Being able to deposit money to your account quickly, safely, and easily is one of the biggest appeals of playing online. When looking for a trustworthy casino, one of the most important factors we consider is the payment options. These days almost all reputed casinos offer a variety of payment methods to facilitate easy deposit and withdrawals for their players. While some of these methods are deposit only, others also allow you to withdraw your winnings back to your account. However, having so many options can also get a bit confusing. It is best to choose a method you know and trust the most. Here are the most used payment methods offered in online casinos.
Direct Bank Transfers
Direct bank transfers involve electronically transferring funds from a player’s bank account to the casino’s account and vice-versa. It is the traditional and most-used mode of payment also called wire transfer. The account holders in such transfers need to have a proven identity which makes these transfers a reliable and secure payment method. Almost all the best online casinos offer this type of payment method as an option. It is simple and secure but there may be a small fee for large deposits or withdrawals.
Debit/Credit Card Transactions
Credit and debit cards are the most universal payment methods that all the latest casinos offer to their registered users. There is hardly any casino that would not accept any kind of card as payment methods. There are many kinds of cards that are pretty popular, secure, and widely used. These include Visa, MasterCard, Maestro card, American Express, etc. Most of these cards like Visa and MasterCard are universally accepted and have impeccable level of security. Hence, there is no threat of your data being shared or used maliciously. Plus the transactions are fast and easy making the process simpler and more favorable for most people.
Sure credit and debit cards are a great payment method for your casino transactions, but they are not the only methods available. PaySafe cards are also quite popular among residents of UK and Europe as a safe and quick method of dealing with their casino payments. PaySafe cards are prepaid cards that allow you to deposit and withdraw money without disclosing your personal information to the merchant websites. All you need to do is top up your PaySafe card from any high street retailers before doing any transaction with it. This means your payments remain completely secure and 100% confidential.
E-wallets are currently the most widely used and popular payment methods for any kind of online or digital payments. This is true for online casino payments too. Almost all online casinos offer many different e-wallet payment options. However, Neteller, Skrill and PayPal are certainly the most dominant e-wallets in most online casinos. E-wallets can be topped up like prepaid cards and used to deposit money. They can just as easily be used to withdraw money from the casino to your e-wallets. These wallets are linked to your bank accounts and make the transfer of payment instant, secure, and very convenient.