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Various Types of Online Casino Payments To Consider

Horton Park by Horton Park
December 6, 2021
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Various Types of Online Casino Payments To Consider
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The online casinos gaming industry has been continuously growing for the past decade. And for players to start betting for real money, they need to make a deposit. When online casino gaming was first introduced back in the 90s, the only method to make a deposit is through credit and debit cards. But these days, there are now simpler and some would say, better ways to top-up your online casino account.

Credit and Debit Cards

This is the most common payment method option for online casino players from all across the globe. Most reputable online casinos and sportsbooks accept Visa, Maestro, and Maestro. One of the major reasons why players choose to use this method is because it is accessible. Anybody can apply for a credit/debit card but you have to remember that picking this method also has its own disadvantage.  But overall, this is the most accepted payment method by most online casino sites.

Electronic Wallets

Aside from credit and debit cards, e-wallets are taking over the online casino world. Many players are now choosing this payment method because it is easy to use for depositing money into your account and usually just takes about 24 hours if you use it to withdraw your winnings. The downside of electronic wallets is that they usually have transaction fees but generally, players are not worried because the charge is very minimal.

Prepaid Cards and Vouchers

Another way to deposit money into your online casino account is using prepaid cards and vouchers. The most popular option is using the Paysafecard because of its high security and very minimal fees. Another option is using EcoPayz or the ecoCard. It works similarly to the Paysafecard when it comes to managing your deposits and withdrawals from various locations worldwide.

Bank Wire Transfers

Most online casino operators and sportsbooks now accept bank wire transfers. In fact, this is one of the primary payment methods because of its strict requirements. Most wire transfers are subjected to a more stringent KYC or Know Your Customer procedures making it a secure payment method. Also, if you are in the rush to play for real money, this might not be the best option for you because the KYC procedure usually takes around 7 days to complete.

Instant Bank Transfers

If the above option is not for you because of the waiting time, then you can consider instant bank transfers. This offset the disadvantages of the traditional bank transfers’ transaction times. The most popular choices for instant bank transfers are Trustly, iDEAL, and Giropay. Check out these options if you need your account to be funded more quickly.

Cryptocurrencies

These days, more and more casino operators allow players to use cryptocurrencies to deposit funds into their accounts. The most popularly used is Bitcoin. It offers guaranteed security and transaction is fast and it’s also more private compared to the other payment methods above. Other cryptocurrencies that are used as well are Litecoin, Monero, and sometimes Bitcoin Cash.

So before you start playing casino games at the jokergame site, it is important that you pick the most convenient payment method for you. With the options mentioned above, for sure you will find one that suits best your preference. Once you have picked a choice and you made your first deposit, you can start playing your favorite casino games for real money.

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