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The Safest Payment Methods for Online Gambling
Do you enjoy playing online casino games, but are you concerned about payments? Well, with cybercrime and data theft so widespread, it's natural to question security when it comes to payments. Using trusted deposit methods is a must if you want to protect your personal and financial information. No worries, there are plenty of different and secure choices. You just need to discover them with our help.
Mastercard payments are instant, secure, and convenient. You use your card to top up your casino account within minutes and, usually, without any extra processing fees from the operator. MasterCard will probably include some fees on their end, but this applies to all other methods anyway. Mastercard deposits have reasonable limits. Most casinos impose minimum payment between €10-25, while the max payment can go up to €25,000. However, using this option means that you provide your card details to the operator, which is not everyone's comfortable with.
Funding your casino account using Visa is an instant and hassle-free process. Typically, Visa deposits are fee-free. Still, some operators charge between 2%-3% of the amount, which can apply to any card casino payment. The minimum amount you can deposit is between €10-20 and the maximum ranges from €500 to €5,000. Withdrawals are processed within 48 hours, and often, there are no processing fees. However, some online casinos charge up to 4.5% of the amount you want to withdraw.
Transferring money from your American Express card to your casino account is easy. The minimum deposit you can make using an Amex card ranges between €20 and €5,000. Withdrawals usually start at €20 and sometimes can exceed 100,000. You won't be charged any fees, but they are usually minimal and apply to all other accepted cards. Although Amex is less common than Visa and MasterCard, it's still a secure option.
Skrill is a both depositing and withdrawing method that ensures a safe transfer of money. You don't need to give any financial information to casinos to make Skrill payments. On a similar note, your bank won't know that you upload cash to iGaming sites. The maximum amount you can deposit is €20. The withdrawal minimum is €10, which is pretty low, and the maximum is €10,000. Now, when it comes to fees, usually there are none imposed by the casino.
Neteller is safe, easy to use, and payments are usually processed instantly. Besides, online casinos don't charge any extra fees on Neteller iGaming transactions. When it comes to limits and restrictions, the minimum amount you can deposit via Neteller is about €10, and the same goes for withdrawals. With Neteller, no bank will know about your gambling hobby, while operators won't know your card details. It's a win-win.
PayPal has the highest level of security using SSL encryption. The minimum deposit you can make at online casinos using PayPal is €50, while the max is €5,000. There's also a €10,000 monthly limit for deposits. Withdrawals with this payment method are capped at €500 per month unless you verify your account and increase this limit. Most operators don't charge transaction fees but, PayPal does apply them on cross-border transactions. Also, there are currency conversion fees between 3% and 4%.
Paysafecard and Neosurf are the most popular prepaid vouchers, and they work almost identically. You can buy a voucher from a convenience store or online. They are secure and only require you to enter a PIN code for activation. Again, your details are outside casino servers, and your gambling transfers are outside bank statements. All transactions are instantly processed, and players are only charged a fee imposed by the casino operator. Each operator has its limits, but generally, players cannot upload over €100 per transaction.
Gambling with cryptos means quick, anonymous, and secure casino payments. Paying this way will keep your bank and card details outside casino servers. Cryptos are highly volatile, and different online casinos impose different limits. Usually, the minimum for deposits is between €10 and €50, or around 0.0002 BTC, 0.005 LTC, and 0.04 ETH. The minimum amount you can withdraw is 0.0005 BTC or a currency equivalent.
Pay by Phone
To pay by phone, you send a text message requesting a specific amount of money. It will be included in your phone bill later. The minimum deposit is usually between €10-20, while the maximum can be as high as €25,000. This method is 100% safe, but it's not that convenient as it can't be used for withdrawing.