Online Casino Payment Methods
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/fit-in/80x80/julia-attard.png "Senior Author & Online Casino Expert"){kind=small}
9 Min Read
Whether you're a seasoned player or new to the world of online gambling, choosing the best payment methods is crucial for a safe and secure experience at an online casino. Most casino deposit options are quick and easy, and there’s no need to worry about security. This is because reputable casinos use 128-bit Secure Socket Layer and digital encryption to protect your sensitive data. To put your mind at ease, we've reviewed the most popular transaction methods. Let's dive in and tackle some of the most common questions and concerns players have about casino payments.
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How we review the best casino payment methods
Why can you trust CasinoTopsOnline to help you choose the right casino payment method? Because we have a strict list of criteria that transaction methods must first meet. Let's break down how we rate different payment methods based on key factors that matter most to players.
Minimum deposit amount
The minimum deposit amount is crucial, especially for players who want to test the waters without committing too much money. Players who don't want to risk a lot of money should opt for options that have low deposit limits. Here's a breakdown of common minimum deposit amounts for casino payment methods:
E-Wallets (PayPal, Skrill, Neteller): Typically have lower minimum deposit requirements, often starting at $10 or $20. This makes them ideal for casual players or those on a budget.
Credit/Debit Cards (Visa, MasterCard): Minimum deposits can vary but usually range from $10 to $25. This is convenient for most players, but always check the casino's terms.
Bank Transfers: Bank transfer are usually reserved for heavy roller and, as a result, the minimum deposits can be higher, sometimes starting at $50 or more.
Cryptocurrencies (Bitcoin, Ethereum): Minimum deposits can be quite low, sometimes even less than $10. This is great for players who want to try out crypto gambling without a big investment.
Prepaid Cards (Paysafecard): Minimum deposits are usually low, starting at $10 or $20. Perfect for players who want to control their spending. However, players should remember that prepaid cards usually don't support withdrawals.
Maximum deposit limits
Different payment methods have varying maximum deposit limits. For example, if you're a high roller, you’ll need to know if a worldwide online casino accepts large deposits. Here's a breakdown:
E-Wallets: Generally have flexible deposit limits, often allowing deposits up to $5,000 or more. This makes them suitable for both casual players and high rollers.
Credit/Debit Cards: Deposit limits can be high, sometimes up to $10,000 or more, depending on the casino and your card's limit.
Bank Transfers: Often have the highest deposit limits, making them ideal for high rollers. Some casinos may allow deposits of $50,000 or more.
Cryptocurrencies: Deposit limits can be very high, sometimes with no upper limit, depending on the casino. This is great for players who want to make large deposits.
Prepaid Cards: Usually have lower deposit limits, often capped at a few hundred dollars. This is suitable for players who want to keep their spending in check.
Withdrawal times
Getting your hands on your winnings quickly is a top priority for many players. Here's how different payment methods stack up:
E-Wallets: Usually the fastest option, with withdrawals often processed within 24 hours. Some casinos even offer instant withdrawals for e-wallets.
Credit/Debit Cards: Withdrawals can take longer, typically 3-5 business days. This is still convenient but not as fast as e-wallets.
Bank Transfers: Withdrawals can take several business days, sometimes up to a week. This is the slowest method but often the most secure.
Cryptocurrencies: Withdrawals are usually fast, often processed within a few hours. This is a great option for players who want quick access to their winnings.
Prepaid Cards: Not suitable for withdrawals. Players will need to choose an alternative method for cashing out.
Fees
Hidden fees can be a deal-breaker for many players. Here's what you need to know about fees for different payment methods:
E-Wallets: May have fees for deposits or withdrawals, depending on the service. Always check the terms and conditions.
Credit/Debit Cards: May incur fees from the card issuer, especially for international transactions. Some casinos may also charge a fee for card deposits or withdrawals.
Bank Transfers: Often come with fees, especially for international transfers. These fees can vary widely, so it's important to check with your bank.
Cryptocurrencies: Usually have low fees, making them a cost-effective option for players. However, fees can vary depending on the cryptocurrency and the casino.
Prepaid Cards: May have activation or usage fees. Always check the terms and conditions before using a prepaid card.
Are They Eligible to Claim Bonuses?
Claiming bonuses is a great way to boost your bankroll, but not all payment methods are eligible. Here's what you need to know:
E-Wallets: Some casinos exclude e-wallets like Skrill and Neteller from bonus offers. We recommend always checking the bonus terms and conditions before deciding on transaction method.
Credit/Debit Cards: Generally, debit and credit cards are eligible for bonuses. This makes them a popular choice for players looking to claim welcome offers and other promotions.
Bank Transfers: Usually, bank transfers are eligible for bonuses, but as we stated earlier, this method is often better suited to hard core players with big bankrolls.
Cryptocurrencies: Often eligible for bonuses, and some casinos even offer exclusive crypto bonuses. However, always check the terms and conditions as not all cryptos may be eligible for the bonus.
Prepaid Cards: Prepaid cards are very dependent on the casino. Most casinos don't allow withdrawals via prepaid card. Since casinos prefer players to stick with the same deposit method as their withdrawal method, we can assume that using this method is not the best for claiming bonuses. Again, always check the bonus terms and conditions before using a prepaid card.
Different types of payment methods at online casinos
There are many different types of payment methods at online casinos, with some being more popular than others. Here you will be able to find the most popular casino payment methods, along with the best casinos which support them.
E-Wallets
PayPal
PayPal is a fast and convenient ewallet, available in many different countries worldwide.
Skrill
Skrill is a convenient eWallet to transfer funds online, with instant payments and high security.
Neteller
NETELLER is an ewallet that includes high security and mobile convenience, great for on the go.
Payz
ecoPayz is an ewallet that allows players to create a virtual card and make payments with low fees.
Much Better
Players in EEA & North America can top up their wallet instantly and pay using fingerprint ID.
Revolut
Revolut allows users to deposit with no fees, and receive a debit card from VISA or Mastercard.
Venmo
Venmo is a US social payment method that lets users deposit money and send it to their friends.
Jeton
Jeton is a great ewallet that lets you make all your payments from one mobile app.
Zimpler
Zimpler is ideal for any casino player who want to deposit their funds in a fast and easy way.
Trustpay
Trustpay allows online card payments in 170+ currencies, making it easy for players to deposit.
Wise
Wise (previously Transferwise) allows customers to pay in 50+ currencies with an app or card.
N26
Based in Germany N26 is a mobile banking app that helps you manage your payments online.
SafeCharge
Safecharge is safe and secure payment method allowing sites to accept payments for gambling online.
MiFinity
MiFinity is an eWallet for deposits and transfers with low fees, available in 70 countries.
GCash
Gcash is an online digital mobile wallet based in the Philippines with over 46 million active users.
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Paylevo
PayLevo (Kriita AB) was founded in 2012. Based in Sweden, it is also accepted in Norway and Finland.
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Debit Cards
Everyone, at least once, has used a debit card. Did you know that this is one of the most popular methods of gambling?
MasterCard
Mastercard is undoubtedly one of the most widely used payment methods worldwide, even for gambling.
Visa
Visa is one of the most popular banking circuits, used in online casinos all over the world.
Maya
If you are based in the Philippines, Maya is one of the best mobile apps to fund your online casino account in 1-click.
YONO
YONO is one of the most convenient methods to deposit at online casinos in several countries. Read our full review of this payment method.
Diners Club International
The Diners Club International card serves as a charge card for people to own. Initially, it went by the name of Diners Card, and it operated as one of the very first credit cards.
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Lydia
Lydia is a payment system that offers users payment cards, virtual cards or internet payments. Contactless mobile payments are also possible through it, as are money transfers between friends and family.
Debit, Credit & Prepaid Cards
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Credit Cards
Credit cards are the easiest, widely used direct payment method for online deposits, even at online casinos.
Maestro
Maestro is an arm of Mastercard, and allows online payments and withdrawals through a debit card.
Amex
American Express (Amex) is a widely-accepted card that lets you deposit and withdraw using a card.
Paysafecard
PaySafeCard is a pre-paid voucher for deposits available at local shops throughout Europe.
Discover Card
Discover Card is a popular card and payment provider for deposits and withdrawals at online casinos.
Astropay
AstroPay ewallet allows users to make international payments online with a virtual card.
Netspend
Netspend offers convenience, freedom, and security – factors that many players value online.
CASHlib
CASHlib's prepaid vouchers allow online payments without revealing your bank details.
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Play+
Play+ (Play Plus), is a prepaid debit card that can be used at many online casinos in the USA.
Flexepin
Flexepin is a pre-paid voucher and one of the most secure payment methods available today.
Chime
Chime offers its users online and no-fee checking accounts by partnering with banks to provide mobile banking services.
Wire Transfer
Bank Transfer
Bank transfers are the gold standard for deposits and withdrawals and making payments.
iDeal
iDeal is a payment platform that lets players make deposits directly from their bank accounts.
Trustly
Trustly provides fast and secure deposits and withdrawals, free of charge through bank e-payments.
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PoLi
POLi Payments is a safe, secure, and fast online banking service in Australia and New Zealand.
Citadel Banking
Citadel Banking is instant with no credit or debit cards required. Good security and support.
Klarna
Klarna offers a simple and secure way to deposit funds, but cannot be used for partial payments.
Sofort
SOFORT Banking is a safe and secure direct online bank transfer service for most EU online casinos.
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eCheck
eCheck is a solution for making deposits at some online casinos from your bank account.
Rapid Transfer
Skrill Rapid Transfer (Paysafe Group) allows money transfers directly from your bank account.
Inpay
Inpay is an international online payment method with low fees which is great for deposits.
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VIP Preferred
The VIP Preferred payment method allows you to benefit from hassle-free payments and higher limits.
Moneygram
Moneygram provides an alternative to online card payments for online casino deposits.
Zelle
Zelle is used by leading US banks, allowing deposits and transfers between different accounts.
InstaBank
InstaBank is an online banking service that allows fast deposits and withdrawals at online casinos.
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UPI
UPI puts multiple bank accounts into a single mobile application for fast and safe deposits.
Western Union
Western Union is the perfect way to deposit by mobile or in person through wire transfer.
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Hello Bank
Hello Bank uses Bancontract, which allows Belgian casino transactions swiftly and securely.
Knab
Knab Bank is an online banking service available for Netherlands residents great for online casinos.
Lunar
Lunar provides instant deposits and withdrawals with encryption and low fees, for NO, DK, and SE.
Payeer
Payeer lets a site accept deposits in fiat and crypto, making it a great option for all players.
Nordea
Nordea, a Nordic-based bank, offers deposits and withdrawals in 19 countries worldwide.
Crypto
Cryptocurrency
With speed, security, and convenience, cryptocurrencies are a hugely popular payment method.
Bitcoin
Bitcoin is the payment method of choice for the tech-savvy among us who want fast & safe payments.
Monero
Monero (XMR) is a cryptocurrency released in 2014 that focuses on the privacy of its users.
Ripple
Ripple's XRP is a popular choice with online gamblers, due to speedy transactions and low fees.
Ethereum
Ethereum (or Ether) is crypto accepted for deposits, gameplay and withdrawals at many casinos.
Tether
Tether casinos accept USDT coins to play slots, table games, live dealer games, and bet on sports.
Coinbase Wallet
Over 6,500 cryptocurrencies have seen the light of day, and many can be found at Coinbase.
BitPay
BitPay is a dependable crypto wallet for online casinos and online payments, with minimal fees.
Metamask
MetaMask is a very popular online crypto wallet with numerous cryptocurrencies and high security.
Binance Pay
Binance Pay is a borderless way to send and receive cryptocurrencies from a smartphone or mobile device. This payment method is available for every Binance user without a further account.
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Crypto.com
So far, the Crypto.com wallet has 80 million people utilising its services in 90 countries around the world.
Exodus Wallet
The Exodus brand markets itself as being able to empower people to control their wealth. That’s quite the ideal payment system to have available, right?
Mobile Pay
Google Pay
Google Pay lets users fund their account, using their mobile linked to their bank account.
Apple Pay
Apple Pay lets players make deposits and withdrawals using their bank account on their Apple device.
Boku
Boku lets players pay for things online on their mobile through their network or bank account.
AmazonPay
Amazon Pay is a prime example of convenient depositing, as you can use your existing Amazon account.
Siru
Siru Mobile is a platform in Finland which allows users to make online payments on their phones.
Noda Pay
The relatively new payment method, Noda Pay, has exploded in popularity in recent years as it has quickly become the transaction method of choice for online casino players.
Other Payment Methods
Cheque by Courier
Cheques are still accepted at some online casinos, for deposits and withdrawals.
Neosurf
Neosurf is quick and convenient, letting you deposit with a voucher code at online casinos.
Pay N Play
Pay N Play is a payment solution by Trustly, letting players skip registering and deposit directly.
CashtoCode
Cash to Code or CashtoCode is a payment method that allows you to transfer funds easily and securely. This occurs by cash across the internet.
Ensuring the security of payment methods in online casinos
Security is the most important factor when it come to online casino payments. Players need to trust that their financial and personal information is safe from fraud and unauthorised access. Here, we have highlighted the different security measure associated with the most common payment methods and how they might affect your transaction.
Security features of E-Wallets (PayPal, Skrill, Neteller, etc.)
Encryption: E-wallets use advanced encryption technology to protect your financial data during transactions.
Two-Factor Authentication (2FA): Many e-wallets offer 2FA, adding an extra layer of security by requiring a second form of identification, such as a code sent to your mobile device.
Anonymity: E-wallets allow you to make deposits and withdrawals without sharing your bank or card details with the casino, enhancing your privacy.
Tip: Be cautious of phishing emails or websites that mimic legitimate e-wallet services to steal your login credentials.
Security features of Credit/Debit Cards (Visa, MasterCard, etc.)
SSL Encryption: Most reputable casinos use SSL encryption to protect your card details during transactions.
Fraud Detection: Credit card companies have robust fraud detection systems that monitor for unusual activity and can alert you to potential fraud.
Chargebacks: In case of unauthorized transactions, you can request a chargeback from your card issuer.
Tip: Sharing your card details online always carries a risk. Ensure the casino uses secure encryption before entering your card information.
Security features of Bank Transfers
Direct Transfers: Bank transfers are highly secure as they involve direct transactions between your bank and the casino's bank.
Bank-Level Security: Banks employ rigorous security measures to protect your financial information.
Tip: While probably the most secure method of payment transaction, bank transfers can take longer to process, which might not be ideal for urgent transactions.
Security features of Cryptocurrencies (Bitcoin, Ethereum, etc.)
Blockchain Technology: Cryptocurrencies use blockchain technology, which provides a decentralized and secure way to record transactions.
Anonymity: Crypto transactions offer a high degree of anonymity, as they are not linked to your personal or bank details.
Tip: Always keep in mind Cryptocurrencies are highly volatile, and their value can fluctuate significantly. Also remember to check the legal status of crypto gambling in the country you are in, as this can affect the usability of this payment method.
Security features of Prepaid Cards (Paysafecard, etc.)
No Bank Details Required: Prepaid cards allow you to make deposits without sharing your bank or card details, enhancing your privacy.
Fixed Amounts: You can only spend the amount loaded onto the card, helping you control your spending.
Tip: Prepaid cards are typically not used for withdrawals, so you'll need an alternative method to cash out your winnings.
General Security Tips
Only choose licensed casinos: Ensure the casino is licensed and regulated by a reputable authority. This ensures they adhere to strict security standards. All the online casinos which appear on our site are 100% secure and regulated.
Use strong passwords: Create strong, unique passwords for your casino and payment accounts to protect against unauthorised access.
Enable 2FA: Whenever possible, enable two-factor authentication for an extra layer of security.
Monitor account activity: Regularly check your account statements for any unauthorised transactions.
Avoid public Wi-Fi: Be cautious when using public Wi-Fi networks, as they can be less secure and more susceptible to hacking.
Understanding the KYC process in online casinos
The Know Your Customer (KYC) process is a crucial part of online casino operations, designed to ensure the safety and security of both players and the casino itself. Let's dive into what KYC is, how it works, and how it affects your withdrawals.
What is KYC?
KYC stands for "Know Your Customer." It's a standard procedure in the financial industry, including online casinos, to verify the identity of customers. The primary goals of KYC are to prevent fraud, money laundering, and other illegal activities. If you would like to know more about KYC, make sure to check out our dedicated KYC page.
How KYC affects withdrawals
The KYC process can significantly impact your ability to withdraw funds from an online casino. Here's how:
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Mandatory for Withdrawals: Most reputable online casinos require players to complete the KYC process before they can withdraw any winnings. This is to ensure that the funds are being sent to the right person and to prevent fraudulent activities.
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Processing Time: The KYC process can take some time, depending on the casino and the complexity of the verification. This can delay your first withdrawal, but subsequent withdrawals are usually faster once your identity is verified.
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Withdrawal Limits: Some casinos may impose withdrawal limits until the KYC process is complete. This means you might not be able to withdraw large amounts until your identity is fully verified.
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Account Suspension: Failure to complete the KYC process or providing false information can lead to account suspension or closure, making it impossible to withdraw funds.
Online Casino Payment Methods FAQs
We’ve answered some of our readers’ frequently asked questions below. Have a look for more information.
What banking methods can I use?
Payment methods will differ from one casino to another. However, there are some widely accepted methods such as debit and credit cards and popular e-wallets such as Neteller and Skrill. We suggest checking the banking page of the casino to make sure that your preferred payment method is accepted.
How quickly will the funds reach my account?
This depends on the withdrawal speed of the casino and the payment method you opted for. Normally, casinos try to keep their withdrawal processing times as low as possible (up to 48 hours), this, however, might vary depending on the withdrawal amount requested and whether you provide the necessary documents in time. Certain payment methods such as mobile pay and e-wallets have instant payouts, whereas other methods such as wire transfers and cheques will take 3-5 business days.
How can I safely deposit at an online casino?
A casino which is license and has good standing will have high-security encryption in place, so as to ensure that the players’ sensitive data does not fall in the wrong hands. Security information is usually listed in the casino’s footer or in a separate page. If you are still concerned about your safety, there are some methods such as prepaid cards and e-wallets in which you won’t have to provide any personal information to the casino.
Do I need to provide any documents to cash out?
In order for the casinos to remain compliant with anti-money laundering laws, players are requested to send over certain documents upon requesting to make a withdrawal. The requested documents would usually include proof of identity such as ID card or passport and proof of residence such as utility bill or notary form. Some casinos might ask for more information depending on their license and internal procedure.
Are casino deposit methods the same as casino withdrawal methods?
No, some methods are deposit only thus we recommend that you check the casino’s banking page to see whether your preferred method is an acceptable deposit and withdrawal method.
Is there a withdrawal limit?
Some casinos impose minimum and weekly and monthly maximum withdrawal limits. The minimum and maximum limits may differ from one payment method to another. This information is usually provided on the casino’s banking page.
Which currency can I use to deposit at an online casino?
This will depend entirely on the casino itself. However, common currencies including EUR, USD, CAD, GBP, NZD and AUD are almost always accepted at the top-rated casinos. Some casinos are also accepting cryptocurrencies such as Bitcoin, Lithium, Ripple, Litecoin and Ethereum.
Do I need to own a credit card to play at a real money casino?
No, you can use various methods to fund your casino account. Apart from credit cards, popular safe payment methods such as e-wallets, bank transfers and mobile pay can be used.
What shall I do if I have trouble depositing at a casino?
Top reputable casinos will have a number of ways in which players can contact customer support including live chat, contact form, email, phone and social media. The best casinos will have some form of customer support which is available 24/7, this is extremely beneficial especially for overseas players who are in different time zones.
Which casino banking methods offer instant payouts?
E-wallets such as Neteller, Skrill and Paypal and Mobile Pay are two types of casino payment methods which offer instant withdrawal
Which payment methods can be used when playing the Sweeps casinos?
It depends. If you are looking for a specific online Sweepstakes casino, the best option is to visit the operator's website directly. Usually, these websites, accept mobile payment options such as Apple Pay and Google Pay.
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Giuseppe Faraone
Author & Online Gambling Expert
Fact-checked by Julia Attard
Senior Author & Online Casino Expert
