Finding a great casino to game online isn’t all about the aesthetics, the games, the software providers, or the bonuses. Of course, all those things matter, but it’s worth taking a look at what payment methods are accepted at the casino you’re about to sign up to so you’re not burnt with any significant transaction fees or long withdrawal times.
Most payment methods are available at every casino, but the likes of PayPal for example like to pick and choose who they partner with very carefully. Let us guide you through what you need to know when it comes to casino payment methods.
What is a payment method?
A payment method is a way of depositing money into a casino like PayPal, Neteller, and Skrill who have been at the top of the game since the turn of the century, and all have a long history in the casino industry. Debit and credit cards along with bank transfers and other e-wallet providers are also payment methods used on most sites too.
Banking online in 2017 is the most trusted, easiest, and quickest ways of transferring funds around. Online banking using any type of method was looked on with great suspicion in the formative years of the internet, but these days there’s nothing on the internet that’s more secure.
What to look out for and why?
Withdrawal limits, withdrawal times, withdrawal fees, minimum deposits, deposit fees, deposit times are all things you need to be mindful of. Some casinos will have their own rules, and if you combine that with a payment method that charges high additional fees, you could be losing 5% or 10% of your initial deposit.
Looking through these type of things is imperative before you sign up to a casino and you choose a payment method. PayPal might be your go-to choice because they don’t charge additional fees, but not every casino offers PayPal so make sure you do some thorough scouting before you start so you’re not unnecessarily throwing money away. You can click on the logos above to see information about specific payment methods.