Bank On it: Popular Payment Options for UK online casino players
Millions of Brits have an account with an online casino.
That’s hardly surprisingly, considering the best sites provide over 500 superb games ready to play on all desktop, mobile and tablet devices. These include video slots designed with the latest 3D graphics and bonus features, like Starburst and Hotline, as well as virtual editions of popular table games, such as blackjack, roulette, baccarat and poker.
What’s more, the online casino market is incredibly competitive right now, so there are lots of very generous promotional bonuses waiting to be snapped up. Take powerspins.com, for example. You can get up to 50 Power Spins Free Spins just for signing up and making a deposit. These can be used to try a selection of their best slot games, including the popular Joker Pro, and all come with no hidden wagering requirements.
But one of the most important things to consider before you start gambling online with your hard-earned cash, is how you’ll be withdrawing and depositing money to your casino account. It’s important to find a casino with a good range of payment options, so you can select a banking option that’s safe, secure and just right for you.
Credit cards are one of the most trusted and popular payment options with players, allowing you to quickly and easily make a deposit. If you don’t want to use credit to fund your gambling, debit cards are equally easy and safe to use.
All major cards, such as MasterCard, Maestro and Visa, are accepted by most online casinos. There are usually no additional charges for using this banking option. Plus, you can trust your bank’s security measures and top SSL encryption to keep your online transactions safe.
If you’re hesitant to have your card details saved at an online casino, you could use an e-wallet. Paypal, Neteller and Skrill are popular choices, and allow you to deposit money into a digital fund that you can attach to your casino account.
One of the major perks of this type of banking method is the speed of transactions. If you try to withdraw what you win from your casino account through a bank transfer, this will typically take up to 5 working days. Withdrawals through e-wallets are credited instantly.
It’s important to note before using an e-wallet, however, some deposit bonuses offered by casinos will not credit when you use these transaction methods. Also, there are often additional charges for using e-wallet services.
Pay by Mobile
Many casinos offer pay by phone banking options, such as Boku. Essentially, these channels allow you to use your mobile like a debit card. Pay-as-you-go customers will have the cost of deposits deducted from their current credit balance, whilst pay monthly customers will have the cost added to their next monthly bill. It’s available to those on all major networks, including Vodafone, 02, Three and EE.
If you value your privacy, this is the banking choice for you. The casino does not need any of your bank details; all they need is your mobile phone number. Payments on your statement will appear the same as any call or SMS message charge, rather than appearing as a deposit to an online casino.
It’s an incredibly safe option too. Every deposit you make at the casino will not be processed until you’ve verified the transaction via SMS. If you ignore this SMS message, no money will be taken from you. And all the transactions you do approve are regulated by Payforit, a government-led scheme that controls transactions between your network operator and casino.