scanning the barcode/QR code available in theApp.
You can transfer funds from the wallet through SPEI to the bank account of your choice.
Select it as a payment method and then enter the deposit amount, your Todito Cash account number and PIN. Providing there are sufficient funds, confirmation is instant and so is the transfer.
Unfortunately, you can’t; Todito Cash is a deposit-only method.
Account opening is free and so are casino deposits. Retail outlets will, however, charge a commission for topping up your Todito Cash balance. It will cost $8 MXN to fund your wallet at 7 Eleven, Chedraui and Merza, $9 MXN at Kiosko, $10 MXN at Farmacias Benavides, $9 MXN +2% at Farmacias del Alhorro, $5 MXN + 3% at Elektra, $7 MXN + 2% at Extra and Circle K, and between $10 MXN and $20 MXN at Telecomm. Use credit cards instead and you’ll be charged 3% of the amount. SPEI transfer costs $9 MXN. You’ll also have to pay $10 MXN when withdrawing funds from Todito Cash wallet unless you collect cash at physical outlets.
Basic accounts are subject to the following limits: up to 750 Investment Units (“UDIS”) per month andmaximum balance equivalent of 1,000 UDIS. Limits are removed if you provide additional information such as CURP (Unique Population Registry Code), full address, an official ID document approved by the CNBV and a proof of life through video.
It seems that the company is yet to receive an authorization from the National Banking and Securities Commission (the “CNBV”) to act as an Electronic Payment Funds Institution. However, in order to move money, one has to enter both the account number and PIN so you should be ok as long as you don’t share this information with anyone except properly licensed online casinos. Users are also able to change their PIN as many times as they wish.