CASHlib vs. Discover

Starting an online gambling venture is much easier than most people think, especially when payment methods like CASHlib and Discover come into play. These services operate differently, but they both serve the same purpose. Through their various perks, they aim to make online transactions a safe and convenient activity, whether that’s in the gambling world or outside of it. Thankfully they’re pretty successful at this. These payment options are popular due to their excellent offers, so you’ll likely run into them often when browsing online casinos. While having some advantages gives them a leg up, these methods are just a drop in the sea of payment services available. Knowing this, one important question arises. Why choose CASHlib or Discover as your online casino payment?

About CASHlib and Discover

It’s not hard to tell that CASHlib and Discover are very different services. While the latter is a traditional bank card that incorporates some modern features, the former is a voucher available in-store and online. Naturally, the credit card in this equation is a likely choice for fans of something more old-school. It’s a reliable method most people are familiar with, so it doesn’t require any more hassle than necessary. Vouchers are perfect alternatives to bank cards. They’re designed to grant maximum privacy and are an excellent payment option in countries affected by the online gambling credit card ban, like Germany and the UK.

The first method we’ll be checking out today is CASHlib. It might surprise some users to learn that this service debuted not too long ago in 2015. Despite its relative novelty, it’s done an excellent job spreading its wings and taking off. At the start, the service gained some traction in a few European countries. Once it had a chance to establish itself, it grew to reach many other territories across the globe. The success of this method isn't too hard to grasp. The service is an excellent choice for users that want to preserve their privacy when making online transactions.

One of the most impressive things about the rise of this service is its start. As we already discussed, the service started small, operating only in a few European countries. Its limited launch was a big obstacle, as marketing wasn’t something the company could invest in. Thankfully, the quality of the voucher spoke louder than any ad campaign! The service expanded substantially not too long after starting, reaching countries like the UK, Poland, Germany, Luxemburg, Belgium, France, the Netherlands, Spain, Greece, French Guiana, and others! As a result of its current popularity, you can find the voucher in many physical shops in these locations. You can also pick it up online through various resellers.

Discover is a credit card service launched in 1986 by the US company - Discover Financial Services. While the method has been on the market for decades, compared to bank card giants like VISA, MasterCard, and AmEx, it had a late launch. Despite debuting on a scene with so many well-established competitors, the service thrived and managed to amass a substantial audience globally. Of course, there’s a good reason for this. The credit card used its late debut to its advantage, adding top-tier features to its offer that other bank cards didn’t have. With these at its side, it now has over 5 million active users!

As you can probably guess, Discover’s primary market is the USA. Since the service is based in the region, it’s managed to do well with the locals. Of course, its reach in other countries shouldn’t be discounted. The service has been growing steadily in Europe, reaching new territories as time passes. What’s interesting about this is users tend to ditch other similar methods in favor of it. Most of them had already used credit card services before stumbling upon this one. Naturally, we can’t say that we blame them. Thanks to its unique benefits like a lack of annual fees and cashback there’s plenty to look forward to when using this particular option.

Discover’s list of exclusive benefits has made it the talk of the town in several industries. As expected, online gambling is one of them. Since users don’t need to pay annual fees to maintain their account, it’s already far ahead of the competition. When you add to this the 5% cashback on all transactions, the method feels like it was made for online casinos! Users often combine this generous cashback offer with the casino bonuses found in most venues to extend their playtime substantially. Knowing this, it shouldn’t surprise players that it's a viable option in over 100 online casinos!

One last thing to note about Discover is the security it offers. A feature unique to this service is the addition of merchant codes. Essentially, Discover Financial Services adds a unique merchant code to all of the partnering companies in its network. Thanks to this, it’s easy to track transactions and ensure they’re going smoothly to their intended destination. While this is undoubtedly a good thing, it was a point of contention in the online gambling space in the past. US banks used this code to their advantage to reject all gambling transactions made by users. Online gambling laws were different then, so in a way, this was done to keep users safe. Thankfully, this is no longer something US players need to concern themselves with.

Getting Started with the Two Methods

With CASHlib, the getting started process is as easy as purchasing your voucher. Of course, the service is all about convenience, so it gives users two ways to do this. The first is visiting a physical location and getting your hands on one in person. Tons of shops support this service, but if you’re having trouble finding one, you can visit the service’s website and use the handy locator tool. The feature will pin your location and show you all nearby options. With this information at your side, you can head over to a supported merchant and get started.

The CASHlib voucher comes in several denominations ranging from €10 to €250. This gives users a chance to choose one that best suits their needs. Something to keep in mind is that while €250 is the maximum value per voucher, you can combine up to five of these to make a single deposit! If you’re a casino high roller, this is excellent news. Another thing players should keep in mind is that these vouchers come with a unique 16-digit code. This code acts as a security feature, as it’s a necessary part of making a transaction with the service.

The other way players can purchase a CASHlib voucher is online. This can be done through the BeCharge platform, and it consists of pretty much the same steps needed to purchase one at a physical location. Simply choose a voucher in a preferred denomination, choose a payment option, and complete your purchase. Unfortunately, we have some bad news. Obtaining a voucher online is limited to a few countries. The option is available exclusively in France, Spain, Luxemburg, Belgium, and the UK.

The Discover getting-started process looks a lot different than the previous method. Thankfully, if you’ve ever applied for a bank card, you should already be familiar with it! Applying for a credit card with the service follows the same process, step-by-step, with one key difference - instead of having to visit a bank, users can complete their application online. This is due to the service’s financial platform. Before you get started, we suggest checking out the various card options you can apply for. They offer different perks, so choosing the right one can work in your favor.

Once you’ve landed on a choice, you can get things on their way. First, you’ll need to finish the more tedious part of the process, which includes filling out some forms. Since Discover is a credit card, your eligibility will be tested here. The question on these forms are on the personal side, so be prepared to disclose some private info. When you’re finished with these, you can proceed to the second and last step – verifying your identity. Submit a valid photo ID, and voila, you’re done! The service will review your application as soon as possible and have your card ready within days.

Using CASHlib and Discover Across Online Casinos

CASHlib and Discover are popular payment options in the online gambling space. Thanks to the slew of benefits they offer, online casino fans can’t get enough of these services! Currently, you’ll find both options in over 100 venues, respectively. The quality of these operators is enviable, and they all have proper licenses, so all that’s left for you to do is pick a method you like and start having fun.

If you choose to deposit with CASHlib, here’s what you need to do:

1. Head over to the casino’s Cashier/Payment Methods/Banking page and find CASHlib’s logo.
2. Click or tap on it, and in the pop-up window, enter the 16-digit code you received with the purchase receipt. 
3. Confirm the transaction.
4. The money you had on your voucher will be instantly transferred to your online casino balance.

We’re sure many of you have already figured this out, but since CASHlib is a prepaid voucher, it doesn’t support a withdrawal option. When using this service as a deposit method, you’ll need to add a withdrawal alternative to cash out your winnings. While this can be a hassle, there are many options you can go for. We suggest adding an eWallet since they facilitate quick transactions and usually have low transaction fees.

If you’ve landed on Discover as your go-to online casino payment option, here’s how to proceed:

1. Choose the “Deposit with Credit/Debit Card” option.
2. From the list of offered credit/debit cards, select Discover as your deposit option.
3. Enter the card information requested on the screen.
4. Enter the 3-digit verification code provided by Discover.
5. Specify how much you wish to deposit and confirm the transaction.
6. In an instant, the funds will arrive on your balance!

Withdrawing with Discover is easy as pie. Users will need to follow the same steps listed for depositing, with a change in step five that specifies you want to withdraw from your balance. While the process is convenient, there is a downside to withdrawing through the service. Since it is a traditional credit card, processing your withdrawal can take up to seven days. While the usual wait time is around five days, this is still a pretty long period compared to the instant cashout capabilities of methods like eWallets and digital currencies.

Advantages and Disadvantages

Choosing between these two options is no easy task. Both of them bring unique offers to the table that can undoubtedly enhance the casino gameplay experience. If you haven’t made your choice after reading through this text, we’ll summarize the biggest advantages and disadvantages of these services one more time to help nudge things along.

With CASHlib, users are privy to premium perks that make online gambling a blast. First, players are given heightened anonymity. Since the method is prepaid, users don’t have to share any personal information with a bank or the casino they’re playing in. On top of this, their safety is a top priority. The chances of your voucher being misused are almost zero, thanks to the security code required for every transaction. Unfortunately, this service lacks a withdrawal option, so no matter the case, you’ll need to add a cash-out alternative to get your hands on your winnings.

The advantages of using Discover as your casino payment method are many. They include cashback, worldwide coverage, no annual fees, no need for an account, and a banking platform that’s easy to navigate! Combined, these perks make online gambling an unforgettable experience. Of course, the downsides of the service may put a damper on this. The biggest issue with this option is the slow withdrawals. They can take days, testing any player’s patience. Additionally, like all credit cards, the service is banned for online gambling purposes in a select few countries.

If you can overlook their flaws, these payment methods are two of the best options you’ll find right now. They never fail to provide a reliable service, so take the leap and give the one you like a shot!