Payment methods
Being able to deposit quickly, easily and securely at an online casino is one of the most important features for all types of casino player. We've reviewed the best casino payment methods below.
When playing at casino sites, our biggest concerns are the safety of our data and money. Not only that it is crucial to choose a reputable online casino, but you should also choose a convenient payment method, the one that will ensure smooth transactions without additional expenses.
Today, we have a plethora of banking methods to choose from. To help you pick the one that is just right for you, we present you expert guide to online casino banking with the list of highly rated global and local payment options you can choose from.
Introduction to Online Casino Banking
Online transactions should be quick, cheap and safe. These are the key factors you should take into consideration when choosing which banking method you will use. However, not all banking options provide users with the same level of security and convenience. Some will provide you with fast transactions, but impose fees while others require revealing your sensitive data.
Now and then, a new online payment method is launched to offer customers a more enjoyable service. Casino players have the courtesy of choosing from a wide array of global and local solutions that enable them to fund their accounts and cash out their winnings. On this page, you will be able to find information on how to use each of the featured methods. Now, let’s take a quick look at the most common solutions you can use to transfer your money.
Credit/Debit Cards
If you have a banking account, you probably have a debit or credit card attached to it. Not only that it allows you to pay for goods and services offline, but you can also use them to play your favourite casino games on the web. They are accessible and allow you to send your money to the casino, but you can also use them to clear your winnings.
However, when it comes to withdrawals, they are not the fastest available option as cashing out via them can take up to 5 working days. Also, sometimes transactions via credit and debit cards may incur fees. To use your card, you need to reveal its number to the casino of choice.
The most popular cards include Visa, MasterCard and Maestro.
E-Wallets
Online casino players love e-wallets as they allow them to move their funds swiftly and without extra costs. What’s more, these kinds of transactions are carried out externally, meaning that you don’t provide the operator with your credit card or bank account details. What you need is an account set up on the official e-wallet website. The chosen e-wallet functions as a link between your casino account and your debit/credit card or bank account.
The most popular e-wallets include PayPal, Neteller, Skrill, MuchBetter and ecoPayz.
Prepaid Cards
Just like their name suggests, prepaid cards allow you to spend a predetermined amount of money. They are safe and convenient as you don’t need to share your financial details with the casino. Instead, you will only enter the amount you want to deposit and the unique code. To use this method, you need to buy a card at local retailers or online. They come with amounts you pay in advance, which prevents you from spending more than you can afford. Unfortunately, prepaid cards don’t allow you to clear your winnings through them.
The most popular prepaid card is PaySafeCard.
Cryptocurrency
In the last few years, cryptocurrencies have become popular, particularly among online casino players. Unlike fiat currencies, they allow you to perform transactions without a mediator, which reduces the cost of operation. Not only that you will move your money without fees, but you will also do it as fast as possible, in a few clicks or taps only. When using a cryptocurrency, you don’t have to worry about safety either. All your sensitive data remains private. The only detail you need to provide to complete your payment or withdrawal is your crypto wallet ID. This is one of the main reasons Bitcoin casinos are becoming more popular.
The most popular cryptocurrencies include Bitcoin, Litecoin and Ether.
These casinos offer lots of payment methods
Winning real money prizes requires depositing and wagering real cash, so let’s learn how to make payments and withdrawals.
How to Make Deposits at Online Casinos?
To make a deposit, you need to create a casino account first. Once you have set it up and logged in, you should visit the Banking section and choose the most suitable payment method. Make an educated choice based on the information we have provided you with. Check out the terms and conditions to learn whether you must use the same solution for both deposits and withdrawals.
When you have selected the option you will use, follow the steps and provide the required details including the amount you want to send to the casino. Depending on the method you have chosen, you may be required to enter your credit or debit card number or login into your e-wallet to complete your payment. Deposits are processed instantly in most cases.
How to Make Withdrawals at Online Casinos?
If you get lucky and win a sum you would like to clear from your account, go to Withdrawals and complete the procedure via the preferred banking method. Just like with payments, enter the amount you want to cash out and follow the instructions to complete the transaction. Withdrawals may take up from a few minutes to a week or two, depending on the solution you have opted for.
Online Casino Payment Methods FAQ
Banking methods supported by online casinos are safe due to security measurements employed by online gambling operators and payment service providers. However, some banking methods like e-wallets and cryptocurrencies are more reliable as you don’t have to share your sensitive data with the casino when using them.
It depends on the method you have opted for. E-wallets and cryptocurrencies are the fastest options while cashouts via credit cards, bank transfers and cheques may take up to a week or even more.
Again, the answer to this question depends on the selected banking method and the casino of choice. Visit the Banking section to learn more about all the options you can use. Also, you should keep in mind that even if the casino does not charge a fee on transactions via specific methods, you may have additional expenses when using the method. For instance, when you top up your e-wallet or move your money from it to your credit or debit card.
Each operator sets its own minimum and maximum limits on deposits and withdrawals. Visit the Terms and Conditions or Banking page to learn more about how much you can send to the casino or withdraw from it.
