Top Banking Methods at Online Casinos

Having plenty of different banking options is undoubtedly one of the key aspects of all online casino players. It’s very important to know what currencies are accepted, what amounts can be used, or what casino payment methods are supported for making deposits or withdrawing winnings.

There are many different accepted payment options and supported currencies players can choose from at the best betting sites we recommend. We shall take a look into some of the most popular options to introduce them better to our players.

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POPULAR ONLINE CASINO PAYMENT OPTIONS FOR MONEY TRANSACTIONS

The topic of money transactions and banking methods at online casinos still seems confusing to many players. Some users may feel comfortable giving out their credit card details online, whereas others may have reservations regarding their personal information. This is where all casino players, including both savants and newbies, need to know what types of methods are supported in order to fund their casino accounts. So, basically, there are 3 types of available casino payment methods: e-wallets, bank cards (that can be credit or debit type, prepaid cards), and fast bank transfers by 3rd parties.

E-WALLET OPTIONS FOR REAL MONEY BETTING

An e-wallet service gives you the option of transferring your money through the internet without having to provide any of your credit card details away online. For obvious reasons, many players truly appreciate the anonymity of this kind of service and it is a popular choice across the board for most. There is a vast array of e-wallets available but the most popular ones amongst players are Skrill, Neteller, and ecoPayz.

Skrill

Skrill is a money transfer business supporting over 40 different currencies, and one of the most popular e-wallets in the world today.

Neteller

Create an account on Neteller website and deposit funds safely from your bank account. Once the money has been deposited, use the balance for payments online.

PayPal

Link your PayPal account to your bank account, debit, or credit card, and make deposits and withdrawals instantly.

ecoPayz

ecoPayz is a prepaid payment provider popular amongst players as it’s a comfortable way to make any online casino payments, including real money deposits.

Cick2Pay

Click2Pay is an e-wallet service that provides instant transfer of funds from one account to another or to third parties. The third-party payment option can be funded using various means.

PREPAID CARDS

This online payment method is based on a prepaid voucher system. The users of this payment method for online casinos only need to use a PIN code to transfer money or make a deposit. In other words, there is no need to set up an account or input any personal data (although registered users may enjoy more favourable conditions and dispose of larger sums of money).

Neosurf

This online payment method is based on a prepaid voucher system. The users of this payment method for online casinos only need to use a PIN code to transfer money or make a deposit. In other words, there is no need to set up an account or input any personal data (although registered users may enjoy more favourable conditions and dispose of larger sums of money).

PaySafeCard

PaySafeCard is a card with different denominations of the cash up to $100. Use your card online with the 16-digit pin and there will be no need to part with personal or bank card details.

UPay Card

Upay Card is a reloadable prepaid card banking service that provides VISA-type cards to customers. It works like an e-wallet that allows customers to make payments online quickly by using a mobile phone, tablet, or computer.

CREDIT CARD PAYMENTS AND BANK TRANSFERS

This is one of the favourites amongst many online players. This way does not require you to start a new account as you can merely use your already existing credit or debit card details, which many see as the easy step to take.

Bank transfers popular method of payment amongst casino players. This casino payment method allows you to deposit money into your casino account directly from your bank account, as you would when paying anything else directly via an EFT. It is very understandable to see why people enjoy this option and hence why most online casinos support this method of payment.

Visa Debit

Visa Debit could be called one of the oldest and most reliable ways to proceed with all online payments. Online casino members can process both deposits and withdrawals without any hidden fees.

Mastercard

Mastercard is a popular and extremely accessible payment method in the world of online casinos.

American Express

American Express also known as Amex is another well-recognised brand that provides banking solutions and credit cards. The company provides its services globally, so many online casinos offer the possibility to choose American Express as the main option to make payments, including deposits and withdrawals.

Wire Transfers

Wire Transfers include money transactions made from any other bank account you have, however, keep in mind that wire transfers take the longest time to proceed and your bank could apply some additional fees.

VIRTUAL BANKS AND THIRD-PARTY PAYMENTS

Recently, online banks became a very popular way to manage personal finances and make easier money transactions. One of the main reasons why people prefer this type of bank instead of the traditional ones is lower taxes. It’s simple: online banks don’t need to maintain premises, have less employees, and don’t spend too much on advertising, which leads to significantly smaller fees. Also, online banks allow the users to manage their financial operations on the app; so naturally, the verification processes are easier.

There is no need to link the online bank to the traditional bank account, and that is how virtual bank payments are an amazing way to make deposits and withdrawals at betting.

Poli

The unique online payment method to make payments fast and safe. Players need to register at Poli and provide the bank details to proceed with their payments in just a few clicks.

Entropay

Entropay is a third-party online transaction service provider. The company offers bank transfer services and virtual Visa cards – that’s why these services are called “high-performance online payment solutions”.

American Express

Instadebit is an electronic transfer processor that allows its clients to make online payments easier by using funds from their personal bank accounts.

Western Union

Western Union is a worldwide known money-transferring service that can be used to send money to any other bank account or to make some types of online payment and funding the player accounts of online casinos is definitely one of the great ways to use this payment service provider.

MOBILE PAYMENTS

These are the payment tools linked to your mobile device and they operate thanks to a technology called NFC. Sometimes, mobile payments are also called mobile wallets, because it works by the same principles. A user needs to download an app, create an account and put some money there to be able to make a transaction. Mobile payments can be used not only online but also to pay at shops, restaurants, or even on a cab.

Apple Pay

This mobile payment method is well-known for iOS users. It allows you to make transfers of money from your bank or mobile payment account and make a deposit to an online casino. This payment method is extremely safe as a new password is required every time when the transaction is requested, also it is very convenient as many online casinos accept it.

Google Pay

This is a very similar mobile payment method but is dedicated to Android users, more in particular. Google Pay is used by online casinos across the world as it’s a trustworthy and convenient way to fund a player account. It works as an app where you need to create your account, so every transaction is already verified.

Revolut

No introduction is needed for this virtual bank as it is worldwide famous and available since 2020. Revolut works similarly to Klarna: you need to download the app, create your account, add some money to it, and here you are good to use it to make deposits or withdrawals at your favourite betting sites. Every transaction needs to be confirmed by a user, so it’s safe and fast.

BPay

BPay makes the money transfers way faster and less complicated. All the user has to do is to create an account, link the new BPay account with the regular bank account, and enjoy the instant money transactions at BPay online casinos.

ONLINE CASINO PAYMENTS IN CRYPTOCURRENCIES

Cryptocurrencies are one of the most popular (and fastest!) payment options at online casinos right now. They are a quick, secure, private, and very efficient way to fund an account or withdraw your winnings. It would be difficult to know exactly how many different cryptocurrencies are circulating around the globe now, but the most popular at betting sites are Bitcoin, Litecoin, Ethereum, and Dogecoin.

However, this method is quite different from the rest. Here we picked all the top online casinos where players can proceed with online payments in cryptocurrencies.

Bitcoin (BTC)

The first worldwide popular cryptocurrency that is liked by millions of casino players. Bitcoins are the perfect option to fund casino accounts because it ensures anonymity and there are no extra fees applied.

Bitcoin Cash (BCH)

This is another type of cryptocurrency made a more convenient version of Bitcoins. Bitcoin Cash is 8MB block size and has a smaller purchasing power, but BCH also applies Smart Contracts.

Ethereum (ETH)

This cryptocurrency was invented later than Bitcoin but users found its pros very quickly, so now ETH is widely accepted by many online casinos. Users love this cryptocurrency as it’s easy to use and there’s a lower risk of inflation.

Tether (USDT OMNI)

Tether is called to be one of the most known stablecoin with an exchange rate of 1:1 to the US dollar. This cryptocurrency is pegged to fiat currencies (USD primarily and EUR), so it is easier for the new users to understand the value and proceed with the payments.

VARIOUS WITHDRAWAL OPTIONS FOR CASINO WINNINGS

In the same right, there is also a plethora of different withdrawal methods available for all to make use of when playing at online casinos. However, before discussing those, there is a topic that all players need to be aware of.

ONLINE WITHDRAWAL LIMIT

A withdrawal limit is another confusing aspect for many players as it varies according to the T&Cs of every casino and also according to the banking method. This is a system that allows you to only withdraw a certain amount from your casino account either on a weekly or monthly basis. Be sure to take a look at the casino’s withdrawal limits before you get a surprise when trying to withdraw the millions you managed to make.

GENERAL SAFETY AND SECURITY TIPS FOR PAYMENT OPERATIONS AT ONLINE CASINOS

Making a money transaction at some shady casinos can be a harrowing experience. The variety of casino payment methods may be limited, only giving you a handful of unsafe selections. Casino Informant has put together a shortlist of tips for all to follow when banking at their online casino of choice:

  • Choose to register only at decent and authoritative casinos from our list of recommendations;
  • Always keep your information safe;
  • Be sure that whatever online casino you choose to play at has 128-bit encryption – this is a stock standard security measure by the Facility Security Plan (FSP);
  • If using a certain e-wallet, be sure that the casino of your choice supports the e-wallet you have chosen.

Furthermore, if the casino you are taking a look at does not carry the eCOGRA stamp of approval, this is not an institution you wish to get involved with. eCOGRA is an institution that independently audits of casinos and online pokies pages and makes certain that their gameplay is fair, their customer service is top-notch and all other various areas of the casino are above board. Be sure to follow the above tips and you shall be ready to play securely in no time!

TOP PAYMENT SERVICES FOR CASINO PLAYERS

Making a money transaction at an online casino is simple and easy, with many different options for every player to choose from. If safety is your concern, you have no need to worry, as you’ll be provided with the safest and most secure casino payment methods for both placing deposits and receiving withdrawals. These pokies and casino sites are regulated and licensed by known establishments; therefore, they are perfect for players who like to have fun while playing real money pokies or any other casino games.

Here are just a few casino banking methods that are extremely popular amongst players. If you haven’t tried them yet, have a look to learn more and start making your online money transactions easier from now on!

FREQUENTLY ASKED QUESTIONS

Usually, yes but it depends on the policy of the service provider. If the chosen payment solution is suitable for both depositing and withdrawing money, you can use it for both purposes. If not, players always have the option to withdraw with one method and use a different method to deposit money.

At our recommended casinos, you can make all the payments including deposits and withdrawals in USD even if the internal currency is different.
Usually, yes. However, it depends on the online casino and payment service provider. Most of our recommended casinos accept payments using the most common cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Dogecoin, etc.
The exact amount of time depends on every provider of money transaction service and how long it takes for an online casino to confirm the payment. Usually, money transactions are procced immediately right after the casino confirms it. The slowest payment method is bank transfer and it might take up to 5 working days.
Yes, if you choose a reputable casino site that follows the regulations and ensures fair gaming. All casinos from our list of recommendations take the security of players as the top priority, so it is absolutely safe to provide your ID documents and deposit money there.
The fastest and easiest way to make a money transaction at betting sites is using cryptocurrencies. However, other popular methods such as e-wallets, mobile payments, or pre-paid cards are also very fast and convenient and the transactions are completed immediately or in a matter of hours.

At our recommended casinos players can choose from many popular payment methods such as Visa, Maestro, Mastercard, Neteller, Skrill, PaySafeCard, ecoPayz, Bank Transfer, Neosurf, Virtual Credit Card, Bitcoin, Litecoin, Ethereum, Dogecoin, and many others. Every online casino can provide different payment services, so always check out the Banking page to be sure what options are available to you.

Yes, it is possible, but we don’t recommend playing at such betting sites. Bear in mind that if it’s not mandatory to provide your ID documents before making a deposit to fund your account, then the casino will ask you to prove your identity before confirming the withdrawal. There are some betting sites where players can make money transactions and place bets without revealing their identity, but it is risky.