American Express has just begun its career in the Philippines. It has existed for over 100 years and is considered a highly reliable payment method in the world.
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American Express as a payment method offered by Philippine casinos
American Express recently arrived in the Philippines and has not yet gained widespread use among casinos. Therefore, Filipino players cannot use it for deposits and withdrawals on gambling sites. So why are we making this guide? To instruct you on how the method works so that you can use it as soon as your desired casino places the Amex logo in the deposit section.
Until then, we will present you with three casinos with a lot of alternative payment solutions. These are 22BET, PNXbet and Betwinner. Each of these gambling sites provides generous bonuses for new Philippine users and safe payment systems. You can check out some of the payment alternatives at the end of the text. But first, let’s explain how American Express works.
What is Amex and how will players be able to use it in Philippine casinos?
Amex is a brand that is 22nd in popularity in the world and has over 100 years of experience. Although originally engaged in postal services, the company has mastered the financial business. Due to the security of transactions through SafeKey verification, mobile applications, and other benefits, the method is spreading rapidly worldwide. It has recently arrived in the Philippines, where it is expected to be used in the most reputable gambling sites.
The creation process of the American Express account
A 4-digit ID card and a 15-digit card number are required to create an Amex account. You will then be prompted to specify a username and password. The username must be at least 5 and at most 20 characters long. Spaces must not be made. The password should not be shorter than 8 characters or longer than 20. What it must have are at least one letter and number. You can insert special characters in your password too, and it is not case sensitive. For the additional information about yourself, you must provide the following:
- Current address
- Social Security Number, and other
After successful registration and providing all required information, you can log in. To log in, you must fill in two fields, which are “User ID” and “Password”. The next step is to verify the new account.
Verification of the account that the player has just created
Since a small amount of data is required during registration, verification is somewhat more complicated. However, we will try to explain it as simply as possible. To verify your Amex account you need to provide the following information and proceed like this:
- Lon in into your new American Express account
- Find the verification field
- Enter the source of income and annual salary
- Select your bank and log in via iDIN
- Insert a photo of your ID or passport using Onfido (both sides of the document must be photographed)
iDIN and Onfido are programs that enable verification on the Amex platform. The verification process takes 15 days to confirm. If users have additional questions related to this process, they can contact customer support by phone. Telephone support is possible via the national Philippine number or international.
How to gamble using American Express at real money casinos?
Now that you have your verified American Express account, you can use it for gambling. Withdrawals and deposits can be made in multiple currencies including the Philippine peso. If you choose USD, EUR, or another currency, the conversion will not cost you much.
A brief guide to the Amex deposit process
To make a deposit at a Philippine casino using Amex, first, make sure that the site accepts this method. As we have said, this payment system is still on the rise in the Philippines, so it is not widely accepted. Once you find a casino that provides American Express, do the following to make a deposit:
- Create an account on the selected site, or if you have done so before, log in now.
- Usually, at the top of the page, you will see the “Deposit” field – click on it.
- You’ll see a drop-down list or otherwise sorted available payment systems – click on the American Express icon.
- A new page will open in which you enter the data related to your Amex bank card. Also, you will need to determine the amount of money you want to deposit.
- Then, the SafeKey program will send you a transaction confirmation code either by email or on your mobile device.
- Finally, copy the code to confirm the transaction.
There are no intermediaries during the transaction. So, deposits will be very fast. Transportation of funds via Amex to a casino account happens instantly. Minimum deposit limits may vary. You will usually need to invest at least $10 to $20 which is 547.71 PHP or 1095.42 PHP. Additional fees on deposit transactions will not be charged.
Withdrawal of funds from Philippine casinos
Once you have invested in the casino games and made a profit, you can complete the withdrawal process. For payout, you do not need any additional data that you did not use during the deposit. The process is simple. Log in to your casino account first, then access the withdrawal section. Select American Express from the available payment systems.
A field will open in which you enter the name of the cardholder, the three-digit security code, and everything else that was required of you during the deposit. Finally, you need to confirm the payment and wait for the money to appear in your Amex account. But, how long will you wait for the money to arrive? In the best case, the money will be transferred to you within 24. However, the payout deadline is 5 working days. Like deposits, withdrawals do not involve transaction fees.
American Express welcome bonus
When Amex is offered in Philippine casinos you will be able to use it to activate the welcome bonus. The welcome promotion is awarded to each newly registered player depending on the amount of the first deposit. Bonuses can come in different currencies. For example, if you log in to the 22bet site, the welcome offer will be in PHP. The Betwinner bonus is in euros and at PNXbet in dollars. However, the currency in which you receive the welcome bonus does not matter. It is significant that the deposit percentage awarded to you is high and the wagering requirements are low.
Pros and cons of Amex
In the table below on the left, look at the main advantages of this method, while on the right, check out some of the disadvantages.
Alternative methods until Amex reaches popularity at Philippine casinos
Until Amex appears in most deposit sections throughout the Philippines, you can use some of the following payment options. First of all, we would like to suggest you Gcash, which is one of the most famous methods in this area. In addition, you can try out cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and others. There are, of course, e-wallets like PayPal and others, bank cards, and other payment systems. If you register on a licensed casino site you will not have to worry that you will be offered unreliable deposit and withdrawal options.