Online casinos are without a doubt the future of the gambling industry. Since online gambling has been legalized in many states, it has experienced unprecedented growth in popularity and size, so much so that online casinos now contribute a significant share of total revenue netted from gambling. That’s also partly thanks to increased access to diverse online casino payment options.
Being able to deposit funds securely, easily, and fast at an internet site is one of the most crucial features players look for. Currently, there’s a myriad of ways to fund your online casino account. The number of deposit methods out there can be quite confusing, so to help you pick the right option for you we have reviewed the most popular ways to deposit money at your favorite casino.
MasterCard is one of the most prominent players in the digital payment arena, and it’s an ideal option for online casino players who want to transfer funds quickly and securely. Chances are that you already have a MasterCard debit card, credit card, or both, which makes it the go-to deposit method available at nearly all online casinos.
Deposits made using a MasterCard card are usually eligible for lucrative promotions and bonuses. The card issuer also offers several mobile apps that add more convenience to the whole process. Best of all, MasterCard allows you to make instant deposits without incurring any additional charges or fees. The only downside is that most betting sites don’t support it for withdrawals.
Visa credit and debit cards are accepted at most online casinos as a deposit method. With its universal appeal, these cards are secure, quick, and simple to use for transferring funds to your online casino account. It’s an e-payment method that’s familiar to most online gamblers, not to mention Visa deposits are usually processed immediately and for free.
Like MasterCard, Visa deposits are usually eligible for many promotions, including massive bonuses at some of the best online casinos. One great perk of using Visa as a method for depositing funds at leading betting sites is that it’s very secure making use of the latest encryption technology and tokenization.
If you’re looking for the best online casinos that accept Visa and other leading deposit methods, you can go over to bestcasino.org and browse through their selection of casino reviews.
PayPal is an extremely safe and secure e-wallet that’s accepted by some of the most notable sports betting sites, online casinos, and poker sites. This deposit method is especially popular among US online casino players because you can deposit without revealing your banking details to the site. This gives the player some level of anonymity and guarantees privacy.
Given the popularity of the deposit method, you can use PayPal pretty much at any online casino. It’s super easy to link to your existing bank card or account. Aside from having an excellent reputation for security and safety, PayPal is also the go-to method for making online casino withdrawals. The company has also embraced mobile banking, allowing you to deposit funds on the go.
(4) Wire Bank Transfer
Most betting sites, especially poker sites, will allow players to deposit funds via wire transfer from their bank accounts. It provides online casino players with a very safe and secure means of managing their funds. This can be a great deposit option for big-sum deposits (or cashouts).
Bank transfers involve transferring money directly from your bank account to that of the casino by providing your bank account information. Banks use high-level encryption and protection to ensure the safety of your funds and sensitive banking details. It’s simple to use and there’s no need to open a new account. Wire transfers can sometimes attract a small fee, though.
eCheck is another increasingly popular method for depositing funds at online casinos. It’s especially popular for players in the US and Canada. Electronic checks have been around for more than two decades, so almost everyone is familiar with them. They make it safe as well as simple to make casino deposits easily.
Deposits made by electronic checks also typically attract lower fees than debit/credit cards, which makes them desirable for making large deposits. They are easy to use on mobile or desktop, plus you only play with funds you already have.
Neteller is one of the most popular, widely available, and biggest e-wallets for making casino deposits. It’s very close to PayPal in the way it works, but it’s geared mostly towards the online gambling industry. What’s more, it accepts a range of currencies other than USD.
Neteller has a plethora of benefits of online casinos, including quick withdrawals, extra-smooth deposits, and additional security. It helps that it’s easy to connect your credit or debit card with your Neteller account for a convenient funding source. Above all, the payment method provides players with extra protection from rogue or shady online casinos.
(7) American Express
American Express (Amex) is one of the most secure and highly popular cards. With Amex cards, you can enjoy secure transactions and increased limits. Additionally, Amex has Android and iOS apps that allow players to deposit whenever and wherever they may be.
Considering the conveniences of using American Express cards and top-notch security measures put in place, this is one of the most popular deposit methods accepted by many online casinos. Amex loyalty scheme can also generate rewards for online casino players. You can expect Amex deposits to be processed in a matter of minutes and for free.
PayNearMe is a superb deposit option for players who are not keen on using their bank account or cards to fund their online gaming. With this method, you can deposit with cash at your nearest 7/Eleven store. You can also fund your betting account online, making it one of the easiest and most convenient methods.
The good news is that a growing number of licensed and regulated online casinos (especially those in New Jersey) currently accept PayNearMe as a method for depositing funds. It requires no registration or maintaining an additional account. Plus, it provides you with more control over your bankroll because you can only gamble with what you have transferred.