What Is Cashlib and How It Dominates Online Casino Payments?
Cashlib is a prepaid voucher system created in 2015, distributed by Fenix Technology SAS in Paris, with electronic money issued by Sureswipe EMI PLC under license from the Central Bank of Cyprus. Instead of using a card or bank transfer, you buy a voucher worth between €10 and €250 and receive a 16-digit code. That code can be entered at online casinos for an instant deposit, and any unused balance stays active on the voucher. Around 10 million transactions are processed yearly, which suggests an active user base in the low millions. Cashlib’s strength is its simplicity: no registration is required to use the voucher, purchases are available at retail points and online resellers, and transactions are validated in real time.
Privacy is another key appeal, since players never share banking details with casinos, and deposits show up as generic voucher purchases if bought online or not at all if bought with cash. Security is handled through strong encryption, transaction monitoring, and the fact that the risk is limited to the voucher’s value. Casinos favor it because funds are guaranteed and irreversible, which reduces fraud risk on their side. While Cashlib is mainly a European solution, with strong presence in France, Belgium, the Netherlands, and the UK, expansion has reached more than 30 countries, and acceptance in new casinos continues to grow.