How to choose a payment method for online gambling?

payment methods for online gambling

Online casinos provide many distinctive options for payment, and here at ZimplerCasinos we are more than ready to help you find out which ones are the best. It can be confusing as some payment methods you are able to use for deposits and not for withdraws, so pay attention to this when you choose your online casino for gambling.

In this article we will talk about the different types of casino payment methods, and what to look out for when choosing a method. We look into costs, safety and efficiency of the transactions to and from online casinos.

Deposit with a Pay n Play Method or a Verified Sign Up

The rising popularity of Pay n Play casinos is visible in the online casino world. Payment methods like Trustly and Zimpler Go deliver instant payments. Besides the instant payments you are already verified by your bank or intermediary, which means you can sign up at an online casino without verifying your documents.

If you are choosing to deposit with payment methods like bank transfer, PaysafeCard, credit card etc. you will have to go through the process of verification. After your documents have been approved, you are able to withdraw with your method. Instant banking delivers your withdrawals directly and within 24 hours whereas slower withdrawal methods can take between 1 – 5 business days.

What to pay attention to when choosing a payment method

Below you find the key points that you should pay attention to when it comes to online casinos and your exploration of your most suitable payment method.

  • Trustworthiness – You want to choose a trustworthy payment method and our experts only choose the most secure and safe ones.
  • Deposit and withdrawal limits – What is the minimum and maximum deposit and withdrawals that are possible. This is important to know before you play at your favourite online casino.
  • Transaction fees – What are the costs involved with the casino transactions? Does the online casino charge fees or do your payment methods require you to pay a small percentage.
  • Casino bonuses – What is the casino bonus you can activate with your deposit method? Very often in a Pay n Play casino there is a smaller chance of casino bonus offers. Make sure to read into the bonus opportunities before signing up in a top online casino.

Our Top 5 Payment methods

To help you distinguish the best payment methods, our experts have gathered the top 5 casino payments. We looked at the speed, the security, the efficiency, the customer helpdesk and the transaction fees when choosing the best casino payments.

Trustly – fastest payment method

trustly

Zimpler – most reliable payment method

zimpler

Credit Cards (VISA & MasterCard) – most offered payment method

credit cards

Skrill – best E-wallet method

skrill

Cryptocurrency – New and fast upcoming payment method

crypto

Summary

We hope this article clarifies more on how to choose the right payment method for you for online gambling. We recommend you to choose an online casino which has a MGA licence, so you can be sure the payment methods used are safe, secure and fast.

Last Updated on May 5, 2022 by Oliver Wilson