Boloro Casinos - Safe Deposit

In today’s digital era, everyone says that the future of the world is online. But what if we told you the opposite is true? What if, due to the increasing safety concerns around cyber security, the best way forward is backward? What if the future is offline?

That is where Boloro payments come into play. Boloro is a mobile payment network that understands that the internet was never designed for secure transactions. In a world filled with hacking, login breaches, malware and other forms of fraud, it is important to keep your payments and authentication disconnected from the internet in order to make it safe.

Boloro has done all the legwork for this new future of offline payment authentication. How, you may ask? Let us take a closer look. On this page, you will find everything you need to know about Boloro payments and more.

Boloro Casinos - Safe Deposit
Emily Thompson
Written byEmily ThompsonWriter
Researched byPriya PatelResearcher
Localised bySamuel KipropLocaliser
What is Boloro?

What is Boloro?

Boloro is a product of a global company, Boloro Global Limited - a technology provider that provides simple and unique solutions to prevent fraud, allow financial inclusion and promote transparency. Boloro Global Limited is a Delaware business founded in 2009 and headquartered in New York City, with operations in countries such as India, parts of Africa, the Middle East, the Americas, and Europe.

A mobile platform that is ideal for all forms of identity verification when making transactions, Boloro truly is an innovative service in today’s connected society. So, how does it work? Boloro avoids the risks and dangers of the web and operating systems by using a secure signalling layer that is tied to the mobile device, used by the government to broadcast emergency Amber alerts to users. It is a multi-factor and multi-channel solution that works on smartphones without the need for any APP or network, thus leaving no digital trace in the handset’s memory. Additionally, this patented process has been approved by the Global Association of Mobile Carriers Association (GSMA) - making the gaming experience and payment process trustworthy and lawful.

Boloro is currently available in countries such as India, parts of both Africa, and the Middle East, including Palestine. The target growth in each of these markets is at least 25% by 2023, which would mean over 10 million lives impacted by this multi-channel in the next 12-24 months. In addition to the markets above, Boloro is also targeting other markets, including the United States of America, Europe, Latin America and the Caribbean. With a current presence in over 150 countries, Boloro is well on its way to being a well-renowned global platform.

What is Boloro?
Depositing with Boloro at a Casino

Depositing with Boloro at a Casino

Depositing with Boloro Global is straightforward, mobile-centric and focuses on a tap and go method of payment. This multi-factor and multi-channel payments platform takes an ATM-like approach to depositing money. No app is needed - all you need is your mobile phone and your user-specific memorized 4-digit PIN for a successful funds payment. Boloro Global payment methods have the ability to authenticate with no internet connection and have the USSD disappear with no remainder of its contents or the user’s PIN on the device thereafter - making global payments safe, effortless and fraud-free. For gamblers to make a casino deposit, simply:

  • Select Boloro as a payment option
  • Connect Boloro to your bank account or e-wallet by entering your "Country", "Mobile Carrier", "Mobile Number" and "Account Type" details into the open fields.
  • Set up your transaction
  • Once complete, select "Pay with Boloro"
  • Wait for the flash text message that describes your transaction to be delivered to the mobile phone number associated with your bank account or e-wallet.
  • Enter your memorized 4-digit PIN to authenticate the pending payment
  • Once your transaction is complete, you will receive an instant receipt via SMS.

Daily Deposit Limits

Because this mobile payments authentication solution connects directly to your bank account or e-wallet, your Boloro daily deposit limit will be in accordance with your banking provider's or e-wallet's daily deposit limits. Make sure to check what your daily limits are before making your casino deposit to ensure a smooth-sailing casino deposit.

Depositing with Boloro at a Casino
How to Make a Withdrawal with Boloro

How to Make a Withdrawal with Boloro

Just like Boloro uses an ATM-like approach to depositing money, so is the case with withdrawing funds. Withdrawals follow a similar process to that of deposits - all you need is your mobile phone and memorized 4-digit pin. Users can withdraw payments in one of two ways. Let us take a closer look at these methods:

Contactless ATM withdrawal

For users to make a withdrawal using the Contactless ATM withdrawal method, simply:

  • Draft an SMS using the "ATM Identifier Code" found on the ATM followed by the amount of money you would like to withdraw and send, or scan the ATM's QR Code with your mobile phone.
  • Wait for the flash text message that describes your withdrawal to be delivered to the mobile phone number associated with your bank account.
  • Enter your memorized 4-digit PIN to authenticate the pending withdrawal
  • Once your withdrawal has been verified, you will receive an account debit confirmation on your mobile device, and the ATM will dispense with your funds.

Geo-location ATM withdrawal

Alternatively, for gamblers to make a withdrawal using the Geo-location ATM withdrawal method, simply:

  • Draft an SMS using the "ATM Identifier Code" found on the ATM followed by the amount of money you would like to withdraw and send, or scan the ATM's QR Code with your mobile phone.
  • Wait for the flash text message that describes your withdrawal to be delivered to the mobile phone number associated with your bank account.
  • Enter the 4-digit Mapping Code as showcased on the ATM screen
  • Thereafter, enter your memorized 4-digit PIN to authenticate the pending cash withdrawal
  • Once your withdrawal has been verified, you will receive an account debit confirmation on your mobile phone, and the ATM will dispense with your funds.

Daily Withdrawal Limits

Because this mobile payments authentication solution connects directly to your bank account, your Boloro daily withdrawal limit will be in accordance with your banking provider's daily withdrawal limits. Make sure to check what your daily limits are before making your funds withdrawal to ensure a smooth-sailing casino withdrawal.

How to Make a Withdrawal with Boloro
Boloro Processing Fees and Times

Boloro Processing Fees and Times

In terms of the details around the processing times and fees for deposits and withdrawals, users find that Boloro is one of the most convenient services out there for casino payments and cash withdrawals. To illustrate this, let us look at payment processing fees, as well as deposit and withdrawal processing times:

Boloro Global Limited processing fees

As it currently stands, the Boloro global management team have developed this payments platform in a way that consumer-facing users who access and utilize Boloro services do not pay any fees for processing payments. However, fees will be applied to the online merchant, company or business that integrates Boloro Global as one of their transaction services - the amount being unclear at this stage.

Boloro Global Limited Deposit and Withdrawal Processing Times

Due to Boloro's ATM-like approach to all global payments, transactions such as deposits and withdrawals are instant or are in accordance with the processing times of your bank account or e-wallet provider. Make sure to know the processing times of deposits and withdrawals from your bank or e-wallet provider by visiting their website or banking app. By doing so, you can ensure an efficient and seamless online payments and gaming experience.

Boloro Processing Fees and Times
Where is a Boloro Payment Accepted?

Where is a Boloro Payment Accepted?

Boloro is a global business that operates in and is supported by countries all over the world. However, it is found to be the most popular by users who access its services in countries such as India, parts of both Africa and the Middle East - including Palestine. In addition to the above-mentioned countries, Boloro is also in the process of targeting other countries. This includes access, services and support rendered in the USA, Europe, Latin America and the Caribbean. With its services available and present in over 150 countries, Boloro accepts all currencies and money, and is well on its way to being a well-renowned global business.

Where is a Boloro Payment Accepted?
Top Bonuses with Boloro

Top Bonuses with Boloro

Online casino bonuses are the various rewards which players receive for doing specific tasks in a casino and are a way for casinos to attract and retain players. These tasks include, but are not limited to signing up, making deposits, playing loyally and referring to, new members. It is important that players know what type of casino bonuses they can expect before joining in on the gaming experience. Regardless of which country you are playing in, casino bonuses can range from welcome rewards, re-spins, high roller bonuses, to free spin bonuses.

Depending on the deposit method, each online casino bonus is awarded for a specific event. As it currently stands, there is very little information and data on bonuses typically issued within a Boloro casino. However, for the most reliable information on what bonuses are available and which are the best, read the best online casino bonus guide.

Top Bonuses with Boloro
How to Choose the Right Deposit Method

How to Choose the Right Deposit Method

No matter which country you find yourself in, the internet opens users up to a variety of security threats. It is evident that online fraud is becoming increasingly sophisticated and thus more difficult to detect and avoid. That is why choosing the right deposit method for safe and secure money transactions is crucial. Users find Boloro to be an ideal choice for mobile transactions.

This is because the highly experienced Boloro global management team has developed this payments platform in a way that puts the user's safety at the forefront of all transactions. By circumventing online authentication, Boloro adds an additional layer of security for the user. Let us take a closer look at the pros and cons of using Boloro Global for casino payments.

Pros:

  • Real-time secure authentication using push USSD, a separate, secure channel that avoids the internet and operating system
  • Origination data analysis to ensure that the correct handset is responding, eliminating SIM Swaps
  • No app needed to download
  • No internet connection needed
  • Compatible with all smart and feature phones
  • Globally patented and approved by the GSMA
  • Roaming that allows customer authentication from anywhere

Cons:

  • Not yet widely adopted as a transaction service by online merchants
  • New "offline" technology makes it susceptible to suspicion, which may affect widespread adoption
  • Onboarding information on how to use Boloro is not yet easily accessible to all users.
How to Choose the Right Deposit Method
Boloro Account-opening Process

Boloro Account-opening Process

As mentioned before, with Boloro there is no need to download any app, or to open any online account. The only thing required to access Boloro Global Limited, is a mobile phone, with access to messages and your memorized 4-digit pin for successful transactions. As the onus of opening an account does not fall on the consumer, it is up to the online merchant or business to load and connect to Boloro Global Limited on their online store or online casino as a payment method among other options.

Once Boloro is available as a payment service, all you need to do is select Boloro as your payment option, and continue by connecting Boloro to your bank account or e-wallet by entering your "Country", "Mobile Carrier", "Mobile Number" and "Account Type" details into the required open fields. Due to the fact that one does not need to open up an account with Boloro, there is no specific age limit attached to the payment method. However, you will need to adhere to the age limits required to open an online bank account or e-wallet account with whichever service provider you choose to bank with. Make sure to know the age restrictions of your bank or e-wallet provider by visiting their website for more information.

Boloro Account-opening Process
Safety and Security Using Boloro

Safety and Security Using Boloro

As a player, it is important to always remain vigilant when making any kind of payments online. However, the increasing levels of sophistication when it comes to fraudulent activity makes it difficult and sometimes expensive for one to keep up and stay safe. Boloro understands this problem, which is why safety and inclusion is at the forefront of the payment mechanism. By moving mobile payments offline, Boloro bakes in an additional layer of protection from online hacking, impersonation and identity theft.

In addition to this, Boloro uses the phone number of the customer as the unique identifier, and with virtually everyone in the world owning a cellphone, this unique payment method is also inclusive and widely accessible. With real-time USSD authentication, Boloro removes the need to download an app on your device. By doing this, Boloro not only protects your identity from bad online actors, but also from your operating system itself. Since Boloro utilises your phone number, you may be wondering how it mitigates the threat of it reaching the incorrect user due to sim swaps. Well, with the convenience of origination data analysis, it ensures that both the correct number and handset are responding.

The Salient Safety Points

  • It requires user knowledge. For a mobile transaction to be successful, the memorized pin, known only by the customer, is required, making it difficult for hackers to forge a transaction.
  • Boloro is offline. Real-time USSD messaging protocol over the secure channel of the mobile operator eliminates the need for online connection.
  • It utilizes flash messaging. When completing a mobile transaction, an authentication message is laid on top of apps, and disappears once authenticated by the user.
  • Boloro’s origination data analysis ensures that the correct handset is the one that is reached
  • The dataset of the authentication remains with the licensee, which provides a time-stamped, keystroke by keystroke audit trail.
Safety and Security Using Boloro
Discover Other Deposit Methods

Discover Other Deposit Methods

Although Boloro's highly experienced team has ensured that it is one of the most safe, user-friendly and fraud-resistant payment services for most countries, many might find the "offline" technology of this payment method to be suspicious - causing them to refer back to fully online or card-related ways of conducting casino payments. By understanding how various and popular online casino deposit and withdrawal methods compare against each other, you can weigh the pros and cons of each to find the casino payment method that best suits you. Here are alternative deposit methods for you to discover that are available all over the world:

VISA - No matter the country you find yourself in, this deposit method is known to be one of the most trusted online casino methods that accept payments around the world. It’s available all over the world and can be used for safe and reliable deposits at the best-rated online casinos.

PayPal - PayPal has been the most widely-used online casino payment method for a long time. Its features include fast payment processing, an easy-to-use platform, and the acceptance of Paypal anywhere in the world - which are the core reasons for its success as a secure fund transfer service.

Discover Other Deposit Methods
About the author
Emily Thompson
Emily Thompson

Emily "VegasMuse" Thompson is a seasoned online casino enthusiast from down under. With a keen eye for details and an inherent knack for strategizing, she has turned her passion for the online casino world into a successful writing career.

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FAQ

Everything you need to know about casinos

What is Boloro?

Boloro is a multi-factor and multi-channel mobile authenticator that works with all mobile phones without the need to download any app - thus leaving no trace in the handset’s memory.

Can I trust Boloro?

Yes. Boloro understands that the internet was never designed for safe and fraud-free transactions. Therefore, it avoids the internet altogether by using the secure signalling layer tied to your mobile phone. Approved by the GSMA, this patented process adds an additional layer of security for the customer when completing mobile payments.

Can I transfer money from Boloro to my bank account?

Yes, you can. Depositing with Boloro is simple, safe and straightforward. This multi-factor transaction platform takes an ATM-like approach to depositing money.

Is Boloro free?

No. There is no fee for the customer. The fee falls onto the various online merchants who integrate this seamless service onto their various platforms.

How long do Boloro withdrawals take?

Boloro is almost instant, with mobile notification happening in real-time when completing withdrawals.