Our guide is here to tell you all you need to know about using casino payment methods. We’ll discuss the pros and cons of each of the most popular casino payment providers and reveal important information about things like limits, fees and processing times to help you find the one that is most suited to your needs.
Plus with quick walkthrough guides to making your first deposits and withdrawals, you should have all you need to start gaming at one of these casino sites. For example, Silversands Casino payment methods are the fastest and the safest.
You will find that each online casino usually lets you make your real money deposits with a variety of different payment methods. Here are just some of the most common options:
It’s fairly common to be able to make payments via credit and debit card brands such as Visa and Mastercard at most online casinos.
These will let you make instant deposits with the highest levels of security. Just note that card withdrawals may be relatively slow and that you might not want to have to type in your long card number everytime you want to play.
More and more online casinos are accepting e-wallets such as PayPal, Skrill and Neteller. By using a casino with PayPal deposit facilities you can expect to make instant deposits, in a way that is seriously convenient.
It’s also worth noting that e-wallets offer you perhaps the fastest withdrawals around – rarely taking longer than 48 hours. Just note that ewallet payments do not always qualify for welcome offers at online casinos.
Lots of people choose to make their payments to online casinos with prepaid cards such as Paysafecard and Neosurf. The advantages of using an online casino with Paysafecard include the fact that you don’t need a bank account to make a payment and there is no need to input any of your own financial information.
However, you should weigh this up with the fact that prepaid card payments rarely qualify for sign up bonuses, as well as that you cannot make withdrawals with this payment method.
You should be able to make old-fashioned bank transfers at most online casinos. While these offer you a good amount of security, they are achingly slow, and it might take up to 10 working days for your bank transfer withdrawal to come through.
A growing number of sites like BC.Game will now only take payments in cryptocurrencies like Bitcoin, Ethereum and Dogecoin. Cryptos offer you the benefits of being able to make payments outside of your locale in a way that isn’t fixed to a national currency.
Plus cryptos often have faster processing times and lower limits than other payment options. Just note that there will be ‘gas fees’ involved, payments can be slow at times of increased network activity, and that you will be open to all manner of crypto scams.
Discussing payment methods might not seem like an obvious thing to do when picking an online casino. Chances are you will be weighing up whether to play those MyStake slots or the live dealer games over at Thunderpick.
However, your choice of payment method can have a big impact on how you play, and the following factors should be carefully considered:
Chances are that you will face a minimum deposit and withdrawal amount. This is why so many people are keen to find a $1 minimum deposit casino so that they don’t have to spend more than they want.
Some payment methods like e-wallets let you make instant deposits and speedy withdrawals, whereas the opposite is true for bank transfers. There are plenty of betting sites that accept Skrill and provide speedy transactions.
It’s fairly rare to be charged by an online casino for making deposits or withdrawals. Just check the site’s small print before you make your payments.
Remember that certain payment methods are available in some countries and not others. For example, people in Canada can use Interac and Instadebit, but might not be able to use the likes of PayPal.
By now you should have all you need to know to make a deposit at a real money online casino and make a speedy withdrawal too.
We’ve revealed that you should face multiple payment options when using any of our recommended online casinos, and that each of these should have their own pros and cons. So do your research, pick your perfect payment option and casino site, and start playing.
