Casino Payment Methods

 

The world of online casinos has been expanding rapidly over the last couple of years. By the end of 2024, this market is expected to have a global revenue of about $100.9 billion. In the next couple of years, it’s also going to grow by an estimated 6.2% annually.

 

As the market expands, more online casinos pop up. This can make it really hard to know which casino you should trust with the money you want to stake on slots and other games. Luckily, there are a couple of strategies that you can use to help you pick the right online casinos.

 

In this guide, we want to take a closer look at the different casino payment methods these platforms offer. By considering the casino payment methods that you can use, it’s easier to filter down to a narrowed list of casinos that will work for you. It’s one of several criteria points that you can use to help you pick an online casino.

 

We’ll take a closer look at the most popular casino payment methods and talk a bit more about what each of them can offer.

PayPal

Paypal is one of the biggest payment gateways in the world. The system is easy to use and allows you to transact on a wide variety of websites. By 2006, there were 100 million people using PayPal to transact online. Fast forward to today, and the platform has 426 million active users.

 

Over the years, the payment platform has evolved and began expanding into many countries where it wasn’t available before. However, there are still some limitations when it comes to using PayPal as a payment method when gambling online.

 

First, you have to understand that it may be difficult to withdraw money from PayPal in some countries. If this is the case, then withdrawing money from an online casino into a PayPal account may not be a good idea. The platform also isn’t as supportive of gambling operations as other payment gateways, such as Skril.

 

However, it remains a solid choice when you want to consider which casino payment methods to use when you want to start playing online slots.

Bitcoin

When Bitcoin was first released to the public, many people were skeptical. The idea of a virtual currency that has no physical representation seemed weird. Over, interest in this digital currency quickly grew, and this led to several other ones, often called altcoins, to be developed as well.

 

Today, Bitcoin and other cryptocurrencies have become widely adopted by many countries, businesses, and even some online platforms. You’ll find that there are several online casinos that also offer both deposit and withdrawal options in Bitcoin.

 

If you want to play at online Bitcoin casinos, then you’ll need to ensure you have a cryptocurrency wallet. There are several options to choose from, but make sure you pick one that’s secure. Back up the security keys of the wallet before you start to transact. You can then use platforms like Binance to add funds to your wallet.

Skrill

When it comes to online payment gateways, Skrill is actually one that provides a lot of support for gambling operations. You can easily add money to your Skrill account by using a credit card or even a bank transfer. Once you have money in your account, it’s quick and easy to transact.

 

Apart from your main account, Skrill also offers a card that they can send to you. Note that the card isn’t available in some countries. You’ll need to do some research to find out if you can get it in your country. Even if you can’t, it doesn’t mean you shouldn’t opt for Skrill online casinos.

 

Apart from the fact that Skrill offers convenient payment features, you’ll also be able to find several special discounts and offers once you’ve registered on Skrill. Just head to the promotions page and you’ll see a category that is specific for online casinos where you can play your favorite slots.

Paysafecard

Another payment method that a lot of online casinos offer is Paysafecard. The platform focuses on providing you with a secure way to make payments online. There are both personal and business account options available when opting for Paysafecard.

 

Setting up an account is quick and easy. To register, you’ll start by selecting your country and entering some details, such as your name, contact number, address, and your identity information. You may need to complete a verification process, but after this, the account should be ready to use.

 

Similar to many other online payment gateways, you’ll be able to use different methods to deposit money into your Paysafecard account. To make a deposit with your account, sign up at the online casino you want to play at, then choose Paysafecard as the payment method. You’ll need to sign into your account and then authorize the payment.

 

The withdrawal process usually doesn’t require any advanced steps. Just make sure to enter your correct email address when requesting a withdrawal to your Paysafecard account.

Neosurf

The broad reach of Neosurf also makes this payment method a popular option among online casinos and gamblers. There are actually quite a large number of casinos that allow you to not only deposit money but also to withdraw funds to your Neosurf account.

 

A great thing about Neosurf is the fact that they have a voucher system that you can use to deposit funds into your account. You’ll first need to make sure they support your country, and then look for a vendor that stocks these vouchers. You can then use any payment method the vendor supports to buy a voucher, and you’ll get a secure PIN to use on the Neosurf app. This loads your account with the funds from the voucher.

 

There are several security measures that Neosurf offers. For example, if you play on your phone, you can enable two-factor authentication for any transactions that you need to authorize on the Neosurf app.

Credit Card

Some people prefer some of the more traditional ways of paying. This is where credit card online casinos come into the picture. These casinos give you the ability to enter your credit card number, its expiration date, and the CVC or CCV number found on the back of your card.

 

Once you click pay, the online casino will authorize the transaction with the card provider. This may sometimes involve going through a 3D Secure process, where you either need to enter a secret password or a PIN that the provider sends to your phone.

Bank Transfer

While on the subject of traditional payment options, there are also some casinos that allow you to deposit and withdraw funds through a bank transfer.

 

One thing that you should note is that bank transfers usually take much longer compared to other payment methods. This is because the online casino has to wait for the funds to clear into their account. Even with the popularity of instant bank transfers, there may still be waiting times. The same applies to withdrawals, as the online casino will usually need some time to process these requests.

 

Bank transfers can, however, be a good solution if you live in a country where other payment options aren’t readily available.

Click2Pay

Click2Pay is a payment solution that was developed by Interac. You’re essentially given access to the Interac e-Transfer service, which allows you to move money directly from your bank account to platforms where you want to transact at. In this case, the transaction is with an online casino.

 

It’s important to understand that there are limitations to where you can use Click2Pay. The payment method is mostly used by people in Canada. There are also different ways to actually pay with this type of account.

 

If you’ve used Interac before, then you should feel right at home when you decide to register at a Click2Pay online casino. That’s because the platform uses a very similar interface to Intersac’s e-Transfer system.

Sofort

Sofort is another great option for those who want to make direct payments.

 

It’s important to note that in 2014, the Sofort company was actually acquired by a different business, known as the Klarna Group. As of this acquisition, the Sofort service was moved to the Klarna platform. This provides users with easy access to all services that Klarna offers, including the Sofort direct payment experience.

 

When you register an account on the Sofort platform, you’ll be able to easily connect your bank account to the service. Once you’ve done this, you can choose Sofort as the payment method when depositing funds into your online casino account All you need to do after this is simply sign in and then click confirm. This will confirm your purchase, send the money from your bank account directly to the online casino, and the funds should be available to play with immediately.

Neteller

Neteller was created to offer a way to pay for online services and goods through a platform that not only focuses on ease of use but also security. By taking advantage of the latest in security technologies, the system helps to keep your identity and funds safe when you decide to transfer funds to an online casino account through this platform.

 

The user interface of Neteller is very easy to navigate. You can easily see your balance on the dashboard, as well as your most recent transactions. Neteller also allows you to easily download reports on your account. You can pay with a variety of methods when you decide to use Neteller, including credit cards, OXXO, Maestro, iDEAL, Paysafecard, Boku, and CartaSi.