Casino Payment Methods

Popular online casinos have different casino payment methods. The various methods allow players to deposit and withdraw funds into their accounts. This feature is essential and online casinos now accept funds transfers from well-known providers. In addition, the payment gateways ensure that the process is easy and secure. However, banks were reluctant to provide casino operators with such facilities in the past.

Casino gaming enthusiasts now choose from a wide range of payment methods depending on their preference. This allows players from all over the world to enjoy casino games remotely. Yet, this may be limited because some online casinos only allow players from specific countries or regions. Therefore, you need to go through the list of available payment options before signing up with an online casino. 

Rating an Online Casino Payment Method

You need to go through the casino’s payment terms and conditions with the many payment methods. When doing this, don’t just look for convenience, security and reliability are just as important. This is important because the online casino industry is one of the most targeted environments for internet scams. Both players and casino operators have lost vast sums of money through fraudulent activities.

If you are new to online casinos or a professional player, it’s essential to start by considering the available deposit options. However, this might not be applicable in all instances. You are, therefore, encouraged to choose the method that best fits your budget and needs. In addition, when you visit a casino site, you may be overwhelmed by the many options. It’s essential to take time when doing your research before choosing the right online casino to sign up with.

Types of Payment Methods

When choosing an online or offshore casino, customers always look for a site that allows one to get into the game after making a deposit. This is important as it provides you with a hassle-free experience. In addition, it helps avoid instances where you have to contact the customer service team when following up on a deposit.

Because of this, our experts have come up with a guide on the most popular payment methods available at online casinos. To create the list, we have considered various factors such as the charges, ease of registration, and the processing time.

Online casino payment methods can be classified into five categories. These include credit/debit cards, E-Wallets, cryptocurrency, instant bank transfers, and phone app payments. It’s important to note that some providers allow you to deposit and withdraw using the same payment method. However, some online casinos allow players to use different methods when depositing or withdrawing funds.

Credit and Debit Cards

Credit and debit cards are the most popular online casino deposit methods. This can be attributed to the fact that most adults in the US and other parts of the world use at least one card for making payments. Cards are hence considered secure for making payments on reputable online casino sites.

You only need to register the card by providing the long card number at the front, the security number and expiry dates located on the back of the card. After making the first payment, you can easily make other deposits on the casino site without registering again. You will only need to provide the security code when making the payments.

It’s important to note that if outside Canada and the US, credit cards may not be a viable payment option. For instance, the UK has banned the use of credit cards for gambling purposes. The difference between a credit and debit card is that you make payments with funds in your account for a debit card. You go into debt when using a credit card.

MasterCard Casinos

With credit cards banned in some countries, you can still use a prepaid MasterCard. However, the card should be linked to your account to make online casino payments. These cards are quick, simple, and secure to use.

Visa Casinos

Visa cards are among the widely used cards at online casinos.. Most of them do not charge a fee when you deposit using the card. You should change the details provided when registering each time you get a replacement from your bank if the card gets lost or expires. If you want to get your money fast when making a withdrawal, remember to use the same payment method. 

Visa Electronic Casinos

A Visa Electron Card is also a popular online casino payment method. The funding process is similar to that of a Visa Card. With the increased number of younger gaming enthusiasts, online casinos have added this as a payment method. This is because the younger generation widely uses the card. One advantage of the card is that the payment process is instant. However, if you don’t have enough funds in your account, the deposit will not be completed. 

Maestro Casinos

Owned by MasterCard, Maestro is another online casino payment option similar to the Visa Electron card. The debit card is linked to your bank account. All you need to do is type the card number into the cashier on your gaming account. The encrypted servers will then securely transfer the card’s funds to the casino account. 

Prepaid Cards and E-Wallet Casinos

Some casino players may not be familiar with e-wallets as a casino payment method. However, most online casinos sites provide an opportunity for players to choose from a wide range of e-wallet payment options. This is another payment method operators have incorporated to gain the attention of younger players. 

This provides customers an alternative to the traditional payment methods such as the Visa card and MasterCard. In addition, some e-wallet payment systems have gained popularity over recent years that allow you to fund your account. These include PayPal, EcoPayz, Paysafecard, Neteller, and Skrill. 

PayPal Casinos

PayPal is one of the most convenient e-wallet platforms where you can make payments easily at your preferred online casino. You must only ensure that the PayPal address you need to use is directly linked to your bank account. One advantage of this payment option is that you can quickly transfer the amount withdrawn from an online casino to your bank account. 

Skrill Casinos

This is a payment system owned by PaySafe, a reputable online payment provider. This method is popular with customers who wish to make instant payments and start to enjoy the gaming platform. First, you need to load your Skrill account and deposit the funds into your playing account. This payment platform is secure and convenient for your online casino transactions. 

Neteller Casinos

According to a survey on the best e-wallets for online casinos payment methods, Neteller ranks at number 3 in terms of convenience. In addition, you can easily transfer the money withdrawn from your gaming account to your primary banking account with the Neteller card.

The British Financial Conduct Authority regulates the company running Neteller transactions. This makes it ideal for players in the UK. The payment getaway ensures that the information you submit is private and remains secure. This is an added advantage to you as an online casino player. You are only required to register an account at the Neteller website, confirm your account and fund your account. This will enable you to make a deposit and play for real money. 

PaySafeCard Casinos

As the name suggests, Paysafecard is one of the most secure online casino payment platforms. The card comes with a 16-digit pin code enabling you to make casino payments instantly and securely. This is a sure way to ensure the funds are deposited into the playing account because third parties do not have access to the code. 

EcoPayz Casinos

EcoPayz is an emerging online payment platform. Users only need to create an ecoAccount and manage their transactions from one point. This enables customers to make deposits and receive payments. An advantage of this payment option is that it is easy, secure, and convenient when making online casino transactions. 

Bank Transfers Casinos

Are you an online gaming enthusiast and don’t see the need to make payments via prepaid/debit cards or e-wallet payment platforms? 

Thanks to the bank transfer option, you can wire the funds directly to your gaming account. This entails entering the account number, sort code, the amount you wish to stake, and proceeding to make the deposit. 

However, it’s important to note that there are casinos that take a long period when processing withdrawals made via bank transfers. 

Bank Wire Casinos

The method is recommended if you have the bank details at hand. However, you should also have the patience to wait for the amount withdrawn from a casino site to hit your account. This is because it’s a robust process. It’s advised to consider this as the last payment option.

Instant Bank Transfers

Instant bank transfers are another payment option for online casino players who don’t have an e-wallet or a debit card. Instant bank transfers allow you to access your funds from a computer or mobile device. This allows you to instantly transfer funds from your bank account into the gaming account. However, it’s important to note that some banks may require extra details from you before processing the transaction. 

Pay by Phone Casinos

Pay By Phone is the most recommended option to save time when making online casino deposits. This is because the process is automated and you will not have to deposit funds into your paying account manually. Instead, the service provider adds the amount to your bill because you pay through the provider’s network.

Boku Casinos

Boku is an innovative online casino payment method rolled out by some operators. The method allows customers to make deposits via mobile devices. For the payment to reflect, you need to provide a mobile number on your casino account where the network operator approves the payment.

Zimpler Casinos

With Zimpler, you need to enter your mobile number at the online casino website where the code is generated. You will then be required to use this code to fund your online gaming account.

Payforit Casinos

This is a mobile payment option that can be used to fund your online casino account. When you use Payforit to make casino deposits, the amount is deducted from your balance or added to your cumulative monthly bill. However, it’s essential to consult the company when making casino deposits as there may be restrictions on the amount. 

Alternative Casino Payment Methods

Many other casino payment options have not been mentioned above that are available on online betting sites. These options aim to help solve the problems associated with traditional payment methods such as convenience and reliability. 

Cryptocurrencies

Many online casinos have incorporated payment gateways where players can play using cryptocurrencies. These include Bitcoin, Ethereal, Litecoin, Dash, and Ripple. This has enabled players wishing to remain anonymous to enjoy casino games available on the platform. 

Revolute Casinos

This is a sought after payment option for players who want to make casino deposits without incurring fees associated with currency exchange. This system does not charge any fee when making online payments. You need to create a Revolute account to make deposits and withdrawals at an online casino gaming site.

Google and Apple Pay Casinos

These two payment options allow you to make deposits into online casinos. For Android users, download the Google Pay app or the Apple Pay app on your iPad or iPhone for Apple users. You can easily use the apps to transfer funds into the gaming account. One needs to load the amount through the linked bank account. 

For Apple Pay, you are required to use the Apple TouchCode to initiate the deposit.

Conclusion

From this article, you will find that various online casino payment options are available depending on the country you live in. Online casinos operating in the US accept payments through MasterCard, Visa, Skrill Neteller, and Paypal. On the other hand, players from the United Kingdom are restricted when using credit cards for gambling purposes.

With more than 50 payment options for online casino deposits and withdrawals, you will be spoilt for choices. Which is why you need to look across the casinos that best fit your preferences.