Most popular payment methods in gambling
Payments are essential in the gambling industry. Online casinos offer a variety of payment methods. Below is an overview of five popular payment options.
Most popular payment methods in gambling are credit and debit cards. UK Gambling Commission banned credit cards from UK-licensed casinos. Players can find credit card casinos via NonGamStopSlots. They can also continue to gamble with their favourite debit card.
Prepaid cards are available for deposits only. Players can buy them offline in grocery stores, gas stations, and other outlets or online via the respective websites. Paysafecard and AstroPay Card are popular deposit options among players seeking privacy and anonymity.
Most popular payment method in gambling is Bitcoin. Many eCommerce sites and ventures accept Bitcoin payments. Players choose cryptocurrencies over credit cards because of the offered advantages. Cryptocurrencies are secure and accommodate higher banking limits. They are also hard to track and require no banking info.
Wire transfers are a payment method that facilitates the electronic transfer of funds from one entity to another. They are popular casino payment options. Wire transfers offer security, huge banking limits, instant deposits and fraud protection. However, they are known for slow withdrawals that take up to five days.
EWallets are popular banking options across casinos in the UK and offshore. Skrill and Neteller are the most popular payment methods in gambling. Other examples of eWallets include ecoPayz, Trustly, Apple Pay, WebMoney, Much Better, Zimpler, Interac and many more.
There are hundreds of payment methods available for online casino players. It is essential to review each option before using it.