Today, players can enjoy a range of casino payment methods, many of them offering safe and fast transactions. But which one is best suited for you? On this page we’ll guide you to what options are available and how the various card based and cardless banking options differ from one another.
Not sure which deposit method to use? Here we have listed some tips that can help you decide which one is best for you:
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
To be safe you should only use deposit methods that are well known and are provided by licensed financial institutions. Choose a secure method that is convenient for you and suit your individual needs.
There are a lot of options available for cardless payments today, in fact there are more cardless options than credit cards or debit cards. Wire transfer, Apple Pay, Google Pay, eWallets and cryptocurrencies are some of the more popular choices for online gambling and shopping.
All options in our casino payment methods list come from licensed financial institutes and are safe to use. They only differ in how they approach security. For instance, Paysafecard uses a 16-digit code while card companies use fraud protection protocols.
That’s entirely up to you and your needs. Some find it easier to keep track of their gambling transactions using a digital wallet, and the fees are usually lower. Other players find that their credit or debit card used in everyday transactions is a more convenient option.
Cryptocurrencies, eWallets and bank transfer with Trustly were made for online use and are often the fastest. That’s not to say that known card providers like Visa and MasterCard are that much slower. Keep in mind that withdrawal times also depend on the bank connected to your card or payment method and which day of the week you put in the request for a withdrawal.
Avoid unlicensed providers and be very careful when using services that aren’t very well known.
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