Payment Methods in Online Casinos
As a rule, online casinos offer a range of payment methods. Credit cards, prepaid cards, debit cards and eWallets. It is made as easy as possible for players to access games. In the following we show you which payment methods are best suited to playing in casinos, paying particular attention to the protection of your personal data.
Credit cards are surely one of the main methods of payments for both online casinos and in internet business as a whole. Depending on the casino, not all credit cards are accepted. However, with a Visa or MasterCard, almost all online casinos of the world have the option to make or receive payments. There is no intrinsic disadvantage in using a credit card. If incorrect charges are levied, the charges can be reversed at any time, on the condition of you noticing of course. Then at the latest it is the responsibility of the contracting partner, in this case the casino, to show you have authorized particular transactions. The only disadvantage of this method is that you directly present your details to the contracting partner.
Fundamentally, debit cards are the opposite of credit cards. In this latter, you are present with a sum to target paying. With debit cards you pay in the moment where you enter into the transaction. You surely consider this a disadvantage. However, this does not have to be so. With debit cards, you have more control over your cash-free transactions. For one thing the overdraft limits of debit cards are lower and as such you naturally treat your money in more responsible fashion. When receiving payments, your money is of course directly credited to your online account.
Prepaid cards can be purchased in supermarkets, garages, newsagents or online. Well-known providers are Paysafe or Ukash. Using one is extremely easy. Upon buying a prepaid card you receive a code by which you can credit your account when in an online casino. With a Paysafe card, you can pay up to €500 in credit, with Ukash up to €100. After paying in you play with the credit paid onto the card in advance. However, payments cannot be made to a prepaid card. For this you need an alternative method such as a bank account. Despite this, this payment method numbers amongst the most secure. Using it is of course a little trickier than other methods of payment.
If none of the payment methods is right for you, then eWallets offer an alternative for online transactions. In their usage, eWallets combine all the advantages of other methods with none of their disadvantages. PayPal, Neteller and Skrill are accepted in nearly all online casinos. They work as following: First of all you register with a provider. Your email and password, which you later provide to all operators, are later used to effect all transactions. You then pay money to your eWallet or occasion a payment from one of your online partners. From now on, you can use your electronic wallet with all accepted partners. For you, that means complete cost control; you always work with existing credit and can be certain that none of your bank or credit card details go to casinos. And you can also, for example, order a MasterCard via Neteller which is accepted at countless businesses worldwide. Furthermore, further money transfers are possible to other people via this method. Using this payment method is particularly recommended by somewhat unknown or non-renowned online casinos. In order to help you choose the right casino, we have compared and objectively assessed casinos which are already serious operators.