Payment methods taking the casino world by storm
Earlier on in the year we reported that card payments could be a thing of the past as eWallets (Also known as digital wallets) creep towards becoming the preferred payment method for those playing at online casinos.
In the last year alone 35% of all payments were made by eWallets, this is due to the fact that most players are now choosing to visit casinos on their mobile, which allows them to embrace fast and secure real-time deposits and withdrawals.
Which eWallets are popular with online casino players?
There are a growing variety of different eWallets available to those who wish to use them as payment methods when playing online, with players in different countries gravitating towards certain ones to suit their needs. There are three main eWallets that you're likely to find as payment options in most online casinos shown below.
You will undoubtedly have heard of PayPal before. This eWallet is used by more than 200 million people worldwide and is traditionally associated with online marketplace eBay. PayPal is an obvious choice amongst casino players when depositing and withdrawing funds, this is thanks to brand awareness and the level of trust PayPal has built with their customers as a result of their strong reputation for being safe and secure.
One of the biggest arguments for using PayPal as your preferred eWallet method is their incredibly strong 24/7 support network.
Formerly known as MoneyBookers, Skrill is considered to be one of the safest and fastest eWallets available today. Many players choose to use this service as payments are completely anonymous and winnings an be cashed out quickly and withdrawn using a Skrill debit card.
As Skrill is regulated by the Financial Conduct Authority in the United Kingdom under the Electronic Money Regulations Act you can feel safe in the knowledge that if anything was to happen your transactions would be protected be Skrill's anit-fraud team.
Your Skrill eWallet is accessible via mobile, laptop or desktop PC, so it doesn't matter where you are, as long as you have access to one of the three you'll have access to your funds.
Renowned for being one of the very first payment methods used to send and receive money on the internet, Neteller initially started out serving poker players before being adopted by online casinos.
Neteller remains a popular banking method for players worldwide thanks to their long-standing track record of being safe, reliable and easy to use. Certain online casinos will offer extra bonuses for players using Neteller.
Like Skrill, you're able to access your funds directly through a Prepaid MasterCard which will allow you to withdraw your funds from a cash machine, any time, anywhere in the world.
Why should you consider using an eWallet?
Those using an eWallet when playing at an online casino chose do so as they can play with the peace of mind that they have that extra layer of security if needed.
The desire to have instant access to winnings is considered an essential part of the overall experience nowadays, and that just isn't possible when using payment methods that are tied down to long processing times.
What other eWallets are available?
Whilst the three aforementioned eWallets are the most popular today, there are others that casinos do accept as payment methods, these include: