Online casinos across the world have become a source of entertainment for so many people and what also makes them quite appealing to the players is the fact that they are convenient, secure and innovative.
However for you as a player to get the best experience with an online casino, one of the most important factors that you need to consider is the deposit methods available on the site.
Despite technological advancements, most people still feel uncomfortable using their cards over the internet and some people don’t actually find it easy using their cards online and so they conclude that it is quite difficult to make deposits on online casinos.
But we need to understand that funding your casino account is not as hard as you think, especially if you utilize the trusted payment options.
In our article, we will take an in-depth look at the varying payment options available on most casino websites.
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DEPOSIT METHODS FOR ONLINE CASINOS
In case you are just hopping into the world of online casinos, it is best that you understand that there is varying payment options made available on most of these websites.
The payment option also depends on your country of residence and not on the casino alone as some payment systems are restricted in some countries.
Credit and Debit Cards
These are one of the most popular payment systems available and are available across the world. But we need to point out that even as most casinos accept this kind of payment system, not all types of cards are accepted on the platforms.
In some casinos, Visa and MasterCard are the only cards accepted, while some other ones will accept Maestro and American Express. This payment system is mostly instant and your account will be loaded once the processing is completed, which doesn’t take much time.
This is another alternative that is most preferred by some players, especially those that will love to make a huge deposit and those that are quite skeptical about releasing their financial information over the internet.
And unlike some other payment system, the bank transfer can be either used to make deposit and withdrawals.
The only set back that one could face using this type of payment system is that the processing time is not instant and it can take up to 10 working days before your withdrawals is transferred to you.
This is another payment method that is gaining popularity among casino players. E-wallets are virtual payment systems just like an online bank account.
It is quite easy to make payment using this system.
Making deposit with this system is also instant and secured. And you might not necessarily be charged any fee when you are using an E-wallet as your payment option. Withdrawals using the system may take up to 24 hours.
Example of E-wallet payment platforms are PayPal, Skrill, Neteller, MyCitadel and many others.
Prepaid Card or Voucher
You can also make deposits using either a voucher or a prepaid card. This form of payment is more suitable for players that do not have either credit card of E-wallets.
This payment system is also not difficult to use as you are only required to purchase the card, which has been topped up with a certain amount of money. You can then use the top up to make payment on the casino website.
Example of the popular virtual cards are AstroPay, Paysafecard, EcoVirtualCrad, EntroPay and many others.
How To Fund Your account
The first thing that you are expected to do is to register with an online casino after which you will be required to make deposit into the account.
Making deposit into your account is quite easy, but you need to remember that all payment systems are not offered on all the websites. So be sure that the payment option you have is available on the site.
You will be required to input your card details, which include the number written on the front side of the card, expiry date, and the CCV. Once that is done, you then set the amount that you wish to deposit into your online casino account.
Can I view my deposits?
Yes, it is possible for you to view your transaction history on the website
What is the most popular payment method?
This will depend on your country of residence. Some payment systems are restricted in some countries, but MasterCard seems to be available to most users in many countries of the world.
Is there any minimum deposit?
Most casino websites accept minimum of £5 and can take as much as £50. The minimum deposit will also depend on the payment system you are paying with.
Do online casinos accept Bitcoin?
Bitcoin is a digital currency which is also being used on the internet for payment solutions. It is becoming popular among internet users and this is the reason why some casinos are accepting it as a form of payment on their platforms.
In fact there are some online casinos that the only form of payment acceptable is the bitcoin and other types of crypto-currency.
What currencies are acceptable?
The currency accepted on any online casino will depend on the country it is being run from. Generally most of the casinos accept currency in the form of USD, GBP, EUR and many others.
It is although more beneficial when you make payment in your own local currency.
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