Most Common Used Payment Methods for Online Casino

12/10/2012
By Pamela PattersonGoogle
One of the main concerns for online gamblers is their money! Many of us go online to shop for clothes, electronics and so on, but when it comes to a casino, they stop and think twice. You see a new TV online, and without hesitation the wallet comes out and with the click of a mouse, it’s on its way to your house.

Online casinos work pretty much the exact same way. In fact they are likely to be more secure with your personal and financial information than many online stores. Using the cashier at an online casino is one the easiest tasks you will ever complete. They offer more payment methods than you can shake a stick at and getting your winnings off is just as easy.

Most casinos will offer the most popular payment methods regardless of which site you play on. These options are pretty well known and used by most people in their everyday lives.


Credit Cards

Using a credit card to deposit into a cashier is exactly the same as using it to purchase items from an online store. You enter your card information, billing address etc., and you’re done. Most of the time, this card is saved on file for quick and easy deposits if you so choose.

-Visa: the most widely used payment option for casinos in the world. Every casino online has this option. If you find one that doesn’t, do not play there.

-MasterCard: This is the second most used card in the world and is also very popular among online casinos.




E-Wallets

The e-wallet is becoming a very popular banking tool for people around the world. It started as way for those without credit cards top purchase items online, but has quickly grown into one of the largest banking industries.

An e-wallet works very much like a regular bank. You can even have your personal checking or savings account attached to it for quick and easy access to your money online. For those without bank accounts this option works well. You can have anyone send you money directly to your e-wallet of choice and use those funds wherever they are accepted.

The larger e-wallets allow you to connect a credit card or bank card so that you may use it online. These e-wallets offer protection on purchases and do a very good job at protecting your funds.

Most online casinos accept the major e-wallets and even some of the smaller ones that operate within certain countries. This is becoming one of the easiest and fastest ways to get your money online and your winnings offline.


Most common E-Wallets

Skrill (Moneybookers): Skrill is just the same as Neteller and has an outstanding reputation.

Neteller: One of the pioneers for using e-wallets as a tool for online gamblers. Neteller is a well trusted company and is used by online casino gamblers as their preferred choice.

PayPal: Everyone knows the name PayPal and now you can use it at your online casino of choice.

There will be many forms of payment methods to choose form at an online casino, but these are the most common and easy to use. Options will vary from site to site, but before you play, you can see what options are used at that particular site to help make your decision easier.


Other Payment Options

Check: Some casinos will allow you to send a check in or use an instant check. To use the instant check, you fill out your banking information such as routing number and account number. This option usually clears immediately.

Bank Transfer: Transfer funds directly from your checking account to fund your casino wallet.

Wire Transfers: Wire services such as Western Union let you wire money directly to the casinos. You will likely need to contact support for the information on who to send it to. There is also a fee for this service that will vary on how much you send.


American Payment Options

With the current state of gambling in America, payment options have become scarce, but you are still left with a few options.

Wire Transfers: This method also always works, but there are the fees attached to using this. The upside to this method is not having to wait for a check to arrive and funds are usually available within 24 hours.

Credit Cards: Visa and MasterCard’s are accepted as forms of payment in most casinos form American players. However, they are hit and miss and will depend on the bank you are using.

Checks: Sending a check in is one option that will always work for Americans.

Person to Person Transfers: One of the most commonly used methods to fund your casino cashier is by using person to person transfers. You send someone money through PayPal, bank transfer or other method and in return they send you money from heir cashier into yours.

Some casinos will offer transfers between account and some will not. Be sure to check if it is available before sending anyone money. And as always only use a trusted source.
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