Payment verification is needed to ensure that the payment method being used to deposit is legitimate and not being used fraudulently. Players must only deposit using a method that is in their own name. Another such measure is the requirement for users to submit all deposit methods/bank cards used within the last 6 months.
Bank cards
When submitting bank cards, users are required to provide a clear and visible image of their first 6 and last 4 card numbers, their full name, expiry date, and all 4 edges/corners of the bank card. This information is required to ensure that users are using legitimate payment methods and to prevent fraudulent activity. It also allows the casino or betting website to verify the user's identity and age, which is a legal requirement in many jurisdictions.
Interac
Verifying your Interac payment method is an important step in ensuring a secure online gambling experience. To verify your Interac payment method, you may be required to provide one of the following:
Download a full bank statement in PDF format with the list of transactions, the account holder's name, and the account number specified. This statement should show that you have made a recent deposit to the casino using Interac.
Upload a screenshot from your bank account with the account holder's name, account number, and the details of the deposit to the casino visible. This screenshot should clearly show that you have made a recent deposit using Interac.
Provide a screenshot from your statement with the account number and account holder's name visible, along with a screenshot of the latest deposit with the amount and last 4 digits of your account number visible. This will confirm that you have made a recent deposit using Interac and that the account belongs to you.
Crypto
Players who deposit with crypto have no requirements to get their payment method verified. However, on your first crypto withdrawal, spinbit.com will complete KYC verification - you’ll need to provide Proof of Identity and Proof of Address to proceed.
Skrill
To verify Skrill as a payment method - we ask that you screenshot your Skrill profile/account page that details the email and name connected to the account. Our verification team use this evidence order to confirm you are the owner of both the Skrill and SpinBet account.
Paysafe
When submitting Paysafe vouchers, users are required to upload the full receipt that details the sum, merchant, date and most importantly - 16-digit code.
If you deposit with Paysafe regularly or have lost a receipt - do not be concerned. We only need to verify one receipt and this deposit method will be classed as verified for the remainder of time that you are a player.
While some users may be hesitant to provide this information, it is important to remember that it is done in the interest of promoting responsible gambling. By verifying users' identities and payment methods, online casinos and betting websites can ensure that only those who are legally allowed to gamble are able to do so. This helps to prevent underage gambling, which can have serious negative consequences for young people.