Types of Online Payment Methods to Use in Casinos
Our experts have compiled the best online casino payment methods for your deposits and withdrawals. The number of options can sometimes be overwhelming, so we have reviewed all of the available online gambling payment options and selected the best to help you find the one which suits your needs.
Safe and Secure Online Casino Payment Providers
The main reason why online casinos are so popular is their availability. Namely, you can play anytime, anywhere, without having to leave your home and waste more time till you get to the land-based casino or sports betting chain. You can experience the same (and even better) thrill of the games by playing safely online.
Now the big question arises. How to play safely and know that all your money is secure?
The first thing to do is choose a reputable and secure online casino. Make sure you check out the site thoroughly before you start playing. You can also read casino reviews and find the information on security measures that the casino is using.
Although the casino platform may be secure, we also suggest that you use a trusted payment method. You should keep an eye for the established names.
Read on to get familiar with the types of online casino payment methods and their importance, so the next time you want to play a game or two, you'd be ready.
Once you know your options, it will undoubtedly be easier to make the right choice for you and your needs. You simply can’t have fun and enjoy the thrill of the games these casinos offer if you are not sure that you aren’t being scammed. That is how important the deposit and withdrawal methods are. It is high time we look through the online casino payment methods. Information means protection in this case, so let’s dive in.
Types of Casino Deposit and Withdrawal Methods
What can make or break an online casino experience is the opportunity to deposit quickly and securely. The online casino industry is abundant, with online casinos that offer various deposit and withdrawal methods. Most of the time, you can withdraw your money with the same method you used to fund your account.
There are many, many deposit methods, and the reason is so that each and every player can find one that fits him/her best. However helpful, many methods can seem confusing, so we are here to assist you with our guide on the best payment methods for online gambling.
We have only listed payment methods that are proven to be safe and working flawlessly. Among the most popular types of payment methods include credit cards, debit cards and prepaid cards. Then come the bank transfers, e-wallets and digital currencies.
Here are the best and most secure payment methods:
1. Credit Cards
Many consider credit cards the safest and most convenient banking method available for online casinos. Besides that, credit cards are available all around the world and are simple to use. And operators such as Visa, American Express, and Visa can rest assured that your deposit amount is secure. Here are some details that will additionally help you if you want to make your deposits from cards.
How to Make a Deposit Using Credit Cards?
This is probably the simplest way to deposit your favourite online casino. First and foremost, you need to have a credit card. You can get it from your bank in just a few days. Next, you need to register at the online casino of your choice. This is a quick and straightforward process too. You can try out the Wildz casino or Rizk or even the Casumo login interface and see yourself. While creating your account, you need to provide accurate credit card information. Then you need to find the deposit option on the casino’s website and open the cashier.
Most online casinos provide the Visa MasterCard option, and once you click on it, you can enter your card’s details. Lastly, before you approved the payment, make sure that you double-check the amount you want to deposit. The transaction will be completed in just a few minutes. After it is done, you can start gambling.
How to Withdraw Funds Using Credit Cards?
It is pretty straightforward. First, you click on the cashier, then on the withdrawals option. You choose your credit card, verify the details, and click on withdraw. After that, you can enjoy your winnings.
Debit cards are another popular option preferred by many. To get you started, what you need first is to have a debit card. Naturally, the entire process is fast and easy to complete, and most online casinos welcome newcomers with generous bonuses when they make their first deposits ever. Here is what you need to know:
How to Make a Deposit Using Debit Cards?
The first step always is to register at an online casino. The registration process is free, and when you are asked to give your debit card details, make sure that you enter the correct ones. Next, as the method explained above with credit cards, you need to access the cashier option on the casino’s website. Once you are signed in to the casino, you will see a button marked deposits. Then you will see the payment methods, and once you see your debit card brand, you need to click on it. After that, you enter the deposit amount you want to play with and confirm. You will receive a code via text or email with which you will confirm the payment, and that is it.
How to Withdraw Funds Using Debit Cards?
Luckily for players, the withdrawal process is just as quick and straightforward as completing the deposit process. Players can cash out their winnings after the security team verifies their account at the casino and after all necessary documents and details have been successfully submitted. Again, you go to the cashier option and choose withdrawals. You then select the debit card option for cashing out. If you used a debit card for making a deposit, it would already be available for you at the cashier. Check the info, enter the amount you want to withdraw and click the button marked withdraw. And you are done.
Visa is seen as the most trustworthy of all types of payment methods for online casinos. It is highly convenient and (what most consider to be crucial) is a payment method readily available almost worldwide. You can make secure and safe deposits and withdrawals without worrying about being scammed or something. It is a well-known and well-respected brand, and Visa-branded debit, credit and prepaid cards are a reality for many. It is an easy process to get one, and besides, at online casinos, you can use this type of card in stores too—both local and online. If a casino is among the top ones globally, it indeed accepts Visa as a payment method. Here are the steps you need to take to make a successful deposit:
How to Make a Deposit Using Visa
The process of making a deposit using a Visa card is simple, fast, and hassle-free. First, you need to connect your Visa card to your bank account. It is not essential whether you own a debit or credit card; they both do the job perfectly. Then you need to find an online casino that supports this type of payment method.
How to Withdraw Funds Using Visa
The team working tirelessly to develop Visa cards make sure that your money is safe and secure at all times. This goes for when the time comes for withdrawals too. Namely, you can’t make withdrawals with a Visa card for security reasons until the name and personal details of the cardholder match the ones on the account. That is why you may need a few additional documentation to verify your ID details. Safety matters here, and Visa ensures it all goes right.
Next, you need to choose Visa as a withdrawal option, and if you made the deposit using the same method, this shouldn’t take long. Most online casinos that provide this method of payment do not impose additional fees. However, you should still check and make sure you get that piece of information right.
Finally, you will wait a few days to start spending your winnings. The withdrawal requests are inspected and approved in one business day, and the bank needs a couple of more days to process the payment you requested and transfer the funds to your Visa card. When it comes to the processing times, you will often have to wait a maximum of five business days for the entire process to be complete.
Visa online casinos to try out:
This shouldn’t be a problem at all. If you want to know how to be an online casino winner and know the feeling when you get that first big win – you need to start by making a deposit. It all begins at that moment. Once you enter the casino’s website’s cashier section, you need to choose Visa as the payment option, and then you will need to provide the card details. Make sure they are valid, and lastly, you enter the deposit amount and confirm the payment. Now you are ready for your first bet. Good luck!
Since all players aim to find a payment method that ensures secure and safe transactions – MasterCard is another way you need to consider before making your final decision. It is good to know that almost all top-rated and trustworthy online casinos accept MasterCard as a payment method. You can start playing and having fun without losing any sleep thinking about how safe and secure your money and personal details are.
How to Make a Deposit Using MasterCard
As mentioned above about Visa, MasterCard has different types of cards as well. You can get a debit, credit, or prepaid card and do it with great ease and convenience. For faster and easier transactions, you are advised to link your MasterCard to your bank account. You need to register at a top online casino (one like Wildz casino or Casumo, or any other you see fit). Since MasterCard is accepted by many online casinos, finding one that fits your payment method and one that offers the games you enjoy most shouldn’t be a hard thing to do.
The following steps are similar to the ones mentioned for previous casino payment methods. You choose the MasterCard option from the cashier field on the website, deposit as many funds as you like, confirm the payment, and start playing your favourite online casino game. What makes MasterCard the first choice for a payment method is that the amount of the casino deposits can range from €10, and it can go over €10,000.
How high the amount goes depends mainly on the casino. No additional charges are necessary, and the entire process will be complete in just a couple of minutes. Now you are ready to play and win. Once you win, you can proceed reading and see how the withdrawal process works.
How to Withdraw Funds Using MasterCard
The Cashier found on the casino’s website should clearly state that they accept MasterCard as a withdrawal method. Once you notice the option, you select it, enter the amount you want to collect, and confirm it; you end the process. MasterCard users can withdraw from €20 to €5,000 via one transaction. Most often, the transactions are free of charge. However, there are cases when they charge, but it doesn’t cost more than 2% of the withdrawal amount.
MasterCard Casinos to try out:
Over time Paysafecard has managed to install trust with players, and it is now one of the most widely used payment methods in many online casinos. It may not be as popular as Visa or MasterCard, but it is worth considering, no doubts there. What players need to know is that when compared to other banking options (less popular than the ones mentioned above), Paysafecard is undoubtedly the safer and more secure choice for your next deposit payment.
How to Make a Deposit Using Paysafecard
The entire process of making a deposit using Paysafecard is not that different when compared to the deposit process of the other payment cards. What makes the Paysafecard option more convenient is that if you use the Paysafecard mobile application, you can receive info about the closest locations where you can buy the prepaid codes this type of card utilizes.
That is the first step you need to take to make a deposit. When you buy the prepaid codes, you don’t pay any additional charges, so what you pay is what you get in terms of the amount you have available on the code.
After that, things get more familiar. You register at an online casino that supports this type of payment method. Then, you find the cashier option on the casino’s web page, you choose the Paysafecard type of payment method, enter the code and the number of funds you want to play with, and that is about it.
How to Withdraw Funds Using Paysafecard
In most cases, online casinos do not allow players to withdraw using the Paysafecard payment option. However, since this operator wants to make customers happy, they provide a service named My Paysafecard. Several online casinos do accept this card for withdrawals. So here is how all that works:
First of all, you need to set up a My Paysafecard account. You should register on their site, and once you do, you can keep a neat track of all your codes and the amounts they hold. You are advised to use the information you used for the casino account. After that, you need to go back to the casino’s web page and look for the cashier option. There you select Paysafecard as a withdrawal option, and you enter the amount you want to keep. You can go from €20 to €1,000 withdrawal limit, depending on the casino.
An additional advantage is that the Paysafecard operator pays all processing fees. The customer uses this service free of charge. And even though you may wait for a couple of days for your winnings with other payment options, with Paysafecard, you will get them the same day the casino approves the withdrawal.
Online Casinos that accept Paysafecard:
The American Express card, or also known as AMEX, is probably the payment method used by most players around the world. Almost everyone has heard of this type of card, and it is immensely popular. People trust it and use it regularly because it offers convenience, and customers can make online transactions safely and efficiently. Online gaming doesn’t fall behind, and most top online casinos do offer American Express as a way to make deposits and withdrawals.
How to Make a Deposit Using an American Express Card (AMEX)
Since the entire process of depositing at an online casino using the American Express card is straightforward and simple – it will be done entirely in just a couple of minutes. You can use the card regardless of the device you want to play on. Be it your mobile phone or your desktop computer – your card information and the personal information you provide will be 100% safe and secure. What follows (as above) are a few steps you need to take to complete the deposit process when using an American Express card. Here we go.
First, get your American Express card ready. If you don’t have one yet, you can apply to get one of the types they offer. Inform yourself well about the difference between them, and go for the one that fits your needs and requirements. Second, you need to choose the casino you like the most and go to the cashier menu option on their website. You will then see a list of all the payment methods that the casino provides. Find the one that says AMEX or American Express and click on it. You will easily find it since their logo is quite recognizable.
Next, you will have to fill out a form with card info and the amount you want to deposit and bet with. Once you enter the amount, you will need to confirm the payment. The confirmation is also simple. You will get a text message with a confirmation code for the payment you just made. And what comes next and last is the fun part. You can start playing and enjoying the thrill of the online casino world.
How to Withdraw Funds Using an American Express Card (AMEX)?
This is quite similar to the withdrawal processes we have already discussed above. You find the cashier option. You select American Express as a withdrawal method, then you enter the amount you want to retrieve, and you wait a couple of days for the entire process to be completed.
Online Casinos that accept America Express Card:
7. Bank Transfers
The second most popular type of online payment method is using bank transfers. There are several options, depending on the online casino that you choose.
Wire Transfer is accepted by most casino sites these days. This online payment method is incredibly convenient for high-rollers, even though most online players can make both deposits and withdrawals via wire transfers. This option often comes with a small fee and is generally the best if you are a user who wants to make large deposits or withdrawals.
Instadebit is another popular method for Canadian players. Most online casinos will accept deposits made through Instadebit. However, some casinos will also allow you to use it to cash out your funds. This safe and secure payment method will allow you to access your funds in your bank account instantly. Many Canadian online casinos accept payments via InstaDebit.
Online casinos that offer Bank Transfer as a payment option:
Apart from credit cards, debit cards and prepaid card solutions, players can use e-wallets. They act as a third-party virtual wallet that lets you make transactions fast and easy, which is why they are taking over the market. Another advantage is that you don't have to input your sensitive information. Also, they offer excellent security, instant deposit and withdrawal processing times. Compared to eCheck payment, the downside is that transaction fees will be applied to them most often, though this fee will generally be minimal.
The most popular payment methods when it comes to this type of banking option are:
Neteller is one of the most popular e-wallets for online casino deposits and withdrawals. A British Company owns it and today operates in over 200 countries. Neteller also offers a VIP system, very similar to the VIP Programs you will find at online casinos.
PayPal payment is an option that has worldwide acceptance. It is a highly secure online payment service that numerous online casinos offer. In some countries, though, you can also use it as an online casino deposit method.
EcoPayz is a state-of-the-art payment method that is very popular among Canadian players. With this popular method, you can fund your account with around 45 currencies.
Online casinos that offer e-wallet payments:
8. Instant Bank Transfers
The advantage of these methods is right in its name. They offer faster transactional times than the standard bank transfer, which is especially important when it comes to withdrawal times. The most popular method is Trustly, which is available all over the world. All you need to do is connect your banking account and let Truslty handle the transactions.
Trustly Online Casinos:
9. Cryptocurrency Payment Methods
Because of the rapid growth of crypto casinos, the need for crypto payment methods is inevitable. The difference between crypto and traditional payment methods is that the blockchain keeps track of your wallet’s address, not your details.
Bitcoin, Ethereum and other cryptocurrencies provide a guaranteed layer of security.
Some other advantages include fast transactions and privacy. Available cryptocurrencies at online casinos are:
- Bitcoin Cash
Check out these Crypto Casinos:
From what we can read above, there are various payment methods that many online casinos offer. They are all safe and secure, and the operators always strive to improve their service. What matters here, and each player needs to be aware of, is that each online casino offers different payment methods. So, before you decide on which casino will be your next endeavour, make sure that you read the casino’s official online review.
Which payment methods are safe and secure?
All of the payment methods that we recommended for online gaming in this list are safe and secure.
Which one of these payment options is the safest?
They all take privacy very seriously, and they also come with anti-fraud protection, digital secure keys, identity protection and 128-bit security encryption measures to protect your personal and financial information.
What payment methods are the fastest?
E-wallets are the fastest payment methods. They are designed for instant deposits and withdrawals.
Can I use the same method for both deposits and withdrawals?
That depends on the online casino. Some will include numerous payment methods and alternatives, so the best thing to do is go through the available options and pick the one that is the right for you.
Do I need to own a credit card?
No. You don’t need to own a credit card to make payments at an online casino. There are other payment options available, like debit cards, e-wallets and prepaid cards that you can use.
Should I choose an e-wallet over credit or debit card?
It is a matter of personal choice. Whichever you choose, have in mind that they are all safe. Some people prefer e-wallets due to the fact that they are fast and don’t require the player to share his personal transactional information.
What is the most anonymous casino payment method?
The crypto currency Monero is probably the most anonymous method. Other payment options a prepaid credit card, and Bitcoin.
Do I need documents to make a deposit?
Most casinos don’t require ID when you are depositing. However, you will not be allowed to withdraw money without verifying your identity.
Are there any deposit limits at online casinos?
Yes, most probably you will be required to make a minimum deposit.