A Complete Guide to E-Wallet Casino Sites in Malaysia 2022

Using e-wallets to fund online casino accounts has grown considerably in popularity, with multiple versions of such being released to cater to the market. E-wallets offer up an alternative to standard credit and debit card deposits and withdrawals, and this comprehensive guide gives you an insightful look at them. Here, you will discover about the various online casino Malaysia e-wallet options, their pros and cons, and we’ll give you a guide on how to use them to successfully deposit and withdraw at your favourite platform.

Top 10 E-Wallet Casinos in Malaysia

You may want to know what the best casino e-wallet sites are for Malaysian gamers to join. And to assist with this, we have put together a selection of what we consider to be the top platforms in this area. Through the sites that recommend to you here, you will be able to experience e-wallet deposit casino websites and be doing so in a safe and verified environment. Have a look at the e-wallet casino platforms that we suggest signing up to.

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Best 5 Online Casinos in Malaysia with E-wallet Payment Options

So, now that you’re informed on the casinos that operate in Malaysia with e-wallets as deposit and withdrawal options, how about we give a bit more of an insight into these sites? Have a closer look at what each of these casino sites provides, and why you may find them to be an appealing option to join. We’ll also give you details on the pros and cons of each e-wallet casino.

1xBet – The Best for Supporting Multiple E-Wallets

The homepage of the 1xBet online casino

The 1xBet brand has been providing its online gaming content since 2007, making it one of the longer-running casinos in our recommended list. It provides players with the chance to deposit through five different e-wallets, including popular methods like Skrill, Neteller and ecoPayz. Withdrawals can also take place through these options, offering speedy transactions both ways. What’s more, the 1xBet casino is available as a mobile app for both Android and iOS, supporting transactions of this nature.

Anyone registering for an account at the 1xBet platform is also able to proceed with a speedy registration process. And there are over 150 different developers providing their software to the site, giving you the chance to play a fantastic range of games from slots through to table games and live dealer content. 1xBet is also licensed and regulated by the jurisdiction of Curacao, and you will be able to claim a welcome offer after depositing for the first time.

What We Like:

  • Great range of e-wallets supported
  • Fantastic collection of online games
  • Supports software from multiple developers
  • Long-running brand
  • Mobile app for Android and iOS devices

What We Don’t:

  • Verification process can be long-winded

Rabona Casino – Supports E-wallet Users from Around the World

Rabona Casino online casino

This online casino is one of the more recent launches to come to light, opening its virtual doors in 2019. Yet Rabona has swiftly risen through the rankings, becoming a popular platform for many users around the world to join. Registrations can be made from many countries, and the website also supports a multitude of languages at the same time. When it comes to depositing and withdrawing, users have the ability to utilise Neteller, Skrill and ecoPayz, amongst the strong selection of methods.

Rabona Casino is also able to be played via a downloadable mobile app, which is accessible on both Android and iOS devices. Players can look forward to 24/7 live chat support as well, offering assistance around the clock. The platform features a variety of other gambling options as well as a casino too, such as the sportsbook, arcade games section, crash games and so on. And with a great welcome offer to claim after depositing, Rabona has a lot to offer.

What We Like:

  • Supports registrations from many countries
  • Offers a fantastic mobile app
  • Exciting welcome offer
  • Great choice of gambling options
  • Masses of payment methods available to use

What We Don’t:

  • Has a lot more focus on its sportsbook than the casino games

22Bet – Works with Multiple Currencies and Languages

The casino and some of the games at 22Bet

There is a lot to enjoy about the casino at 22Bet, including the fact that it supports e-wallets for deposits, but also a mass of cryptocurrencies. You can also benefit from unlimited withdrawals as a member of the platform. Plus, it allows players to deposit and withdraw in a number of currencies, while viewing the casino itself in a great selection of languages. Add to that the fact that this e-wallet casino in Malaysia has a wonderful layout, making it easy to navigate around, and you’ve got something enjoyable to experience.

Around 20 software brands offer their games up to the 22Bet casino, which may not seem like a lot, but it works with some of the very best. This includes Pragmatic Play, Evolution, Asia Gaming and Ezugi, to name but a few. Therefore, you can expect to experience a high-quality gaming session as a player at this platform.

What We Like:

  • Allows deposits in numerous currencies
  • Supports many methods of payment, including e-wallets
  • Unlimited withdrawals available
  • Works with top-quality developers
  • Site is viewable in multiple languages

What We Don’t:

  • Has been guilty of slow payment processing in the past

W88 Casino – An Excellent Choice for Neteller Users

The homepage of the W88 online casino site

When you visit the W88 online casino, you will see that the Neteller e-wallet option is promoted as the most supported payment method there. This is ideal for anyone looking to make a deposit via that e-wallet, although it does support others as well. Malaysian ringgit is supported at this e-wallet casino, giving you much more of a localised experience when playing there. And once you have proceeded with successfully depositing funds into your account, you can play a great selection of games, both RNG and live dealer.

Should you ever come to a point of needing assistance while playing at W88 Casino, you can contact the support team on a 24/7 basis. And this is accessible via the live chat function at the site, too. Those people who prefer to play online games via a mobile device will be able to do so through the Android and iOS apps from the casino. Plus, it holds a licence from the Cagayan Economic Zone of the Philippines.

What We Like:

  • Supports Neteller as a primary payment method
  • Features both RNG and live dealer games
  • 24/7 customer support via live chat
  • Mobile app for iOS and Android
  • Various gambling opportunities on hand

What We Don’t:

BK8 – Our #1 Online Casino in MalaysiaBK8 online casino Malaysia home page

BK8 ranks highly on our list of best online casinos in Malaysia because it ticks all the right boxes for what a good casino should be. It excels in many key areas, and you will likely find anything you want on this site.

It is no slouch either when it comes to casino payments. BK8 specializes in the Southeast Asian market and targets Malaysian punters directly. For this reason, you can find a full Malay version of the casino here and gamble in MYR directly. There’s also a vast selection of games covering all the top genres. You can find many of the biggest developers in the market – like Pragmatic Play and Evolution Gaming – at BK8.

Pros:

  • Targeted at the Malaysian market
  • Excellent mobile apps
  • Pay and bet directly in MYR
  • Huge range of casino games
  • Malay website available

Cons:

  • ‘Multi-site’ approach could prove confusing for some

What is an E-Wallet?

The word e-wallet is a shortened version of electronic wallet, meaning that it works as a virtual wallet for you to store funds in. Just as is the case with a real-life wallet, any money you wish to store in it can be added by one of several supported ways. And then you can proceed with spending the money within the e-wallet as you like. Some of these wallets allow you to link them up to a bank account that you possess or even a credit card, while others tend not to store any kind of personal information in this way.

The type of e-wallet you decide upon using will usually depend upon how much information you are comfortable with giving out. Most e-wallets work with both desktop and mobile devices though, giving you the chance to use them wherever you are. Services such as Neteller and Skrill also offer apps that you can download so as to make mobile payments with them a lot quicker, and effectively easier.

Using an e-wallet is a simple process, which just requires you to sign up for an account with the company you’re intending to utilise. Then, you either link a bank account or card to it, or you upload funds to the wallet itself via one of its supported methods. That money is then in the wallet for you to distribute to sites, including those that are considered e-wallet deposit casino sites, as you see fit.

Why Use E-Wallets?

If you’re considering signing up to a casino as an e-wallet user, then you may want to know more about why it’s a good idea to do so. What benefits do they provide to you, and what can you expect when depositing through one at an online casino site? Well, as it happens, there are several reasons why joining an online casino in Malaysia with e-wallet support is beneficial for you.

First of all, they provide you with the opportunity to make one-click transfers of your money. Whereas bank transfers and card deposits require a lot more information and take a bit of time to proceed with, at an e-wallet casino in Malaysia, you can experience a speedy transaction. Simply select the e-wallet you want to use, enter the amount of money to deposit and then insert the username/ID code of your e-wallet account. It’s a simple and functional way of depositing and withdrawing at a casino.

There is also an added layer of security when it comes to transacting via an e-wallet, which is especially true when compared to card deposits. Online security is a prime focus for many people when it comes to money, and e-wallets can provide extra peace of mind. You don’t have to share any banking data with the chosen casino in Malaysia with e-wallet support. The e-wallet works as a sort of middleman, so it only transfers the required funds and your personal banking data is kept safe and secure.

The speed of e-wallets when it comes to both depositing and withdrawing is something else to highlight. While almost all depositing methods offer instant transactions, withdrawals can prove to be a lengthier affair. This isn’t the case when it comes to e-wallets. Usually, once you have requested a withdrawal, the pending period is the only timeframe that you have to wait through (which ideally should be no longer than 48 hours). Afterwards, the requested funds should be dispatched to your e-wallet account, and that is a lot speedier than card or bank account withdrawals.

It’s also key to note that you can fund an e-wallet through numerous other payment methods for the most part. Options like Neteller and Skrill support uploads of funds through bank transfers, cards, from other e-wallets, cryptocurrencies, and even more. You’re essentially not as heavily restricted with where the funds are coming from this way, as you may be if you want to deposit directly to your chosen Malaysia casino.

A final note to remember regarding the use of an e-wallet casino is that this payment method is very much portable. In this instance, even if you’re not at home, you can deposit and withdraw through an e-wallet via a mobile device. Most of the big-name electronic wallets have their own app for you to download to an Android or iOS device, and this allows you to not only transact with them but keep track of all your spending in real time.

The Best E-wallets to Use at Malaysian Casinos

While a few different e-wallets have been created for people to use, not all of them can be considered as the best ones, and not all of them are available to Malaysian gamers, either. It is therefore ideal to know which services can be considered as the best e-wallet to deposit at casino sites through for you. Have a look at the wallets that we recommend using below.

Neteller

An e-wallet casino that can be considered trustworthy is one that readily supports Neteller transactions. The company behind it was founded in 1999, operating out of Canada, before it moved to the Isle of Man in 2004. Yet even prior to this time, the company had started processing online gambling payments. This began in 2000, and it became responsible for processing payments for around 85% of the world’s gambling merchants. Therefore, at the time, 95% of revenue for Neteller came from transfers to online gambling platforms. Many of those users were based in the USA, where deposits and withdrawals to and from such sites was difficult at the time through other methods.

Anyone registering for a Neteller account can open such in one of 26 major currencies. Money can then be uploaded to the account from a bank account, credit/debit card or one of about 40 other supported methods. Different countries support different upload methods. In 2003, Neteller also introduced its Net+ card, which provides users with a Mastercard prepaid debit card, allowing them to spend money within their Neteller account which has been preloaded to this.

Skrill

Alongside Neteller, Skrill serves as one of the world’s best-loved e-wallets. While the brand was launched in 2001 in the United Kingdom (previously going by the name of Moneybookers), it was purchased by Investcorp in 2007 – this was around the time it had become established as one of the most popular e-wallets. The rebrand to Skrill occurred in 2013, and CVC Capital Partners took over the service in the same year. Optimal Payments acquired it in 2015, which is now known as Paysafe, which also offers the Neteller service!

The company continues to operate under the Skrill name though, offering a multicurrency wallet to users for handling online payments, making transfers and, of course, storing money within the wallet. More than 40 currencies are supported by the wallet, and it has become known as a highly respected option for gamers to use at gambling sites. Anyone meeting certain spending thresholds via their Skrill account can also enter into a VIP membership, offering lower money upload fees and higher transaction limits.

ecoPayz

If you’re looking for secure online payments, then you also have to consider using the ecoPayz e-wallet for casino gaming. With an account at ecoPayz, you can receive, send and spend money across the world, and do it all from a single wallet account. It’s free to open an account with the brand, and this only takes a couple of minutes to do. You don’t need a bank account or a credit check, either. The account can be topped up via several different ways, making it suitable for many people to utilise.

Despite being active since 2000, ecoPayz may not be as well-known as Neteller or Skrill. The primary reason behind this has likely been accessibility and availability in the initial stages. While its two contemporaries were providing their services worldwide to online casino sites and the like, ecoPayz was quite limited. However, in more recent times, the affiliates program has seen the brand rise through the rankings, and many online gamers now choose to utilise it as an ideal casino e-wallet. It is just as effective and easy to use as the two other e-wallets mentioned here, and like them, it has its own mobile app to download.

Step-by-Step Guide on How to Use E-wallets at Online Casinos

If your interest in playing at an e-wallet casino has been piqued, then you may want to know even more about them. This could include how to actually open an account and set it up to make deposits at your favoured casino in Malaysia with e-wallet support. That’s what we’re here for, so follow this step-by-step guide to learn more about using an e-wallet to deposit at a casino. We are using Neteller and Dafabet casino in our examples, but the process is much the same for any e-wallet casino.

Step 1 – Open an E-wallet Account

Registering for an e-wallet account with Neteller

Your first task is to sign up for an account with a preferred e-wallet service. This requires you to visit the official website and click on the relevant button to sign up. You will then be required to fill out certain pieces of information, including your name, country of residence, and the preferred currency you would like your account in. After opening such, you will be required to verify this with an SMS sent to your mobile device, so make sure all information is correct when registering.

Step 2 – Fund Your E-Wallet Account

Adding money to your Neteller e-wallet account

With your e-wallet account open, you can upload funds to it, which you can then use for funding your trusted e-wallet casino account. Different methods for uploading funds will be available to different countries, but you can see all of them on the respective e-wallet websites. The ones that are available to you will show up when you select to pay money into the wallet, and the fees associated with doing so will also be displayed. Simply enter all relevant details to transfer the money to your wallet.

Step 3 – Select Your E-Wallet Casino Site

Registering for an account at the Dafabet online e-wallet casino

Choosing an e-wallet casino site is something that you should do after checking into the different recommendations. Different casinos bring different features to the fore, and this isn’t just in terms of it as an e-wallet casino. The inbuilt features of the site will also differ, giving you alternative games and other perks to enjoy. Make your choice carefully and then sign up for an account by going through the registration process. This should take no longer than a couple of minutes and will open you a casino account to use.

Step 4 – Fund Your Casino Account

Selecting Neteller to fund the online casino account

It is then necessary to visit the cashier page of the online casino you have chosen, and there, you can select your preferred e-wallet from the selection that are available. You will then be asked for your email address which is associated with your e-wallet account. A deposit amount should also be entered at this stage. Simply hit the deposit button to proceed with the transaction, where you will be required to enter your username and password for your e-wallet account.

Step 5 – How to Withdraw Your Funds to Your E-Wallet Casino Site

Making a withdrawal from the Dafabet casino via Neteller e-wallet

Withdrawing from an e-wallet casino should be as easy as making a deposit to one, and using Neteller (or any other e-wallet, for that matter) is definitely able to provide an easy time. You will see the minimum and maximum withdrawal amounts on display, and once again, you simply need to enter your Neteller e-mail address and the amount you wish to withdraw from the casino. Your request can then be submitted.

Step 6 – How to Withdraw from an E-Wallet to Your Bank

Withdrawing from Neteller back to another payment method

There may come a time when you want to take the money out of your online e-wallet account and send it to a card, bank account or other payment method. Different e-wallets support different options for this, and it is important to note the fees that are charged on transactions of this nature. You just need to login to your e-wallet account and select the withdrawal option before choosing where you want to send the money. All fees will be displayed to you before you confirm the withdrawal.

E-Wallet Casino Payments

As noted a few times previously, e-wallets come with certain fees and other expenses to remember. While the transactions to and from online e-wallet casino sites should be free to process, it is usually the upload and withdrawal of money to and from your e-wallet itself that comes with extra charges. It is the duty of the e-wallet service provider to inform you of those fees before you confirm an upload or withdrawal, and you will find these charges clearly stated on the respective e-wallet websites. If you were to upload RM 1,000 to your Neteller account via Visa card, for example, you would also be charged a 2.5% fee (equating to RM 25) for that money to be added to your e-wallet. In the same vein, if you were to proceed with requesting a withdrawal from that e-wallet via Visa, a fee of up to 3.99% would be charged.

International money transfers can also be done via some e-wallets, including Neteller. There will always be a transfer fee in place for such activity, with Neteller charging 4.99% for this. If you want to send money to other Neteller users, then you would be charged 2.99% for such a transaction. And these fees differ from e-wallet to e-wallet. Buying and selling cryptocurrency may also be possible through your chosen e-wallet too, which has extra fees to pay.

It is key to note that there may be fees in place for the provision of inaccurate information, the reversal of an incorrect transaction, any time a chargeback is requested or if a requested transaction is prohibited.

When adding money to an online e-wallet casino, you should take note of any minimum and maximum transaction amounts. E-wallets will often be restricted more so than say a bank transfer or a card deposit, for example. And this amount may differ between each supported e-wallet as well. The same is true when it comes to withdrawing money via an e-wallet. Just be sure to keep informed on how much you can and can’t transfer.

One other thing to remember about using e-wallets is their speed. When compared with traditional payment methods such as credit/debit cards and bank transfers, for example, they are much faster. This is especially true when it comes to making a withdrawal from your e-wallet casino account. Often times, the funds can be transferred within 24 hours of the pending period (set up by the casinos themselves), meaning that you can get your hands on your money swiftly. And while sometimes it can take up to a couple of days after this timeframe to receive your money, on the whole, e-wallets are generally a lot faster than other payment methods.

E-Wallet Casino Signup Bonuses and Free Spins

It isn’t simply a case of choosing an e-wallet casino due to it supporting such a payment method or due to the games on hand in the lobby. It is also necessary to consider the special promotions that such platforms provide. Signup bonuses are available at each of the online casinos recommended here. And while none of them can be considered as a free credit e-wallet casino, the welcome offers remain available regardless of the method used to deposit. Here, we will highlight some of those inviting signup bonuses for you to take advantage of at an online casino in Malaysia with e-wallet support.

Neteller

If you choose to make a deposit through Neteller, then you won’t be restricted as to receiving bonuses or free spins, should they be available, from your chosen e-wallet casino. While it has become quite common for some online gambling sites to restrict players choosing to utilise such, our recommendations do not deny you this possibility.

If you use Neteller to deposit funds at the 1xBet online casino, for example, then you will be able to claim the welcome package. This consists of up to RM 7,000 and 150 free spins across your first four deposits. There is a bonus wagering requirement of 35x that needs to be completed within seven days as well.

Skrill

Even though the Skrill brand is owned by the same parent company that provides Neteller’s services, it does have different perks and features involved for users to benefit from. When it comes to claiming special offers at the sites we have recommended to you though, there is no difference. You will still be able to utilise Skrill for your deposits and claim the respective bonus offers at the same time.

In this respect, we recommend joining the 22Bet casino in Malaysia with e-wallet support. When you proceed with making your initial deposit through Skrill, you will also be able to receive the signup bonus of up to RM 1,500. This exists as a 100% bonus on top of your deposit, and it has a wagering requirement of 50x to complete, too.

ecoPayz

Using ecoPayz is a great way of funding your chosen online e-wallet casino. And it is becoming more and more accepted at different trusted e-wallet casino sites. The process of using ecoPayz to fund your account is pretty much the same as it is with the other two e-wallets mentioned. In this respect, there is little to stop you from claiming a welcome bonus at a casino alongside.

Such is the case at the Rabona casino site. This site does not allow users of Neteller or Skrill to receive the welcome offer, but nothing is noted about restricting ecoPayz users, so the 100% up to RM 2,315 and 200 free spins on your first deposit is easily obtainable this way. Wagering requirements on the bonus funds stands at 35x, while on the free spins wins they are 40x.

E-Wallet Pros and Cons

As we come to a close on this detailed e-wallet casino guide, we thought it would be best to highlight some of the pros and cons that come with using e-wallets at online casinos. Take note of these, because they tend to apply to all the different e-wallet options. The pros and cons surrounding a casino with e-wallet support are as follows:

Pros:

  • Higher level of security than many other payment methods
  • Speedy withdrawal transactions
  • Often times can be cheaper than using a bank transfer
  • Possible to use via mobile apps for Android and iOS devices
  • Upload of funds to the e-wallet can be done via numerous options
  • Large number of online casinos supporting e-wallet transactions

Cons:

  • Fees charged for uploading funds to and withdrawing from the e-wallet
  • Some Malaysia-friendly casinos don’t support e-wallets at all
  • Some e-wallets are restricted when it comes to receiving special offers

Takeaway on E-Wallet Casino Sites

Having reached the end of this guide, you will understand how helpful e-wallets can be when it comes to depositing and withdrawing at online casino sites. They offer fast, secure, anonymous transactions up to players who have no other way of depositing and withdrawing. And while there are those casinos that still do not support transactions via e-wallets, more and more are becoming accustomed to the demand for such being made available. Therefore, new casino e-wallet sites are frequently opening their doors, too. Why not join one of them yourself and find out how easy it is to use an e-wallet?

FAQs

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Jack Schiffko

Jack is a freelance writer working in the iGaming and betting industry for over seven years. He is specialized in football and tennis betting but has also plenty of knowledge in betting on all kind of sports.