Online gambling continues to grow as an industry, with millions of players around the world choosing to place their bets from their mobile devices.
As the popularity of mobile gambling continues to grow, however, a few questions remain.
The most pressing is how you can deposit funds to your account safely, securely and quickly.
What payment options exist to keep your personal information safe while allowing you to easily make deposits and withdraw funds from your casino accounts?
Here are some of the fastest methods to use when making deposits at casinos online.
E-wallets
The fastest payment methods at casinos online are generally e-wallets.
E-wallets consist of options such as PayPal, Skrill and Trustly, among others.
Not all payment options are available in all regions, but these are some of the most widely available options.
PayPal
This payment juggernaut has become synonymous with ‘paying online’, and for good reason.
PayPal offers a reliable service with fast processing times but what you might not know is that you can use PayPal to fund your account at some online casinos.
The process is just as safe and intuitive as using the e-wallet to pay for non-casino-related things.
Pair this with good security, and it’s easy to see why PayPal has become a favourite processor for players around the world.
Skrill
Skrill is another e-wallet solution available for both withdrawals and deposits at some online casinos.
Some players prefer Skrill to other options because it charges very low fees, especially compared to other payment processors.
It also features excellent security, but sometimes has slower withdrawal speeds than PayPal.
Trustly
Trustly is an excellent choice for impatient gamblers.
The provider allows users to connect their casino accounts and their bank accounts for instant transactions, but without entering banking details for the transactions.
This is a good option for users who are especially cautious about what companies have their personal information and prefer to limit data exposure as much as possible.
Cryptocurrency
Cryptocurrency is a payment method that has been receiving more and more attention in recent years.
What used to be known as a relatively niche payment option has become a mainstream solution prioritizing the security and speed of transactions.
It is now possible to purchase cryptocurrency using certain banks, and it can even be used with PayPal in some areas of the world.
For the purposes of this guide, however, we will be focusing on cryptocurrency-specific payment methods that can be used to deposit and withdraw funds at online casinos.
The following payment options can be used with most popular cryptocurrency coins, including Bitcoin, Ethereum and Litecoin, among others.
Blockstream Green
Blockstream Green is a relatively new cryptocurrency app accepted at an increasing number of online casinos.
The application allows users to easily access their blockchain funds on both mobile and desktop, as well as to quickly send and request funds.
The only thing missing from this excellent option is the ability to buy cryptocurrency directly inside of the app itself.
How do I deposit at online casinos?
Once you have selected your payment provider, the hard work is over. The steps to deposit funds in your casino account might vary slightly from one operator or another, but they will largely be the same across platforms.
How do I withdraw at online casinos?
The withdrawal process at online casinos should be almost as easy as depositing, though perhaps not quite as quick.
Unlike most deposits, withdrawals must be processed internally by the operator before they are sent to the payment method for processing.
Ideally, this should take no more than a day, but some casinos take a bit longer – up to several business days.
Once the withdrawal has been approved and sent to the payment processor, however, it should appear in your account without too much additional delay.
It is important to note here that the payment processing time can vary from region to region, even among the providers we’ve outlined in this article.
The best thing to do is to double-check the processing times before you make a deposit or withdrawal. There should be additional information on the operator’s website.
