The majority of online casinos offer a wide range of payment methods. Today, players can use credit cards, bank transfers, e-wallets and prepaid cards to deposit and play at their preferred casino. In this article, we explore the different payment options and the safety of using a credit card online.
Credit cards, bank transfers and e-wallets
Offering a wide range of payment methods is in every online casino’s best interest. With Visa, e-wallets and everything in between, players have more choice when they want to deposit and play. While some casinos offer more deposit and withdrawal methods than others, the majority of gambling sites allow players to choose between multiple payment options. Here are the most common payment methods for online casinos:
Credit/debit cards: Most players prefer to make deposits using their Visa, Mastercard or Maestro. Credit/debit card deposits are easy, safe and instant. All players need to do is enter their card details and the transaction will be processed on a secure server.
Bank transfer: Bank transfers are a classic deposit method that works well for players who prefer not to use their credit cards online. To make a bank transfer deposit, players send the deposit amount to a specific bank account. The only drawback with bank transfers is that it may take up to 3-5 bank days before the funds show up in the player’s balance.
E-wallets: E-wallets such as PayPal, Skrill, Neteller and EcoPayz are popular payment methods for online casinos. E-wallets work like virtual bank accounts that let players upload and withdraw money as they want. One of the main benefits of using e-wallets is that funds are available immediately once the casino has accepted and processed the withdrawal.
In addition to these payment methods, many casinos offer deposits via prepaid cards such as Paysafecard and Neosurf. At some sites, players can also deposit using their mobile phone. It is important to note that some payment methods may be restricted when claiming a welcome bonus. Players can use any payment methods on TeleVega casino to receive bonuses, but this might not be the case for every online casino.
Cryptocurrency: A new way to deposit at online casinos
In recent years, a new payment method has emerged at online casinos: cryptocurrency. At cryptocurrency casinos, players can deposit and play using Bitcoin, Tether, Litecoin and other mainstream cryptocurrencies. It is safe and easy to deposit and withdraw with cryptocurrency: players simply send the deposit amount to a specific address, and the deposit appears in their balance without delay. While some games are incompatible, the majority of slots and table games now have support for play with cryptocurrencies.
Online casinos use advanced security technology to ensure safe transactions. Modern casinos use the latest Secure Socket Layer (SSL) technology to secure players’ payment details and personal information. SSL encrypts the information from the player to the server, making it impossible for anyone to steal the data. Websites that are secured by SSL have “https://” in front of the URL. Some browsers also display a padlock icon next to the URL bar when you are on an SSL secured website. However, many players still prefer to use e-wallets such as Skrill or Neteller, prepaid cards or cryptocurrency for depositing and withdrawing from online casinos.
