SPEI Casinos

In this guide, we will discuss how Spei payments can be used to make deposits at online casinos and why they can be a great option for those looking to play at an online casino without traditional banking methods. We will also cover some of the best online casinos currently accepting SPEI payments.

What are SPEI Payments

Spei payments is a Mexican funds transfer system that is starting to gain traction with local online casinos. It technically allows peers to make electronic and automated transfers 24/7 which are settled almost instantaneously. It was developed by the Bank of Mexico in 2004 and it has an increasingly large application – for casino payments, mortgages, school and many other fees. Users can also transfer funds between each other at minimal costs and with great efficiency.

Aside from the low costs and high-speed, SPEI payments boast excellent security. All transactions are executed within a single, closed system and are based on digitally signed messages. In other words, payments can only be done with authorized digital credentials in accordance with the security standards of the Bank of Mexico.

SPEI works in many ways like standard bank transfers. The user needs to have a verified bank account and the receiver’s data – debit card number, CLABE code or 10-digit phone number. More on that, you can find out down below.

How to use SPEI Payments at Online Casinos

To make Spei payments at an online casino supporting the service, you would need of course a bank account with a bank supporting SPEI payments. It is in many ways identical to a standard online banking account, with a few extra layers of security when it comes to creating access credentials.

Assuming you have already set up your SPEI account, you would then have to sign in to your casino account. From the list of payment options, you need to select SPEI and pick the required deposit amount. Once that is taken care of, you will be redirected to log in to your bank account. Don’t worry, this happens through a secure payment gateway, so the casino itself has no access to your credentials. Once you sign in, simply confirm the transaction and with that, you will get a confirmation email for your payment. The whole process literary takes minutes – from the moment you pick the desired top-up amount to the moment your casino account is topped up and ready to go.