Most Popular Online Casino Payment Options in 2018
If you are playing at an online casino, you want payments transferred between your bank and the casino quickly. That is easier said than done, however. Fans of online casinos are looking for the best online casino payment options that allow them access to their money quickly. Here are the most popular online casino payments for 2018.
Credit Cards at Casinos
The three major credit cards used at casinos are Visa, Mastercard, and American Express. Both Visa and Mastercard offer debit and credit options on their cards. This means that you can pay for online casino games and have the money deducted from your account. You can also gamble with a certain amount of money each month and pay it off with your winnings. Either way, these two choices make a lot of sense for gamblers.
American Express and Discover are also options for online casino gamers. You should be aware that these cards are not accepted at all online casinos. You need to check with your favorite casino before you commit to using one of those cards.
A popular option for credit card users is to make payments with a card that will give cash back toward purchases. Consumers also like points or miles that can be used later to buy airline tickets and other perks. Check with your credit card company to see if you get bonuses when you use it at an online casino.
Another popular online casino payment for 2018 is the e-wallet payment system. Many people use e-wallets because you can store all of your credit card information safely and securely. With an e-wallet, you are giving the online casino money from your wallet, rather than cash from your card. There are several different cards to choose from for use at online casinos.
The most popular online casino payment in 2018 for e-wallets continues to be PayPal. PayPal is used most frequently in North American and Western Europe. However, PayPal is not accepted by every online casino. PayPal allows you to draw funds from your cards or your bank account. Although the funds are taken from the card or account, the payment is made via PayPal. PayPal (so far) has been relatively safe from hackers because of their encryption techniques.
While PayPal is used most often in North America and Western Europe, Neteller has been used more frequently in online casinos. Through its partnership with Mastercard, Neteller offers prepaid cards, which are popular with some online casino players. However, you should know up front that Neteller has been in trouble with the Justice Department over its casino dealings. Neteller had to pay $300 million in fees that it did not collect during casino use. Neteller moved its location to the British Isles, where online gambling is a little more widely accepted.
This online payment method has been used extensively in Europe, especially after it bought out some of its European competitors. This e-wallet is used more frequently than any other wallet at casinos around the world.
This e-wallet has a lot of features that some of the other wallet cards do not have. Ecopayz allows you to withdraw funds to your prepaid debit card. You can also transfer money to your friends and family via the e-wallet; many e-wallets don’t have this option. The service can be found in seven different languages and forty-five currencies. You can be in many different countries, play at an online casino, and still use this e-wallet.
Other Online Casino Payment Choices
There are several other popular online casino payments that are worth mentioning. You may want to think about cryptocurrencies. Cryptocurrencies such as Bitcoin and Eleuthera are accepted at many different casinos, especially in Asia. Cryptocurrencies act as a method of payment that operates independently of any other money system. Therefore, they can operate more anonymously than other online payment options. However, cryptocurrency is extremely volatile. For example, Bitcoin has dropped forty-five percent in value over the last year. You may find that your initial investment for casino play has declined in value once you take the currency out.
In addition to cryptocurrency, many people rely on offline methods to transfer money in and out of online casinos. People choose to use offline methods because they do not trust the security of online banking or e-wallets. One of the offline methods that remain popular is a bank wire transfer. High rollers prefer the bank wire system because they can transfer large amounts of money quickly. However, if you want to use this method, you should know that bank wires take a little time to process. You may not have access to your money right away.
Also, bank wires can come with a fee. The larger the amount of money you want to transfer, the higher the fee may be. EChecks, another form of offline currency, is also used at casinos to move money from one place to another. EChecks function just as a paper check does. However, just as with wire transfers, EChecks take a little time to process. You can also transfer money to casinos offline via Western Union, a popular payment system accepted all over the world. Many people in Asia and Africa use Western Union as a payment or money transfer system.
A mobile payment system is another method to use money in an online casino. Mobile payment plans are used frequently at online casinos in Africa and Asia. All you need to transfer money is your phone and a bank account. There are several different mobile payment systems. One example of a mobile payment system is Zimpler. You can use Zimpler to transfer your gambling bankroll to your cell phone, as well as withdraw winnings from the casino. Another example of a mobile payment system, Boku, does not require a credit or debit card to use. There is also a mobile payment system called Payforit, which operates exclusively at online casinos in Asia and Africa. This system allows you to transfer money via your phone bill. This method makes it easy to access your money if you don’t have a bank account.
These payment options give you choices and flexibility when you are playing at an online casino.
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As an avid video poker player and lover of real money online blackjack, Thomas is the founder and guiding voice behind the Top Casino Picks community. A project manager at a London based Fortune 500 tech company, Thomas is an online casino enthusiast who founded TCP as a hobby to help other players avoid the headaches and hassles he has encountered when trying to find the best real money online casinos.
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