The Best Payment method to use in online casino in summer 2021
Summer is just around the corner, which means it’s time to let your hair down, loosen your guard, soak up the sun and have lots of fun!
One of the ways of having a fun time is by playing online casino games. But before rushing off looking for a live casino STS, or a live casino to play, it’s important to consider some factors such as the variety of games offered, mobile compatibility, and amount of bonus offered. Arguably the most important factor to consider is the casino payment options as this determines how you withdraw and deposit money.
All thanks to modern and advanced technology, transactions have now been made easy and secure as there are now several convenient ways you can deploy to deposit or withdraw money from your casino account. Don't know any convenient payment method? Read on to find the best payment method to use in an online casino.
Online casino payment options to consider
According to Econotimes, there are several payment options casino operators offer. For simplicity, we have divided them into four broad categories.
1. E-Wallet payment option
Digital payment methods are now the rave these days. Examples of these e-wallets include Neteller, PayPal, EcoPayz, Skrill, and EcoCard. Asides from the ease and convenience of transacting business online, these digital wallets also offer an extra layer of protection.
For instance, if you encounter problems using PayPal, you can contact the platform yourself and file a complaint directly. Not only will you get your complaint resolved in no time, but you will also feel more comfortable carrying out online transactions as all your dealings are recorded and easily traceable.
2. Credit card option
This is by far the most common way many people use in carrying out online transactions. These credit cards are either MasterCard, American Express, or Visa and are accepted by nearly all online casinos.
To carry out a successful online transaction with your credit card, you only need your security code and card number. This card will come in handy even when you are outside the country or at an offshore online casino.
However, note that according to the UK Gambling Commission, UK residents are prohibited from using credit cards on any gambling activity. This is owing to the country’s stance against gambling and other addictive activities.
3. Crypto option
Although the first cryptocurrency to emerge was Bitcoin, others such as Ethereum, Dogecoin, Ripple, and so on have since emerged. Many businesses including the gambling industry have now embraced the payment option with some online casinos solely dedicated to crypto users only.
The wide acceptance is owing to several reasons. For starters, cryptocurrency provides anonymity, there’s also the fact that you get to avoid the hassle and stress that banks often give when trying to process gamble-related transactions. Also, cryptocurrencies are cheaper due to their decentralization. And because of this, they offer more rewards and bonuses to their players.
4. Offline banking payment method
While new and easy payment methods now exist, many still prefer the more traditional payment method including writing checks, wire transfers, and payment processing via MoneyGram or Western Union.
More often than not, you will need to visit your bank to carry out some of these transactions. For instance; for bank transfer, you may visit your bank and have a representative transfer the money for you. These methods are archaic, tedious, and attract additional charges, but are preferred by those who aren’t comfortable leaving traces of their data online.
Overall, these payment options enable you to have a more enjoyable online casino experience.
This article does not necessarily reflect the opinions of the editors or the management of EconoTimes