After registering an account at an online casino, the next question is how to transfer money to a player account. Which payment method is the safest, fastest and at the same time convenient to use? This issue deserves to be addressed in more depth, because after winning, no one wants to wait for days or weeks for their money.
The fastest payment methods
Which payment method is fastest depends on both the payment service provider and the casino. Skrill and NetEller e-wallets and Bitcoine are considered to be the fastest, because after the casino confirms the payment, the player has the money immediately. Banks, on the other hand, can process incoming payments over several business days.
Trustly is a Swedish online payment method based in Stockholm that customers use to make payments directly from their online banking account to an online merchant. Trustly’s favor is that it eliminates the cumbersome account verification phase. Thanks to Trustly Pay N Play technology, the account is confirmed at the time of the first deposit, and by the time of the withdrawal, the online gaming operator already has all the necessary information to process the payment. As a result, Trustly casinos are considered the fastest in terms of payouts.
Skrill is a popular UK payment service intermediary. Skrill is a reliable service provider that has been used in the gaming world for a long time. Skrill’s biggest advantages are speed and safety. It’s basically like a bank, and you can order a Skrill physical payment card to withdraw money from an ATM, or use a virtual Skrill card, which has almost all the same features. In the Skrill environment, you also earn loyalty points that can be exchanged for real money and traded in cryptocurrencies. With so many different sites accepting this payment solution, it is definitely a viable “all-in-one” option for many internet users.
NetEller is very similar to Skrill and the principle of the service is the same. When transferring money to an online casino game account, Neteller is as fast and reliable as Skrill. Neteller represents an excellent and trusted method of both depositing and withdrawing funds, and as such it is one of the most common accepted payment methods offered by online casinos.
The withdrawals are a slightly different story. While the actual processing time by Neteller also takes only a few seconds, the withdrawals need to normally be first processed and approved by the casino payments team. This can take anywhere from 2 to 72 hours depending on the casino and the exact situation. But once your withdrawal request has been approved the actual transaction will be affected immediately.
MasterCard and VISA
MasterCard and VISA are the most common payment options in the world. In the case of MasterCard/VISA, the disadvantage is that online casinos can often ask for additional information, such as pictures of the payment card, to make sure that the card user is the same person who owns the payment card. Inevitably, such requirements may slow down the processing of payments. In addition, these payment card providers have the longest payment processing times and can take up to 7 business days.