There’s a huge variety of payment options out there, and most online casinos work hard to offer as many options to players as possible. Here’s a breakdown of the most common cashier options you’ll find at top online casinos.
Debit cards are the most commonly offered way to get your money into and out of your on-site wallet. Simply enter your card number, expiry date, and CVV number, along with how much you want to deposit, and you’re all set. Your deposited funds will typically be available for use immediately, but withdrawals generally take 3-5 days on top of your online casino’s internal processing time.
PayPal, Skrill, Neteller, and other e-wallet solutions are a great choice over debit cards as they enable users to simply enter their email address to make deposits and withdrawals, sparing the need to enter your bank details into multiple sites. E-wallets typically boost peace of mind with additional security measures too. Another great perk of e-wallets is that they’re generally the fastest way to make withdrawals, with most requiring only 24 hours or less to process your payment once it has been approved by the casino.
Pay by Mobile
Services such as Boku enable you to attach your deposits to your phone bill. Simply enter the amount you would like to deposit along with your mobile number, and you’ll receive an SMS with a one-time confirmation code. Once you’ve entered the code, your deposit amount will be added to your phone bill at the end of the month. Please note that you won’t be able to make withdrawals with this payment method, meaning you’ll need to enter your bank or card details, or your e-wallet-linked email address, in order to take money out of your on-site wallet.
Prepaid cards, such as Paysafecard, let you easily set your spending limits by loading your card up with the amount you want to wager. Once you’re set up with a prepaid card, simply enter its details into your online casino’s cashier page to make your deposit. As with pay by mobile options, you won’t be able to make withdrawals onto a prepaid card and will have to enter an alternative method when you go to draw your money out.
The simplest way to pay is to enter your bank account number and sort code to set up bank transfers, sometimes known as wire transfers, by BACS. While this is the most straightforward and direct way to link your on-site wallet to your bank account, it’s typically the slowest way to make withdrawals as your bank’s lead time is likely to extend to and beyond 5 working days.
As of April 2020, the UK Gambling Commission (UKGC) has banned the use of credit cards for online casino deposits. The UKGC has taken this measure to better protect customers from problem gambling.