Games

The Various Payment Methods Available at Online Casinos

When it comes to depositing you money at an online casino, you want to be able to make it happen as quickly and securely as possible. No longer in the stone ages of the internet, there are a vast number of deposit methods in the market to choose from, but which is for you? Here we go over your best bets.

Online Casino Payment Options 2018

Online Casino Payment Options

1) eWallets

eWallets are generally the fastest payment method of the lot. They come in a variety of forms, such as PayPal, Neteller, Skrill, EcoCard and more. For those sceptical of using their credit cards online and want to skip providing their bank details, then eWallets are a great option to consider.

They are generally extremely secure, offering the ability to deposit in a large array of currencies (Skrill for example offers transactions in more than 200!). This popular payment method is great for crossing geographical boundaries and completing transactions within seconds.

The only small downside is that you have to take the time and effort to link your eWallet of choice to your bank account in the first place, though this setup only needs to be completed once.

2) Debit and Credit Cards

Debit and credit cards remain one of the most popular methods of depositing with online casinos. It seems some people are quite set in their old-school ways, but with good reason. Coming in the form of VISA, Mastercard, American Express, Paysafecard and Entropay, these cards are generally accepted in all online casinos.

Debit and Credit Cards

Paysafecard and Entropay are the newbies in town offering prepaid card solutions and differ in that gamers cannot go into the minus, and can also use them anonymously (without the need to enter bank and card details!).

3) CryptoCurrencies

Digital currency began slowly seeping it’s way into the world in 2009, and now is cropping up everywhere. Cryptocurrencies such as Bitcoin offer a way for gamers to get in on the action even in areas where it is technically illegal, not only that but they are fast.

The decentralised nature of Bitcoin and cryptocurrencies as a whole means that paying with these currencies will leave no breadcrumbs behind of the transaction, making them ideal for those who want to keep their online gaming under wraps.

CryptoCurrencies

The CryptoCurrencies are a public entity and are not regulated by authorities, making them very attractive to users in the online gaming industry. Other CryptoCurrency options include Ethereum, Dash, ERC20 tokens and Litecoin (among others). Not all of them are available in all casinos though Bitcoin is becoming a pretty safe bet.

The problem, however, when dealing with CryptoCurrencies when online gaming, particularly Bitcoin, is that due to the high value of one Bitcoin, you’re going to see a loota zeroes after the decimal point when playing a wager, making it difficult to determine how much you’re wagering per spin.

4) Bank Transfers

Bank transfers are one of the most trusted, not to mention oldest way to transfer money. The great thing about bank transfers, is the direct nature of them – it’s one of the simplest ways to receive money from an online casino, and have it directly paid into your bank account. They generally provide a very secure means of transferring money but can take slightly longer.

Due to the slightly longer time transfer time frame, typically two-three days, they are becoming less popular, but they are still in use at online casinos. The thing to watch out for though, is that they are often offered as a withdrawal option but not always as a deposit method (casino dependent). Options include wire transfer, eCheck, InstaDebit and iDeal to name a few.

About the author

Harshil Barot

Harshil Barot is a Computer Geek, Internet Entrepreneur, Blogger, Day Dreamer, Business Guy, Fitness Freak, Music Lover and Digital Marketing Specialist. He also helps companies to grow their online businesses. At Just Web World he Writes about Blogging, WordPress, SEO, Business, Technology and Computer Tips and Tricks.

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