We have witnessed that in the previous decade, with the rapid growth and development of technology, but also of the Internet, the number of online casinos has increased many times. Today, it is possible for each of us to play casino games, from our bed, through our mobile phone. Due to the increasing number of users, a large number of online casinos have decided to support multiple payment options to help their users.
How does an online casino work?
In order to be able to gamble in an online casino, you need to have an account created in the chosen casino. In order to create an account, you need to enter your basic data from the ID card, the ID card number and some additional data (it depends on the casino). Once you have created an account, you need to deposit funds into your account in order to be able to play online casino games. Once you have the funds, all that is required is to choose one of the many games and try your luck.
Popular methods for depositing money in casinos
As we have already said, thanks to the increasing number of users, online casinos decide to support different types of casino payment methods, in order to make online gambling easier for their users. The most commonly used methods can be divided into several groups: e-wallets, bank cards, cryptocurrencies.
E – wallet
E – wallet is an internet platform or application, with which you can pay on the internet, but also receive money. Your e-wallet can also be linked to your bank card, but this is not mandatory. E – wallet is a very popular method for making deposits in online casinos. Also, this option can be used to withdraw money. If the e – wallet is not connected to your card, you need to transfer funds to your e – wallet in order to be able to make the payment. Some of the most commonly used e – wallets:
- PayPal – PayPal is one of the oldest online payment platforms. It was created 25 years ago. It is a very safe and reliable platform.
P – easy to use, secure, fast money transaction, app for Android and IOS
C – not legal in all countries of the world, transaction fee, additional fee for withdrawing money.
- Netteler – Netteler is an e-wallet, also one of the oldest platforms, created in 1999. A very commonly used e-wallet, which is reliable and secure.
P – easy to use, instant money transaction, available app, supports multiple currencies
C – not available in all states, transaction fee.
- Skrill – the most popular e-wallet, available in many countries, was created in 2001.
P – very secure, available in many countries, prepaid card, supports many currencies
C – transaction fee, time required for verification.
Bank cards
Debit cards are one of the oldest and most popular methods of making deposits to an online casino account. In order to be able to use this payment option, you need to open an account in the selected bank. If you have one of the international credit cards (MasterCard, Visa, American Express, PaySafe card, Union Pay, Entropay…), you can gamble in numerous world casinos, if they are supported in your country.
Crypto currencies
Crypto currencies are one of the youngest payment methods, not only in online casinos, but in general. Many casinos have supported this payment method, and it is certain that even more casinos will support this payment method. Cryptocurrencies accepted:
– Bitcoin – the most popular crypto currency, is supported by numerous casinos.
– Ethereum – the second most popular crypto currency, has become available in an increasing number of casinos.
Paying with cryptocurrencies is very fast and easy, and it’s also very secure, so you have no reason to fear for the security of your privacy and data.
How to deposit funds into your online casino account?
Depositing funds into an online casino account is very simple and easy. You need to have an account in one of the online casinos. When you want to deposit funds into your account, you need to select the deposit payment/withdrawal option. Once you’ve done that, you need to select one of the payment options listed, and then enter the amount you want to pay. After that, depending on which method you use, the payment will be completed in two to three steps.
How to withdraw funds from your online casino account?
Once you have decided to withdraw funds from your account, all you need to do is select the deposit/withdrawal option. After that, you need to select a payment option. Once you’ve done that, you need to enter the payout amount. After you have confirmed the payment, depending on the method you used for payment, the funds on your e-wallet, bank card or crypto wallet will be available immediately and within a couple of days at the most.
A large number of casinos support all the mentioned payment methods, but it is certain that there is no online casino that does not support at least one of the mentioned payment options. Therefore, if you have decided to play games in an online casino, it is certain that you will be able to find a safe and reliable online casino that will support your preferred payment method.