Online casinos are more popular than ever — there are hundreds, if not thousands, of them online. There are several different factors you should keep in mind when choosing an online casino; among those factors, one of the most important ones is payment methods. When a player is considering whether to play in your online casino or not, payment methods can be a determining factor.
Nowadays, there are several different online payment methods such as credit and debit cards, e-wallets, prepaid cards and vouchers, mobile payment methods, and bank transfers.
Undoubtedly, credit cards and debit cards are one of the most popular methods of payment because of how convenient they are. Some of the most popular card payment solution providers such as Visa, MasterCard, and Union Pay facilitate electronic funds transfers across the world, allowing users to make fast and secure online transactions.
To use a credit or debit card, a bank, credit union, or government entity first needs to issue a card and connect it to your account. Afterwards, all you have to do is input the info on your card before making a deposit.
While credit cards allow you to have a negative balance and loan money, you won’t be able to use a credit card unless there are funds in the account that’s connected to your card.
E-wallets are designed for those who want a bit more security. Instead of linking your bank account to a casino, you can simply make deposits via e-wallets.
As the name suggests, they work as virtual wallets and allow you to deposit funds in your e-wallet and then use those funds as you see fit. Some of the most popular e-wallets are Skrill, Neteller, EcoPayz, QIWI, Yandex, WebMoney, Inovapay, and Jeton.
Prepaid Cards and Vouchers
Prepaid cards are like temporary e-wallets, and they are an ideal choice for players who value their privacy. Instead of having to use your credit card or e-wallet info to make a deposit, a player can purchase a prepaid card in their local currency and then use the 16-digit code on the prepaid card to make deposits online, all while remaining completely anonymous.
If you think that this method of payment suits you, the best prepaid card and voucher solution providers are AstroPay card, Paysafecard, Boleto, Neosurf, and Paykasa.
A lot of players enjoy playing in online casinos via their smartphones, which is why mobile payments like Zimpler, Beeline, MTS, Megafon, and Tele2 are extremely popular among the players who enjoy playing on the go.
These methods allow you to connect your phone number to your credit card or your bank account and then make secure payments online after receiving a security code or using your thumbprint to verify the transaction.
Apart from prepaid cards and vouchers, all of these methods involve using a bank account, which is why many players opt to deposit and withdraw funds using bank transfers. The process is relatively simple — all a player has to do is input their bank account information before confirming a transaction.
However, keep in mind that the process may vary from one bank to another. Some of the most popular bank transfer payment methods are INPAY, AstroPay Direct, SEPA Express, and Interac.