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 Electron
- American Express
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:
- 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.
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.
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.