Online casino payment methods – all the information you need!

Online casino payment methods play an important part in choosing which brand to choose for your iGaming experiences. The idea is to select a casino that lists the most convenient payment and withdrawal methods that suit your everyday banking. That could be your credit or debit card or a payment method you prefer to use for online banking/casino transactions – whatever you feel comfortable with!

There are also other factors to consider such as how long it takes to top up or withdraw from your casino balance, whether there are any transaction fees, what the minimum/maximum deposit and withdrawal limits are, whether you can withdraw using the same deposit method, and if the casino accepts and allows you to keep a balance as well as play games using your domestic currency or by using cryptocurrency if you want to play ‘Provably Fair’ casino games. In this guide, we focus on all the online casino payment methods that casino players from the Republic of Ireland, the UK, Canada, India, New Zealand, South Africa, and Australia.

Electronic online casino payment methods (e-wallets)

There are quite a few electronic payment brands that operate as online casino payment methods. The idea of electronic payments is to mask your bank details and helps those that prefer not to deposit using their credit/debit card. e-wallet such as Neteller, EcoPayz, and Skrill are globally recognised and offer ‘lightning-fast’ transactions for both deposits and withdrawals. PayPal is another e-wallet available worldwide, however, it is only available to UK players as a casino deposit/withdrawal option. Meanwhile, in Canada, Interac is extremely popular! Though it is not strictly an e-wallet it is a safe way to make deposits and withdrawals from your bank account without revealing your bank details. Plus with all the e-wallet and electronic payment methods mentioned here, you can add two-factor authentication to confirm transactions as an additional layer of security!

e-wallets are great for safe online transactions, but they are not always free to use as most of these services make their money using per-transaction fee, and sometimes do not allow you to claim the casino bonuses. Usually, these costs are when you withdraw, however, if the casino also charges a withdrawal fee, then you may find yourself paying two fees. For example, the casino may charge a 1.5% on a £-€-$ 100 withdrawal which is £-€-$ 1.50 and your e-wallet 5% on the remaining £-€-$ 98.50 for receiving money which is another £-€-$ 4.93 leaving you with £-€-$ 93.57. That said, this is a small price to pay if you want fast transaction speed. e-wallets instantly credit your casino account once the transaction is approved and once pending time is over for withdrawals, more often than not funds will arrive in your e-wallet account immediately.

When you use your e-wallet, you do not need to provide any bank or card details to the casino. Simply click on the amount you want to deposit, click continue or deposit, and the encrypted e-Wallet safe payment gateway will appear. From here, you only need to provide your email and password, and your e-wallet’s secure network will do the rest!

The king of e-wallets—PayPal United Kingdom Only

By far the most used e-wallet globally is PayPal. This is great if you are a United Kingdom citizen, but not so good if you live in Canada, South Africa, Australia, India, New Zealand, or the Republic of Ireland because PayPal’s T&Cs will not allow you to fund online gambling from these jurisdictions because none of these countries has a domestic casino licence. For online casino players in the or Republic of Ireland, watch this space as there is a new domestic licence due in the summer of 2021!

Now you understand where you can use PayPal, just why is this payment solution so popular? Well, for starters it is one of the world’s most accepted e-wallet solutions! Nearly every major airline, travel website, eComm store, or online payment gateway accepts PayPal. While the company is a little more fickle about online gambling, it is useful having a PayPal account for other online monetary needs. UK citizens are lucky because the United Kingdom Gambling Commission (UKGC) has the domestic gambling market tied up and under control and as such, PayPal is a useful, fast, and convenient deposit/withdrawal method. As a member, you benefit from a dedicated support team, dispute resolution mediation services, and fraud protection.

PayPal performs in-house audits for online casinos. If a casino has too, many disputes opened by players, the company will ban the casino from its payment gateway. This means you know a PayPal casino has had few customer complaints. For more info, see the full PayPal casino payment review.

The Globally Accepted Neteller e-wallet!

Neteller is far more liberal than other similar online casino payment methods such as PayPal with its T&Cs. It is perhaps the second most popular e-wallet online and is a Canadian company by nature, but now operates out of the Isle of Man, which is a British Crown dependency. This means the firm must abide by the rules of the UK’s Financial Conduct Authority (FCA) and online security standards set out by the UK government’s 10-steps-to-cyber-security. and you can use it to fund your online casino account if you are a resident of Canada, South Africa, Australia, India, New Zealand, the Republic of Ireland, or the UK. Almost every online casino brand we test and review in our online casino tests section here on Casinoplus Bonus, you will see that Neteller is consistently accepted as both a payment and withdrawal options.

As a Neteller member, you still benefit from all the same security features as most other e-wallets like PayPal. There is a customer support team, disputes resolution centre, and highly encrypted as well as secure payment gateways that only require a username and password to approve a transaction. Furthermore, a Neteller is globally accepted, it is set up for multiple currencies. For the benefit of our English-speaking readers here on Casinoplus Bonus, the currencies you can expect to use via Neteller include EUR, NZD, AUD, CAD, GBP, ZAR, and INR!

You also have the option to apply for a pre-paid Neteller credit card which you can use to make online and over-the-counter payments as well as cash withdrawals from an ATM in most countries.

A quick word of warning before using Neteller. Always check to see if the online casino you want to join allows Neteller deposits to take advantage of the casino bonus. We say this because quite a few casinos exclude deposits from this e-wallet for bonus offers. For more info, see the full Neteller casino payment review here.

The Globally Accepted Skrill e-wallet!

Skrill is remarkably like Neteller as far as what it has to offer and acceptance as an online casino payment method. In fact, it is quite hard to separate the two, while the key difference from its competitor PayPal is that like Neteller, Skrill is widely accepted across multiple online casino brands.

As such, it is one of the most popular deposit methods for casino players from Australia, Ireland, the UK, and India as you can keep funds in AUD, EUR, GBP, and INR according to the ‘Skrill Money Transfer’ page. However, if you are from South Africa, Canada, or New Zealand, Skrill does not yet accept ZAR, CAD, or NZD so Neteller is going to be a better option for you so you can avoid currency conversion fees.

Another similarity with Neteller is that Skrill is a British company incorporated under the laws of England and Wales. As a result, it falls under the rules and regulations of the Financial Conduct Authority (FCA) which is one of the strictest financial regulators out there. With UK laws governing how Skrill operates, you can be sure it follows some of the most stringent online security set out by the UK government’s 10-steps-to-cyber-security, so your money is safe and in good hands.

As with Neteller, some online casinos will not allow deposits from Skrill to make use of bonus offers. Always check the bonus terms and conditions or look for this information in one of your casino tests. For more info, see the full Skrill casino payment review here.

ecoPayz online casinos for English-speaking players!

If you use ecoPayz in online casinos, you get many of the same advantages as with Neteller, PayPal and Skrill. It is easy to use, you can top up your payment account using different payment options, and it is another UK registered company that operates under the country’s strict financial laws and security prerequisites. It is also the perfect e-wallet for players from the Republic of Ireland (EUR), the UK (GBP), New Zealand (NZD), Australia (AUD), Canada (CAD), South Africa (ZAR), and India (INR). There are also many more currencies on the ecoPayz list!

Since the payment service provider is extremely popular, you do not have to look far for an ecoPayz casino. They are literally everywhere and what’s more, it is just as efficient as Neteller, PayPal and Skrill when it comes to transaction times. In fact, the transaction speed is impressive for both deposits and withdrawals, which are instant! As long as you are fully verified on both ecoPayz and the online casino, then you are ready!

ecoPayz is rising in popularity as an e-wallet because it accepts numerous currencies and most casino bonuses work with ecoPayz deposits—something that can be an issue with Skrill and Neteller e-wallets. For more info, see the full ecoPayz casino payment review here.

Bank transfers are a popular online casino payment & withdrawal method (EFT Payments)!

Bank transfers are one of the most regular online casino payment methods. You can also include EFT (Electronic Funds Transfer) in this section. Transacting with your bank directly either online, via telephone, or from inside a branch are useful ways to top up and receive funds from your casino balance. It is especially useful if you use a payment method that is unavailable for withdrawals. The only downside to bank transfers is that they are far from instant. For deposits, this suits some customers who like to control their budget without using ‘deposit limit’ software. As such, it can act as a cool-off period when players feel they want to carry on playing after a loss. They cannot because the transfer takes time to process, hence this is similar to a cooling-off period.

In general, bank transfers are free to use for deposits, but you may have to pay a withdrawal fee at some online casinos. Usually, the casino applies a small processing charge when the cash-out is less than a set amount, while the casinos often process anything above that amount free. As for fees applied by your bank, some are free while others may charge you as often the casino payment comes from overseas. Once the casino approves the withdrawal (pending time is fulfilled), it can take between 3 to 5 business days for the transaction to process, but it is not unheard of for some players to wait up to 7 days. As a result of using bank transfers, you get full fraud protection and banking security! One of the newest banking software tools today gives you bank accounts that accept EUR, NZD, AUD, CAD, GBP, ZAR, and INR is Wise (formerly TransferWise) and you can transfer from these accounts to your domestic account for an extremely low fee.

Casino players use bank transfer when they deposit to their casino account via a payment method that is not available for withdrawals. If you do not or cannot use bank transfer, then make sure you choose a payment method that also allows you to withdraw!

Debit & credit card online casino payment methods are the most common way to transact online!

Credit and debit cards are the most common means of payment and withdrawal in the online casino industry. Almost everyone has a debit/credit card and deposits are instantly credited to your casino account once your financial institution approves the transactions. Casino credit card payments are an easy option because it does not require a third-party provider or middleman, so to speak. You assign the deposit amount via the payment page and confirm the debit/credit card payment as you would with any other eCommerce online payment. One of the key advantages of using a credit or debit card is that you are free to use any of the casino bonuses at will.

Credit/debit card brands include VISA, Mastercard, Maestro, Electron, Switch, and many more. Some casinos also accept American Express card, which is another popular payment method, but quite often you cannot use this brand for withdrawals. In the end, it is entirely down to the casino platform which card types you can use. With credit cards, billing is almost always done at the end of the month, and it is easy to keep track of your payments via your online statement. As for withdrawals, it takes around 3 to 7 working days depending on your financial provider. Also, there are quite a few countries where casinos cannot pay money into your Mastercard, which eliminates this brand as a cash-out option.

Players from the UK will need to note that you cannot use a credit card for any form of online gambling payments, but you can use a debit card. Also, in due course, it appears that the same rule will apply to players from the Republic of Ireland!

Instant bank transfer via Klarna Sofort

The Klarna Sofort option is only available to players in Europe. It is much like Canada’s Interac whereby Klarna and Interac both act as a middleman, or ‘gateway’, between the online casino and your bank account. Rather than providing bank details or storing them in your online casino’s payments area, you can simply opt to deposit or withdraw via Klarna Sofort. Transactions are all performed in real-time, so your casino account will top up immediately. Although payments are instant, withdrawals are not. It can take between 3 and 7 working days for your cash out funds to arrive via Klarna Sofort into the bank account.

Overall, it is a relatively simple system to set up, but for some, the process may feel a little long-winded. You will need to enter your bank details under your Klarna Sofort account and then enter your Karna Sofort details on the casino website. Most UK and Republic of Ireland players have far more convenient ways to deposit and withdraw, but all the same, it is there as another viable way to transact with UK and Ireland casinos, and this is a convenient way to connect to your bank account without revealing them online!

One of the key advantages to using this service is that it connects to your bank, confirms the transaction, and then sends the cash amount directly to the casino regardless of banking days. Often if you try to set up direct bank transfer with the casino, the deposit does not always arrive immediately!

Trustly for safe, secure, and lightning-fast online casino withdrawals & deposits!

Trustly casino payments use this online payment service provider to offer combined advantages of e-wallets and instant transfer under the condition of a reputable TÜV seal. You can deposit with Trustly via a fast bank transfer without having to enter your payment information in the online casino payment area. Furthermore, you do not have to set up an account with the payment provider either.

Award winning brand: Trustly won the ‘Payment Solution of the Year’ at the Global Gaming Awards 2021 & 2022. It also tool down the ‘Best Payment Service Provider’ In The Nordics at the Scandinavian Gaming Awards (BSG Awards) 2022. And the brand also holds x2 ‘Best Payment Solution’, and x2 ‘Payments Innovation of the Year’ SBC awards. Trustly also won silver for ‘Payment Innovation of the Year’ at the SBC Awards North America 2022.

As soon as you have chosen Trustly as your casino deposit method, a new page opens where you can make the transaction directly with the provider. The transfer is carried out using the data from your online banking access and the final TAN entry. Payment is received on your online casino account immediately afterwards. No card, no bank numbers, and no billing information are required whatsoever. As we target multiple English-speaking countries, it is worth noting that Trustly is only available to Ireland, UK, and Canadian casino players. For Canada, there are both French and English language options, and EUR, GBP, and CAD are all accepted currencies.

The best thing about Trustly is that you can make both fast deposits and withdrawals. Trustly relies on an instant payment when withdrawing. With your bank code and account number, you confirm the transaction and the payout from the online casinos will be received in your bank account, usually within half an hour.

Interac payment methods for Canadian online casinos

Interac is a system that acts as a middleman between the casino and your bank account via its Interac e-Transfer and Interac Online services. It is one of the most popular online casino deposit and withdrawal options for players in Canada and is exclusive to Canadian casino players only. The system connects to multiple participating Canadian banks. For example, the Interac Online service connects to TD Canada Trust, RBC Royal Bank of Canada, Dozens of Credit Unions, and First Nations Bank, while the Interac e-Transfer service connects to all other banks, but unlike Interac Online which you can use for withdrawals, Interac e-Transfer is not available for casino withdrawals.

You can utilise Interac’s convenient casino deposit/withdrawal options via a mobile app and/or web client, both of which offer highly secure financial payments gateways. The idea of using Interac is so you never need to share your Canadian bank details online. Much like an e-wallet, you have a username and password to confirm transactions, while you can also use 2FA on top of this to confirm transfers via an SMS or email code. Your bank account is then instantly debited or credited once security credentials are successfully entered and Interac approves the availability of funds to transfer.

Interac is available in both English and French languages. There are also small transaction fees associated with this payment method that cost between CAD 0.115 to 0.265, which is a small price to pay for the continent, safe, and secure service offered. For more info, check out the full Interac casino payment review here.

MuchBetter—an award-winning casino payment facility!

The MuchBetter e-wallet is famous within the iGaming industry. In 2020 it won the EGR Innovation in Payments Solutions, SBC Payment Solution, and Payments Awards Best Prepaid Card Solution awards! In 2019 it won 4 awards for its mobile payments’ solution options and in 2018 it was recognised with 2 awards as a rising star and payment innovator. Since then, an increasing number of online casinos are now beginning to accept MuchBetter as a deposit and withdrawal option. Each time you use the service, it makes use of security features such as device pairing, unique 3-digit CVV code generation, and a touch ID facility.

The best way to top up your account is via bank transfer as it is free, but it can take a couple of days to process, while instant top-ups via your VISA/Mastercard come with a 5% fee. Aside from this fee currency conversions cost 1% of the transaction and if you use your MuchBetter card for withdrawals, each transaction is 0.99%. Payments, transfers, friend transfers, contactless or online payments via the free prepaid Mastercard all have 0% fees. If you want to withdraw to your bank account from MuchBetter, there is a 3% fee, so it is always ‘Much Better’ (forgive the pun) to get a card with your account.

The good news is that MuchBetter is available in South Africa, Canada, the UK, the Republic of Ireland, Australia, New Zealand, and India. It is actually one of the most used casino payment and withdrawal methods in India today, thanks to its combination of secure banking, card, and e-wallet services. For more info, check out the full MuchBetter casino payment review here.

Pay with Apple Pay in the online casino

For Apple users, the Apple Pay deposit option is a convenient way to quickly top up your online casino account. This payment method is only available to iPad and iPhones users, is extremely secure, and you do not need a password as long as you are using your device already configured with the Apple Pay option. All it takes is a click of the button via the Touch ID feature, and on some of the newer models, you can even use Face ID to confirm the transaction. As such, this is perhaps one of the fastest deposit methods available.

In some ways, Apple Pay is very much an e-wallet as you still need to top it up using a credit card or debit card. If you do not have a balance, then Apple Pay will ask you to select one of the bank cards connected to your account in order to fulfil your casino deposit. Apple does not share your card details with the casino as any transaction required is done behind the scenes, while on the face of it, the casino only sees that the deposit transaction came via the Apple Pay payment gateway.

The only drawback to using Apple Pay is that it cannot be used for withdrawals. Therefore, you will need to use bank transfer or another available withdrawal option to cash out your winnings. For more info, check out the full ApplePay casino payment review here.

Deposit anonymously via Paysafecard

Paysafecard is one of the most popular deposit methods for those that do not want their bank statements or e-wallets to show any kind of online gambling transactions, which is why Paysafecard has a reputation for being an anonymous casino deposit option. It is available to casino players in the UK, Ireland, Australia, New Zealand, and Canada where you can buy a pre-paid 16-digit code topped for a value between €-£-$ 10 up to €-£-$ 100!

Depending on where you live, you can either purchase it at a high street store in cash with no need to give your name or top up using the Paysafecard online payments gateway where you will need to provide a name but doing so does not affect the eventual anonymity of the final deposit. If you use the online gateway, some casinos will even allow you to withdraw to your Paysafecard account, which is quite a new feature. When you log onto the casino, you just click to deposit and type in your 16-digit code and the amount on your card will instantly credit your casino account. As such, the entire transaction is anonymous!

Most online casinos do not allow Paysafecard card as a withdrawal method, but this is changing. There is now an e-wallet version that allows you to withdraw electronically to your Paysafecard account, and an increasing number of online casinos are now giving their members the option to withdraw! Of course, when you use the e-wallet version, the transaction is no longer anonymous. For more info, check out the full Paysafecard casino payment method review here.

The Neosurf Casino payment method

Neosurf offers much the same anonymity as Paysafecard. It is a system whereby you purchase a 10-digit code that is worth the value you input. You can then take this code to a Neosurf online casino, enter the code, and your casino account will instantly top up. It is available in multiple currencies and countries globally including South Africa (ZAR), New Zealand (NZD), Australia (AUD), Republic of Ireland (EUR), Canada (CAD), the UK (GBP), and India (INR).

The maximum amount you can purchase per card is 100 Euros or currency equivalent, so it’s not a high roller’s option. However, you can register for a MyNeosurf e-wallet to deposit higher amounts, but unlike the Paysafecard e-wallet option, currently, Neosurf casinos do not allow this deposit option to be used for withdrawals.

There are Neosurf partner stores where you can buy a physical voucher, or you can use the online option to purchase a digital card. Neosurf is also accepted in multiple retail stores. Just check out the website, select your country, and a list of retail options will be made available. For more info, check out the full Neosurf casino payment method review here.

MiFinity up-and-coming e-wallet solution

MiFinity offers a safe and secure e-wallet solution to casino players in Australia, Canada, the Republic of Ireland, Great Briton, and New Zealand. It is one of the newcomers to the online casino scene and is becoming a widely accepted payment method as an e-wallet. All you need to do is sign up via the web interface or download the MiFinity iOS or Android app if you want to create deposit and withdrawals via your mobile device. Both options make this e-wallet perfect for desktop, laptop, smartphone, and tablet casino players.

Using the e-wallet service, you can send money to the casino or other MiFinity users using an email or phone number. Also, this solution offers an array of add-on services with one of the most useful being the PayAnyBank facility, which allows you to pay into any bank account globally. Therefore, even if a casino does not accept MiFinity, you can still use the e-wallet to deposit to the casino’s bank account. As for top-up options, you can use Union Pay, cryptocurrencies, VISA, Mastercard, Trustly, and Klarna.

Casinos pay into your MiFinity instantly, so funds arrive as soon as the casino’s pending period is fulfilled. Also, prior to verifying your account, you can make €2000 worth of transactions, but post verification the limit rises to €10,000 over a 365-day period. For more than this, you need to make a request!

Pay-by-Phone casino despot option!

The pay-by-phone, online casino payment method is available in over 60 countries, but it is the UK that has the largest number of brands offering this service. It is a simple payment method that adds the deposit amount to your mobile phone bill, which you pay at the end of every month. It is almost like betting with credit, which is a touchy subject in the UK, but as the maximum deposit limit is so low it seems to bypass any restrictions. Usually, for this payment type, the maximum deposit is £-€-$ 30 to £-€-$ 50, and then there is a 10% network fee while the casino does not charge.

All you need to do to activate the pay-by-phone deposit method is enter the amount and your phone number. As long as the phone number is the one associated with your account, you will receive an SMS confirmation. Usually, the payment is instant, but it can take up to 5 minutes depending on your service provider. Pay For It, Boku, and Zimpler casinos are the most common for this payment method. However, you should note that this deposit option is not available for withdrawals. Boku is available globally!

Currently, you will find Boku payment solution available in Australia, Canada, India, Ireland, New Zealand, South Africa, and the UK. However, it does not work with all service providers. You will need to contact the casino’s support or check the Boku website for more information!

Cryptocurrency online casino payment methods!

Cryptocurrency online casino payment methods for deposits and withdraws are now immensely popular. Nearly every casino accepts cryptos allows you to keep multiple crypto balances and play games using your deposited crypto. Now the biggest advantage to using cryptos is that deposits and withdrawals process times are according to the crypto network. Some transactions happen almost instantaneously, while the maximum time you will wait is usually around 10 minutes.

Crypto transactions are also highly secure and completely anonymous. When you open your casino account, you have a personal wallet with a public key which you will use from your crypto wallet to top up your casino balance, while for withdrawals, you simply enter your crypto wallet’s public address. However, always be careful and double-check you enter the correct address, or you could lose your crypto forever when you enter the wrong key.

As for transaction fees, these are virtually nonexistent, i.e., the fees are so low on the crypto network, you will hardly notice them. Another key advantage to using cryptos is that maximum deposit and withdrawal limits are often higher than using fiat currency! Some of the most well-known cryptos accepted by online casinos include BTC (Bitcoin), BCH (Bitcoin Cash), LTC (Litecoin), ETH (Ethereum), XRP (Ripple), DOGE (Dogecoin), USDT (Tether), and many more.

Not all software providers have enabled their games for cryptocurrencies. You should always check the casino’s terms and conditions page for information about which software provider games accept which cryptos. For example, Playtech games are generally not available for crypto bets, Evolution live titles do not have a DOGE option, and Pragmatic Play games only accept bets using BTC, ETH, and LTC. For more info, check out the full Bitcoin casino payment review here.