Depositing into an online casino is generally very easy. Players in most countries have ewallets that are specifically designed to process online gaming transactions. These are simple to fund.
Ewallets generally accept major credit cards and electronic checks. Ewallets are important for iGaming players to use. This is because it is easy to move money from one site to another. Some credit cards that do not work at gaming sites usually work at ewallets.
Some ewallets charge fees for certain deposit options. Casino sites will often cover this fee if the deposit is initiated through their cashier page. If your ewallet is empty, make sure to start the deposit on the casino’s cashier page as opposed to depositing directly in your ewallet account.
It is important to check each processor’s terms and conditions to make sure there are not dormant fees. If there are, make sure not to leave money in an account long enough for the dormant fee to apply.
Deposit Options for Players Outside U.S.
Neteller is one of the most popular ewallets. It is available in most European countries. It does not process casino transactions in Canada or the United States, except for Nevada and New Jersey.
Neteller deposits may be made by Visa, Mastercard, and electronic check. Credit card deposits have a 1.75% fee in most countries. The fee is 3% in Nevada and New Jersey. There is no fee for electronic checks.
Skrill, once known as Moneybookers, is another popular deposit option. Like Neteller, it is not available in Canada. New Jersey is the only U.S. state that allows Skrill to process gaming payments. Skrill deposits may be made by bank transfer, Visa and Mastercard. Bank transfers are free. Credit cards have a 1.9% fee.
Click2Pay works in most countries, including Canada. Click2Pay deposits may be made via bank transfer, Visa, and Mastercard. Bank transfers do not have a fee. Credit card deposits incur a fee of 3%.
Paypal left the online casino market when it was acquired by Ebay in 2002. It focused on moving money for Ebay and other non-gaming purposes. The popular ewallet has slowly gotten back into the business in Europe. Paypal charges a fee for using a credit card to deposit. Bank transfers are free.
Like Paypal, ClickandBuy is a more traditional ewallet that only processes gambling payments in certain countries. Players in Europe may use ClickandBuy for online casino deposits.
Instadebit has become a popular processor in Canada, where it is among the most popular deposit options. It is also available in many European countries.
U.S. Deposit Options
Players in the U.S. have fewer deposit options than those in other countries. For one, there are not standard ewallets available for gambling transactions outside of Nevada and New Jersey. Casino sites still offer several ways to fund an account.
The most popular credit card for U.S. online casino players is Visa. It is accepted at almost all gaming sites that accept Americans. Some banks refuse to process these transactions. If the Visa cards you carry get declined there are some options. Netspend and Green Dot Visa cards are sold and many grocery, drug, and convenience stores. These are international prepaid debit cards that can only be purchased with cash.
Mastercard and American Express are accepted by some casinos but are much less accepted than Visa. Many credit card deposits are processed as cash advances. Debit cards are posted as standard transactions.
Western Union is a cash transfer service. Agent offices are available at check cashing stores and supermarkets. Players can send cash at one of these agent offices or use a credit card over the phone or Internet. Credit cards used for Western Union transfers will incur cash advance fees.
Players will need to contact the online casino’s support to get the receiver’s name and location. There are fees associated with initiating a Western Union transfer. These can be as high as 10%. Players that deposit $200 or more will often receive a refund of the fees through a deposit into the gaming account. Make sure to ask the casino site how much a deposit needs to be to have the fees covered.
MoneyGram is similar to Western Union. It is a bit cheaper in terms of fees and there are fewer locations. Cash may be deposited at participating retailers. Credit card deposits may be made over the phone or Internet. Gaming sites will also refund MoneyGram fees on deposits over $200 or $300, depending on the site’s policy.
Large depositors may wish to make a bank wire deposit. The only fee charged is the one by the sender’s bank. The average bank wire fee is $25.
Many online casinos have special deposit options. These are kept private and are often reserved for VIP players. If you are unable to fund an account through one of the above options, make sure to contact support before giving up completely. They are likely to have a great alternative.