In this review, we will tell you about one of the most popular ways to conduct transactions in online gambling — ewallet casino payments. You will learn how to deposit and withdraw funds using this option. You will read about the most common and reliable electronic wallets, as well as learn about their advantages and disadvantages. Let’s get started read about casino payment method.
Intro to Casino eWallet
E-wallets have been one of the most popular payment methods on the Internet for many years. People appreciate them for their ease of use, high level of confidentiality (when conducting transactions, you do not need to enter detailed data, as, for example, when using a bank card), as well as speed of transactions. The advantages of e-wallets are highly appreciated by gamblers who widely use them in online casinos. To this day, this option is among the most popular and reliable methods used in gambling.
How to Make a Deposit Using eWallet
Each online casino has a banking zone, access to which opens after registration. The transition is usually available through the top menu of the site or account options. To make a deposit using an electronic wallet, you need to do the following:
- Open the gambling website using a desktop or mobile browser;
- Log in by entering the personal data specified during registration;
- Open the Cashier;
- Select the “Deposit” tab and the e-wallet casino as a banking method;
- Follow the specific instructions of your wallet;
- Specify the transaction amount and confirm it.
Please note that the deposit using e-wallets is much faster than using bank cards because you practically do not need to enter personal and payment data.
Popular eWallet Payments for Casino
As we said above, e-wallets are one of the most popular payment methods among gamblers who value their security and speed of transactions. You will be able to find many such options in the online casino, we have selected the most popular ones for you.
Ecopayz Casino
The Ecopayz payment method is rapidly gaining popularity in recent years. Gamblers highly appreciate it for its reliability and ease of use. Usually, the withdrawal of funds with its help takes no more than 48 hours, and no commission is charged.
Casino Neteller
One of the most popular options in online gambling is the Casino Neteller payment method. Its advantages are an excellent reputation, the highest level of security, fast execution of deposit and withdrawal transactions, as well as the almost complete absence of fees (in some cases it may be charged). You can use the Neteller app to comfortably conduct transactions from your phone and confirm the transfer of funds to an online casino from your wallet.
Skrill Casinos
You will surely be able to find a casino with Skrill because many gambling sites offer their customers to use this convenient option for making reliable, fast, and secure payments. It is considered one of the best (if not the best) e-wallets that are available for deposits and payouts at gambling websites. Currently, it is used by more than 36 million people worldwide.
Paypal Casino
Paypal is one of the most famous payment methods widely used on the Internet and at gambling websites. Safety and reliability are its key characteristics. There are little to no fees when using this option. The speed of transactions will also please gamblers who do not like to wait long — funds are deposited instantly, and the speed of withdrawal operations depends only on the processing of the request by the staff of the gambling site.
Much Better Casino
It is an app-based wallet that allows you to make payments in the most reliable, secure, and economical way. To get started, you need to download the Much Better casino payment method app for your Android or iOS device. After registration, you will receive a convenient tool that allows you to conduct quick transactions. However, please note that depending on the online casino, you may need to pay a commission.
Interac Casino
In Canada, the Interac payment method is one of the most popular options for conducting deposit and withdrawal operations at gambling websites. It usually takes up to 30 minutes to make a transfer, but most often the money is credited to the account instantly. As for withdrawal transactions, they take several hours. Extra security layers guarantee the safety of your money.
Mifinity Casino
The Mifinity payment method is an excellent choice for gamblers who want to quickly and safely conduct transactions with their online casino account. This option can be used both on the desktop and download the official Mifinity app for Android and iOS devices. Currently, the service is available to users from more than 170 countries. To use it as a payment method in at gambling platform, you need to select Mifinity in the banking area of the site, specify the deposit amount, follow the instructions for logging into the payment system account, and confirm the transaction. All this will take you about a minute.
Idebit Casino
Another reliable option that allows you to safely and quickly transfer funds from a bank account to a user’s balance at gambling website. Idebit payment option can be used both for deposit and withdrawal of funds, and there is either no transaction fee at all, or it is insignificant (it all depends on the site where you play). When using Idebit, the balance is replenished almost instantly, but the withdrawal of funds will be processed within 5 business days.
Jeton Casino
This e-wallet was launched only in 2016, but it is already one of the most popular payment options of its type in online gambling. You can use it to conduct fast, convenient, and reliable transactions directly from your smartphone. Advanced encryption technology and the absence of the need to enter important banking information on the site are also the advantages of Jeton payment method. It is now available in more than 100 countries and supports about 50 currencies.
Ukash Casino
Ukash was launched in 2005, acquired by Skrill Group in 2014, and is now officially part of the PaysafeCard network. This payment system allows its users to exchange cash for secure codes to make payments online. You don’t need a bank account or email to use the Ukash payment method. You need to purchase a voucher, and then enter a 19-digit code in the options at the gambling website, after which the funds will immediately be credited to your account. There is no commission for using this option.
Poli Casino
Poli payment option was created in Australia in 2006. Since the moment of launch, it has established itself as one of the most reliable and secure ways to conduct deposit and withdrawal operations in online casinos. It allows you to provide direct transactions from a player’s bank account to his/her account on a gambling site. One of the advantages of Poli is that it is a completely free option — you will not be charged a commission for its transactions using it. Usually, deposit operations are instant, and withdrawals take from 1 hour to 3 business days.
Gigadat Casino
This is a reliable payment platform created by specialists from Canada to conduct secure transactions both within the country and abroad. A serious advantage of Gigadat over many other electronic wallets is that this method was launched to create a comfortable ecosystem for Canadians. It now includes more than 250 banks, the method provides a safe gateway to move money from a user’s bank account to his/her account at gambling website without disclosing banking details. The high level of confidentiality of the wallet owner and transaction security are the undoubted advantages of the Gigadat payment method.
Pros and Cons eWallet
Ewallet Casino Payments has been and remains one of the most popular banking methods at gambling websites. However, they have not only advantages but also disadvantages. We will tell you about it in more detail.
Advantages
- Ease of use. Money transactions using Webmoney casino payment method or other e-wallets are much faster and more convenient than, for example, debit cards that require entering your data. Usually, you only need to select an e-wallet as an option for depositing/withdrawing funds, after which you will be redirected to the mobile application to confirm the transaction amount;
- Two-factor authentication. This option provides an additional level of security. When using it, a six-digit confirmation code is sent to your device, which you need to enter in a pop-up window. Authentication allows the system to make sure that your account has not been hacked;
- Quick withdrawal of funds. One of the key aspects affecting gamblers’ attitude to payment methods is the ability to quickly withdraw funds. In comparison with traditional banking methods, e-wallets conduct such transactions twice as fast (24-48 hours versus 3-4 business days);
- High level of security. The less personal banking information you enter online, the better. Using an electronic wallet configured on a mobile phone, you just need to enter and start using a password. You can also increase the security of the device by using a key blocker or fingerprint to unlock the wallet password.
Disadvantages
- Deposit limits. At different gambling websites, the limits on replenishment of the balance when using an e-wallet may be limited. However, there is a plus to this, because people with a gambling addiction will not be able to spend money uncontrollably;
- Restrictions on the Welcome Bonus. There are situations when e-wallets are not suitable as a deposit method for activating a Welcome Bonus;
- Almost all e-wallet providers charge a small commission for the receipt of funds to your account. If the fee is also taken by the gambling site you have chosen, then it may be very unprofitable for you.
Editor-in-chief and creator Cole Smith of casinocurrencies.com, has extensive experience with casino payment systems, The site was created to provide an honest and trustworthy resource for online gambling players.