Using alternate payment methods while playing online can help you to stay more secure. There are many of these in existence already, with new ones being pioneered behind the scenes. Here are some of the best ones that you can use to play online:
PayPal
Perhaps the most well-known e-wallet across the globe, PayPal has managed to maintain its client base for years. It’s highly trusted by North Americans, Europeans as well as other customers all over the world. The payment method was purchased by the large online marketplace eBay back in 2002, which led the company to be dubbed as many people’s payment method of choice. Although it’s found at a diversity of online casinos, Neteller and Skrill as online casino payment options seem to be found more at online casinos. Provided that you’re interested in using this fantastic e-wallet, we recommend that you read through our comprehensive PayPal Casinos Review which features the payment option’s pros and cons.
Neteller
As a global giant in the online payment service industry, Neteller emerges as the most successful start-up payment method. Neteller has long been linked with the gambling world handling fees associated with online casinos, sports books as well as poker rooms. In 2005, the company handled over 80% of the online gambling cash transactions which led the company to be forced to pay around $300 million in fees in order to get out of trouble with the United States Department of Justice. However, since then the company has migrated to the British Isles and diversified and has even sought to partner up with MasterCard on prepaid cards. Although the company does not rake in as much cash nowadays, Neteller has retained its presence as one of the largest and most widely available payment methods on the net. However, nowadays Neteller chooses to stay out of the US market these days.
Skrill (Moneybookers)
Formerly known as Moneybookers and founded in 2001, Skrill emerges as the number one rival to Neteller in the online payment service industry. The company is regulated by the Financial Services Authority (FSA) of the U.K. Hence, it’s one of the most secure electronic payment services you’ll come across on the web. Throughout the years, the global payment service giant has also bought out a few European Competitors. If you’re looking for a payment option to use, the e-wallet Skrill is by far one of the most popular and convenient payment methods out there. It’s found as an option on far more online casinos than Neteller or PayPal.
EcoPayz / EcoCard
The widely accepted payment method EcoPayz, which was founded in 1999, offers various financial services. This particular e-wallet offers its users all the typical functions any regular e-wallet offers with the added bonus of being able to withdraw funds directly to your prepaid debit Card, known as the ecoCard. The card can be used to transfer funds to family and friends as well as companies you’d like to purchase an item or service from and is certainly no stranger to the iGaming industry. The payment service offers its support in 7 different languages and transfers can be done by using any of the 45 currencies available.
PAY BY MOBILE
If you enjoy playing on the go then using your mobile phone bill to pay can be idea. With this payment method, all you need to do is enter in your phone number and then authorise the payment. There are downfalls to this payment method though, for instance you can’t withdraw and there are limits to your deposit.
The biggest advantage to using this payment method is the fact that it’s so convenient. It’s just a matter of adding your phone number to a site and responding to a text to complete the transaction.
PAYSAFECARD
If you want to keep your details off the internet entirely then you can use a voucher service like Paysafecard. This works by allowing players to buy a voucher from a nearby retailer and then they use the PIN to redeem it online. These can be bought in denominations of £10 to £150 but you can combine numerous vouchers together to spend more using this method.
This is a good option for new casino players that are a bit sceptical about using their card details online at all. It’s a secure way to play but it does require you to go to a store to buy the card initially. If you lose it then you will lose the money that you have spent though, so you should be careful with these vouchers.
BITCOIN
This is quite a new payment method and only the minority of casino sites accept it so far. While you may not be able to use this in many places as of yet, the number of casino sites that allow for this payment method is on the rise. It’s a fun way to play online, as you can invest your Bitcoin and wait for your winnings to be worth even more before cashing out.
This has been proving really popular with tech savvy players but it can be a bit confusing for the uninitiated. It doesn’t take all that long to get to grips with but the thought of signing up for wallets and buying Bitcoin can seem a bit daunting to newer players.
These are just a few of the options that you have at your disposal when you play online, be sure to make the most of them. While you can obviously use your credit or debit card too, these ones will add some additional security to your account.
