Boloro Casinos - Safe Deposit

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.

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.

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.

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.

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.