Payments are among the most critical components of real money play at an online casino. Every casino nowadays provides a completely secure environment for players to make payments and also tries its best to provide players with a number of options for making payments. That is why when you go to the bottom of the landing page of a casino or visit the Banking tab you are likely to find a number of payment methods;
The most commonly available payment methods supported at online casinos include credit cards, e-wallets, prepaid vouchers, and direct banking methods. A number of casinos also support payments through debit cards – the cards supported depend on the casino operator and also the software that powers the casino.
One of the best things about a top quality online casino is the choice of payment methods that players get. The temptation then is to use any one of the numerous choices available. However, that may not work out to the best interests of the player when it actually comes down to making payments or withdrawing winnings from their casino account. Here are a few recommendations when it comes to choosing a payment method to use when you are playing in real money mode at an online casino:
As mentioned above, there are a large number of payment methods that online casinos support. Some casinos support most or all of them, while there are others that support a few of them. So what are these payment methods and what are the benefits of using them? We list all that out for you in the table below.
|Payment Method||Type of Payment||Countries Available||Positives||Negatives|
|MasterCard||Credit card||All over the world||Popular as it is very:
Almost every casino accepts MasterCard.
|The personal details of the player have to be shared with the casino. Many casinos do not permit it for withdrawing funds.|
|Visa||Credit card||All over the world||Popular as it is very:
Almost every casino accepts Visa credit cards. Many accept it for withdrawing funds as well.
|The player’s personal details are shared with the casino if they use Visa.|
|Maestro||Debit card||All over the world||Popular as:
Most casinos accept Maestro debit cards.
|Players have to share their personal details with the casino while using this method. Also, not all casinos allow withdrawals with Maestro.|
|Visa Debit, Visa Electron, Visa Delta||Debit card||All over the world||Popular as:
||Players have to share their personal details with the casino.|
|NETeller||E-wallet||All over the world except USA and a few other countries||Popular as it is very:
You find it at almost every online casino.
|Players must have a NETeller account to use this. Some casinos do not allow certain bonuses for players using this method.|
|Skrill/MoneyBookers||E-wallet||All over the world except USA and a few other countries||Popular because:
Also, most casinos offer this method for both deposit and withdrawal.
|· Players must have a Skrill account.
· Also customer support can be quite a challenge.
|PayPal||E-wallet||All over the world except few countries||popular as it is very:
Players can use this to make deposits and withdrawals. The casino does not get access to the player’s personal info.
|Player must have a PayPal account. There are fees associated with using PayPal, usually levied by the company. US players cannot use this method to deposit funds into their casino accounts.|
|POLi||Internet banking method||Australia and New Zealand||
|EntroPay||Prepaid Virtual Card||Across Europe||Completely fraud-proof, fair, and secure. It is free to sign up and your personal details are protected. There are no credit checks and other formalities to get an EntroPay card. Deposits are instant; you can create a card, deposit funds with it, and delete it. And then create another one next time you want to use EntroPay.||
|InstaDebit||E-wallet||Canada||Allows players to transact directly between their bank account and casino account, while protecting their banking details from reaching the casino. Players can use this method to deposit and withdraw funds.
Transaction is fast and completely secure.
|WireCard||Virtual Internet Card||Europe and the USA||
|PaySafeCard||Prepaid voucher||Europe, the Americas, Canada, Australia, and USA||Completely secure as no personal info is provided. The player buys the voucher and provides the casino with the PIN on each card. Deposit is instant and secure.||
|Sofort Uberweisung||Internet Banking provider||Europe||Popular as it is:
||Only available in 11 European countries.
Only players with accounts in the banks mentioned in the Sofort website can use this method.
Withdrawal is usually a tedious process.
|Ethereum||Crypto currency||All over the world||Popular because it is:
|InstantBanking by Citadel||Online banking method||Europe, Australia, and USA||Popular because it is:
|Checks||Direct banking method||Most countries across the world, including USA||
|Bitcoins||Crypto currency||All over the world||
Depositing funds at an online casino is relatively simple. We list out the steps for doing so in this section:
With most methods the deposits are instant.
Withdrawing funds is very important for players as it allows them to take out their winnings from their casino accounts. This process is as easy as depositing funds, though there are a few different formalities to be completed. The first step, of course, is to ensure that the player has fulfilled the terms and conditions set down in the casino’s rules to be able to qualify for withdrawal.
We list below for you the steps for withdrawing your winnings from your casino account.
What are the important things to look out for when looking for a payment method?
There are quite a few things to look out for when opting for a payment method:
Which are the casino payment methods that are considered the safest and most secure?
The credibility of an online casino hinges largely on its ability to allay the players’ security-related fears. Most casino payment methods have strict built-in processes to ensure complete transparency and clarity for players. Among the most secure and the safest are MasterCard and Visa credit cards. Debit cards are considered secure too as they use only money that the player has and uses the security apparatus of the casino as well as the payment method.
Which payment methods are the fastest for depositing and withdrawing funds?
Earlier players were complaining about the amount of time taken to move money at an online casino, especially with it came to withdrawing money. Today, upgraded technology has ensured that those concerns are addressed. Among the fastest methods for depositing and withdrawing funds are e-wallets and also bitcoins.
Which method should I choose – e-wallet or credit/debit card?
The method you choose depends largely on what it has to offer. While both e-wallets and credit or debit cards are secure, e-wallets stand out easily because of a number of reasons, including:
Should I choose an e-wallet over debit or credit?
Whether a player chooses an e-wallet or credit/debit card depends purely on the player. Of course there are things to remember:
Is it necessary to own a credit card?
Credit cards are very secure and popular across the world. They ensure instant deposits and some can also be used for withdrawals. That is why a credit card is good to have. However, you must also balance out the negatives:
How does a casino usually pay out winnings?
It is very important to know how a casino pays out winnings, because it is prize money you will like to receive.
How important is my location when it comes to choosing a payment method?
When choosing a payment method, where you are – your location – is very important. Some countries may not support specific payment methods, and that can cause you problems if you choose it without knowing about it.