When you want to play at an online casino, you don’t necessarily want the transaction showing up in your bank statement. What you do in your private life is just that – private. So, while you can often use traditional payment methods such as Visa or Mastercard, there are other options besides these which are easier to transact in too.
So, let’s now consider a few of the payment options accepted by online casino operations.
Debit Cards
Using a debit card to pay for funding an online casino account is a pragmatic approach. You can only add credit to your casino account based on the available funds in your bank account. Therefore, it provides a good limiting factor to how much you can wager.
Cards that support Visa, MasterCard, Maestro Debit, and Electron (from the more basic bank accounts) are usually fine in the UK. Getting a card accepted by the online casino is another matter through. Some countries have online casinos that are less accepting than others. And the card issuer doesn’t always accept gambling transactions either.
Credit Cards
Credit cards are still the most common payment method when playing at online casino sites. It’s reasonably controllable because of the credit limit. Companies that issue the card are comfortable with the credit being made available.
While Visa and MasterCard still hold supreme, other options like American Express are sometimes accepted to place deposits in a casino account. However, some banks restrict the use of credit cards to pay for gambling accounts. In which case, while the casino may technically accept this payment option, your bank may not permit it.
Prepaid Cards
Prepaid cards are a useful alternative to debit or credit cards. The idea here is that they’re used similarly, but you fund the balance on the card first, so there’s no borrowing involved. For people who lack an e-wallet option like EcoPayz or PayPal, and don’t have an acceptable credit card, this might work instead.
AstroPay, Paysafecard, and EcoVirtualCard are just some of the prepaid cards currently in circulation and the list of providers continues to grow.
ecoPayz
ecoPayz is a leading e-wallet solution that has gained a large following. Certainly, the fact that you can work with up to 45 currencies for depositing funds to an online casino account isn’t lost on users.
In North America, this newer payment method is gaining ground. And for a casino accepting ecoPayz in the Canadian market, it’s a breeze. Their customers are asking for it, which is increasing its availability as a convenient method of deposit. It also has greater flexibility in use than some other, larger e-wallet providers.
PayPal
PayPal is the e-wallet solution that many people are most familiar with. They’ve been around for decades and so it’s a brand that is trusted.
However, it may surprise you to learn that they don’t lead when it comes to gambling deposits. Also, some requirements from PayPal include that online casinos can only be paid through their system if they’re regulated in the appropriate country (usually in the same jurisdiction as where the PayPal account originates). The online casino must be appropriately licenced too.
Skrill
Skrill, which for many years was called Moneybookers, isn’t as popular as PayPal, but it’s a good backup option. The change of branding continues to confuse people who were familiar with the original name, so it still gets mentioned as “Skrill (formerly Moneybookers)” a decade later. However, the system works much the same as it always did.
Inexpensive money transfers are possible through Skrill. They do accept gambling transactions at this time. Also, other online payments in participating countries are allowed as well.
EcoCard
In terms of popularity, EcoCard is right up there as an e-wallet payment method.
The flexibility of use, access to multiple currencies to send a deposit in, and its availability across Europe and in Canada too are just some of its attractions.
Due to how many people use EcoCard, it’s considered safe for general use and gambling deposits as well.
Neteller
Neteller was usually the first e-wallet payment method anyone saw with online casinos when wishing to fund an account.
It continues to be available and is most often one of the e-wallet options. For people who are familiar with it and have happily used it for many years, they may see little reason to change that. Nevertheless, it’s a good idea to have alternative e-wallet accounts open because they often bring greater flexibility, additional available currencies, and other desired features.
When making deposits to an online casino, you can start with a potential debit or credit card payment. If your card issuer won’t accept gambling transactions (or you’d rather keep these transactions away from their eyes) then it’s necessary to look elsewhere. Certainly, prepaid cards have their place and are more amenable. However, e-wallets for flexibility, greater privacy, and wider acceptance of the deposit transaction are highly desirable payment methods in their own right.