UK Casino Payment Options
With hundreds of casinos online to choose from these days, you’re not going to have a problem finding one the works for your preferences and experience level. Many online casinos even offer the option to test some of their games for free. But if you want to win real money, you need to make real wagers and fund your online casino account.
For newbies to the world of online casino gaming, though, one of the biggest worries about joining an online casino is the thought of handing over your personal details so you can move money in and out of your casino account.
Whether you’re worried about hidden fees, the ease of use or you have security concerns, there are plenty of fears that pop up and prevent players from having fun at online casinos.
The good news is that online casinos offer an array of payment and withdrawal options for UK players that are secure, fast and incredibly easy to use. These options range from credit and debit cards to virtual cards, e-wallets, online banking and even e-checks.
An Overview of Online Casino Payment Methods
Some banking methods for UK casino players are only accepted for deposits, whilst others are suitable for both funding your casino account and withdrawing your winnings. Most of the time, online casino operators don’t charge fees for your deposits. However, it’s always important to go through the casino’s terms and conditions so that you have a good understanding of its policies in terms of payments.
Some online casinos even reward players with additional reload bonuses if you choose a particular payment method. Others don’t let you take advantage of certain bonuses or promotions if you use a certain payment method – it’s all in the terms and conditions.
Most accepted payment methods, such as online banking and e-wallets, are incredibly fast and convenient. They also ensure that your deposits are instantly processed. So, all it takes is a couple of clicks and you get to start playing your favourite casino games with real money wagers. Take note, though, that withdrawals can take a little longer to complete depending on the casino’s verification process.
Security is, naturally a big concern. But when you play at a reputable online casino, these worries are unwarranted. All established and licensed online casinos place a great deal of emphasis on security. The sensitive information that you share is well and truly coded with first-in-class encryption to prevent anyone gaining access to your personal or banking details.
The Best Deposit and Withdrawal Methods for UK Players
As mentioned, most online casinos offer a plethora of reliable payment methods for you to make instant and secure deposits to your player account. Some of these payment methods allow you to both depositand withdraw funds. Others limit you to just one of the options. Most of the time, you don’t need to pay any fees to fund your casino account.
But in some situations, there are charges that might apply, which is why we always stress the importance of reading the terms and conditions of your preferred online casino.
Below is an outline of the most popular payment methods available to UK online casino players.
MasterCard and Visa
Most online casinos, if not all of them, accept credit and debit cards. Since more players possess a credit or debit card, it’s little wonder that it’s the most popular deposit and withdrawal method. Besides MasterCard and Visa, other popular banking methods include American Express and Maestro.
This method of payment gives you the chance to fund your casino account in no time at all, so you can carry on with what’s important – playing your favourite games. It’s incredibly quick and secure to make deposits using your credit or debit card, which makes it a great choice for players.
Typically, deposits made with a card are instant, whereas withdrawals can take up to three business days. You usually don’t have to any fees when using your debit or credit card to fund your player account.
Despite the introduction of an array of e-wallets, many online casino players still prefer to use bank transfers to fund their casino account. One of the main reasons for this is that bank transfers give you the opportunity to deposit larger amounts of money securely. You don’t even need to enter your financial details.
If you consider your betting style somewhat extreme, and you prefer to wager substantial amounts, bank transfers will suit your needs. While the processing time can take up to 10 business days, this online casino payment method is considered extremely reliable.
You can also use bank transfers to withdraw your winnings.
Neteller has quickly become a popular payment solution used by many UK casino players. You’ll find this payment method available in most legitimate online casinos, which is always a good indicator that it is safe and reliable.
Neteller is a kind of electronic wallet that you can use to top up your player account. The popular online payment solution supports a vast range of currencies, which means you can easily make deposits using Sterling.
If you do choose Neteller to fund your casino account, you can look forward to your funds being processed immediately and securely, regardless of whether you want to deposit funds or withdraw your winnings.
What’s more, whenever you use Neteller as a payment method, you don’t have to budget for any additional or hidden fees.
Skrill is another popular e-wallet that you can use to quickly and easily fund your online casino account. It’s another one that’s favoured amongst UK players as it offers the chance to make instant deposits at your favourite casino.
Skrill has an exceptional reputation for being incredibly secure and reliable. It boasts cutting-edge security systems that provide superior levels of protection for your sensitive information.
If you do choose to use Skrill, you can look forward to quick and effortless access to your winnings and payment details whenever you need them.
Deposits with Skrill are instant and withdrawals are typically processed within 24 hours.
Paysafecard is yet another easy-to-use payment method that’s highly popular amongst UK players. It’s essentially as prepaid card, similar to a voucher.
To use Paysafecard, you must first buy a card, which you’ll find in in any number of outlets. The card supports an array of currencies, so you will most likely not have to worry about currency conversions or loss of money to fees.
With Paysafecard, you can fund your casino balance in a matter of minutes. Once you do choose this online casino payment method, you will find yourself being redirected to the Paysafecard website. Here, you’ll need to enter a 16-digit code. It’s a unique code you will find on your voucher.
While you can top up your player account with Paysafecard, you cannot withdraw winnings to it.
Innovative Payment Method Alternatives
Besides the traditional online casino payment methods mentioned above, there are a few unique and exciting alternatives starting to make an appearance in UK online casinos. Not only have more players begun turning to Bitcoin as a way to make deposits and withdrawals, they’re also turning to their mobile phone bill as a safer source of payments.
Bitcoin is a virtual currency. This peer-to-peer online payment system has well and truly soared in popularity in the last couple of years. You can acquire bitcoin through a mining, or payment processing, or you can purchase it from particular outlets.
As online casinos continue to look for new ways to make the player payment process easier and safer, we’re seeing more online casinos using Bitcoin. The biggest benefits are not just versatility, but the security and anonymity of Bitcoin payments.
Pay by Phone Bill
There’s no denying the increasing popularity of mobile casino gaming. In fact, we’re only going to see an upsurge in mobile gamers going forward.
Naturally, players are concerned about safety while also looking for innovation and efficiency, especially when it comes to online casino banking. The pay by phone bull deposit method is one of the latestpayment systems starting to appear in popular UK online casinos. So far, it’s proven highly secure and efficient and is a first for mobile casino gamers.
What Makes a Payment Method Best?
So, what is the best way for you to make your online casino deposits and withdrawals?
There are 3 things to consider before you choose a particular payment method.
Your first priority is always safety. On the whole, you may consider credit and debit cards the least safe since you need to provide details that could be misused at an irreputable online casino.
The next thing to consider is how quickly payments and deposits are processed. With this in mind, onlinee-wallets score tops.
Finally, what are you comfortable with?
Safety and Security Comes First
Safety and security are, of course, both you and every online casino’s number one priority. As with any kind of payment method, you need to provide sensitive banking data. So, your first step, before you even sign up at an online casino, is to carefully check the website’s verification. At the very least, there should be an SSL certificate which makes phishing difficult.
The next thing to look out for is data encryption. The online casinos that we rate, and review all use the latest encryption technology and safety measures, but it’s always worth checking the credentials yourself for complete peace of mind.
One More Thing to Keep in Mind
We briefly mentioned this earlier, but it’s worth mentioning again. If you’re on the hunt for great online casino bonuses and promotions, always read the fine print. Some payment methods are exempt from promotions or bonuses, whereas others may be qualifying criteria for a particular offer.
UK players have plenty of payment method choices. Simply make sure you’ve read the terms and conditions and know what to expect in terms of fees, processing times and convenience before you fund your online casino account.