Payment Method basics

To retrieve their winnings from their online casino accounts, players will ask for the funds to be withdrawn from the cashier section of the account and start the withdrawal process. The time and features of payout methods vary from method to method, and it's worth searching for a withdrawal method that works for you. It's important to remember that not all deposit methods allow you to use that same method to withdraw your funds. If that is an important factor for you, bear it in mind when you choose your deposit method. A good example of methods that allow both depositing and withdrawing funds using the same method includes a Visa credit card, Skrill (previously Moneybookers) and Neteller. Check out online casinos that offer a wide variety of withdrawal methods and you will be more likely to find one that suits your needs. Also, make sure that you are able to withdraw funds in your own currency so that you avoid hefty international conversion fees. Good casinos will support multiple ways to withdraw your winnings, including credit cards, Instadebit, Click2Pay and wire transfer, and they'll also make sure that the withdrawal methods offered are safe, convenient and secure.

How to decide on a payment method

Though many different gaming payment methods exist, there are some general rules that can be applied to all various payment methods. First and foremost, you should ensure that the payment method is completely secure, and ensures your full privacy. Gamers should also verify that processing time is kept to a minimum, and if there are any costs or chargers for engaging in this method. When shopping for a method you should check if the one of choice works for both depositing, as well as withdrawing money. Though there is nothing wrong with a method that only allows you to make deposits, it will save you the time of searching for a withdrawal method when the time comes.

Through use of these above tips you will already be able to narrow down many various payment methods, so you are given the best possible withdrawal and deposit services. With every payment method, it is important to ensure that you are being protected, and that you understand completely what their services entail. All payment methods do require usage fees.

Different venues for payment

There are many different venues that may be used for payments. The venues can be classified to the following methods credit cards (most major ones, such as MasterCard or Visa are accepted), debit cards, a direct or wire transfer from your bank, or a payment system provider.

Payment system providers are the most foreign means of money transfer to most players. There are alternative payment system providers, some unique to specific gaming sites. A frequently used payment method in the gaming world is Neteller. Gamers everywhere use Neteller, and despite a requirement to give some personal information, the account is one hundred percent secure, safe and reliable. Payment system providers are usually a favorite method for consumers due to their flexibility, and the special bonuses offered by casinos.

Some casinos offer what they call, an “alternative deposit bonus” meaning you get a sum of money from the casino for choosing a specific payment method to deposit money into your online casino account. While an alternative deposit bonus alone isn’t enough to make users chose it (you should still make sure it is secure, etc.), if every other method is about equal for you, than this is an option that is definitely worth considering. Casinos most frequently offer alternative deposit bonuses when using the payment system provider method of payment.