Payment Method at Online Casinos

Online casinos are offering an increasing number of payment options for you to fund your online casino account. However, for many, enhanced choice is accompanied by increased confusion. But worry not - Online Casino Reports are here to talk you through your options.

What's on Offer?
§  First of all you need to establish what payment methods are available. All casinos have these listed on their sites and we list them on each casino's review page, e.g. JackpotCity Casino.

§  If you are registering with a new casino, you also need to double check the sign up offer, as this may be based around specific payment options.

§  Finally you need to select a payment method that you feel comfortable with. In order to feel at ease you will need to understand exactly what is on offer... so read on!

Your Choices
§  Credit or Debit Card
Credit and debit cards are a fast, easy and secure method of funding your betting account. Most sites ask you to register your credit card on your first deposit but subsequent deposits are then quick and easy.

Different sites accept different cards so check to see if yours is listed. Most include a selection of the big names, such as Mastercard, Visa, Diners Club, Maestro and Switch.

§  Virtual Credit Card
These virtual cards enable you to make secure and instant deposits into your online casino account. They need to be funded by credit or debit cards but the advantage of these is that they make anonymous payments, enhancing your online security.

Virtual credit cards can be set up in different currencies so you need to make sure that you align the currency of your virtual credit card with that of your betting account. Examples include Wirecard and Entropay.

§  Vouchers
Some online casinos accept vouchers. These tend to be casinos which have land based sites or betting shops where the vouchers can be purchased. William Hill is one online casino that accepts vouchers.

§  E-wallet/Instant Deposits
This is a simple and secure method of making instant deposits into your casino account. E-wallets need to be funded by a credit or debit card. Another option is to arrange for instant bank (or wire) transfers directly from your bank account, so it is worth checking if your bank supports this method.

Examples of e-wallets include PayPal, myCitadel, MoneyBookers, NETeller and Click2Pay.

§  Prepaid Card
Prepaid cards are debit cards into which you deposit funds that you can draw out later for account deposits. Examples of prepaid cards include EcoCard and Ticket Premium.

§  Bank Transfer
This is the transfer of funds directly from your bank account to your casino account. Transactions can be made via online banking, telephone banking, by a cash deposit at your bank, by a certified check or via a bankers draft.

Things to check:
Does your preferred payment deliver instant payments, meaning that you can begin betting straight away?

How long will withdrawals from your casino account take to action?

Does the online casino give preference to particular payment methods? They may have deposit deals or sign up offers that are linked to certain cards or methods.

Does the casino you use has a Privacy Policy and will therefore take steps to protect your personal and financial data.

Once you have identified the options available you can then take into account the benefits of individual options and settle on the best bet for you.