Are you shocked by the abundance of casino payment methods? Do you know how to choose between PayPal or Skrill? This guide answers all your questions.
Payment Methods – Your Guide to Some of the Best Options
Players are spoiled for choice when it comes to topping up their online casino accounts in 2022. For instance, there are the traditional banking methods, where you fill in your credit or debit card details at a site. Alternatively, you could opt for an eWallet payment, where your funds instantly move from your digital wallet to your account.
Another method that’s growing in popularity is cryptocurrency. This is something to watch out for in the years ahead. Right now, however, we don’t list any cryptocurrency casinos in our recommendations.
PayPal has rapidly become one of the world’s most trusted payment methods, and it now operates in over 200 countries. It has become almost ubiquitous at online casinos, and simply seeing the logo can foster trust in players. Instead of having to key in your details at a site, you simply log in to your PayPal account and transfer the funds that way.
Skrill is a major player in the online casino industry and has been available as a payment method since 2001 when it was known as Moneybookers. The eWallet now operates in over 120 countries and has become highly trusted among players.
Nearly every site we list takes payments using Skrill, highlighting how highly players value it.
Neteller has been in the business for 23 years and has long been associated with online casino payments. It is now owned by Paysafe Group and operates globally. Users can transfer funds using the Net+ card that moves funds from the eWallet to a merchant and vice versa. There’s also the option to link Neteller to your bank account and allow it to act as a middleman between the two parties of a transaction.
Nearly every site we list in the USA accepts ACH transfers. The Automated Clearing House network is renowned for being one of the most reliable funds transfer systems. The only downside to this method of payment is that it can sometimes take longer than the other options mentioned here. This is because the funds need to be clear from the user’s account first.
Because authorization and payment occur in separate systems, players don’t need to worry about keying in sensitive information at an online casino. This service is exclusive to the US, so players here are privileged to have this option.
Credit Card & Prepaid Card Casinos
Credit and debit card payments are still the most prevalent options at online casinos, with nearly every site in the USA accepting at least Visa or MasterCard. You’ll need to input your bank details with the site you want to play at, but the bank security system should activate two-factor authentication for added safety.
Many sites also allow players to top up their accounts using a prepaid card. This is a good method for anyone cautious about sharing their card details online. You have full control of how much cash is on the card at any time, meaning that you don’t have to worry about your details being stolen.
Top Casinos With Multiple Payment Methods
Whenever you win at an online casino, the funds will enter your account at the site. To take them out, you need to click withdraw and then select the bank account or payment provider that you want to move the funds to.
Different payment methods have varying withdrawal speeds. Currently, eWallets provide the fastest payouts, which are typically performed within 24 hours.
Whenever you claim an online casino bonus, you should always read the terms and conditions first. Sometimes, it may only be compatible with a specified payment method.
What is the most popular method of paying for online casinos?
The most popular casino payment method has shifted over time. In the early days, credit and debit cards made up the bulk of transactions, but more recently there has been a move towards eWallets.
You should always check to see if the online casino you’re playing at has 24-hour support. This way, if there’s ever a problem with your payment you can then get help straight away. It would also be wise to contact your payment provider.