Deposit methods vary between online casinos. All methods are listed for each casino so that you can see how to add money to your online casino account and start to gamble. Usually online casinos have more deposit methods than withdrawal methods. Make sure you check out the time it takes for funds deposited to be added to your account.
With the way that modern technology is changing the landscape for making money transactions, online casinos have to be receptive to this. Many of them are now accepting different forms of cryptocurrency, which is also changing at a rapid pace. Now, many are using Ethereum, which is done via a currency contract. It is undoubtedly a relatively new concept but has gained acceptance for online payments, because it tends to have more benefits for users, including the online casinos, as well as the players who want to play for money. It is also becoming more popular, so more casinos are beginning to accept it.
Paypal is one of the giants in online money transfer business and became the first known worldwide brand connected to the development of the internet evolution. Paypal was founded in December 1998 by 5 founders. Today two or at least one of them are also known worldwide, Peter Thiel and Elon Musk. Musk who later founded Tesla. Initially Paypal was offering security software for handheld devices but then the year after it was founded started to offer a money transfer service.
Mastercard is probably the second most famous credit card company in the world after VISA. Its history started in 1966 when a group of banks, mainly cailfornian banks, created the interbank card association. In 1979 it changed its name to what it is today, Mastercard. It is today traded on the New York Stock Exchange.
In simple words, Skrill is an online payment gateway that works like an e-wallet service to transfer funds internationally or domestically. It is said to be the nearest competitor of the other popular online payment gateway ‘PayPal.’ You can easily manage your funds with Skrill, as it renders safe deposits and withdrawals. The users can access and transfer their balance 24x7 globally through the Skrill app. The app is available on the Google Play Store and the Apple App Store for Android and iOS devices.
Skrill offers advanced online payment gateway features that are provided by other e-wallet platforms. Moreover, direct traffic is almost 49.66% on this platform, and the search traffic is 27.09%. The excellent benefit of Skrill is it provides innovative solutions and offers various other marketing facilities too. It has won various prestigious awards like EGP B2B Award, Deloitte Technology Fast 50 Award, and many more. The platform makes payment solutions easier for you by offering advanced payment products.
You can get the Skrill prepaid debit card that is issued by the MasterCard. With this card, you can make in-store purchases that are free of charge. But, you need to pay a fee of €10 yearly. This shows it is cheap to withdraw money through Skrill. There are more than 100 local payment methods like digital wallets, prepaid cards, payment gateway, PSP, shopping carts, and instant bank transfers to manage almost 40 currencies to handle the cross-border payments. Skrill supports bank transfers from more than 3000 banks globally. It also offers single touch 1-Tap payment for the users. You need not worry as Skrill payment products are PCI Compliant.
Skrill was founded in 2001, and it was firstly owned and operated by Skrill Limited. It was previously registered as ‘Money Service Business’ with the ‘Her Majesty’s Revenue and Customs.’ Moreover, it was regulated by the Financial Conduct Authority and was licensed to be operated within the European Economic Area.
It is headquartered in London, UK. The company has more than 500 employees, with almost 40 million active users globally. It supports 40 different currencies, and transactions can be done in almost 200 countries. Skrill’s present CEO is Lorenzo Pellegrino. Originally, the company started as ‘Moneybookers,’ but it has belonged to the Paysafe Group since 2015. Back in 2018, the company also allowed its customers to buy cryptocurrencies using their fiat currencies' balance.
Skrill's Prepaid card can be used in any of the four currencies like Euro, US Dollar, PLN, and GBP. The high-turnover customers can use a premium membership plan known as ‘Skrill VIP.’ It consists of multi-currency accounts, security token, and loyalty points too. Skrill not only allows people to make business-related payments, but one can also make deposits and withdrawals through Skrill in their online casino accounts. If you choose to send money from Skrill to their bank account, it’s free, and receiving money is also free of charge. Skrill is not only one of the sophisticated platforms, but it charges lower fees too. The number of merchants on this platform is almost 120,000 worldwide, and it can be easily used with the Facebook and eBay platforms. Skrill's two main markets offer payment gateway services are forex brokers and the online gambling industry.
American Express is one of the most famous financial services institutions in the world. The companys most famous service or product is their card service the Amex. American Express has its root all the way back in 1850 when it was founded by Henry Wells William G. Fargo and John Warren Butterfield. Their business at the time was express mail. Its presence and business was so strong it enjoyed a monopoly position for years.
VISA is the most famous credit card in the world and the biggest except for China. VISA has 323 million cardholders. It has a 50% market share outside of China. VISA is actually not a credit card even though many say VISA card. It is a global funds transfer network and a brand that companies can get powered by. Companies like banks but also many others like airlines or grocery shops can provide VISA powered cards to their customers that can be used all over the world.
Some deposit methods have been used by online casinos for a very long time. One of these is Neteller. This is a process which consists of being able to transfer money electronically by using Neteller as the third party for the transaction. Most of the casinos will offer this because it has been one of the deposit methods for casinos for many years. As a result, a lot of clients who have used online casinos for years opted to use Neteller as their deposit option. At one time, they were the most prominent provider for depositing at online casinos.
If you want to see the most common and used payment methods you can also take a look at our payment options section. Credit cards and debit cards usually add money to your account instantly, same for prepaid cards and e-wallets. Bank transfers and wire transfers usually take longer, sometimes very long. Find the best way for you.
The most popular payment and withdrawal methods for online casino are the following:
Which of the above payment methods that are the most popular varies in popularity depending on what country you are depositing from. In some markets there are also local payment operators which are popular in certain regions. A few examples of that would be InterAC in Canada, Trustly in Sweden and Germany, VCreditos in Brazil, Yandex Money in Russia and WeChat Pay in China.
The process of depositing money in an online casino is different for different online casinos. In general there are two ways that stand out.
Skrill Neteller Moneybookers
You can read more about all these deposit methods for online casino here
Visa Mastercard American Express Diners
If your online casino of choice has logotypes from one of the respected card providers like Visa, Mastercard, American Express, Diners or Maestro there is a good chance you will be able to deposit money directly from your card into your online casino account. Depositing money directly by card is always the quickest way of depositing money with an online casino but might sometimes not work as expected. In that case please try another payment method instead.
CasinoRank is not a professional reviewer of international payment providers and therefore we can't answer that question with great confidence. What we do know is that Skrill, Neteller and MoneyBookers are highly respected and seem to work great for a lot of players.
There are many gamblers asking questions about depositing money to online casinos with PayPal. Many seem to encounter similar problems. PayPal has several affiliated casinos on regional markets like Italy, but in general PayPal does not accepts deposits to online casinos. If you want to deposit money to an online casino our advice would be to go through another payment provider like Skrill, Moneybookers, Trustly and Neteller. Many casinos also have several regional payment providers to choose from.