Why online casinos and different payment options?

 

Why online casinos and about payment options at online casinos

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An online casino is a virtual version of a classic casino. Here you can enjoy a casino from home,work or even from your cellphone or tablet. On this site you will only find web based casinos, you don’t need to download anything! Try an onlinecasino today, sign up, spin and win big!
In classic slot machines one can pay with coins and bills. That option is not possible at online casinos. Don’t worry, there are often many different payment options at online casinos. We will take a quick look at some of the most common ones. It can be wise to create a Skrill or Neteller account that you use only for casino transactions. Put a certain amount to the side an insert to your Skrill or Neteller account.

Different payment options at online casinos

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Skrill

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NetEntCasinoNoDepositBonus tried to open an account and it was easy. Skrill is similar to PayPal. Skrill is an e-wallet.
Why do I need skrill ?
Sometimes there is a ,minimum withdrawal limit at a casino. You have to withdraw let say minimum 100 euro if using credit card and perhaps you want to withdraw 40 euro. Sometimes its only possible to withdraw smaller amounts with Skrill or Neteller. Don’t worry, it doesn’t happen often and its easy to open a Skrill account.
Neteller

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Netentcasinonodepositbonus tried to open an account and must say it was easier to open a Skrill account. Neteller is an e-wallet.
Pros
  • + Neteller is well known to be very secure.
  • + Sometimes there are special Neteller bonuses at casinos.
PaysafeCard

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Many stores offer paysafecard. You buy a paysafecard with a specific amount and get a receipt. On the receipt there is a code. Choose paysafe card if possible at the online casino and then enter the code on the receipt when you deposit.
Pros
  • + The payment won’t be visible on your bank account.
Cons
  • Since you don’t give the casino any information about your account, you will probably have to send in some documents if you make a withdrawal.
Zimpler

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It is very easy to use zimpler. Your Zimpler account is created automatically the first time you pay with Zimpler. You use your mobile phone and receive a code, that you use when you deposit. One has to pay the bill within 14 days, it is sent to you by email and to your mobile phone. Remember to pay within 14 days otherwise you get a boring extra fee.. Zimpler will help you with sms. You will get a link to your zimpler account in the SMS were you can see your payment history. It is simple and clear.
Pugglepay changed name to Zimpler 2 years ago. 
Pros
  • + Super easy to use, you only need your cellphone, a great option if you don’t have any money on your account and are waiting for your salary or you don’t want to use your credit card.
Cons
  • Only available in Sweden and Finland but there are expansion plans …
Visa, Mastercard and American express

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When you use Visa, Mastercard or American express and deposit at an online casino it works like a normal payment online. You enter your details such as card nr, cvc, amount and full name. If you dont want to use your Visa or Mastercard a good option is to use a Paysafecard.
Pros
  • + visa and MasterCard are available at almost all casinos
BankWire

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It is one of the safest options and it is easy. You need to provide information like SWIFT, IBAN and BIC. Bank wire transfer funds from a casino player to a casino or from a casino to a casino player.
Paypal
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It is a simple and fast process to register a new account at PayPal.
If you don’t want to use your standard email, just create a new email for your PayPal account. Paypal is one of the largest payment options online and has a great customer service. We have used PayPal at netentcasinonodepositbonus.com and are satisfied! If you don’t have a PayPal account it can be good to create an account since transactions between PayPal accounts are direct and very common on the web today.
Bitcoin
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Bitcoin (BTC) was invented by a group or person called Satoshi Nakamoto. It was released in 2009. It’s a form of electronic cash. Bitcoin is a digital currency without a central bank. It is a currency like (GBP,NOK,USD or AUD) but only in digital format. Bitcoins can be sent between users in the bitcoin network without any mediators. Bitcoins can be transferred among other Bitcoins users by the use of Bitcoin addresses. A Bitcoin address is a series of numbers. Bitcoins can be exchanged to other currencies and services, it can be used as a payment method in some online casinos. If you want to use Bitcoins as a payment method you need a wallet, where you store your Bitcoins. There are several different wallets to choose between. You can visit Bitcoin.org if you want to know more about different wallets. You can buy Bitcoins through different exchanges or even from a friend.
Pros
  • + Your account cannot be frozen
  • + Better security
  • + Many casinos won’t ask you for personal details when using Bitcoins
  • + When you use Bitcoin, you will sometimes be awarded with a larger Welcome Bonus
Cons
  • The price of Bitcoin can decrease or increase in value in a very short period of time.
QIWI

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Is Qiwi a bird? Kiwis are birds that live in New Zealand. Qiwi with Q is a payment method. In Russia, Qiwi is a leading payment method. It was founded in Russia 2007 and has its Headquarters in Cyprus. The company has more than 62 million customers. Qiwi is used for online transactions, like inserting money to casino accounts. You can also pay for bank loans, buy tickets, pay bills and more with Qiwi. Qiwi is an e-wallet similar to Neteller and Skrill. You can also buy prepaid Qiwicards that can be purchased and used around the world. You can use these cards at some online casinos. You can deposit money into your Qiwi account by using Visa or Mastercard or buying a prepaid Qiwi card.
Pros
  • + deposits are instant (e-wallet)
  • + very secure method
  • + make a transaction anonymously
Cons
  • sometimes fees on prepaid cards
Ecopayz
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Ecopayz is former EcoCard and is a prepaid account, it’s another type of e-wallet. It’s used in around 50 currencies and in over 170 countries. A good thing with Ecopayz ist that you can deposit money into your ecopayz account and use it at several different online casinos without giving any information about your credit card again. Ecopayz calls their e-wallet for ecoAccount. It’s free to open an account and it only takes a couple of minutes, click here if you want to open an account.
There are different levels of an ecoAccount, classic, silver, gold, platinum and VIP. You can get better exchange rates, increased withdrawal limits and much more by reaching a higher level. You can insert money to your ecoAccount by direct bank transfer, Mastercard, American Express, local banking, Visa, ecoVoucher, NEoSurf, Instant Banking, Paysafecard, iDeal, iDebit and Instadebit.
Pros
  • + higher rating on customer support than Neteller and Skrill   (Trustpilot)
  • + (DSS) – All the latest encryption technology.
  • + The online casino won’t see your personal bank information
  • + multicurrency
Giropay

“Giropay was introduced in 2006 and is an online payment System in Germany, based on online banking.” Giropay is integrating with over 1,500 German banks. It’s a common payment method in Germany, actually it’s the most used online payment method in Germany. Giropay is similar to the Dutch iDEAL. If you use Giropay, you choose a bank from a list of participating banks. You then check the prefilled payment details. If all details are correct the payment is authorized and you will get your product or casino money. All German players who have Internet banking with one of the German banks that is connected to Giropay can use Giropay. If you are the owner of a German bank account but don’t reside in Germany, you will not be able to use Giropay. You can both deposit and withdraw money with your Giropay account.

Pros
  • + Instant
  • + anonymous
  • + Very secure
Cons
  • Transaction fees may apply
  • Only available for Germany, Netherlands and Austria