Online Casino Payment Methods
Online casinos and gambling sites offer plenty of ways to fund your account and withdraw any potential winnings. Depositing at an online casino is quick and easy, and there’s no need to worry about security as reputable casinos use 128-bit Secure Socket Layer and digital encryption to protect your sensitive data. With such a great variety of deposit only and deposit and withdraw methods, it could become confusing to choose the right deposit method. We’ve reviewed the best casino payment methods below, click on any method to find out how long it takes to deposit and withdraw, and which casinos accept that particular method.
Revolut is a revolutionary payment provider which allows users to transfer money instantaneously with no fees, while at the same time have all the advantages of having a credit and debit card issued by VISA or Mastercard. This makes it an ideal payment method to deposit and withdraw funds from an online casino.
PayPal has won multiple awards and is viewed as a faster and easier way to pay online. Nowadays, it is also a preferred payment method for online gaming. It is currently available to players from the following countries: UK, Austria, Denmark, Finland, Ireland, Italy, Portugal and Sweden. PayPal comes with many advantages including low risk, convenience and optimisation for any device.
Skrill/MoneyBookers is a secure and convenient method to transfer funds online, providing real-time instant payments. You do not need to expose any credit card information when you play at online casinos.. You can fund your Skrill account using credit/debit cards, bank transfer, instant electronic funds transfer, GiroPay and other payment methods in over 30 countries.
Important Factors to Check When Choosing a Payment Method
Choosing the right payment method make your online casino experience smoother. There are some factors worth checking when choosing a method to fund your casino account
- The casino payment method should be trusted and secure
- Choose a payment method that supports casino-related transactions
- Check for hidden fees, some payment methods charge fees for casino-related services
- The casino you wish to play at accepts your preferred payment method
- The payment method matches your gaming style
Online Casino Banking Options Worldwide
With so many deposit and withdrawal methods available, funding your casino account is a simple process. Casinos that offer their services for many markets also accept local methods, for example, Canadians can make use of Interac and InstaDebit at many online casinos. Click the icons below for a detailed overview of online banking options in Canada, the UK, New Zealand and the US.
Online Casino Payment Methods FAQs
We’ve answered some of our readers’ frequently asked questions below. Have a look for more information.
What banking methods can I use?
Payment methods will differ from one casino to another. However, there are some widely accepted methods such as debit and credit cards and popular e-wallets such as Neteller and Skrill. We suggest checking the banking page of the casino to make sure that your preferred payment method is accepted.
How quickly will the funds reach my account?
This depends on the withdrawal speed of the casino and the payment method you opted for. Normally, casinos try to keep their withdrawal processing times as low as possible (up to 48 hours), this, however, might vary depending on the withdrawal amount requested and whether you provide the necessary documents in time. Certain payment methods such as mobile pay and e-wallets have instant payouts, whereas other methods such as wire transfers and cheques will take 3-5 business days.
How can I safely deposit at an online casino?
A casino which is license and has good standing will have high-security encryption in place, so as to ensure that the players’ sensitive data does not fall in the wrong hands. Security information is usually listed in the casino’s footer or in a separate page. If you are still concerned about your safety, there are some methods such as prepaid cards and e-wallets in which you won’t have to provide any personal information to the casino.
Do I need to provide any documents to cash out?
In order for the casinos to remain compliant with anti-money laundering laws, players are requested to send over certain documents upon requesting to make a withdrawal. The requested documents would usually include proof of identity such as ID card or passport and proof of residence such as utility bill or notary form. Some casinos might ask for more information depending on their license and internal procedure.
Are casino deposit methods the same as casino withdrawal methods?
No, some methods are deposit only thus we recommend that you check the casino’s banking page to see whether your preferred method is an acceptable deposit and withdrawal method.
Is there a withdrawal limit?
Some casinos impose minimum and weekly and monthly maximum withdrawal limits. The minimum and maximum limits may differ from one payment method to another. This information is usually provided on the casino’s banking page.
Which currency can I use to deposit at an online casino?
This will depend entirely on the casino itself. However, common currencies including EUR, USD, CAD, GBP, NZD and AUD are almost always accepted at the top-rated casinos. Some casinos are also accepting cryptocurrencies such as Bitcoin, Lithium, Ripple, Litecoin and Ethereum.
Do I need to own a credit card to play at a real money casino?
No, you can use various methods to fund your casino account. Apart from credit cards, popular safe payment methods such as e-wallets, bank transfers and mobile pay can be used.
What shall I do if I have trouble depositing at a casino?
Top reputable casinos will have a number of ways in which players can contact customer support including live chat, contact form, email, phone and social media. The best casinos will have some form of customer support which is available 24/7, this is extremely beneficial especially for overseas players who are in different time zones.
Which casino banking methods offer instant payouts?
E-wallets such as Neteller, Skrill and Paypal and Mobile Pay are two types of casino payment methods which offer instant withdrawal