Become up to date with all you need to know about the different payment methods for online casino use. We give you the complete overview of options in the market and summarise the benefits related to each of the methods available. Find more information about all the common payment methods like Visa and Mastercard, as well as all the newly-developed innovative solutions like Neteller or Skrill E-wallets.
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Pay by phonePublished 27/06-2018
As the casino industry looks to the future, several online casino sites have started to offer players mobile platforms. The public has responded positively, and the number of players who favour using a mobile device for online gambling over a laptop or desktop computer is growing rapidly. Nonetheless, the payment processing element of these sites is lagging behind and is still causing operators and players a number of problems.
When it comes to financial transactions, Visa needs no introduction. Its debit and credit cards are accepted throughout the world, and it is the system of choice for many people when it comes to online purchases. Given the depth of Visa’s reach, it comes as no surprise that it is one of the most popular methods of adding funds to online gaming accounts. The majority of Internet-based casinos and gambling sites accept Visa payments, be it in the form of credit, debit, or prepaid gift cards. For many people, Visa is nothing short of the easiest way to fund a gaming account.
Being able to pay our bills online might be something we have grown used to, but the fact is that people took a long time to embrace the notion. Indeed, doing so was possible as long as 20 years ago, though very few took up the convenience straightaway. Now, however, both behaviors and attitudes have changed, with most people regularly using online banking to transfer funds and to keep their bills up to date. It would even be a fair observation to make that people consider this to be the safest way of transferring money around, and certainly the most easily manageable.
Once operating under the name Moneybrokers, Skrill has evolved into one of the world’s biggest online money transfer operations. It functions in a way that combines the PayPal and Neteller systems. In addition to being a common payment system on gambling websites, its versatility entails that it is also used across a range of alternative industries.
The prepaid product is perhaps one of the most overlooked categories in the world of online gaming. However, there are tons of appealing options, including cards, vouchers, and other items that can all be preloaded with cash and offer great methods of transferring cash to online gambling websites, especially for players who do not have access to more traditional banking methods or do not like to share their banking details online.
When it comes to online casino payment systems, PayPal needs no introduction. Millions of users throughout the world currently use this e-wallet payment system to conduct online transactions. However, interestingly, the iGaming boom has not contributed to the explosion of the PayPal casino that was once anticipated. However, as time passes, more and more online casinos are offering PayPal as a payment mechanism and this is only set to increase.