Deposit Methods
Do you still remember the very first time you played an online slots and casino games with real cash? While excited by an opportunity to make a profit with what was thus far “only” an enjoyable pastime, you probably also felt at least a tiny bit apprehensive. After all, you were about to hand over money to an entity located at the other end of the world, using one of the offered online banking methods to make cash disappear on your end and hopefully materialise on the other.
You must have had quite a few questions.
- Which is the best vehicle to choose? How long will the journey take?
- Is your valuable cargo threatened by internet pirates?
- Will the entire amount pulled out of your pocket or a bank account make it?
All of these need to be answered before any money leaves your hands. Before we take a look into these questions, below, we can offer you the top 3 casinos online for making deposits quickly and easily in you area (and also for cashing-out winnings)
Best Online Casino
Jackpot City Casino
- 700+ Vegas slots
- Accepting all players in Canada, Jackpot City is fully regulated, and 100% legal.
- Highly reputable, with world-class banking, for easy deposits and withdrawals.
How to Make Casino Deposits
When ready to make a deposit, online players may be offered only a few options or a long, long list of alternatives to pick from. It might be frustrating to face a small choice, especially if none of the payment methods fit your preferences, but a large one could be daunting and make your decision all the more difficult.
Even the shortest lists normally include credit cards, eWallets and Bank Transfer. Visa and MasterCard are frequently featured in the online gaming world and millions of players are happy to use them for funding their casino accounts. Most of us are well familiar with the payment process because we’ve already used a card to pay for various goods and services over the internet.
Apart from being simple, credit card transactions are fast; seconds after confirming the purchase, you’ll see money added to your balance. As far as safety goes, credit and debit cards are among the most secure online payment options out there and you can pretty much bet the entire amount nothing will happen to your hard-earned cash (unless you yourself make it grow or disappear).
FAQ
eWallets
Ewallet is another frequently used deposit method with multiple benefits, among which speed, simplicity of use, safety and cost-effectiveness. Though users first have to sign up for Skrill, Neteller or PayPal service and load the chosen wallet with cash, all subsequent payments are executed with nothing more than an email address and a password. The fact that you’ll not be sharing sensitive information such as credit card details with the casino is just one of many ways to ensure your money is safe. There are far more eWallets in addition to the three most popular ones mentioned above, but you’ll find they all function in a similar manner and share the same benefits. Skrill and Neteller have the widest distribution, and some online casinos will also offer players to pay via WebMoney, Click2Pay, ClickandBuy, ecoPayz, iDeal, Instadebit, Ewire, Moneta.ru and / or Yandex Money.
Pre-paid Cards
Instant deposits can also be made via pre-paid cards. There are cards one can purchase with a fixed amount of money already on it, such as PaySafeCard, Neosurf and AstroPay, and those which allow users to put a desired amount on the card themselves and which can be reloaded, such as EntroPay, Postepay and Todito Cash. Players like them because they provide anonymity and one doesn’t even need to own a bank account in order to use them.
Online casinos will often support one or more of Instant Bank Transfer options which enable instant deposits using your online banking system. Trustly, Sofort, iDebit, Citadel, Euteller, Giropay and Nordea are some examples of those you may come across when looking to fund your online casino account in a simple and secure manner.
Bank / Wire Transfer
Bank Transfer or Wire Transfer is one of the oldest ways of sending money back and forth. Though the vendor will have to be aware of your identity, you won’t have to set up any additional accounts and remember any passwords; all you need is a bank account with some money in it. Knowing how seriously banks take security, users can be confident their funds are well protected.
Mobile Payments
As gaming on the go becomes increasingly popular, more and more gaming sites are introducing mobile payment options such as Zimpler, Boku and PayForIt. Service providers will either send you a bill via e-mail or text message, or add the deposited amount to your monthly phone bill.
Crypto Currencies
Digital currencies such as Bitcoin are another contemporary online payment method with very unique benefits. Apart from being one of the fastest deposit and withdrawal options, Bitcoin ensures complete anonymity, features highly sophisticated security measures and is not susceptible to inflation.
Pros and Cons to Online Casino Banking Methods
You’ll find most of the above deposit options to be instantaneous, which is obviously important since you’ll be eager to start playing without delay. Bank Transfer is one of those which will make you wait for hours, plus they’re relatively expensive when compared to other methods - especially since the casino may charge a fee as well as your bank.
Ewallets and Bitcoin are generally considered to be the fastest tools an online player can use and this strength becomes apparent when funds are being withdrawn; once the casino processes your cash-out request, the money will appear in your eWallet almost immediately.
Though we’re now taking about deposits, it’s important to think ahead and consider benefits and disadvantages of each payment method throughout the gaming process. While on the subject, let’s not forget that some real money casino operators implement different tools to motivate or demotivate players from using one or more of the available options. They might withhold the welcome bonus if you’re funding your account via Skrill or Neteller, or offer exclusive freebies for Bitcoin depositors.
Each payment service provider employs a range of security measures to protect funds transferred to and from the casino, so the only thing you have to make sure is to open an account at a reputable and properly licensed gaming site.
If you have no problem sharing sensitive information with the vendor, feel free to use Bank Transfer or credit / debit cards, but players valuing their privacy might be better off paying with pre-paid cards or Bitcoin. For speedy withdrawals there’s no better option than eWallets, while mobile payment methods are the most convenient choice for those frequently accessing casino games via a smartphone or tablet.
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