Payments methods in online casinos

For new players who are not familiar with online casinos, first visit can cause some problems. There is so many games, categories and options available. New player starts with making first deposit to casino account and already in here there is over 10 options available. Online casinos accept payments through various methods and providers, it can be hard to find the best one.

One of the most popular method is the e-wallet option provided by Skrill and Neteller, deposit with this method are instant and free in almost every online casino. E-wallets works in a similar way to online banking, you need to deposit money to account to be able to use it elsewhere. You can even receive your own card which will be linked to e-wallet account and it will allow you to access your money and withdraw them using ATM machine or pay for goods in stores.

Transactions for and from casino normally come for free, but you can be charged for using ATM or if you will wish to withdraw money from e-wallet to your personal bank account. Advantage of this method is that it works much faster than the other ones – your deposit shows on the casino account instantly, and withdrawals will show within few seconds when they are approved by online casino.

Well known method for deposits is credit card – in this case it can be VISA, Mastercard and sometimes Maestro. This method comes with provider charges which are usually between 2.5-3% per every transaction. Deposit to account is instant but withdrawal can take up to 5 working days after it’s approved by casino.

There are players who decide to use pre-paid options for deposits like Paysafecard. Paysafecard is being sold around the world and customer will get a unique code which can then be used in online casino. Deposit with this method is instant and comes without extra feed but withdrawal can be only done to bank account. Which can take up to 5 working days to show up in account balance.

Less popular option is deposit with bank transfer. This method is not instant and money will show in casino account within 1-3 working days. There are some players who decides to use it, however most commonly used is the instant bank option. Money are being deposited through provider who provides instant bank transfers. Money will then show in casino balance within few minutes. Withdrawals with that option takes 2-5 working days.

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