Meta: Here are three of the most convenient online payment methods commonly used by players to deposit and withdraw at online casinos.
Before players sign up to an online casino to play their favourite games, they often check to see if their preferred online payment method is accepted.
Here are three of the most convenient, secure, reliable, and user-friendly online payment methods commonly used by online casino players across the globe.
What are the most popular ways to deposit and withdraw at online casinos?
Today, there are hundreds of different online payment processing gateways to choose from. These regulated fintech companies facilitate payments between customers and online merchants selling goods and services. While some bonuses enable people to play without depositing funds, other high-value casino bonus offers, so there is often plenty of motivation to find the right payment method before beginning playing.
The most popular ways to deposit at online casinos today are the following tried and tested methods:
- eWallets – also sometimes referred to as digital wallets, electronic wallets or web wallets
- Credit and debit cards
- Prepaid cards – also called prepaid vouchers or prepaid gift cards
- Instant/direct bank transfers
- Mobile payment methods – some of which require only a mobile number as a reference to complete the transaction
A growing number of trusted online casino operators have also recently started accepting one or more cryptocurrencies as a viable payment solution.
You can also find a handful of famous land-based casinos that have online versions of their casino. Some of these venues (normally in the US) allow you to ‘Pay at Cage,’ meaning you can walk into the casino to top up your online account.
A handful of online casinos also still accept cash by courier/Western Union, physical bank cheques or eCheques, but these are the least popular and less commonly accepted online payment methods.
What are the three most popular eWallets players prefer using?
Over the past ten years, eWallets have become the preferred online payment solution for millions of players worldwide. PayPal is by far the most popular of all eWallets used by online casino players today, but not all online casinos accept PayPal.
Where PayPal isn’t accepted, another leading eWallet called Skrill is a great alternative. Both eWallets work in the same way and are a great way for players to top up their accounts instantly. And then cash out their winnings when the time comes.
Other reliable eWallets that are also now commonly accepted at the cashier/banking section of online casinos are Payz (formerly ecoPayz), Neteller, eZeeWallet, Jeton, and Web Money, to name a few.
The three best eWallets for making payments and receiving money are:
Can all online payment methods be used for deposits and withdrawals?
No. Not all online payment methods can be used for deposits and withdrawals. However, you will find that most payment methods today CAN be used for depositing and withdrawing.
For example, mobile payment methods like Boku and CASHlib can only be used for deposits. Similarly, prepaid cards like Paysafecard, AstroPay, CashtoCode, Flexepin, MST Gift Card, EcoVoucher, Revolut, OTT Voucher, and Flexepin can also only be used for deposits.
Most players like to use payment methods that process deposits and withdrawals. However, if you ever encounter any issues with your preferred payment method. And can’t seem to top up your account, then you may like to use one of these alternative deposit methods so you can continue playing your favourite games.
Before depositing at an online casino, you should always work out how much disposable cash you can afford to lose. And then you can set a reasonable budget based on that figure.
To prevent you from overspending, you can use any of the safer gambling tools the casino may have. For example, many of the world’s best online casinos allow you to set win/loss, spending, session time, and deposit limits.
The other thing to remember is that gambling isn’t a job. Players should only ever treat gambling in the real money mode as a fun way to pass the time.