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The Abaqoos payment method is similar to an online e-wallet but prefers to market itself with the word ‘voucher’. It is important to note that there is essentially two main Abaqoos products – an e-wallet and voucher, the former of which is only available to users which have an OTP Bank account, which comprises of an OTPDirekt account variation.
There are a total of eight banks account linked to the Abaqoos system, all of which are Hungarian. These linked banks include:
CIB Bank, Budapest Bank, KH Bank, Erste Bank, OTP Bank, MKB Bank, Unicredit Bank and Raiffeisen Bank.
How do you use the Abaqoos payment method?
Firstly anyone wishing to use this payment method must sign up for Abaqoos via the website, which is free of charge.
The only services which currently accept the Abaqoos system are online casino and gaming sites, as well as tickets for cultural and entertainment events taking place in Hungary and sold by the ticket selling site Jegymester.
A user must specify what they intend to purchase with Abaqoos when they sign up to the system. If the user stipulates they will be using Abaqoos for online gaming, they can only use their Abaqoos voucher for this purpose. By the same token, if they require Abaqoos to buy tickets for events, the voucher may only be used to buy tickets from Jegymaster.
Upon registration to the system, the user will be sent a unique virtual account number, which is referred to as a ‘voucher’, as well as a password and a username. The account will need to be uploaded with money in order for it to be used. Users can upload money into their Abaqoos account either by making a deposit in cash from one of the eight listed Hungarian banks, as well as the Post Office in Hungary, or by making an online transfer from one of the associated bank account.
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