Online Casino Payment Methods

Being able to deposit and withdraw safely and securely at an online casino is one of the most important things for any online casino player. There are a variety of different payment methods that can be offered. Some methods will let you deposit while some will let you withdraw. There are of course an increasing number of payment methods that will allow you to do both.

• Online Casino Payment Methods Bill
• Online Casino Payment Methods For Real
• Online Casino Withdrawal Methods

Some casinos will give you so many payment options that you might get confused as to which one to choose. Don’t worry! We’ve got you covered with this guide. All that you need to know about the most popular payment methods will be written right here.

We tried to choose the most popular payment options that you might be likely to select as your preferred payment method. Whether you’re a first time player or a professional gambler, one of the first things that you need to decide is which payment method you will use. Read our guide to find out more.

Credit and Debit Cards

The casino never sees your bank details and it is an encrypted transaction. ECheck is a good example of these types of online payment services. All of these three online payment methods provide a secure and confidential means of increasing the credit in your player account. Below are the most popular online payment methods at casinos. Some of the best online casino payment methods are: NETELLER, Skrill, PayPal, Credit Cards (such as MasterCard, Visa Card). Usually, all or at least most of fast payout casinos are accepting mentioned payment methods. “If possible, try to use the same deposit and withdrawal method to boost the withdrawal process.

Credit and debit cards are two of the most popular payment methods used by online players. This is due to the fact that almost everyone is in possession of either one and it is quite easy to use. All you have to do is grab the card from your wallet, enter the details of the card and you’re good to go.

These payment methods are not the fastest out there when it comes to withdrawals. It is known that e-wallets process withdrawals faster. However, with the fast deposits, the cards get the job done, and you don’t need to adjust yourself to a new method as you’re already used to it in your day to day lifestyle.

American Express

A big name in the online payment industry is American Express, also known as AMEX, and it is used by many gamblers all around the world. In the online casino world, this payment method is supported by a number of online casinos. Online casinos that accept American Express as a payment method allows players to make safe deposits within minutes. Players can also withdraw at any time with no extra hassle.

Players can also download the AMEX app, available on iOS and Android, which helps them stay on track with their savings.

Visa

Visa is the most popular type of credit and debit cards used globally. Since it is the most sought after, it is also the most common and readily available to use at online casinos. It is often the most common go to banking method at online casinos. Deposits can be done instantly by entering the information that is present on the card. It is also an ideal way to make withdrawals since it is a safe and secure method. However, using a VISA might take longer to withdraw your money than when using an e-wallet payment method.

MasterCard

MasterCard is a deposit method that is accepted in most online casinos as it is a highly used payment option. MasterCard credit cards are simple, quick and extremely safe to use when making an online transaction. MasterCard is one of the two largest issuers of credit cards and debit cards and its network covers over 25,000 banks and other financial institutions.

When it comes to MasterCard, players can choose almost any online casino site to their fancy as most of them accept this method for deposits and withdrawals. When using MasterCard, deposits can be processed instantly. Just like when using Visa and credit and debit cards, withdrawals might take longer to get processed, depending on the terms of the casino. However withdrawals to cards have improved a lot in speed in the last few years.

Rupay

Rupay is a new card payment scheme that has been launched by the NPCI in India to participate in electronic payments. Rupay is defined by two terms ‘Rupee’ and ‘Payment’. The orange and green arrows on the payment indicate a country on the move while the color blue stands for tranquility.

Rupay is available in prepaid, debit and credit cards and you may request your bank to issue a Rupay card. Using Rupay online can be done by entering your card details, similar to when using a regular debit and credit card. The number of rupay casinos online accepting the payment method is constantly growing. Deposit and withdrawal times vary but they are similar to those of the popular debit and credit cards.

E-Wallets

In the early days of gaming e-wallets were the most used method offered by the online casinos and to this day are still very popular among online players. This is because they are one of the fastest methods to get your withdrawals straight to your bank account. After physical cards, e-wallets are one of the most sought after depositing and withdrawing payment methods.

Apart from being an extremely quick method to deposit and withdraw, e-wallets are also incredibly safe and secure. You can also store your card information all in one place. Popular e-wallet methods include PayPal, Skrill, Neteller, EcoPayz, and more.

However, one thing to keep in mind with e-wallet payment options is that, in some online casinos, welcome bonuses are not applicable if you are using one of these online payment methods as your deposit option. Make sure that you are aware of the casino’s terms before committing to your preferred payment method.

Neteller

Neteller is one of the biggest and most popular e-wallet payment methods around. Processing is safe, secure and deposits and withdrawals can be processed instantly without any waiting time. Apart from online casinos, this method is also popular for online shopping and transferring money between individuals.

It’s very simple to sign up with Neteller. All you have to do is register for a free account on their website and add the funds to your account. This can be done from your card or via bank transfer.

PayPal

PayPal is a very safe payment method that is widely accepted amongst most online casinos. However, in a few countries, PayPal is only accepted as a deposit method and not as a withdrawal. Before playing, make sure that you read the terms and conditions of your chosen casino. The use of PayPal is also sometimes limited to countries outside of the United States, Canada and Australia.

You can deposit money into your PayPal account via bank transfer or using your credit card and then use this money when playing at an online casino. Players can also link their credit cards to their PayPal account to make automatic withdrawals. This makes sure that your sensitive data is only shared on one website.

Skrill

Skrill was set up in 2001 under the name Moneybookers. It has been rebranded and given the name of Skrill instead. Skrill is another popular e-wallet payment method similar to PayPal and Neteller.

It is a popular method for deposits and withdrawals and it gives you the opportunity to deposit and withdraw money instantly from an online casino. All you have to do is set up an account with Skrill and transfer your funds to your Skrill account and you’re good to go.

Online Banking

Online banking is the traditional method to fund your gambling account. By using this method, you can transfer money to and from your casino account easily. All you have to do is give instructions to your bank or use internet banking for deposits.

However, this method is not always an instant method of payment. You may need to allow a few days for the funds to clear into your casino account. When it comes to withdrawals, transfers are not automatic either. You will need to wait a few banking days for your funds to appear in your bank account. Although it is a safe and secure method as a payment option, it is not the fastest.

Interac

Founded in 1984, Interac is a popular payment method with a number of players. It allows players to transfer money between their bank account and their online casino account without sharing their personal data.

Interac is very similar to debit cards because it allows you to transfer as much money as you have in your account. In fact, this payment method is often referred to as Interac Debit. It is a very safe and secure payment method and deposits and withdrawals are almost instant.

Online Casino Payment Methods Bill

Instadebit

Instadebit is a bank to bank payment that is also very popular with casino players. It is used for a variety of online payments and it is widely accepted as an online casino payment method. Instadebit has very low transfer fees and instant results.

Instadebit allows you to keep track of deposits and withdrawals and does not reveal any of your financial information.

NetBanking

NetBanking is a form of electronic transfer method that is being used in India. Making a deposit with this online banking method is cheap, convenient and fast. The money is typically credited to your casino account instantly after the transfer has been made.

Most online casinos accept NetBanking as a form of payment method for Indian casino players.

UPI

UPI works by transferring the funds between two bank accounts on mobile platforms. UPI works immediately and with no delays. In order for players to use this service, you need to create a VPA (Virtual Payment Address) and connect it to your bank account.

For deposits, you need to log in to your account and click on ‘Cashier’. Then, choose the ‘Make a Deposit’ button and click on the UPI section. All you need to do is follow the instructions given. UPI only allows small withdrawal amounts at the moment.

Bank to Bank Transfers

With the growing use of online banking, Bank transfers are less common as an online payment method when gambling online. All you have to do is give instructions to your bank to use internet banking for deposits. However, this method is not instant and you will need a few days for your funds to get processed, both when making a deposit and when making a withdrawal.

The processing time depends on the casino but it normally takes up between 1 to 4 days in total.

Crypto Currencies

Crypto currencies are still somewhat new to the online payment industry but they have risen in popularity and they are growing in demand. This is because a small win today can mean big money tomorrow as its value fluctuates.You never know how your luck will turn out.

Although it might seem like a risk to some, its use is increasing, especially because of its instant deposits. When it comes to withdrawals, they are not meant to be instant because your win can multiply in size if you’re lucky!

Bitcoin

Bitcoin is the most popular crypto currency payment out there. A lot of people know about Bitcoin and a number of gamblers use this method if they want to choose crypto currency as their desired method.

Many online casinos have started implementing Bitcoin to their payment lists. Deposits are instant but withdrawals can take up from 1 to 4 days to be processed. With Bitcoin and its fluctuating value, a small win today might result in a bigger win tomorrow, so knowledge is key, as value can of course also decrease.

Other Payment Methods

There may definitely be other payment methods involved at your chosen casino than listed here. However, this all depends on the country that you are playing from. India will have different payment methods available to Europe or the US. Make sure that before you commit to an online casino, you take a look at their payment methods section to see that you find one available for use.

eCheck

eCheck can be found at a variety of online casinos. This payment functions similarly to a paper check. However, eChecks are electronic vs the traditional checks that come in the form of a physical paper. With eChecks, you still need to fill out the same information as you would when you are handing a check physically. This information includes your bank routing number, your bank account number and your name.

With eChecks, transactions could take up to 3 days to be processed.

FAQ

All our recommended casinos are safe and secure. Our team of reviewers have taken the time to check out that the casino is licensed and regulated by international regulatory bodies like MGA and Curacao eGaming. Apart from that, all payment methods have been tried and tested to check their safety. There are also strict guidelines for the online casinos to follow under the Anti-Money Laundering directive, making online payments even more secure.

To withdraw your winnings, you need to verify your account with the casino, send in the requested documents to prove that you’re the owner of the account and then you will receive the funds depending on which payment methods you have chosen. It’s really that simple and safe.

We only recommend the most used and popular methods which is why our top casinos with their own methods have made it to our list. You can trust all of the options that we have recommended, however to avoid any delays make sure to read up on all terms, processing times and account verification process required by the individual casinos.

Pete is a Casino and Betting Operator player and writer. “I have tested and reviewed casinos for many years now. I look for the same qualities I appreciate when playing. My friends also play a lot, so I listen to their opinions and summarize the experiences to our casino reviews here at Casinomarket.”

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Last Updated on March 8, 2021

If you are wagering money in an online casino, choosing the right payment processor is paramount. You can deposit funds to your account in a variety of ways, including cryptocurrencies, credit cards, et cetera. But how can you know which option is the best for you?

The best payment methods are the ones that let you quickly deposit and withdraw funds from your online casino account while preserving your security during every step of the process.

In this article, we will cover the top 5 best casino payment methods you could possibly use for online casino deposits. The methods listed here are the best in terms of speed, popularity, and convenience.

Neteller

Neteller is without a doubt one of the most convenient payment systems out there. This has made it extremely popular with internet casino users. The system is known for its simple, utilitarian design and is especially well-known in the UK.

Neteller is equipped with credit card data protection, which means that all card details you enter when depositing are kept hidden and cannot be accessed by third parties.

The system has been developed in Canada in 1999 and has been gaining popularity ever since. Neteller is favored by the best casinos of the world, such as WooCasino, BetAmo, and, of course, Bob Casino.

Just like its competitors, the system charges a small fee on all transactions. This fee usually varies from 1 to 5 percent, depending on the deposit method.

Neteller also allows users to make very large transfers. This is another reason for its popularity in online casino payments. There is almost no limit on the amount of money you can transfer.

In addition to this, users may transfer to a Neteller account from almost any other payment system. This flexibility is another reason it is popular.

The only disadvantage is the fee you have to pay on all transactions. But in most cases it is negligible.

Paysafecard

Paysafecard is a good and secure option not just for online casinos, but also for use when shopping at online stores. Its main benefit is that it is fully independent of your credit card (much like PayPal). This makes it very safe.

Paysafecard is accepted at many venues where Skrill or Neteller users are blocked, hence its popularity. Fees imposed on Paysafecard transactions are small, and usually do not amount to much.

However, Paysafecard is not accepted in the US, which is probably its largest drawback. Also, you are not able to withdraw via Paysafecard – it works only for deposits.

Visa

Visa is the largest debit and credit card company in the world. A Visa banking card is the best payment method for online casinos worldwide since it has the best support of all payment systems in the world.

The fees for using Visa are very low, which makes Visa a much better option for online casinos than American Express or Paysafecard.

Visa debit cards are accepted by all casinos, and you may receive casino bonuses if you use Visa or rival MasterCard to fund your account.

Visa has one of the best security systems, so you can feel safe while using it. And if something does go wrong — you can always request a chargeback from your bank.

However, not all casinos allow you to withdraw using this method and sometimes you are required to pay an upfront fee before you can deposit money with Visa.

Skrill

Skrill is a very popular payment method in online casinos. Launched in 2011, it quickly made itself the preferred payment method because it is convenient, safe, and quick.

Skrill offers good data protection, and you can be sure none of your personal information will be leaked to third parties. The system allows you instant bank access to all deposited money.

Almost every casino offers you a bonus for using Skrill. This is because Skrill is the most convenient method both for you and the casino.

The processor supports 40 different currencies, making it the only option for many people who have to deal with rare and uncommon currencies.

Just like PayPal, Skrill has a 24/7 support team ready to help you at any time. There is a chat always open for you to ask for help.

It’s not all roses, however. You do need to pay a fee to fund your account from Skrill, just as you would with Neteller and Ecopayz.

Bitcoin

Bitcoin is a revolutionary form of currency, which is not controlled by anyone and allows the user to remain fully anonymous. This is a large advantage, since it greatly improves the security of anyone using it. Third parties are not able to receive any information about the user, so no bank and company will know that you like to gamble. A lot of people like the privacy afforded by that. This makes it one of the most secure online casino payment methods.

Online banking with Bitcoin is very simple. You have an e-wallet that you can deposit to and withdraw from. It works similarly to a bank account, but it is fully anonymous and decentralized, so no third parties can access your information and you do not need to fear any data breaches.

Not all casino games accept Bitcoin. In fact, comparatively few do. That is its main downside. You will not be able to play all the games if you use only Bitcoin.

PayPal

PayPal is a payment method with a solid reputation. And the best one in terms of safety and security. You may use many ways to improve security even further, such as two-factor authentication. It is recommended for people that value security above all else.

While this method is one of the safest and most reliable, it does not work with many casinos. PayPal is notorious for having policies that make it extremely difficult for gambling venues to offer it as a payment method, so very few online casinos do.

Online Casino Payment Methods For Real

Revolut

Revolut works like a prepaid debit card that is accessed through a mobile app. You can quickly transfer money between Revolut and a regular Visa or MasterCard, which makes it very convenient. The app’s main benefit is its security and the ability to create an unlimited number of one-time-use disposable credit cards.

However, as of today, almost no casinos use it, so it is not really a viable method of payment.

Online Casino Withdrawal Methods