Online casinos have been very popular for many years already, and due to this, there are now hundreds of gambling websites. This has also created payment processing advancement, especially with the introduction of newer solutions such as bitcoin payment method casinos.
The choice on offer and the safety of such choice are among the most relevant things to consider while selecting a casino. The ability to make transactions in a safe and convenient manner can be a determining factor both for players in the long run and newcomers.
Gaming websites try to offer as many diverse payment methods as possible in order to be suitable for different users.
Here we will outline the most popular and reliable options and other even more innovative ones, declaring their advantages and disadvantages and overall suitability for online casino use.
Types of Payment Methods
An online UK-unlicensed casino aiming to be competitive should support many payment methods to cater to all players.
Generally, on a reputable site, we will have more than 10 and the main cards, cryptocurrencies, e-wallets, and bank transfers are supported. Reading information about this subject is one of the most important issues that we can investigate before registering on a new casino website.
Below is a short description of the most mainstream online casino payment options and their most mainstream examples for your convenience.
Credit or Debit Cards
Since they are convenient and practically every single individual has one, credit and debit cards are popular and can be widely accepted deposit and withdrawal methods in a casino.
It is as simple as entering the card details on the casino site and depositing to be able to use this payment method. The major card issuers are:
- VISA
- MasterCard
- Revolut
Bank Transfers
This is less popular now, though it is still one of the choices many casinos offer.
Some more "traditional" players appreciate the extra protection offered by this payment method since it is bank-backed, although banking transactions can take some time. The following are examples:
- HalCash
- iDeal
- Klarna
E-Wallets
E-wallets are now more widespread and used for depositing and withdrawing on internet gambling sites.
Many players prefer the added security of e-wallets, along with their anonymity and compatibility. Some of the most well-known are:
- Neteller
- Skrill
- MuchBetter
Prepaid Cards
Prepaid cards are also perfect for those who prefer anonymity, similar to e-wallets.
A casino account can be deposited with the buying of a prepaid card and entering its multi-digit code on the site while remaining anonymous. Some examples include:
- PaySafeCard
- AstroPay
- Neosurf
Mobile Payments
It is now very common to play at online casinos from our mobile phones, and as such mobile payments are a common payment method for people who enjoy playing on the go.
Some of the best-known providers are:
- Bizum
- Zimpler
- Apple Pay
Cryptocurrencies
Cryptocurrency deposits are the most private and have made a big impact on the iGaming industry.
Another serious factor is that cryptocurrency payments are among the fastest and cheapest, since in most cases they do not have processing charges. Examples of them include:
- Bitcoin
- Ethereum
- Dogecoin
Other Options
There are a couple of other less common options that are also worth considering as alternative payment methods for casinos. Some examples are:
- PayNearMe
- Vanilla Direct
- VIP Preferred
Online Casino Payment Options Comparison
As always when we talk about online casinos, we need to compare and discover what works best for our preferences. And for the payment methods, even better, since we all desire security but then there are some players who also value anonymity or transaction speed.
Basic Tips: Using Your Payment Method in Online Casinos
Casino payment facilities are one of the most important features for players, and therefore the operators must select the channels of deposit and withdrawal of their business with the utmost care and make the transaction-making process as convenient and simple as possible for the users.