Safe Payment Methods at UK Casinos
With the recent boom in UK virtual casinos, online gamblers are flocking to the highest growing market in the industry right now. To enjoy your gambling, you need a secure method to move money into your wagering accounts with security, high speed, and convenience.
People are always in need of platforms where they can upload and withdraw funds 24/7 which is why it is no surprise that many casinos now offer exactly that. Be it deposit or withdrawal options, there are secure and easy to use platforms that UK websites are using. Although the personal preference might vary for everyone, they still all end up doing basically the same thing.
Credit or Debit cards
This is a very quick and efficient method to add money to your UK casino account. Until the rise of e-wallet accounts, it was one of the best options available. All you need to do is to fill in your card information for your credit or your debit card. The card information includes the card number, CVV code, expiry date, and cardholder name. It is best practice to check to ensure that your site is using up-to-date security measures before storing your credit card information on the site.
Although charges vary with different operators, your money appears in your wagering account pretty much immediately after entering the details. VISA, VISA Electron, MasterCard, Maestro, and Discover are the most commonly accepted cards.
E-Wallets
Also referred to as digital wallets, this is also a widely accepted payment method for gambling. It is very easy to use, and it even offers protection from online hackers. This is made possible by keeping your bank details private and only showing your digital wallet to gambling operators.
To use e-wallets, you need to open an account and connect your banking information to it. Then move funds from your account into the wallet. Funds already in your wallet can now be moved directly to the gambling site. The same method also applies to withdraw winnings, you send it to the wallet and then directly to your bank account.
An active email is also often required to use an e-wallet. With time, this option has proven to be fast, secure, and convenient. E-wallets also allow the usage of PayPal, skrill, and Neteller for people with no access to big banks or credit cards.
Prepaid Card UK Casino Payment
This method is very similar to debit cards. The only difference is that prepaid cards must be topped up before use. With this method, you're able to keep track of all your transactions which many do to prevent overspending. Prepaid cards come in two forms: physical cards and virtual cards.
As with other methods of payment, fees vary according to different providers. The fees can sometimes be applied to account transactions as a flat fee.
Bank Wire and Instant Bank Transfer
Wires or transfers are direct transactions between your bank and the UK casino. It often doesn't attract any transfer free due to the absence of a middleman. All that is required is your bank details.
Bank transfers are generally done online. On the other hand, bank wires are done by transferring funds in a bank branch using account details from your UK casino. The time required to complete transfers varies.
Bitcoin UK Casino Payment
This digital currency can also be used to pay electronically at some casinos. Bitcoin is still growing and will have plenty of payment options to offer in the near future, although they may be limited at the moment.