Casino Deposit Methods
Playing at a PayPal casino, or any other casino that offers multiple e-wallet banking solutions, will save you a lot of time and hassle when you deposit and withdraw funds at online casinos. Flexibility when it comes to performing transactions is very important and luckily there are plenty of casino deposit methods to choose from. Below we have a look at some of the e-wallet methods and credit/debit card options, how you can get started and what they each have to offer.
E-wallets
E-wallets are now the most popular banking solutions at online casinos providing a safe, secure and anonymous way to fund you account and to withdraw your winnings. There are several different types of e-wallets on the market and you can choose anything from a Neteller casino, to casinos that offer Skrill (Moneybookers), eKonto, Euteller, ClickandBuy, Click2Pay, UseMyBank, Ecocard, WebMoney, Citadel and many more.
These casino deposit methods act as a 3rd party, or middle-man, performing transactions on your behalf without you ever having to divulge financial details. Playing at a reputable casino such as a PayPal casino will guarantee you secure transactions as their security systems are as good as they get and inhibit the possibility of outside threats accessing your information.
To get started with these casino deposit methods you need to open an account via the e-wallet company’s website. The registration process requires you to provide all of your personal information such as contact and identification details. You then have to fund your e-wallet account, and depending on how you wish to do it, you’ll have to either register your credit card or your bank account with them. If you choose a Neteller casino for instance, visit the Neteller website and click on the registration button. The prompts that follow will guide you through the account setup and also tell you exactly what to do to register your card or bank account.
Once this is complete, you can go to the cashier at the casino where you can select your choice of e-wallet, and since your funds will be ‘pre-loaded’ to your e-wallet account, your transaction will be processed immediately. As usual, there might be a bit of a wait when you withdraw your funds at a PayPal casino or other e-wallet casinos but you still do not have to provide any financial info, which is a bonus.
Credit Cards & Debit Cards
Visa, Visa Electron, MasterCard, Maestro and American Express are the major credit and debit card facilities supported online. Either of these casino deposit methods provides instantaneous crediting of your account, while there will be a bit of processing-time to wait out when you withdraw funds via these methods. Credit and debit cards do not provide an anonymous banking solution but many players prefer using methods that they are more familiar with. Remember that your bank or credit card statement might reflect a reference that indicates that the transaction took place with an online casino. Another thing to note is that some banking institutions do not allow transactions to take place with their product between their clients and online casinos to begin with.
You’ll have to check out their policy with regards to this by contacting your financial institution directly. You may also incur transaction charges from the casino and your bank, as opposed to getting a casino deposit bonus when using alternative casino deposit methods.
Unlike with e-wallets you will have to input your personal and banking information every time you perform a transaction since online casinos do not keep a record of these details. You will also have to complete an identity verification process when you want to withdraw your funds using these casino deposit methods. To get started you can choose the relevant option from the casino cashier and an easy-to-follow process will begin – the online form is self-explanatory and you’ll be prompted when to provide what information.
In order to protect the casino and their players you will need to submit documents to verify your identity before you can withdraw your winnings. This generally includes an I.D. document or passport, a utility bill showing your residential address, a bank statement and quite often a copy of both sides of your credit card.
Learn how to register a Neteller account
Watch this instructional video which will give you a step-by-step guide to set up your Neteller account.
EFT / Direct Deposit
Direct deposits or EFT is another familiar way to deposit funds at online casinos. These transactions, as with credit and debit cards, also take place directly between the casino and the player. Utilizing this form of banking does have its benefits such as that you don’t have to first open a 3rd party account and that deposits processing time is instant. Since these are major financial institutions that you will be using as your platform you are also guaranteed the highest level of security as you will be directly protected by the security systems that they have in place.
Banks from around the world can be used and depending on the casino you can also select from multiple currencies to make your banking even more convenient.
Go to the casino lobby from where you can navigate your way to the banking section and once there, select the relevant option. You can then choose how much money you would like to transfer from your personal bank account into your casino account and some casinos have no limit if you use this payment platform. The on-screen prompts will then guide you through the process until completion – and funds are generally cleared instantly. When you withdraw your winnings most online casinos require you to withdraw via the same casino deposit methods as you used to deposit funds. If you deposited via EFT or direct banking you might have to undergo a quick identity verification process.
As with credit cards, your statement may reflect a reference that will indicate that the transaction was with an online casino. If you want to avoid this, rather opt for playing at a PayPal casino or casinos that offer other 3rd casino deposit methods.
Pre-Paid Cards / Vouchers
Prepaid cards are similar to e-wallets, in fact some e-wallets are also referred to as prepaid cards, and vice versa, blurring the lines a bit. These cards allow you to transfer funds into your casino account by means of a pre-funded card, via a 3rd party, completely anonymously. Then there are also vouchers that you can purchase either online or at certain supermarket outlets with vouchers of different values available. These casino deposit methods are also exceptionally safe to use as you literally do not involve any of your own financial information – not at the casino or anywhere else.
The cards are purchased with cash. They also offer instantaneous crediting of your account and some of the most popular methods include Neosurf, PayPoint and TicketPremium.
As mentioned, you can buy your vouchers either online or at designated land-based outlets such as popular supermarket chains. To find out where you can buy the vouchers you can visit the websites where you can generally search for a full list of outlets in your area. Pre-paid cards can be pre-loaded with funds by transferring money into the cards either by another 3rd party platform, credit card or debit card.
To use these casino deposit methods, go to the casino cashier and select your preferred voucher or pre-paid card. Absolutely no personal information is required – simply enter the pin number or code on the voucher and your account will credit instantly!
Casino Deposit Methods – Bonuses
Many online casinos have alternative payment method bonuses where players are rewarded for using specific casino deposit methods, which generally includes e-wallets. The bonus mostly involves a percentage back on your deposit amount. It can either form part of your first deposit bonus, or be an ongoing offer where you receive cash back every time you deposit. There is often a ‘cap’ on this amount though, for instance, you’ll receive 15% cash back as your casino deposit bonus, up to a maximum of $100.00.
Either way, this is definitely something to explore before you choose your casino deposit methods! Go to the casino and check out their promotions and bonus terms and choose a PayPal casino, or a casino that offers alternative payment method bonuses, as listed here at QuickCasinoBonuses.com!
