A good online casino should provide you with a way to make swift and quick deposits. Today, most of the online casinos have a wide range of instant online casino deposit methods in which your cash can be available for wagering in just a few seconds. The most commonly used methods are the e-wallets, but you can also opt for the pre-paid cards which are popular too.
Payment methods common in online casino
Before joining any casino, you need to go through the different online casino payment options available for withdrawing or depositing cash. Such methods vary from one casino to the other, and if you aren’t sure, then Master cards and Visa cards are some of the common methods. You can also opt for e-wallets such as Skrill, Paypal, and Neteller.
Here is a detailed outline of some of the popular e-wallets that can be used in making deposits.
Neteller is one of the largest payment services across the globe. It has been widely linked to the gambling world in handling fees that are associated with poker rooms, sportsbooks and online casino. Back in 2005, Neteller was required to give out almost 80% of the online gambling transactions which led to the company being forced to pay damages amounting to 300million dollars. It has however moved to Britain and now seeks to partner with MasterCard to ensure swift transactions on payments made via pre-paid cards.
Formerly known as money bookers, skrill is thought to be the greatest competitor of Netteller. It is regulated by the financial authority of the UK, and this makes it one of the most secure e-wallets around. So, if you are looking for a reliable payment system, then skill is certainly one of the best options to consider.
PayPal is certainly one of the most popular e-wallets around the world. This giant company has maintained its clientele base for many years and has gained trust from the European continent, North America and other clients all over the world. Although it is an option on most online casinos, most online sports bookmakers prefer to make transactions through skrill or Netteller.
Credit and debit card transactions
Contrary to the popular belief, debit and credit cards are still reliable and safe to use when undertaking different transactions online. Most of the online casinos usually have a between 128, and 256-bit encryption for any transaction made using a credit or debit card. Additionally, most of the reputable online casino offers fraud prevention measures to safeguard their clients from fraudulent activities. Credit and debit cards just like e-wallets offer instant deposits. The difference between e-wallets and debit cards is that e-wallets withdrawal matures the same day while it takes longer for credit and debit cards.
Here is an overview of some of the common debit and credit cards
Given that its one of the first-class credit card for most American citizens, the American Express has maintained its reputation as one of the best debit cards to use on online payment systems. On the flip, it’s rarely used in most online casinos given the strict gambling laws enforced by the United States.
MasterCard is thought to be the greatest competitor to Visa in the credit card industry. This payment method is widely used across different online gambling markets, and continues to be the most reliable option for most online casino websites.
Visa card is one of the first credit cards to be suitable for making purchases online and has maintained its status as a largest and most successful payment method across the world. The advantage of using Visa is that it’s accepted in all casinos, and that means it can hardly ever get declined. Therefore, if you have no problem using a credit card on your online transactions, then it should be your go to option when making deposits or withdrawals at online casinos.
Offline banking methods
If you are a little hesitant on transferring cash online, you shouldn’t have to worry since it’s not the only method available. There are various offline banking methods to use that will make you feel more safe and secure.
Bank wire – Bank wire is a great alterative since it allows you to make direct transactions from one company to the other.
Echecks – Echeck is now constantly gaining popularity on most online casinos in the same way as paper checks. The best thing about such checks is that they are electronic as compared to the paper-based alternative.