Popular Deposit Methods for Online Casinos

If you’re reading news on this site, the chances are that you’re looking for a casino that accepts credit cards for deposits and withdrawals. The majority of platforms you’ll find featured here allow you to use Visa and MasterCard as eligible payment methods.

However, you should take into account that they are definitely not the only payment methods that are available out there. As a matter of fact, there are many banking options that are currently offered in online casinos, so we’re going to take a look at some of the most popular ones in this article.

E-Wallets

USA credit card casinos are most likely to choose e-wallets as their second-best payment method after credit cards. Simply put, e-wallets are easy to use and convenient.

The only thing you have to make sure that you have an account on the e-wallet platform if you want to use it. PayPal, Neteller, and Skrill are currently the three most popular e-wallet options, but they are definitely not the only ones.

Are e-wallets better than credit cards? It depends on what you’re looking for when making a deposit. Although e-wallets can be faster than cards in many cases, they often come with fees that are slightly larger compared to cards.

Bitcoin and Other Cryptocurrencies

Bitcoin is on its way to reach mass adoption, and casinos find it suitable as a payment method, as there are no middlemen to take fees when making a deposit or requesting a withdrawal. The good thing about cryptos is that the limits are often very generous compared to other payment methods.

Therefore, you can deposit and withdraw very low minimum amounts and very high maximum amounts. The downside to Bitcoin is that it can be a bit slower compared to e-wallets and credit cards.

Bank Wire Transfer

Bank Wire Transfer is the least popular option, and it’s not as present in online casino as other methods listed here. Simply put, they are costly and slow.

It sometimes takes up to two weeks to process transactions. On top of that, many offshore casinos avoid banks due to legal processes that further make deposits and withdrawals difficult.

The good news is that some casino players prefer this, as it is, believe it or not, one of the safest ways to deposit and withdraw money. If you’re interested in a casino offering both credit cards and some other payment methods, make sure to check out this Bovada Casino review that we made to find out more about it.