Online Casino Payment Methods

Many casinos will offer bonus credit or free spins when you join, so shop around. There is now a plethora of ways to keep and move money, E-wallets and Bitcoin Casinos have grown hugely in popularity, but what are they and what are the benefits and downfalls of different online casino payment methods.

Sending money to online casinos is very easy and with our guide you will find everything about online casino payment methods in order to choose what is best for you.

Read below our quick guide about and once you found one that suits your needs you can start your journey at the casino!

Visa is more widely accepted than any other card and deposits are easy, most casinos won’t charge you for using visa, but check the casinos T&C’s to make sure.

There are some drawbacks; payments are slower than using an E-Wallet, but more importantly whilst almost all casinos will accept visa to deposit cash, a considerable amount will not let you withdraw to your visa card if they do it can take a few days to arrive in your bank balance. Visa must have been your method of deposit to use it for withdrawals.

As the second most popular debit/credit card on the scene MasterCard features many of the same advantages and disadvantages of Visa. Again simplicity, speed and availability make it a top online casino payment method, but there are less MasterCard casinos than Visa and withdrawals are becoming more difficult.

Again, this must have been the deposit method to withdraw, it will take 3-5 days before the withdrawal arrives in your bank and if it is your first withdrawal you may have to go through the process of submitting evidence of your identification (this is always best to avoid online, you would never be advised to give your banking and identification to one company).

When trying to use AMEX and other less well-known credit cards it is more likely the casino will reject the transaction. For AMEX this is due to strict legislation about online gambling within America. If you wish to pay with card, it is best to stick with Visa or MasterCard.

If you are betting on credit ensure you are gambling responsibly and check your banks and the casino’s T&Cs for charges to credit cards.

This is the most popular and well-known E-Wallet on the market, due to its lucrative partnership with eBay. However, for casinos it only allows transactions from a shortlist of European countries, namely Austria, Denmark, Finland, Germany, Ireland, Italy, Portugal, Spain, Sweden or UK. There is strict PayPal internal policy that essentially vets the casino, meaning by and large, if you are playing and paying at a PayPal casino it is a sign of safety and that the casino is fully licensed.

Withdrawing should take less than 24hrs and is simple. There are no fees to deposit a balance, but you may incur a charge when withdrawing, you should also note you can only withdraw with PayPal if it is your method of deposit. There is commission on currencies and PayPal uses their own exchange rates.

Both Neteller and Skill have greater online casino presence than PayPal. Neteller is one the most used online casino payment methods , handling a large percentage of transactions.

Neteller is not US friendly and there are charges, but you can often find commission free Neteller casinos. It is a fast and safe payment option as no information is shared with the casino other than your Neteller account ID. They do charge for currency commission at over 3%.

Rivaling both Neteller and PayPal, Skrill is similarly convenient and safe to use, it is widely accepted for both deposits and withdrawals, but also carries commission charges, which can be negated by finding a commission free casino- essentially the casino is paying the charges for you.

You can also use bank wires cheques and bank drafts by going into your bank in person if you prefer to avoid online methods. This is the most time exhaustive option and there may be a fee incurred by you.

Virtual currencies are on the rise, BitCoin offers safe security protocols, small fees and anonymity; it is also easy to use with the US. You’ll even find solely BitCoin casinos and software, but using BitCoin will restrict your casino choice as not all offer it. It beats banking methods on speed, offers low fees, but is not government regulated as with real currencies.