The banking method is widely used in Mexico, but it faces restrictions in many countries, and withdrawals via Oxxo are not permitted.
Payment through vouchers is becoming more popular in the online gaming industry. While some banking options risk exposing users’ details, some are slow, and others charge fees.
This makes paying through vouchers one of the best options for many punters, especially those in regions with low banking and e-commerce channels.
Oxxo is an excellent provider of vouchers with solutions to the issues listed earlier. With Oxxo, you can now fund your account without exposing your banking information.
Meanwhile, you may be interested in knowing how it works and how you can use it in an online casino. You’re reading the right article. Proceed as we discuss Oxxo and guide you through its online casino usage.
Canadian Crypto Casinos Accepting Oxxo Deposits
Getting Started with Oxxo
Oxxo was created in 2017 to cater for online payment services for Mexicans who don’t have a bank account.
Oxxo is a convenience store with more than 16,000 outlets around the nation, and these outlets help provide e-commerce services to Mexicans without opening accounts with conventional banks.
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With Oxxo vouchers, Mexicans can make online payments with cash and at no cost. All they need is to checkout and select Oxxo to generate a voucher with a barcode. They’ll take a copy of the bar code to any Oxxo outlet and pay cash, and the payment is confirmed within a day.
The large outlets nationwide make the payment method the preferred choice for most citizens. Users are also certain of their safety since they only pay with cash without involving any bank account details. As Oxxo grows, it attracts online gambling operators, and most now accept deposits through it.
Meanwhile, punters didn’t need to open an account or complete KYC to use this method. Also, the method is fast, as they only need to get a voucher for their preferred amount from the authorized outlets. They can then input the code to fund their account at no cost and instant processing time.
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How to Deposit with Oxxo at Canadian Crypto Casinos
You must fund your online gambling account if you wish to wager with real money, making banking options vital.
Meanwhile, you can fund your casino account using the Oxxo vouchers.
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The process is simple and quick, and there is no cost for deposits. Follow our guide below to have an easy deposit process using the Oxxo voucher.
- Find a genuine online casino that accepts deposits using an Oxxo voucher.
- Open an account with the platform if you’re a new user. You just need a few pieces of information, like Name, address, phone number, etc.
- Go to any outlet and purchase a voucher for your desired amount.
- Log into your new online gambling sites and head to the cashier/banking section. This will reveal the deposit and withdrawal options, among others.
- Select the deposit tab to open the list of available deposit options.
- Search for the Oxxo icon and click it to continue your deposit.
- Insert your deposit amount and enter the 14 voucher numbers in the provided space.
- The deposit will reflect immediately as the transaction becomes successful.
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How to Withdraw with Oxxo at Canadian Crypto Casinos
Withdrawal is necessary whenever you have a sufficient withdrawable balance. The Oxxo payment option does not support withdrawals. You will need to choose alternative payment options for withdrawals.
E-wallets are fast and secure; you can choose the brand you like. You can also withdraw via cryptocurrencies. This will require using a personal crypto wallet. Simply head to the cashier section and choose the withdrawal tab to see the available options.
Oxxo Deposits vs. Standard Bank Transfers
Deposits through bank transfer are another common payment method, and this section compares it with Oxxo.
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Oxxo | Bank Transfer |
Payment via an Oxxo voucher is instant. | Bank transfer deposits can be delayed |
Since voucher codes are used, the user’s information is kept private. | Bank transfer exposes the user’s information to third party. |
There is no need for account creation and KYC | You must have a bank account to use this option |
Deposits through the Oxxo voucher are free of charge | Bank transfers may incur extra costs, depending on the bank and platform. |
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Pros and Cons of Depositing with Oxxo
Below are some of the merits and demerits of funding your account using an Oxxo Voucher.
- It is safe, easy and instant
- No account creation or KYC required
- There is no extra cost on the deposit.
- Doesn’t support withdrawal
- Restricted in most countries
Piastrix Payment Alternatives
Conclusion
Oxxo Voucher is an exciting banking method for online casino players. It is easy to use and doesn’t require any bank account, allowing punters to fund by obtaining a 14-digit voucher.
While the banking option is popular in Mexico, it is restricted in most nations, and you can’t withdraw using Oxxo. However, funding and payouts using cryptocurrency like Bitcoin are a recommended alternative.
FAQs
You can fund your online casino account using Oxxo, but the method does not support withdrawal.
Yes, Oxxo is safe and reliable. It is backed by the Oxxo chain store with over 16,000 outlets. Also, it keeps your information private since you only deposit with the code on the voucher
Yes, a deposit via Oxxo adds no extra cost.
No, it requires no account creation or KYC process.
Michael Leblanc,
Author of CCB