7 Fast and Secure Online Casino Payment Options
The gambling industry is a preferred way of entertainment for millions of people today. The advancement in mobile technology allows everyone instant access to hundreds of casinos. In 2020, 3.5 billion people own smartphones, and the number is projected to increase by 2021 to 28 billion. This shows that online gambling is no longer a reserved area for a few people.
Payment speed is also not an issue to worry about for a second. You can choose one of the best payment modes out there in no time and find instant payout casinos that suit your needs. Here are some of the that can help you to withdraw your winnings fast.
Visa has retained its reputation as the most trusted payment mode across the world. It is accepted at almost all online casinos. As such, if you are happy to use a credit card to affect your online transactions, Visa card will save you from the trouble of waiting for your money for a long time. Some gamers also opt to partner with Visa’s leading competitors, such as American Express and MasterCard.
Neteller, Paypal, and Skrill are the giants in the online payment. Out of the three, Neteller has a reputation for having the capacity to handle a lot of money associated with gambling within a short period. In 2005, the company transacted over 80% of gambling cash in the industry. Due to this, it had to pay approximately $300 million to the US government to get out of trouble.
Currently, based in the British Isles, . Besides, the company does not rake in a lot of cash as it did before. However, it remains one of the most reliable casino payment methods.
Skrill is the top rival to Neteller in the online payment industry. Since the Financial Service Authority regulates the company, it is one of the most secure online payment services. More online casinos accept Skrill than Paypal and Neteller.
Bank wire is an offline payment option, but many online casinos accept it. It is the best option if you want to transfer your money from one company to another. You can use your local bank or a specialized cash office. The two options make this payment method highly favoured among gamblers who trust offline payment services than the online alternatives. Bank wire is relatively expensive but guarantees users the benefits of gambling.
Western Union can transfer your funds online. But it also offers two offline payment solutions. Due to the unique features, this payment method is suitable for your needs if you want to transfer your funds by either visiting a Western Union centre or filling in the standard forms or getting served via mobile phone.
eCheck functions the same way paper checks do. The only difference, as the name suggests, is that e-Checks are electronic.
Some casinos accept cryptocurrency as a means of payment. Most of them use Bitcoin. This digital currency was introduced in 2011, and you can use it to buy a wide variety of items online almost anonymously. Ethereum is another cryptocurrency that is gaining popularity in the online casino industry. Like Bitcoin, you can convert it into your local currency through the crypto peer-to-peer marketplace if you choose.
Are you trying hard to look for online casinos that accept your payment methods? You don’t have to struggle. Many online casinos are always happy to accommodate the diverse needs of their players. Once you have selected the payment method that suits your needs, you can go through the list of instant payout casinos. Partner with one that accepts your preferred payment methods.