BEST PAYMENT OPTIONS IN ONLINE CASINOS

One of the main things to consider when choosing an online casino should be their deposit options. For Australian players, it is important that a site not only accepts Australian dollars but also provides several payment options to make deposits easier. With all this in mind, Here's a rundown of payment options available to Australian players of online pokies.

BITCOIN

Bitcoin was the first digital currency to become popular. Created in the year 2009 to
Allow transactions between sellers and customers. Bitcoin has provided players with a safe, private, and easy withdrawal and deposit option. Bitcoin was built on the back of BlockChain technology which allows all of its quick and secure transactions to happen. Bitcoin is increasingly becoming one of the most popular payment methods in online casinos. Bitcoin isn't the only currency in the crypto space, several rivals have arisen over the years, including Ethereum, Dogecoin, and Litecoin. While there is competition, Bitcoin has set itself apart from its competitors when it comes to the efficiency and security of transactions. This is why it has become a common online casino payment option.

DEBIT/CREDIT CARD

When we talk about credit or debit cards, you know we're talking about giants in this industry — MasterCard and Visa. These payment options are the most popular not only in online casinos but in the world. However, it is not very popular for withdrawals. Online casinos offer other credit card companies such as American Express and Discover Card. These payment options are not as prevalent as Master and Visa cards, but they are still available. Australian online casinos also offer Diners Club and JCB credit cards that can be used for deposits or withdrawals.

MASTERCARD

In the global payment industry, MasterCard is the second-largest payment network behind Visa. MasterCard also has a network of more than 20,000 banks and financial institutions, thus promoting the payment of online cards in more than 210 countries.
MasterCard deposits are accepted by thousands of online gambling sites.

VISA

The largest credit card network in the world is Visa. With payments in over 200 countries and a network of over 20,000 banks and other financial institutions. In 2019, Visa generated $23 billion in gross revenue. Their key products include debit and credit cards, ATM services, and prepaid cards. Visa is approved by plenty of online casinos.

POLi

Australia's largest online payment service. SecurePay Holdings, a subsidiary of Australian post, now runs POLi. The payment method is common for deposits at online casinos and is also available in New Zealand.

PAYPAL

One of the world's leading digital currency deposit services and is very popular among gamblers at online casinos. In the early days of December 1998, PayPal had been formed by Max Levchin, Peter Thiel, and Luke Nosek as Confinity and later merged with Elon Musk the creator of the online banking firm X.com. By 2002, eBay acquired PayPal and made PayPal its preferred payment method. PayPal is quick, safe, and secure, making it among the best ways to complete all online transactions, including casino deposits.

SKRILL

A United Kingdom-based e-wallet that aims to reduce international money transfer costs. There are several online casinos in Australia that accept it. Skrill is so famous because it takes comfort to a different level. You can manage your finances with a simple e-mail address and password, and connect your account to your credit cards.
Skrill protects its users from fraud. Your privacy information is not shared with third parties and your account is always secure.

MyCITADEL

MyCitadel online banking is a common alternative for online casinos and casino players alike. This incredible payment option is used in numerous services, rather than only for online casino players. The MyCitadel service is available worldwide, and the stakeholders include online casinos.

NETELLER

The most commonly used e-wallet in the online casino industry. The payment system was implemented in 1999, making Neteller one of the first on the market to deliver online payment to the masses. The payment system is regulated by the UK Financial Services Authority and has recently become known on a global scale as one of the most popular online casino deposit options.

ECOPAYZ

Since its inception, the popularity of ecoPayz at internet casinos has steadily increased. Following the 2013 re-branding, Ecopayz became the new name for Ecocard. An ecoPayz wallet opens you up to many online payment options. There are virtual cards, ecoPayz debit card, which is another deposit option for your online gambling activity.

ENTROPAY

One wonderful thing about EntroPay is that it is a simple process to make deposits using this method. All you have to do in most online casinos is select Deposit and click EntroPay as your preferred option. The remaining thing is to follow on-screen prompts (enter your username and password for EntroPay, pick the sum you want to deposit, etc.) and you can receive the money on the casino account in a few minutes.

IDEAL

IDEAL was developed in 2005 but only available in the Netherlands through the company Currence. The business is looking to grow globally as more than 50% of online retailers in the Netherlands are paid through this method and some 117.2 million transactions took place in 2018.

ECHECK

Online casino check deposits are a trustworthy and discreet alternative to credit cards or cryptocurrency. There have been checks for as long as there are banks. It is easy to access and also makes bigger payments possible.
Instead of personal paper checks, online casinos use electronic checks or "eChecks."

UKASH

A payment system based on a voucher that may be used for online shopping and gambling. You can buy Ukash vouchers in cash by going to one of the 420,000 retail outlets worldwide.

PAYSAFECARD

Paysafecard is a prepaid method of payment that provides extra coverage for overseas online transactions. A lot of online casinos use Paysafecard to take player deposits. It might be one of the most common online casino pre-paid cards. Smart Voucher Ltd developed Ukash in 2005 in the UK. Ukash is regulated in the United Kingdom as an electronic money company by the Financial Conduct Authority (FCA).

WIRE TRANSFER

A bank wire casino offers a safe means of moving funds instantaneously from a bank account to a gaming account. The probability of theft is highly restricted in a wire transfer. The funds are safe and secured until you confirm your bank account. With its high fees and large amounts of time required, this payment method is now mainly used by casino high roller.

INSTADEBIT

nstadebit is a simple and fast means of depositing money into your casino account. Some of its major benefits are its simplicity and security, which is why it is so common among Australians. Instadebit is simply an electronic wallet. You can easily move your money to or from your bank or casino account.

PAYNEARME

This method of payment is not only safe and stable but also facilitates responsible play. Many regulated casino sites now accept PayNearMe for deposit. PayNearMe promises a 100% secure payment.

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