It is important to keep your options open when it comes to online casino banking. There are multiple options and it is up to you to choose the one that is most convenient for you. Some players would rather choose a method they already use, so they won’t have to go through extra hassle and register new accounts. Other players put transaction speed first, whereas for a third group it’s the low (or no) costs that matter most.
Either way, you have full freedom to decide what’s best for you. For some players banking is one of the most important issues and they are not willing to register at a given casino if it doesn’t support their preferred payment method.
What Is Important when Selecting a Payment Method?
As we said, each player has their own preferences when it comes to payment methods. First and foremost, the payment method has to be safe and reliable. All players are advised to stay away from dodgy payment methods.
Of course, it is also wise to choose a method which is legally available in your country and there are no obstacles for you to use it as a casino payment method. Fortunately for you, BestCasinos.com did the necessary research and you can check here, whether or not a certain payment method is available in your country.
It is good to check what are the terms and conditions for using a specific payment method at a specific online casino. For example, the online casino of your choice might accept you preferred payment method, but it might also impose high fees, or inflexible payment limits. Or perhaps, the method is accepted, but you can’t deposit in the currency of your choice. You need to consider these issues before choosing a payment method.
Top 3 Banking Options for Playing at Online Casinos
Even though players have their own preferences, we can still safely say that the following three are the best and most favourable payment methods for those who wish to play real money online casino games.
- PayPal – This is the most popular e-Wallet in the world. PayPal is an American company that was established in 1998 and Elon Musk was one of the founders. You can register a PayPal account for free and link it to your credit card. You can make payments from PayPal for free, but there’s a 2.9% fee on withdrawals, plus a small flat fee. PayPal deposits are instant, whereas withdrawals may take between 3 and 5 days.
- Visa and MasterCard – These are the most commonly used credit and debit cards and a huge majority of online casino operators accept Visa and MasterCard. If you already own a credit or debit card, you just need to select it as your preferred payment method. Deposits are instant, whereas withdrawals may take up to 5 working days. Many casino operators don’t charge any fees for using a credit/debit card.
- Skrill – Another very popular e-Wallet, especially in the United Kingdom. Skrill offers fast and secure online payments. You can register a free account and link it to your credit card, or bank account. Deposits are instant, withdrawals may take few days. Depositing from your Skrill account to an online casino is usually free, so is withdrawing from a casino account to your Skrill, but if you wish to withdraw from your skrill account, to your bank account, you will have to pay a fee. The amount may vary.
There Is a Payment Method for Everyone
If you’re still not sure which method you’d like to use, don’t worry, there’s an abundance of payment methods and you will surely find the one that suits your needs. Just make sure that you know what you want and then will be quite easy to find it.
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