Deposit Methods

When adding funds to a casino balance, there are typically a lot of deposit methods to choose from. I ensure that whenever adding funds, I only use reputable providers that are trusted and offer high levels of security.  

Below is a list of some of the main deposit methods that I’ve encountered when playing online slots and table games. I have also included the advantages of each payment processor.

Visa

Visa is the most popular payment processor in the world and is accepted by a majority of online casinos. Keep in mind that users from the UK can only deposit with a Visa debit card, not a credit card.  

Payments made with Visa tend to be incredibly secure, with two safety features standing out from the crowd. The first is SMS verification, which is a feature that most banks are now using as default. Visa also offers protection on payments made with them, helping to ensure that users always get the product or service that they paid for.

Advantages of using Visa

  • Most popular payment processor in the world. 
  • Instant deposit method. 
  • Security features to help protect all funds. 
  • Accepted at most online casinos.

Mastercard 

I’ve found that this form of deposit method is identical to Visa in many ways. The process of making the deposit is the same, as are the security features that are provided as standard. Perhaps the only difference between Visa and Mastercard is the size of each company, with Visa having significantly more transactions on a yearly basis. 

Advantages of using Mastercard

  • Widely used payment processor. 
  • Same security features as Visa. 
  • Deposits are processed instantly after verification. 
  • Highly trusted around the world.

Mastercard

I’ve found that this form of deposit method is identical to Visa in many ways. The process of making the deposit is the same, as are the security features that are provided as standard. Perhaps the only difference between Visa and Mastercard is the size of each company, with Visa having significantly more transactions on a yearly basis.

Advantages of using Mastercard:

  • Widely used payment processor. 
  • Same security features as Visa. 
  • Deposits are processed instantly after verification. 
  • Highly trusted around the world.

Bank Transfer 

For people that don't have a Visa or Mastercard, making a deposit through bank transfer may be the perfect alternative. When making a deposit with a bank transfer, I simply enter the amount I'd like to add and proceed. From there, I am redirected to my banking dashboard, where I log in and authorise the payment. Like with Visa and Mastercard payments, it is likely that SMS authorisation will be required.

Advantages of using bank transfer:

  • Secured by the user's bank. 
  • No need for a physical card. 
  • Can sign in with regular banking details. 
  • Deposits are completed within 24 hours in most cases.

Paypal

This is one of the most preferred ways for punters to add funds, due to the speed and ease of service. PayPal connects directly to a debit card or bank account, with funds being taken from this source after each transaction. 

I've found using PayPal easy, as I only need to enter my email address and password associated with my account. Entering my card number and other various pieces of information are a thing of the past after setting up PayPal.

Advantages of using Paypal:

  • Very trusted payment method. 
  • Easy to use. 
  • Deposits can be made instantly. 
  • Protection against fraud.

PaySafe Card

Available at selected stores, a PaySafe is a card that can be preloaded with cash and used later on. When making a deposit at any online casino, the user has to enter the 16-digit number on the front of the card itself. 

It's possible to use a PaySafe card without registering. However, users can opt to create an account which can help to make things easier in the future. For example, users can pay simply by logging into their account. There is also the option to order prepaid cards directly through their app, using a verified account.

Advantages of using PaySafe Card:

  • Can be purchased with cash. 
  • Safe and secure. 
  • No need to register. 
  • Additional features are available within the app

Conclusion

To end, I would also like to point out that players will have to use the same method for both deposits and withdrawals. All reputable casinos will make this a requirement, to ensure that they are in full compliance with anti-money laundering laws. Of course, KYC verification will also be required before making a deposit and playing online slots.