Payment
Methods
This section gives an overview of the
most popular Payment Methods that online casinos allow their customers
to deposit and withdraw funds through.
Fundamentally, the Payment Methods consist
of either credit cards, such as Visa Cards and Mastercards or e-wallet
solutions. Other methods also exit to fund your accounts and these
can be read about in more details by clicking though the links to
the left.
The main advantage of using Credit and
Debit Cards is basically that they
are the most convenient method for people to start funding their
online accounts, in that they do not have to set up any additional
online e-wallet style accounts or request any addtitional services
from their banks. In addition, they allow quick deposits and withdrawls
to be made though online casinos, although the speed of such withdrawals
may vary between Casinos, from immediately to up to 14 days.
The disadvantages of using Credit and
Debit Cards is that even though online transactions are encrypted,
the more times your credit card is used over the internet, inevitably
the probability of your card's details getting abused increases.
Nevertheless, it should be remembered that this probablity remains
exceptionally low since the Online Casino's recommended in this
review are all highly regulated and have their procedures strictly
audited.
Most Popular Payment
Methods
This leads us to one of the most popular
way of funding accounts, the online e-wallet facilities, such as
NETeller, Moneybookers,
Pay
Pal and eWalletXpress,
for example.
These allow users to fund their online
e-wallets directly from their credit cards and then withdraw from
their e-wallets to their bank account that is directly connected.
They can then use the e-wallet to deposit and withdraw directly
to the Online Casinos.
The advantage of using e-wallets is that
withdrawals are made more quickly from Online Casinos, normally
within 24 hours. In addition, your bank account statement is not
littered with debits fom Online Gambling Sites, which is not always
desirable or even permitted in certain countries!
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