Banking at Online & Mobile Casinos
Nothing should stand in the way of you and your gambling sessions and that is why choosing a web casino where banking is simplified is essential. The word banking, when it comes to virtual gambling, refers to depositing money into your casino account to place bets with and withdrawing your winnings – and there are many ways to do so, fuss free!
Deposit & Withdraw Money with Ease!
The majority of the banking options available to use for crediting your casino account will transfer funds and clear them instantaneously so you can play without delay. Have a look at the main ways in which you can perform money transactions at online and mobile casinos below;
e-Wallets – Neteller, Skrill, PayPal, Click2Pay, InstaDebit and ClickandBuy are just a few of the popular e-wallet solutions offered at online and mobile casinos. Once you’ve registered an account with an e-wallet service provider, which you can generally do on their website, you can fund your e-wallet in different ways. Since this is a 3rd party payment platform, you’ll never have to disclose your financial particulars to the casino.
There are also innovative solutions created specifically for mobile users, such as Skrill 1-Tap. Register for the service and going forward you only have to enter the amount you’d like to transfer – and you can credit your web casino account – in one tap! Most e-wallets are suitable for deposits and withdrawals.
Prepaid Cards – there are different types of prepaid cards and some are very similar to e-wallets, such as ecoPayz, allowing you to top-up your card and use it for deposits and withdrawals. The UK pre-paid card uKash on the other hand is a real pre-paid card whereby you ‘cash in’ your cash for a secure code to use when making payments online. You can also purchase these cards at thousands of land-based retail outlets.
EntroPay is another excellent Virtual Visa and Bank Transfer pre-paid option through which you can deposit and withdraw funds. Just load your pre-paid card and use the secure 16 digit code to start playing at a web casino instantly! As with e-wallets, you don’t have to provide your financial details when using pre-paid cards.
Debit Cards – If account details for your specific banking institution are listed, you can use your debit card to transact with the casino and have your funds clear instantly. Alternatively, it might take a day or two to clear. Unlike with credit cards, you’ll be using money to play with that you actually already have so you won’t get yourself into debt in the process. Debit cards are suitable to use when you want to withdraw funds from your casino account.
Credit Cards – VISA, MasterCard and Maestro are familiar credit cards that can stock your casino account in a flash. There are a few cons to consider… The risk comes in with not having a ‘cap’ (depending on your card limit) and you can easily get carried away and spend more than you initially intended to. You could also incur high transaction charges when using credit cards and since you’ll be transacting with the casino directly, you might have unwanted references appear on your card statements.
To protect players from fraudulent activities, credit cards need to be verified and this process could entail submitting documentation, including identity verification, front and back copies of the actual card, proof of residence, etc. If you have the discipline, it is still a convenient way to both perform both banking deposits and withdrawals at a web casino.
Choosing the Best Banking Options
Choosing the best payment options depends on where you are playing from, which currency you’re using, and what you find most convenient. Some players prefer to transact directly with the casino, whilst other want to remain anonymous by using 3rd party payment processors. There are restrictions on certain banking deposits where options are not supported in specific countries. You’ll commonly be able to view compatibility when you visit the banking page of the web casino.
When you registered your account, you’d also specify the country and currency that you’re playing from and with, so only payment methods that are supported will be available to you. Before utilizing a system for your banking deposits, remember to check out the transaction costs as some methods are free, whilst you might incur costs on others.
And, of course, you can always check with the casino’s support team with any and all questions regarding banking.
Special Alternative Payment Method Promos
Many casinos offer a little something extra to players who use certain payment processors to deposit money into their casino account with alternative payment method promotions! These often apply to popular 3rd party payment platforms such as e-wallets and pre-paid cards. Before choosing your preferred method, have a look at the banking page, or current promotions, as you may well get a percentage of your spend back in cash when using some of the banking options!
Safe & Secure Transactions
World-class security systems are in use at leading casinos such as those featured here. Digital encryption technology, the same used by top financial institutions, and several fraud prevention measures are in place to keep players as safe as possible. Security systems are always updated to stay abreast of virtual threats so performing transactions at an online or mobile casino is pretty much as safe as banking at your own bank itself!