As a live casino player, there are a few crucial things you need to evaluate carefully before all the spinning, rolling, and dealing begins!
First, which online casino is the best place for you to have fun, which type of online games you prefer, how much money you want to spend, and last but not least, which payment method are you going to use to fund your little gambling spree.
With the number of online casinos and gaming software providers on the rise, a similar “booming” effect is happening with the banking methods for these gambling adventures. Efficient payment methods are a vital part of gambling online. Managing deposits and withdrawals, most conveniently and securely, is beneficial for both online casinos and punters.
Popular Payment Methods (A-Z)
Adyen is a massive financial services company founded in 2006. The business got big thanks to its in-house fintech platform. A lot of casinos accept Adyen as a payment method.
Airtel Money is an e-wallet offering various services. It allows users to pay bills, recharge their mobile phones, shop online, and make hassle-free online casino deposits and withdrawals.
The global market has no shortage of alternative payment methods. One of them is Airtm, an innovative banking method from Latin America. It can be used for online gambling.
Alps is a payment processing company from Chile. The service primarily caters to clients outside of Latin America, offering them a simple way to send and receive payments from the region.
Online casinos are booming. Amazon Pay is one of these innovative banking options that facilitate casino deposits and withdrawals, enabling a convenient substitute to traditional services.
American Express is one of the best-known financial service companies in the world. There are some casinos that accept American Express for deposits and withdrawals.
As you can probably assume from the name, Apple Pay is a digital payment system developed by Apple Inc. It is developed to handle contactless purchases. But also available at online casinos.
APS is a short-hand for Advanced Payment Solutions. APS provides a turnkey payment solution for businesses of all sizes, including online casinos.
As a virtual prepaid card solution, Astropay is facing competition from services such as Paysafecard. But it has lots of benefits due to being widely accepted.
One of the reliable payment methods frequently used by players in India is Axis Bank, it’s easy for online casino players to use for deposits at online casinos.
Bambora was established in 2015 as a way to simplify payments for businesses. Lately, it’s more and more accepted at online casinos as a legal payment method.
Bank transfers in online casinos are most likely the safest banking option you can choose. Additionally, bank transfers have been around for a long time, and that’s why many people feel comfy with it.
BHIM, or Bharat Interface for Money, is one of India’s fastest-growing online payment methods. It’s also usable as a payment method at an online casino.
Binance is the leading cryptocurrency exchange at this moment. Players use Binance if they want to deposit and play with crypto currencies in an online casino.
Bitandpay is a multi-financial institution providing a straightforward way to deposit and withdraw in online casinos. It’s fast and secure. That’s why players like Bitandpay.
It looks harder than it is to maintain a Bitcoin wallet and make virtual transactions with it. As a Bitcoin user, your personal information is completely safe and private.
Bitcoin Cash is an updated version of Bitcoin. Therefore, it is a cryptocurrency, digital money that circulates on the internet without any interventions or supervision of the regular banking system.
Bizum went live in October 2016 to provide digital banking services to customers in Spain. It can be used by Spanish online casino players for deposits and withdraws.
BLIK, a payment service from Poland created by a group of banks to cater to the needs of casino players in this Eastern European country. It can be used for deposits and withdraws.
Boku Pay by Mobile
Boku Mobile Payment is an ever-expanding payment method focusing on mobile deposits. It can be used in some online casinos for deposits and withdrawals.
The reason why Boleto is so popular in Brasil? You don’t need to have a bank account. A large part of the population In Brazil doesn’t have a bank account.
BPAY is a popular option for online casino enthusiasts in Australia. Players can use it to deposit money in their accounts. It can not be used for withdraws.
Brite is a payment method available in many online casinos. Players like this method to use it to deposit money in their online casino account. Brite can also be used for withdrawals.
Cardano was created by Charles Hoskinson, a man with extensive experience in the cryptocurrency realm. The Cardano coin is accepted by many online casinos.
Cash on Delivery
Cash on Delivery is a payment method available to players from India. They can use it to deposit money in their online casino account. This way they don’t need a bank account.
CASHlib is a convenient banking method for depositing at online casinos. Players like it because it’s very easy to use and also very secure for online payments.
Cash to Code
Cash to Code is a payment method available in several countries across Europe, Africa, Asia, and Oceania. It’s used by online casinos players for deposits.
CoinPayments runs a crypto payment gateway, allowing businesses to pay with various cryptocurrencies seamlessly, also for online gambling.
CoinsPaid enables its users to make online casino deposits and withdrawals in cryptocurrencies and store and exchange them. It’s a fast and secure method.
Colibrix is an all-in-one smart payment solution that simplifies sending and receiving money for online businesses. This includes deposits and withdrawls at online casinos.
ComGate is popular banking option for people from the Czech Republic and allows customers to purchase online. And, they can deposit at online casinos with ComGate.
Coxipay is a large company that provides a wide range of financial services, including a payment gateway. It’s available for online gambling, but only for depositing.
Diners Club is a payment method available to players across the world. We selected the best online casinos that accept this payment method for depositing money.
Directa24 is an online casino payment method available in many established and emerging markets. We selected some great Directa24 accepting online casinos.
Discover is a credit card brand primarily based in the United States. Many Discover card clients use this payment method for online casino transactions, too.
Dogecoin exchanges allow you to swap between different cryptocurrency and accept traditional currencies like USD or Euros, or other major fiat currencies.
One of the popular banking methods that cater to the needs of Asian gamblers is DuitNow. It is widely available in Southeast Asia for deposits and withdrawals.
EasyEFT is a payment gateway that allows South African users to make online payments by using funds stored in their bank accounts. It can also be used for online gambling.
EchelonPay is an ambitious project meant to make payments across South and East Asia easy and secure. It can be used for payments at online casino.
Ecobank is one of the leading banks in Africa, offering a wide range of services ideal for online gambling purposes. It’s safe and easy for deposits and withdrawals.
EcoPayz users need to sign up for a free account and then deposit funds into their electronic wallet. Personal or financial details are never shared between the sites that send/receive payments.
Offering a wide array of online, mobile and point-of-sale payment solutions, Emerchantpay works with different industries, including payments for online gambling.
Entercash allows gamers to make real-time deposits through its robust online payment gateway. It’s easy and fast, so players love this payment method.
Electronic Payment Standard, or simply EPS, is a secure online payment system developed by STUZZA in cooperation with all Austrian banks. Playerslike to use eps-Überweisung.
Ethereum is a product of a Swiss non-profit organization. It grew into a more flexible and more liquid blockchain network than BTC. It functions on a peer-to-peer network.
Euteller is a Finnish-based online payment system launched in the early 2000s. Now, it’s a staple at many online casinos accepting players from Finland.
eZeeWallet is accepted by dozens of online casinos. More and more players use this payment method to deposit money in their casino accounts to play live casino games.
Fast Shift is an Armenian company founded in 2018. Its primary goal is to provide payment and transfer services that are accessible, simple, and secure.
Fastex provides much more than just a cryptocurrency exchange. The company operates a complete web 3.0-driven ecosystem with a diverse product range.
FastPay can be used to pay bills, transfer funds between people, and shop in retail stores and e-commerce sites. Also for deposits and withdrawals at online casinos.
Fintech Cashier was founded in 2010 to provide merchants with an ecosystem where they can combine all payments under one system. It can be used for online gambling.
Flexepin is a pre-paid cash voucher players use to top up existing accounts. We selected some good online casinos that accept payments with Flexepin vouchers.
Flykk is an online payment processor that has been growing in popularity.Players use it for a deposit at an online casino. It’s really fast and easy to use. It’s mobile friendly.
Freecharge is an online payment service exclusively available to customers in India. It’s frequently used for online gambling.by players to deposit in their casino accounts.
Freemarket is a UK-based company aiming to improve the cross-border payment capabilities of the country’s small and medium enterprises. It’s available for online gambling.
Globe Fintech Innovations Inc. launched GCash in 2004. The company is also trading as Mynt, and its main product is a mobile wallet app tailored to meet the needs of Filipinos.
Both merchants and online casinos see Giropay as an efficient e-commerce solution. It is also perfect for customers looking for an online payment method without an intermediary.
Globiance is a financial services group established in 2018. It consists of cryptocurrency exchanges and financial institutions in several countries in Europe, South America, and South-East Asia.
Google Pay, formerly known as Android Pay, is a mobile wallet. There are some online casinos that accept deposits with Google Pay. At this moment you can’t do withdrawals with Google Pay.
GrabPay offers a leading super app that allows you to order food and groceries, send and receive packages, and also deposit and withdraw at online casinos.
GumballPay adheres to the highest international banking standards, ensuring all transactions using its service are safe. Perfect for deposits band withdrawals at online gambling.
HalCash is a banking service from Spain. It facilitates cardless transactions to and from online casinos. It’s fast, easy, and secure. This method is getting more and more popular.
HDFC Bank is India’s largest private sector bank. Lots of Indian casino players use this bank for online deposits and withdrawals for their balance in their accounts.
Help2Pay is a comprehensive payment gateway which offers robust, real-time and market-tuned solutions. Players can use it for deposits at online casinos.
ICICI Bank is a private bank headquartered in Mumbai, Maharashtra. It’s often used bij online gamblers for playing live casino games at their online casino.
IDebit is a secure online banking transfer method that facilitates purchasing in real-time. The service directly connects to your online banking system and is an e-wallet solution.
IMPS, or Immediate Payment Service, is a mobile payment system launched by the NPCI. Indian casino players use IMPS to deposit money in their online casino accounts.
Indian Net Banking
Indian Net Banking is available in almost every bank operating in India. Players can use Indian Net Banking for deposits and withdrawals at an online casino.
INOVAPAY is a new international wallet for secure transfers and payments. In some countries, players can use it for depositing money in their casino accounts.
Inpay was formed in 2008 as an alternative way to carry out international payments. It’s also used by players for deposits and withdrawals at online casinos.
Opening an INSTADEBIT account is easy and fast. You only need a bank account at a major Canadian financial institution. There is no need for providing any personal information to the casino.
Instant EFT is a payment method popular in South Africa. It offers a convenient and secure way to pay from your bank account to an online casino without exposing your details.
Instant banking by Citadel
Instant Banking by Citadel is an intermediary service that works as a direct link between your bank account and the online casino. It enables you to quickly and safely deposit funds.
The one that seems to perfectly suit punters eager to play their favorite live casino games is Interac Online. This online payment solution links your bank account in real-time.
IRIS payments for e-commerce is an alternative solution for electronic payments. In some countries, this payment method can be used for online gambling.
iWallet is a gambling-friendly financial company targeting the Asian market. It allows players from live casinoi games to use it for deposits in their accounts.
JCB, short for Japan Credit Bureau, is one of the largest financial brands in Japan. People can also use it to deposit en withdraw money at an online casino.
Jeton is a financial service provider that allows players to pay using several methods. It’s easy and fast for online casino players. Jeton is becoming more and more popular.
JioMoney is a digital wallet operating exclusively in India. Users can make instant bill payments but they can also use it for deposits at an online casino.
In 2014 a large Klarna Group was born when it merged with Sofort. It’s now one of the most successful European banks that enables payment solutions for more than 80 million consumers.
As a prepaid voucher, Kluwp allows you to deposit with maximum security at online casino. Players love a secure, easy, and quick deposit methods when they start playing.
KwickGo is an e-voucher tied to Mastercard bank cards. As a means of payment, its main advantage for use in online casinos is increased privacy for the players.
As a quick and easy-to-use means of payment, Litecoin is becoming very popular, partly because more and more online casinos are accepting it for different financial transactions.
Luxon Pay is a UK-based payment provider that aloows players to deposit in their accounts in a lot of currencies. The number of casinos accepoting Luxon Pay is growing.
In many countries, Maestro is one of the leading card payment services and the prime debit card brand from MasterCard. It is accepted for online transactions in more than 100 countries.
Mastercard is among the most well-known payment methods. It provides an end-to-end suite of branded cards trying to cover the ever-growing financial needs of their clients.
Mercado Pago is a virtual wallet accepted throughout the Latin American online casino industry. It’s fast and secure and players love this payment method.
MiFinity is offering digital financial services via a superb, and regulated platform built on cutting-edge technology. All this makes the company fully reliable and trustworthy.
Mobikwik is an Indian fintech company and one of the largest mobile wallets in the country. Many players use Mobikwik for deposits at an online casino.
MobilePay is a mobile payment application prevalent in Denmark and Finland. The payment method can be used for deposits and withdrawals at online casinos.
Monero is a rising star in the cryptocurrency world. This cryptocurrency is used more and more by players at online casinos for deposits for online gambling.
Monnet was established in 2020 and got its start in Peru, Chile, and Ecuador and quickly expanded into other Latin American countries for online casino payments.
MuchBetter is an online payment service offering a mobile-based e-wallet featuring the lowest fees and real-time transactions. The service is free to sign up and is available globally.
MultiBanco has been the number one local payment platform for over thirty-five years in Portugal. The payment method can be used for deposits and withdrawals at online casinos.
Neteller’s pay online service allows instant payments to thousands of websites, while money transfer enables fast money transactions worldwide.
Neosurf is one of those innovative online payment solutions (pre-pay voucher), ideal for people who are most concerned about revealing their digital footprint.
Nexi has become a popular deposit and withdrawal method for Italian online gamblers. It’s a fast and secure payment method, accepted by several Italian online casinos.
Noda is an open banking system that facilitates easy and fast payments and deposits at online casinos, and more and more players accept it all over Europe.
Nordea is a leading financial service provider in the Nordic and Baltic regions and one of Europe’s biggest banks. The registration is quick and easy. They have an App.
NowPayments was founded in 2019 by the team behind ChangeNOW. The company was established to simplify accepting crypto payments on gambling websites.
Nuvei is a fintech company that offers its customers a wide range of payment solutions. The company has offices around the globe. It’s popular for online gambling
OlaMoney is one of the most popular e-wallets in India, used by players for online depositing at their favorite online casino so they can play live casino games.
The company is one of the oldest payment gateways in the business, established all the way back in 2007. Online IPS is headquartered in Florida.
OP-Pohjola is one of the largest financial companies in Finland. Their online banking solutions are among the most popular digital payment methods in Finland.
Oriental Wallet is an e-wallet primarily targeting players in Japan, although its services are available across Asian markets. Players like this secure payment method.
One of the most popular payment methods in Mexico is a prepaid voucher Oxxo for offline cash payments. This method is widely used in the country for offline and online shopping
Pago Efectivo is a payment method that is very popular among online casinos and players in Peru. It can be used for deposits and withdrawals from your account.
Pagsmile is a payment gateway established in 2012. The service is massive, processing over 50 million orders and trading over 800 million USD monthly.
PassNGo with your Visa Card
This prepaid card functions similarly to a regular Visa card. There are online casinos that except the payments with this card.
Pay4Fun is an online payment gateway. Casino players in Latam use this method to deposit at an online casino. We selected some online casinos that accept Pay4Fun.
Today, Payabl’s online payment gateway is just part of its business. It also provides POS terminals for in-person payments and prepaid cards for gambling.
Payaza is used by online and offline businesses to process transactions across Africa, and its service also includes deposits and withdrawals for online gambling.
Founded in 2021, Paybrokers was built from the ground up to make international payments for Brazillians seamless. Also very reliable for online gambling.
PayCash is one of the largest financial companies in LatAm, processing millions of monthly transactions across its platforms, including online gambling.
Paycos is an online payment service aiming to deliver instant payments to individuals. The Cyprus-based company prioritises convenience and security.
Payeer supports a wide range of popular cryptocurrencies and fiat currencies. This payment method can be used for deposits and withdrawals at online casinos.
PayHound aims to make transacting with crypto as secure, easy, and transparent as with fiat currencies. It can be used for depositing crypto for online gambling.
PayID is a direct bank service that allows users to make lightning-fast online casino deposits straight from their bank accounts. It’s easy to use and very secure.
Paymix is a Malta-based company overseen by the Malta Financial Services Authority. The company is responsible for several financial services. It can be used for online gambling.
Paynovate provides digital payment solutions for businesses across the EEA. The payment method can be used for deposits and withdrawals at online casinos.
PayOp is an international payment processor that was founded in 2016. The business is registered in Singapore, but its services are available globally. More and more people use it for online gambling.
PayPal is one of the world’s leading online payment systems, with over 325 million accounts worldwide. This open payments platform offers its services to more than 200 markets around the world.
Payper tries to accommodate merchants and customers, constantly improving the payment experience to make it as flawless as possible. Even for deposits at online casinos.
Thanks to Payretailers, players can use their local banking options and currencies while still enjoying the thrills of online casinos. It’s easy and fast for online payments.
With over twenty years of experience, Paysafe is one of the largest and most flexible online payment companies. They deliver high-quality payment services.
Paysafecards can be bought in thousands of shops worldwide. To find the nearest one, you can use the built-in search engine on the official website. The voucher values vary from £10 to £100.
Payset is a leading online payments platform based in London. Established in 2018, the service provides diverse and easy-to-use payment solutions.
Paytm Wallet is one of the most popular payment methods in India. It’s an easy and reliable method for depositing money in your online casino account.
Paytra is a payment method primarily used in Japan and India. It allows online gamers to manage deposits and withdrawals at an online casino.
PayTrust88 is fast, secure and easy to use. It provides an API to online casinos that lets their customers make transactions so they can play their favorite live casino games.
Perfect Money is a leading financial service allowing the users to make instant payments and to make money transfers to online casinos so they can play their favorite games.
PhonePe is a digital mobile wallet that is seeing widespread use in India. The payment method is also excellent for deposits and withdrawals at online casinos.
Piastrix is an e-wallet service based in Russia. Russian players primarily use it to deposit in online casinos. We selected the best casinos that accept Piastrix.
PicPay is one of the leading digital wallet services available in Brazil. A lot of players use this payment method for deposits and withdrawals at an online casino.
Pix is an easy-to-use and affordable Brazilian instant payment method. It enables customers to send and receive money in a matter of seconds. Online casinos accept Pix deposits.
POLi Payments enables consumers to pay easily online, direct from their internet banking accounts and provides access from all major banks. Popular with Australian players.
PostePay is a reloadable prepaid card service run by Poste Italiane in Italy. The card can be used by Italian players for deposits at their favorite online casino.
PremierPay is a Canadian payment processor based out of Toronto. The company offers a payment gateway for players at an online casino so they can deposit money.
PugglePay is a payment method based in Sweden. It’s fast and reliable. Lots of Swedish players use this payment method for deposits and withdrawals at online casinos.
PurplePay is a quick and easy way to deposit to your gaming account. This is a single-use voucher bought by a card, with no need to register beforehand.
Qiwi Wallet provides payment services that allow users to pay for a plethora of services and goods instantly. It enables users to make transactions to and from many different e-wallets.
QR Code Payment
QR code payment is a contactless mobile payment method. The payment is made by scanning the code from a mobile phone. To be able to scan the code, you need to have a smartphone.
Quickbit is a Swedish fintech company established to promote everyday cryptocurrency use. You can use it to deposit crypto to casinos. It can also be used for withdrawals.
This instant payment service has been accepted by 170 banks worldwide. It allows you to deposit money into your Skrill eWallet, or make direct purchases online.
Redcompra is a banking option, available in Chile. It is a prepaid or debit card that can be used with other services like WebPay Plus and Transbank to deposit at online casinos.
Ripple, or XRP, is a cryptocurrency that focuses on fast and easy transactions. Lots of online casinos accept ripple as a payment option. It’s popular amongst young players.
RuPay is primarily available in India and offers an international card made in collaboration with JCB. People use it also for online gambling, to deposit and withdraw money.
Safecharge is a payment processing platform that supports international and local payment methods. Also available for deposits and withdrawals at online gambling.
Samsung Pay is a mobile wallet unique to newer Samsung phones. Worldwide more and more players use it at casinos for a deposit in their account.
Siirto payments can be used for many purposes. One of these purposes is online gambling. It can be used to deposit money in your online casino account.
Siru Mobile is a very easy way to pay with your mobile phone. Some online casinos accept this payment method for depositing at your online casino account.
Skrill is best know as an innovative eWallet that enables quick and secure online transfers. Millions use this digital wallet, and more than 100 brands have partnered with the company.
Sofort is a direct online payment system allowing you to pay using your online banking credentials. It’s not only fast, as you are using a familiar online banking environment, but it is also secure.
The Stellar project is run by the Stellar Development Foundation and it uses the same blockchain technology as Bitcoin and other cryptocurrencies.
SticPay is an e-wallet service increasingly popular among casino members. Part of why it is so widespread is the convenience this service offers. It’s easy to use.
Teleingreso is a payment solution that was introduced in 2008. It supports a wide range of crypto that can be used as a deposit for online gambling.
What is truly significant and groundbreaking about Tether is that it is 100% backed by real assets in the Tether deposits. One Tether is equal to a currency unit selected.
The Kingdom Bank
If you are looking for a crypto-friendly bank with outstanding cross-border payments, then The Kingdom Bank will be right up your street. Use it for online gambling.
Technically speaking, Tiger Pay is available worldwide, as it can make online casino depositing and withdrawing with cryptocurrencies accessible and easy.
This payment method allows its users to carry out financial transactions through a secure ecosystem. You can store the money, make payments, and send cash instantly using the dedicated app.
Touch 'n Go
Touch ‘n Go is a popular e-wallet from Malaysia, used by more than 17 million customers in this Southeast Asian country. It can also be used for online gambling.
This is a quick and convenient online payment method that best suits the LATAM countries’ consumers, most specifically Brazil, Mexico, Peru, Argentina, and Uruguay.
Tron is a cryptocurrency dedicated to accelerating the decentralization of the internet. It’s accepted at online casinos as a payment method for online gambling.
Truelayer is a fintech company that offers its services across various industries, including online gambling. It can be used for deposits and withdrawals at online casinos.
TrueMoney Wallet is a digital payment platform available to customers in Thailand, Cambodia, Vietnam, Indonesia, Myanmar, and the Philippines. It’s also used for online gambling.
Trustly is an online banking payment method that allows customers to make payments and receive money directly from their bank accounts, with no extra cards, apps, or registration required.
Unlimint is a payment service provider that caters to the needs of online casinos and gambling platforms all over the world. It’s fast and secure, that’s what players want.
UPayCard eWallet is free and allows you to instantly send and receive money between any UPayCard account anywhere in the world. It is available in more than 20 currencies.
UPI, short for Unified Payments Interface, is India’s solution for providing mobile payments to customers. It’s very popular with Inian Online Casino players.
Although Vega Wallet is a less common option compared to other payment methods, it still deserves the attention of online gamblers. It could be popular.
Venus Point is a preferred eWallet in Asia as it is very flexible and offers attractive financial incentives, such as collecting points. They can then use these points to make other purchases.
One of Finland’s most popular alternative payment methods is the so-called ‘Verkkopankki,’ which, translated from Finnish, means online banking or online bank transfer system.
Online casino Players who opt for VIP Payments can make payments in over 35 currencies, including euros, pounds, Canadian dollars, and more.
Visa is a world’s leading financial service that facilitates electronic payments through its credit, debit, business, and prepaid cards. It processes almost 200 billion transactions every year!
Viva Payments is the company behind Viva Wallet. The Wallet can be used in some countries by players to deposit money in their online casino accounts.
WalaoPay is a payment method rising in popularity across South East Asia. Players use it for deposits and withdrawals at their favorite online casino that accepts WalaoPay.
WebMoney is an online payment solution that allows registered users to send and receive transactions from and to other WebMoney users and online merchants.
Whatsapp Pay is open in Brazil. The Central Bank of Brazil has green-lighted WhatsApp Pay nine months after suspending the service. It’s only a matter of time that casinos will accept it.
WlandPay or Wonderlandpay is a payment method primarily present in Asian online casinos. We selected some good online casinos that accept WlandPay.
Worldline is a French company founded in 1973. It is a giant in the payments industry and employs over 18,000 people across the globe. The payment method can be used for online gambling.
Xace offers a wide range of payment services, allowing online gamblers to use it as a means of depositing and withdrawing money at online casinos.
Yandex.Money (Яндекс.Деньги) is Russia’s most prominent online payment service, used by millions of Russians daily. The company offers its services to both individual customers and enterprises.
Yes Bank offers online casino palyers the ability to easily and quickly make online casino deposits and withdrawals. The easier the payments are, the more players like it.
Zimpler is an online mobile wallet and an all-in-one online payment solution. It takes care of user verification and authentication on behalf of the merchant and different process transactions.
Online and mobile banking, eWallets, prepaid cards, loyalty cards, QR codes, all sorts of localized banking options, Zotapay supports the vast majority of them.
Choosing the Right Payment Method
So, how to know which banking method would be perfect for transferring money to and from your casino balance? First, by familiarizing yourself with all the options in the market!
One of the “oldest” and most frequently seen payment methods is direct bank transfer, which works almost anywhere globally. Yes, a bank transfer is a payment solution you can bank on.
Among these so-called legacy payment methods are also various credit and debit cards. Nearly everyone in the world has at least one card in the wallet. Both physical or virtual, credit & debit cards have managed to reach widespread adoption among players and online casino providers.
Since they are issued by reputable banks, bringing a high level of trust, people tend to use them regularly in their everyday life. Furthermore, everyone knows how to pay with a card! The most popular brands are Visa, Mastercard, American Express (Amex), Maestro, etc.
However, credit cards are not the right solution for those who are not well-versed with controlling their spending. Hence, we recommend debit cards for gambling purposes as you can only spend the amount you have on the card. And one more thing, cards usually go hand in hand with some “unpleasant” fees!
Safe and Secure Payment Methods
With cybercrime and fraudulent activities on the rise, many fear that their personal and banking data may be corrupted and misused. As a result, new alternative payment methods have been devised, harnessing the cutting-edge technology to enable cost-effective and seamless payment experience featuring the highest security levels.
One of the examples of such groundbreaking solutions are eWallets. As more and more people are on a constant lookout for the easiest and safest way to make online payments, it’s no surprise that eWallets gain lots of popularity fast.
The iGaming industry is one of the examples of how fast these alterative payment options were accepted. Punters from all over the world choose eWallets as their preferred payment method.
First, depositing and cashing out with eWallets is quick and easy, and more importantly, it is safe as many of them act as a middleman between the merchant and your bank. In other words, when paying with eWallet, you don’t need to disclose any sensitive data to the third party involved.
Digital wallets apply top-notch security measures, including device pairing, one-time security codes, biometric authentication, etc. You can even consider them as gatekeepers between your bank account and a payee.
Secondly, the fees incurred when making online transactions with these digital wallets are much lower or even symbolic. Some of the widely known eWallets are Paypal, Skrill, Neteller, etc.
Among these innovative solutions are crypto casinos as well. If someone had told you some 20 years ago that you would be paying with money that doesn’t exist in a shape or form of usual currencies, you wouldn’t have believed, admit it.
Well, since 2008, when blockchain technology was invented, and the first public Bitcoin ledgers were mentioned, cryptocurrencies are thriving. Many new “coins” have entered onto the stage and won the hearts of punters thanks to full anonymity, swift transactions, and lack of fees. The most famous is the Bitcoin, but there are also Litecoin, Tether, and many more. As their popularity grows, the number of online casinos accepting them as a legit payment method grows too.
Many different options
However, besides these high-tech, advanced methods, there are many countries in the world where the economy and financial sectors are still not well developed. The majority of people living there still prefer cash payments or some localized solutions such as prepaid cards and vouchers they use to pay bills, buy groceries, and even gamble online!
With so many different options, specific payment processing gateways have emerged, aiming to support online casinos implement the majority of these methods with a single integration. In this way, they could be providing a vast array of banking methods and opening up their online gaming venues to people from around the globe! From a traditional wire transfer, credit & debit cards, eWallets, QR codes, digital gateways, to prepaid cards and vouchers funded by cash, they would be able to offer all of them.
Online casino providers could expand the clients’ base by enabling eager players from across the globe to experience some online gambling fun while safely paying with a familiar local method. Even if it means they’ll have to run to the convenience store a few times to buy a new voucher or top-up the existing one with some additional cash!
Important Things to Keep in Mind
Furthermore, here are a few more essential things you need to assess before finally picking your perfect solution:
- Is this payment method available in your favorite casino and the country of residence?
- Can you both deposit and withdraw the money with this method?
- Does this method include fees, and if yes, are they significant or symbolic?
- How long does the deposit and withdrawal last? In other words, how long do you need to wait to start playing or cashing out the winnings?
- Is it safe, and do you need to disclose sensitive personal and banking data?
So, how to know which banking method from a myriad mentioned is the one for you? Live Casino’s team of experts is here to help!
Our experienced team of professionals has checked everything for you. We bring you our honest and unbiased reviews of all the most popular banking methods offered at online casinos today.