The Money Factory Payment Methods & Redemption Options 2025

The Money Factory Sweepstakes Casino offers over 1000 games, including tons of slots, table games, live dealer games, and instant win games like scratchcards. These games can be played for free at The Money Factory using Gold Coins. As The Money Factor is an online sweepstakes casino, players can also play for Sweepstakes Coins (Sweeps Coins). This adds excitement, as Sweeps Coins can be redeemed for real cash prizes!

While Gold Coins can be received for free in various ways, users at The Money Factory can also purchase additional coin packages using various payment methods, including credit and debit cards, Skrill, and Apple Pay. After surpassing a minimum threshold, cash redemption can be made using Skrill or a bank transfer.

THE MONEY FACTORY PURCHASE PROCESS

New players at The Money Factory can start off with tons of Gold Coins by using this generous welcome offer:

Users can also get free coins through The Money Factory Daily Login Bonus simply by logging into the platform each day!

For those who wish to purchase additional coins, The Money Factory supports some different payment methods that allow them to do so securely. To make a purchase, follow these simple steps:

1. Log in to The Money Factory Casino platform.
2. Navigate to the Gold Coin purchase section.
3. Select your desired coin package.
4. Select your preferred payment method and enter the required details.
5. Confirm your purchase, and you’re all set!

THE MONEY FACTORY PAYMENT METHODS

The Money Factory offers several payment options for players to choose from. You’ll find the following options available for purchasing coin packages:

CREDIT CARDS AND DEBIT CARDS

Credit and debit cards are always popular payment methods for online purchases due to their simplicity and widespread accessibility for players. Modern credit and debit cards implement strong security measures, allowing players to fund their accounts without risk. 

You won’t have to pay any transaction fees using credit or debit cards! The Money Factory accepts card payments from the following:

• Mastercard 
• Visa
• Amex 
• Discover

APPLE PAY

Another popular payment method available at The Money Factory is Apple Pay. Apple Pay is a convenient and secure option for Apple users. By linking your Apple Pay account with your The Money Factory account, you’ll enable secure purchases that can be completed easily. Apple users can also enjoy the added security benefits of facial recognition and fingerprint ID technology implemented on modern Apple devices.

SKRILL

Another payment option available at The Money Factory is Skrill. Skrill is a reliable and efficient e-wallet that allows players to transfer funds without directly disclosing their bank or card details to the platform. This anonymity makes Skrill a favored choice among many players. Transactions via Skrill are generally processed swiftly, enabling players to access their coins without delay.

OTHER PAYMENT METHODS

A few notable options are missing from The Money Factory's list of accepted payment methods. It would be nice to see options like Trustly and Google Pay added for convenience, especially for Android users. Luckily, The Money Factory is always updating its offering, so perhaps we will see these options in the future. Until then, The Money Factory offers enough options to satisfy most players.

THE MONEY FACTORY REDEMPTION OPTIONS

Users who manage to accumulate a significant balance of Sweeps Coins have the ability to redeem cash or gift cards in a few different ways. The Money Factory real money redemptions can be made via bank transfer or Skrill.

To make a redemption: 

1. Log into your The Money Factory account.
2. Navigate to your user profile page and select the ‘Redeem’ option. 
3. Select whether you’d like to redeem your Sweeps Coins for cash or a gift card, and indicate the amount you want to redeem.
4. Enter the required details (payment info for cash, email address for gift card) and confirm. 

It’s important to note that Sweeps Coins have a 1x wagering requirement, which means you must wager the full value of the Sweeps Coins before you can redeem them.

There are also a few more details to keep in mind when you’re making a redemption. Let’s break it down by redemption method.

THE MONEY FACTORY CASH PRIZE REDEMPTION

To be able to redeem your Sweeps Coins for cash at The Money Factory, you’ll need to have accumulated a minimum of 100. You’ll get an exchange rate of 1 Sweeps Coin = $1 (100 Sweeps Coins = $100).

You can redeem using either Skrill or bank transfer.

Remember that you need to play through the Sweeps Coins at least once to be able to cash out! This means that you’ll need to wager at least 100 Sweeps Coins on casino games to qualify.

THE MONEY FACTORY GIFT CARD REDEMPTION

To get yourself a gift card, you’ll only need 20 Sweeps Coins (to redeem for a $20 gift card). Gift cards are delivered via email, so you only need to provide your email address (instead of payment details).

You will still need to have wagered 20+ Sweeps Coins to be able to redeem. However, the lower threshold value of 20 is much easier to achieve than the 100 required for a cash redemption.

THE MONEY FACTORY PAYOUT TIMES

After you cash out your Sweeps Coins, the time it takes to receive your prize varys depending on the redemption method.

• Cash redemptions via Skrill are typically processed within 48 hours.
• Cash redemptions via bank transfers may be processed within 48 hours but can sometimes take up to 14 days.
• Gift cards are typically received within 24-48 hours.

THE MONEY FACTORY VERIFICATION PROCESS

Players must verify their account before making a redemption at The Money Factory. Account verification is a relatively straightforward process, however, a number of documents are required, and it can take a couple of days to be finalized. 

We recommend getting it done as soon as possible so you won’t need to wait for verification when you want to cash out.

Here’s what you’ll need to do:

• Click “Redeem” from the home screen and then select “Start Verification”.
• Confirm your country of residence, and enter your Social Security Number and your mobile phone number.
• Click “Send Verification Code” and then enter the six-digit code that you receive.
• Upload a copy of your driver’s license (front and back), state ID card, passport, or residence permit.
• Complete the live “selfie check” by following the prompts to confirm your identity.
• After submitting all documents, expect to wait at least 48 hours for approval.

It sounds like a lot, but you can get it done in about 5 minutes if you have your identification on hand. The longest part is waiting for The Money Factory to confirm your identity.

THE MONEY FACTORY PAYMENT METHODS SUMMARY

In summary, The Money Factory has sufficient payment and redemption options for most players. The platform supports credit and debit cards, including MasterCard, Visa, Amex, and Discover, as well as Apple Pay and Skrill. Cash and gift card redemptions can be made via bank transfer or Skrill after accumulating enough Sweeps Coins and meeting wagering requirements.

The Money Factory games catalog boasts over 1000 games that can be played for free using Gold Coins, with the option of playing for Sweeps Coins that can be redeemed for real cash prizes, making it an attractive choice for sweepstakes casino players.

THE MONEY FACTORY PAYMENT METHODS FAQs

What payment methods are available at The Money Factory for purchasing Gold Coins?

The Money Factory supports several payment methods for purchasing Gold Coins, including credit and debit cards (MasterCard, Visa, Amex, Discover), Apple Pay, and Skrill.

How can I redeem my Sweeps Coins for cash or gift cards at The Money Factory?

To redeem Sweeps Coins, log into your account, navigate to the 'Redeem' option on your profile page, select cash or gift card redemption, enter the required details, and confirm your redemption. Wagering requirements must be met before redeeming.

What are the wagering requirements for redeeming Sweeps Coins at The Money Factory?

Sweeps Coins have a 1x wagering requirement, meaning you must wager the full value of the Sweeps Coins before you can redeem them for cash or gift cards.

How long does it take to receive cash or gift card redemptions from The Money Factory?

Cash redemptions via Skrill are typically processed within 48 hours, while bank transfers may take longer. Gift cards are usually received within 24-48 hours.

What is the account verification process at The Money Factory?

The account verification process involves confirming your country of residence, providing identification documents, and completing a live selfie check.