Online Casino Deposit Methods – Tried and Tested Banking Options

If you’re considering playing online for real money, you are probably concerned about the safety of the funds in your player account. You’re probably also wondering what types of payment methods there are available for gambling purposes. That’s perfectly understandable. What you should know is that the process is very similar to online shopping. Once you create an account, have a look at the banking options listed at the website. Usually, the logos of the payment methods can be seen in the footer of each page of gambling sites.

There are numerous online casino deposit methods: debit and credit cards, e-wallets, bank wire transfer, prepaid cards, and so on. Don’t forget to check whether the casino you intend to play at is secure before entering your banking details. The proven brands in the iGaming industry use encryption to protect their customers’ data. That’s why you should only play at licensed casinos. Otherwise, your data may be subject to misuse.

Though there are some common features casinos share, every gaming site has its own types of payment, time frames, and limits. Don’t take anything for granted – check the minimum and maximum you are allowed to deposit and withdraw as well as the fees and processing times. When you gamble online, you can encounter everything from no fee and instant money transfer to two-week transfers and a weekly limit on withdrawals.

Once you have an idea about the site’s banking policy, you can go to the cashier section and select from the options. Compare the fees for depositing and choose the method you prefer. Note the time the transaction takes. In most cases, the sum will be added to your account right away. Some casinos let the customer use the same means for depositing and withdrawing, others – don’t. So, you should be aware of your options before cashing in or out.

Casino Payment Methods for Deposit & Withdrawal

Site Credit /
Debit Cards
e-Wallets Prepaid Cards Coins Action
888 casino
Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
More Payments
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Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
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Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
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Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
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Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
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Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
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Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
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BoVegas
Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
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Exclusive Casino
Visa
Mastercard
American express
Neteller
Skrill
Paypal
Paysafecard
Ecopayz
Bitcoin
Litecoin
Bitcoin cash
PLAY
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Available payment options at the casinos

What Online Casino Payment Options Are There?

Casino operators offer a variety of methods to make depositing and withdrawing easy for their customers. There are all kinds of payment options, but before you commit to a site, check which ones they have available, because methods vary. We’ve prepared a detailed description of each to help you make a comparison and, ultimately, decide which ones are the best match for you. Here’s a list of the main online casino payment types:

  • Debit/Credit Cards
  • E-Wallets: Skrill, PayPal, Neteller
  • Bank Wire Transfer and eChecks
  • Prepaid Cards and Vouchers
  • Cryptocurrencies: Bitcoin, Litecoin
  • Pay by Phone
Depositing with credit and debit cards

Online Casino Depositing with Credit and Debit Cards

Debit and credit cards are widely used all over the world for online payment. MasterCard and Visa are two of the most popular credit cards. As for debit cards, you’ll often come across the names Visa Electron and Maestro. American Express is also accepted at some casinos. Most of the offshore US sites work with Visa, while the licensed ones prefer MasterCard. European and Canadian websites accept both types of cards. Moreover, European customers of gaming sites have the privilege of using their own local credit cards. Paying with credit cards is safe. For example, MasterCard have their SecureCode protection technology. Visa debit cards offer overdraft options to customers who have requested them. Since deposit and withdrawal requirements vary at gambling sites, check what’s available at your chosen site.

Using e-wallets for transactions

Stay Anonymous and Safe with E-Wallets

E-wallets are easy to use, convenient, and safe. That’s why they’re the preferred means for shopping online. Since they guarantee safe, instant transactions, electronic wallets are also widely used in the gambling industry. None of your sensitive information will be revealed to the gaming site if you use one of those. The e-wallet will serve as a mediator between the bank and the casino for you. Just link your cards and/or bank account with PayPal, Neteller or Skrill, and you’re ready to cash in and out. Note that some sites discourage you from using these by preventing users of e-wallets from getting the promotions they usually offer. So, these are safe and handy, but not available at all casinos. Here is a list with the most widespread e-wallet brands:

  • PayPal is the most famous option. The brand looks after its reputation by filtering the sites it works with. It selects only the casinos that have the required licenses and regulations from Europe and the United States. To fund your PayPal account, you can use your bank account, credit card or a P2P transfer.
  • Neteller can be used by residents of Canada or the USA. Simply connect it to your credit card or a bank account, and you are good to go. Cash out from your Neteller account using your debit card or through a bank transfer. The wallet has some of the highest limits for depositing.
  • Skrill, which is a typical e-wallet popular in Europe, is the largest competitor of Neteller. To use it, you need to create an account or request a prepaid card. Transfer cash to your Skrill account using a credit card or an electronic check. You have two online casino withdrawal options – bank transfer and debit card.
  • ecoPayz lets you fund your account in many ways, including options that will preserve your anonymity. Some of the ways to top up are credit and debit cards, online banking, ecoCard or ecoVoucher. It can be used in most countries in Europe.
Using online bank transfer

Bank Wire Transfer and eCheck as Online Casino Banking Methods

Electronic checks (eChecks) are used at regulated sites in the USA and some other countries. The way these work is by using a linked bank account for deposit and withdrawal. Deposits are instant, while withdrawals may take several days. Wire transfer is an electronic method suitable for sending funds to and from a gambling site, made available by banks. Because it usually incurs additional fees, it is mainly used for larger sums of money. Online banking transfer is a quick and easy way to move money directly from your bank account to a casino. There are certain limits for the allowed sum, and you should expect some fees. The disadvantage of these methods is that these are not anonymous. In order to use them, you’ll have to provide the site with all your details.

Electronic check
Prepaid options are anonymous and safe

Stay in Control with Prepaid Cards and Vouchers

Prepaid options and vouchers are another anonymous and safe means of transaction, favored by a large number of users online. Prepaid cards can be branded as Visa or MasterCard and resemble these visually. The difference is that you’ll have to top them up with a particular sum in advance. That can be an extra layer of security when you’re tempted to spend more than what you’ve decided on. For example, when you are in a situation that chasing your losses seems justified, you won’t end up with an empty account. There’s one inconvenience – you’ll have to select other banking methods for cashing out. But that’s a small price to pay for keeping your personal and financial information anonymous. Here are the most popular prepaid options at online casinos:

  • Entropay offers a throwaway virtual card by Visa that functions as a mediator between your other cards or bank account and the gambling house.
  • Paysafecard is a prepaid card by Skrill, which you can buy from your local store. You’ll be prompted to enter the code you’ve received every time you make a transaction.
  • ecoCard is to be obtained from the ecoPayz website. You need to apply, but there are no credit checks. The card will be delivered by post. Just activate it and start depositing.
Cryptocurrencies for deposit and withdraw

Enjoy a Fast Online Casino Deposit with Cryptocurrencies

A cryptocurrency is digital money that can be safely transferred between people and institutions. They aren’t issued by governments or banks, which means they have very low fees. Transactions employ peer-to-peer technology, encrypted and recorded on a blockchain, and they are electronically protected through cryptography. The most widely used cryptocurrencies are Bitcoin and Litecoin. Bitcoin is the most popular currency globally, while Litecoin takes third place after Ethereum. Litecoin has higher transaction fees than Bitcoin. Both offer an advanced level of security to customers as well as fast processing time for transfers.

Some casinos allow you to use cryptocurrencies to deposit and/or withdraw. Moreover, operators give amazing bonuses tied to digital money. For example, American online gambling houses encourage their customers to use Bitcoin by giving more significant welcome bonuses to those who fund their accounts with it. As mentioned above, the fees with these electronic currencies are the lowest possible. This means that gambling hubs get better profits, and they can offer larger bonuses for depositing with Bitcoin and Litecoin. The only downside of cryptocurrency is high volatility.

Pay by phone option

Pay by Phone – Online Casino Payments on Your Phone Bill

Paying by phone is handy, especially for those who regularly use their smart devices for mobile gambling. There are apps that let you use such a service, but most casinos have this feature, too. In their cashier section, you will see a “Pay by Phone/Mobile” option. It’s easy, almost instantaneous, and all you need to do is specify the amount you’d like to deposit and enter your phone number. Then, you will receive a security code you will need to enter, and you’re set. Let’s have a look at a few online payment methods by phone:

  • Boku Mobile: Just type in your phone number, confirm the request for payment, and the sum will be added to your account. The amount will be charged on your phone bill or credit balance, according to your plan. There is a limit to the maximum cash you can deposit, and it isn’t very high.
  • Apple Pay: This app lets iPhone users send and receive cash through the message center or the personal assistant. It functions with security codes, thus keeping your data safe.
  • Payforit Transactions: The cash you transfer is added to your monthly phone bill, but you need to create an account first. The payment consists of a 2-step process that includes a verification phase.
  • Zimpler: You need to register with your phone number and choose a payment method, and you’ll get a code. It is simple and safe, as it keeps customers’ details protected. This Swedish company enables gamers to set limits. It also keeps a full history of the transactions.

How about Offline Payment Methods?

If you don’t want to use an online payment method, there are a few options to transfer offline. These have a long processing time. Besides, you must go out and visit the respective institution to make the transfer. Another disadvantage is that you need to have all the necessary details of the gambling site. But they are still a viable option, so let’s see what’s available. Bank wire transfer is the standard way for moving money around, which may take 2-10 working days. Another traditional method is writing a check. These are especially useful for those who don’t trust online money operations. Checks are, indeed, safe and accepted by almost every gambling house, but they are time-consuming – they may take 5-28 working days. Finally, a good offline payment option is Western Union. It’s particularly convenient for US players, who face problems with the legal status of gambling. But this option comes with high fees and long waiting time.

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What Are the Online Casino Withdrawal Options?

At some point, you will want to withdraw your winnings. When the time comes, you shouldn’t be surprised by the fact that the options for withdrawal are fewer than those for deposit. Moreover, you may have to choose a payment method different from the one you’ve used for cashing in. Be patient because some withdrawal types may take up to 10 days to process. However, there are options that deliver the money instantly. There are certain limits as to the minimum and maximum you can withdraw. There may be fees for using one method or another, so check these before making the transaction. It’s wise to compare banking options and choose the fastest withdrawal at online casino sites.

Withdraw your winnings

How to Choose Safe and Convenient Online Casino Banking Methods

When real money and online games come together, many people get anxious and start asking questions about safety. While there are sites that could harm you and cost you a lot of money, choosing a reputable operator is not that hard. Just remember a few tips, and banking will be a breeze. Before you select a payment method, check what the fees are like and take note of the processing time of the transfers, because these may vary from instantaneous to a couple of days.

Last but not least, check that the site is legal and your connection to it – secure. Make sure there’s the symbol of the green padlock in front of the URL address, which should start with “https” – a proof that the information is encrypted. For your own protection, always log out of your player accounts and learn your login details by heart – don’t to save them to your devices even though you will have that option. Having your password saved may be convenient, but if your gadgets get lost or stolen, whoever finds them will have access to your accounts and your stored payment options.

Payment Options at the Best Casino Sites Make Gaming Easy

No matter if you prefer the anonymity of e-wallets and prepaid cards or the convenience of credit cards or mobile payments, you’ll have plenty of banking options when you’d like to play casino games online. At many websites, you’ll also have the chance to pay with cryptocurrencies. You will be able to select the ones that serve you best in terms of functionality, convenience, and individual preferences. You’ll also be able to control how much you spend by taking advantage of the self-limit options at the site or bank accounts with restricted sums. After all, your main purpose is to have fun playing, not end up with financial problems.