When it comes to spending money online consumers have plenty of choice on how to part with their money, and placing bets online is no exception. These days it is not unusual for online casinos to offer a range of payment methods to their customers and every customer will have their own preference as to which payment method they prefer over others. Often there is no right or wrong as to what you should use as well as well as surprised to realize UK poker not on Gamstop. Personal preference is fine. Of course, you’ll want to use a secure method when spending money online and using online casinos is certainly no exception. Let’s take a look at some of the most popular ways to spend money at an online casino and their specific benefits.
Trustly
Trustly casinos have grown massively in popularity in recent years, largely due to the fact that Trustly is becoming more well-known as a payment provider. Trustly currently works across 29 European countries and has grown in reputation when it comes to offering fast online transactions. Much like PayPal, you’re able to use your debit and/or credit card to make payments – and with their instant transaction processing, you’ll be able to get started quickly.
PayPal
PayPal is arguably one of the most popular ways to spend money online, so it is no surprise that many online casinos offer this as an option for depositing into your account and withdrawing any winnings. The great thing about PayPal is that you’re able to sign in and spend money using just your username and password. This not only makes it easy to spend online but it keeps your personal bank details safe and secure. In the UK credit cards are no longer allowed to be used directly on gambling websites; however, people that want to gamble in this way have found that adding your card to PayPal and spending this way is a loophole that helps you get around this restriction.
Skrill
Skrill is another e-wallet provider that offers ways to make payments online. It was launched in 2001 as Moneybookers and has gone from strength to strange since then. One thing that many people like about Skill is that they offer a range of financial services to their users, so there is something for everyone. Skrill offers a range of safety and security measures for their payments too, which is why many platforms use them as a payment processor for their own payments too.
Choosing How to Spend Your Money at an Online Casino
Having plenty of choice when it comes to spending money online is a great thing, but it can also make things confusing for consumers. The first thing to remember is that there is no right or wrong, everyone will have methods that they prefer and platforms that work best for them and that is okay.
However, if you don’t have a preference then the best thing you can do is research the casinos that you want to play at and see what payment methods they offer. You’ll find that most online casinos offer a range of payment methods including just spending directly with your debit card – and many even let you choose the currency that you want to deposit using.
The most important thing to do is check that the online casino you are gambling with is legitimate so that you can feel safe sharing your details with them. Check that they have an SSL certificate and that they are registered with the correct authorities that they should be. Reading reviews online is a good idea too. Remember, there are some great casino offers out there but if something seems unrealistic or too good to be true then it could be time to look for an alternative casino instead.
Why Do People Opt to Use e-Wallets to Spend Money?
Although most casinos allow you to spend directly with a debit card, there are many people that do not feel comfortable sharing their bank details with gambling platforms. An e-wallet provider allows you to spend directly with your bank without actually needing to share your bank details directly. Not only that, but these e-wallet providers usually offer instant transaction speeds, which means that you don’t have to worry about delays in the banking system slowing down your gameplay.
When joining an online casino platform for the first time there will usually be a number of rewards or bonuses on offer. It is worth checking out what these are, because you may find that using a payment provider such as PayPal or Trustly means that you are entitled to a bigger bonus.
The Future of Online Casino Payments
The way we spend money online is always changing. It isn’t that long ago that debit or credit card was the only way to spend. This sometimes meant a 3-5 working day wait for certain transactions to be completed – not good if you’ve won at an online casino and want access to your well-deserved winnings. Consumers becoming frustrated at these lengthy delays are one of the reasons why e-wallets picked up in popularity, because of the faster transaction speeds that they offered.
Although e-wallet providers like Skrill and Trustly are still popular and show no signs of disappearing anytime soon, we are seeing a shift in the way people opt to spend money at a casino. Without a doubt Cryptocurrency casinos are picking up in popularity; because people are starting to prefer using the likes of Bitcoin and friends to spend their money. There are many reasons why Cryptocurrency would be popular with this type of spending, but the fact that it doesn’t have a paper trail definitely helps. People often dislike having gambling transactions on their bank statements and even using e-wallet providers doesn’t always avoid this problem. However,
Cryptocurrency isn’t documented or regulated in the same way. This means people can spend at an online casino and withdraw any winnings without anything related to casinos or gambling appearing on their bank statements.
