Security, Chargebacks, and Disputes: How Safe Is CashTerminal for Online Gambling?
Cashterminal is considered a safe and reliable payment method for online gambling within Bulgaria, primarily because it operates as a cash-based system. Since users deposit physical cash at local kiosks, there’s no need to share sensitive banking or card information with online casinos. This significantly reduces the risk of data breaches, fraud, or unauthorized transactions. The network of kiosks is monitored and maintained by Intercapital Group S.A., ensuring that each transaction is securely processed in real time.
When it comes to chargebacks and disputes, Cashterminal works differently from card payments or e-wallets. Because deposits are made in cash, once the transaction is confirmed and credited to a casino account, it cannot be reversed. This eliminates the possibility of chargebacks, which is beneficial for casinos but requires players to be careful and double-check details before making a deposit. For any issues, disputes must be resolved directly with the casino’s customer support rather than through the payment provider.
Despite the lack of chargebacks, Cashterminal remains a trusted method for privacy-conscious players, as all deposits are recorded at the kiosk, creating a clear and verifiable transaction history. This transparency allows both players and casinos to track payments accurately. Overall, while it doesn’t offer the reversal protections of card or e-wallet payments, Cashterminal is secure, simple, and well-suited for local online gambling, provided players stick to licensed and regulated Bulgarian casinos.