Abaqoos is available for certain types of online transactions, specifically online gaming, plus a couple of other Hungarian online merchants. It is an online voucher payment service available to Hungarians. It works in a similar way to other prepaid payment methods, in that it is funded via one’s bank account, with these funds then available to be spent at the selected pre-approved merchants.
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Abaqoos, unlike many other payment methods can only be funded by means of a direct bank transfer or cash transfer effected at any of a number of Hungarian banks that have agreements with Abaqoos. These banks are listed on the Abaqoos website and include Budapest Bank, CIB Bank, Erste Bank, and K&H Bank. Funds can also be transferred by going into the Hungarian Post Office. You can not fund an Abaqoos voucher using a credit card.
Abaqoos vouchers can also only be used at the specific online merchants that the voucher is made out to, so when you purchase a voucher you need to specify where you intend to use it.
Before you make any transfers you need to register at the Abaqoos website, which then provides you with blank vouchers that you can transfer funds to. Vouchers can be recharged when you need to. You can also recharge these vouchers over the phone, again by making a bank transfer. Note that when you make a bank transfer, the availability of funds in your Abaqoos voucher is subject to the rules and possible time delays associated with the processes of your local bank.
There is no minimum or maximum amount required to fund an Abaqoos voucher – you can transfer as much or as little as you want. You can also spend as much or as little of the funds in your voucher as you want – you don’t have to spend it all at the same time. Abaqoos does not charge you any fees for obtaining a voucher or for transferring money to and from your voucher.
Abaqoos thus provides Hungarian gamers with a secure and convenient way of funding their online play, without ever having to disclose any of their banking details to the casino or gaming provider that they make a deposit at or a withdrawal from.