When it comes to gamblers who are gradually making a shift from the brick and mortar casino establishments to online platforms, there are two important things they must consider. First, to find a good online casino to play at and second, to ensure that it offers a compatible payment method to deposit and withdraw funds to/from the casino platform. Keeping that in mind, we have listed 5 of the must-include payment methods for every online casino business today, to ensure that it reaches out to the maximum number of gamblers.
Established in the year 1998, PayPal has come a long way in becoming the most preferred payment method for multiple industries across the world. It has actually evolved to become the e-wallet to beat for every new age e-wallet. If you’ve just started playing online casino games, it’s highly likely that this is the payment method you would have thought about using. Basically, PayPal offers everything that is expected from an online payment system. Furthermore, there are a good number of PayPal casino platforms out there on the internet, with a very good reputation.
Popular debit and credit cards
There is no better-known deposit payment method at online casinos than the age-old debit and credit cards. Basically, each and every online casino portal accepts well-known names such as MasterCard, Visa, and Maestro. Both debit and credit cards are recognized for their high-end security measures. In fact, if the security and safety of your financial information are one of your major concerns, there is no better option than these. However, please be warned that some casino portals might not accept cards that are even slightly obscure.
Another well-known e-wallet, Neteller, is one of the most commonly accepted payment methods at reputed casinos on the Internet. As far as the safety and reliability of transactions are concerned, it is right there at the top, alongside the best. Owned and operated by a publicly-traded UK-based international payments company known as Paysafe Group, Neteller is widely recognized for its super-fast payouts. Other than that, it also implements the most updated security measures to ensure the peace of mind of its clients.
Skrill used to be earlier known as Moneybookers and is a type of e-wallet that works quite like its popular counterpart PayPal. All you are required to do is sign up for an account, provide your bank details, and upload funds to the Skrill account. Once you do that, the online casino you play at will never be involved in direct handling of your banking information. In case you are more inclined towards using a prepaid card, Skrill also provides its own prepaid MasterCard. In fact, Skrill is one of the few payment companies that is driving the bitcoin revolution today.
Also referred to as wire transfers, the majority of online casinos accept bank transfers, and this payment option is also used by a large percentage of gamblers starting out in the online casino world. Counted amongst the most secure and safe ways of moving funds, a bank transfer is also a very hands-on method that does away with the requirement of disclosing your personal information. However, it can sometimes be very slow compared to other alternatives.