Online Payment Methods

Online payment methods

If you want to buy credit at an EU casino, you use an online payment method. There are a large number of online payment methods that you can choose from. So there are many different ways to buy credits at an online casino. Below we will describe different payment methods, so that you can make a good choice when you make a deposit at an online casino. You can actually distinguish these payment methods into 4 categories: direct transfer, online wallet, prepaid card and crypto currency. Read on to learn about these ways to deposit money at a casino.

Visa Mastercard

Credit Card

The credit card is indispensable for online merchants who regularly make purchases abroad, for example in America. Especially in America, the credit card is still one of the most popular payment methods. The advantage of a credit card is that this payment method is accepted worldwide. So if you come across an online casino that does not support your other favorite payment method, the credit card will certainly be listed as supported payment methods. However, what you should pay attention to when using a credit card, you are in fact taking out a personal loan with the bank. It is wise not to use a credit card if you do not have the money. You will eventually have to pay off the debt. The most popular credit cards in Europe are the Visa and Mastercard. If you make a payment in an online casino with a credit card, you must enter the following information: credit card number, initial, last name, expiration date and CCV code. The CCV is a secret code that often consists of three digits and can be found on the back of the credit card.

Paysafecard

Paysafecard

The Paysafecard is an online payment method in the form of a prepaid card. The Paysafecard contains 16 numbers, when you enter these numbers in the payment screen of the online casino you can redeem this value. The Paysafecard has been in circulation since 2000 and arose from the need to make anonymous payments via the internet. There is no intervention from a bank and you do not have to leave any personal information. Paysafecard is accepted as a payment method at many online casinos. This prepaid card is available in 40 countries. In Europe you can purchase the Paysafecard at tobacconists, supermarkets and gas stations. Previously there was a competitor called Wallie and in the UK Ukash. However, both competitors have been acquired by Paysafecard. In 2013, this brand was subsequently taken over by Skrill and has thus become part of the Paysafe Group. Below we will take a closer look at the online payment method Skrill. Discover the overview with reliable Paysafecard casinos.

Skrill

Skrill

Skrill was also known as Moneybookers in the past. You can actually think of Skrill as a kind of online wallet. You create an account with Skrill, and deposit money from your bank account into your personal Skrill account. You can also transfer money back to your bank account from this account. The advantage of Skrill is that it is a worldwide accepted payment method. A nice advantage of this payment method is the VIP loyalty program called Knect. This allows you to save loyalty points, which you can then exchange for vouchers. Skrill is a very safe way to buy credit at an online casino. Data is encrypted using the latest security methods. In addition, you have the option of customer supportg Available 24/7 if you run into any problems.

Paypal

Paypal

Paypal is also known to many people as the company that Elon Musk once founded and successfully sold. Paypal does, however, have a special relationship with online gambling. When Paypal was founded in 1999, it was the first digital wallet and online payment method. Soon the first online casinos came and Paypal was the most used method to deposit money at an online casino. However, soon came the Internet Gambling Prohibition Act. In most states of America it was and is still prohibited from that moment to participate in online games of chance. Paypal voluntarily decided in 2003 to no longer facilitate payment traffic between online casinos and their customers. However, in 2010, Paypal changed its mind and now only facilitates payment traffic in countries where online games of chance are legal.

Neteller

Neteller

Neteller has been around since the year 2000, more than three quarters of the customer base in that period still consisted of online casinos. 95% of Neteller’s revenue came from handling payment transactions for the online gambling sector. At the moment, Neteller is still an online wallet that is used with some regularity to deposit money at a casino. Neteller also has a Net+ card, with which you can withdraw cash from your online wallet at a bank. Since 2015, Neteller has also been part of the Paysafe Group, just like Skrill and Paysafecard.

Bitcoin

Bitcoin

The Bitcoin can also be used as a means of payment at online casinos, there are even real Bitcoin casinos. The disadvantage of paying via Bitcoin is that the value fluctuates so much, so it is just that you are actually very expensive if you deposit money into your casino account. In addition to Bitcoin, there are also many other crypto currencies that you can play with in an online casino such as Litecoin and Ethreum. You can of course start mining Bitcoins yourself, but for that you need a lot of patience and a super fast computer. It is easier to purchase Bitcoins, Litecoins and Ethreum with many payment methods at a crypto currency exchange office on the internet. An advantage of Bitcoin is the low cost per transaction and high degree of security of this digital currency.

Trustly

Trustly

You can think of Trustly as a digital wallet similar to Neteller, Paypal and Skrill. As soon as you have created an account with Trustly, you can purchase credit with multiple online payment methods. You can then purchase credit from your Trustly account at, for example, an online casino. This is of course ideal if, for example, your favorite payment method is not supported at the casino where you want to play. Trustly is originally a Swedish company and has been in existence since 2008. This online payment method is widely used worldwide, including in the online gambling industry. Trustly uses that slogan Pay N Play. With this they indicate that they strive for the shortest possible moment of registration, and no waiting times if you want to pay out money at a casino provider. It is even possible to play in an online casino without registration with Pay N Play from Trustly.

By Filip Mishevski

As a person that has been involved in the gambling industry for over 5 years, Filip knows all the tricks and trades of online casinos and casino games. He’s here to provide you with the best content and help you have a fun gaming experience. His specialities include online slots, gambling regulations, casino game strategies, bonuses and promotions and much more.