Best Payment Methods for Online Casinos
There are a lot of pyment methods that can be used for depositing and withdrawing funds from online casinos but we can not classify them or make a list of the best ones.
The best online casino payment methods can vary from a country to another and from each player preferences.
Some players are using credit and debit cards because they are considering that this is the easiest way to fund their casino accounts while others have dedicated e-wallet accounts used for gambilng activities only.
Lately, the whole crypto currency “madness” has brought the majority of casino players to another level and since the list of casinos accepting crypto currencies is getting bigger every day many of them start to use this new method to fund their casino accounts and withdraw their winnings.
The changes of gambling regulations In Europe, Australia, US and other parts of the world had also a big influence on the evolution of all casino payment methods.
The best way of clasifying all casino payment methods is the following: credit and debit cards, e-wallets, crypto-currencies, bank transfers and other payment methods.
Credit and Debit Cards
Visa, MasterCard and Amex are the biggest credit and debit cards providers in the world and therefore the most used for gambling.
Some players will prefer to keep separate accounts for gambling and day to day expenses so they can track all their deposits and withdrawals.
Credit card users must pay attention because it is very easy to loose control and spend more money that you can afford. Debit cards on the other hand are more common because they are linked to your bank account and let you spend only the money that you actually own so it is more secure especially if you are on the “impulsive” side of the gambling.
Both credit and debit cards offer a high level of security and even if someone steals your credit card details and make some payments on your behalf the anti fraud protection offered by all banks will give you your money back as part of the insurance.
Credit and debit cards deposits are instantly credited but cashing out your winnings via this method can take anywhere from 2 to 5 working days, depending on the speed of your card issuer.
Most credit and debit card deposits are free of charge meaning that no additional fees are added butt you can check this before making a deposit on both the casino website and your bank.
Do to the relatively high transaction costs involved, the minimum deposit accepted by most online casinos via any credit or debit card is a little bit higher compared with other methods (between $10 and $30, usually $20 or $25).
E-Wallets
E-wallets are grat deposit and withdrawal methods and almost any online casino out there have one or more w-wallets listed in their banking options.
The most popular ones are Skrill, Neteller, ecoPayz, UPaycard, Neosurf, Kiwi Wallet, POLi, WebMoney, Citadel, EZIPay, BPAY and Quick Tender. There are a lot more e-wallets available but those are used on a small scale because only available in certain countries.
PayPal is another great e-wallet but it is only accepted by regulated online casinos in Europe (mostly UK, Italy, Spain and Romania).
Most E-wallets have debit card attached so you can easily withdraw your money from any ATM and even use your card for non gambling related online purchases.
Unfortunately, at the end of 2016, two of the most popular e-wallets have decided to cancel their MasterCards owned by all players that didn’r reside in one of the SEPA countries. You can read the full story by reading the article Best Casino Deposit Methods for non SEPA Countries & USA
E-wallets are safe and easy to use and most casino players preffer them over credit cards or any other payment method. Please note that some e-wallets are not available worldwide so check the availability in your country before trying to open an account.
Crypto Curencies as a casino payment method
Bitcoin is the most popular crypto-currency accepted by online casinos but some of them also accept Bitcoin Cash Litecoin, Ethereum and Dogecoin. New to the whole crypto world and want to know how you can buy some Bitcoins (for example)? Just scroll down to the following article: Best Casino Deposit Methods for non SEPA Countries.
A good example of the good crypto-currencies integration into the casino cashier is Casino Extreme or Brango. Both of them offer Bitcoin for both deposits and withdrawals plus multiple other choices (Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dogecoin).
Casino Extreme players can also purchase Bitcoins and other cryptos directly from the casino via QBDIRECT. QBDIRECT is the best solution for casino players that that want to avoid the hassle of buying and selling Bitcoins and also avoid unnecessary fees and crypto wallets accounts.
Please note that QBDIRECT is only available at Casino Extreme and his sister casino Brango
Bot casinos above have instant cash-outs available: you make the request, go over to the live chat and ask the operator to process the payment.
The only downside of depositing crypto-currencies is that you have to wait for 15-20 minutes on average before you actually see the credits into your casino accounts.
There is a casino group that solved this problem and find a way to credit your account instantly after making your deposit. Superior Casino, 24Vip and 888 Tiger offer instant Bitcoin deposit to all their players.
In our opinion, Bitcoins and all other crypto-currencies will surely become the main currencies for online casinos so you might want to start using them.
Also, Bitcoin is the best deposit and withdrawal method available right now for players coming from the USA, Australia and other countries with “unclear” gambling legislation.
We will keep you informed on the crypto-currencies integration into the online casinos banking so bookmark this page and come back from time to time to see what’s new.
Other Casino Payment Method
A good example of casino local deposit method is POLi, an online payment option that allows you to use your internet banking to fund your casino account. POLi in only used by players coming from Australia and New Zealand.
Some online casinos are even accepting deposits via various gift cards and a good example is Las Vegas Usa Casino, Old Havana and Slots Plus that offers you the chance to use MST Gift Cards to fund your player account. MST Gift Cards.
In order to use this deposit method you will have to register an account at one of the above mentioned online casinos, land to the cashier, click on MST Gift Card option and then check your email for an invitation to purchase the gift card sent to you by the casino.
The minimum you can deposit via MST Gift Card is only $5. MST Gift Cards are usually used by players coming from the USA and Australia but can be used in other countries too.
There are many other casino payment methods specific to certain countries and will surely add some more to this page. If you want to know what are the best deposit methods for online casinos in your country just send us an email and we will do a research for you.
