There is huge number of payment methods that are available to online gamblers. The banking system is probably one of the key factors of online gambling since without possibility to deposit and withdraw money online gambling is impossible. All online casinos need fast and secure payment methods so that gamblers could play for real money. The most popular methods of using money on the Internet are Credit Card (and Debit Card as well), Moneybookers, Neteller, Click2Pay, PayPal, FirePay, MyCitadel, SolidPay, ClickandBuy, ewalletExpress.
Please note that in accordance with the Unlawful Internet Gambling Enforcement Act that came into force on October 2006, Citadel, Neteller, and Firepay are forbidden for US gamblers, as well as Click2Pay.
It is crucially important to choose a payment method that suits your needs when you play for real money at online casino. Your choice may depend upon the country you live in, the time of transaction process, security, etc. Your choice should also be based on the bonus or deposit deals many payment providers ascribe.
To make the right choice you first need to understand the categories online payment methods fall into. There are four basic categories of payment options provided by hundreds of payment providers:
It is extremely easy to deposit with Credit Cards, but not all casinos process withdrawals on credit cards. Sure you have to provide your personal and account details but all reliable casinos maintain privacy policy which works as a confidentiality agreement between you and the casino, so you don't have to worry since your information remains private.
This is an online funds transaction service, eWallets can be filled with a card, and money from e-wallets can be credited back to the card or to the owner's bank account. The payment options that fall into this category are usually very fast and reliable plus the fees are really small.
This is simply a check or echeck, by means of this method you can deposit money directly into online casino account not providing personal details. It is a secure method but it's drawback is that response time can vary from one bank institution to another.
You make transfers to the online casino you have chosen manually through your bank account. The drawback of this system is that it is very slow and limited by gambling laws and regulations.
If you have chosen the method you prefer, check whether the casino you have picked supports it and start to gamble. Good luck!
