ELV Casinos 2024 - Online Casinos that Accept ELV Deposits

Elektronisches Lastschriftverfahren (Electronic Debit Procedure) or ELV, is a direct debit payment method available to the citizens of Germany since the 1950s. This is an alternate payment method for people who do not want to pay with their cards online. All transfers made through this method are processed instantly. To pay with ELV, you need to authorize a company to withdraw money directly from your bank account. You must provide your account number and authorization information to the company, which will debit the amount for the service. After receiving the info, the company will process the transaction through a third party payment gateway. The bank does not check the balance of the account, and if the balance is insufficient, chargeback fees may be applied.