A tutorial on secure online casino payments


Quick and secure. These are two highly sought-after words in much of human activity online. Online gambling and casino payments are one area where these attributes are highly sought after as well! Which have the quickest turnaround, and which are easy to use without sacrificing safety? Read on to learn the best, tested ones!

Comparison of favorite payments

Later on, after one minute, we will speak about some of the work systems for bettors from all around the globe. They enable you to make safe casino deposits even for a little amount! You're not supposed to be a millionaire to get started. You can just choose something to spend a casino deposit of USD 5 and you can start playing with real money! It's a great option for newcomers, and you can activate the welcome bonus while doing so! All you'll need is payments verified that are on hand. Here are some suggestions.

Bank transfers - safe but slow?

As recently as] statistics from the Przelewy24 portal indicate, it was top transfers of the standard variety. Recent years have witnessed some variation. New options have emerged and chances are that you know a few of them! Still, this option is still among the favorites for most people due to the following reasons:

  • They can be easily found anywhere
  • Banks offer their own security features, such as two-factor authentication or encrypting the transaction
  • Both withdrawals and deposits are possible with their help

One of the negative aspects is the times for withdrawing. Here, the transfers fall far behind the competition.

Digital wallets - a fast and convenient intermediary?

You'll be familiar with the likes of PayPal, Revolut, Skrill or Neteller, won't you? They're all e-wallets. What are they actually? Simply put, they're money programs which can be topped up and paid out from instead of a bank account or card.

They are ideal as an intermediary for withdrawal and payment, but without the linkage of a private account. Couple of other benefits:

  • You are able to top them up in dozens of ways
  • They provide quick withdrawal from casinos
  • They have the same security features as banks

What are the disadvantages, then? Two biggies you need to know. First, the commissions. See beforehand you select an e-wallet what any transaction will cost you. Second, acceptance at casinos. The ones I described are a couple of the more common choices, but you can't expect to be able to pay everywhere with them as you can with a bank transfer.

Prepaid cards - anonymous and extremely secure

Most popular on the market is the PaysafeCard. You can buy it at almost every ground point and on the web. It has a settled balance and by it you can deposit money into your casino account by entering the respective code from the card. The biggest advantages are:

  • Security - no linking to your personal account when depositing
  • Anonymity - the payment does not disclose any information about you
  • Budget control - the card has a preset balance.

The cons are, first of all, that you cannot withdraw from the casino. Here you will have to use another tactic. In addition, the card will not be the best choice if you play for high stakes. Most of them contain a maximum balance of some hundred of gold. There are cards which you can buy and refill, but then e-wallets seem to be the better option.

Cryptocurrencies - the technology of the future?

Decentralized payments based on blockchain technology had its heyday a few years back and has reached a standstill to some extent. That does not change, though, the fact that it has established itself firmly as an alternative payment system. It looks like it is going to be a reliable system one day, as there are no dearth of state governments who are buying Bitcoin as part of an economic strategy. The advantages are:

  • Total anonymity
  • Instant transfer of funds
  • Available in all casinos? 
  • Low currency conversion cost

The downsides? On top of all this, the volatile exchange rate of the currency. Prices change daily and on a larger scale the variance can be extremely large. In December], 1 Bitcoin was priced just below $170,000. Next year it is just below 400 thousand.

In contrast to the earlier options, there is a degree of skill here. Creating a crypto wallet and making transactions is not some great art, but if you never did it, you will take some time to adapt