As a beginner, one of the most daunting tasks for many online casino players is making casino payments. Most of them think that one needs to go through a series of cumbersome steps before being able to make deposits and play their favorite casino games online.
But in reality, depositing money into your Monstercasino account is quite easy and can be done by following just a few simple steps. Continue reading to get going with the casino deposit process.
How to add funds to your player’s account?
To be able to enjoy gaming for real money online, you must first deposit money into your account. And it is quite simple to do so at most online casinos. While the exact process for depositing money varies from one casino to another, the basic steps are essentially the same
If you’ve entered all the details correctly, the money will get deposited into your account almost instantly.
Popular payment methods to make casino deposits online
A good thing about internet gambling platforms is that they accept a variety of payment methods. As a player, you have the option to select any payment method that suits your needs. Here are some of the most popular ways to make casino deposits online:
Playing using Credit Note
If you are a regular player at an online casino, there are high chances that the casinos would offer you some reward points or money in terms of bonuses to help you play the game at their casino. You can redeem these points to play the game. Although the points accumulated might not be too much, you can still try out the game and if you are comfortable playing the game at the casino, you can continue playing there using your own money.
Credit and debit cards
Credit and debit cards are one of the leading payment options for making both online and offline purchases. So, it’s no wonder why they are acceptable in the gaming industry.
Depositing money using credit and debit cards is pretty simple. You need to select cards as your preferred payment option and enter all the required information. Once done, your deposit will get processed in just a few minutes.
Keep in mind that although credit and debit card payments are popular in the gambling industry, not every casino accepts all types of cards. VISA and MasterCard deposit options are usually available at most casinos, but you need to double-check to be sure about it.
e-wallets
An e-wallet is an online payment platform that facilitates digital transactions. Over the years, the use of e-wallets has grown exponentially as they are quite easy to use and are accepted at several outlets.
While there are numerous e-wallets on the market, three of them are particularly popular in the online gambling community – Skrill, Neteller, and PayPal. Just like credit and debit cards, casino deposits using renowned e-wallets are completely safe and secure. Just consider the e-wallet transaction fee before making deposits using this payment option.
Prepaid vouchers and cards
Although not as popular as debit cards and e-wallets, prepaid vouchers and cards can now be used to make deposits at some online casinos. The prepaid option is particularly common among players who don’t have access to a credit card or can’t use an e-wallet.
As you’d guess, players can get prepaid cards by paying a fixed amount beforehand. Then you can use these cards to deposit money at casinos that accept them. While prepaid card deposits are processed almost instantly, they can’t be used to withdraw your casino winnings.
Bank transfers
Bank transfers make it possible for players to make casino deposits directly from their bank accounts. Bank transfers are usually accepted at almost all online casinos, as neither you nor the casino needs to have any special account for that.
As banks employ top-notch security measures while processing transactions, adding funds to your casino account using bank transfers is safe and secure. And just like deposits, it’s always safe to withdraw your winnings via wire transfers. Just note that, unlike other payment options, your bank transfer casino transactions may take a bit longer to get processed.
Pay by phone
This is a relatively new casino deposit option that can be found at some selected casinos. As the name suggests, this payment option allows players to add funds to their casino account via their mobile phone bill. The deposit amount is then included in the next monthly bill run of your mobile services provider.
Pay by phone is a convenient way to make online payments as your deposits are processed in just a few easy steps. Also, it provides a safe payment option for players who don’t want to share their financial details with the casino. What’s more, it’s quite easy to keep track of your transactions with the pay-by-phone method.
Along with all these great benefits, using the pay by the mobile method has its own set of disadvantages as well. First, casinos currently don’t allow players to withdraw their winnings using this option. Also, there is a limit on the amount that you can deposit daily using the pay by phone method.
Cryptocurrencies
Owing to their fast, convenient and secure nature, cryptocurrencies are becoming the preferred payment option in various sectors. And the online gambling industry is also witnessing that trend.
While not all online casinos currently accept cryptocurrency deposits, you can use them as a payment method at some top gambling sites. A great thing about this payment option is that some crypto casinos may offer you an exclusive bonus if you sign up as a new user and make your first deposit using popular virtual currencies like Bitcoin, Ethereum, and Litecoin.
With cryptocurrencies becoming increasingly popular among the general public, we can see more and more casinos offering crypto payment options shortly.
So, these were some of the ways players can make casino deposits online. Besides these, you can use quick transfer services and cheques to add funds to your casino account. While all of them have their own set of pros and cons, it all boils down to your personal preferences when it comes to choosing a casino deposit option.