Time is money and of course that also applies to online poker deposits and withdrawals. That's why we were immediately curious when we first tested Luxon Pay. The service is a mixture of eWallet and app. This is practical right away, as nowadays we always have our mobile phone close at hand. We tested how Luxon Pay for online poker providers and let you know how the payment provider works in this review.
How does Luxon Pay work?
First and foremost, Luxon Pay is a classic eWallet. You deposit money that is then available to be used for online payments and transactions. You can get an overview of your account balance and transaction history both on any browser and via the Luxon Pay app. Depending on your country, there are different ways to deposit money into your Luxon account.
How to create an account at Luxon Pay?
- Head over to luxon.com and click on Sign Up.
- Enter your phone number.
- You will receive a text message with a 6-digit number which you need to enter to confirm your phone.
- Enter your personal details (including your ID number and address).
- Enter your email and set a password.
- You will receive a welcome email to verify your email address.
Verify your identity
Next you should verify your identity by taking a picture of one of your official documents:
- Passport
- Drivers Licence
- ID Card
It's easiest to use your phone for this process. You will also need to provide a picture of your face. This automated process only takes a few seconds. The data will be reviewed manually and you will be notified once your identity is verified.
Verify your address
Next you should verify your address by uploading a recent utility bill or bank statement:
- Document must be addressed to you
- Document must show your full and correct address
- Document can be a bank statement or any recent bill except a mobile phone bill
- Document must be dated within the last 6 months
- Please note your driving licence cannot be accepted as proof of address
It is easiest to download a document onto your phone from online banking and save it as a PDF to your files before uploading it to your Luxon Pay account.
Depositing money
Once your identity is verified you can deposit money into your Luxon account.
Depending on your location the methods you can use to deposit funds vary. The most commonly available methods are:
- Wire Transfer
- Interac
- Visa or Mastercard
- Trustly
- Giropay
- Klarna / Sofort
Most deposit methods are instant. Only bank wire transfer takes a few days (usually 1 to 3) to be processed. Each transaction must be at least €20.
Withdrawing Money from Luxon Pay
You can withdraw from Luxon Pay via the same method you used to deposit. All withdrawals are free of charge, but you must withdraw at least €20.
Withdrawal times vary from method to method. Withdrawals to credit cards, can be instant but can also take up to 3 business days. Withdrawals to a bank account need between 1 day up to up to 7 business days.
Using Luxon Pay to Play Online Poker
Many poker sites are accepting Luxon Pay in 2023.
Among those are:
Luxon Pay can also be used in multiple live casinos to easily pay for live tournament buy-ins.
Crypto Deposits with Luxon Pay
Luxon Pay partners with Coin Rivet to also allow buying and selling of various crypto currencies. To use the feature, users need to have an account with Coin Rivet. This account the Luxon account can be connected with a few clicks.
Currently trading Bitcoin, Ethereum and Litecoin is possible. Support for Tether (USDT) and USD Coin (USDC) will be implemented in the near future.
Luxon Pay Fees
For personal users Luxon Pay fees are dependant on the players VIP level, please see the fees below.
Overview of all Fees:
| Action | Fee |
|---|---|
| Deposits into Luxon Pay | No fee (Fees may apply for Standard users and certain deposit methods) |
| Instant transfer to other Luxon Pay users | No fee |
| Receive transfers from other Luxon Pay users | No fee |
| Currency exchange | 0% - 2% Fee (2% Standard users / 1% Classic / 0.5% Premium and no fee for Noir users) |
| Deposits to Merchants | No fee |
| Withdrawals from Merchants | No fee |
| Bank Withdrawals (SEPA & UK) | €10 Fee (free for Classic / Premium and Noir users) |
| Bank Withdrawals (SWIFT) | €20 Fee (free for Premium and Noir users) |
| Card and ATM withdrawals | No fee (Fees may apply for Standard users and certain deposit methods) |
Luxon Pay VIP program
Luxon Pay has three VIP levels: Classic, Premium and Noir. All levels are free and to reach one of the VIP levels the user simply has to use Luxon to deposit into merchants.
Currently the main advantage of a higher VIP level are cheaper (or even free) currency exchanges. On the lowest level a 2% fee will be applied when exchanging currencies. At the highest VIP level (Noir) currency exchanges don't incur a fee.
Quarterly deposits needed for each VIP level:
- Luxon Classic: €3,000 - €9,999
- Luxon Premium: €10,000 - €29,999
- Luxon Noir: more than €30,000
Multi-Currency Wallet
Luxon Pay allows many different currencies and exchanges between those currencies. Currency exchanges incur a small fee except for Noir VIP users.
The following currencies are accepted as of now:
- USD US Dollar
- CAD Canadian Dollar
- EUR Euro
- GBP British Pound
- CHF Swiss Franc
- DKK Danish Krone
- NOK Norwegian Krone
- PLN Polish Zloty
- SEK Swedish Krona
- USDT
- USDC
Luxon Support
Luxon Pay has three support options:
- FAQ: The Luxon site offers multiple very extensive FAQ section which answer many questions regarding the payment provider.
- Live Chat: On luxon.com users can access a live chat 24/7.
- Email: Users can also contact Luxon via email. The address is [email protected]
Luxon Pay FAQs
-
Where is Luxon Pay currently available?
Luxon Pay is available in more than 120 countries. Users from virtually all European countries, Canada and from all countries in South America can create a Luxon account and use the payment provider for deposits and withdrawals. -
Is Luxon Pay available in the US?
Currently Luxon Pay is not available in the United States. It is unlikely the payment provider will be made available for US users anytime soon. -
What deposit methods does Luxon Pay offer?
Luxon Pay has multiple deposit options. Which ones are available depends on the country of the users. Most common accepted deposit options are Visa and Mastercard, Trustly, Giropay and wire transfer for larger amounts. -
How long do Luxon withdrawals take?
Luxon withdrawals take a few days to be processed. Withdrawals to cards usually take between 1 and 3 business days, withdrawals via wire transfer can take up to 7 days (but are usually processed within 3 business days). -
Does Luxon Pay charge fees?
Luxon Pay charges fees dependant on the users VIP level. Noir VIP users receive no fees including no exchange rate fees. Classic and Premium VIP users are charged reduced fees and standard (non VIP) users will be charged fees on exchange rates and may be charged fees on deposits and withdrawals depending on the methods used. -
How does Luxon Pay work?
Luxon Pay stores multiple currencies and allows you to exchange them, swap with friends and sync your contacts. -
Is Luxon Pay safe?
Luxon Pay is fully regulated by the FCA and is operational in more than 120 countries. -
Where is Luxon Pay based?
Luxon Pay is based in Nottingham in the United Kingdom.