When choosing which online casino to register an account with, a very important part for the player to consider is the deposit and withdrawal systems offered: their popularity and reliability, how fast they transfer money and how secure they are.
Online casinos have different systems for depositing and withdrawing money from one’s gaming account. Among the various payment methods, there are the classic Prepaid Cards and Credit Cards and new systems such as E-Wallets and traditional Bank Transfers.
Credit cards like Visa have a credit limit. This is different da debit cards, such as Maestro. This simply means that Visa allows you to deposit more money than is actually in your account.
You can also use an e-wallet to deposit money into your account at an online casino. These digital wallets are becoming more and more popular, which is why more and more of them are appearing on the market. At the moment, PayPal is the most popular e-wallet in the world. This system now has more than 200 million users in Europe and North America. Nevertheless, you can use other online wallets at an online casino, such as Paysafecard, Skrill and Neteller, among others. Nevertheless, chances are you will still choose to use PayPal.
A very popular payment method, appreciated in online casinos mainly because it is secure and anonymous.
Until recently, Paysafe could only be used for deposits. However, nowadays, there is also a procedure for withdrawals at some providers. For deposits, it is a kind of voucher card whose code is given and with which the amount available on the card can be credited.
Bank transfer is possible on many online platforms. However, some casinos require a higher minimum deposit because the administration costs are higher with bank transfers. Most casinos require 2 to 5 days to process your bank transfer.
What to Pay Attention To
When you use a payment method to play in online casinos, there are factors that you need to pay attention to. Here are:
Timing: of course, we imagine that once you have deposited the money into your account, you want to have the opportunity to play right away. If you like, most of the deposit methods that you will find in the virtual gaming rooms guarantee immediate credit. The situation is different for withdrawal methods since the operations are longer. Usually, the times are very similar in all the rooms, although some may first make a check, thus lengthening the wait.
Commission Fees: No one wants to spend more because of any commission fees, which is why almost all rooms have abolished them and, if they are sometimes present, they are applied only to certain payment systems and withdrawal methods. Among these, there could be the bank transfer, which has a longer procedure and has higher costs.
Minimum and maximum amounts: Before you sign up at any online casino, find out the minimum and maximum amounts you can deposit. Do the same with the withdrawal methods as well, so that you can see if they are within your expectations or if there are other casinos that offer better amounts.