Most players who are used to playing online with real money have a clear idea in their mind as to which casino payment option they want to use to make their deposits but for the many newbies deciding to sign up at an online casino, theirs is still a learning process. We keep you updated on payment options news and the latest developments happening today at online casinos.
An online casino should offer a variety of payment and withdrawal methods, some online payments and withdrawals are instant, while others can take a couple of days to go through. Register at one of our recommended casinos in a few quick and easy steps and when it’s time to withdraw your funds, you’ll be able to do so quickly, easily and stress free!
Most online casinos these days will allow you to make withdrawals using a debit or credit card like Visa, Visa Electron and Mastercard, but these methods take a little longer to process, usually between 1-5 days. The more evolved sites will also allow you to use an e-Wallet service such as Paypal, Skrill and Neteller and Virtual Prepaid Cards such as Entropay and Paysafecard. In some cases, Bitcoin is also offered.
The fees and charges as well as the minimum or maximum limits vary from casino to casino, but these are the norm:
Bank Transfers and Wire Transfers are always a good option if you decide to use a unique deposit method like a virtual prepaid voucher. Debit Cards are also free to use and allow for quick cashouts. Most major credit cards can be used for withdrawals and in most cases if you’ve used a credit card to make your deposit, you’ll have to use the same card to withdraw your winnings. Fees vary depending on the credit card service.
An eWallet service like PayPal, Skrill, or Neteller, can be used for quick transfers and best of all they are usually free of fees, although some fees apply when moving the cash from your e-wallet.
In order to play real money games at an online casino, you will need to part with sensitive banking data as well as personal information like your name, address and date of birth. A safe and reputable online casino uses sophisticated technical security to ensure your data is completely protected. You may have heard of data encryption, it is a 128 or 256-bit encryption which will convert your personal and financial information into strings of unbreakable code. If you still doubt that online casinos are secure consider that banking institutions use exactly this level of protection.
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