Now that you have read a lot of reviews about the casino of your choice and registered the next step is to deposit money. The list of deposit methods supported by online casinos is enormous. The majority of them are fast, easy to use and convenient. It all depends on the qualities you give most importance to. In order to help you find the best deposit method for you, we at 10bestonlinecasinos.co. uk, are writing this detailed guide about payment methods. Read our payment methods guide to find the payment option that best suits your needs.
There is a variety of payment methods available today and the majority of casinos are offering a number of them to keep your options open. Sadly, there is no one payment method suitable to everyone’s needs, but variety is nice. Before you can start your journey at any online casino you are expected to deposit money, each and every casino will carry a number of terms and conditions before you deposit or withdraw money. Make sure you read the terms before you make any deposit money.
It is important that you conduct some research before you deposit to make sure the casino is safe and trustworthy. If you need help some of the best online casinos we suggest you visit our list. Well, as I was saying before no one method is a good fit for everyone so it’s vital you do some research and check which payment method is your cup of tea. Do you give importance to speedy deposits and withdrawals? Are you more concerned about getting the less possible fees? Do you prefer the most secure methods? To make deposits and withdrawals an easy task for you I decided to do the work for you and help you find the best and most accessible methods.
In the past depositing money at online casinos online was considered to be very risky. However, the thing is that online casino payment options available today are very safe and reliable. This means that you don’t have to go out from the comfort of your home or wait in a never- ending queue to transfer money to your preferred online casino.
Payment methods online
The number of payment options varies a lot, depending on the country you are residing. The amount of deposit methods in the UK are plenty. This is fantastic news to all our readers.
When it comes to selecting a payment method we suggest you choose a payment method that is trusted, safe and good for you. Make sure that it is approved by authorities and the reviews are positive. E- Wallets are considered to be the fastest online payment methods as they are specifically designed for instant use online. Although if you are a beginner we highly recommend credit and debit cards.
Credit card, debit card
Popular credit and debit cards are VISA and MasterCard. These are the most widely used payment methods. Both payment methods are instant so the funds will immediately be in your gaming account.
VISA is one of the world’s most advanced processing networks, most recognized and straightforward payment methods. VISA cards are the most popular type of credit or debit cards to be used at online casino. Available in more than 200 countries around the world it makes it one of the convenient and accessible methods of payment around. It is not surprising that VISA is covered in almost every online casino. VISA cards fall into 4 main types: credit, debit, prepaid and gift card.
One of the main advantages of VISA, besides being very simple and widely available, is that it allows players to make bigger transactions. We can assure you that there won’t be any problems with online casinos accepting deposits made through VISA. It is also noteworthy to mention that some online casinos offer special terms for players depositing via VISA. Many casinos like this method for the transparency and trustworthiness. It is possible to collect points, receive bonuses and plenty of other benefits when you use VISA to deposit. The money will be available on your casino account and ready to be wagered in no time. Withdrawing money from the casino account is done in the same way as a deposit is made. The processing time with VISA will normally take 3 to 7 banking days and sometimes casinos ask players to provide other documents. The main disadvantage of using VISA credit card for payments is that you can easily lost track on what you are spending.
MasterCard certainly needs no introduction; it was established in 1966 and is regarded as one of the most popular payment methods amongst credit and debit card users. Today MasterCard can be used to fund and withdraw on accounts at the major part of online casinos. MasterCard is VISA’s main competitor and is comprised of more than 25,000 finance institutions around the world. It is accepted payment method in most online casino you will encounter. MasterCard’s success grew at a very fast rate with every passing decade. The fact that many people opt to pay for their purchases online via MasterCard’s has resulted in a lot of profit. You know it is a good casino when you see MasterCard logo anywhere online.
MasterCard are very careful with whom they work and are less likely to do business with fishy online casinos. A MasterCard user can opt to choose from the company’s four card types. These include the debit, credit, prepaid or business card. Just like VISA, MasterCard, is linked to your regular bank account. At most online casinos you will find MasterCard available either as its own category or under ‘Credit or Debit cards’
If you choose to play at the casinos we mention on our site you should feel more than safe to make deposits with MasterCard. MasterCard also has its own security protocols to ensure player protection. Some of the security measures include the CVV which need to be entered every time. MasterCard also offers a service known as SecureCode for players to opt in for where you receive an extra password only you will know. Unfortunately, it is not common that MasterCard is used to make withdrawals. If it available, withdrawing can take from 24 to 72 hours.
On the other hand eWallets such as Neteller, Skrill and MoneyBookers are by far the most popular payment methods the digital world has to offer. Neteller has been associated with the iGaming field for a long time, handling fees associated with online casinos, sportsbooks as well as poker rooms. Skill is the biggest rival to Neteller in the online payment service industry. The company is regulated by the Financial Services Authority of the U.K and for this reason it is one of the most common payment method you come across at online casinos.
Skrill is the new name for Moneybookers, a company founded in 2001 as a Money Service Business. They provide a wide range of financial services to their clients.Skrill is one of the most commonly used eWallet worldwide. What makes Skrill popular is that they offer safe and secure transactions when placing bets and withdrawing money online. Payments made with Skrill can be done in a number of different currencies in a number of different online casinos. Skrill give their customers a personal internet bank account which can be uploaded with money. These funds can be used to make payments on the internet. Making a transfer using Skrill can some days but it depends entirely on the local circumstances. Opening an account with Skrill might take some time until its verified, but once it is you will get a lot of advantages. Similar to other E- Wallets payments are done very quickly. On the deposit page of online casinos you can choose E- Wallets and then opt for Skrill. The money will be transferred instantly allowing you to play your favourite casino game. Skrill is really and truly a global online payment solutions available in a number of European counties plus Canada and Australia. When you opt for Skrill, your online transactions are fast, secure and convenient.
Neteller is the ideal payment solution for you if you are looking for fast and secure online payments. Just like Skrill it is an eWallet, it specializes in transactions to and from online casinos. It is a great choice for all European online casino players. It is a fantastic choice to use to deposit and withdraw your funds. Neteller has been on the market since 1999 and since then it has been providing safe and secure online transactions with its flawless transfer service. Since then they have established themselves as one of the main payment methods options for online betting and online sportsbooks by customers from over 180 countries from all over the world. Today, Neteller is available for several currencies including GBP, EUR and USD. Neteller is the payment method you have always deserved: it’s free to register, payments are easy to make, extremely user- friendly and 24/7 customer service. Using this payment method guarantees a stress -free and straightforward experience.
Throughout the years PayPal has become a popular payment method for millions of online casino players. To be able to make payments using this method, you will need an email address and a conventional bank account or credit card that can be connected to the account. It was founded in 1988, PayPal was one of the biggest before it was taken over by eBay in 2002. The best feature of PayPal is that it is completely free of charge, players don’t need to pay for money transfers. The fees are charged to the sellers rather than the buyers, bingo! If you would like to make payments on the internet by PayPal all you have to do is open a funding account using your usual normal bank account or credit card. Making a deposit via this method is extremely easy. On the website of the online casino, go to the payments page and opt for PayPal. The next step will be to fill the amount you want to transfer and login to your account. Follow the instructions and everything should go smoothly. Withdrawing funds from your casino account works the same way as depositing money.
If you win the winning are generally paid back in the method you used to deposit your fund. Using our debit card or e- wallet to receive winnings are generally considered to be the most popular payment options. The majority of the best online casinos on our list process the withdrawals within a couple of hours but the amount of time it takes varies from one casino to another. It also depends a lot on which payment method you use.
Conclusion about payment methods
Any of the following payment methods can be used depending on your preferences. There are a plethora of other safe and easy payment transactions. In this guide we just outlined a number of the most widely used methods to give you an idea of what is available on the market. As we mentioned in the beginning, it is important to do your research to be able to make an informed decision. Remember that knowledge is power! We really hope that you find this guide useful.