The essence of the online casino industry relies on gambling for real money, and that’s the premise that operators and players rely on when entering the joint venture. Of course, depositing, online gaming, and claiming bonuses would be impossible without safe, secure, and reliable payment systems, regardless of if you’re a high roller or a recreational gamer who’d like to turn their $10 a couple of times to hit the pot. Players can use it in top 10 dollar deposit casinos to fund their bankrolls, claim a bonus, and start playing any offered game. With that in mind, we bring you some of the most popular payment options in casinos accepting affordable deposits.
PaysafeCard is a prepaid online payment method that uses vouchers and PIN codes for funding a casino wallet, among other merchants and trades. You can purchase the voucher at millions of retail stores worldwide and connect it with the casino balance to start playing. Paysafecard doesn’t require users to reveal personal records, so every payment you make is between you and the casino operator. Vouchers come in different denominations, and there’s no need to spend the entire amount on a single transaction, so you can invest as low as $10 and come back later to pay more.
Thanks to its flexibility and understanding of the needs and ambitions of modern gamblers, Paysafecard allows deposits much smaller than other payment processors, bank transfers, for example. At the same time, they have equal chances to hit the main prize since even progressive jackpots rarely require maximum betting before you can hit them.
Based on online banking, Interac is a Canadian-preferred e-Transfer solution for payments of various goods and services. Interac promises instant transactions, but in some cases, it may take up to 30 minutes for cash to appear on your bankroll. The slight delay doesn’t depend on the Interac system itself but on your respective bank or credit union.
Real-time online payments have several competitive advantages. First, you won’t pay any authentication costs since your respective financial institutions will do that in your stead. Then, compared to other methods, Interac proud itself on low fees, no hidden caveats, and transparent pricing. Finally, Interac won’t store your private data and has no chargebacks.
Formerly Moneybookers and now part of the Paysafe conglomerate, Skrill is one of the most popular and safest online payment systems you can currently find in online casinos. Essentially, it works like many other digital wallets, such as PayPal, but with a user-friendly advantage: customers can order a Skrill MasterCard and use those prepaid cards at landline merchants and ATMs. Therefore, you can win by playing video games with minimum deposits of $5 or $10 and transfer your winnings to the prepaid card later to be used for anything you want.
All you need to do to transfer funds from Skrill to an online casino is to connect to your account, enter your username and password and decide on the amount you’d like to transfer. After that, the speed of your internet connection is the only thing on which the payment speed depends, so all that is left is to start placing your bets.
Millions of customers use Neteller to send and receive funds instantly in over 200 countries and to shop cheaply on thousands of websites. They have instant access to their funds at millions of retail outlets, ATMs, and online locations, as well as many online and offline withdrawals and payment systems.
The Neteller e-wallet supports peer-to-peer transfers with fees for domestic and international transfers. Accordingly, Neteller is quickly becoming a popular service for depositing and withdrawing from online casinos and sending cash to friends. Thanks to the dedicated app, you can use it on any modern mobile phone.
Visa appears like a connection between all other mentioned payment systems – you can fund a PayPal wallet using it, buy any cryptocurrency at an external market, or use your credit card to purchase at other merchants and terminals. Even though some pundits called it outdated, its multiverse of usability proved otherwise. Of course, using Visa on a mobile device is unquestionable, especially since Google and Apple implemented it in their services.
Among other advantages, you can use Visa debit cards to withdraw cash, pay for goods and services in the country and abroad, and for safe online shopping. Playing at casinos is implied, just like safe transfers in and out of your bank account.
MasterCard is another popular and widespread method of casino payments, and you can hardly find a brand that doesn’t accept it. According to recent research, MasterCard is a preferred withdrawal system since all winnings appear on the card immediately after a transfer is initialised.
The history of this service provider speaks for itself. MasterCard has been around for decades as a safe payment solution offline and online. Depending on your current bank package, MasterCard allows payment in instalments with an attractive fee, which means you can fund the bankroll with the maximum possible amount, scoop the big win, transfer it to your credit cards, and still profit in casinos.
Apple is the newest resource provider that has recently started to combine its products with the latest online casino payment technology. The premise they built the empire is simple – to create high-end multi-purpose solutions where a single gadget can be used for all your needs in a rapidly changing world. Accordingly, Apple allows all iPhone, iPad, and iWatch users to make payments with a single tap.
From the moment the bank issuing the Mastercard or VISA card enables this service to its users, the Apple device becomes a wallet, which is very easy to set up. Every payment is encrypted since identification is made via Face ID, Touch ID or device password, and a one-time dynamic security code.
The Future of Gambling Payment Methods
The online gambling industry rapidly moves forward, keeping pace with all technology trends, including newly developed payment systems. While gamblers from a few decades ago only had a chance to fund the bankroll via slow and complicated wire banking, modern gaming cabinets allow e-wallets, vouchers, and cryptocurrencies. The latter represents the future of online gambling sites, and Canadian players increasingly benefit from blockchain technology. In the future, we will see Bitcoin as a dominant cryptocurrency followed by Ethereum, Litecoin, Ripple, and others as a preferred and safe payment option in online casinos.
Having reliable and encrypted casino payment methods differs top brands from shady and rogue casino sites. Combined with promotional offers and themed bonuses, an opportunity to gamble at low stakes will attract new players to join and play games using their favourite cards, vouchers, or currencies based on upcoming solutions based on blockchain.