Choosing a Payment Method for Online Casinos

Online casinos offer a wide variety of payment methods. Our article will help you decide which one is the best one for you!

Online Casino Payment Methods Explained

There’s no doubt about it; playing at online casinos is fun. However, making your first deposit might seem like less fun. If you’re feeling anxious about transferring your hard-earned cash from your bank account to your casino account, we’re here to help put those worries to bed.

These days, improvements in online security and the rise of a variety of payment methods means that you no longer need to fret quite so much about making a financial transaction. In this article, we’ll take a look at a few of the banking options available to you in the hope that it will make it easier for you to choose a payment method that you feel comfortable with.

PayPal

PayPal is one of the most trusted names in online banking. Their system allows you to connect your bank account or credit card to your PayPal account and then use your PayPal login to make secure payments. The benefit of this is that you no longer have to input your credit card number every time you wish to make a payment, thereby adding an extra layer of privacy and safety to any transaction that you make.

You’ll find plenty of PayPal casinos Canada-wide that are set up to allow you to make payments using this method – check out https://casinopilot.ca/banking/paypal for more details and a list of recommended PayPal casinos.

Neteller and Skrill

Neteller and Skrill, along with numerous other e-wallets work in a similar way to PayPal. Almost every casino on the market allows you to make deposits and withdrawals using an e-wallet and aside from the security it offers, the additional bonus is the speed at which you can make a transaction. Deposits are instant and withdrawals can be processed quicker than any other method. The only downside here is that many online casinos will render you exempt from being able to claim the welcome bonus.

Bitcoin

Bitcoin is new to the scene, but as the number of people using cryptocurrency increases so do the number of casinos willing to offer it as a payment method. Once you have bought your Bitcoin and stored it in a secure online wallet, you can use it to make a deposit in the same way as you would use an e-wallet. Simply click on the Bitcoin payment option within the banking section of your online casino and then enter your Bitcoin login.

This is one of the safest ways to make an online payment and it is in no way connected to your bank account, which also means it is the most discreet way of making a deposit. You’ll need to do a little research in order to find a reputable online casino that accepts Bitcoin but it will be worth the effort.

Debit Card

If you’re more comfortable with traditional banking but you’re reluctant to give out your credit card details, then it’s worth considering a debit card. A debit card works in the same way as a credit card when it comes to making deposits. You’ll have to input your card numbers every time you wish to make a transaction. However, the amount you can spend is limited to the amount you have in the account that is connected to the card. Therefore, if an unscrupulous third-party manages to get hold of your details they won’t be able to charge up a fortune.

Bank Transfer

Bank transfers are the mainstay of online casino transactions but they are considered to be rather old-school. While they offer, perhaps, the safest way to make an online payment, the transaction itself is slow and cumbersome. A bank transfer is a perfectly valid payment method, but we would be more inclined to use an e-wallet or debit card.


Leave a Reply

Please Login to comment
  Subscribe  
Notify of

Recent Articles

10 Things To Remember As A Gaming Content Creator

When you finally realise your dream as a gaming content creator, it can feel like the world is your oyster. To a certain extent,...

How To Host Your Very Own eSports Event

If you’ve never contemplated hosting your own eSports event, now may well be the time to start. eSports events can be amazing fun, bringing...

Game of the Week [09/12/19]

It’s that time again and we’re heading into the second week of December with an exciting feature we’re sure you’ll love. Yes, we know...

iStorage diskAshur Pro 2 HDD 2TB Review – Data Protection

Here’s a sobering fact for you: depending on the size and operational scope of your business, a major data breach could not only cost...

4 Best Fun Video Games of 2019

Every video lover must have noticed the slow progression of video games in 2019. While this might seem a little bit of concern, it...

Related Stories

Stay on top - Get the daily news in your inbox