Some banking options allow only deposits to be made, while others allow both deposits and withdrawals. Before you decide to make a transaction of any kind, make sure you find out which methods are available at the casino you play.
All accepted deposit methods are secure, but some are faster than others. Some players use e-wallets such as PayPal, while others prefer a credit/debit card. The different options available to the gamblers make transferring money not only possible but quite easy as well.
In some casinos, withdrawals are much quicker than in other gambling establishments. Usually, the casinos that are most preferred are also the ones that offer the fastest withdrawals, for the player to receive their cash faster.
The deposit methods that are available to you are numerous and distinct. Banking options depend quite heavily on which country you are from. This simple fact determines whether you are able or unable to make transactions with certain brands of payment methods. For example, the UK has plenty of ways available to the gamblers and PaySafe is one of those, which is rather widespread.
In the decades prior, the USA didn’t have such a wide variety of deposit methods, but nowadays many casinos accept US credit cards. Furthermore, the brands WalletXpress, Quicktender and UseMyWallet are available to be used by the masses. Canada, unlike the US, has always had plenty of deposit methods available for gamblers.
The deposit methods that you choose should always be deemed secure and trustworthy. Also, these methods need to suit your gaming lifestyle, so you can make transactions as often and as much as you’d like. Furthermore, the deposit methods are tested to ensure there would be minimal problems with the transfer if any occur at all.
When you wish to make any transfer, you first need to log in to your casino account and then click on the deposit button. After that, a window will pop up, from which you can select the deposit method of your choice. Then you will receive instructions on how to proceed with making the deposit. Do not fret. They are simple and easy to follow. Some deposit methods take longer to complete than others.
Western Union is a financial service corporation, located in the USA, that helps customers to transfer money from one location to another. This is a popular, albeit a rather slow transfer method- transactions take a few days to complete.
WebMoney is an online payment company as well and was founded in November 1998 in Russia. At its core, it is a money transfer system for US dollars, for players outside the USA.
Trustly is a Swedish company, that was established in 2008. It offers solutions for Online Banking ePayments, which are usually made with the help of the newly designed direct payment technology.
Paysafe is a prepaid online payment method that is made with vouchers that have a 16-digit PIN code. This code helps make transactions in the most secure environment possible.
PayPal is a popular online payment system, operating around the world, that makes a wide range of online money transfers. It is considered to be faster than many other deposit methods.
Netteler is a popular eWallet service that helps the players make money transactions to and from the online casinos, as well as other such gambling establishments. This service withdrawals the customer’s funds directly, but the players are required to use a Net+ card. This brand is also available if the gambler wants to transfer the balance in their bank account to another, separate account.
Skrill is another eWallet service. Its previous name for a long time was Moneybookers. With this brand, the player can make payments and other money transfers via the internet. A plus side to using this service is that there are meager costs for international money transactions. This helps the service appeal to many gamblers around the world.
Clickandbuy is also a brand of eWallet. It allows users to pay their deposits and make different money transactions online. The players have to use the security stored credit/debit cards they need to make the transfer. Gamblers can also pay their deposits with some trustworthy local means of transfer. Research shows that over 14 million customers use this service to make all sorts of transactions on a day-to-day basis.
EcoPayz is yet another form of eWallet, which allows the user to withdrawal, deposit and otherwise transfer their funds online. It is authorized and regulated by the Financial Conduct Authority (FCA), under the Electronic Money Regulations 2011.
Entropay is an online wallet that gives you prepaid virtual Visa card. It can be used for online purchases at any merchants where it is accepted as a method of payment.
TrustPay is a payment service that operates by processing instant income transactions. It is regulated by the National Bank of Slovakia and is a member of UnionPay, Visa and MasterCard.
Credit/debit cards are quite famous in the gaming industry. Online casinos usually require a deposit from credit/debit card for Welcome Bonuses. Using credit or debit cards to make transactions is comfortable for some players since it is fast, secure and easy-to-use.
Visa is a famous American financial service corporation. Visa cards are primarily used for electronic fund transfers and all other sorts of payments around the world.
Visa Electron is another kind of debit card, which is available everywhere except for in Canada, Australia, Ireland and the USA. It was introduced by Visa in 1985 and is very similar to Visa Debit. The differences are minor and a standard occurrence id for the players to use both cards when they make transactions.
MasterCard is another American financial service corporation, which is located in the MasterCard International Global Headquarters in Purchase, New York. Maestro is a debit card service, which is owned by MasterCard. It was founded in 1992. This payment service can include prepaid cards or can be obtained from banks and linked to the customer’s current account in the casino.
Bank wire transfer is an accessible money transferring method. Usually, it takes a few days for the transaction to be completed so that it might be a bit slower than other methods, but no less efficient.
Bitcoin is a cryptocurrency, which is a newly created form of e-money. It is a digital currency that has no central bank or single administrator to manage the transactions people make with it. The amount of money the gambler wants to transfer can be sent from user to user on the worldwide bitcoin network.
Frequently Asked Questions
Of course, when there are so many different methods for making deposits and other payment transactions, there are numerous questions bound to arise from the confusion about the variety of the deposit methods the players can use. These are questions that the customers tend to ask quite frequently.
On the site of almost every online casino, there is a ‘frequently asked questions’ section, where players can ask about any aspect of the gameplay, including but not limited to casino deposit methods. Some of the most regularly asked questions you could find on the casino’s FAQ page are:
It is relatively easy to get your casino payment account because there is a multitude of service providers. If you have already created your account and use a well-respected brand of credit/debit card, the only thing that is left for you to do is to link your casino account with the card you are using at the moment. Also, if you want to make it more convenient for yourself, you can register an account with some of the more famous brands like EcoPayz and PayPal.
There are some limits, especially when it comes to the withdrawals you can make. Also, you have to be aware of the limits when you pay some other account balances, specific for that particular casino. The most significant difference comes from which casino you have registered at. There might be some general rules established, but every casino has its minor differences in how they manage the payment transactions. If at some point you wish to increase the limit of your account, you should contact the customer agents at your prefered online casino.
Which payment is to be considered as the best for you depends only on your preferences. Usually, there are some ways casinos use so that the players can figure out if one payment method is just right or better than another. Your choice is dependent mostly on the speed with which the transactions are made and what fees are there for you to be charged with if there are any at all. One thing to remember when choosing the best payment method is that eWallets are considered the best option because they have instant deposits and fast withdrawal times. On top of that, eWallets have a high-quality security system to provide the customers’ safety.