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Why Are eWallets the Most Popular Payment Method Across Online Casinos?

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  • Written by Henry
  • Posted on April 28, 2020
Home News & Articles Why Are eWallets the Most Popular Payment Method Across Online Casinos?

There are many benefits you get by playing at online casinos with eWallets. Once you learn about them, you’ll definitely start considering using one yourself.

Over the years, as online gambling evolved, many payment methods appeared, to cater to the demanding player base. One such method is the eWallet. Due to many reasons, players prefer using it over any other method.

What Is an eWallet?

An eWallet is essentially the intermediary between your bank and your online casino. As such, it is the tool that connects the two, without them ever communicating.

You can fund your eWallet with money that’s on your bank account or credit/debit card. After that, you can use that money as it suits you. That includes using it for making deposits and withdrawals across online casinos. This brings us to the benefits you get by using eWallets for online gambling.

These are the casinos that accept eWallets as payment methods:

Benefits of Using eWallets in Online Casinos

One of the main benefits, as you can see, is that when using the eWallet at an online casino, you need to share your no bank details with the casino. The money is already in your eWallet, regardless of how you put it in there, to be used for anything you want. So, when you’re making a deposit or withdrawal at your online casino, you only share the eWallet details and keep the bank account details for yourself.

Another advantage you get by using this payment method is the transaction speed. Once you make a deposit via the eWallet, the money is instantly on your online casino account. You don’t have to wait hours and even days for the money to get there, as with many other traditional methods, so you can start playing your favourite online casino games right away.

eWallets are also cost-effective. Most of them come with no fees, or really insignificant fees, compared to other methods. This makes them especially convenient for online gambling, and probably that’s why most players prefer using them over any other method.

Finally, among the key perks you get by using eWallets is money management. Once you decide to use it as a payment method, you top it off with the money you intend to use for your online gambling session. And, once you use that money, you cannot continue playing. This is especially important for players who exhibit problem gambling signs and have the habit of spending more than they can afford when luck is on their side. Therefore, eWallets can help these players maintain control over their spending across online casinos.

eWallets are a safe, cost-effective and instant way to transfer money to and from online casinos.

How to Choose the Proper eWallet for You?

There are several things you need to take into consideration when choosing the eWallet to use across online casinos. One of them is checking whether the eWallet offers an app so that you can easily access your funds via your mobile device, and play on the go. Another thing to look for is fees. Look for eWallets that have the smallest, or no fees at all. A third thing to consider is deposit and withdrawal limits.

Some eWallets offer reasonable, while others have huge restrictions when it comes to the amount of money you can deposit and withdraw at a certain point. Finally, check for its security measures. Make sure the method is highly secured, with an SSL encryption, and has a proper license to provide online banking services.

Find the Best Gambling Sites with Our Comparison Tool

Why Use an eWallet for Online Gambling?

Using an eWallet for online gambling, you’ll enjoy instant and cost-effective transactions, which are protected with the latest security measures. You will also get the chance to control your spendings and you won’t need to share your banking details with the casino. Choose the one that suits you most and start playing with it!

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