ONLINE CASINOS DEPOSIT METHODS - CASINO PAYMENT OPTIONS
Central to your online gambling experience is the ability to deposit fund into your account and then receive payments when you choose to withdraw your deposits. Over the years this has changed a great deal with many governments trying to restrict the payment processing for online gambling. As a result many casinos will have a preferred payment method which suits them best, if you choose this method you are likely to receive a thank you bonus from the casino in question.
What are the most popular payment methods?
Credit cards are the oldest casino deposit methods. Because we are so used to using them in everyday life they are more convenient for most players and give them adequate protection. However many credit card companies have now stopped processing payments for online gambling. This is as a result of the U.S government pressuring them to withdraw support for these types of payments in their efforts to outlaw online gambling.
Debit cards are almost identical to credit cards, the only difference being that the funds are directly deducted from your checking account rather than being owed to a credit card company. They usually bear the same logos and are accepted everywhere that credit cards are taken. As a result all the casinos that have been affected by credit card companies refusing to process online gambling payments are also unable to take debit cards.
The e-wallet is the way of the future as far as many industry analysts are concerned. They are also now the fastest way to make and receive funds in the wake of the credit card companies not processing transactions. They are also very safe and provide their customers with protection against fraud. Basically what they offer is a buffer between your bank account and the companies you are dealing with. They make the payments on your behalf and accept payments for your winnings.
Bank transfers, directly from your bank account are among the oldest methods of payment. They are simple and easy to use but do not have the same level of fraud protection as compared to other methods. Also by and large this method has a delay period as the bank processed the transaction.
Find the deposit method for you
Payment and withdrawal methods don't tend to get much of a mention in the online gambling press but we do recommend that you look into them as they will determine the speed of the transactions you will be conducting (both payment and withdrawals), in addition to this your level of fraud protection changes from method to method, and also the cost per transaction (if any) also ought to be researched.
Once you have made your decision after having conducted your research you can then apply this logic to the online casino you will choose to play with. Our advice has always been to make sure that you thoroughly research every aspect of the online gambling environment and then narrowing all these options down until you get to the few casinos that tick all your boxes. If you are going to do this then the payment methods are the first box an online casino should definitely be able to tick before you register with them.