Which payment methods are the safest to use?

Online casinos are very popular. But, the overriding issue many potential players have is whether it is safe to deposit money at one. If an online casino is fully licenced and regulated by the UKGC, then the answer is yes. This is because the casino will only offer safe, fair and transparent payment methods, all of which come with the latest security and player protection.

With this in mind, everyone is different. And, as there are an array of payment methods available, it’s important to go through some of the best ones in terms of safety. Armed with this knowledge, players are much better equipped to choose a method that meets their needs.

Card payments

At the start of this casino payment methods list, debit cards come at the top. While other countries around the world permit payment by credit card, the UK does not. This is all to do with player safety and reducing the chance of irresponsible gambling. With this in mind, Mastercard and VISA debit cards are all accepted

Mastercard is one of the most popular options as they are widely accepted. Not only that, but they offer secure transactions and speedy deposits. Players are able to get up and running almost immediately. They also benefit from the trusted global reputation and the fact that Mastercard has stringent security protocols in place. Similarly, VISA matches many of the pros found with a Mastercard. There is great fraud protection in place on VISA payments too, as well as other reliable security measures like spending control which prevents debt.

eWallets

Many players are opting for eWallets over card payments. There are many reasons for this, but simply put, they’re often faster. On top of that, eWallet platforms act as a middleman between the casino and the bank. This means that players don’t even have to provide any specific banking details to the casino at all. Using this method means remaining more anonymous, and allows players to rest easy knowing the casino can’t hack their bank details.

PayPal is one of the most popular eWallets in the UK and is widely found at online casinos. It’s highly convenient, is speedy, and has many layers of security in place. In fact, it’s one of the few options that provides speedy withdrawals. It’s also got a user-friendly interface and some really great security measures which help to make all transactions worry-free. Trustly is also becoming more popular and allows players to make direct bank transfers. It’s simple to use and fast. Better still, there’s no need for a separate account. And, like PayPal, no banking details are provided to the casino.

Other popular eWallets include Neteller and Skrill. All of them over extra layers of security, which makes them increasingly popular options.

Prepaid cards

If bankroll management is a concern, then a prepaid card is one of the best ways to manage this. Options such as Paysafecard are widely available. This operates in a similar manner to a debit card in that you have to input a card number when making.a payment. The difference is, the card is preloaded with a set amount. As such, players can’t overspend or deposit money they can’t afford to lose. It also means that no banking details are provided for that extra layer of anonymity. However, it’s not possible to get a withdrawal via this method.

Pay by Mobile

A more recent option has come about simply because of smartphones. These days, it’s also possible to pay using your mobile phone. This simply means that you use your mobile phone bill or any prepaid mobile phone balance as the deposit to the casino. Its quick and there is a maximum deposit amount of around £30 per day permitted. As such, it aids in responsible gambling and allows players to very accurately track exactly how much they are spending online. Key financial information is kept safe too, as no bank details are shared with the online casino.

At the end of the day, there are plenty of secure payment options to choose from. For the added benefits, it’s essential that players determine what features are important to them when it comes to a safe, fun experience.