As the popularity of online gambling and casinos continues to rise, so does the importance of providing customers with a range of gaming options, rewards, and safe and secure payment methods. Just as players are becoming more selective regarding gaming options and special incentives and jackpots, they are also growing increasingly familiar with various methods of deposit and withdrawal. Now, players can look forward to even greater convenience and security as the payment landscape continues to advance.
Although the process of choosing the best casino payment method may appear to be an easy one, it can be tricky, especially when deciding which online casino deposit works best for you. To help you decide, we’ve put together some of the most popular payment methods that are currently used by players in virtual casinos such as KingCasinoBonus, where according to internal data, a full 7 percent of the site’s users opt to register directly with casinos accepting Boku, a casino payment method based on mobile billing.
First and foremost, you’ll want to choose a payment method that will move money in and out of your account – safely and securely – when you want it. In your search, you’ll find that certain payment methods are more appealing than others as they not only providing safety and anonymity, but also offer faster deposits and withdrawals, lower fees, if any, potential incentives/bonuses, and useability.
Payment Methods
Credit & Debit Cards
Debit and credit card payments are one of the top casino payment methods, with their pros being convenience, ease of use, and instant transaction speeds. Visa and MasterCard are the most popular payment methods in the US and are the most widely accepted casino payment methods, while Discover card is also a common casino payment method, as is American Express (Amex), however, it is used less as a withdrawal method and more commonly used as a deposit method. The best ting about credit and debit cards is most people already have them. That being said, be sure th ecard you choose aligns with your specific online casino needs.
E-Wallets
Another good deposit option for online gamblers is an e-wallet, commonly known as digital or mobile wallet. This digital payment is similar to a debit card in that they both provide secure and convenient transactions and can be used to make purchases online and in physical stores. E wallets do, however, have some features that debit cards do not, such as contactless payments and the ability to store more than one payment method. They also usually offer speedy processing and low fees with use.
Skrill and PayPal are both good examples of e-wallets. With the former, funds can be added to your account without being charged like you would using a credit card. Moreover, you don’t have to worry about any possible bank restrictions when using Skrill. As for the latter, it is a market leader, allowing its users to add and withdrawal their funds minus the headache of dealing with a bank’s regulations on gambling. You will want to be sure that the e-wallet deposit method you prefer is available to you where you’re located and be aware of any daily/monthly limits on deposits.
Bank Transfer & ACH
Another secure method of depositing your money into an online casino account to fund your internet gambling is by bank wire transfer. However, bank transfers on average take longer than 24 hours for processing. Depending on the online casino, your bank transfer could be processed within two hours or as many as three days or more. Another often-used payment option for players is electronic check, or e-check. Besides being very secure, e-checks are simple to use, you’re not likely to be charged a transaction fee by your bank, and withdrawal limits are usually higher.
Important First Steps
Before making a final decision on which internet casinos to play, be sure you have familiarized yourself with a casino’s deposit and payment methods to ensure it offers the option that best suits you and is a reputable brand. Guides like this one introduce you to some of the various options you can choose from to safely add funds to your online casino account.