It seems simple, but choosing an online casino can sometimes be a really tricky errand. Just imagine helping out a friend find the best option on the market. You probably wouldn’t say something like, “well, go ahead and pick the first one you encounter.” Most certainly, you would go with the advice of doing thorough research and considering all important variables before making a decision.
This means that there is more to the casino than just its catchy name, looks, game lists, and flashy images. In fact, each one of them represents the full-on package of what you are dedicating your time and money to.
One of the most important, but not highlighted enough, things is how the provider handles money payments. In this article, we will cover some important information regarding this issue. Keep on reading to find out more.
The Most Popular Payment Options in the Online Casino
Payment Methods in Online Casinos come in numerous variations, each one of them helping you out transferring money TO and FROM your online casino account. However, some things make them differ – security, ease of use, and the speed at which they allow money transactions.
To cut a long story short, a good casino operator will make sure to provide the best and the most secure payment options on the market which will satisfy different customers’ needs and wishes, whereas the casinos you would like to stay away from will be flaky in this domain. Here are some of the most common options.
Credit and Debit Cards
The most commonly used, easiest, and most convenient method for many is funding your online casino account with a debit or credit card.
This means you will need to register to your casino account, go to the cashier section, pick your card brand, enter the amount you will pay/withdraw, submit, and you are done. And yes, brands like VISA, Master Card, Maestro, or American Express are welcomed on every site.
However, since you’ll need to share a lot of your personal data, including your name and card number, this method could potentially be an easy target for unwanted breaches.
Alternative Online Casino Payment Options
Digital expansion is all about finding alternative approaches. There are new ways of doing everything, and making online casino money payments also falls into this category. Besides standard card payments, now you have money apps, e-wallets, crypto payments, and mobile payments, among many others, and all of them come with leveled-up security standards.
Digital Banking Apps
“You got an app for it.” – is a modern world slogan that is also relatable to every aspect of money transferring. These digital banking apps cut their way into the center of happening when it comes to online casino payments, and now, they are becoming one of the most used options. Easy to use, granting security, they are slowly but surely winning the payment throne.
Some of the most popular options out there are:
- Revolut: Founded in 2015 by Nikolay Storonsky, the company’s worth today is over $5.5 billion. It has the same offer as your local bank, but if it was relocated to your mobile phone. It was one of the first apps to give an easy-to-use mobile bank making the money-transferring process an easy errand. Today, it is one of gamblers’ favorite options, so you can find many casinos accepting Revolut payment method out there.
- Google Pay: If you can imagine an app that will exempt you from any costs when making money transfers to and from an online casino – Google Pay has got your back. Made for Android users, free of charge, and easy to use, this app comes along with immediate transfers that will level up the enjoyment you get from playing your favorite games.
- Apple Pay: Similar to Google Pay but reserved for iPhone users, the Apple Play app will make you free from sharing your credit card or bank account information with a casino provider. Aside from fast transactions, this app also promises higher protection from personal data breaches and break-ins – a great option for high rollers and frequent consumers.
- Klarna: One of the most recognized digital payment methods in the world has finally stepped onto the online gaming ground. It is reputable for its fast and secure credit and debit card payments across the globe and will assure your investments and withdrawals are safe from vultures.
E-Wallets
Another great way of funding your casino account is using a trustful e-wallet method. The good thing about them is you won’t directly share your personal bank account data with the casino provider. Instead, your payments are linked to an e-wallet account, which further contains your personal details. Additionally, the transaction speed is just insane – you will submit and withdraw your money within minutes, even seconds.
With slight variations depending on the option you choose, what you need to do is – make an e-wallet account and link it to the selected payment method (credit, debit card, or your bank account), load your e-wallet with funds you will use for online casino payments, find your e-wallet among the payment options casino is offering, submit the amount – you are done.
There are three major, most popular, and most secure options that players leave good reviews about:
- PayPal: The most popular payment method in the world, has also expanded to the online casino area. With it, you won’t go through the unnecessary complexities of registering your credit card or leaving sensitive personal information on a website.
- Skrill: Similar to PayPal, Skrill is a reputable e-wallet method offering fast and safe transactions.
- Neteller: The first thing that comes to mind when mentioning Neteller is ‘simplicity.’ The second thing is its safety which places this method among the best ones on the market when it comes to online casino funding.
Paying By Phone
We’ve seen a great expansion of the mobile phone industry, and digital payment methods evolution was what followed it. Now you can deposit and withdraw your money directly on your phone, with just a few clicks, and the network provider will charge the amount you’ve spent to your monthly bill.
The instructions are pretty straightforward: register at the casino site, find a pay-by-phone option in the payment section, enter an amount you’d like to deposit, and hit the submit button. Once you pay, you will get a verification SMS, and you are ready to play your favorite game.
Some of the most popular pay-by-phone options you can choose from are Boku, Payforit, and Zimpler.
Why Are Payment Methods Important When Choosing an Online Casino?
As we said at the beginning, there is more to an online casino than its name, flashy design, and popular games. One of the most important things is what the provider does to protect their customers.
Therefore, besides learning about their license and customer support and searching for their users’ comments and reviews, it is important to check what provider you’d like to make an account with offers when it comes to money transfers.
In this case, variability is the key, so you’d like to look for a provider that covers different payment approaches so you can select the method which is considered the safest and with which you feel the most comfortable.
So, be it credit card payments, using apps like Revolut or e-wallets, or going for something more exotic like crypto payments, it is important that you are provided with the ability to make a choice. Good luck!