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Best online casino payment methods

Almost 20 years ago now, with the rise of online casinos, online banking started to blossom. Players all of the sudden saw a wide range of payment processors available. Although there was a massive growth of online banking options, everyone made sure that security stayed the number one priority.

On this page, we will explore what payment options are availble, popular and more importantly, secure and trustworthy. We hope that with the information provided, your online casino journey will be safe and enjoyable.

Trustly

One of the more popular payment methods in Sweden, Finland, Denmark and Spain, Trustly is authorised by the Swedish Financial Supervisory Authority. This means, if you are creating an account at a Trustly casino, you can deposit your funds directly out of your bank account. Trustly enables transactions between your bank and your online casino account. It is considered safe, convenient and most importantly, does not apply any additional fees or verification delays.

Skrill

Skrill, one of the worlds most recognizable e-wallets in a popular deposit method in many online casinos. With Skrill, you can simply upload your funds to your e-wallet and never have to worry about giving online casinos your bank details or credit card information. Another big advantage of using Skrill is that registration is quick and easy.

Mastercard

Given it’s popularity with the general population, Mastercard is the leading option for many online casino players worldwide. With its offer of Debit and Credit cards, most casinos find it mandatory to include the payment provider for deposits and withdrawals. Mastercard offers a high level of ease of use, security and dependability.

Different types of casino payment methods

Before joining any online casino, we would advise you to check their list of available payment methods. Just to be sure and enable you a smooth journey. These are the payment methods we took a look at while listing new online casinos.

Credit Card payments

With Visa and Mastercard being an inhouse name, it goes without saying that credit and debit card payments are available in practically every single online casino there is. Using one in order to make a deposit is quick and easy. Players just need to enter their card details, go to the checkout page and that’s it. They also remove the need for any additional payment providers, therefore eliminating any unwanted fees.

e-Wallet online casinos

e-Wallets are in their core, designed for customer security and user experience. They are a popular choise amongst those who do not wish to give their online banking and or credit card information to online casinos. This offers an additional layer of security and protection. To use an e-Wallet, all you have to do is transfer the funds to your account and you are good to go. Some of the most popular choices are Skrill, Neteller, Payz, MuchBetter and many more

Online Bank Transfer

Now if we go back to basics, online bank transfers are probably the oldest and most reliable source for your online casino deposits. There are numerious payment processors which act as a link between your bank and online casino. While it is one of the more straightforward options, at times, it can take much longer to process. Some online casinos list their waiting period for withdrawals for up to 3 banking days.

Crypto deposits

Bitcoin, Ethereum, Litecoin and many more are quickly entering the market of online gambling. Instant transactions, almost full anonymity and minimum to no fees, are just some of the advantages cryptocurrencies are offering their users. Crypto casinos, such as Stake or BC.Game have quickly recognized his and have taken full advantage of the boom.

How to choose the right payment method for you

So you’ve taken a look at the gambling license, country availability and game providers of the online casino. Now it is time to look at the available payment methods for online casino deposits. Casino operators put high focus on their deposit methods, simply because, a larger list means more players to play their games.

Not only do we see the availability of traditional credit cards and e-Wallets, online casinos are also starting to integrate with other financial service providers in order to attract more players.

Let’s take a look at what we suggest you pay attention to.

Deposit and Withdrawal limits

While the payment provider itself is an important factor, we advise you to also check the casinos withdrawal limits. Especially for those of you who like to play high stakes. While the industry norm is somewhere around 5.000 EUR / USD deposit limit for credit card and e-wallets, there are some casinos that increase (or even decrease) the limit based on your VIP status. And of course, there are crypto casinos which do not impose limits for their players if using crypto currency.

Casino bonus

Based on the payment method you use for your deposits, you could also end up being entitled for deposit bonus. While it is totally normal for bonuses to be available in all deposit methods, there are some operators who add a little extra incentive for crypto deposits. Most frequently this comes in the form of a deposit cashback program or additional benefits such as free spins on a selected slot. Be sure to check out our bonus section where we cover all of that as well.

Security

If we take into account everything written on this page, security should be the number one priority when it comes to online casinos. While true, it is a joint responsibility between payment providers and online casinos, you should always read user reviews about your chosen casino, before making a deposit.