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Today’s best online casinos tend to accept a wide range of online payment methods that make depositing and withdrawing fast, easy and secure for players.
Each online casino is different in terms of which payment methods it accepts, and the country you live in will also sometimes determine exactly which online payment solutions you will be able to use at online casinos due to local online gambling laws and regulations.
Let’s dive straight in to find out which payment methods are the best for depositing and withdrawing at online casinos.
What’s the best online casino payment method?
There is no ‘best’ online casino payment method. You have to try and find a secure, reliable, and convenient payment method that works for you.
Most online casinos today, for example, cater to all types of players by accepting a broad range of online payment solutions, including prepaid voucher cards, credit & debit cards, and e-Wallets (aka digital wallets), plus one or two other methods, such as bank cheques, or direct/instant bank transfers.
You may find that the debit card is the best option for deposits and withdrawals, but other players might prefer using e-Wallets, and vice versa. This is why online casinos today accept a variety of modern online payment solutions.
UK players, for example, cannot use credit cards to deposit or withdraw at UK-licensed casinos, meaning they have to use something other than a credit card. This new legislation came into effect in April 2020, and it was designed to prevent at-risk players from spending money they haven’t got to play their favourite games.
Where can I learn more about today’s most trusted online casino payment options?
You can learn more about some of today’s most trusted online casino payment options on the 32Red banking page. There’s also the online casino blog 32Red, which some of you might like to read. It has details about the latest games that will be arriving in the casino over the coming weeks.
Popular online casino deposit/withdrawal options you might like to consider using
Here are several popular online payment methods that you might like to consider using. Most of them can be used for deposits and withdrawals, but others can only be used for deposits.
When depositing at UK-licensed casino sites, you must use the same withdrawal method you used to deposit. For example, if you top up your online casino account with your Visa debit card, that same Visa debit card would also then need to be used when you attempt to cash out your winnings.
When using a prepaid voucher card that can only be used for deposits, you would need to use another payment method registered in your name when you withdraw your winnings.
Some of the most popular deposit/withdrawal methods used by millions of players around the world today are the following:
- Trustly – bank transfer method
- Visa and Mastercard – credit and debit card methods
- Paysafecard – prepaid voucher card
- ecoPayz (now known as Payz) and PayPal – e-Wallets (aka digital wallets)
Before signing up to a licensed casino site, always make sure that you are legally permitted to deposit there and that they accept your preferred payment method. Also, check that you are at least the legal minimum age to deposit because this varies around the world.
For example, to play at 32Red, if you live in the United Kingdom, you only need to be 18. If you want to play at online casinos in certain Canadian provinces and US states, it’s either 19 or 21.
Final note
When choosing which payment method would best suit you, always check to see what type of payment method it is. Some people, for example, will always swear by using e-wallets, while others will always prefer using their debit cards.
Just make sure that it’s convenient for you and that it’s either free to use or comes with hardly any transaction processing fees whatsoever. The best payment methods are the ones that are free to use.