The payments made at online casinos are an absolutely vital part of the business for the operator, so having access to quick, easy and safe methods to deposit and withdraw funds is critical. It benefits both the player and the company, as players can play with more ease, making them likely to deposit more often which is then a benefit to the casino. If you’ve ever played at an online casino, you’ll know they usually supply a wide range of different methods for you to pick from.
One of the most popular methods that people use at online casinos is e-Wallets. But why are they so popular and what are the advantages of using this type of payment method? In this guide, we’re going to give you a full rundown of using e-wallets at online casinos and the amazing benefits of doing so.
What exactly are e-Wallets?
An e-wallet – or electronic wallet – is a digital wallet that allows you to keep your money in a safe account that doesn’t require a bank. This style of payment makes it incredibly handy to not just deposit and withdraw from casinos, but make any type of payment online.
There’s a huge range of different e-wallets you can find online, with some of the most popular being PayPal, Skrill, ecoPayz and Neteller. Each one of these different companies offers its own unique features and benefits alongside the fact they can be used as an electronic wallet. The biggest company out of them all though is arguably PayPal and you’ve probably heard of it.
What are some of the benefits of using e-Wallets?
There are quite a few big reasons why e-wallets are so popular, especially with casino gamers. The biggest reason would have to be the simple fact that this payment method is extremely fast. Thanks to the fact that it’s an electronic method, you can get your winnings into your account within mere minutes, or deposit just as fast.
e-Wallets such as PayPal are also an incredibly secure solution to fund your account. The onsite security measures they often use include Two-factor authentication, phone verification and SSL-level encryption, which is the same level of protection the leading banks of the world use. Your financial information is never shared with the casino site itself, meaning none of this information is at risk. This increased security is a critical factor for many people.
You can also find many casino sites that will allow players to use e-wallet deposits to claim bonuses – occasionally there are even exclusive bonuses if you use an e-Wallet. This is a nice little extra incentive. Not only are you getting a fast, safe and convenient method to deposit and withdraw, but you’re also getting some extra bonus cash or free spins to boot!
Finally, you’ll find some sort of e-Wallet payment at almost every online casino you find. It’s so widely used and accepted that it gives players a wide range of different casinos to enjoy.
Top E-Wallets For Casino Gamers
PayPal – Being the biggest e-wallet company, it’s no surprise that PayPal comes first class with its support, security and account options. It’s as widely accepted at online casinos as Neteller or Skrill, and you can use PayPal for online shopping at almost all shops!
Neteller – Neteller is a big name in the e-wallet provider space and is widely accepted at online casinos. You’ll experience fast and secure payments whilst using Neteller on top of some great bonus schemes. You’ll also be able to use Neteller to send money to friends and family.
Skrill – Skrill is a big name in the online gambling space. This is due to the fact it was created for online gamblers, making online casino payments an absolute breeze. It’s widely accepted and has its own range of unique bonus schemes and programs.
How to use an e-wallet at an online casino
Using an e-wallet at an online casino is simple. Simply take a look around at a few online casinos and check to see if they accept the e-wallet of your choice. They’ll usually display all of the accepted payment methods at the bottom of their site. Remember to make sure it has up-to-date cybersecurity with a valid SSL certificate as well.
Next up, create an account and claim the bonus if you like. Read through the terms and conditions of the bonus carefully to make sure the e-wallet is an accepted form of payment for claiming it.
Now you want to head to the payments section of the casino site and click on deposit. Then select your chosen e-wallet and follow the simple instructions. That’s it!
Your payment should be verified and into your casino account within minutes, allowing you to enjoy your favorite casino games – whether that’s online slots or live roulette.
And that’s a wrap. Whilst we’ve only listed a few of the top e-wallets you can find, it may be worth having a look around and seeing which one is right for you. Whilst they all do the same thing, as we mentioned before, each one has its own bonuses and quirks – it’s simply a case of finding the one that suits your needs best.