Online gambling enthusiasts often search for Boku casinos, as this payment option provides a high level of security, privacy, and convenience. If you’re new to Boku, or you’re looking for casinos that accept it, then this article is for you.
Boku is a mobile payment provider, where your transactions are charged to your monthly mobile bill. All you have to do is type your phone number to initiate the transaction, as there are no logins or long card numbers to remember. Read on to find out how to use it, how it compares to other options, and more.
Payments are as easy as entering your phone number
Don’t need a bank account to use Boku
Payments are secure since not sharing sensitive data
Maximum daily payments are low
Making a Payment at Boku Casinos
The process for making a payment with this payment provider works like this:
Go to the casino’s Cashier and select the deposit option.
Choose “Boku” or the “pay by mobile” option.
Enter your mobile number and the amount you wish to deposit.
Reply “Y” when Boku sends you a confirmation text.
That’s it, as you don’t need to enter any account numbers or username/passwords, and the funds should appear instantly in your casino account.
Deposit – but No Withdrawals – at Boku Casinos
While you can make a deposit into your account at online
casino sites, withdrawals aren’t supported, meaning you’ll need to consider different
casino payment methods, like a bank transfer, debit card transfer, or an e-wallet such as PayPal or similar.
In addition, you may find that there are certain limitations on your Boku deposits. Specifically:
Daily caps: Which are usually $30 CAD per day.
Monthly caps: Which usually range from $240 to $300 CAD per day.
While you usually don’t have any fees from Boku, some mobile providers may charge a fee up to 15%, so always check if there are any fees before you commit to making the deposit.
Boku “low-friction” Verification Requirements
Boku is designed to be low-friction for payments, especially compared to other banking institutions that require heavy documentation. This payment provider relies on Mobile Network Operator (MNO) data to confirm your identity. This means you usually don’t need to provide any extra verification to use Boku, as it’s working in the background on “soft” KYC requirements.
For example, Boku pulls information about the age of your mobile account, and any account that’s suspected of being linked to a burner phone will be blocked from gambling transactions on
casino apps in Canada.
However, while Boku may not request any verification from you, keep in mind that the casino will. You’ll need you to upload a government-issued ID to prove your age and residence, usually before you even place your first bet.
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The History of Boku
Boku is a play on the French word “beaucoup,” and it seems that the founder’s ambitious name rose to the challenge of conducting a high volume of transactions.
The payment method started in 2008 in California right after the financial crisis, and it began as the merger of two other mobile-payment services, Paymo and Vidicom. The founders – who came from impressive tech backgrounds – realized that there were people without bank accounts who needed to make payments, and virtually all of them had mobile phones. This created the idea of charging payments to the user’s monthly phone bill, rather than a bank card or similar method.
In addition, the people running the company also capitalized on the fact that typing a credit card number into a browser is tedious, and it usually requires that user to get out their card or bank account number since they don’t have it memorized. Everyone knows their phone number, plus it’s more secure to type a phone number into a browser or app versus sharing sensitive credit card numbers, banking account numbers or other data.
Here are the highlights and milestones in Boku’s development:
2010-2013: They secured big partnerships with Facebook, Riot, and Sony. From there, they expanded globally.
2014-2017: Boku strategically acquired other brands to reduce competition, and in 2017 they went public on the London Stock Exchange.
2019-today: Boku has positioned itself as an alternative to credit cards, and $15.5 billion in revenue with 115,000,000 customers around the world.
As you can see, this payment service provider has a solid history backed by big partnerships. But how does it stack up to other payment methods, especially at casinos?
Boku Payments Compared to Other Payment Methods
Players are often looking for casinos that accept Boku because of the convenience, security and privacy. It’s worth noting that this is a good option for casual players, while more serious players and high rollers should look for alternatives with higher limits.
Here’s how Boku stacks up to other common payment methods:
Feature
Boku
Credit or debit card
Bank transfer
e-Wallets (PayPal, Skrill, etc.)
Fees
0 from Boku, up to 15% from mobile providers
Low for debit, credit cards may charge high transaction and interest fees
Low / zero
Low
Deposit speed
Instant
Instant
Slow
Instant
Privacy
High
Low
Medium
High
Limits
Low (~$30 CAD per day)
High
High
Medium-high
Withdrawals possible
No
Yes (primarily debit cards)
Yes
Yes
Device
Mobile phone only
Any
Any
Any
As you can see, the low payment limits and the fact that you can’t withdraw back to Boku are the two main factors that make players look for alternatives. Here’s what else you need to know about this payment method.
Three Essential Facts About Using Boku at Casinos
Whether you’re already using this payment option or you’re merely considering using it, here are three essential facts to keep in mind:
đź”’ This payment method is highly secure
One reason that players look for casinos that accept Boku is because you don’t need to share sensitive credit card numbers, banking account numbers, or even type usernames and passwords into their phones. Instead, all you have to do is type in your phone number. Even if someone hacked your device and collected your phone number, which is likely public anyway, they can’t steal any money from you.
The only way someone could charge items against your mobile phone bill is if they stole your physical phone, as they’d need to intercept the text message and confirm that they want the transaction processed. And if someone actually did steal your phone? The low daily transaction limits further protects you.
🔍 Boku provides a high level of privacy
When you don’t want your financial institutions to know what you’re doing, Boku is a safe and private option. For example, if you’re interested in taking out a mortgage or other major loan, the potential lender is going to review your financial statements. If you have gambling transactions on those statements, even if you’re a 100% responsible gambler, that’s still going to throw up a red flag to the potential lender. Using Boku helps shield you from these prying eyes and protects your privacy.
đź’° Set up your withdrawal method upfront
Since you can’t withdraw back to the Boku, you’ll need to set up an alternative withdrawal method, such as a debit card, bank transfer, Skrill, PayPal, or another option that’s accepted by the casino. It’s a good idea to do this upfront, as well as complete the required KYC identity verification.
Final Thoughts on Boku As a Payment Option at Casinos
Boku is a solid option for depositing at both established and
new online casinos, as it’s incredibly simple, convenient, private and secure. One downside is that you can’t withdraw back to Boku, so you’ll need to set up another option. Another potential downside is that the daily and monthly transaction limits are low. That may not be a problem for casual players, but other players are going to run headlong into those limits almost immediately.
If you’re interested in finding casinos that accept Boku, all you have to do is check the banners on this page, and tap any that interest you.
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Boku Casinos FAQs
In most cases, no, the casino doesn’t charge a fee. However, some mobile providers charge up to 15%, so check with your provider before you use this payment option.
In most cases, the answer is yes. Instead of charging the amount to your monthly invoice, your transaction amount will be deducted from your prepaid amount. If you don’t have enough funds in your prepaid balance, then the transaction will be declined.
You can check the banners on this page for gambling sites that accept this payment method.
