We have reviewed and tested some of the biggest contenders out there to allow you to make an easy decision for what to select when making that first deposit into your casino-a successful one!
Payment Method Options
There are many that you can select from, to accommodate your gaming experience on the best online casinos. However the choice you make will also depend on where you are in the world. Making the best choice for you should depend on a variety of factors, such as any associated fees, international compatibility, in addition to being able to flawlessly use them on mobile casino sites too! We thought to list the options that you have, alongside their uses, advantages and possible downfalls.
Bank Transfers
This is the oldest method for players who want to make a deposit. Banking methods that operate directly from the bank are seen as highly trustworthy, due to the levels of bank clearance that occur prior to the transfers being made. If there is anything that doesn’t meet certain standards, the bank transfer would be cancelled and players would be safe. The only issue with this method is the time it takes to receive an online casino payment first deposit. Due to the security that takes process, it can take up to 3 days depending on the bank involved and location around the world!
Debit Card/MasterCard/Prepaid Card
This option works in the same manner as credit cards used to i.e. you will enter your card numbers etc upon payment, however unlike credit cards, you can only deposit with the money that is readily available within your account. Yet regardless they are still a very popular choice of payment options, due to the versatility and flexibility that card payments provide to players. It makes it highly easy for players to deposit and instantly play, as payments are pretty much instant!
American Express
Although this is one of the USA’s top payment services, it is a highly popular casinos payment option worldwide. Current usage of this method worldwide is around 112 million people! It is said that for casinos that operate on a large international basis, for players that wish to use American Express, there can be additional casino bonus pick me ups available. Therefore this is definitely a payment method that is worth looking into for future playing reference.
PayPal
In the world of electronic payments, PayPal is the biggest candidate of them all. Due to its high level of security and currency availability, paying by PayPal gives players a larger access to casinos from all over the world. In addition to this, the level of security it provides means you can retrieve your payments back if anything went wrong and the casino wasn’t as transparent as you would have liked. NetEnt game heavy casinos also practice extra bonus opportunities for players, meaning you can have access to more within your casinos that are compatible with PayPal.
Neteller
Neteller is another huge option for players within the casino market. Believe it or not, the majority of Neteller users do in fact take interest within online gambling using Neteller. It was originally mainly used for classical casino gaming like poker. The reason why Neteller is perfect in conjunction with your online gambling, is because it is highly trusted and people everywhere know of its high popularity for online casino account deposits. Payments are very much instant and usually are at no extra costs. However this is subject to the casino that you play with!
Pay by Phone Bill
This method is a new popular version within the casino industry. It allows players to make a deposit using an SMS code into the casino of choice, that gets sent by the casino to your mobile phone. You will find that it doesn’t require instant payment and player can pay at the end of the month when their monthly payment bill comes through the post! This is a highly secure option, yet the only negative is that there is a £30 limit per deposit and you cannot withdraw from it, only deposit.
Boku
Another take on the pay by phone bill payment methods, Boku casinos operate through a very simple and non complicated process. You simply enter your phone number and the activation of your deposit will begin via SMS and phone bill operation. It is a very simple payment methods process. However the £30 daily limit can be of an inconvenience to some people who play with large bankrolls on a casino.
Skrill
This payment method brand, was also known as Moneybookers back in the day. You will find that this has great interest and use (like that of Neteller) for online payment method ventures. You remain anonymous too within all your payment procedures. In addition to this you can open a debit card with Skrill to withdraw and deposit using that solely.
Bitcoin
Many people invest and use the bitcoin system within their everyday lives and therefore playing your everyday casino games should should be no different. Some casinos will allow players to deposit real money from their Bitcoin accounts and make a payment on the online casino. A good bitcoin casino is highly efficient and quick and definitely worth it, if you love to use this form of real money currency!
Online Casinos Payment Method
Moving your money through online casinos, doesn’t need to be complicated at all. Knowing that all the casinos that we recommend provide a selection or all of these online casino payment method systems, means that you can very much be in full control of your money when you online gamble.
Having a fast withdrawal system is important, as we know that nobody likes to wait for their deposits and withdrawals beyond a few hours. Instant play is important and having that option where you can opt for fast and smart payments within your online casino, will definitely make your gaming run even more seamlessly. Most of these payments run within a 24 hour maximum period, but the bank transfer is the exception and players will need to consider this within their routines and playing schedules. Players still opt for bank transfers due to the high level of security that comes along with it.
Frequently Asked Questions
What is the most important aspect about selecting your payment methods of choice?
When you make your choice, you need to make sure the payment method is trusted by yourself when you make the ingoing and outgoing payments from the online casino themselves. By choosing from the ones we have briefed above, know that they are completely safe and have been licensed approve by the gambling bodies that run online casinos.
Other aspects to consider is the speed of transactions with the method of choice. Many electronic payments are highly speedy and will be completed within an instant. However there are more traditional methods that get used frequently such as the bank transfers and these do take longer, however are highly worth it due to the extra security clearance that they give to players. Banks can stop transactions if they do not go through the security clearing procedures, so essentially it is an extra level of security for you.
Which payment method is the most secure to use?
We would suggest for deposits only, to definitely try out the pay by phone options such as Boku and Pay by Phone casinos. These are highly secure as the payments done so directly through mobile and SMS messaging, make this a two factor authorisation and nobody can access your account but yourself through mobile controlled payments. Anything that is two-factor authorisation is immediately considered as highly secure and worth your while of using.
Other similar methods to use, include the Apple pay wallet function, that allows players to direct their payments via credit card and debit card, however the payment will need to be authorised via a facial recognition scan or passcode.
Which is the fastest to use?
In terms of speed and fast payment to and from your online casino account, we suggest E-wallets, as they remain one of the fasted form of payment. The electronic online payment means that any transaction you issue will be immediately received, meaning you can play pretty much instantly or receive your winnings quite fast too! Also, the payments directed through E-wallet allow players to request refunds if there was a breach of security or any fraudulent activity. Most E-wallet companies will look into the matter for you and search for a fast solution and retrieval of your real money!
Should I use and E-wallet over a debit card and credit card?
This entirely depends on what you prefer as a player. Both methods come with qualities that are worth your while. Some players don’t like the idea of sharing their personal banking details online and therefore appreciate the use of an electronic payment system. Others like to use their banking cards such as a credit card as you can borrow an arranged amount of money from your card and bank, so it essentially can expand your horizons a little with what you are able to play with on online casino games. Debit cards are always on hand nowadays too and can be incorporated into Apple pay systems which offer two factor authorisation too for extra security!
What can I do if I cannot deposit and encounter any issues in the process of payment?
We would suggest that you go directly to the customer care of the online casino themselves as there is a certain procedure that will be followed through by a casino agents to address your situation on your casino account. Other things you can do is, address the payment method online customer care too, to see if the issue begins from their end. E-wallet banking have very good ways of going about any issues that may arise for yourself.
How will be withdrawals of winnings be addressed by the online casinos account?
You usually request a withdrawal, which gets immediately looked into by the site agents. Then usually the first initial method of payment used to deposit will be used, unless it isn’t compatible with withdrawals e.g. Boku. If you wish to use an alternative method, make sure to ask the casino site agents to set up another payment method within your online account. They will usually allow you to add more i.e. debit cards and E-wallets etc.