Last updated: 3 October 2021
Casino Banking Methods is always on the lookout for more options to present to online casino players. We want our readers to know that they have limitless choices, so that they can make the best decision and pick the one convenient for them. The main protagonist of our banking story this time is CashtoCode, a novel payment method that allows users to pay with cash for something they want to buy or experience online. CashtoCode is not as nearly as widely accepted as e-wallets or bank cards, but the fact that several respectable casinos include it was enough for our team to do a detailed review, covering CashtoCode casino bonuses, CashtoCode fees and the best CashtoCode online casinos to play at.
The CashtoCode service is operated by a Europe-based fintech company Funanga AG. The firm has offices in Berlin and London. It was founded in 2013 by a team of payment industry professionals. The idea behind the CashtoCode payment solution was to provide a revolutionary API service that is focused on speed and simplicity for both online merchants and their customers. The service allows online casino players to deposit money without additional registration or sign-up, without a credit card or bank account – the payments are carried out using cash at one of the many retail locations (POS) across Europe.
Upon choosing CashtoCode at their preferred casino, players simply select a deposit amount and a barcode is generated that can be presented at their chosen point of sale, allowing them to pay in cash and instantly have their gaming account credited. So, one may say CashtoCode is a prepaid digital voucher. Funanga employs an international team of no more than 50 employees who manage the company operations from offices in major European markets. As for the locations where customers can make their payments (based on the previously generated unique barcodes), there are more than 150,000 retail locations that make up the CashtoCode network.
The company saw amazing results in 2020, having seen a revenue increase of 500% year-on-year. CashtoCode also added another 100 new merchants to its platform, but its biggest success was appointing payments guru and MuchBetter co-founder Jens Bader as new CEO in March 2021. Christian Machmeier (CTO) and Patrick Lebenbauer (DGM) also joined the company at the time.
- September 2021: CashtoCode expands into Australia.
- September 2021: Pinnacle adds CashtoCode to its payment options.
- July 2021: CashtoCode partners up with MiFinity.
- July 2021: eSports giant LuckBox adds CashtoCode to its cashier.
- May 2021: CashtoCode goes live in Nigeria.
- March 2021: MuchBetter co-founder Jens Bader appointed CEO.
CashtoCode (or C2C, as some call it) is mostly available to European users. The availability of the service is directly dependent on the location spread, so players are somewhat limited to the “map” of points of sale in their area. CashtoCode had a successful launch in Austria and Germany in 2017 and these two markets are still the core of the operations. The service further expanded to several new European markets, including the UK, Ireland, Greece and Italy. The expansion made it possible for players to make physical cash deposits into their iGaming accounts from more than 100,000 POS locations in Europe.
Until recently, there had been no recent announcements regarding new expansion plans for the platform. The website, however, is available in Polish, Russian and Turkish, apart from English, Greek and German, so perhaps the company is planning to conquer more territories? We’ll have to wait and see. May 2021 saw the service launch in Nigeria through a partnership with Payalat Bill Payment Platform.
In September 2021, CashtoCode announced expansion into Australia by partnering up with epay Australia. As a result, CashtoCode vouchers can now be found at over 2,000 retail locations across Australia. The plan is to increase the number to 11,000 in the near future. Meanwhile, CashtoCode eVouchers can be purchased at several online shops from Australia, with Dundle leading the way.
No obligations, no registrations
CashtoCode does not require you to complete a registration on their website to be able to use the service. You will not be leaving any personal data, setting up profiles or sharing your financial info. The platform will simply enable you to generate the code you will use to make the payment. It is the code that contains all the details about the transaction, and since it will be finalised in cash, no identity proof is needed.
Make sure you have a POS location near you
We feel it is a good idea to check if there are retail locations near your residence or place of work, or wherever you may find yourself at the moment you want to use CashtoCode. Go to the CashtoCode official website and scroll to the bottom of the page to find the map showing retailers cooperating with the service. Type in your address or just the city and the map will point out to the outlets that are at your disposal.
Visit a CashtoCode casino and pick CashtoCode to make a deposit
Choosing CashtoCode at a casino website will lead to generating a unique code. Before that, you will specify the amount you wish to deposit. The system will redirect you to the CashtoCode website and show you on the store locator the nearest outlets you have available. Choose one and the code will be generated. You don’t have to print it out, just can have it displayed on your phone and head out to the outlet to make the payment.
Go to the CashtoCode outlet and finalise the deposit
All that is left is to go to the retail location you have chosen, give the code to the cashier and pay the amount. You will be issued a receipt and you will receive a notification on your mobile that the deposit was completed. You can repeat this simple process each time you need a quick top-up for your online gambling account. Payments can only be processed in EUR.
Making a deposit with CashtoCode to any online casino is as simple as it gets. The service is a game-changer for people who are tired of remembering their passwords for e-wallets and their online banking profiles. What is more, no banking history is required to be able to use the benefits of the platform. Once you’ve made the payment at a selected retail location by giving the deposit amount in cash and letting the cashier employee at the store carry out the payment, you should find that the funds have hit your player account within moments.
As for withdrawing casino winnings, you ought to know that CashtoCode is a deposit-only method, sadly. If you’ve deposited using CashtoCode and want to request a withdrawal you can withdraw to another payment method. Surely, the casino will give you decent alternative options that you can be just as satisfied as with CashtoCode.
There are no fees whatsoever for using CashtoCode. You will not be uploading funds to CashtoCode, so on uploading commissions. Paying in cash means there will be no online transfer that you need to pay fees for. Using CashToCode is free for users.
The costs of the payment are usually carried by the operator who offers the banking method. This doesn’t mean that you shouldn’t take a look at the payment policies of the respective casino to see if they charge fees for deposits. If they do, they may charge you a small fee for a CashtoCode deposit, although we haven’t encountered any examples in practice.
Technically, CashtoCode is an instant payment method that enables players to make quick deposits. As soon as the generated code is submitted, the money will be credited to your gambling account within a few seconds. On the other hand, the deposit needs to be carried out manually. This means the user needs to leave the house and go to the nearest POS to pay for the deposit.
Depending on the distance, you may spend a few minutes walking or spend up to half an hour driving to the location. When the deposit is complete and the receipt is issued, you can start gaming right away on your mobile. To gamble on your home computer you have to wait to get back to your house.
Due to the nature of the CashtoCode payment solution, the maximum deposit limit is not very high. The minimum deposit limit is set by the casino itself. You ought to check the limit that applies at your preferred casino website. Usually, the amounts range from €10 to €20. One CashtoCode voucher will enable you to deposit up to €400 to your online gambling account.
This limits your spending and potentially will help you build healthy gambling habits in terms of planning your gambling budget. If you want to deposit more money on your account, you have to do submit additional codes one at a time. In other words, a code must be settled and paid for before you can generate a new one and pay for it as well.
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CashtoCode assures users that the company has taken appropriate technical and organisational measures to protect customers’ personal data against unlawful processing and unauthorised access. They claim that only a small number of employees are authorised to access the parts of the Funanga system that contain personal information.
What is more, the transfer of personal data is managed via secure (SSL 256-bit encryption) transfer methods and VPNs. C2C is designed as a closed-loop scheme, and, as such, it is a cash option that meets the strict anti-money laundering regulations (AML 4 and AML 5) required by major iGaming operators.
Even though the C2C depositing process is rather straightforward, easy to understand and put to practice, the company is expected to provide some sort of support for users who are new to the service and have their doubts. Existing users may also have some things they would like to check with a representative, and they can do so easily by contacting the support team available Monday through Sunday, 06h – 22h.
Telephone lines are provided for customers from Germany and Austria, and there is also an email address to write to if you don’t have the phone option available or you simply with to submit your issue in writing. The contact phones are (Germany) 0049 (0) 30 530 515 72 and (Austria) 0043 (0) 720 270 210 and the email is [email protected]
The CashtoCode user base appreciates the fact that your personal info is secure simply because you will not share them at any stage of the depositing process. You are not required to show any identification or use any banking credentials when you pay. The code is the only thing that makes the payment possible.
We haven’t encountered any poor player experiences regarding using CashtoCode for online casino deposits. In comparison with modern, convoluted paying systems, this one is simple, with barely any steps and hurdles that the customer needs to jump over to reach the final goal. It is easy to use and available in key European markets.
Apart from the flexibility of finding new retail outlets that are near you and the mobility that the system gives you in the sense that you may be in different parts of your city and still have a POS close, there are few particular extra features of standard CashtoCode. You generate the code by initiating a deposit at a merchant (online casino), you go to the POS and you pay the selected amount. Since you are not leaving any trace of your payments, there is no possibility of redeeming any loyalty perks or anything of the sort. Instead, you get anonymous deposits free of fees, which is a treat enough.
The CashtoCode eVoucher is a specific service available via CashToCode in 190 countries. We see it as an extra feature since it steps outside the regular service offered by C2C. The eVoucher is a 20-digit prepaid code, available at set price levels at the official website.
Mobile gambling and CashtoCode are like two peas in a pod. They are a perfect match since the service has not restrictions that would make mobile gaming awkward for online casino fans. On the contrary, mobile casino users can make deposits with C2C, pay a quick visit to a retail outlet, take their phone with them, show the code and get back to gambling a minute later when the funds have been credited.
For the German and Austrian casino visitors, there is a CashtoCode mobile application which was released for Android (2.3.4+). If you download the free CashtoCode app, you will receive your codes in-app before you go outside to pay for them.
- CashtoCode is available in the UK in a number of Tesco and Spencers retail locations, petrol stations and kiosks in Berlin, as well as “trafik” shops (tobacco kiosks) in Vienna.
- Once generated, a CashtoCode paycode is valid for 7 days, so players have the liberty to use it during this time at any moment they find convenient.
- You can sign up for a CashtoCode Bonus Newsletter on the official C2C website. This will give you access to exclusive monthly promotions. The newsletter subscription requires your first name, last name and email address. CashtoCode will, nevertheless, protect your email privacy via AWeber.
- CashtoCode payments are not subject to chargebacks.
- Casino operators can use a neat functionality of the Cash2Code service – to have the users click to be redirected back to the casino website after completing the payment, which can then display a success message of their choosing.
CashtoCode is a voucher-based payment system which allows you to make instant cash deposits into your online casino account via a point of sale. Withdrawals are not possible.
No, there are no charges while making a deposit with C2C.
Yes, CashtoCode is a safe payment method. The only way of authenticating yourself during the payment is by providing a unique generated paycode at the point of sale. Your financial data is not shared, nor any of your personal info.
Currently, CashtoCode is only available in selected European countries. They include the UK, Italy, Germany, Austria and Greece.
With CashtoCode, you may only carry out deposits. Withdrawing is possible with other available banking options at your casino.
CashToCode is a cash payment solution from the UK-based company Funanga Ltd. They are regulated by the Financial Conduct Authority of the United Kingdom.
This is not an option. C2C is a one-time prepaid voucher based on a digital code which only works for deposits. If you want to withdraw your money from a casino account, you will need to pick a different banking method.
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- Premium option for Austria
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Review & Best Casinos
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