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What is the Best Payment Solution for Depositing and Withdrawing at Licensed Online Casinos?

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Published
05/09/2023

When you register a new account at a fully licensed online casino, a suitable online payment method is one of the most important things you should have ready to use.

Online casinos today tend to accept a wide range of credit & debit cards, prepaid cards, bank transfers, and e-wallets (also known as digital wallets). Here, you can learn how to choose the most secure, reliable and convenient payment solution to process your deposits and withdrawals.

What is the best online casino payment method?

There is no best online casino payment method. You have to select an online payment solution that suits your needs.

For example, some players prefer to use their credit or debit cards to top up their accounts, and other players wouldn’t ever dream of storing their credit/debit card details at an online casino, no matter how safe the casino is.

Some people just don’t like using their credit cards to pay for goods and services online. This is where other payment solutions, such as prepaid cards and e-wallets, come in handy.

Can I claim an online casino bonus using any payment method?

That’s a good question. Some online casinos don’t mind which payment method you use to claim a new player welcome bonus, such as a matching deposit bonus or a free 50 spins no deposit bonus.

However, there are some online casinos that may exclude certain payment methods, such as Skrill or Neteller, from their welcome bonus. This is why you should ALWAYS carefully read through the terms and conditions before accepting any online casino bonuses.

You don’t want to deposit with Skrill on your first deposit only to realise that Skrill was not included in the welcome bonus offer. You would have seen this if you had read the Ts and Cs first. Depositing with any other payment method would have ensured you didn’t miss out on the bonus.

Popular online casino payment options review

Some of the most popular online payment methods that are commonly used by players and widely accepted at today’s best casino sites are the following:

  • Credit and debit cards – MasterCard, American Express, JCB, Diner’s Club, Visa Electron, Visa, Discover
  • e-Wallets (aka electronic wallets, web wallets, or digital wallets) – PayPal, Skrill, Apple Pay, Neteller, ClickandBuy, Click2Pay, Payz, Paytm, Trustly Wallet, Jeton, MiFinity, eZeeWallet, Web Money, EPS, Entropay, to name a few
  • Prepaid cards/prepaid vouchers – Neosurf, Astropay, Paysafecard, MST Gift card, Revolut, EcoVoucher, CashToCode, Flexpin etc
  • Direct/instant bank transfers – Interac (great for Canadian players), Trustly (great for UK players), and POLi (great for New Zealand players), plus many other direct/instant bank transfer options

As you can see, there are many different payment options an online casino player can choose from. Take your time before deciding which method you would prefer to use by weighing up the pros and cons.

Also, before you sign up to an online casino, it might be a good idea to start by heading straight to the casino’s banking/cashier section to find out if they accept your preferred payment method. If they don’t accept your favourite methods, you can try using something else or go to another online casino.

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