When you are playing online, one of the most important factors when choosing a casino are the payment options that the casino provides, both for withdrawals and deposits. While bank transfers are 100% reliable, most online casinos deal with offshore, international bank accounts, meaning your winnings could take up to five days to reach your account. If you prefer faster payments, you could consider using various e-wallets, as well as a few other forms of payment. On this page, we will discuss the best methods for casino payments and what their advantages are.
Date Added | Rating | Pros | Bonus | |
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Bank transfer is one of the oldest, yet still the most common form of financial transaction. Basically, you instruct your bank to transfer money from your account to another account. For deposits to casinos, this method exists, however, it is not very popular, as it can take a while before the money is on your account. You should pay attention to what fees your bank charges for deposits, as some banks are free, whereas some banks charge considerable fixed fees or even percentages.
Advantage: fees are generally low or non-existent
Disadvantage: withdrawals can be very slow, depending on your bank
Credit cards and Debit Cards in general are very common methods of payment and can be some of the easiest to use.
Visa is one of the biggest payment methods in the world. Depositing on an online casino with Visa is very easy. Simply select the option deposit with credit card or visa once you have logged in your casinpao account. Select the amount of money you wish to deposit, fill in your details, credit card number and CVV, and your transaction will be immediate, allowing you to play immediately.
Mastercard is Visa’s biggest rival, and the way it is used is very similar to Visa. Just log in your account, select the Mastercard payment option, fill in your details and you can start right away.
American Express, or Amex is slightly less common than the two others we just mentioned, so make sure you check if a casino has this option in our reviews.
Paying by credit card is fast and easy, though there might be fees charged by the credit card company, or interests that need to be paid for using credit and not returning it fast enough.
Advantage: fast and immediate deposit
Disadvantage: withdrawals can be slow, be careful of fees, interests and credit card limits
E-wallets are very handy ways to pay. By opening an E-wallet, you can transfer money in a second to and from your account. E-wallets are extremely popular payment methods at fast withdrawal casinos in the UK
Paypal is the most well-known e-wallet in the world. Buying using Paypal is free, however receiving money through Paypal costs 3.4% + 20p for UK customers. That means that you will lose some of your winnings if you withdraw to Paypal. Even so, PayPal casinos and PayPal slot sites are among the safest and most popular on the market.
Skrill is one of the most common methods of payment for casino players. The advantage is that most casinos do accept Skrill. However, there is a 1.9% transaction fee, and a credit card fee of 2.9% to put money on the account. Even so, skrill casinos are highly recommendable as they offer several perks.
Neteller is similar to Skrill in many ways, it too is accepted by most casinos, and the fee structure is very similar. Neteller casinos may charge 1.5% for bank deposit and a credit card fee of 1.5% – 4.75%.
Another common e-wallet is Ecopayz. More and more EcoPayz casinos are embracing the UK market now. Deposits with bank costs 0 – 7%, with credit card 1.69 – 2.9%, and withdrawals cost between £1 and £8. Using e-wallets is becoming more and more widespread and we expect these fees to go down in the future due to the competition.
Advantage: lightning fast withdrawals and deposits, easy to move money around
Disadvantage: relatively high fees on most e-wallets
Several mobile payment options have arisen that can be used to fund your casino bankroll, these include:
Zimpler started out in Sweden and is now available in the UK as well. You can use your phone number to simply pay to another phone number. The money will be charged to your credit card or on your phone bill. Zimpler casinos allow for fast and safe payments.
Boku is another payment app that allows you to pay directly from your smartphone to any phone number. Here too, you can choose between payment through your phone bill or credit card when playing at a Boku casino.
A few online casinos also offer Payforit. This app allows you to pay easily using your phone bill and is worth a try you have no other payment options. Read our guide to Payforit casinos.
Advantage: fast and easy deposits using your phone, low fees
Disadvantage: no withdrawals using the system
4. Apple Pay
Apple Pay casinos are on the rise thanks to Apple’s in-house developed payment system’s ease of use. Apple Pay is praised for its simplicity and safety, which allows for protected casino transactions.
5. Ilixium
Ilixium is a new payment company that operates in 240 countries. Ilixium casinos offer fast and secure payments so if you are searching for a valuable alternatives to cards and e-wallets, Ilixium is definitely an option worth contemplating.
6. Google Pay
Android users will be happy to play and pay at a Google Pay casino by using the relevant app. All google Pay casinos reviewed on this website offer a wide range of games and are fully licensed. The only drawback is that you will not be able to use GPay to make your withdrawals.
Crypto is one of the most highly touted technologies of the decade, and it promises to be one of the most profitable investments around. These currencies promise a way to pay 100% anonymously, using blockchain technology to ensure safety of payments in exchange for delivery of goods or services.
Bitcoin was the first major cryptocurrency to make a name for itself, and the technology quickly took off leading to plenty of other cryptocurrencies that were a hype the last few years. Bitcoin casinos are the new big thing in the UK.
Ethereum is another cryptocurrency and the main rival of Bitcoin. Ever since its launch, its value has steadily increased, and this trend has not stopped.
One of the main advantages of using Bitcoin, Ethereum, or any other cryptocurrency is the anonymity.
Neteller allows you to deposit with Bitcoin, using the currency of your choice. You can then use the money to play on virtually any online casino. The money you win, you can withdraw to Neteller again, and use it to buy new bitcoins, deposit on your account, or make online purchases.
Advantage: fast, easy and anonymous
Disadvantage: hard to find good casinos that use Bitcoin or Ethereum, though you can use Neteller or other e-wallets to convert your cryptocurrencies
Of course, many casinos offer other payment methods as well. however we have discussed the most common ones for UK players. If you want to know more about which payment methods a casino offers, simply read our review of that casino.
Another popular way to pay is using Paysafecard or My Paysafecard. A Paysafe card is a card that you buy that has a fixed amount, usually £100 on it and has a credit card number. You can use this number to make online purchases and to deposit at Paysafecard casinos. These can be bought with cash in many stores. Read our full guide to Paysafecard casinos to find out more.
Advantage: easy way to play with cash online.
Disadvantage: high fees on some casinos, and no withdrawals possible to Paysafecard, usually limited to £100.
Trustly in another increasingly popular payment method. It uses your personal bank data to ensure fast and easy payments. This system is of recent creation and more and more new Trustly casinos are hitting the UK market on a monthly basis.
Advantage: fast payments, low fees, no credit card needed.
Disadvantage: no withdrawals to Trustly.
Offering advanced safety features and ease of use, MuchBetter casinos are rapidly becoming a favourite for UK players. Thanks to the impeccable mobile implementation, MuchBetter casini payments can be made on the go at any time.
Advantage: impeccable mobile experience, safety, ease of use.
Disadvantage: transactions will incur a fee.
Similar to Paysafecard, Neosurf vouchers can be purchased at retail shops across the UK and be used for your Neosurf casino deposits. While safe and anonymous, Neosurf suffers from a major disadvantage – its vouchers cannot be used to withdraw funds from your casino account.
Advantage: safe, fast, anonymous and practical.
Disadvantage: cannot be used for withdrawals.
A popular way of handling your casino bankroll is through your phone bill. Play at trusted phone bill casino sites and discover how to manage your deposits and withdrawals through your phone bill every month.
Another thing you should take into consideration is that most casinos have less withdrawal methods than deposit methods. In a way, this makes sense, if you deposit via credit card, you can withdraw by getting a bank transfer to the account linked to your credit card. Casinos also have limitations on the means of withdrawal. In an effort to combat fraud and money laundering, casinos generally have a rule that you must withdraw using the same means as deposit. For example, if you deposit via Neteller, you cannot withdraw the same money to Skrill.
There is one general exception however, most casinos will allow all withdrawals to bank accounts, even if the deposits came from another source.
We at NewcasinoUK hope you will be able to find a casino with the right payment method for you, so read our reviews to see if your favoured payment method is available and good luck!