If you’re thinking about joining an online casino, you’re probably already imagining the exciting games and great bonuses available. You might also be thinking about how online casinos keep you safe. But one thing many neglect to consider before signing up is the accepted payment methods.
The best casinos offer a range of different payment methods, and you’ll have to decide on one or more to use. We’re going to let you know about three of the most popular payment methods you’ll find available at online casinos below, so you don’t feel to confused when you make your first deposit. If you want to delve into casino payment methods more, check out this article by newcasinosites.me.uk.
Debit Card: The Most Widely Used Option
You probably won’t be surprised to learn that the most widely used method for depositing at an online casino is the debit card. Note that we don’t include credit cards in this section: the government banned gambling companies from accepting credit card transactions in a bid to stop players getting into credit card debt via gambling addiction.
Debit cards are used simply because most people in the UK have one and are so used to using them – there were over 2 billion debit card transactions in November 2021 alone in the UK. What’s more, debit card issuers often offer high levels of protection against identity theft and fraud. However, many don’t like entering their card details online and choose an alternative option.
E-Wallets: PayPal, Skrill, Neteller and More
Various e-wallets are offered at the best online casinos. The most popular with UK users is undoubtedly PayPal, with most people who shop or sell online having a PayPal account. Skrill and Neteller are more popular in mainland Europe and Asia, but are still also open to casino players in the UK.
E-wallets have advantages and disadvantages. The biggest advantage is security, as using an e-wallet means you’ll never need to enter banking details at a casino – the e-wallet acts as a middleman. However, e-wallets do have fees. Some charge for funding an e-wallet account, others charge for spending money in an e-wallet, and others charge for accepting payments. Always understand costs before making an e-wallet transaction.
Pay by Mobile Phone Bill
This is a great option, especially if you play using a mobile device. You’ll just need to follow a few steps, all of which can be done just using your smartphone, and money will then be added to your casino account. The cost of the deposit is then added to your mobile phone bill, which you pay at the end of the month as usual.
The convenience of this payment method is the main reason for its use, plus it also allows you to put off payment for a deposit until it’s time to pay your mobile bill. Of course, this means you must be careful not to overspend and not be able to pay your bill. On the downside, you can only deposit up to £30 using this method, and you’ll find a pretty steep 15% fee charged by the payment company.