INOVAPAY Casino List – Online Casinos With INOVAPAY

Last updated: 15 June 2021

Out of all the buzzwords that have come out of the financial industry in the last decade or so, ‘innovation’ is, at the same time, both the most important and the most annoying.

Everyone knows the importance of trailblazing in this industry, as revolutionary inventions, features, and decisions are what drives the advancement of all payment methods. Of course, there’s the other side of the coin.

Insistence on innovation by any means necessary can lead to a lacklustre end product, without a high level of functionality. With all this in mind, you already know we found it interesting when we saw a payment provider actually put innovation in its name.

INOVAPAY is definitely an intriguing deposit method, so we wanted to take a deeper look into what they’re all about. If you’re familiar with banking methods such as UPayCard, you’re probably aware that more and more companies are looking to combine features of both eWallets and physical cards.

That’s what Inovapay is about, too. While this may not be innovative by itself, INOVAPAY also adds some other cool features, and they’re certainly one of the most exciting newcomers in the gaming world. You can use it to fund your account whether you are into casino games like poker and slots or into sports betting.

Thus, we felt like we had no other choice but to write a comprehensive review of this platform. We focused on all the essential elements of a proper banking method, with a special focus on the best Inovapay casinos and the bonuses they offer.

So, just sit back, relax, and prepare to play your favourite games using INOVAPAY deposits.

Top Casinos That Accept INOVAPAY Payments

While we believe it’s unfair to treat payment methods differently just because they’ve only existed for a short period of time, there is a downside involved. In reality, there are not many casinos that accept INOVAPAY. Nevertheless, there are still sites that allow their players to deposit money using this payment provider. To help you make the most out of your gaming experience, we tested the best INOVAPAY casino sites and ranked them. Check them out in the INOVAPAY casino list below – you can’t go wrong with either one, so it’s all down to your preferences.

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money-bag 100% up to €500/AU$750 + 25 FS
  • Crypto payment methods
  • Multiple welcome bonuses
  • A sportsbook section

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €500 / AU$750
  • Multiple games from different providers
  • 24/7 live chat service
  • Platform made mobile compatible

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €500 / AU$750
cherry 200 Free Spins
  • PayID Australian Casino
  • Many available languages
  • Local banking methods

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €500
cherry 200 Free Spins
  • 7000+ casino games
  • Sports-betting section
  • 2 types of welcome bonuses

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €500
cherry 200 Free Spins
  • 4000+ casino games and game groups
  • Crypto payment methods included
  • Sports-betting section with virtual sports

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €500 + 1 Bonus Crab
cherry 200 Free Spins
  • VIP program
  • Crypto payment methods
  • Sports-betting section

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €500
cherry 200 Free Spins
  • Over 7,900 casino games
  • Top-notch live casino
  • Local payment methods

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €500
cherry 100 Free Spins
  • PayID for AU players
  • Weekly promos & VIP perks
  • Fast payment processing

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €1000 / 1750 AU$
cherry 50 Free Spins
  • PayID Australian Casino
  • 4,900+ games
  • Great cashback offers

18+ | New Customers Only |

T&C Apply
money-bag 100% up to €500/750AU$ + 1 Bonus Crab
cherry 200 Free Spins
  • PayID Australian Casino
  • Landbased payment methods
  • Great promotions

18+ | New Customers Only |

T&C Apply

Company Background

Book icon

INOVAPAY was officially launched in 2018. It immediately turned a lot of heads, mainly due to the fact that its parent company is none other than Flexewallet, one of Australia’s most exciting payment platforms.

So, right off the bat, this is a good sign. An even better sign is that Flexewallet is itself a subsidiary of Novatti payments, one of the best B2B payment solutions in Oceania. With these two reputable bands being closely connected to INOVAPAY, it’s reasonable to have high hopes related to the platform’s quality and performance.

We can learn a lot about INOVAPAY just by looking at Flexewallet’s own business model. Its aim is to serve expats and foreigners that live in Australia. This is a unique approach and a sign that they know how to notice‘ holes’ in the market.

Too many companies focus only on providing services to residents, all while ignoring the problems that migrants face. These difficulties mainly revolve around the fact that’s it’s difficult for those without Australian citizenship to open a bank account or to receive a credit card.

For seven years, Flexepay has been one of the best payment methods for those that come from other countries. With that experience behind them, they gained the right amount of knowledge needed to make INOVAPAY a desirable online banking solution.

Just like Flexepay is designed to help migrants in Australia govern their finances, INOVAPAY is meant for South American casino players and online shoppers that like to conduct their business with the use of domestic and regional payment methods.

Since most of these payment providers are far from ideal for making casino deposits, INOVAPAY serves as a mediator that makes things much easier and smoother.

As of late 2020, INOVAPAY has plans to expand and add features, but they’re still adamant about retaining their invitation-based system. This created a lot of buzz and improved user engagement, as you have to reach out to INOVAPAY in order to create an account. Strange, but still interesting.

Target Markets

Target icon

At the time we were writing this review (December 2020), INOVAPAY is currently only available in Brazil. We can look at this situation in two different ways.

Of course, it can be said that this lack of availability is a bad thing. INOVAPAY seems like a decent payment method, and we at Casino Banking Methods are proponents of companies going international. Thus, it’s a shame that casino players from other countries can’t enjoy INOVAPAY.

But, there’s also the second perspective – which is INOVAPAY staying true to its initial goal. They never stated that they want to conquer the entire global financial market.

Both on their LinkedIn page and on their website, INOVAPAY stated that its main focus is on Latin America. This makes sense, as even their logo is in the shape of the South American continent, which is almost universally considered to be the heart of Latin America.

However, it seems that their main focus is on Brazil. It’s highly likely it will remain to be, as INOVAPAY mostly uses yellow and white on their website, which just so happens to be the main colors on the Brazilian national flag. You can also use view the website in Portuguese and English.

While ‘one only country’ has a negative sound to it, it’s easy to forget that Brazil has a population of 209 million. That translates to a gargantuan market for online gaming, and INOVAPAY is definitely making a wise decision by focusing on reaping the benefits of such a situation.

We’ll update this review as soon as INOVAPAY becomes available in more countries. Looking at their rate of growth so far, it’s highly likely that this will take place in the near future.

How to Set Up an INOVAPAY Account: Step by Step Guide

INOVAPAY takes a somewhat strange approach to attracting new users. Unlike most payment methods that allow you to register and start making casino deposits right away, INOVAPAY requires you to apply for an invitation. Here’s what you have to do to apply.

  1. Visit the official website

    Go to INOVAPAY.com and click on the ‘Sign Up for Free’ box, which is located right under the header on the homepage.

    Official INOVAPAY website
  2. Provide personal information

    Once you click this, you’ll be redirected to a new page. Here, you have to provide some basic personal information, including your name, surname, email, date of birth, phone number, and the password which you want to use. You will also have to provide your Cadastro de Pessoas Físicas number, aka CPF. This is the Brazillian equivalent to a Social Security Number (SSN) in the US.

    Provide personal information for INOVAPAY account
  3. Complete the registration process

    Complete the captcha located at the bottom of the page and click Register.

    Complete the registration process for INOVAPAY account
  4. Wait for the confirmation email

    If you are accepted, you will receive an email with all the details needed to start playing at INOVAPAY casinos.

    Even though we always love seeing companies try out new tactics for increasing engagement, we’re not quite sure how this invitation system works. We asked the customer support team to clarify this, but they said they weren’t allowed to disclose any details and that the process is an internally developed one, designed to prevent bots or criminals from using INOVAPAY for nefarious activities. Given the added level of security, this sort of system adds, we’re going to let it slide.

    Get confirmation email about INOVAPAY account

Available Currencies

Brazilian Real icon

BRL

US Dollar icon

USD

Casino Deposits and Withdrawals

Withdrawal icon

Just like most eWallets, INOVAPAY is very easy to use, regardless of which online casino you’re playing at. Here’s what you need to do to make a casino deposit INOVAPAY and start playing:

  1. Head over to your casino’s home page and log in.
  2. Once you’re logged in, go to the Cashier/Deposit/Banking page.
  3. Scroll down and click on the INOVAPAY logo once you see it.
  4. A window will pop up, in which you have to enter your email, password, and the amount you want to deposit.
  5. Click Deposit at the bottom of the window and the funds should be removed from your INOVAPAY account and added straight to your casino balance. And that’s all there is to it!

The simplicity of the deposit process is one of the main reasons Brazilian casino players adore INOVAPAY. Since most domestic payment methods involve bank account connections, in-person visits to an agent, or some other complex set of actions, this is a breath of fresh air.

For this reason, we believe eWallets will become even more popular in Brazil in the near future.

For withdrawals, it’s basically the exact same process. Here’s exactly how you can claim your winnings using INOVAPAY:

  1. Log into your casino account.
  2. Go to the Banking/Withdraw page.
  3. Select INOVAPAY as your preferred withdrawal method.
  4. In the window that pops up, enter your email, password, and the exact amount you wish to withdraw.
  5. Confirm the transaction and that’s it.

As you’ve just seen, withdrawing money to your INOVAPAY account is as easy and painless as can possibly be. It’s worth mentioning that some casinos accepting INOVAPAY deposits don’t list it as a withdrawal method.

We’re not sure why this happens, but you should know that this is a possibility. In case you run into such a case, you can always withdraw your winnings to a card or your bank account. You won’t really notice the difference.

Detailed Overview of Transaction Fees

Overview icon

One of the better things about this payment method is that you don’t have to worry about fees when making transfers to or from your casino balance. You can both deposit and withdraw funds using INOVAPAY without paying a cut to the payment service provider. Their business model is based on charging merchants (casinos with INOVAPAY, in this case).

However, we’re not quite sure why they charge you for things such as account administration. It’s not like you’re handling millions of dollars and government secrets. What is there to administrate?

We were also perplexed when we found out that INOVAPAY actually charges you a fee if you haven’t used your account for more than 12 months.

You should also know that, even though INOVAPAY doesn’t charge any fees, casino sites might take a small cut of your deposits and/or withdrawals. Make sure you read the terms of conditions of each online casino you want to play at – better safe than sorry.

Timeframes for INOVAPAY Payments at Online Casinos

Time icon

All INOVAPAY deposits are instant, so you can expect to start playing right away. Just so you know, this is common for all eWallets and isn’t a feature that’s unique to this payment method.

When it comes to withdrawals, you can expect to see your money in 24-48 hours. We withdrew our winnings with INOVAPAY several times, and we usually got paid the next day. On weeks it might take up to two days, which is perfectly fine. Nothing spectacular nor terrible, really.

Deposit and Withdrawal Limits

Limits icon

INOVAPAY has its own limits, which is quite unusual for most eWallets. Apparently, you can only store up to $5,000 in one calendar year before you verify your account.

And in order to get rid of this insanely strict limit, you have to provide a scan of a government-issued document. We believe this to be a bit irrational, but it’s still a good way to prevent fraudulent activities.

As for INOVAPAY online casinos, we found that most sites have a minimum deposit/withdrawal limit of BRL 20. The maximum amount which you can add or take out is around BRL 30,000, which is pretty standard for most mid-level casinos.

We didn’t see any high-roller-oriented sites offering INOVAPAY, so you should look for another payment method if you want to spend a lot.

Best INOVAPAY Casino Bonus

This is one of the biggest downsides of this payment method, and it’s not necessarily their own fault. Because very few casinos have decided to start accepting INOVAPAY deposits, there aren’t many promotions that you can use.

We believe this will change with time, as is the case with literally every banking method. Still, we weren’t going to let you down! After a hefty amount of research, we were able to find a few deals that might interest you.

In the list below, you can find all the best INOVAPAY online casino bonuses, along with the amount of money you can get, as well as the wagering requirements. All of them come from licensed and safe casinos, so all you have to do is relax and start spending that free cash.

Powbet

Welcome Package

35x B+D, 40x FS

Ongoing

AU$30

74%

5Gringos

Welcome Package

35x B+D, 40x FS

Ongoing

AU$30

74%

Ohmyzino

Welcome Package

45x (B+D)

Ongoing

€25/AU$40

72%

Casinoly

Cashback

Free Spins

Live Casino

Reload

Welcome Package

35x (D+B)

Ongoing

€20/A$30

No

72%

Slots Palace

Deposit

35x (D+B) 40x FS Wins

Ongoing

€20/30AU$

72%

ViperWin

Welcome Package

35x (B + D), 40x(FS)

Ongoing

€20/AU$30

No

71%

NovaJackpot

Welcome Package

35x (B+D), 40x (FS)

Ongoing

€20/AU$30

No

71%

Jackpot Frenzy

Welcome Package

35x (B + D), 40x (FS Wins)

Ongoing

€20/AU$30

No

71%

Security

Banking security icon

Even though we like the invitation-based system, there isn’t much going on when it comes to security. It seems like INOVAPAY is trying to withhold as much information as possible.

There’s no word on SSL encryption, no fraud prevention software, no 2FA, nothing! Any INOVAPAY executive with half a brain should have suggested adding more information to the website.

Transparency and detailed descriptions of security measures are two factors that reassure users the most. With INOVAPAY, this is definitely not the case.

We would like to see them overhaul the website and add some information, other than the basics. It’s 2020 and even the smallest eCommerce sites are happy to disclose what they do to protect their customers.

Why can’t INOVAPAY do this? Sure, they’re compliant with Australian laws and are licensed, but that’s just the bare minimum it takes for a payment provider to operate. Get a grip, please!

Customer Support

working-hours
Working Hours

Mon-Fri: 00:00-24:00

Weekend: 00:00-24:00

comments
Chat

No

mobile
Phone

No

What is this? 2004? It’s still baffling to us why some companies still use email as the only way of talking to their customers. Not only is this one of the slowest means of communication, but it’s also not the most secure.

For crying out loud, ZenDesk can cost just $5 per agent, which anyone can afford, let alone a brand that has goals to expand on an international level. There’s also no phone number that you can call, which was kind of expected given the amount of effort that was put into putting the INOVAPAY website together.

Our experience with INOVAPAY support

Every time we sent an email to their team, we had to wait at least four hours to get a response. And when we finally did get a response, we were met with evasive answers and agents not really knowing how to lead a conversation in proper English. Needs a lot of work.

Player Experiences

Since this payment method is so new, there aren’t many reviews to go around. The ones we did find were mostly mixed, with the most commonly mentioned flaw being the design of the site.

Casino players don’t seem to like the bland design and the lack of available information, which pretty much lines up with what we’ve seen so far.

We also looked at the App Store page of their app, which is also filled with negative reviews. The average rating is 1.9, which pretty much sums up the effort INOVAPAY has put into their product.

With so many bad impressions, we don’t see a reason why you should choose this payment method over other available options. It’s missing so much and other players seem to agree with us.

Extra Features

Surprisingly, INOVAPAY does offer a few extra features. Since most of them are meant for business as not individual users, we decided to cover only two of them:

  • INOVAPAY.pin. This is INOVAPAY’s pre-paid voucher, which you can purchase using your eWallet balance. It’s a great way to make payments at online stores, but it seems that no online casinos accept these vouchers. Despite all of INOVAPAY’s flaws, this situation is not their fault. Once they become more popular, we’ll be able to see the true value of this feature.
  • INOVAPAY pre-paid physical card. Interestingly, this feature is said to be ‘coming soon’. Our analysis determined that it will be a debit card, but we didn’t find any info on whether it’s going to be a VISA or a MasterCard.

Mobile Capability

android ios

INOVAPAY has a mobile browser version, which isn’t much better than the desktop one. It’s also badly designed and hard to navigate, while also being completely devoid of any useful content.

Things get even worse if you decide to download the INOVAPAY Android app. We did it so you don’t have to and our impressions are grim, to say the least. The UI is very basic and we found that the software gets buggy even on newer phones. Hard pass.

Interesting Facts

  • INOVAPAY is operated by Flexewallet Pty Ltd, an Australian company that also stands behind Flexepin.

  • This is the first payment solution we have come across that requires new customers to sign up and wait for a special invitation to join.

  • INOVAPAY is slowly becoming one of Brazil’s most popular casino payment methods, alongside Boleto, Pay4Fun and VCreditos.

  • INOVAPAY supports both casino deposits and withdrawals in BRL.

  • The payment method is regulated by the Australian Securities and Investments Commission.

FAQ

At the moment, yes. It’s still a very young payment method, but we believe more sites will start using it sometime soon.

No, the only fees you will have to pay are for account administration, inactivity, and currency conversions.

24-48 hours. This is mostly due to online casinos having their own verification procedures. In most cases, we received our money a day later.

While the company is licensed by some of Australia’s most important regulatory bodies, there don’t seem to be any additional security measures. As such, we don’t consider INOVAPAY a particularly safe payment platform.

As of December 2020, INOVAPAY is only available in Brazil.

Yes, but before you can officially use your account, you need to apply for an invitation.

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Relja Bojovic

Relja Bojovic

Senior Content Writer

Relja started off as a content writer in 2016, working his way through various niches and assignments to where he is today. Along the way, he realized that he has a particular affinity towards iGaming and fintech. An avid crypto and slots enthusiast, most of his duties involve analyzing the latest and most intriguing payment methods. LiveCasinos.com, Bettingmetrics.com and Betting.com are just some of the sites with his prints all over them.

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