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E-Wallets Casinos - Online Casino E-Wallets Payments

E-wallets are currently where it's at as far as online payment goes, and not just for online gambling. E-wallets are now the fastest growing online payment method and there are a number of reasons why this is. Read on to find out more.

General Information

So how do they work? Well, basically they are an online account into which you can pay money and from which you conduct all of your monetary transactions online.

The reason they have become so popular is that they are a much needed safety buffer between your account and the business you are trying to deal with. They mean that your personal information is completely safe and that you are fully protected from fraud.

And since they work so well you will notice that almost all online businesses accept payment from them. Also you only need to have as much money in your e-wallet as is required by your next purchase so that is an added piece of mind in using them.

There are a variety of e-wallets to choose from today, some of the most popular ones are as follows: Paypal, Moneybookers, Click2Pay and Neteller. The number of reputable e-wallets out there are an indication of just how popular this method of payment online nowadays.

Different E-Wallet companies

How It Works

Using an e-wallet couldn't be simpler. You simply open an account with the e-wallet of your choice; this involves supplying them with your personal details including an valid debit or credit card. With this done you can begin to make purchases online through the e-wallet you have signed up with. The great thing is you only need to use your e-wallet login name (usually your email) and password and the transaction will go through. The company you are doing business with charges your e-wallet and your e-wallet charges your credit or debit card.

Advantages of Using E-Wallets for Online Gambling

  • With an E-wallet your deposits to and withdrawals from your online casino player account could not be easier and simpler.
  • You do not need to enter and re-enter your banking information when conducting a transaction with an e-wallet and this is especially useful to online gamblers who are frequently topping up their player accounts.
  • Your personal details are completely safe, the payee never even sees them, all that is shared by your e-wallet is your name and email address.

Advantages of Using E-Wallets for Online Gambling

E-wallets look like the best method possible for conducting transactions online however there is a catch. With the legality of online gambling varying wildly from region to region, and overall sketchy at best not all e-wallets are willing to make payments to online gambling websites. The best way to check is to see which e-wallets your favorite online casinos do accept.

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