The expansion of the online gambling sector has been exponential in recent years. As the industry grew, so did the need for trusted payment methods to fund online casino accounts. Regulators and operators in the industry are focused on the safety and security of its users. If a website is not safe to transact on then players will not return or recommend the website for future use.
Several payment methods are now available for players to make use of when enjoying games and winning on your favourite online casino. However, players need to make sure to check which payment methods are available on specific online casinos as well as check with the bank if depositing to an online casino is allowed.
Safe and secure transactions
Some of the safest and most popular payment methods are the ones you have used before to pay for your groceries or a cup of coffee at your local café. You should be able to make deposits using your credit or debit card, make a bank transfer, pre-paid card as well as eCheck.
An eCheck is an electronic check linking your bank account information through a 3rd party processor directly to the online casino. This works similarly to the way banks process traditional cheques for payment. There are a few eCheck casinos for you to choose from and if you have checked out which online casinos are available to you, then you may have come across the likes of Jackpot City, Golden Tiger, Zodiac, Royal Vegas, Ruby Fortune and Betway Casino, to name a few. Whichever eCheck casino you choose, make sure to check the withdrawal options as well. In most cases, you will not be able to withdraw your winnings via the same method. Some online casinos even offer a deposit bonus when using eCheck, given that is easy to use and your fund will show up in your player account nearly instantaneously.
Visa debit, credit and prepaid cards should be available from most banks and accepted by most online casinos as well. Everyone has seen a Visa logo at many stores and on online casino payment method pages. These payment types are easy to use and accepted on most websites all around the world. In most cases, your Visa card can be used to deposit and withdraw from online casinos.
Citadel Commerce is a third party processor that offers the customer and merchant the necessary level of protection when transacting online. This financial institution provides all that you need to deposit your cash into an online casino account even with the use of eCheck for your convenience.
Another name that is popular and recognized for its safety is MasterCard. Available and accepted internationally and easy to obtain and use. Keep in mind that in many cases, MasterCard does not allow you to withdraw your winnings, so check your casino’s payment page to make sure.
Additional payment methods
There are a few more payment methods that you may be interested in, because depositing real money into your player account may feel like a safer option.
InstaDebit, also known internationally as iDebit, is one of the payment methods that allow you to link your bank account to the online casino to make a direct deposit into your player account. It allows you to deposit and withdraw funds from your account as well. Furthermore, it runs additional checks to confirm your identity and banking information before any transactions are authorized.
Another popular payment method is the PaysafeCard; it is a pre-paid card that can be topped up at any time to make online transactions easier.
Finally, we have Interac, which offers direct debit payments to fund your account. The payment method has been around for more than 30 years and is sure to be a safer option for most.
Online casino terms and conditions
When selecting a payment method, be sure to check what the online casino’s payment page states. To make sure you are focused on enjoying your experience instead of having to worry about whether or not your money is safe. Take your time to find out what works best for you and gather the relevant information on your banking institutions as well before you start placing your bets.