Many people who want to immerse themselves in the world of online casinos are wary of depositing money into their online casino accounts. New players often wonder what options are available to them, whether it is safe to share their financial information with online casinos and whether they need to pay special attention when making deposits. Deposit methods explained we will look at later in this article.
The good news is that online casino deposit methods for us players at an online casino are not much different from buying something from some website or any other online transaction you’ve had to deal with. And while the options available to you will vary depending on what’s available to you and where you live, for most customers there are always ways to transfer funds to their online casino account in a safe, secure and hassle-free manner.
Credit and debit cards
Credit and debit cards are probably the most popular payment option when buying anything online in the world today. And, of course, they are often used at online casinos as one of the deposit methods.
Of the well-known brands, Visa and MasterCard are most commonly used in the online gambling industry as online casino deposit methods. Some sites also accept deposit methods for USA players using American Express or other cards, though these options are less common.
The main problem you may have when making a deposit using a credit or debit card is whether or not the transaction will be accepted. Visa and MasterCard are issued by thousands of banks around the world, and the guidelines of these banks differ considerably when it comes to handling gambling transactions. This means that one card may not be accepted at a particular site, but another card will be accepted there. The first card may well be accepted at another online casino.
This problem exists worldwide and is particularly acute in online casino deposit methods for US players, where the card acceptance rate can be quite low even on regulated sites in states like New Jersey – banks (and the online gambling industry in general) are trying to develop an effective system to categorize gambling transactions. This doesn’t mean you can’t use a credit or debit card, but you will sometimes have to experiment a bit before you find the best working combination of cards/sites for you.
Electronic wallets
Another popular way to send money online is to use e-wallet sites – places where you can keep your money in a specific account and spend it online as needed. You can also transfer this money to your bank account. These sites offer a convenient way to spend money online without having to continually make withdrawals from your bank account. This has made this method popular in e-commerce as well as in the online gambling industry.
Perhaps the best-known e-wallet deposit payment methods in the world is PayPal, which is used to process payments by many sites around the world. You may be surprised, but PayPal is not the leader in processing gambling deposits: PayPal allows its services to be used by licensed sites in their regulatory jurisdictions, which means that many sites cannot use this payment system.
However, there are other e-wallets that offer similar options for many more sites. Neteller and Skrill (formerly known as Moneybookers) are two of the best known of these: Neteller was previously the only wallet known to the gambling industry, while Skrill has gained popularity both in the online casino world and beyond.
Banking account options
You can also use your existing bank account to transfer funds to your gambling account. There are a number of ways you can do this, in many cases you can initiate a bank transfer from your bank, or you can use the e-check feature to make deposits into your casino account.
Another option for making a deposit is to use an online banking system. These fast and convenient online casino deposit methods use services designed to facilitate transfers to an online casino site or other merchant by transferring funds directly from your authorised bank account.
Prepaid options
For those who don’t want to share their financial information and credit card details online, or involve their bank accounts in casino gaming, prepaid cards and vouchers can be a tempting initiative. These products allow you to purchase cards or vouchers of a specific denomination from a local vendor and then use that money to make a deposit at an online casino. You can also make these purchases in cash, eliminating the need to use a bank account or credit card.
Perhaps best known in this category is Ukash’s voucher system. The Ukash voucher system allows individuals to purchase vouchers from ATMs, kiosks or local retailers. Each voucher contains a 19-digit code. This code can then be used for online purchases at shops, casinos or other websites.These and many other options are available at online casinos around the world, specific offers vary by country and by site. No matter which online deposit methods work best for you, you can always find many reputable online casinos available in your country that will allow you to use your chosen deposit method.