What Are The Deposit Methods at Online Casinos

What Are The Deposit Methods at Online Casinos

When you find an online casino that you would really like to join there will have been several reasons for you holding that opinion. The online casino may have a wealth of games that you look forward to playing and has plenty of bonuses and promotions with lots of help available when you have questions to ask about the site. There’s a growing number of deposit methods at online casinos but it’s important to ensure that you join a site that you can trust.

There have been several cases of rogue casinos that lack trustworthiness. You can be totally assured that any online casino which JohnnyBet recommends you join is entirely trustworthy. They will all be sites that are licensed and regulated by Gambling Commissions and have undergone strict examination before being granted those licenses.

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When deciding how to deposit money at online casinos, some of the methods that are available to use do not require you to have a bank account or a credit card, for example PayPal. There are some casinos that offer special terms to their customers when using payment methods. When you consider what deposit method is the best to use, this is a good one because it is easier and cheaper to process payments made using them and this can lead to them passing the savings onto their customers. This page will tell you more about popular payment methods that are used at online casinos.

1. Credit / debit cards

So what are the deposit methods at online casinos? There are several deposit methods at online casinos that employ the use of credit/debit cards. These include Visa and Visa Electron which are two very popular deposit methods. The difference between the two is that Visa Electron, which was introduced by Visa in 1985 as a sister card to the Visa Debit card is that payments with Visa Electron require all the funds be available at the time of transfer as they can’t be overdrawn.

MasterCard is another popular deposit method used on most online casinos. This has been a publicly traded company since 2006 and was initially introduced by a group of Californian banks in the USA. Both Visa and Mastercard are accepted in over 200 countries around the world and if joining the Energy Casino, Bitstarz Casino or Slots Million accept these deposit methods.

what are the deposit methods at online casinosMastercard, Visa, Maestro are popular in online casinos as payment methods.

Another popular deposit method is the Maestro Card which has been available since 1992. The use of credit and debit cards is the most popular deposit method because so many people possess them. If you are thinking about what deposit method is the best to use, this is easy because you simply need to fill in the details of your card and will not need to re-enter that information again each time you play.

When considering how to deposit money at online casinos, a bonus with these debit and credit cards is the fact that no fees are charged by casinos and it is possible for their customers to withdraw the cash in their account balance back to their card. This usually takes three to five days for the money to be returned.

2. E-Wallets

E-Wallets such as PayPal, Neteller, Skrill, Paysafecard and ecoPayz are becoming popular ways of transferring cash from one account to another. They can be used to move your cash from your account to casinos, retailers and your friends and family. You simply need to enter your card or bank details with the payment method you are using, rather than the individual sites. This avoids the boring job of having to continually fill in your details. Another bonus is that when making withdrawals the money will be transferred instantly into your account.

PayPal is an American company which operates on a global basis and was established in 1998. Four years later it became a wholly owned subsidiary of eBay who have since turned it into a separate publicly traded company.

Neteller was launched in Canada in 1999 before moving to the Isle of Man five years later and is owned by the Paysafe group. It is used by many online sites including Slots Millions. With some sites you do need to look at the terms and conditions of welcome offers as they exclude those using this method. The same sometimes applies to Skrill which you could use as a deposit method if joining the Energy Casino. It was formerly known as Moneybookers until being rebranded in 2011. You can find more information about Skrill at JohnnyBet.

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EcoPayz can be used at many online casinos including Bitstarz and the Energy Casino. They have a two-step verification process that adds an extra layer of security to all its customers.

3. Prepaid Cards and Vouchers

With this form of deposit method, you don’t have to give any financial details to the online casino that you are joining. These deposit methods at online casinos include a Paysafecard which can be purchased from thousands of places throughout Europe and beyond, including garages and newsagents.

When looking at how to deposit money at online casinos, this is an easy method because you can simply top up a Paysafecard with cash and then transfer that into your account with an online casino such as Bitstarz simply by using a 16-digit number. Cash is transferred instantly, and you can use and reuse as many cards as you wish.

4. Wire Transfers

Other deposit method at online casinos are wire transfers. Examples include Fast Bank Transfer, Banklink, which is an Australian/New Zealand based company and PayU which is a Finnish company. If you are joining the Slots Million site, it’s possible to use Wire Transfer with processing times varying between three and five days. If you do use this method, you can always be confident that this will be a safe and reliable method to use.

5. Cryptocurrencies

This is a new method for financial transactions that online casinos are gradually beginning to accept as a deposit method. They use decentralized control and an example is Bitcoin which was introduced in 2009 and it’s expected more and more online casinos will use this method in the future. Read more about bitcoin casinos at JohnnyBet.

6. Summary

As you can see there are many deposit methods that can be used to make payments to online casinos such as Slots Million and Bitstarz. It’s important when joining a site that you take a good look through the banking of FAQ section of the site to learn more about which payment methods are accepted and if you ever have any questions just contact the site.

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