The Best Payment Methods that Online Casinos Offer
Technology has made gambling easier and more accessible. Nowadays, you no longer have to travel to casino hotspots like Las Vegas and Atlantic City to be able to play quality casino games. You can now do this at home or even while you’re on the road with your mobile device as long as you are connected to the internet.
This is why more and more people are getting into online gambling. It’s generally cheaper because visiting a casino establishment could lead to other expenses like food and drinks. However, more people are getting into online gambling mainly because of convenience. It’s so easy and even fast.
Part of this convenience is that they get to transact easily with an online casino. Reputable online casinos for US players nowadays would offer different payment methods to their customers. Plenty of gambling sites offer so many payment options that it’s sometimes hard to choose. Whether you’re new to online gambling or not, you should know what your choices are and what would work best for you. Here are some of the best and most common casino payment methods online that you can choose from.
Credit/Debit and Prepaid Cards
This remains one of the most commonly used payment options for any transactions online. It’s easy because you only need to input your card information and most of the time, transactions with these cards are processed in real-time.
It’s common for casinos or other platforms to charge a convenience fee for card payments. This is why make sure that you’re aware of how much it will be if this is your choice. The most popular credit/debit cards that are accepted at online casinos are Visa, MasterCard, and American Express.
Now, some people do not want to use their cards that are linked to their banking and if you’re one of those people, what you can instead is to use prepaid cards.
Another common payment method used online nowadays is the use of e-wallets or digital wallets. It sounds exactly like it is. You have to create an online account or wallet where you can store your money digitally. This works best for people who have multiple cards as digital wallets allow you to cash in with different cards and store all your card information in just one account.
Some of the most popularly used digital wallets at online casinos right now are PayPal, Skrill, Astropay, EcoPayz, and Neteller. What’s also great about digital wallet platforms is that they have user protection programs. This means that if you encounter any problems with your transactions, you can also dispute it with them.
In the last few years, there was also a rise in cryptocurrency gambling. Using cryptocurrencies in gambling is kind of like using digital wallets as well but you’re using digital currencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and many more instead.
For cryptocurrency transactions, you just need a wallet address. And so, you will also need to create a cryptocurrency wallet where you can store your cryptocurrencies. Transactions with Bitcoin and other cryptocurrencies are also usually processed in real-time. This option is becoming more and more popular that there are now online casinos that specifically cater to Bitcoin or other cryptocurrency users.
While digital transactions are usually the easy way to gamble online, there are still people who prefer transacting offline. If you’re that person who is still hesitant about online transactions, what you can do is look for online casinos that allow bank wires, sending checks, and bank drafts.
Aside from those, you may also have the option to go to Western Union and MoneyGram shops. Just know that offline transactions might take longer to process than online payments. You do have to go to the bank or shops to be able to deposit to your gambling account and that might mean lining up and signing out forms.
Other known options that you still can choose from include pay by phone casino deposits and mobile payments. For a pay by phone option, usually, you will also have to pay a convenience fee for this. A third-party service provider might have to process your pay by phone payment. This could be a transaction that is processed in real-time, but there are times that you will have to wait for a few hours or even a day or so for your money to reflect on your gambling account.
For mobile payments, think of using digital wallets but you can only use mobile apps or an app that you can only access with a mobile device. Examples of this are Zimpler, Boku, and Payforit.