Modern gambling websites accept a variety of deposit and withdrawal options. Of course, some of the most convenient are online methods, which have numerous advantages: speed, safety, anonymity, and etc. Depending on the country, deposit and withdrawal options may differ.
What are the Best Online Casino Payment Methods?
Some payments are available for players from anywhere in the world (bank cards or e-wallets), while other (e.g. Interac) are focused on users from certain countries and regions.
Determining the best payment method depends on the preference of each individual player. However, we will try to help you with the choice by giving detailed information about the pros and cons of each option, speed of transaction processing, safety, and specific pitfalls.
1. Online Banking
One of the most common deposit methods on gambling websites is online payment by MasterCard and Visa cards. This payment option is easy to use and secure thanks to the latest 128-bit digital encryption (SSL) technology. The main drawback is the processing time, which usually takes 1-5 business days.
Moreover, players should be careful and give their card details only to a proven and reliable online casino that offers not only numerous slots and free spins but also 24/7 support and official licenses.
2. Electronic Wallets
Nowadays, payments with e-wallets are becoming more and more popular among gamblers. The most common e-wallets are Skrill and Neteller. Some of the main advantages are the ease and security of payments, as well as the speed of money transfers.
No matter whether you pay or receive payment, money is credited to your account immediately or within a few minutes. You also don’t have to disclose your bank account information using these e-wallets.
3. Apple Pay
Probably every people have ever used the Apple Pay service. Today casino sites with apple pay option are the most reliable among users. Such technology is a trusted and convenient way to deposit money at gambling websites.
It helps to pay at every appl-pay casino in just a few seconds, instead of using a plastic card or other services that only take up time.
The security level is also high since the account is tied to a smartphone and transactions can be easily tracked online. Gamblers are allowed to pay only after checking their fingerprint or Face ID.
This avoids all security risks. Players can use Apple Pay at any time because smartphones are always near them. This is useful for people that play during the night, as some payment methods are not available 24/7.
It is also possible to add several cards at once and customize the design of the application. Summarizing all of the above, Apple Pay is really one of the best online casino payment methods for gambling purposes.
Today there are more than 400 million PayPal users in the world. And there is a huge number of gamblers among them. This alone is proof of the quality, reliability, and security of PayPal.
During all the years of its existence, there hasn’t been a single scandal or break-in, which could have led to the leakage of information or users’ personal data.
PayPal’s online wallet is completely independent of credit cards and other customer’s data. The company also guarantees the security of all PayPal transactions with SSL protocol. This means that personal information is not transmitted to third parties.
Cryptocurrencies allow players to keep their privacy, provide fast payment processing, and in most cases, do not charge additional fees. By choosing to play at online casinos with cryptocurrencies, you are guaranteed complete “transparency”.
Compared to other payment platforms and methods, no one controls or monitors the payments associated with crypto coins. You can make payments online and deposit to online casinos anonymously.
There are many ways to deposit money at online casinos today. Payment methods range from regular bank cards to electronic e-wallet systems.
Each of these methods has its pros and cons, and some companies offer their services only in specific countries. All of such factors should be considered when choosing a casino where you want to start playing.
Of course, it is better to use online payment methods, including Apple Pay and Bitcoins. By far, they are the safest and fastest, which makes them extremely popular among gamblers.
About the Author
Vendy Adams is a gambling fan and a passionate poker player. She works in the field of content writing and editing. Vendycreates essays about online casinos and works on research about the global gaming industry.