5 Payment Methods for Online Casinos You’ve Never Heard Of
Written by Phoebe
Published date · Oct. 12, 2021 |
Last Updated · Dec. 14, 2022 | Read Time: 4 mins
Online casinos offer plenty of payment methods to their customers. Of course, there are some you’re already familiar with. Apple Pay, Google Pay, Trustly, Paysafe, and even bank wire transfer all are widely available across most online casinos. But there are several unknown alternatives to standard payment methods that are becoming increasingly more popular. In this article, we’ll break down some of the most underrated payment options you can use at plenty of online casinos.
Sofort allows you to use your bank account to deposit money directly into your account via the Sofort Überweisung process, also known as Pay Now in the UK.
It does cost a little more to use their services (Sofort charges a small fee), but in return, you don’t need to share banking information with the online casino of your choice, and the funds are available straight away.
Germany is the biggest market for it, but as it’s becoming more used internationally, some other European countries are also using the service, including Austria, Belgium, and the Netherlands. There are also many Sofort casinos operating in the United Kingdom.
A separate account with Sofort is not necessary, but it is necessary to have online banking with an institution that is partnered with Sofort GmbH.
Using Skrill, you can make and receive payments online quickly and securely. Skrill was known as Moneybookers until 2001 when it was acquired several times within the last two decades. As of 2021, Skrill is a part of the PaySafe Group which also owns Neteller.
The fact that you can transfer money internationally through Skrill in more than 40 currencies makes it very popular among traders and online gamers. There is no charge for international transfers, and their currency exchange rates are some of the best in the market, but a small fee is charged for domestic transfers.
Creating a Skrill account is quick and easy as all you need is your email address; however, you’ll need to list your bank account details and fund the account before you can send money.
Among online casino players, EntroPay is quickly becoming one of the most popular methods of payment, especially if the player prefers anonymity and virtual transactions.
In 2003, EntroPay became the first virtual Visa card available in Europe. Over 6 million virtual credit cards have been created since EntroPay loaded over £1bn of funds. EntroPay accounts require a funding source (such as a debit, credit, or bank account transfer) in addition to your account details.
EntroPay offers you the ability to create multiple virtual Visa cards that you can use for different purposes and in different currencies. You can also add and delete virtual cards with a single touch of a button.
In both Germany and Austria, Giropay has rapidly become one of the most popular online payment methods. It was specifically developed for German bank customers and acts as a middleman for 17 million people and their transactions. If you have a German online bank account, you can use Giropay to make fast, easy money transfers without sharing your banking details with third parties.
With Giropay you can make real-time transfers, so you can begin gambling straightaway. However, Giropay can only make transfers in Euros, so when depositing funds with UK casinos, you should be aware of this. You have no chargeback right when purchasing up to 5000 EUR. The Giropay service supports only one-way transactions, so you will need to find an alternative method for withdrawing your winnings.
As one of the many safe and reliable casino payment options, ecoPayz allows you to send, receive, and spend money around the world in a variety of currencies, with no need to worry about your security or privacy. EcoPayz is owned and operated by PSI-Pay Limited, a UK registered company that is licenced by the FCA (Financial Conduct Authority).
With more than 20 years of experience, they already have millions of customers. The account can be opened online for free without a credit check, then topped up before use.
The ecoPayz account does not require a bank account since there are a variety of other payment methods available. One of the biggest pros of this service is the fact you can withdraw your winnings directly to your ecoPayz account.
Neteller is an online payment service and money transfer platform that offers fast, easy, and secure payment and money transfer online without providing financial information. Casino players can use it safely since there is no need to provide any banking details. This helps to protect you against potential fraud.
According to Neteller’s website, it has more than 23 million users of its digital e-wallet for online money transfers and more, making it a highly reputable global online payment provider.
Founded in 1999, Neteller is part of the Paysafe Group, one of the world’s largest online payment companies. The company is based in the UK, but it maintains a large presence in other regions, offering many advantages to responsible gambling enthusiasts.
In addition to making deposits instantly, you can also withdraw your winnings and access your money immediately once the casino has transferred the funds to your account.