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The payment methods in an online casino are the methods by which players can deposit money into their accounts. If you want to get bonuses, the question of what payment method to use is crucial. This article analyses all different payment procedures, including credit cards, prepaid cards, and wire transfers.
Payment methods for easy bonus collection
You can find dozens of money transfer solutions in modern casinos, but not all of them offer the same bonuses. Some payment methods are more lucrative than others when it comes to collecting a bonus, so we will check a few of those here.
1. Credit cards
One of the simplest ways to deposit money is to use a credit card, which is why it’s also the most common method. Players can make deposits without needing any other information than their card number and name. It doesn’t take more than two minutes before your account is credited after you have made a successful deposit.
Most payment providers will even let you withdraw money to your credit card, so there is no need to use different payment options for both of these processes. This applies to 5 minimum deposit casinos and all other platforms with credit card payments.
2. Prepaid cards
Another easy method is using prepaid cards. There are several kinds of e-wallet cards that you can get. With this method, you will be able to cash out bonuses fairly easily because you don’t need any kind of bank account or credit card number.
3. Trustly
Trustly is a popular payment provider working as an intermediary between casinos and the players’ bank accounts, allowing you to make speedy transactions with top-grade protection of your funds and banking information. This is exactly why Trustly UK casinos have become so popular in the last few years.
The system makes a fast, secure, and convenient way to buy what you want without having to enter your card details or leave your house. Trustly is used by over 4000 merchants in 29 countries. To use it, all you need is a bank account with a supported bank and access to the internet. Trustly is free to use and doesn’t charge any fees on transactions.
4. Wire transfers
Most casinos offer a bank account and a wire transfer as a way to deposit or withdraw money from your account. It is one of the most reliable and hassle-free payment methods. Paying with a card is not only fast and easy.
It also gives you an advantage over other players because there are specific bonuses for players making deposits using wire transactions. The only real drawback of this method is the waiting time. Wire transfers can take from a few minutes up to a week before your account is credited with the money.
5. Cryptocurrencies
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. You’ve probably heard about Bitcoin – or even used it already – so you know what we’re talking about.
Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. This makes them attractive to some casino users because it removes the need for trust in third parties. Certain casinos prefer crypto payments and offer special bonuses for this payment method.
6. PayPal
PayPal is an American company that operates a worldwide online payments system. The platform supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.
The company operates as a payment processor for online vendors, auction sites, and other commercial users such as casinos. It is a common means of payment in virtual casinos, so you can expect PayPal to bring you some nice promo perks on your favorite gambling site.
Type of casinos bonuses you can count on
These are the most important payment methods, but what about casino bonuses? There are quite a few options you can count on, but let’s focus on the most practical promo perks.
The main types of online casino bonuses are deposit bonuses, no-deposit bonuses, and free spins. A deposit bonus is a bonus that you receive when you make a deposit into your casino account. This type of bonus is usually a percentage of your deposit, and the percentage can vary from casino to casino.
A no-deposit bonus is a bonus that you receive without having to make any deposits into your casino account. This type of bonus usually consists of free spins or free money, and it’s generally smaller than a deposit bonus.
A free spin is a type of bonus that gives you one or more free spins on a particular slot machine game. Free spins are generally given as part of a welcome package or to celebrate a special occasion.
You’ll often bump into sign-up bonuses as well. They are generally the largest and most lucrative type of bonus. To qualify for a sign-up bonus, players usually have to make a minimum deposit and then meet wagering requirements before they can cash out their winnings. These and many other kinds of bonus offers are closely related to your payment method.
Conclusion
Online casinos offer you tons of payment methods, but only some of them guarantee lucrative promo perks and bonus offers. In this post, we showed you the most important types of payment options on gambling websites. Which one have you tried already?
