Most online casinos offer a wide range of payment methods for you to choose from. If you don’t have experience with online casino banking, it can be difficult to choose a payment option that will be best for you to use. There are a number of aspects that you will need to take into account when choosing a payment method to use.
Certain payment methods are only available to players who are resident in specific countries. In countries such as the US there are strict laws against transferring funds for the purposes of online gambling. This creates many restrictions in terms of choosing a payment method. Other payment methods may be available for use in one specific country only. Before you begin looking for a payment method, it is important to understand the legality of online gambling for you and how these laws pertain to making deposits into an online casino account.
Available Banking Options
You will be limited by the payment methods that are available at the casino you choose to play at. Some casinos offer a handful of payment methods, while others offer a huge range. Most online casinos will offer payment methods in the categories of credit cards, e-wallets, pre-paid cards, instant banking and bank transfers. It is important to choose the method that is most convenient to you and the one that will provide you with the greatest ease-of-use. Once you have chosen the type of method you would like to use, you can then look at the specific options that are available.
Safety and Security
You must make sure that not only the casino offers security measures, but that the payment method that you select has safety and security measures as well. This may be in the form of a verification process such as with credit cards. Third party accounts when you use e-wallets or pre-paid cards also offer a high level of security as you don’t have to share financial information with the casino.
Many online casinos offer special bonuses for use on specific bonus methods. These bonuses are known as alternative payment method bonuses. If you make a deposit using the casinos preferred payment method, you will be offered a bonus that is typically 10% or 15% of your deposit. These are attractive bonuses and may help you to decide on a specific payment method when there are a number that would otherwise suit you.