Online Casino Payment Options Guide 2020 - E-Wallets,Cards & More
If you�re an avid gambler who�s trying to make the transition from gambling at a brick and mortar casino to gambling at online casinos, you have two things to consider; finding the best online casino to play at and online casino payment options to transfer your funds. Hence, in order to lend you a helping hand, our experts at CasinoTop10 have compiled comprehensive guides on the casino games which are widely available to play, lists of best casinos and online casino payment options which suit your personal banking needs. Read our online casino payment options page in order to find the one which best suits your needs.
ONLINE CASINO BANKING
Although banking online had been previously viewed with tremendous suspicion, today it emerges as one of most trusted, quickest and easiest way of transferring one�s funds. This in retrospect is due to phenomenal improvements that have been made by the various online money transfer companies. In truth, the online casino payment options that are currently available are so accessible to users from the comfort of your own home that you would have absolutely no reason to go to a bank and have to wait in a long queue just to transfer funds to your preferred online casino. Online banking methods that are widely accepted include; credit/debit cards, such as Visa Electron, American Express and MasterCard, and e-wallets, such as PayPal, Skrill, and Neteller. However, you�ll also manage to find other online casino payment options which are better for you to use, as they might actually allow you to transfer funds using a particular currency instead.
TRANSFERRING FUNDS AT CREDIT CARD CASINOS & DEBIT CARD CASINOS
Sending money to online casinos via credit or debit card is profoundly easy. There are various well-reputed cards that have proved that they are secure to use over the years. These include; Visa, MasterCard, and American Express. Hence, if you choose to use one of these cards all you have to do is navigate to the payment page and fill out the relevant card details which are specified by the fields on the page. After submitting your payment, the funds should be available in your online casino account instantly. Nonetheless, if you�re opting to use one of the credit cards mentioned you should note that transactions usually carry a charge of between 0.8% to 1.3 %.
POPULAR CREDIT/DEBIT CARDS THAT ARE ACCEPTED AT ONLINE CASINOS:
1) VISA
As the first credit card which suited all types of purchases that could be made online, Visa has managed to maintain its status as the largest and most successful payment method network across the globe. One of the benefits of using Visa is that it�s accepted at almost every online casino, so in hindsight, your Visa card will almost never get declined. Thus, if you don�t mind using credit cards to affect your online transactions, the Visa card might just be your card of preference when making deposits and withdraw from online casinos. Interested in making Visa your credit/debit card of choice to deposit and withdraw funds from your online casino? If your reply is yes, then we recommend that you definitely have a look at our full review on Visa Casinos.
2) MASTERCARD
Evidently, Mastercard emerges as Visa�s greatest competitor in the credit card industry. The payment method is widely accepted at the majority of the casino sites on the web and continues to establish itself as one of the online casino payment options which are most reliable and accepted at most online casino sites. If you�d like to use MasterCard to transfer funds to and from your selected online casino, we highly urge you to have a look a one MasterCard Online Casinos review.
3) AMERICAN EXPRESS
As a first-class credit card, American Express has long maintained its standards as a well-reputed online payment method. However, as it stands Amex is offered at only a few online casinos. This is due to the strict legislation regarding online gambling in America. Read through our full review of American Express Online Casinos which has been compiled by CaisnoTop10 �s expert staff for more information.
TRANSFERRING FUNDS VIA E-WALLET AT EWALLET CASINOS
E-wallets are by far one of the most popular payment methods the digital world has to offer. Their selling point is the fact that on creating an account you as a user are able to store all your card information safely and conveniently. Therefore, if you have more than one card, you�ll be able to save your card information on the digital banking method and use the data of the respective card you�d like to use once you�ve selected the e-wallet you�re utilizing as a payment option. Here on CasinoTop10, you�ll be able to find various e-wallets to use. All the e-wallets you�ll be able to find as the online casino payment options have all been tried and tested by our casino experts. You can read their comprehensive reviews in order to determine which system is best for you to use. These E-wallets include PayPal, Neteller, and Skrill, among others; such as Qiwi, which is mainly used by people residing in Russia.
POPULAR E-WALLETS THAT ARE ACCEPTED AT ONLINE CASINOS:
1) PAYPAL
Perhaps the most well-known e-wallet across the globe, PayPal has managed to maintain its client base for years. It�s highly trusted by North Americans, Europeans as well as other customers all over the world. The payment method was purchased by the large online marketplace eBay back in 2002, which led the company to be dubbed as many people�s payment method of choice. Although it�s found at a diversity of online casinos, Neteller and Skrill as online casino payment options seem to be found more at online casinos. Provided that you�re interested in using this fantastic e-wallet, we recommend that you read through our comprehensive PayPal Casinos Review which features the payment option�s pros and cons.
2) NETELLER
As a global giant in the online payment service industry, Neteller emerges as the most successful start-up payment method. Neteller has long been linked with the gambling world handling fees associated with online casinos, sports books as well as poker rooms. In 2005, the company handled over 80% of the online gambling cash transactions which led the company to be forced to pay around $300 million in fees in order to get out of trouble with the United States Department of Justice. However, since then the company has migrated to the British Isles and diversified and has even sought to partner up with MasterCard on prepaid cards. Although the company does not rake in as much cash nowadays, Neteller has retained its presence as one of the largest and most widely available payment methods on the net. However, nowadays Neteller chooses to stay out of the US market these days. If you�re interested in using Neteller as a payment option, you should definitely read through our Neteller Online Casinos Review today.
3) SKRILL (MONEYBOOKERS)
Formerly known as Moneybookers and founded in 2001, Skrill emerges as the number one rival to Neteller in the online payment service industry. The company is regulated by the Financial Services Authority (FSA) of the U.K. Hence, it�s one of the most secure electronic payment services you�ll come across on the web. Throughout the years, the global payment service giant has also bought out a few European Competitors. If you�re looking for a payment option to use, the e-wallet Skrill is by far one of the most popular and convenient payment methods out there. It�s found as an option on far more online casinos than Neteller or PayPal. Interested in Skrill as a payment method? If your answer is yes, you should read the full Skrill Casinos Review our experts have compiled.
4) ECOPAYZ / ECOCARD
The widely accepted payment method EcoPayz, which was founded in 1999, offers various financial services. This particular e-wallet offers its users all the typical functions any regular e-wallet offers with the added bonus of being able to withdraw funds directly to your prepaid debit Card, known as the ecoCard. The card can be used to transfer funds to family and friends as well as companies you�d like to purchase an item or service from and is certainly no stranger to the iGaming industry. The payment service offers its support in 7 different languages and transfers can be done by using any of the 45 currencies available. Interested in using ecoPayz? If your reply is yes, we strongly urge you to read CasinoTop10�s EcoPayz Online Casinos Review today.
OFFLINE BANKING AS ONE OF THE ONLINE CASINO PAYMENT OPTIONS AVAILABLE
If you find that you�re still wary of transferring funds online, then you needn�t worry as it�s not the only payment option available. In fact, you can choose to put money in your account by going to a bank instead and asking the bank clerk to transfer the funds for you if you feel more at ease.
Offline payment options include bank wires, checks, and bank drafts, but also include Western Union and Moneygram, which were created for people who feel more content transferring money in this manner. Despite the fact that the process is more of a grueling one, the only thing you�ll have to do to affect your payment is visited a financial organization or bank, provide the cash to the bank clerk and wait for the money to show up in your online casino account.
Nonetheless, we at CasinoTop10 still recommend that you keep an eye out when using an offline banking option, to see that money is being transferred without any foul-play involved when using an intermediary. Hence, before you visit a bank or financial organization, it would be best to write down all the details of the online casino you�ve chosen which seem to bear some importance. These, of course, include; the name of the online casino, its account number and any other information you see fit.
Unquestionably, the major problem with this method as one of the online casino payment options is the time it takes to actually carry out the task and the inconvenience which players have to go through to find a financial outlet. However, when considering the factors, using offline banking to transfer money to an online casino, it would still be if profoundly cheaper as a payment option than if you had to spend money to travel to a land-based.
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