Online Deposit and Withdrawal Options
If you are thinking of playing online casino then you would have to consider the various online banking options available for your deposits and withdrawals. Some banking options restrict people from other countries so you would have to select the best banking option of your preference. If you are a USA based player then you would have to note that there are some online casinos which do not allow USA based players and others allow USA based players but they do not offer flexible banking options. In this guide we have outlined some of the popular online banking options that are used by several online casinos. These banking options will also help you to select the best option which is flexible for you when you are thinking of playing online casino.
Credit cards (Visa, MasterCard, DinersClub)
Credit cards are the most commonly used for making deposits at any online casino. All you have to do is provide all your personal details and your account will be funded instantly. Several players are not comfortable by providing their personal details to any online casino especially if it is not highly trusted and thus players would opt to make use of other online banking options available. Credit cards are very safe to use and most of these payment transactions are processed on a secure server that will not disclose your personal information to third parties.
Another advantage of using credit cards is that the deposits are done instantly and several casinos allow a wide range of credit cards but some of the American credit cards are not accepted. In the event that you have been defrauded by a casino, you are able to receive back your amount and this can take a couple of days.
Withdrawals are only possible in some countries and they prefer Visa withdrawals while DinersClub and MasterCard withdrawals are restricted.
Click2Pay
This is a popular E-wallet casino banking option for withdrawals and deposits. Click2Pay is based in Germany and it is available to many countries and the account can be opened in several currencies at which it would be flexible and convenient for you.
Funding your Click2Pay account is very simple and this can be done by making use of wire transfer or you can simply make use of your credit cards. The deposits are done instantly and made available at the casino that allows funding by Click2Pay.
For withdrawals, players are able to make withdrawals making use of their registered bank and the withdrawals can be done at any given time.
Many online casino players say that the e-wallet is expensive to use and the only withdrawal options available is by bank wire and check and the charges are way to high. The customer service is not that up to standard as compared with the other e-wallets available due to the fact that their mail response is very long and they do not offer live chat.
This e-wallet allows you to make deposits at online casinos without you having to disclose you credit card and bank information. C2P is very good for making online casino deposits and the withdrawals are very fast.
ClickAndBuy (Firstgate)
This is also a German based e-wallet which provides deposits and withdrawals in several currencies. This is one of the biggest payment options which is very popular and they provide a superb 24/7 customer support.
Players are able to make withdrawals and deposits by making use of their bank account and also to include credit cards and it also offers other methods of withdrawal. The deposits are done instantly and it is very suitable for gaming purposes.
Creating an account is very easy and the account can be funded by your bank account and the funds will reflect instantly in your account. The withdrawal method is very fast and many online casino accept this e-wallet.
The customer support is splendid and they provide you with clear and accurate information. Several online casinos, poker rooms and sportsbook provide an attractive bonus if you make deposits using ClickandBuy.
This e-wallet welcomes USA based customers but their accounts are restricted for gambling transactions.
Another advantage about using ClickandBuy is that many online shops accept this e-wallet and you do not have to disclose your bank details when making online purchases.
This is one of the best online payment processor for online gambling and i would recommend it to anyone who is allowed to use it.
EntroPay
This is a Visa debit card provider. All you would have to do is load funds in to your Entropay account and you will be able to register your card at any online casinos. The deposits made will be deducted from you EntroPay account and funds will be available immediately.
Several online poker sites offer additional bonuses for making use of the EntroPay for your deposits. The sign-up / registration is very easy and the process is quick. Once you have opened your account you can fund it instantly by making use of several options such as Click2Pay, bank wire and then you receive you virtual prepaid credit card instantly at which you will be able to make use of it at many online poker sites and also to include online casinos of your choice.
The withdrawals are also simple and straight forward. You can simply sign-up for an ATM card and they will send it to you at your residential address and the funds will be available instantly for withdrawal.
The problem with the EntroPay is that it does not welcome USA customers anymore. Not all casinos offer this payment method.
All in all, the EntroPay offers a great service.
eWalletXpress
This is a popular e-wallet based in USA which processes online casino deposit and withdrawals. The customer support is very good and available 24/7. The account can be funded by the use of your bank account and various methods. Players are able to make deposits and withdrawals on several online casinos which accept the eWalletXpress.
Several online casinos can offer an additional deposit bonus of up to 10% and the major advantage of making use of this wallet is that you are able to fund the account directly with your bank. They offer a superb 24/7 customer support and they also provide live chat which makes it very convenient for many users. Withdrawals are usually slow and they7 take up to a maximum of 5 days but the processing of deposits is quite fast.
The good news about making use of this e-wallet is that it welcomes USA based players to make use of it for gaming purposes and this e-wallet is a must use if you are a USA or Canadian online casino player.
Moneybookers
Moneybookers is one of the most popular e-wallets used online especially for gambling purposes. The e-wallet is very convenient and you do not have to disclose your bank details when you are thinking of making a deposit at any online casino or poker room which accepts this e-wallet.
Moneybookers is a UK based e-wallet and they provide a great customer service via ticket support. They respond to all enquiries on time at usually if they delay they will take not less than 24hrs to respond back to you.
Users from different countries are able to sign-up or register quick and easily and it provides a wide range of currencies.
Funding your account is very easy and this can be done via bank wire or credit card. Their withdrawals are satisfactory and users would have to first verify their credit cards if they wish to withdraw using the Visa and also to include verifying your bank account and details as well so as to withdraw via bank.
The only setback for using money bookers is that most online casinos would have to direct you to the Moneybookers account then you would have to log in and authorize the transaction then the funds will be deposited in your casino account via email confirmation. Another drawback is that the bank verification process usually takes a long time e.g. a max of about 5 working days before you can make your initial withdrawal.
All in all this e-wallet is good to use especially for gambling as well as non gambling purposes.
myCitadel
This is a Canada based e-wallet which provides good deposit and withdrawal in several countries. They offer a good online customer support and they are available from Monday to Friday during office hours and players can make deposits and withdrawals smoothly making use of their bank or credit cards.
The deposits are made instantly and you do not have to disclose your personal bank details. All transactions are done on a secure sever.
The e-wallet does not accept USA based players. Deposits are done in a couple of seconds and you are able to make use of this e-wallet smoothly.
They offer great customer support via live chat and their information is made clear and accurate for the user.
Neteller
This is a UK based e-wallet which can be used for online casino deposits as well as withdrawals. The e-wallet is available for many countries and they offer a tremendous online customer service which is available 24/7.
This type of e-wallet is very popular and in china it operates with the name 1-pay.
Players are able to make deposits without a hassle and you are able to fund your e-wallet with the use of bank wire or credit card.
If you need to make a deposit at an online casino the funds will appear immediately.
Once you have registered, you will be given a unique 12 digit ID and a 6 secure digit id that you can give to several online casinos for deposits to appear instant in your casino account.
This e-wallet offers a MasterCard to its customer and for withdrawal purposes if you have requested for the master card you will be able to make withdrawal instantly at any ATM. It also offers several other withdrawal options such as Visa and bank wire.
This e-wallet has been in the industry for many years and it is highly trusted. In order for you to make withdrawals you would have to make use of your secure id so as to makes your withdrawals safely.
PayPal
This is one of the popular e-wallet which is widely used in Europe. The e-wallet is available in several countries and currencies. Their customer support is very good and they are very accurate but at some point when you have problems they tend to process your problems very slowly.
PayPal is an e-wallet which is used extensively for eBay payments and there are very few online casinos which offer this method of payment.
The only problem with PayPal is that many customers from several countries are able to make deposits making use of this e-wallet but when it comes to withdrawals many countries are restricted and thus making it not very convenient for gambling purposes.
Actually PayPal had to withdraw from the gambling industry due to legal reasons and this has made the e-wallet not to be available at many online casino sites.
The receiving fees are quite high but for payments they are very fast and secure. You do not have to disclose your personal banking details and the transactions are done instantly especially if your account is fully verified.
Paysafecard
These are prepaid cards which are available in denominations from 10 to 100 and the common currency is EURO and GBP. The cards are accepted by many online stores and also to include several online casinos. All you need to do is register and they will provide you with a unique secret number and you would have to fund your card either by credit card or bank.
If you are not safe on using your credit card on several online casinos then this Paysafecard will be the best solution for you. They will not disclose any of your personal banking details and deposits are done instantly.
This card only allows deposits and it does not allow withdrawals.
In some countries paysafecards are available at many shops and you can also purchase these cards via their website.
There are several online casino sites as well as poker sites and sportsbook which allow this payment method and it is very convenient.
UKash
This is also a prepaid payment solution available in many denominations from 10 to 100 and the common currency is EURO and GBP. These cards are purchased from several; stores and also to include their website.
This card can only be used for deposit options and you are not able to make use of it for withdrawals. Ukash is available at many online casinos and it is very convenient especially if you do not want to make use of your credit card or bank details for gaming purposes.
Ukash does not disclose your personal bank details any online casino and the deposits are done instantly.
EcoCard
This is a debit card which processes deposits and withdrawals for both non-gambling and gambling purposes. All you would have to do is fund your account and you will be able to register your card details at any online casino.
Deposits are debited directly from your EcoCard account and funds will appear immediately in to your casino account.
This payment option is widely accepted by several online casinos, sportsbook as well as online poker rooms.
The security procedure is very safe and secure. If you need to make a deposit you would have to disclose your personal details.
In order for you to make withdrawals easily you would have to apply for the MasterCard they offer which is free to apply and another alternative is to make use of the Bank wire but the charges are extremely too high.
The withdrawals from casinos to your Ecocard are done quite simple and fast.
