Most frequently used payment methods in the UK

Category: Blog

When it comes to purchasing online including funding real money casino account, one serious question then arises as to how we can pay for our purchases. Today’s retailers offer lots of payment solutions. Below we are describing the most popular payment methods in the UK.

According to statistics, in the United Kingdom debit cards are the most popular payment system for online purchases. Four in ten online transactions are paid by debit card. Credit cards also do well, as over 30% of online transactions are paid this way. PayPal is the country’s third most frequently used online payment solution with over 20% of all purchases made. Roughly 5% of respondents state that they use Skrill, Neteller and other e-wallets to pay for an online purchase. Now let’s examine more detailed each of the above-mentioned methods.

Card Payments in the UK

Card payment is the most preferred method of payment online. Debit cards are especially popular and convenient. They appeared in the 1980s and had to reduce the usage of cheques that were quite expensive for banks. Debit card payments are used instead of cash and deducted from the card-owner’s account right away. The most used debit cards in the United Kingdom are MasterCard, Visa and Maestro.

Credit cards are also the method of payment that many customers prefer. Unlike debit cards credit cards allow users to buy goods or services on credit. The most popular credit cards are MasterCard, Visa and Maestro as well.

PayPal Review

PayPal is the world-wide money transfer service. Over the past two decases, it has turned into the giant of e-commerce industry. The system is available in more than 200 countries and in 26 different currencies. Thanks to the fact that the company has been at the top of the industry for a long time, people trust it more than a brand they know little about, and prefer to use it for virtual purchase. PayPal is very easy to use. This reliable and safe payment method allows transferring funds quickly. You can also send funds with your mobile device. More information about paypal casinos you can find here: https://www.netbet.org/casino-payment/paypal/

Skrill Payment Method

Skrill is another giant of e-commerce that has been around for a long. The company was established in 2001 as Moneybookers, and was taken over and rebranded by Skrill Limited in 2011. Skrill allows customers to transfer money online quickly and safely. Everyone can use Skrill when loading his online casino account or withdrawing funds from it. To reward their customers, they offer various incentives; the more you use Skrill, the more rewards you can get. The main disadvantage is quite high fees. There is an opportunity to transfer money and manage your funds with the mobile app.

Neteller Payments Online

Neteller is one of the leading global e-money services. The company opened its doors in 1999 and now is available in over 200 countries and in 26 currencies. It’s a simple, secure, quick and rather cheap way to make financial transfers and payments online. It is widely used at online gambling establishments as the method to deposit and withdraw funds from your online casino account. The e-payment offers various incentives for loyal customers.

Most frequently used payment methods in the UK
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