Boku and Payforit are two extraordinarily popular payment options at online and mobile casinos, each of which facilitates payments from players’ phone bills or pay-as-you-go credit directly into their mobile or online casino accounts.
There are so many similarities that it’s led players to wonder if there are actually any differences at all, or if Boku and Payforit are effectively the same depositing method. We thought we’d take a moment to explode some of the theories behind the payment methods, and decide whether you can spot the differences.
Why Boku And Payforit Seem So Similar
Both Boku and Payforit allow players to make deposits via phone bill at mobile casinos. Each of them requires only a smartphone and mobile number in order to make a deposit. Both have transaction limits of £10 and daily limits of £30. All in all, these deposit methods seem pretty much the same – why is that?
Well, Boku and Payforit are both simply payment intermediaries for premium SMS services run by the mobile phone network providers. Let’s break down what all that means really quickly. The easiest place to start is to break down what is meant by premium SMS.
If you live in the UK and have a mobile phone, chances are you’re with a network which will facilitate premium SMS messages. These messages are basically texts which are charged way above the standard rate, where the value of the text is transferred to the account of the number or service you’re texting.
What this means is that you can use these services to transfer money for payment for products, services, bills, or in this case, deposits at mobile casinos. In order for these payments to take place, you need a middleman services, which is where another of those confusing phrases comes is: payment intermediary.
The payment intermediary is the service which installs its interface at the casinos (or other places which allow premium SMS use) and acts as the go-between between the casinos, the user, and the mobile phone network providers. Boku and Payforit are these services.
Different Brands, Same Great Service
Other payment Intermediaries exist, but Boku and Payforit are the largest
So, Boku and Payforit are effectively just different faces of the same service, functioning in the same way, just under different names. They may have different arrangements with the vendors or network providers, but in terms of the players’ experience, there is little to no discernible difference. What players will experience, however, is one of the best, easiest and most convenient payment solutions you’re able to find at mobile casinos.
Premium SMS deposits – whether by Boku or Payforit – owe their popularity to the fact that they only require players to have their handset with them when they want to deposit, the deposit will be in your account within a matter of moments thanks to instant payments, and the multi-level security features mean no one can get their hands on your money if you use these deposit methods.
It’s worth pointing out that there are other payment intermediaries on the market, but that Boku and Payforit are by far the biggest.
