Online gambling is becoming more and more popular, especially due to the global pandemic and because people are trying to stay safe and cautious at any given moment. If you are trying to play some casino games online, and you are not too sure what are the rules and regulations – especially when it comes to casino deposits and payments, keep on reading! Here’s all that you will want to know.
10 Things To Know About Casino Deposit & Payment Methods
1. What are the different types of payment methods?
Every site will offer different options when it comes to their deposits and payments. There are loads of different various deposit and withdrawal methods that you can choose from, and most times, the site will vouch and offer different options at the corner of their site, which makes the process easy to navigate. It is quite convenient and practical, as well as perfect for anyone who prefers online games and doesn’t want to spend cash on games.
2. You can go for credit and debit cards
The most popular payment option is this one. Over 50% of people in the UK use credit and debit cards, especially Visa! You can also use MasterCard or Maestro in most cases, and in most countries. They are easy to use, highly accessible, as well as popular, and easy to get to. However, the only downside is that some new growing banks might not prefer to accept this as their gambling payment option. You should be on the lookout for any new news, as well as developments when it comes to the use of credit cards in your country, especially for gambling purposes.
3. There are E-wallets as well
Have you heard of E-wallet before? They are super practical since they allow you to withdrawal your money in less than 24 hours and in only 2-3 clicks! They also have transaction fees, but their price is more than acceptable and affordable. At the moment PayPal is the most popular e-wallet or transaction option worldwide. It usually takes 3% of your transferred amount of money, but this can vary.
4. Other popular options also include Paysafecard, Skrill & Neteller
Paysafecard is an e-wallet that requires a unique 16-number PIN code and is quite popular in the U.S. If you are a casino lover from the U.S., this might be a good place to start.
Skrill is an e-wallet that is regulated under UK law.
Neteller is a lot like Skrill where you can use their Net+ card or transfer the balance to your account directly.
5. Prepaid cards and vouchers are an option
These are quite popular and common in the UK as well as in Europe. Almost every casino will accept this payment method since these have high standards and higher security levels than some other options. Although not available in the U.S. at the moment, it is popular in most big cities throughout Europe.
6. Have you heard of EcoPayz before?
EcoPayz also offers a prepaid card. This ecoCard works as a Paysafe card and allows you to make your deposits from anywhere around the world. It is a free payment option and customers will also like it since you can get a single-use card just for one of your games, and for a shorter period of time.
7. What about bank wire transfers?
Wire transfers are a secure method, as well as a popular method for every casino! Everyone has a bank account setup nowadays, which makes the wire transfer easy and practical. However, you might dislike the fact that it can take up to seven days for this process to complete and for your money to be deposited. You should stick to wire transfers only if you can’t do any of the previously mentioned options.
8. There is Trustly
Trustly is also popular in Europe and is known as a middleman when it comes to transferring money. It doesn’t ask nor require you to share your essential payment details. Because of this, you are safe from any identity thefts or fraud. It is not as known, but it does have its pros and perks, just make sure that your chosen casino has it as your money transfer option.
9. iDEAL is popular in some countries
iDEAL is used in Nordic regions quite a lot, and it is not available in the USA at the moment. It is also popular in the Netherlands and over 55% of Dutch people use it and prefer it as their main go-to site for transferring their money. This payment and casino option has been around since 2014, and is perfect for European players.
10. The UK has a specific policy on credit cards
Did you know that in 2020, the UK has banned all credit cards for the use of gambling? You can only purchase lottery tickets with your credit card! There are over 24 million adults who love to gamble in the UK. However, credit cards may lead to some financial risks. This is why you might prefer something affordable, as well as reliable. How about a 5-pound deposit casino? These are great for anyone who wants to earn some bonuses and extra offers + you can browse through different casino sites daily! In fact, for more information check here https://casinohex.co.uk/online-casinos/5-pounds.
Ready to have fun and feel safe and protected at the same time?
Did you know about all of these payment and transfer options? Were you aware that transactions were possible through other sites, aside from PayPal? Nowadays, you can enjoy your casino even more since there are different games, deposits, as well as payment options available! Everything is easily accessible, and you can have fun from the comfort of your home! So why not stay safe and enjoy the majority of casino games?! Let us know which game you love to play the most, and which is your deposit money strategy, we would love to know!