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PayNearMe betting sites in Oregon

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Online sports betting in Oregon has never been easy without the help of payment methods like PayNearMe. For instance, PayNearMe betting sites in Oregon are very synonymous with the industry’s leading betting sites like DraftKings, FanDuel, and BetMGM.

The main reasons for its popularity are the ease of use and security it guarantees to your money. And the PayNearMe betting sites in Oregon include DraftKings sportsbook, TVG, DRF Bets, and AmWager racebooks.

About PayNearMe

Launched in 2009 as a subsidiary of Handle Financial, Inc. Indeed, PayNearMe came to life with the idea of providing people with a quick way to make payments at retail stores like 7-Eleven. But the payment solution has since garnered popularity and it now processes billions of dollars each year. Besides, its collaborations with over 27,000 locations allow users to pay utility bills at any Family Dollar location or CVS.

Interestingly, the massive daily transactions do not hinder it from processing each transaction instantly for various online purchases like those related to gambling. So, how does PayNearMe work? The method works by simply taking customers’ cash amounts and transferring the same to their respective OR sportsbook accounts. Besides, PayNearMe has joined forces with a number of mobile wallets like Apple Pay and Google Pay, banks, debit, and credit cards.

Depositing to Oregon betting sites using PayNearMe

Making deposits using PayNearMe on Oregon betting sites follows a similar procedure whether you are betting on horse races or football in Oregon. For bank account and card users, they must provide contact information, payment, and account details to complete the transaction.

And cash users only have to present their printed barcodes or show their email/text messages and pay cash at the partner retail location. Note that the maximum you can deposit within 24 hours is $2,500.

Below are steps to deposit funds into the betting sites that accept PayNearMe in Oregon:

  1. Visit any of the PayNearMe betting sites in Oregon, navigate to the cashier section, and choose the deposit option.
  2. From the list of deposit options, choose the PayNearMe method and enter your preferred deposit amount. As an option, you can fill in a bonus code if you have any.
  3. Click the, ‘Generate PayCode’ button. This will direct you to PayNearMe official site where you’ll find your barcode.
  4. For cash payments, go to any 7-Eleven, CVS, or Family Dollar retail location and present the code alongside the money you wanted to deposit. Here, the clerk will scan the barcode, confirm the amount, make the payment, and authorize payment which will be processed right away.
  5. If you wish to complete the payment using your bank, credit, or debit card, you’ll choose one of them and enter their details before completing the transaction. Notably, you do not need to generate a new barcode every time you want to make deposits because the PayCode is reusable. And you can generate a new one if you displace one. Also, note that the minimum you can deposit via the method is $10.

Advantages of using PayNearMe for sports betting in OR

There are many advantages to using PayNearMe for online sports betting in Oregon. PayNearMe makes deposits into sports betting accounts more old-fashioned where you make deposits in cash.

And even though the current world’s payment is almost entirely virtual, having a vintage method is quite satisfying. Besides, this form of payment comes with a myriad of advantages as shown below.

  • Your information is private: PayNearMe is all about anonymity. When you make your payments using cash, the service provider gives you a code that you take to the retail location and the clerk only feeds it to the system and all they can do is verify the amount you want to deposit.
  • Safe & secure: The provider takes every customer’s details seriously and has multiple third parties dealing with privacy, certifications, and security of the data. Besides, the company; ‘Handle Financial, Inc.’ conducts a yearly PCI DSS examination with a certified Qualified Security Assessor (QSA).
  • You keep control over your betting (because you need to visit a store to deposit): Making deposits to PayNearMe betting sites in Oregon in cash requires one to get the PayCode and then get to the nearest retail location with the code and cash. This may be a bit of an inconvenience to some who may be busy or a bit far from any PayNearMe participating retail store.
  • Available 24/7: All the participating CVS, 7-Eleven, and Family Dollar stores in Oregon are open to customers on a 24/7 basis. So, players have the convenience of getting there and making deposits at any time of the day and placing on their favorite sports.

Disadvantages of using PayNearMe for sports betting

Below are the detailed disadvantages of using PayNearMe on transactions with Oregon betting sites.

  • You need to travel: No matter the place, players have to travel to make deposits to PayNearMe betting sites in Oregon because it is still an in-person payment method.
  • Only cash can be used: Currently, players can only deposit to betting sites that accept PayNearMe in Oregon with cash. In this case, many players who’d wish to add funds to their betting accounts via PayNearMe connected to their bank accounts are locked out.
  • There are fees associated: Unlike other methods that offer free deposits in most of the Oregon betting sites, depositing via PayNearMe comes at a cost.
  • You can miss out on bonuses: Most of the betting sites that accept PayNearMe in Oregon don’t offer bonuses associated with it. Many betting sites are on the move to encourage online money transfers and offer bonuses to promote them. So, a cash payment System like PayNearMe misses out.

Alternatives to using PayNearMe for sports betting in Oregon

There are some alternatives for using PayNearMe for sports betting in Oregon. Apart from the cash payments made possible by PayNearMe, other companies employ technology to allow for transactions online. Their main objective is to enable one to transfer money directly from their bank accounts to the betting site accounts.

Besides, others like e-wallets go the extra mile of giving users an electronic wallet. Otherwise, some banks even allow users to make direct transactions to their betting site accounts online. Let’s look at some of these PayNearMe alternatives closely.

  • Credit and debit cards: Credit and debit cards are payment cards offered by banks that allow users to access funds in their savings or checking accounts to make purchases. Visa and Mastercard betting sites are the two main universally accepted cards that are common in the state.
  • E-wallets: PayPal, Skrill, Pioneer, and Venmo are synonymous with electronic wallets with massive usage. They are advantageous over PayNearMe because they not only allow for online transactions but also act as betting bankrolls.
  • Online banking: Online banking is the most recommended payment method to use when sports betting. Online banking allows players to transfer money directly from their bank accounts into their sportsbooks.

FAQ

What are the fees that go along with PayNearMe on Oregon betting sites?

Between $1.99 and $5.99 are the fees for using PayNearMe on Oregon betting sites. The range is caused by the choice of betting site and the amount one wished to deposit. But 70% of the betting sites that accept PayNearMe in Oregon charge a minimum of $1.99. So, we encourage our readers to always check the fee displayed while you start your transaction.

Are there limits to depositing at sportsbooks in Oregon using PayNearMe?

Yes, there are limits to depositing at Oregon sportsbooks with PayNearMe. You can make deposits up to a maximum of $2,500 within a 24-hour period. And in the period, no single transaction should not exceed $1000. Although this may sound disappointing for high rollers, it's a higher value than with other betting sites. So, with its top security, the deposit limit is quite fine.

Is PayNearMe safe to use at betting sites in OR?

Yes, PayNearMe is safe to use at betting sites in Oregon. PayNearMe employs different security layers from different companies. Besides, it employs a third-party company assessment system. And the payments, especially cash payments are very anonymous making them safer. So, PayNearMe betting sites in Oregon are as safe as they can ever be, thanks to PayNearMe's priority on security measures.