Players usually have one thing on their mind when they’re playing at online casinos: to win some cash. To win money, you need to play with real money and then cash out real money. That’s why the payment methods used to deposit and withdraw money are so important when setting up your casino account.
Most popular payment methods
Over the years, Paypal has managed to become one of the world’s most popular methods of paying for goods and services online. And as it stands, the payment option with its hassle-free methods of depositing & withdrawing funds and quick payouts is certainly no stranger to the online casino world. If you’re on the hunt for a reputable online casino to play at, have a look at our guide and list of ranked and reviewed PayPal Casinos.
MasterCard is a payment option which certainly needs no introduction amongst users of credit and debit cards. It’s one of the world’s leaders in payment options and is accepted at the majority of online stores and online casinos you’ll come across on the net. Our experts at CasinoTop10 have dedicated a whole page to providing with information about MasterCard Online Casinos as well as the best MasterCard Casinos to play at.
Amongst the array of payment options found at internet casinos, Neteller reigns as one of the kings of the e-wallet industry. Over the years, it has garnered the trust of gamblers who opt to use this service to transfer funds because of its frill-free method of depositing, fast payouts and phenomenal security. If you’d like to learn more about it and find a great Neteller Online Casino to play at, take a look at our comprehensive guide.
Over the years, the internationally recognized brand, VISA, has gained a solid reputation among its users as being one of the safest payment methods around. And it’s predominantly for this reason that the payment option is accepted at a plethora of online casinos on the net. In our guide below, we go through everything you need to know about using it at casinos and even provide you with a list of the best Visa Casinos around.
If you still consider yourself to be a sceptic of making transactions via the internet by using credit/debit cards or e-wallets, Bank Wire can provide you with a great alternative to electronic payment options. Want to know more? Just read our guide and then head over to one of the Bank Wire Online Casinos in our list to hit the Blackjack table or give that Slots game you’ve been just aching to play a go!
In the online gambling industry, there are few payment options that are as well-reputed and widely used as Skrill. With that said, this e-wallet, formerly known as Moneybookers, has long been established as a quick, convenient and safe method to transfer money to and from online casinos. And fortunately you now no longer need to go on the hunt to find information about it and find the best Skrill Online Casinos to play at, here they are below!
One of the newest emerging trends amongst keen online bettors is gambling at Bitcoin Casinos. Perhaps the primary reason that these types of casinos are becoming increasingly popular is the fact the digital cryptocurrency makes it easier for gamblers to deposit and withdraw funds more easily than other payment options do. Looking for a Bitcoin Casino? If so, have a look at our list and guide below and start winning more Bitcoins!
As an industry leader in online prepaid payment methods, Paysafecard is used by many an online casino to accept deposits from gamblers. It is perhaps one of the most widely supported prepaid cards in the online casino world. Apart from this you can also make purchases at thousands e-commerce shops on the net. If you’ve like to learn more about Payseafecard Online Casinos, we recommend reading our comprehensive review below!
Basically: yes. Online casino payments are definitely safe. You don’t have to worry about anything shady going on when you make your payments. Online casinos employ bank-level security to ensure that all player funds are secure. In order to do this, a number of measures are taken into consideration.
- The requirement of certain legal documents to prove the legitimacy of the player’s identity
- Total player confidentiality when it comes to legal payment documents
- Use of SSL 128-bit encryption technology for payment transactions
This latter point is especially important. Any transaction you make at your online casino – whether it’s a deposit or withdrawal – is encrypted. cash out means that it is extremely difficult, if not impossible, for a third party to try and hack your information.
The speed of your withdrawals/payouts is dependent on two important factors:
- How long the casino payment team takes to process and approve your withdrawal request
- How long your banking option of choice takes to then process the casino’s approval and payout the amount into your personal account
Most online casinos of repute will take, at most, 24 hours to process and approve your payout request. Other casinos might take up to 48 hours. Less than reputable casinos will take over 48 hours, sometimes up to 5 days. You can check the payment methods up above to find out what the typical time-window is for each option.
Here at Casinos.co, you can use our Casino Compare tool to find out how we’ve rated each individual casino on withdrawal speed. You can then pick and choose the casino based on other factors that work best for you.
Alternatively, you can check out our Fast Paying Casinos page to get a short-list of the fastest online casinos for Canadian players. Our standard for this list is 2 hours or less when it comes to processing time. Now that’s bloody fast!
Yes, they are free in so far that the casino will never charge you money to either deposit or withdraw. If it does, then find another casino.
However, the payment method you’re using itself can come with transaction fees that you’ll have to square with the casino.
For example, sometimes credit card payments like Visa, Mastercard or Maestro will have a small percentage charge on every time you make a transaction with them.
So, while online casino payments are usually free, it isn’t the case across the board. Always check the cashier/deposit section of your casino before making the transfer as this information differs from one casino to the next.
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