Casino Site Deposit Options

One of the important aspects of playing at an online casino is the methods you use for depositing funds. After all, it is your funds that will allow you to gamble on the various games and win money. Most of the popular casinos allow you to use multiple banking options. Here are some of these options.

Visa and MasterCard

These two are easily the most popular payment options when it comes to online casinos. In fact, MasterCard which was established in 1966 is easily the most widely accepted credit card in the world. They have become such popular options because most of the players already have these cards in their wallets. So there is no need for them to create a new account. Most of the casinos that accept these cards also accept the debit cards.

After the UIGEA was passed in 2006 in the US, financial institutions could not allow any gambling related transactions. To overcome this problem, you can use the card to fund an e-wallet account which then funds your casino account. Another disadvantage faced while using these cards is that, very few casino offer these cards as a withdrawal option.

American Express

American Express cards are one of the most popular payment options all over the world. They are available in over 130 countries. A lot of top casinos have also adopted Amex cards as a deposit option. One of the most important reasons for Amex cards to be so widely used is that they have a rewards program that is very popular. On every dollar spent, users get reward points that can be used to buy gadgets or earn travel trips.

Even though the card is very popular amongst people, only a limited number of casinos offer it as a deposit option. The reason behind this is that Amex charges a very high merchant fee. This high merchant fee is the reason why they have such an elaborate rewards program. However, casinos are slowly offering this option as a lot of people use these cards.

PayPal

E-wallets are a very popular mode of depositing money, and one such e-wallet is PayPal. PayPal is one of the world's premier e-wallets, having more than 240 million accounts. The main reason for the success of this service is the speed of transaction. To use this service all you have to do is create an account and then link it with your bank account or credit card. You do not have to deposit anything to make the account functional. PayPal sends a micro deposit in your account when you register, and you have to send this money bank to your PayPal account to get the verification. After this, you can use you PayPal account at casinos whenever you want to deposit money.

Even though PayPal is very popular, it is available for gambling transactions in select countries only. Players in the USA, Canada and Australia will not be able to use this service. When you deposit using PayPal, the money will appear instantly in your casino account but will be debited from your bank account I 2-3 working days.

Neteller

Neteller was established in 2009 and has now become one of the leading e-wallets in the industry. Before the UIGEA was passed in 2006, it was doing great business through online casinos. Making an account at Neteller is very easy but make sure that you use the same e-mail id that you will use while making the account at your online casino. After that, you have to fund your account and you can make deposits whenever you want to.

Neteller does not support US players now. Also, while funding your Neteller account through credit cards you will have to pay 1.75% as fee. You can use bank transfers instead, but international bank transfers take about 2-5 working days.

Moneybookers

Moneybookers which has now been named as Skrill is another popular e-wallet. It has more than 15 million customers, is available in over 200 countries and deals in more than 40 currencies. Another advantage that Moneybookers has is that it caters to US and Canadian players as well. It is very easy to create an account at Moneybookers and then fund your e-wallet. Moneybookers provides with various local deposit options that are free of charge. Using a credit card will cost you a fee of 1.9%.

When it comes to depositing money in your casino account, all you need to do is click on the Moneybookers logo and enter your username and password. The transfer will be instantaneous. You can also use it for withdrawing money from most of the casinos.