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If we were writing this review a few years ago, we would definitely have had a hard time coming up with a list of respectable casinos that offer Venus Point as a payment option. Initially, this company had difficulties when it came to collaborating with prominent casino sites in Asia. However, things changed in the early 2010s, as Venus Point decided to undergo a near-full rebranding, with only their name and a few design elements left unchanged. It is at this point that Venus Point began being touted as the Asian version of PayPal, mainly because it exemplified some of the same qualities that PP did.
They used this change of reputation and began collaborating with casinos more than ever before. This move soon turned out to be a smart one, as online casinos became a perfect gateway for Venus Point to promote some of their more shopping-related services.
Players took notice of Venus Point’s rise relatively quickly, as it provided them with an easy way to bypass the usual hassle involving credit cards, bank transfers, and whatnot. Privacy is much better than with traditional payment options, which is one of Venus Point’s greatest advantages.
Online casinos value privacy and security as well, so it was a no brainer to include Venus Point to their payment rosters. As a plethora of sites currently offer this option, it was somewhat difficult to come up with a list of worthy Venus Point casinos. Bitstarz and Playamo were the obvious picks, but we wanted more, and that perplexed us.
However, our in-house testing methodology proved to be quite useful, and we came up with a list that will satisfy all your iGaming needs. Every site we picked is 100% legal, legitimate, and thoroughly tested. Take your pick and start having fun!
New customers. Opt-in required. 20 Bonus Spins on “Sahara Riches Cash Collect” at 10p per spin and 100% Deposit Bonus up to £25 on first deposit (payment method and play restrictions apply). Min. deposit £10. 30x wagering for Bonus Spins and Deposit Bonus (game weighting applies). Max. £5/spin or £0.50/line. 30 days expiry.
First time depositors only. Min. deposit €10. Maximum amount of Free Spins is 50. No wagering. Game: Book of Dead - Spin Value: €0.10 per spin. All games are subject to availability. OJO's Reward and Game Play Policy Applies.
New customers. Opt-in required. 20 Bonus Spins on “Sahara Riches Cash Collect” at 10p per spin and 100% Deposit Bonus up to £25 on first deposit (payment method and play restrictions apply). Min. deposit £10. 30x wagering for Bonus Spins and Deposit Bonus (game weighting applies). Max. £5/spin or £0.50/line. 30 days expiry.
The minimum deposit requirement to qualify for any part of welcome bonus is 0.6 mBTC, its equivalent in other currency. Welcome package consists of: 100% bonus up to €100/1,5 BTC and 100 free spins on your 1st deposit; 75% bonus up to €100/1,25 BTC on your 2nd deposit; 50% bonus up to €200/1,25 BTC on your 3rd deposit; 100% bonus up to €100/1 BTC + 50 FS on your 4th deposit. All bonuses (unless otherwise specified) need to be wagered 35 times before the funds can be withdrawn. Time to wager - 14 days.
Free spins may not be available in all countries and are automatically credited to players residing in eligible countries upon registration. Registration Free Spins and/or bonuses have a maximum cash-out of $100.00. To receive Free Spins & Match Bonus deposit offers, players must deposit a minimum of $25.00 and select "with bonus" during the funding process. Bonus Terms & website Terms & Conditions apply.
Min deposit $20. 50x wagering for deposit bonus. Max bet with active bonus $5. Max winnings resulting from the use of free spins $50. Bonus not available to BTC, BCH, DOGE, LTC players. Free spins added after a successful deposit and 1x wagering is met. Free spins winnings subject to 50x wagering.
Bitstarz Welcome Bonus covers 4 first deposits. 1st deposit is a 100% up to €100 or 1 BTC + 180 Free Spins. 20 Instant free spins + 160 (20 per day, starting in 24 hours). A minimum deposit of 20 EUR is required to receive the 180 free spins. 2nd, 3rd, and 4th receive 50% up to €100 or 1 BTC,50% up to €200 or 2 BTC , or 100% up to €100 or 1 BTC, respectively.
Company Name:
Venus Point
Headquarters:
JAPAN
Established:
2016
The first thing that irked us about this payment provider was their reluctance to be transparent. Throughout all our instances of searching for some information about Venus Point, we came out empty-handed every single time. Simply put, there is no data about their endeavours, projects, and history anywhere on the internet.
We got in touch with some of our associates from Japan, and they were also unable to find anything useful on Japanese sites. In most cases, this is a worrying sign. A company that deals with your money and cooperates with high-turnover online casinos must provide every single bit of useless info.
It’s not just for reassuring purposes, though. When you encounter a payment provider that’s willing to be upfront about everything, you can double-check everything and verify their legitimacy on the spot.
And frankly, the whole Venus Point website is very offputting. When we first visited it, it felt like it was 2004 once again. It’s evident that the brand didn’t put a lot of effort into crafting a proper online image.
In an age where companies like Skrill and PayPal have the decency to create videos for individual features, with explanations and all, it’s strange to a brand not care about informing its customers about anything.
However, there is an explanation for all this. Venus Point mainly focuses on working with brick-and-mortar stores and merchants, as a sort of an alternative to cash and credit cards. The concept is useful at all the best Venus Point casinos because the site never actually sees or stores your personal info.
Sadly, Venus Point didn’t make iGaming their focus, so we hope things will change in the near future. When testing the platform, we had no issues with any parts of the process, whether it was connecting a credit card or converting the points into items online. Withdrawals were fast, which makes the brand’s laziness and lack of transparency even more dumbfounding.
Venus Point utilizes many of the same principles that other eWallets are based on, but with a little twist. Instead of flat out sending and receiving currency, you can claim points from merchants, send them to other merchants and convert them to US dollars.
We believe that this is one of Venus Point’s biggest drawbacks. Even though USD is the standard currency throughout the world, it’s simply not enough in an age where eWallets cater to the specific needs of every region they operate in. Since Venus Point is based in Japan, this is even more surprising.
To make a Venus Point deposit at an online casino, such as Bitstarz or Royal Panda, you need to pick VP as a deposit option at the casino you’re playing, accept the transfer request, use a form of 2FA, and the money should be in your casino account almost instantly.
When it comes to withdrawals, the process is only slightly different. Just select Venus Point as an option, use 2FA, and you should see the money in your account right away.
Yes, but this mainly depends on the policy of each online casino. Some sites we’ve encountered offered Venus Point deposits, but not withdrawals.
As we already explained in the previous section, asking for a payout is easy and painless. Sadly, it’s one of the better aspects of this payment provider.
As far as we were able to determine, Venus Point does not impose any fees on transactions, regardless of who the merchant really is. We’ve tested various casino sites and, every time, the full amount was transferred.
However, problems can arise when it comes to connecting your credit/debit card to your Venus Point account. The bank has every right to charge you a fee, but don’t worry – it’s a minute amount. Nevertheless, it can build up over time.
In 2020, this is not good customer support. The only way to contact the company is to fill out a contact form AND send them an email if they don’t respond in 24 hours or less. Yes, you read that right. Not only are they using archaic forms of communication (eWallet-wise), but they also don’t have the basic decency to respond in less than a day. Yikes.
Venus Point is by no means bad. They don’t steal money, defraud merchants, or partake in shady endeavors. If you like fast withdrawals and a no-nonsense approach, Venus Point is the best Japanese payment provider around.
However, all the excess stuff seems to be ignored. The site is useless and customer support rarely musters a proper response without falling flat on their faces. This isn’t because of maliciousness or something similar. Venus Point just doesn’t care about iGaming that much. And that’s good news because it’s a thing that’s easy to change if needed.
