Last Updated: Sunday, 03 March 2024 16:22

Payment Methods In Online Casinos

Most online casinos strive to provide diverse payment methods, enabling users to deposit funds and withdraw their winnings effortlessly. A broad selection empowers players to conveniently pick the most suitable payment system to replenish their online casino account and engage in real-money gaming.

Numerous payment methods exist in online gambling, including bank cards, electronic wallets, bank transfers, vouchers, and cryptocurrency payments.

The Most Common Types Of Online Casino Payment Methods

All the payment methods available for online casinos can be categorized into the following groups:

• Bank cards. Approximately 90% of today's casinos accept VISA and MasterCard, with many also accommodating American Express for deposits.
• Electronic wallets. This method proves highly convenient, requiring minimal personal information from the player. Widely accepted international e-wallets include PayPal, Skrill, and Neteller.
• Prepaid cards. Operating essentially as vouchers with fixed denominations (typically up to $100), these cards can be purchased in physical or online stores. Prepaid vouchers, such as Paysafecard, Neosurf, and Astropay, allow for anonymous transactions, as players aren't required to disclose personal or banking details.
• Bank transfer. This method is suited for high rollers accustomed to playing with substantial bankrolls.
• Cryptocurrency. This is a modern payment method offering nearly complete user anonymity. Deposits involve sending funds to a specified cryptocurrency address. Numerous casinos accept cryptocurrencies, including BTC, LTC, USDT, and ETH.
• Other payment systems. This category encompasses payment systems enabling direct funding of a casino account from a bank. Popular options include Instadebit, GiroPay, and iDebit.

The Most Actively Used Online Casino Payment Methods

You can find the list of accepted payment methods directly on the online casino's website. Operators often tailor the allowed payment systems based on users' regions of residence. Below, we'll delve into some of the most commonly used ones.

Abaqoos

Abaqoos is a Hungarian payment system for online casinos based on electronic vouchers. The operational principle is straightforward: users register on the Abaqoos website, top up their accounts, and acquire vouchers with specified denominations. Subsequently, these vouchers can be utilized to make deposits at online casinos.

Payment for vouchers can be made in either cash or electronic money. Users can settle the amount at one of eight Hungarian banks if opting for cash. Alternatively, electronic payments can be processed through bank transfers or Neteller. Additionally, Abaqoos provides users with a complete digital wallet. However, this feature is exclusively accessible to clients of specific Hungarian banks.

 

Astropay

Astropay stands out as an international payment system established in 2009, now widely accepted in over 100 countries across the globe. Its operational framework is also centred around prepaid cards. In contrast to Abaqoos, Astropay offers the flexibility to pay for vouchers through bank transfers or cash and via various e-wallets and credit cards.

Within the Astropay personal account, users can manage up to ten vouchers simultaneously. Moreover, the payment system provides the convenience of a comprehensive electronic wallet, allowing users to store funds, execute transfers, make purchases, and more.

 

Bank Transfer

This payment method involves a direct bank transfer to the casino (for account replenishment) or the player (for withdrawing winnings). This classic option is well-suited for individuals who prefer not to utilize modern, progressive payment systems.

The critical advantage of Bank Transfer lies in its capacity to transfer substantial sums, making it a popular choice among high rollers. However, a notable drawback is the extended processing time, with receiving funds typically taking 5-7 business days.

 

ecoPayz

ecoPayz, established in 2000 (formerly known as ecoCard), is a secure and dependable payment system operating in over 120 countries worldwide. Functioning essentially as an e-wallet akin to PayPal, the system enables users to store funds in their balance, make online purchases, replenish their accounts, and access transaction history, among other features.

Funds can be swiftly added to the ecoPayz balance through instant transfers from a linked bank account. The received funds can then be utilized to make deposits in online casinos or to acquire an ecoCard electronic voucher, which operates on the Mastercard platform. ecoPayz facilitates prompt top-ups for online casino accounts and instant withdrawals of winnings.

 

Ekonto

Ekonto, established by Raiffeisenbank in 2008, is a payment system that enables online casino users to swiftly transfer funds from their bank accounts to their casino balances. To initiate an account with Ekonto, individuals are required to visit one of the physical branches of Raiffeisenbank in Austria.

 

EntroPay

EntroPay is a payment system that grants users the ability to generate an unlimited number of virtual Visa cards. Essentially, these function as prepaid electronic vouchers, holding a specific balance and requiring replenishment from external sources.

Using EntroPay is akin to utilizing a standard Visa card. When initiating a deposit at an online casino, all necessary is to furnish a 16-digit card number, the cardholder's name, CVV code, and other requisite information.

 

Euteller

Euteller allows players to promptly fund their online casino accounts through a direct online transfer of a specified amount from their bank accounts. As a Finnish payment system, using Euteller requires individuals to open an account with one of the banks in Finland.

The process of utilising Euteller is straightforward. When opting for this payment method, the system automatically redirects the player to the Euteller page. Users must input their bank account details and the transfer amount for seamless transactions.

 

GiroPay

GiroPay functions as a German payment system operating similarly to Euteller. Users can effortlessly add funds to their gaming accounts by transferring money from their bank accounts to their online casino balance.

Unlike other platforms, there is no necessity for a separate registration on the GiroPay platform. A simple account with one of the banks in Germany or Austria is sufficient. Users must only furnish a unique ID, bank account details, and the desired replenishment amount for a streamlined transaction when replenishing an online casino account.

 

MasterCard

MasterCard is an international payment system that operates almost all over the world. Online casino players can use virtual or physical MasterCard cards. With their help, you can deposit almost any amount in the online casino.

To make a deposit to the game balance, it is enough to specify the bank card's data: the holder's name, card number, CVV-code and expiry date.

 

iDeal

iDeal is a Dutch payment system allowing players to top up their online casino accounts instantly by transferring funds directly from their bank accounts. The payment method is only available to customers of some Dutch banks.

Using iDeal is basic. When selecting this payment system, the system will redirect the user to a page where it is necessary to enter bank account details and confirm the transfer. iDeal supports only casino deposits. It is not possible to withdraw funds using it.

 

EPS

EPS is a payment system, which is available only for clients of Austrian banks. It acts as a link between the user's bank account and the online casino. That is, when you make a deposit, the payment system automatically links you to your personal bank account, after which you only need to confirm the transfer.

 

InstaDebit

InstaDebit is an international payment system available in 30+ countries of the world. It allows you to instantly send funds from your bank account in favour of online casinos.

To use InstaDebit, you need to create an account on the official site of the service. The registration process includes entering the data of the bank account from which you intend to make payments.

 

Moneta

Moneta is a Russian e-wallet that supports USD, EUR, GBP and a number of other popular currencies in addition to Russian roubles. To use the service, you need to register on the official website of Moneta ru and pass verification. You can top up your wallet balance in 30+ ways, including bank cards.

Moneta allows you not only to deposit to online casinos but also to withdraw your winnings.

 

Neteller

Neteller is an international e-wallet that supports 20+ fiat currencies and more than 30 varieties of cryptocurrencies. The payment system has been operating since 1999, today its services are used in more than 200 countries worldwide. With the help of Neteller you can make deposits to online casinos and get winnings from there.

Neteller is a classic electronic wallet, but with more advanced functions. To use it, you need to register on the site of the payment system and open an account in your name.

 

Payeer

Payeer is a global payment system that supports more than 10 currencies and all popular cryptocurrencies. It is a classic e-wallet, which allows you to deposit funds in online casinos and withdraw funds. To start using the wallet, you need to register on the official Payeer website and link your phone number.

 

PayPal

PayPal is another international payment system that works as an electronic wallet. With its help, you can both make deposits to online casinos, and withdraw funds. To start using PayPal, you must register on the official site of the payment system and top up your account. To top up your balance, you can transfer from a bank account, Visa cards, other e-wallets and cryptocurrency.

 

Paysafecard

Paysafecard is a prepaid card that can be purchased at online shops and physical outlets (e.g. petrol stations). It is issued in both plastic and electronic format. Prepaid cards can be used to make instant and anonymous deposits at online casinos. However, it is not possible to withdraw winnings to the card balance.

 

Perfect Money

Perfect Money is an international payment system, which is a classic electronic wallet. It can be used to deposit to the casino account and withdraw winnings. To start using Perfect Money, you need to register on the official site of the payment system and top up your balance. You can use bank cards, direct transfers, cryptocurrency and other e-wallets.

 

Przelewy24

Przelewy24 is a Polish payment system that allows you to make instant transfers from the player's personal bank account directly to the online casino account. At the moment, the service is only available for users from Poland. To start using Przelewy24, you must become a client of one of 80 Polish banks.

 

Qiwi

Qiwi is a Russian e-wallet that allows you to deposit to online casinos and withdraw your winnings. This operator's service is available in 20+ countries around the world. To start using Qiwi, you need to register on the official payment system website and create a wallet. The number of the latter is the user's personal phone number. The wallet balance can be replenished using other wallets and bank cards.

 

Skrill

Skrill is an international payment system that operates as a standard electronic wallet. To initiate using Skrill, individuals must visit the official Skrill website and undergo registration and verification by providing document scans. Following this process, users can top up their balance using any convenient method and commence replenishing their accounts at online casinos. Skrill also supports the withdrawal of winnings.

 

Sofort

Sofort is another payment system enabling users to transfer from their bank accounts to an online casino instantly. Primarily available for German players, Sofort is supported by over 20+ German banks. Using this payment method doesn't require any separate registration.

 

Trustly

Trustly is an instant money transfer system that has already connected with over 30 banks, with the majority located in Sweden. When funding your account using Trustly, there's no need to leave the casino page. A pop-up window appears on the screen with a form requiring filling to confirm the operation.

Before opting for Trustly when depositing your casino balance, ensuring that your bank is connected to this system is essential.

 

DineroMail

DineroMail is a payment system primarily accessible to players in Latin America. It facilitates instant transfers from personal bank accounts, electronic wallets, and bank cards. To initiate using DineroMail, users must register on the service website and provide personal details.

 

VISA

VISA is a widely recognized international payment system providing physical and virtual cards. Utilizing the virtual cards, users can make deposits in online casinos and withdraw winnings. VISA cards are issued by hundreds of banks globally. To top up your account at an online casino, you only need to provide the 16-digit card number, expiration date, and CVV code.

 

WebMoney

WebMoney is a payment system functioning as an electronic wallet, allowing users to store money, use the wallet for online purchases, and top up their accounts at online casinos. With WebMoney, users can create accounts in over ten currencies and several dozen cryptocurrencies. The platform additionally features a built-in exchange where users can trade currencies.

 

YooMoney

YooMoney is a Russian payment service provider serving as an electronic wallet. Users can utilize YooMoney to top up their online casino accounts and withdraw winnings. Additionally, within the e-wallet, users have the option to issue both virtual and physical Visa cards. To use YooMoney, individuals must register and undergo verification on the payment system's website. Currently, there are three levels of verification, determining the limits on transaction volumes for added security and functionality.

 

Neosurf

Neosurf is a European payment system that operates on a voucher-based system. Users can acquire electronic vouchers from designated online and offline stores, with the addresses provided on the official Neosurf website. Utilizing Neosurf e-vouchers, players can make deposits at online casinos. However, it's important to note that Neosurf does not support the withdrawal option. To receive payments, you will need to employ other methods.

 

POLi

POLi is an Australian and New Zealand payment system that allows you to instantly transfer funds from a player's bank account directly to an online casino. You do not need to register on the POLi website to use the service. The user's bank account is connected automatically when the appropriate payment method is selected on the casino site.

 

Dogecoin (DOGE)

Dogecoin is a cryptocurrency that is among the top ten in terms of capitalisation. Therefore, many online casinos accept it for depositing players' accounts. And some virtual gambling establishments even support the function of withdrawing winnings to Dogecoin cryptocurrency wallets.

To start using Dogecoin, you must register on one cryptocurrency exchange (for example, Binance or Bybit).

 

Tether (USDT)

By its nature, this cryptocurrency is a stablecoin. That is, its rate is strictly tied to the exchange rate of the American dollar. This ensures low volatility, so this token attracts many casino players.

With the help of USDT, users most often deposit to online casinos, sending funds directly from the exchange to the specified address. However, many online casinos also offer the option to withdraw funds to USDT.

 

Bitcoin (BTC)

This is the original and most prominent cryptocurrency based on market capitalisation. Virtually all online casinos accept it, allowing players to deposit funds and withdraw winnings. Getting started with BTC involves registering on any cryptocurrency exchange, setting up a software crypto wallet, or acquiring a dedicated device for storing cryptocurrency, commonly known as a cold wallet.

 

Ethereum

Ranked second in market capitalisation after Bitcoin, Ethereum offers lower volatility than BTC, making it an appealing choice for players. With Ethereum, users can seamlessly make deposits at online casinos and withdraw theirwinnings.

 

Litecoin (LTC)

Litecoin, a cryptocurrency built on the BTC blockchain, is in the top 10 by market capitalisation. Online casino players widely utilize it for both making deposits and receiving winnings. Like other cryptocurrencies, LTC enables instant, secure, anonymous transactions.

 

Final Words

It is crucial to thoroughly review the terms and conditions of financial transactions when topping up your account and withdrawing winnings. Reputable and trustworthy virtual gambling establishments make this information easily accessible on their official websites. The details typically include minimum and maximum transaction amounts, application processing times, commissions, and additional requirements, such as completing a profile and undergoing verification.

Best online casinos for real money in 2024

 

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