Top 11 Casino Payment Methods Explained 2021
Online casinos are taking many different payment methods, but not all casinos allow you to withdraw money in the same way you deposited. Finding out how to get your money in your account and how to withdraw it is very essential, because sometimes players may need to use a couple of different financial methods to deposit and withdraw. In this article we elaborate on the best options available for making online payments, for a safe transfer of funds, and for enjoyable online gaming.
Popular Payment Options To Use In Online Casinos
Every online casino site offers a variety of banking methods, some more than others. Also, each deposit method is secure in its way, with some being faster or simpler to use than others. In the end, which payment option you use depends on personal preferences. Some prefer credit cards, others want to use an e-wallet or cryptocurrency.
What matters the most are the options that online casinos give to players. With so many online payment methods available, transferring money and playing casino games is simple and easy. If you want quick withdrawals, make sure you go for online gambling sites that offer the fastest withdrawal times.
An important thing to know is that the number of payment methods available to you largely depends on your country of residence. Some payment methods are not available in specific countries, so you should check everything first before making a deposit or withdrawal to your online casino account.
Here are the types of online casino payment methods to choose from:
- Credit Cards, Debit Cards and Prepaid Cards - Popular cards such as Visa, MasterCard, Diners Club, Maestro and Visa Electron are very popular options for funding online casino accounts. When it comes to prepaid cards, Paysafe, Entropay, and AMEX American Express are all fast and reliable options;
- E-wallets are popular methods because you can easily keep track of all your financial transactions, which are done almost instantly. Top E-wallets include Skrill, PayPal, Neteller, EcoPayz, and InstaDebit;
- Nowadays you can also fund your casino account with Cryptocurrencies such as Bitcoin and Ethereum. Not many casinos accept cryptocurrencies, but their number is increasing and these two are becoming widely accepted;
- Bank transfer - Players can choose between several options such as Wire Transfer, Check, Instadebit, iDeal, Cheque, and Citadel to fund their accounts;
- You may have heard of other payment options that online casinos offer to players, such as Trustly, Sofort, iDebit, Giropay, or Qiwi. The main purpose of these methods is to help casino players in specific countries, where financial institutions are strict or rare to use for making online deposits and withdrawals in casinos.
Top Online Payment Methods For Casino Explained
You have a wide variety of online casino payment options to use today. The following are some largely popular ones that gamblers use to deposit and/or withdraw for playing their favourite casino games:
If you search for an online casino that offers simple, easy, and quick real money deposits and withdrawals, then look for a PayPal casino. This is one of the most popular e-wallets in the world, but the downside is that it is not available in some countries like the United States, Canada, or Australia.
Anyhow, PayPal is free and safe to use for gambling at online casinos. You can fund your PayPal account through bank transfer, debit credit card, and then deposit in online casinos to play.
Keep in mind that PayPal does not work for Canadians. It can be used for sending and receiving money and paying bills, but it is not available for funding and withdrawing online casinos accounts. PayPal still operates in the grey area, but it is expected to be fully legalized in the near future.
Other extra popular e-wallets like Paypal, Skrill and Netteler, are not available to Canadians for the same reasons, because they are in the same group as Paypal. Payments are allowed, just not at online casinos, although many are still finding a way to do it.
Online Casinos That Accept PayPal:
Electronic checks are one of the older methods for online payment and are still popular today. eCheck casino payments have low processing fees, which makes them attractive for casino players.
eChecks allow gamblers to deposit and withdraw into casinos accounts without sharing their sensitive bank details.
The main benefits of this method are that it is easy to use both on mobile and desktop, it is secure, it comes without fees, and you can play only with money you already have.
Interac Casinos are associated with Canada because Interac is the largest debit card network in Canada. That is why this method is highly popular with Canadian players. It is also a very safe, reliable, and trustworthy method.
With this option, players can transfer money between the accounts in banks and online casinos, without providing their personal or financial data to anyone. Interac is similar to debit cards and is a widely accepted payment option in online casinos.
Online Casinos That Accept Interac:
With the Instadebit method, players can directly access their accounts in their local banks and start making payments from them. Just sign up for the service and enter your information regarding your bank account number and other essential things. This method is safe because it has an extra layer of security before making payments.
Instadebit casinos are hugely popular in Canada, but it is starting to spread globally. That is because it offers strong security, low fees, and instant deposits and withdrawals. With Instadebit you can easily keep track of banking operations without revealing much of your personal information.
That is because Instadebit uses some very advanced encryption systems. That increases online privacy and security, which is something every casino player wants.
Online Casinos That Accept Instadebit:
Did you know that Neteller is owned by Paysafe Group, which is the company that also owns Skrill and PaySafeCard - another two very popular eWallets? Neteller is not a financial institution that lends money to clients. It is a payment method that keeps funds of customers in separate accounts from their cash used for daily operations. Nowadays, Neteller Casinos are popular among players.
Online Casinos that Accept Neteller:
Visa Online Casinos
Visa is the most popular method of payment in the world, both online and offline. Visa offers top security and high-quality customer support, numerous cashback rewards, and other incentives. All major online casinos accept Visa as a form of payment. Some Visa online casinos even offer a pretty large casino bonus for making first deposits. This method is fast, safe, and very easy to use.
Online Casinos That Accept Visa:
Online Casinos With the Best Deposit Options
Being able to make quick, safe, and easy deposits in online casinos is what all types of gamers search for. There are a multitude of banking methods in the online casinos, some are only available for deposits, while others allow withdrawals only to the same method players used for making the deposit.
The top deposit methods are those that allow quick financial transactions and instant deposits. Most online players use eWallets for making deposits because these methods are by far the fastest options, give players a good overview of their funds, and all transactions go smoothly and safely.
Of course, a large number of players still make card payments, so card payments are also a popular deposit method. They are also quick and safe, and banking institutions make them with strong protection, so players will have no problems using them for making online payments.
Anyhow, always choose casinos that offer a variety of choices to players, so in case one method does not work, there will be another great alternative to use. That will give you peace of mind that you can always safely deposit and withdraw without any problems or delays.
Check out our list of Best Deposit Casinos:
Two Welcome Offers
1000 Free Spins
Huge Amount of Free Spins
Bitcoin Payment Option
Bitcoin Payment Option
Live Casino & Lotto Betting
Extensive VIP Program
Unique Loyalty and Reward Program
Important things to check before depositing at online casinos
The essential thing to check before using a payment method in an online casino is whether that online casino payment method is secure and trusted. This means choosing popular payment methods that are approved by a reputable authority, and that are safe and easy to use to deposit funds and withdraw money.
What you need to ensure before using any deposit methods is whether that particular method protects your personal details and financial information. Your debit card details, your bank card, e-wallet option, and all other banking options must offer a secure process of banking, without any compromise.
We advise you to use the most popular payment methods to avoid a bad experience, identity theft, or fraud.
Which online casinos payment method is the quickest?
E-wallets are the most popular method and fastest payment option at many casino operators. E-wallets are designed for making instant deposits and withdrawals into your online account, so they are fully optimized for quick and easy payments.
Credit and debit cards are other payment methods that offer the speediest banking processes, but that depends on your service provider.
When it comes to choosing between e-wallets and credit cards or cryptocurrencies, it all comes down to personal choice and preferences. Casino players that do not want to share their personal information at online gambling and betting sites find e-wallets to be a great option.
However, some players prefer credit cards and debit cards as their primary payment options, because they are familiar with them and mostly use them for making payments online.
A thing to keep in mind is that you do not have to have a debit card to play online. You can enjoy casino play by making payments through alternative deposit methods, such as prepaid cards, bank wire transfer, and others.
Top features of casino payment methods
All online gamblers know the importance of being able to deposit and withdraw their money safely, quickly, and easily. These three features are of utmost importance when transferring money to and from your casino account.
The best online casinos offer plenty of different deposit and withdrawal methods. Sometimes it can be challenging for players to find the right payment method, but a little research and comparing terms and conditions can help.
Regardless of whether you want to use cryptocurrencies, bank wire transfers, instant bank transfers, prepaid cards, a credit or debit card, or an e-wallet, the most important thing is your real money transfer to be safe, secure, and to go quickly and easily.
Casino reviews only briefly explain the online casino payment options, and here you will find more detailed information worth knowing before depositing into your casino accounts.
Receiving winnings into a bank account
Casino winnings made by playing casino games are usually paid back into the same method used for making online casino deposits.
However, many online casinos instruct players to use an alternative method for casino withdrawal if they previously made a credit card deposit.
With debit, prepaid cards or e-wallet, players can quickly pull their funds from their online accounts directly to their accounts in their banks, which is why these methods are very popular today.
What makes the best banking options great
The best banking options stand out with their high-quality features. Casino players want methods that guarantee maximum security in their financial transactions, data protection, and fast deposits and withdrawals.
All recommended banking options are safe, simple, and fast! There are no complex steps to follow, paperwork to fill in, or any hassle when depositing into casino accounts. Use the best banking options at recommended casinos and enjoy playing!
Choosing the best deposit method
The fact is that there are dozens of great deposit methods out there, all secure and unique in their own way. Some are faster and easier to use than others, so it all comes down to what you prefer using. Some like to use eWallets like Skrill, Neteller, and PayPal, while others want to use a credit, debit, or prepaid card.
The exact deposit matter does not matter much, but what matters is the variety of options. With so many of them available to players, transfers are quick and easy for all online gamblers.
What are the best online casino deposit methods?
Most eWallets are the best deposit methods to use because most casinos online allow instant funding and withdrawals from accounts. After eWallets, debit and credit cards are the next best deposit methods.
Which one of these financial methods is the safest?
All financial methods mentioned here are considered safe and secure to use. They all protect players' privacy and enable secure transactions, as they use 128-bit SSL encryption and have their own fraud protection teams.
How long does it take an online casino to process my deposit?
Almost all methods allow instant deposits to your casino account. Very rarely, some deposits may take up to a day to get processed.
Do you recommend eWallets over Credit Cards?
Whether you use an e-Wallet or credit card is up to personal choice. Most players use eWallets because they are very convenient and safe, but there are also many players who use safe credit cards. We recommend using them both, whichever you prefer more.