An online casino must be able to bring ease to the player when it comes to depositing funds and withdrawing winnings by having a foolproof security system during monetary transactions. Therefore, before setting your heart on one particular casino, you must make sure you have some points of reference at your disposal in terms of reliability regarding payment methods (deposit and withdrawal).
The monetary services usually offered include Visa, Mastercard, Amex and many others like Entropy and Paysafe. Among the e-wallet options, Neteller, PayPal and Skrill are the most popular. The e-wallets have an advantage over the cards as you don’t have to expose your financial details to the casino. The other methods include wire transfer and Bitcoins.
Here are our best-recommended payment providers for you to understand and navigate through all the different payment methods available to online casino players.
Over the years, Visa has gained a solid reputation amongst users as one of the safest payment options. Although the company facilitate e-payment, they do not issue cards. Instead, they offer banks with a Visa-branded payment product, which they used to provide debit, credit and prepaid cards to customers that are used worldwide even if you want to make large deposits or withdrawals. It is safe and secure, here’s a list of online casinos that support Visa Debit Transaction: Betsafe, 32Red, Coral, Casumo, Guts and many others.
Making a deposit in an online casino by MasterCard is an easy and quick procedure. Choose on the deposit page of the online casino for “credit cards” and in the sub-menu for the “MasterCard” option. Fill in your 16-digit MasterCard card number and your name.
It comes in four variants: credit card, debit card, prepaid, and gift cards.
You can use it for large deposits. It also allows you to benefit from a list of various perks although charges may apply. They ensure their customers’ security is not compromised; they have a zero-liability protection policy in place to for their clients to get their money back in case of an unauthorised transaction.
We shortlisted here the best casinos that accept MasterCard here including, Royal Panda, Casumo, 888 and Karamba.
American Express Casinos
Also known as Amex, American Express is a multinational financial service system from the United States. Their financial services are best known for the membership reward and select schemes inherent to their Amex cards and credit cards. One of the advantages of the system is that you can apply for a supplementary card for your partner. It makes you benefit anytime they make a transaction by earning more points. However, not many casinos accept American Express. On the other hand, withdrawal takes around 3-5 business days. Amex is available in significant parts of the world, including North and South American, Australia, Asia, Africa, and Europe.
Skrill is a widely used and highly reputable payment option in the online gambling industry. Its primary focus is to ensure a convenient, quick, and safe way to make transfers to your online casino’s account. Skrill was initially established in the UK in 2001 as Moneybookers and was rebranded a few years back to Skrill.
When you want to opt-in for instant access to your fund, Skrill is right for you, accepting 40 different currencies across 200 countries around the globe. In case you run into any difficulty, their top-notch customer’s support is available 24/7.
Out of the long list of payment options available at online casinos, Neteller is one of the Kings of the e-wallet industry.
Although, using Neteller comes with a small charge ranging between 1-5% of the total amount of money you deposit. Apart from that, Neteller is an excellent payment option that even allows you to make large payments. Your account can also be funded in a variety of ways as Neteller supports up to 26 different currencies. You can choose either a credit or debit card, any other e-wallet, bank transfers or Bitcoins to fund your account. Neteller also comes with some great VIP perks worth looking. As for security, Neteller makes use of 126-bit encryption, which is pretty much secured.
Bitcoins is one of the emerging trends in online payment options. Because of the versatility of cryptocurrency, and the fact that you can send it to any country, its usability in online casinos has become popular. Withdrawing and depositing funds with Bitcoins is instant and easy.
There are currently loads of Bitcoins wallets available for use. Bitcoins exchanges like Bitstamp and BTC China are widely spread in most countries, making it easy to convert Bitcoins to several currencies. An advantage of using Bitcoins is that there are no third parties involved in the transaction. Despite the many advantages of using Bitcoins, it comes with a few disadvantages like players paying taxes on their wins. However, the value of Bitcoins fluctuates, so it may be a riskier option.
PayPal is one of the largest payment systems in the world. This e-wallet takes the hassle out of checks and bank transfer to make payments. Through the years, PayPal has become one of the most widely used payment options to pay for goods online. It is also a hassle-free option to withdraw and deposit and a quick way to make pay-outs at online casinos.
PayPal’s services are free of charge, and there are no hidden fees or whatsoever. It’s also one of the most secure and safe payment methods, as they prevent identity theft and fraud by 24/7 monitoring each transaction. More so, with PayPal, currency conversion is applied automatically.
Security is the essential feature of this monetary transactions platform! The player starts with signing up on the website and then they have to go through a telephone interview with a personal advisor in order to validate the account. A personal code is then sent to the player via email.
The famous e-card! With a 16-digits one-use-only code, Payweb allows online payment while not sending any personal banking data. When you are shopping online, Payweb Card’s service from Filbanque generates a single-use virtual credit card number (with an expiry date and a visual cryptogram). That’s the simplest solution to make deposits; it doesn’t need any bank account or credit card. Cards are available in 110 000 points of sale in Europe.
This is a brand new online payment method, limited to a small number of European countries. Ukash allows you to buy and then use, within one year, coupons that are worth between 10 and 500 pounds. Just like the other platforms, you just need to fill in some form. You can proceed to your payment via wire transfer or by cash, and then they will send you an email or a text message containing a 19-digits code.
Available in about 20 000 points of sale, this 14-digits card can be used on online gambling websites. It enables making instant deposits of 25, 50 or 100 pounds. And whoever says instant deposits, also says instant availability!
This prepaid card works in 26 countries, under 21 currencies and is available over 43 payment methods! Thanks to 7.000 affiliate virtual establishments, this card takes care of merchants’ services and billing.
Paysafe Card Casinos
PaySafeCard is the simplest solution for people who do not have a bank account, debit or credit card and want to purchase items online. It basically allows you to acquire an online balance using cash by gathering voucher codes together and then paying with a username and password. It’s a good option for anyone who is looking for absolute privacy. Cards are available in 110 000 points of sale in Europe.
Many online casinos accept Paysafecard. It is also one of the widely accepted prepaid cards standards amongst online casinos. Deposits are secured, and fast and withdrawals are achievable only at some online casinos. There are no payment fees charged.
Making payment with Zimpler is quick and mobile-friendly, although it has a small fee attached. However, you can use Zimpler in few countries in Europe. In case you feel you might get reckless with your fund, Zimpler can help you limit your bankroll. Zimpler is now accepted at some of the biggest online and mobile casinos like Mr Green and Energy Casino.
Bank Wire Transfer Casinos
If you’re a baby boomer and don’t fancy the idea of using credit/debit cards or e-wallet, the bank wire transfer is an excellent alternative for you. Bank wire transfer, also known as credit transfer, is a way of transferring funds from one bank account to another. You could do a wire transfer at your local bank or a cash office to your online casino account. Although it’s important to note that despite Bank wire is safe and secure, it comes with bank charges. Several online casinos accept bank wire. You can use it to send large amounts of money, and they are not instant as it takes between.
Good to know: From one country to another, payment methods may vary. Then you must not hesitate to compare the methods that are most relevant to your location and preferences.