Most Common Payment Options at Online Casinos

These days most of the online casinos provide multiple alternatives to their customers for financial transactions.  Apart from conventional account checks, there are many other options which make deposits/withdrawals very simple and saves a lot of time.  Online casinos prefer these options as transactions made through them are easier to process and provide the required transparency.  In order to encourage their customer to use these payment options, many types of bonuses are also provided by the casinos.

If you have made up your mind to make a deposit for live casino games, then you should go through some of the most common payment methods discussed in this article.  Apart from this you should also check the deposit options provided by your casino in order to avail the best facility.

Majority of the casinos opt for online payment methods as compared to bank transfers and checks as these methods require more time for processing.  While opting for any of the payment options listed below you should also check with your casino whether such transactions are free of charge or require any transaction fees.

Common Payment Options for Online Casinos

The common payment options provided by online casinos can be roughly divided as transactions through

  • Online Banking
  • E Wallets
  • Debit and Credit cards
  • Offline Banking

Online Banking

You can opt for simple online banking transactions to make the payment to the casino.  This is the simplest method and requires only an active online banking account.  You can use this method from the privacy of your home and opt for multiple banking options.  These banking options include

  • Making transaction from your saving bank by online fund transfer.
  • Using your credit or debit card to make the transfer.
  • Internet Banking.
  • Wire transfer.

E Wallets

Due to the prevailing criminal activities involving data pilferage and online hacking, majority of the people now opt for E Wallets.  The best thing about this payment option is that a user can safely store his or her card information in the account of such service providers.  When you use E Wallets for any transaction, your card information remains safe and private.  The most popular E wallets preferred by online casino players include

  • PayPal
  • Skrill
  • EcoPayz

Debit and Credit Cards

There are many well reputed debit and credit card companies that have been in existence for the last many years.  If you chose to make a payment using either a debit or credit card then you are required to provide relevant card details to make the transaction.  The transfer of funds takes only few minutes.  While most of the debit card payments are free, credit card transactions require payment of charges.   These charges can range from 0.5 to 1.3 percent of the transacted amount.  The most popular credit and debit cards are

  • Visa
  • Mastercard
  • American Express

Offline Banking

If you do not feel comfortable using online banking, E Wallets or using plastic money cards then offline banking is the best option for you.  Your bank can provide such a service via wire transfer, E Check or fund transfer.  In order to make this transaction you are required to have the account number of the casino.  You may also require some other information needed by your bank.  If you don’t have a bank account then you can also opt for the services provided by other financial service providers such as Western Union and MoneyGram.