Virtual gambling is a form of betting usually structured like a game and typically involves fake currency. For instance, Bitstarz Casino Online offers more than 3000 games such as slot games, table games, bitcoin games, and live games.
This sort of gambling could be a good way to learn and play games in a relatively safe environment. Generally, virtual casinos accept fiat currencies, cryptocurrencies, credit cards, debit cards, and e-wallets.
Online Casino Payment Methods
How do you make an online casino payment? What are the different casino payment methods?
The days when people used to visit offline-based casinos frequently to quench their thirst and desires for gaming are long gone. Technology advancement has made electronic casinos possible for casino games enthusiasts. It made it easy for them to play their favorite games from the comfort of their homes.
Today, you can access casino software through mobile, desktop, or laptop and still have smooth gameplay.
There are a lot of critical components and the most important one is reliable and safe payment methods. Nevertheless, an array of secure payment methods is available for easy and safe transactions for players.
Online casinos offer versatile methods for withdrawals and deposits to all new or regular players. They can have a secure and stress-free gaming experience.
Want to know more about the popular online casino payment methods in 2022?
Want to find out the top ways to pay? Now, most sites accept traditional payments like credit cards. But you can also go for crypto casinos that are popular.
1. Debit and Credit Cards
It does not come as a surprise that credit cards are the most popular purchase methods for everything. They are convenient, easy-to-use card payment solutions that transfer electronic funds anytime, anywhere.
The most commonly used providers are Visa, MasterCard, and Union Pay. Moreover, credit cards and debit cards are used all around the world.
It is especially popular in Europe and the United States and is one of the leading buying methods in Spain, France, Belgium, and the UK.
Cryptocurrencies are generally accepted as payment in crypto casinos. However, they are being adopted by many casino portals and online sportsbooks.
The guaranteed security offered by Bitcoin and others resulted in the growing use of cryptocurrencies. Also, apart from Bitcoin, Monero, Bitcoin Cash, and Litecoin gained popularity. It is because of the following perks cryptocurrency offers in virtual casinos:
- Quick or instant transactions
- Security involving advanced encryption technologies
- Privacy and anonymity
Electronic wallets or E-wallets are convenient online casino payment methods that gained popularity. They are easy to use for transfers, payments, deposits, and withdrawals.
These online wallets are designed for more security in e gambling transactions. E-wallets can be a good alternative option if you don’t want to link your bank account to casinos.
PayPal is the most popular e-wallet with almost 200 million active users located in North America and Europe. Along with that, Neteller, QIWI, Jeton, Skrill, WebMoney, EcoPayz are a few of the commonly used e-wallets.
4. Prepaid Vouchers and Cards
Prepaid vouchers or cards are like temporary e-wallets and are most ideal for players who want to ensure their privacy. In addition, players can buy them in their local currencies instead of using credit cards.
These players use the 16-digit code on prepaid vouchers and cards to make online deposits. Identities can remain anonymous using providers like AstroPay card, Boleto, Paysafecard, and Neosurf.
5. Bank Wire Transfers
One can always opt for the traditional method of wire transfers from bank to bank. This is one of the primary payment options for many iGaming bookies and operators.
Wire transfers are secure methods that are subjected to stringent Know-Your-Customer processes. It reduces money laundering possibilities and other risks involved in online casino transactions.
This type of payment method takes more time and could take a week to complete. Also, the fee charged by the bank can be a major drawback for bank wire transfers.
6. Mobile Payments
Recently, mobile payments have become a popular method for no-contact transactions. Many players enjoy playing virtual casino games on smartphones. Hence, options like Zimpler, Megafon, and Beeline are very popular among mobile casino gaming regulars.
Additionally, mobile payments can help connect their phone numbers to their bank accounts or credit cards. So, it can make safe online payments through some security code or verifications via thumbprint.
There are many different types of payment options like E-wallets, bank account transfers, and more. But, it can be difficult to select a proper method to use in virtual gambling.
Nevertheless, making deposits and withdrawals has become easier. This, regardless of the method you choose. Furthermore, depending on the purchase option you can even get bonuses or free spins.