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Abaqoos

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Abaqoos was a Hungarian online payment account service, now discontinued.

Overview

About Abaqoos

Abaqoos was an online payment account used mainly in Hungary and parts of Central Europe, allowing online payments without direct card use. The service has been discontinued and is no longer a usable deposit method; the entry is retained for reference to legacy listings.

Abaqoos was a popular gambling deposit method for Hungarian players, accepted at a number of betting sites and valued for its speed and lack of fees. The service has since shut down, so Hungarian players need to choose another deposit method.

A secondary advantage of Abaqoos was its protection of your banking details: deposits moved by direct bank transfer between the customer's own account and bank accounts held by the betting site, so the gaming site never saw the customer's banking information.

Abaqoos was primarily used to process Hungarian forint transactions, although some online casinos also accepted USD and EUR deposits via Abaqoos.

More Information

Abaqoos offered two different types of accounts. One was an actual e-wallet account, while the other was an "online voucher" account; in practice they operated in the same basic manner. The only difference was that the e-wallet account was available only to customers of OTP Bank and could be reloaded even when the bank was closed.

The voucher system worked like any other e-wallet except that funds could only be loaded during the bank's business hours. It could not be used to receive payouts, so winnings were paid out by wire transfer or cheque instead.