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Guide to Payment Methods of Online Casino – Know How To Deposit & Withdraw

March 1, 2021

Written By,

Brijesh Mehta

Payment Methods of Online Casino

Online casino games are full of fun, thrill and excitement. You can play them for free or real money. If you want to play real-money casino games to enjoy the feelings of winning real money, you have to know about the casino online payment methods.

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Every casino player wants practical, secure and fast deposit and withdrawal methods for the best experience of online casinos. It is important for every online casino enthusiast to know how to deposit money into a casino account and withdraw the winnings from the casino successfully.

If you are a beginner, this blog post serves as a guide to online casino payment methods for you.

Know the Top Payment Methods Used in Online Casinos

Let’s discuss the top payment methods that are commonly used for deposit and withdrawal in the world of online casinos.

Visa

Visa is a top multinational payments technology company that you can trust without any hesitancy. All top online casinos include Visa as one of their payment methods. It is accepted in over 200 countries. You can use Visa credit or debit cards for deposit and withdrawal purpose at online casinos.

Mastercard

Mastercard is another top multinational company in the payments sector and another popular payment methods available at many online casinos. Many online casinos accept Mastercard credit and debit cards for deposit and withdrawal.

Prepaid cards

Prepaid cards are other alternatives that you can use to make a casino deposit. The top prepaid cards that are accepted by many online casinos are Paysafecard, AstroPay, EntroPay, EcoVirtualCard, etc. These online casino payment options can be used by casino players who have neither Credit cards nor e-Wallets. 

E-Wallets

The popularity of e-wallets is growing in this digital world. E-wallets are online accounts where money is stored and the stored money can be used to perform online transactions or transfer to bank account.

The commonly accepted e-wallets in online casinos are Neteller, Skrill, PayPal and others. You can use e-wallets to perform transactions for online casino mobile payment.

Pay by Phone

Another payment method that can be used for depositing money quickly and easily at online casinos is Pay by Phone. The deposit is done by paying via phone bill or with phone credit.

The number of users of Pay by Phone method is increasing as it offers seamless transactions and more and more people are concerned about cybersecurity. Not all online casinos offer this payment option currently.

Bank Transfer / Wire Transfer

Simply, bank Transfer or wire transfer is a transfer of funds from one bank account to another. For using wire transfer at online casinos, you have to share your information regarding your bank account. So, for this, you need an online casino that you can trust.

You can use wire transfer for online casino withdrawal from your online casino account. It might take 5 to 10 business days for your casino winnings to arrive at your bank account if there is no middle man.

Cryptocurrency

Cryptocurrency is not the most popular payment method used currently. But, its popularity is growing with the increase in the number of crypto casino sites.

Performing transactions using cryptocurrencies like Bitcoin, Ethereum and Litecoin at online casinos are safer and easier. Practically, it is impossible for criminals to steal the money from user’s cryptocurrency wallet.

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How to Select the Right Online Casino Payment Method?

If you are new to the online casino world and have recently joined the online casino site, you might be wondering which online casino payment method is the best to use.

Safety is obviously the most important factor that you should consider for selecting the payment method. If multiple payment methods are completely secure, then there comes other factors to be considered for making your selection. One of such factors is how fast you can withdraw money using the payment option. Other factors can be convenience and reliability of the payment method.

Also check if the payment method can be used for both depositing and withdrawals. Know about the restrictions on withdrawal that a certain payment method can have before selecting it for depositing.

If you found the payment method that meets all your requirements, you have to check if that method is available where you live or not. There might be certain limitations. If you are from India, the most common payment methods available are Neteller, Skrill, AstroPay, EcoBanq, Bank Transfer, Paytm, PhonePe, etc.

You can choose any online casino payment method discussed above as they are secure and commonly used by casino players.

Final Words

It is important to have information about casino online payment methods if you are willing to begin your online casino journey. We hope that this blog post provides the essential information regarding casino payment methods that you are looking for.

Choose the secure and trustworthy payment method that is convenient to you for easy deposit online casino and also withdrawal.

If you are from India, click this link to know more information about various payment and withdrawal methods used in online casinos in India.

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Written By,

Brijesh Mehta

Brijesh Mehta is a content writer & strategist from India providing his top-notch skills & expertise in the Sports and online casino industry for more than seven years. He is an avid reader and creative writer who is fond of words and uses them to teach others about online betting and trending sports news through his in-depth guides.