If you’ve ever played your favourite game on a casino website for real money, chances are you’ve used at least one or two casino payment methods. On the other hand, if you an ardent gambling fan who’s trying to shift from a land-based casino to an online casino, you should be aware of the casino payment options you’ll use for transactions to and from the casino sites.
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There are so many payment options in the market that you can use for casino transactions which luckily, our reviews will cover. However, the number of payment options available for you will depend on which country you come from. For instance, if you’re a UK player, you’ll be spoilt for choice given that there is an array of payment methods at your disposal.
There are several solutions offered by most casinos. Some allow you to make deposits only while others allow you to make deposits and withdrawals of your winnings. The most popular online payment methods include:
Although the options mentioned above vary in terms of convenience and speed, all of them are safe and secure, and transfers to any UK casinos are easy. Regarding withdrawals, some casinos tend to be faster than others, irrespective of the withdrawal method that you use hence you’re better of choosing the fastest withdrawal casinos.
UK players will be relieved to hear that there are various ways they can get money into their casino accounts safely. On our side, we decided to choose payment methods that offer safe deposits. We think that credit cards, debit cards and prepaid cards such as Visa, MasterCard and PaySafe are the best followed closely by e-wallets such as Skrill, PayPal and Neteller which are commonly found at casinos with fast payouts.
Also, bank transfers such as Wire Transfer, eCheck, Instadebit and iDeal are also widely used by UK players. In terms of withdrawals, all these payment options (except bank transfers) process them immediately and the maximum time you have to wait for money to reach your account is 3 days.
With so much of our online life taking place on mobile devices – not least playing casino games – it makes sense that mobile payments are becoming a more and more popular way to fund your casino account.
There are many advantages to using a pay-by-phone deposit platform. The process is simple, efficient and, most importantly, very secure. When using one of these platforms, which include Boku, Payforit and Zimpler, the amount you wish to deposit is simply deducted from your phone credit or added to your next mobile bill. Thus, there is no direct connection to your credit card or bank account details. What’s more, there are no added fees.
Of course, this payment method is one-way traffic, meaning that it cannot be used to withdraw funds. Players will need to choose a different banking method to take money out of their account, such as an e-wallet.
When it comes to payments, whatever deposit method you use on your desktop can usually also be used on your smartphone. In fact, many casinos are generous enough to offer you specific casino bonuses UK, such as free spins once you deposit cash with your smartphone.
Many instant withdrawal casinos also offer integrated mobile payment methods, which make everything a little bit easier. Nowadays, a widely popular method is Bitcoin, which is a digital currency that is available at a lot of mobile casinos. In general, when you are gambling on your smartphone you will be able to use the most common payment methods like credit cards or e-wallets just as well as you would on your desktop.
Safety is paramount when making online transactions, as there are plenty of unscrupulous individuals just waiting to exploit any holes in website security. Luckily, all reputable casinos employ top-level digital encryption technology to protect all data shared by users on the site, such as banking information or credit card numbers. Players can check that a site is secure by looking at the address bar; all secure sites will be preceded by “https://” and will include a small padlock icon.
For players who wish to add an extra layer of safety to their transactions, there are various platforms that act as middlemen, providing a buffer between the casino and the player’s bank account. These include prepaid debit cards and e-wallets. A prepaid card works like a voucher – the player purchases it from a physical location and enters a code to transfer the money to the casino.
E-wallets can be preferable to prepaid cards, as they allow for both deposits and withdrawals. These are virtual accounts which can be funded via the user’s bank account and then used to make online payments to many online vendors, including casinos. Popular examples of e-wallets include Skrill and Neteller.
In order to facilitate smooth and hassle-free transactions, both online casinos and your chosen payment platform have created simple and easy to use interfaces. To make a deposit, simply navigate to the casino’s payments page and select your payment method.
The first deposit will require you to enter some basic details, but for subsequent payments these will be saved. Simply follow the on-screen instructions and enter the amount you wish to deposit. It’s a matter of a few clicks of the mouse, and the money will be on your casino account in a short time.
Making a withdrawal is also simple, but there will be some extra steps the first time you withdraw. When you create a casino account, you are required to provide only a small amount of information. For security reasons, when taking money out, the casino needs to verify that you are who you say you are. We recommend that you play at instant withdrawal casinos for super-quick payments.
The verification process varies between casinos, but will likely involve proof of identity such as an image of your passport and some other documents. For this reason, first-time withdrawals usually the slowest. All good casinos are required to check your identity as part of the terms of their license. In order to speed up your first payout, it’s recommended to do the verification as soon as you sign up.
You want your money to be paid into your casino account as quickly as possible – waiting for payments to process can cut into your valuable playing time. Fortunately, there are plenty of instant withdrawal casino sites have little to no processing time.
The fastest ways to get money into your account are probably e-wallets and mobile payments. In fact, depositing these days is typically a very speedy matter, unless you are funding your account via a direct bank transfer.
When it comes to instant withdrawals casinos, e-wallets are also the way to go if you want to get your money quickly. Processing times vary depending on the site, so make sure to choose a casino with a reputation for rapid payouts. Our reviews highlight the casinos where you can claim your winnings the quickest.
This depends on the casino and on your chosen banking platform. Generally speaking, casinos these days try to minimise any transaction fees for their customers and will only apply them when absolutely necessary. This information should be readily available on the website – if in doubt, you can always contact customer support.
Usually, yes. Most casinos will require a minimum deposit, for example £10, especially in order to claim a deposit match bonus. Many will also enforce a daily, weekly or monthly upper limit on withdrawals, so a large win may have to be claimed in increments. As part of their responsible gambling commitment, most casinos also allow you to place your own personal limits on how much you deposit.
You can, but anti-money laundering rules state that you must use the same method to deposit and withdraw when possible. So, if you’re using an option that supports both payments and payouts, you’ll need to stick to this. In cases such as depositing via mobile, an alternative such as bank transfer must be chosen when moving money the other way.
This also depends on the casino in question, but generally speaking you may be ineligible to claim a bonus when using a certain method to deposit funds. Check with your chosen casino to avoid any disappointments. And remember, you can’t withdraw your bonus until you have met the wagering requirements. Often, a bonus will be forfeit if you attempt to make a withdrawal before the wagering has been fulfilled.
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