Most Popular Banking Methods for Online Casinos

Deciding what online casino payment option you should use is the first step to playing at an online casino. There are many options available to those who wish to deposit and withdraw with an online casino. From credit cards to PayPal, there are a lot of choices out there. In this handy guide, we’re dispelling some of the myths and extolling some of the virtues of these payment methods, so you can pick the one that’s right for you.

Online Casino Payment Options

Below is a list of the best payment methods with a brief introduction to each. if you’re looking for specific casinos please click the blue buttons under each type which will direct you to the best sites for each casino payment method.

visa casino payment method

Visa casino payment method

Visa is an extremely popular casino payment method among European players. Like MasterCard, this is accepted and almost every casino and is frequently used due to players being so familiar with it. Deposits using visa happen in real time meaning once you enter your card details and amount the fund is ready for you to play with. Withdrawals though, do take a like longer to complete. Casino winnings will appear in your account between 3-5days after you have withdrawn it.

Visa Online Casinos
MasterCard casino payment method

MasterCard casino payment method

In terms of payment methods, MasterCard is one of the biggest. Its one of the most secure and one of the most popular with vitally all online casino accepting this method. Reason for this is that everyone is familiar with MasterCard on a daily basis. Security is the biggest factor for MasterCard deposits and withdrawals, followed by customer service which is top class. Deposits to a casino are instant, withdrawals take a little longer (3-5 days waiting time).

MasterCard Online Casinos
neteller casino payment method

NETELLER casino payment method

NETELLER is an e-wallet which you can use to upload funds into which you can deposit and withdraw from online casinos. It’s a great money management tool which allows you to collect and manage funds from a single place separate from your bank account. NETELLER is extremely secure and it keeps your banking data private from the casino. Deposits and withdrawals are both instant, making it one of the fastest ways to transact with a casino.

Fees are something you’d need to bare in mind when using NETELLER. Depsoits into a NETELLER account are free but there are fees when it comes to withdrawals.

NETELLER UK Online Casinos
Skrill casino payment method

Skrill casino payment method

A really established online casino payment option, Skrill is an e-wallet service which allows for easy management of funds between you and multiple casinos. It’s favoured by a lot of casino sites because they don’t charge high merchant fees, in some cases you may even get a special deposit if you choose to use this method. It’s an instant deposit and when it comes to withdrawals, it’s also a super speedy way to get your hands on that cash.

While some casino operators favour it, other casino sites steer clear of the Skrill payment option, favouring more traditional ones instead. This means you can’t always rely on the ability to use this method, as it’s not quite as common as some others.

Skrill UK Online Casinos
Boku casino payment method

Boku casino payment method

Boku allows casino players to transact with the casino by using just a mobile phone. Making a deposit is easy, you simply need to enter your mobile phone number on the deposit funds section. once complete you will receive a text message with a pin to enter into the casino site to validate your deposit. The amount deposited is charges to your monthly phone bill (if on contract) or charge to your pay as you go credit).

SMS fees do apply when using this service. It’s not as popular as the main banking payment methods but its a great alternative.

Casino Sites That Accept Boku
ecopayz casino payment method

EcoPayz casino payment method

A newer brand to the e-wallet payment sector EcoPayz is a payment alternative which is increasing in popularity. Just Like NETELLER and Skrill this casino payment option provides users with instant, secure and private way to manage their gambling funds.

Paypal casino payment method

PayPal casino payment method

One of the largest alternative payment option providers, there are few users that don’t already have one of these accounts set up. It’s known as a speedy and efficient way to transfer cash, with added payment protection on top. Their fraud protection scheme means that you can claim back any money that you think could have been withdrawn fraudulently.

Experiences with PayPal can be a bit mixed, with some players having their accounts frozen or their cash in a pending state for up to three weeks. While this isn’t the norm, it is something that you may want to be aware of prior to using this payment method. Generally, they do have good customer service that you can rely on should anything like this occur.

paysafecard casino payment method

Paysafecard casino payment method

For those that don’t have or don’t want to use a casino payment method online, Paysafecard can offer the perfect solution. With anonymity and instant deposits, users can even buy these in cash if they want to stay totally off the radar. As you’re keeping your payment method totally offline, there’s no chance of your details getting picked up and used by others. There’s an app to help you find your nearest merchant and then when you deposit, all you have to do is enter your PIN.

The downside to this payment method is that the user must buy the voucher at a store, which isn’t always feasible – especially late at night! It’s also not possible for users to withdraw using this method, which may mean you have to use another one of these payment methods anyway. Unfortunately, if you do manage to lose your voucher then you can’t get this money back, as the funds are locked to the PIN on the voucher.

entropay casino payment method

Entropay casino payment method

If you want to use an alternative casino payment method anywhere that you can use a Visa then EntroPay can be a great way to deposit. This is a virtual card, which means it acts like a Visa, but it’s not tied to your main bank account so it offers another layer of protection. You can’t get overdrawn with it and it’s a really simple process to get to grips with.

Not every player will want to disclose their details to a third party, though you can rest assured that this one is safe to use. Some sites allow you to log into your EntroPay account directly, for others you’ll need to use the card details of the virtual card – which can be more time consuming.

Bitcoin casino payment method

Bitcoin casino payment method

Crypto currencies can seem a bit confusing, but as soon as you start to use them you’ll feel right at ease. The fluctuation within the market means that you could turn a jackpot into a whole lot more if you manage to cash out at the right time. This payment method is totally anonymous, which is ideal for players that want to keep their private transactions private.

This is a newer payment method and it’s not available on all casino sites as of yet. You’ll also need to put a bit of effort and research into using it, though it can be worth it. The value of your jackpot can increase, but it can also decrease, so make sure you’re monitoring the market.

No matter what online casino payment method you choose to use, ensure you’re playing on a site that’s safe and secure to protect your identity. Then you can enjoy their games without having to worry about your details falling into the wrong hands.

2018-09-10T10:30:35+00:00