Top Payment Methods You Can Trust While Gambling
Payment options are a vital part of any online casino. Although some people play through credit cards, others may choose to use eWallets like Neteller and Skrill as an alternative. This article will give you the lowdown on these popular payment methods for gambling online:
Neteller/Skrill
The two most common ways that people pay for casinos online. With Neteller, it’s an easy way to fund your account because all deposits can be made from bank accounts or debit cards with no fees involved. However, it does charge a fee when withdrawing funds (usually around 3% depending on which country you’re in) but this is usually outweighed by the convenience of the service. If you prefer the simplicity of transferring money from on payments discreetly. Moneybookers charges 2% plus 30 pence per transaction if you choose to use a credit card (not an ATM) to transfer the cash within Europe, whilst outside Europe, there is an additional 1%.
Maestro
This is another great way of making transfers but only really useful for European players. Instead
of e account to another without having to go into banks or shops then using a prepaid card can also be an option. The best thing about both Neteller and Skrill is they work 24 hours a day, 7 days a week so you never have to be worried about being away from home when cashing out.
Moneybookers
This service has been growing steadily over recent years, especially among high rollers who want to make their payments anonymous. Moneybookers offers instant transfers to major credit cards and eWallet services like Paypal and Click2pay. There are no processing fees and there is a free method of sending transfers called ‘Direct Bank Transfer’, which means if you send an amount above £100,000, the sender pays less than 0.5p. For smaller transactions over £1000, the price is just 5p. As well as domestic UK users there are also various other currencies available such as Euro, USD, GBP and Japanese Yen.
Credit Cards
Most top class casinos offer the ability to pay in this manner. To withdraw funds from your casino account you simply have to click on the relevant button, select the type of payment you wish to make and enter the details of either an existing credit or debit card. Some casinos actually provide you with a list of the ones they accept including Visa, Mastercard, Maestro and American Express. If you try and use one that isn’t accepted, you will see an error message pop up telling you what the problem is. You may find that some casinos limit the number of withdrawals you can make via Credit Card.
This is simply a safety measure taken by many gambling websites in order to protect themselves and their members against fraudsters. What this translates to is that at certain times of year you might not be able to make a regular monthly withdrawal using the same card. By limiting the number of withdrawals you make a particular card, casinos hope that you will return to them instead and continue playing rather than move elsewhere. Of course, we would always advise that you play responsibly and ensure you don’t gamble irresponsibly.
My Citadel
The most popular form of online banking is through the Internet. Unfortunately, while these systems are very convenient, they are also extremely vulnerable due to the fact that hackers can easily gain access to your personal financial data. In contrast, My Citadel requires full disk encryption of all sensitive data stored within its systems, meaning that even if someone does manage to hack into it, they won’t be able to read anything. They can, however, still steal your identity and open accounts under your name. While this security feature is certainly reassuring, as you will know exactly where your money is going, it comes with a few drawbacks. One notable downside is that My Citadel doesn’t support reloadable cards, while most other providers do.
Pay By Phone
If you prefer to deposit cash into your account then you should look for a provider that allows you to do so. The majority of online casinos allow you to make deposits by phone, but unfortunately, only a handful of them offer this facility. This could be because they feel that people aren’t comfortable depositing large amounts of money over the telephone, or perhaps they think that it is too expensive. Whatever the reason, it is something that you need to check before signing up with any new site.
Deposits made by phone are usually processed instantly, but you will normally have to wait until the next day to receive your winnings. However, when you deposit by bank transfer, you can expect to get paid almost immediately.
Conclusion
When choosing which online casino to register with, there are several factors that you need to consider. The first thing that you need to decide is whether you want to play for real money or not. Next, you need to choose between the different types of games available. Finally, you need to decide how much you are willing to spend per month.