It is a well-known fact that all UK casinos do not accept credit cards as a payment method. This is thanks to UKGC. According to their rules. Credit cards must not be used for online gambling.
Why Some Casino Sites Still Accept Credit Cards
Luckily, there are still casino sites that accept credit cards on NonGamStopBets.com and you can play there using your favourite payment method. Here, we will discuss the matter in detail and reveal why some casinos can still accept this banking option.
No Local Restrictions
As we have mentioned earlier, UK casinos that have a UKGC licence must not accept credit cards. This is mandated by the law and if they accept any of the credit cards, they can lose their licences which means they can lose the entire market.
There is no online casino that will do this so they banned credit cards completely. There is no need to add that this payment method cannot be used for deposits or for withdrawals.
But, there are other online casinos that can accept credit cards. These are known as international or off-shore casinos. There are two main types. The first type already has a licence. The best examples are MGA, Gibraltar, or eGaming Curacao.
These are some of the biggest and the most popular gambling authorities besides UKGC and they cover thousands of online casinos. But, while UKGC doesn’t allow the use of credit cards, all of these gambling authorities allow it.
That’s why you can use any credit card at any casino that comes with a licence obtained from this gambling authority and play games as you would normally do.
The second type is an online casino that doesn’t have any licence. These can still be very safe and appealing websites for UK gamblers.
Usually, they are new, being established in 2020 or even 2021 so they still don’t have a licence. Most if not all will opt for MGA or Curacao licence, meaning they will allow you to use credit cards even after they get a licence.
Favourite Payment Option Among Players
Using credit cards has been one of the best and most appealing payment methods for all UK players. The reasons for that are simple. First of all, many gamblers already have credit cards. It is in their wallet and they can deposit funds within seconds.
Others have to create a new account at Neteller, Skrill, or any other payment method which takes time, adds fees and so much more.
Gamblers don’t like this and they will choose a credit card or a payment processor they already have. This is the main reason why credit cards have been very popular for online gambling.
Then we have low fees. All gamblers consider fees and other expenses when they choose a new online casino. Lower fees mean more money for gambling and for lifestyle in general. Credit cards have been known as one of the best and the most affordable payment methods for gamblers.
Then we have the overall security. The credit card company, the bank you use, and the casino will all have their own, separate security protocols.
That’s why this is the most secure payment method known to gamblers. You don’t need to worry about anything and you can simply enjoy gambling.
Players also have guarantees and the security technologies are updated on a regular basis. The bottom line is obvious. You don’t have to worry about your money and your information.
Simple Transfer
The transfer via credit card is extremely simple. You need to choose a credit card at the online casino, enter the amount you want to deposit and you are done.
This is done instantly and you are ready to start gambling. Withdrawals are possible as well. Modern and big, reputable casinos can process your transaction within hours and you will get funds ready to use.
Comparing credit cards with some other alternatives, we can see that it makes all transactions much simpler and easier. It is a nice thing and something we all like and need.
Keep in mind that e-wallets are the quickest when it comes to withdrawals, but credit cards are the next best thing. Some gamblers don’t like a complicated process for making deposits that involve multiple payment providers.
For example, if you want to use PayPal, you need a bank account or a credit card. The situation is the same for almost all payment providers except bank wire transfers and credit cards. Simpler transactions make gambling more appealing and more desirable.
Conclusion
Credit cards are simply the best and the most desirable payment method used for online gambling. First of all, it is extremely safe. Secondly, it is affordable thanks to low fees.
Add the fact it is very popular, accepted by almost all online casinos and you can see why credit cards are one desire all gamblers have and why they will remain as the number one payment method for online gambling.