Best Online Casino Payment Methods for Fast & Secure Banking

How to Choose the Right Casino Payment Method

Not sure which deposit method to use? Here we have listed some tips that can help you decide which one is best for you:

• Safety first – Do your due diligence and research thoroughly before choosing an unknown provider. For your safety when using cards, we recommend sticking to big financial institutes like Visa and MasterCard.
• Consider transaction speed – Not all casino payment methods are equally fast, and many players value the ability to quickly deposit money or withdraw their winnings. If speed is important to you, you may want to choose one of the faster options like eWallets or cryptocurrencies.
• Choose convenience – Another way to choose is to go with what you know and what you normally use every day. That may be something as simple as your Visa card or a digital eWallet like NetEller. of course, if there’s a reseller near your location that sells prepaid cards, Paysafecard can be a convenient option.
• Availability and accessibility – Other things to consider is whether you often travel abroad or want to play online casino while on your vacation. Some casino payment methods are only available domestically or in specific regions while others are available almost everywhere.

Wire Transfers

Wire transfers from one bank to another is one of the oldest and most trusted deposit methods that’s still being widely used today. This is an especially good option if you need to transfer large amounts from a specific bank account. The disadvantage is that wire transfers tend to be slower than some of the other banking options available.

Debit and Credit Cards

Many players opt to use their Visa, Mastercard or American Express card as casino payment methods as these cards are widely accepted by gambling sites. Nowadays, many browsers and apps can safely store your card information, so you don’t have to type it in manually each time. Direct deposits using debit and credit cards are quicker than traditional wire transfers but sometimes come with a fee.

E-wallets

Digital wallets like NetEller, Skrill, Paypal, Google Pay and Apple Pay are very popular for shopping online and as online casino payment methods. With an e-wallet, you can easily keep your personal finance separate from your gambling or entertainment funds. The bigger ones are widely accepted by gambling sites and while some e-wallets take a small fee for transactions, there are many that don’t.

Cryptocurrencies

One of the more popular deposit methods for players who value security and privacy. Besides Bitcoin there are a myriad of cryptocurrencies available and new ones are released all the time. The huge competition between crypto casinos and cryptowallets mean that transaction speeds and ease-of-use are constantly improving. The only real downside is that it can take some reading to get into cryptocurrency.

Prepaid Vouchers (eVouchers)

Prepaid vouchers like Paysafecard is another option besides cryptocurrencies if you want to stay anonymous. This is a particularly good option if you want to pay with cash and don’t mind the time it takes to visit a reseller to get your voucher. Today, you can also top up many eVouchers online using debit and credit cards or other payment methods.

Deposit Limits and Withdrawal Times

Something you should be aware of is that most online casinos impose a minimum deposit limit to prevent too many small transactions. Typically, you’ll have to deposit at least €10 or the equivalent, but the limit is up to the casino operator to decide.

Another thing that is good to know is that withdrawal speeds vary not only between casino payment methods but also depending on the time of the request. For instance, withdrawals usually have slower handling times during holidays and weekends so it’s best to request your money on normal week days before any major holidays.

Solutions to Common Problems

While most players are able to enjoy hassle-free shopping and online gambling using a variety of different payment methods, problems sometimes occur. Below, we’ve listed some of the most common issues and how to deal with them.

Unable to make a withdrawal

If you’re being refused a withdrawal, it’s probably because you’ve chosen a casino payment method that is only available for deposits. Simply choosing another option to withdraw your winnings will often be enough to solve this issue.

However, sometimes you may also get an error if you’re trying to withdraw an amount over or under your balance. If sometimes doesn’t make sense, you can always contact the casino support for help.

Slow withdrawal

This will rarely ever be a problem if you choose an online casino that’s been recommended by experts and other players. If you do happen to run into a delayed withdrawal, it could be that you’ve chosen a slower casino payment method.

It could also be that you’ve won a large amount and need to verify your identity as per the operators fraud prevention routine. If you often encounter slow withdrawals, playing at a fast payout casino could help.

Not receiving bonus winnings

Most online casinos offer promotions that almost always have a wagering requirement attached. If you have an active bonus and you’re trying to withdraw money, you’ll only receive the part of your money that isn’t part of the bonus. To avoid this problem, make sure to always consider the bonus terms before accepting an offer.

Deposit not showing up

Most modern casino payment methods offer instant deposits, but some will take up to 24 hours. If your deposit doesn’t show up on your account after a day, customer support can likely help you figure out and solve the problem.