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Best Online Casino Payment Types at a Glance

The booming world of online gambling has undoubtedly evolved to favour the client first and foremost. From an ever-growing array of online casino games to the super-modern HD live casino tables, it’s not hard to see that operators will go the extra mile to please players of all profiles. This holds true for the common payment policies currently in place, with gambling sites offering a wide selection of transaction options to its members – way beyond the traditional credit or debit methods we’re used to seeing.

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Of course, online payment methods come with certain advantages and disadvantages with each type, and that’s precisely what we’ll address on this page and in our detailed payment guides. Useful tips on what to keep in mind when choosing the right payment type also follow, and our tested and reviewed casino tips in the table above and throughout the pages will give you our top picks for each payment type.

Comparing the Different Online Casino Deposit Methods

Whether you’re a fan of the old credit card or prefer a more modern method for your online casino deposit – perhaps an e-wallet – you’ll find that each category of online casino payment type speaks with a set of selling points that may work to one or another type of player. Those who aim for speed might reach for PayPal or credit, while those looking for more control in spending could profit from using a prepaid card. Bitcoin, on the other hand, caters to those who are after complete anonymity – though a drawback is that this transaction method hasn’t quite fully arrived at gaming operators, so the pickings are slim in terms of where to deposit with this niche but wildly successful virtual currency. Check out our quick roundup below.

Credit Cards

Credit card payments have quick processing times and are typically not subject to additional fees imposed by the operator. Nevertheless, this is something the user should check since processing fees are applied on a casino-specific basis. MasterCard and Visa are always accepted, while some operators may also offer Diners Club.

Prepaid Cards

Prepaid Cards like paysafecard, ecoPayz or EntroPay are usually accepted at online casinos in the UK – though you should check this directly on the website as the accepted prepaid availability may vary. Withdrawals may also be available on a casino-specific basis. When not, an alternate method such as bank transfer will be possible.

E-Wallets

Popular e-wallets like PayPal, Neteller or Skrill are also widely accepted at many major operators. These typically enjoy instant processing, no additional fees from the casino, and an added layer of security since your details aren’t be visible. Withdrawals are also possible – the money will simply be sent to your e-wallet account.

Bitcoin 

The recent years have marked an increase in the use of Bitcoin, with the trend reaching the realm of online gaming with growing frequency. While currently just a handful of UK casinos allow Bitcoin deposits, the trend might grow in the coming years, especially thanks to Bitcoin’s inherent anonymity feature.

What to Keep in Mind when Making an Online Casino Deposit

Whether you’ve played in an online casino before or not, first things first: you’ve got to become a registered member to play any real money games for which a deposit is necessary. That means that the first step to making a deposit is signing up to join an operator website, which is a really easy process. You just fill out a registration form and proceed according to the instructions. You may need to verify your email with a link sent to your inbox – though this differs from casino to casino. And don’t forget: there are usually sweet welcome bonus offers on the menu, so make sure you pick the right package that suits your needs.

HOW TO SUCCESSFULLY DEPOSIT FUNDS INTO YOUR ONLINE CASINO ACCOUNT
An image of a sing-up screen at an online casinoRegistrationFill out the sign-up form to become a member at your online casino of choice.
A wide range of payment methods to choose fromDeposit MoneyChoose your preferred deposit method, put in the amount and payment details and confirm.
A casino lobby showing available games after a depositBrowse & PlayFunds will be deposited instantly, after which you’re free to play. Pick your game and have at it!

Once you’ve signed up and claimed your bonus and scoped up some real money games to get into, you should head to the deposit section of the casino to put in some funding for your wagers. Pick the payment method most convenient for you – but don’t forget to get an overview of the minimum and maximum deposit amounts. This may make you change your mind when picking the mode of deposit – high-rollers might look for more generous limits, while low stakes players may be content with a smaller range. Withdrawal limits are typically also in place, though some payment providers have got no caps on how much you can withdrawal at a time – so there are ways to get all your cash in one chunk when you finally bust that huge jackpot! It’s also a good call to check for any payment processing fees, though major casinos process payments like credit, debit, e-wallets and prepaid cards for free.

Are There Bonuses for Specific Online Casino Payment Methods?

There are many attractive online casino bonuses to be had - just find the right oneSpeaking of welcome packages, there are only a few other bonus options out there apart from the standard new player deal. Especially when it comes down to payment types, it’s not typical for casinos to offer payment-related perks on top of the sign-up offer. Nevertheless, PayPal users are in luck. There is a handful of operators which reward PayPal payments in one way or another. For instance, you might get a lump sum added to your credit when using this popular e-wallet, or you might be rewarded with a percentage cashback. These casinos are, unfortunately, few and far in between, but our dedicated guide will tell you more about where to find them.

Casino Withdrawals – How Do They Work?

If you find yourself on the profitable end of things, there’s, of course, easy ways to get your hands on your hard-earned cash. Complementing the most common online deposit methods, withdrawals are usually also possible with credit, debit, e-wallets and bank transfers. Nevertheless, not all payment avenues will be possible, and this depends on each casino’s individual policy. For instance, some prepaid card types lend themselves well to deposits but withdrawals are typically not possible. So what can you do if you find yourself in this pickle? Typically you’ll be able to choose an alternative method such as credit, bank transfer, or PayPal – though we’d have to say PayPal and other e-wallets tend to be the quickest and most reliable withdrawal options, so reach for these if you’re keen to get a hold of your winnings quickly!

Depending on the casino, there might also be a different process in place to take money out – some are relatively straight forward and can be easily processed through the same or alternative online casino payment methods, while some casinos require a slightly more stringent proof of identity at the time of your first withdrawal. You might be asked to provide a notarized form of photo identification, such as a passport or driving licence, front and back copies of the cards used for deposit, and a proof of address.

As far as withdrawal limits go, we’ve already mentioned that some casinos and payment methods might forego a cap on the amount and let you take out as much as you can and want. Otherwise you should check with each casino site individually for their specific minimum and maximum limits. In case the maximum withdrawal is capped at a particular casino, there’s typically still a way to take out a sum exceeding the allowed limit, on an ad-hoc basic, with the help of customer support.

Instant Pay at an Online Casino with Mobile Apps

You might be wondering how things work with payments while gambling on the go; well, it’s no different than sorting out your deposits and withdrawals on a desktop, actually! Whether you’re playing on a downloadable native app or simply gaming through the browser with the help of a web app, you’ll be able to manage your banking just the same, simply by choosing one of the offered methods. Another nifty way to an instant pay online casino option – especially in the case of small payments – is mobile billing, a payment type steadily growing in popularity in the recent years. Long story short, this method lets you charge the deposit amount onto your phone bill, but if you’d like to know the specifics, head over to our mobile casino apps page.

Variety of Payment Methods: There’s Something for Every Player

Whether you prefer to use the more traditional forms of payments or are up for more modern avenues like e-wallets or even Bitcoin, you can rest assured that you’ll find casinos working with your ideal way to put in and take out money. Specifically in case of debit/credit, e-wallets and prepaid cards, online casino in the UK tend to be quite forthcoming not only with availability but also minimum and maximum limits. As with many other things, the devil’s in the details – so make sure to check for processing times and any possible applicable fees at the online casino itself before you commit. If you’d like additional resources on where to look, check out our hand-picked selection of reliable casinos. If you’re keen to start playing, then go right ahead and visit our top pick below!

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