What Are the Most Used Payment Options for Online Casinos?

It is a fair assessment to say that humans, as a species, have a unique and long history of playing games of all types. From classic ball games in all its various forms to the ancient card and boardgame varieties, playing games has been part of our makeup for millennia. Just as we developed our games, our appetite for spicing things up grew and soon enough betting and wagers would be made on just about anything and everything. Gambling as a pastime, while present throughout history, didn’t really come into its own until about the 17th century with the opening of the first-ever casino in Venice. 

Needless to say, things have moved on quite some ways since the Casino di Venezia first opened its doors in 1638, however, our hunger for betting on games only continued to grow. Today, punters have a far greater range of choice when it comes to scratching that gambling itch, no longer bound by the need to visit brick and mortar establishments, many people these days have turned their attention online for their gaming entertainment. 

Online gambling started back in 1994, and since then we have seen enormous growth in the number of people playing their favorite games this way. The online casino market has been further helped by continued advancements made in mobile technology. With ever-growing numbers of punters choosing to go online, establishments like SkyCity Online Casino, have seen the proverbial writing on the wall and took their operations online. With the proliferation of online casinos, the need to be able to safely and securely transfer and receive funds increased, and today, the choice of payment options is as extensive as the variety of games that are on offer. Take a look.

PayPal

Perhaps the most recognizable e-wallet payment option available, Paypal is a highly trusted choice when it comes to payments online. PayPal is the ‘old lady’ of online transactions and has been servicing our payment needs since 1998. As safe and secure as it is, the negative aspect here is the fees they charge, but they are still well priced in comparison to other providers. The company is still the most widely used payment method for all online transactions and perhaps the most trusted by online users.

Neteller

As one of the most popular e-wallets available in the world, Neteller has been highly praised for its ease of use as a method of payment. Players can move money into accounts immediately and gain from Neteller reward points with each transaction. Many high rollers prefer Neteller as they have substantial transfer limits available, making it simple to deal with big winnings.

Bitcoin

Cryptocurrencies are gaining in popularity, but many online casinos have not yet started offering this option. Bitcoin is probably one of the most famous and best payment options for speed and low fees charged, but if you like playing casino games on different websites, you may find your choices limited. Central governments back currencies like the US Dollar or the Euro, whereas bitcoin has no backer, which is the reason for the slow uptake amongst companies to allow its use.

Skrill

Being a UK company formerly known as Moneybookers, Skrill is one of the most popular payment methods for casinos in the United Kingdom. The system is easy to use, along with 24/7 customer support and allows the use of multiple currencies. For many gamers around the world that want to play games in their own currency, Skrill is the only viable option. 

Visa and Mastercard

Using debit or credit cards to fund online accounts is one of the safest ways to do so. Both Visa and Mastercard have enormous reach, and they also fully guarantee any transactions you make through their system. Both of these card payment methods are available globally and have outstanding customer support. You can also get great bonuses by using your credit card, along with minimal fees charged which helps make these two options by far the most popular method for gamers to fund their online accounts.

Choosing how you fund your online gaming account may be determined by the casino you want to play your games in. If you have an e-wallet as well as a credit card, you will be able to access most of the major providers online. Use live chat or browse through forums to speak to other players and gain insight into what their experience was like and which methods worked best for them. Steer clear of using bank transfers and WU-type services as these methods offer little recourse should you have any issues with the casino paying out. Try a few different transaction methods on a few different online casinos to get the best overall picture on which is the best way for you to fund your accounts and to receive your winnings.

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