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cabClickandBuy is one of the first online payment systems. The company is founded in 1999 in Cologne, Germany. Currently their office is registered at 6-9 Cynthia Street, London, N1 9JF, United Kingdom. They offer an electronic money service in accordance with the applicable legislation of the United Kingdom, Great Britain and Northern Ireland; and they are regulated by the Financial Conduct Authority (FCA). Over 14 million customers already use ClickandBuy to pay at over 16,000 registered online shops – including great many gambling operators. Currently there are over 50 local and international payment methods and billing available in over 120 currencies worldwide.

Since March 2010 ClickandBuy, as a 100% subsidiary of Deutsche Telekom AG, has been representing the online-payment strategy of Europe's largest telecommunications company.

 

Registration, verification and limits

 

In order to use the systems, you need to make a registration and fill a short form. You could verify your account and the payment instruments you would use. To do that, you have to follow the instructions in the relevant sections of the website. There are verification levels with various spending limits. There is a specific spending limit for every user, based on the chosen payment method and the account’s status.  The users of ClickandBuy have the option to place a personal payout limit per month and thus limiting themselves from spending more than they desire.

 

Making a deposit (upload) and making a withdrawal from your ClickandBuy account

 

In order to make you online payments, first you need to make a deposit to your ClickandBuy account. You may do so before making an online payment or during the payment. The ones who choose the upload their account before making a payment have a whole variety of deposit methods to choose from.  These methods are different according to your location and account status. The available online payments are- sending money to a gambling operator (or any merchant in the system), as well as receiving money from the operators and other merchants.

The system doesn’t collect any fees for the payments you make. ClickandBuy doesn’t allow transfers between physical accounts of their users.

You can make a withdrawal to your card or your bank account at any time. For safety measures it is better to verify your card or the bank account you would like to make the withdrawal to. ClickandBuy doesn’t collect any fees for making withdrawals to verified cards or bank accounts.

 

Fees for the service

 

Making a registration, as well as sending and receiving money is free of charge. When you make a pre-load to you account via credit card, there is a fee- 3.9% of the amount deposited, while deposits made via bank transfer or direct withdrawal are free of charge.

Payouts to a verified bank account are made at no charge, whereas € 1.50 will be deducted by payouts to an unconfirmed bank account.

When, making a transaction, it is necessary to change the currency, then there is a fee of 5.9%.

 

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