Thanks to the Visa and Samsung Pay partnership, the mobile payment app offers Samsung lovers ways to pay deposits and withdraw winnings from most sites, allowing players quick access to payouts.
With the app, winners can withdraw cash into their Samsung Pay app and directly into any verified debit or credit card account in a few easy steps.
- Open the app on your device. Open the Samsung Wallet app from your home screen and login.
- Withdraw from your favorite casino site. Select the Samsung Pay or Visa icon as a preferred withdrawal method. The app will automatically input your card number, digital account number, and all the other necessary information for a successful and secure transaction.
- Add your withdrawal amount. Ensure your banking details are correct, and add the amount you would like to withdraw.
- Receive your winnings within a few days. Withdrawals may take a few business days to reflect in your account. Casinos need to process the payout followed by your bank service provider. It can take one to five business days as banks in various regions have different processing times for incoming funds.
Mobile withdrawals that use Samsung Pay's biometric authentication don't have a daily limit, and leading casinos often allow over $5,000 in a single transaction.
However, casinos and a player's financial service provider can set minimum and maximum limits that apply to their accounts.
Samsung Pay Processing Fees & Times
Similar to a physical card with Magnetic Secure Transmission (MST) technology, a card reader will process payments immediately if customers use Samsung Pay at a payment terminal. Transfers will also instantly be processed when used on a contact free symbol in-store.
On the other hand, NFC payments from a Samsung account usually take one to two business days to process.
The app's transfer processing times change due to various elements impacting processing speeds. These factors include the player's bank providers, location, currency exchange, and the business receiving the payment.
Like Samsung's payment processing, withdrawal processes differ depending on the casino making the payout and the player's financial service provider's processing system.
Other aspects that influence withdrawal processing are the need for currency conversion and the location of the payer and the payee.
Creating an account for Samsung Wallet and Pay is free, and the apps don't charge usage fees. There are no overdraft, account management, or convenience fees to worry about either.
Its policy of no in-network ATM fees also means players can withdraw 55,000 ATMs worldwide.
The only fees that apply to Samsung's payment apps are cellular network data charges because the apps require an internet connection to make Samsung Pay work.