Understanding Online Banking Options
Making a deposit and cashing out are some of the most important parts of playing pokies and other online casino games for real money. Being able to make fast, secure deposits is an absolute must for all serious pokies enthusiasts, and being able to cash out quickly and efficiently is also crucial. The key to both is to find an online banking method that suits your pocket and your lifestyle. Luckily there are plenty of options to choose from.
The traditional method of payment is bank transfer or EFT. Not too long ago, this was the only way to fund your account safely, without fear of credit card fraud. Today, bank transfer deposits are not that common since they can take up to 3 days to process. However, most establishments still use this system for withdrawals.
Cards are accepted at just about every Internet gambling establishment. Today, debit and credit cards are considered to be an extremely safe and convenient online casino banking method. With a credit or debit card, all you need to do is type in your card number, decide how much you want to deposit and authorise the transaction. The only downside is that withdrawals can take a few days to process. Popular card options include Visa, MasterCard, Amex, Diners Club, Visa Electron, Maestro and Visa Debit.
Web-wallets are considered to be the safest and quickest way to fund your account. While they do require you to sign up with an independent web-payment system, making a casino deposit, is fast, safe can complexly anonymous. Web-wallets also have the benefit of having instant withdrawals and you can use the same system to send money instantly to friends and family around the world. Popular Web-wallet online banking options include Neteller, Skrill, PayPal and ecoPayz.
Instant Banking is another modern system that takes all the effort out of transferring funds. It works in exactly the same way as a normal Internet-based transaction, but instead of having to wait a few days for the funds to clear, the facility transfers the funds instantly into your account. The best part is you don’t even have to sign up. As long as your bank is associated with the system, you can start using it straight away. In exchange, you will be charged a small fee per transaction. Some of the most popular instant payment systems include Trustly, Sofort, InstaDebit, UseMyFunds, EziPay, Citadel, Pay n Play and Interac.
Prepaid Vouchers and Cards
If you are looking for the safest way to pay on the Internet, then prepaid vouchers and prepaid cards are the way to go. With vouchers, you don’t even need a bank account; you can simply purchase a voucher and start using for online casino banking payments. Prepaid debit and credit cards give you all the purchasing power of a card without having the card linked to your bank account. Not only is it safer, it is also a more convenient way to pay. Some cards are linked to web-wallet facilities that can then be used online or in-store. Popular prepaid methods include POLi, Paysafecard, ecoCard and EntroPay.
While not as prevalent as the above mentioned options cryptocurrency is certainly on the rise and can be used for secure, simple online banking at many local and overseas sites. Bitcoin and Bitcoin Cash is the most widely used cryptocurrency options, although some sites offer plenty of others. The benefit of paying by Bitcoin is that the transactions are instantaneous, and since there is no bank involved, there are no fees. Payments are also completely anonymous and secure with blockchain technology ensuing your funds get to their destination. Withdrawals are just as easy with the funds back in your Bitcoin wallet within a few minutes.