Go to the payment section on the online casino and search for the bank transfer option Enter the necessary payment information. You might have to wait a few days for the bank to confirm payment and the casino to receive it. Once the transfer is completed. Credit Cards are one of the most popular ways for online casino players to deposit and withdraw to and from their online casino accounts. VISA, MasterCard, Diners Club, and Discover to name but a few.
You want to easily upload funds to your favourite pages, move your winnings anywhere you want or access your account balance 24/7.
Depending on your preferences, the quality of the payment providers varies, but many online casinos now offer a wide range of fast, safe and easy-to-use payment methods (and withdrawal options).
Let’s take you through some common online gambling payment methods.
Table of Content
Casino Deposit Types
Check out the full list of online casino deposit payment methods:
Debit Cards for Online Casinos
These are the cards you use for your day-to-day finances and the online casino payment process is close to online shopping for information.
Many casinos are happy to accept them, but processing fees vary, some may gratuitously require you to deposit or withdraw-some might not.
Commonly accepted cards include:
- VISA
- VISA Electron
- MasterCard
- Maestro
- American Express
- Discover
Digital Wallets
Digital wallets are ideal for online gambling (sometimes called e-wallets). This type of casino payment method approved by many gambling sites and casinos.
They let you move money from your wallet to your preferred gambling website, quickly and easily. Your financial details are covered because only your digital wallet is used by the online gambling provider, not your bank/card details.
It works like this:
- Open a wallet and connect your cards, bank accounts or alternative payment information
- Transfer funds into the wallet from your bank account or card
- Transfer funds from the wallet to the gambling site
- Retrieve winnings back into the wallet and transfer them using the wallet or send them back to your card or bank.
E-wallets include protection, flexibility, speed and convenience. You don’t have to remember long card numbers, just your e-wallet password. They also look for alternative forms of payment so if you don’t want to use
Skrill, NETELLER and Paysafecard are the big three, and one company (Paysafe) now owns these three.
PayPal is also an option although its gambling coverage is much smaller than the three above. WebMoney and the EcoPayz casino are popular options as well.
Prepaid Cards and Instant
Prepaid cards act in the same way as a debit card. But instead of taking money from your bank account, you’ll need to load money onto the card in order to use it. This means your gambling money will be restricted to a certain amount, and you’d have to load more money onto the card once that runs out.
It makes it easier to monitor the spending and keep track of it. You reduce debt by being able to spend just what you are loading onto the card.
Many of them are actual cards, some are virtual; that is, you have the numbers you need to enter to’ pay by card,’ but no actual card. Instant transfers.
Fees differ by company and can be applied as a percentage or flat fee to account deposits or transactions. Online casinos, however, do not charge you to deposit with a prepaid card.
Paysafecard (owner and operator of the former UKash service) EntroPay Instant payment systems act as a ‘middle man’ between your bank and the online casino. You may want to keep your banking separate from playing games, and these services will help you do that.
Instant payment services allow you to make deposits online and pay retailers using a login and password to make your payments using funds from your bank account. Transactions usually are instantaneous. Most are free to use but a minor transaction charge applies to others.
Online casinos that don’t charge you for instant payment service deposit include:
- ClickandBuy
- Click2Pay
- iDebit (formerly Instadebit)
Direct Bank Transfers to Your Account
Bank Transfers entail moving funds directly from your bank account to your online casino with no intermediaries involved.
Since this is a straight forward move, there are generally no fees.
Bank Wire Use the account information of the online casino to move funds either in a branch or through online banking; the time of clearance on your funds can differ.
Instant Money Transfer Includes even using bank information to transfer cash in a branch or via online banking, but the switch is instantaneous.
Innovative Solutions for Casino Depositing 2021
There are a few interesting solutions, in addition to conventional approaches. Online casino players are not only turning to Bitcoin as a payment source, but players have also turned to paying with phone bills.
You will find a wide range of casino payment methods online. These include Apple Pay, PayPal and mobile phone payments, all of which add another layer of security. These help create a buffer between you and the casino site, so you don’t have to share your payment details directly with the sites.
Final Thoughts
All casino players are looking for a fast and safe way to fund their casino account.
Transactions should be instant to allow you the ability to join the casino rooms of your choice instantly.
Withdrawals can vary from casino companies and we strongly advise making sure you have previously submitted all the required identification checks because this can slow down the withdrawal process.
Online Casino Payment Methods Payment
Lastly, make sure to check if any payment gateways are charging any fees connected to the transaction so there are no surprises upon the deposits.
The payment gateways are very similar to bingo payment methods and we only list trusted and safe types for you to deposit and withdraw real money.
If you are wagering money in an online casino, choosing the right payment processor is paramount. You can deposit funds to your account in a variety of ways, including cryptocurrencies, credit cards, et cetera. But how can you know which option is the best for you?
The best payment methods are the ones that let you quickly deposit and withdraw funds from your online casino account while preserving your security during every step of the process.
In this article, we will cover the top 5 best casino payment methods you could possibly use for online casino deposits. The methods listed here are the best in terms of speed, popularity, and convenience.
Neteller
Neteller is without a doubt one of the most convenient payment systems out there. This has made it extremely popular with internet casino users. The system is known for its simple, utilitarian design and is especially well-known in the UK.
Neteller is equipped with credit card data protection, which means that all card details you enter when depositing are kept hidden and cannot be accessed by third parties.
The system has been developed in Canada in 1999 and has been gaining popularity ever since. Neteller is favored by the best casinos of the world, such as WooCasino, BetAmo, and, of course, Bob Casino.
Just like its competitors, the system charges a small fee on all transactions. This fee usually varies from 1 to 5 percent, depending on the deposit method.
Neteller also allows users to make very large transfers. This is another reason for its popularity in online casino payments. There is almost no limit on the amount of money you can transfer.
In addition to this, users may transfer to a Neteller account from almost any other payment system. This flexibility is another reason it is popular.
The only disadvantage is the fee you have to pay on all transactions. But in most cases it is negligible.
Paysafecard
Paysafecard is a good and secure option not just for online casinos, but also for use when shopping at online stores. Its main benefit is that it is fully independent of your credit card (much like PayPal). This makes it very safe.
Paysafecard is accepted at many venues where Skrill or Neteller users are blocked, hence its popularity. Fees imposed on Paysafecard transactions are small, and usually do not amount to much.
However, Paysafecard is not accepted in the US, which is probably its largest drawback. Also, you are not able to withdraw via Paysafecard – it works only for deposits.
Visa
Visa is the largest debit and credit card company in the world. A Visa banking card is the best payment method for online casinos worldwide since it has the best support of all payment systems in the world.
The fees for using Visa are very low, which makes Visa a much better option for online casinos than American Express or Paysafecard.
Visa debit cards are accepted by all casinos, and you may receive casino bonuses if you use Visa or rival MasterCard to fund your account.
Visa has one of the best security systems, so you can feel safe while using it. And if something does go wrong — you can always request a chargeback from your bank.
However, not all casinos allow you to withdraw using this method and sometimes you are required to pay an upfront fee before you can deposit money with Visa.
Skrill
Skrill is a very popular payment method in online casinos. Launched in 2011, it quickly made itself the preferred payment method because it is convenient, safe, and quick.
Skrill offers good data protection, and you can be sure none of your personal information will be leaked to third parties. The system allows you instant bank access to all deposited money.
Almost every casino offers you a bonus for using Skrill. This is because Skrill is the most convenient method both for you and the casino.
The processor supports 40 different currencies, making it the only option for many people who have to deal with rare and uncommon currencies.
Just like PayPal, Skrill has a 24/7 support team ready to help you at any time. There is a chat always open for you to ask for help.
It’s not all roses, however. You do need to pay a fee to fund your account from Skrill, just as you would with Neteller and Ecopayz.
Bitcoin
Online Casino Payment Methods
Bitcoin is a revolutionary form of currency, which is not controlled by anyone and allows the user to remain fully anonymous. This is a large advantage, since it greatly improves the security of anyone using it. Third parties are not able to receive any information about the user, so no bank and company will know that you like to gamble. A lot of people like the privacy afforded by that. This makes it one of the most secure online casino payment methods.
Online banking with Bitcoin is very simple. You have an e-wallet that you can deposit to and withdraw from. It works similarly to a bank account, but it is fully anonymous and decentralized, so no third parties can access your information and you do not need to fear any data breaches.
Not all casino games accept Bitcoin. In fact, comparatively few do. That is its main downside. You will not be able to play all the games if you use only Bitcoin.
PayPal
PayPal is a payment method with a solid reputation. And the best one in terms of safety and security. You may use many ways to improve security even further, such as two-factor authentication. It is recommended for people that value security above all else.
While this method is one of the safest and most reliable, it does not work with many casinos. PayPal is notorious for having policies that make it extremely difficult for gambling venues to offer it as a payment method, so very few online casinos do.
Revolut
Revolut works like a prepaid debit card that is accessed through a mobile app. You can quickly transfer money between Revolut and a regular Visa or MasterCard, which makes it very convenient. The app’s main benefit is its security and the ability to create an unlimited number of one-time-use disposable credit cards.
Online Casino Payment Methods For Real
However, as of today, almost no casinos use it, so it is not really a viable method of payment.