Last updated on October 14th, 2018 at 05:50 pm
Choosing casino payment methods can improve a player’s overall casino experience. Players are fortunate since they can select from a variety of secure casino banking methods.
From basic casino payment options to the most advanced instant funding services available. In this section, we list and link to casino payment methods that are popular.
We have a comprehensive list of well-known online casino payment methods that cater to casino markets in the UK, USA, Australia, Canada and New Zealand. Online Casinos display forms of payment method at the bottom of casino sites. We show examples of this below.
Credit Cards & Debit Cards
Online Casino deposits are seamless with the use of credit and debit cards. Credit and Debit cards get widely used at online casinos, the advantage of these plastic cards is better security and instant availability.
Credit & Debit Cards are issued by banks worldwide. This widespread availability sometimes leads to a lower acceptance rate. Some casinos may deny a credit or debit card issued by a specific bank, that seldom happens.
An Online Casino may deny a credit or debit card issued by a specific bank, that seldom happens. Most of the time cards like Visa, Maestro, and MasterCard are accepted and depositing with them is easy.
Credit & debit cards deposits only need a card number and the 3-digit security code.
Transactions via credit or debit cards as in the case of e-wallets, instant. There are issues with withdrawing casino winnings to credit cards in particular MasterCard.
Mobile Casino Payments
Nowadays, a lot of play is via mobile casino & slot games. Mobile Casino payment methods exist to make the casino experience seamless.
Methods like Boku dispense entirely with banks, credit cards, and electronic wallets. Payments are authorised using only a player’s mobile number.
Another popular mobile casino payment method is Payforit. It does not need any personal information about the player either. All transactions done with Payforit is listed on a mobile bill statement.
Pay by Phone Bill works comparably, while Pay by SMS allows players to add cash to their casino account using the most uncomplicated text message service known to all mobile users.
Casino Wire/Bank Transfer Payment Method
Older than any other casino payment method, Bank or Wire Transfers allow players to send fund from personal bank accounts to an account at a selected casino venue.
As the name itself implies, it is a direct ‘bank to bank’ transaction. Bank Transfer is also known as a Wire Transfer. Practically every casino on the web still allow Bank Transfers; you can always count on it as an alternative to when a casino doesn’t support your preferred virtual payment method.
Bank Transfers declined in popularity in recent years. Processing takes up to several days to complete. Still, transferring money directly from your bank is one of the safest ways to manage your funds.
Crypto Casino Payment Methods
Crypto Casino payments are the polar opposite of a Bank Transfer; Bitcoin Casino payments involve using a digital currency that does not fit into the conventional banking system. Crypto
Bitcoin Casino Payments
Bitcoin users are responsible for putting Bitcoins into circulation. Bitcoin is the most popular Crypto Coin at present. It is a devolved currency and is another instant payment & withdrawal method system.
When you want to use Bitcoins to fund your online casino account, you must open a Bitcoin wallet and buy Bitcoins from Bitcoin holders or traders. Then you get to use them in the cashier section of your preferred casino.
Advantages of Bitcoin Casino Payments
The most significant advantage of the Bitcoin payment method is the absolute privacy it provides. It is also instant for both depositing and withdrawals. It is volatile and is very definitely a specialist payment method mostly used by gamblers of high worth who wish to remain anonymous.
The forerunner and the first Online Casino payment method, PayPal is once again available to Casino players in licensed regions. PayPal is one of the most identifiable funding methods worldwide. It is a secure payment method that is accepted by a vast amount of licensed online casinos.
The e-wallet solution used in the PayPal service allows players to get access to their preferred casino content within seconds if they’ve previously set up an e-wallet account at PayPal.
Users log in via a username and password, which means that PayPal is another payment method that ensures anonymity. These two simple pieces of information do PayPal a secure service since no fund transfers happen without them.
Previously established under the name Moneybookers, Skrill is a British-based e-wallet payment provider. Skrill is easy to use; it’s an electronic wallet that links your bank account or credit card with your casino account and enables you to deposit funds for playing safely at venues.
The process is similar to using PayPal. First, you set up a Skrill account, fund it using your credit card, and you’ll be able to use these funds when you choose Skrill as your preferred casino payment method.
With Skrill, all transfers are carried out in real time, and transfer costs tend to be minimal, which makes this payment option quite popular.
Along with PayPal and Skrill, Neteller is one of the most used e-wallets. You can use Neteller for both deposits and withdrawals at your favourite online casino and enjoy fast transactions that only take seconds to complete.
Neteller keeps its clients’ money in a separate bank account which additionally protects players, besides the encrypted money transfers and firewalls for the servers that store your information. Neteller was one of the first virtual bank accounts to emerge on the internet. The brand soon became the epitome of e-wallet service.
Like e-wallets, Paysafecard is a contemporary way of managing your virtual transactions. Unlike e-wallets, you don’t have to own a bank account to use Paysafecard and make safe deposits. Paysafecard is a virtual prepaid card that works like a voucher.
You have to buy a fixed amount from a local vendor in advance so that you can use it to fund online transactions, among them casino deposits and withdrawals as well.
People familiar with Ukash, another favourite prepaid card, will be glad to know Paysafecard purchased the product and it now forms a part of the successful Paysafecard Group.