Login

Don't have an account?Sign up

Stay logged in Forgotten password

Boleto Bancário Casinos

Boleto Bancario is one of the most common payment services for residents in Brazil. The company currently boasts a 25% market share of the Brazilian payment industry. It is responsible for more than 3 billion transactions each year, with many residents using it in their day-to-day lives.

Brazil is a country with notoriously strict gambling rules since their social party came into power. Many traditional methods like bank transfers and credit cards can get blocked, making it difficult for customers to play online. Since then, many alternative payment methods have popped up to cater exclusively to this growing demand. One of the most popular is Boleto Bancario. Roughly translated, Boleto means ‘Ticket.’

Boleto operates a Consumer-Push voucher, where the customer receives a pre-filled invoice and pays it via various secure ways. This solution offers a range of benefits to merchants and customers, with reduced fraud, convenient local cash & online payment options, and easy access to more online services. The list of Boleto Bancario casinos catering to this market has recently increased, and now you can find more than 50 catering to Brazilians.

A Brief History of Boleto Bancario

Boleto Bancario was founded in 1993 in Curitiba, Brazil. Matheus Bernert was the co-founder & CEO, with Eduardo Simio also co-founder. This team had a view to offering a more diverse and fluent payment system that the entire population could easily use. Not just those that owned bank accounts. They had a goal to open payments to the whole country.

The system grew and became popular, eventually partnering with Brazil’s Central Bank as a primary payment gateway. This move helped the company boom and gain millions of loyal customers across Brazil. They also became part of EBANX, expanding their reach to big merchant giants like Alibaba and Wish.

Fast forward to today, and you can pay Boleto vouchers at 45,000 ATMs, 12,000 Lottery Agents, 1000’s Post Offices, and many other reputable businesses. Due to this simplicity, a Boleto is one of the most common casino payment methods for Brazilians. Over 3 Billion transactions are processed every year, making an average of over 8 Million boleto payments each day!

Boleto Bancario – Pros and Cons

Pros

  • No bank or credit card is needed.
  • No risk of chargebacks or identity fraud
  • Convenient cash payment method for millions of Brazilians

Cons

  • Slow processing time: Settlement = 2-3 days
  • Bank processing fees involved (1-12BRL)
  • No withdrawals

How to use Boleto Bancario at Online Casinos

The first step is finding the best Boleto Bancario casinos and picking which one to sign up for. Once you’ve discovered your site, you will need to create an account and fill out all the necessary details. It’s essential to fill in your details correctly because you will need to verify your ID to make a cashout if you win.

Once you’ve verified your email and have your casino account set up, it’s time to make a deposit. Navigate over to the Cashier section in the lobby. You will see numerous options. Look for Boleto Bancario and click that to get started.

Here you will need to enter details for your transaction. This will include the amount you wish to deposit and currency. Once complete, the casino will supply send you to a Boleto Bancario page.

You will find a pre-filled Boleto slip with the details so you can pay their agent for the deposit. This will include the Barcode, Merchant Name, Vendor Name, Bank Name, Due Date, and the fields for you to fill in.

You can choose to pay via online banking or offline with a printed ticket. If the boleto isn’t paid by the due date, you will incur late fees for each additional day.

If paying offline, you will need to head down to a local bank, Boleto ATM, Lottery Agent, Post Office, or other business that’s authorized to process the voucher. There will be a bank processing fee that varies between 1-12BR.

Once you’ve paid the voucher, you will receive a confirmation number. The confirmation is straight away, but fund settlement can take 2-3 business days. Once this is complete, the funds will be available to play in your casino account.

Unfortunately, you can not use Boleto to process withdrawals at online gambling sites. This is a bit of a setback, but many of the top online casinos offer a range of other handy cash-out options, including Cash, E-Wallets, Mobile Payments, Crypto Currency, and ATM payments. So when you’re looking for your ideal online site, have a look at their withdrawal options to make an informed decision.

Conclusion

Boleto Bancario is a well-established, trusted, and regulated payment method available for Brazilians. The system provides a secure way for customers to pay online or offline at cash at ATMs, banks, and shops, without using their banking or credit card details online.

It’s no wonder they have nearly 25% market share in Brazil. With more and more merchants popping up, like Boleto Bancario casinos, this payment method is trendy and the perfect way for Brazilians to fund their online accounts securely.

 

  • Wallacebet Casino
  • Wallacebet Casino

    UP TO €600 WELCOME BONUS
    United StatesRestricted in United States

    For new players on the first 3 deposits. (18+) Maximum bet is €5  per spin and maximum bonus is €200 for each deposit. Wagering requirement is 40x the bonus and deposit combined. Full T&C’s apply.

    Visit Casino
    Read Review
  • 4.2
  • Brazino777 Casino
  • Brazino777 Casino

    UP TO AU$300 WELCOME BONUS
    United StatesRestricted in United States

    Available only to new Brazino777 players. The 1st deposit must be at least $ €10 or above. Maximum bonus is $ €200. Wager of 100% 1st deposit is X30 for casino games, which means that the player must place bets in casino games for a total amount exceeding 30 times the amount of the bonus. Full T&C’s applies.

    Visit Casino
    Read Review
  • 4.7
  • Spinfinity Casino
  • Spinfinity Casino

    250% WELCOME BONUS UP TO $2,500
    United StatesAllowed in United States

    Qualified for the first 5 deposits with minimum deposit of $35 or higher while it is only a $10 minimum deposit with Bitcoin. Players have to be 21 and over or the legal of age of your jurisdiction. Wagering requirements of 40x the bonus must be complete before withdrawals can be done. Having said that, additional T&C’s apply.

    Visit Casino
    Read Review
  • 3.8
  • Sons of Slots Casino
  • Sons of Slots Casino

    UP TO €400 & 50 SPINS
    United StatesRestricted in United States

    Limited to 1 player per household. A minimum deposit of 20 EUR. The free spins will be available on Aloha! Cluster Pays video slot. This bonus has to be wagered 50x times the deposit plus bonus amount before a withdrawal request can be made. Full T&C’s apply.

    Visit Casino
    Read Review
  • 4
Showing 1-4 out of 4

Boleto Bancário FAQ

  • Is Boleto Bancario safe to use?

    Yes, Boleto is safe to use. The company is regulated by FEBRABAN (Brazilian Federal Banks) and processes millions of transactions each day. It has 25% payments market share and uses a secure banking system.

  • Do all sites accept Boleto Bancario?

    No, unfortunately, not all sites accept Boleto payments just yet. There are many great Brazil/South American sites that do offer this payment method. These include 1xBet, MegaPari, MelBet, Batano, ApuestaTotal, and more.

  • Are there fees for using Boleto?

    Yes, depending on which bank is processing the Boleto, there will be a fee between 1-12BRL. You will also need to pay the Boleto by the due date. Otherwise, you will receive late payment fees.

  • Is Gambling safe in Brazil?

    While gambling is illegal in Brazil, there are recent works to regulate sports betting so that the situation could improve. However, as a casino player, you’re not breaching any rules. Only the sites operating are. So it is pretty safe to gamble from Brazil. For added security, maybe try a VPN.

Follow Us

Subscribe to our newsletter

Play Responsibly and in Moderation

NewCasinos.org is an entirely independent source of information about online casinos, online casino games and online gambling in general. It is not tied to, controlled by or directly associated with any specific gambling operator. All information present upon the site is provided independently and honestly. It is created by experts in the field of online casinos and associated topics which are not tied to or influenced by any specific gambling operator. Please be aware that our content creators receive remuneration for the information they provide, but that remuneration is provided solely by NewCasinos.org. All information presented on the site is provided for illustrative purposes only. It cannot and should not be relied upon or construed as legal advice. If you use the services provided by any online casino or gambling services provider no matter your jurisdiction, you should always do so in a way that meets all regularity requirements. Copyright ©