Clickandbuy is a global online e-wallet payment system. Clickandbuy can be used to shop online, transfer money and deposit to and withdraw from gambling sites. Clickandbuy is one of the most popular e-wallet services in the world, having an estimated 13 million customers that can shop online in more than 16,000 different merchants. All customers have to do is to upload funds to their account and they can begin to shop immediately.
History of Clickandbuy
Clickandbuy was established by Clickandbuy International Ltd in 1999 in Cologne, Germany, but later moved their operations to the United Kingdom. With the move to the United Kingdom, Clickandbuy became regulated under the Financial Services Authority (FSA) and gained trust in the financial world, due to that.
In 2009 Clickandbuy hit yearly revenues of €1 billion and had more than 300 employees.
In March 2010 Clickandbuy was sold to Deutsche Telekom, who is now the sole owner of the company. With Deutsche Telekom taking over the company, Clickandbuy began the process to catch up with other online e-wallets such as Skrill and Neteller.
In 2012, Clickandbuy introduced a partnership with Mastercard, to provide Clickandbuy customers with their own pre-paid Mastercard. This service has been provided by many other e-wallets for several years, but with the size of Clickandbuy's customer base; it was a huge step for both Clickandbuy and Mastercard.
Clickandbuy and Online Gambling
Clickandbuy was originally not intended to be used in online gambling, but rather to be used for online shopping. Despite this, Clickandbuy is a very popular method among gambling sites and players to use for deposit and withdrawals. Clickandbuy offers instant deposits and fast cash outs to their customers, making them a great service to use.
To start using Clickandbuy as your online gambling wallet, all you need to do is create an account, upload funds and deposit on the site you want to play on. When you want to withdraw your funds, you simply request it to be paid to your Clickandbuy account and from there you can spend the money or request a cash out to your bank.
Clickandbuy is a good, safe and reliable e-wallet, being regulated by the FSA and owned by Deutsche Telekom.
US Friendly Casinos and Clickandbuy
Clickandbuy accepts American customers to sign up and register an account, but doesn't allow Americans to do any transactions to and from gambling merchants. Clickandbuy could have been an ideal choice for American players, but Clickandbuy decided to follow the Unlawful Internet Gambling Enforcement Act (UIGEA) and block all transactions.
Despite not being available for American players, most US friendly casino sites accept Clickandbuy as a deposit and withdrawal method. The reason for this is because many of Clickandbuy's 13 million customers are based out of Europe.