Payment Methods In Online Casinos

There are many different ways to deposit and withdraw at online casinos. If you have special preferences for this, then check whether the casino offers you what you are looking for.

Sometimes casinos charge fees for using some deposit methods, so it’s good to read them well. Internet casinos to which links are located in the text of this article offer various payment methods, thanks to which you top up your accounts without paying any commission. Find out what payments methods you can count on while playing at online casinos and choose ones that match your preferences.

Credit and Debit Cards

Deposits and withdrawals by debit cards are very simple and the most popular method among players. Virtually every casino accepts credit and debit cards, not necessarily every type of card but Visa and Mastercard are usually accepted and most commonly used. You will often see a Maestro card option too. Usually, transactions are carried out really fast, so that the funds will be processed at no time.

Visa

Visa is a credit card that allows you to make payments at millions of sales points around the world. Both online (online store or casino) or at the grocery store around the corner or on vacation in a foreign country. The card can also be used to withdraw money at an ATM. The goal of Visa is to replace cash transactions as much as possible by electronic transfers. Depositing a deposit into a casino account with a Visa card is possible even if you do not have enough funds in your account (Visa provides a loan that must be repaid after some time).

Mastercard

Mastercard is a credit card that can be used to make payments at millions of points of sale, as well as at casinos or online stores. Mastercard is accepted in over 210 countries around the world. Mastercard can be used internationally to withdraw money at banks and ATMs around the world. Mastercard, like all credit cards, is associated with a normal bank account and guarantees payment to the recipient. Withdrawing funds to the Mastercard works practically in the same way as when making a deposit. Also, to collect money from your casino account, you must provide your credit card number, name, CVV number and card expiration date. The money will be visible in your account usually from 1 to 5 days.

Bank Transfers

At most online casinos, you can deposit funds using a bank transfer. This is a good solution if you want to deposit a large sum of money, or if you do not have a credit card, or if you do not feel comfortable providing your bank details online.

Skrill

Skrill was founded in the United Kingdom in 2001 under the name “Moneybookers” and offers a wide range of online financial services to its clients. Their services are used by over 36 million customers around the world and are available in 200 countries. Skrill transfers can be made in 40 different currencies and are accepted by over 156,000 online outlets.

It is a method used by the vast majority of players and it is available in almost all casinos. All you have to do is register your account and fund it with your bank account. After which this transfer will be posted and the money can be transferred further. Payments made via this method are free and take only a few seconds, regardless of whether it is a weekend, a holiday or the middle of the night. Withdrawals via Skrill are also made quickly. Casinos withdraw money using this method of payment within 24 hours but usually, it does not take more than a few hours.

Neteller

The Neteller electronic wallet is another option for easy and secure online money transfer. The Skrill sister purse has been successfully operating on the financial markets of many countries for several years and is still gaining new customers looking for, among others the possibility of making free and fast deposits to the online casino.

Neteller is above all the comfort of managing funds from a browser, application on a computer or mobile device, efficient transactions and a high level of security for both data and money of the user. Casinos with Neteller usually offer simple and convenient conditions, and the option of depositing via an online wallet is often rewarded with an additional bonus.

Paysafecard

This method is also very popular and liked among many casino players. Paysafecard is a prepaid card that can be used to make online payments at casinos as well as on other websites. Paysafecard has its headquarters in Vienna and has been operating since 2000. Just buy a card with a code at one of the points offering this service and redeem it on the casino website, and the money will be added to your account immediately. This is an ideal method for those who have cash at their disposal.

Trustly

Trustly is a payment method used by a large number of players and it is available in more and more casinos. It is a secure payment method used by many Irish players. With this method, you can make payments directly from your bank account.

The service is based on the fact that you can use an online bank when making deposits and withdrawals online, and the main advantage is that you don’t have to wait a few days for the transfer to be made, as opposed to a regular bank transfer. Just select your bank and log in as usual, and then choose the account from which you want to make a payment.

PayPal

PayPal is an online payment system that is used to make online payments. To be able to make a payment using this method, all you need is an email address and a bank account. The company was founded in 1998 as one of the pioneers in making online payments, after which it was acquired by eBay in 2002. In 2007, the company obtained an official European banking license and in 2014 their services were active in over 193 countries, thanks to which its 143 million registered users can pay and receive funds in PayPal in so many places around the world. The best feature of their site is that the use of PayPal is absolutely free for buyers, fees are only charged to sellers.

PayPal is a less common method of payment in casinos, but their number is still growing. Making deposits to the casino through this method is very simple. On the online casino payment page, select PayPal and then enter the amount you want to transfer, after which a window will open in which you can log in to your PayPal account. The money you transfer will appear immediately on your casino account.

Withdrawing funds from a casino account and transferring them to a PayPal account works practically the same as when making deposits. Simply select PayPal as the withdrawal method on the casino website, complete the form, and the money will appear in your PayPal account in a few seconds.

EcoPayz

An account at EcoPayz gives you a secure, convenient and flexible way to receive, send and spend money online. Opening an account is free, it only takes a few minutes and you can start using it right away. In addition, you do not need a bank account and no credit checks are carried out. By using the EcoPayz casino, you get instant access to hundreds of online casinos and fun for hours.

EcoPayz offers five different levels that offer options tailored to your needs. After registration, you get basic ecoAccount Classic with a limit of transfers to sellers EUR 1000 per day. Higher limits and possibilities give the next levels: Silver, Gold, Platinum and VIP. To get them you will need to confirm your identity and link a bank account to your account.

Withdrawals at EcoPayz can be made with at least the Silver package. Of course, the transition to a higher level is free and the service provider does not charge additional fees. EcoPayz allows you to make prepaid cards. One of them is EcoCard. The user can get it provided that the account is updated to the Silver level. You can have up to three prepaid cards with EcoPayz. The EcoCard itself supports three currencies: Euro, British pounds and US dollars. In addition, it is also worth mentioning that everything is done in cooperation with MasterCard, which makes you feel even more secure.

Payment Methods – Deposits, Withdrawals And Limits

It should not be forgotten that the payment methods present in online casinos are not only deposits but also withdrawals. Many players may come across a surprise or even disappointment, as there are usually fewer withdrawal methods than with deposits.

This involves several factors, such as casino fees, commission, quality and security, or the availability of money transfer forms. There are some differences between withdrawals and cash deposits.

When it comes to withdrawals, the biggest difference is in time. If you use online deposits, your casino account money can be in a few minutes. However, in the case of withdrawals, you cannot count on such quick transfers. Usually, you have to wait 3 to 5 days for withdrawals, although sometimes you can wait much longer due to the casino or the system.

If you choose methods of withdrawal from your account, be sure to make sure that one of them does not involve commissions from the casino. It is sometimes the case that a credit card or a given internet payment system may be charged up to 2.5% with small withdrawals it is hardly noticeable but with larger amounts it is always a few euros.

The payment methods available in the system, however, are usually not charged with commissions. More often casinos charge commissions for more withdrawals per month. For example, the first 3 withdrawals in a month are free, and each subsequent one is an additional percentage deducted from the sum paid out.

When choosing payment methods, it’s also worth paying attention to the money limits. Some methods are set by the maximum and minimum Copts that can be deposited and withdrawn from the account. Usually EUR 10 for deposits, and EUR 15, 20, 30 for withdrawals.

Frequently asked questions

What are the secure and recognised payment methods at online casinos?

Before answering the question about secure payment methods at online casinos, we must emphasise that the most important thing before making a payment is to check the security of online casinos websites or entities offering online betting, it is also related to the topic of payment via websites. Remember, the basis is a secure online casino. The HTTPS protocol guarantees us encryption of our data. A page with the HTTP protocol or unsecured should raise our distrust. Let's also choose the payment methods that are already known to us and also offered by other entities operating on the Internet, e.g. online stores. The most popular operators include Visa/Mastercard, Trustly, Skrill or Neteller.

Are the above-listed payment methods safe to use?

Yes, these payment methods are secure and safe to use. We would never recommend an online payment method that puts your personal information at risk. Many of these payment methods also have additional security features that you can't simply get with a bank card.

Do all casinos use the same payment methods?

No, online casinos will have specific rules regarding payment options. Some of them offer a wide range of different online payment methods, others offer only a few of them. That’s why it’s so important to know this information before we decide to play at the casino.

Do online casinos have additional security for my payment transactions?

In addition to using a secure payment method, it is also important for the online casino where you play to have the appropriate SSL encryption technology as it protects your payments during transactions.

Are there any disadvantages to using online casino payments?

There are pros and cons to all casino online payment methods. It is up to you to decide which of them has the most advantages that suit your needs and which have too many disadvantages for you to exclude.

Jonathan Barnes
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