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Understanding the Different Types of Online iGaming Payment Methods

For avid gamblers, it is crucial to find an appealing online casino and reliable payment options. Particularly for those who want to shift from land-based casinos to online ones. Generally, players are likely to choose an online casino that offers quick, easy, and secure means for both deposit and withdrawal.

Different platforms facilitate casino transactions which makes it even harder for players to choose the most suitable one for their needs. It becomes increasingly difficult as casinos may vary their acceptable options based on their location. Casinospesialisten.net explores the various methods accepted in Norwegian casinos. Below are some of the casino payment options you should know about.

Online Casino Banking

Although online banking was viewed as a complex process earlier on, it is the best-trusted mode of money transfer today. In retrospect, the safety is because of the improvements within established money transfer corporations. With its quick and easy transfer feature, online casino options are now viable opportunities for users. The method is accessible even from a user’s home since they do not have to go to the bank and stand in long queues to transfer money to a preferred casino online.

Among the most widely accepted online banking methods include debit/credit cards. Firms offering such cards include American Express, Mastercard, and Visa Electron. E-wallets are also an open alternative with a variety including Skrill, Neteller, and PayPal. However, there might be other payment options that could suit your online casino experience. They include options that only allow users to transfer their funds using a specific currency. 

Debit and Credit Card 

Transferring funds to a particular online casino of choice could not be easier with a debit or credit card. With several card companies that have proven themselves to be secure with time, being a user, you could have a stress-free time. These cards include American Express, MasterCard, and Visa. You will only be needed to navigate the options to the correct payment page with any of these cards. Fill out all necessary details while being keen because the specifications might change from country to country. Here are some of the trusted debit/ credit cards widely accepted by online casinos:

  • American Express – A top-shelf credit card, the card company maintains its standards as a trusted online payment platform. The card is however not offered by all online casinos on the internet. The restriction is because of the strict legislation enforced on online gambling across America.
  • Mastercard – This credit organization is a significant competitor for Visa in the credit card sector. To capture a large market share, the company ensures that its payment method is acceptable by many casino sites. The card continues to offer reliable and acceptable options within most online casinos.
  • Visa – The card’s developers were pioneers of the digital cards credit and debit era. The card offers its users a variety of options to make purchases online. Visa maintains its position as the most successful and largest payment method globally. As a Visa user, you could benefit from being accepted by almost all online casinos. In hindsight, this means that with a Visa card you are more unlikely to get declined. This card might be for you to make withdrawals and deposits from casinos online.

E-Wallet

Digitization of payment methods has made it easier for players to use e-wallets as a viable option. Notably, e-wallets allow you to create a user account where you can conveniently and safely store your card details. As such, players with multiple cards can save their card details through the digital banking method. You can use the information on a certain card to make payments once you choose the e-wallet option. Below are some of the popular e-wallets used by online casino players.

  • Neteller: For several years, Neteller has been linked to handling fees in poker rooms, sportsbooks, and online casinos. The international online payment method managed nearly 80% of the cash transactions in the online gambling world. This led to the diversification of the company from the United States to the British Isles. Neteller has partnered with MasterCard to get prepaid cards for its users. The company has managed to consolidate its presence all over the internet.
  • Skrill: During its launch in 2001, Skrill was known as Moneybookers. With time, it has emerged as the lead competitor to online payment method, Neteller. Skrill is among the most secure digital payment service available online. Other advantages linked to Skrill include data safety, immediate access to funds, and customer support. Additionally, Skrill accepts currencies in 200 countries. That allows users to make online transactions using their currency.
  • PayPalThis is arguably one of the most widely used e-wallets worldwide. Over the years, PayPal has attracted many clients and retained a considerable percentage of them. eBay acquired PayPal in 2002 which contributed to the huge popularity of this e-wallet. Some of the benefits associated with PayPal include free service, secure transactions, fast deposits, mobile app availability, and automatic currency conversion. Though PayPal can be used in many online casinos, other options such as Skrill and Neteller have not been left behind.
  • Ecocard / EcoPayz – Founded in 1999, EcoPayz offer its users several financial services. apart from having the typical offers for any e-wallets givers its users, clients could also withdraw their funds to their prepaid debit section, a card called the ecoCard. The card may then be used to send funds to family, friends, and companies after purchasing their item. 

Final Thoughts

Other than the poker table, you could try your luck and place a football bet. Some football gambling enthusiasts take interest in the recent news across the field since it gives them an edge even as they place their bets. For instance, the Lionel Messi autism headline caught the attention of many fans.

Whether it is in the number of goals or a striker’s results, you may just hit the jackpot and walk away with a considerable amount. You could also choose to place all your odds and aim for the mega jackpot. Whatever your odds are always ensured you transfer your funds through safe and secure means.

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