All prominent betting sites have a variety of available payment methods when it comes to making deposits and withdrawals for their customers. While some brands offer only a few, there are also those that even include crypto-currencies in addition to their already massive list of payment options. Keep on reading our article to learn more.
Payment methods online
Having the ability to manage your funds easily is very important when you are choosing an online operator. The majority of them offer a wide range of online betting payment methods that you can choose from.
However, even though the selection of deposit methods is typically plentiful with all operators, the withdrawals methods are often a different story, as there aren’t usually a lot of options to choose from. If you want to make sure that you can always withdraw your funds easily, you should try to find the operator that has quite a few withdrawal options, including preferably the ones that you would like to use.
You should also pay attention to the processing times for deposit and withdrawal methods, and whether there are any applicable fees. The average processing time depends on the method itself and can be immediate (for credit or debit cards) or can take up to 5-10 business days for various payment systems.
Different payment methods also have different limits when it comes to deposits and withdrawals, and you should always check them with your provider first.
Payment methods online list
You can use many payment methods online, including credit/debit cards, e-wallets, mobile payments, payment systems, prepaid cards, and even cryptocurrency.
|Online Betting Payment Methods Type||Name|
|Credit/Debit Cards||Visa, Mastercard, Maestro, Purple Pay|
|E-wallets||Skrill, Qiwi, WebMoney, B-pay, Perfect Money, Epay, eLipa, Paydunya, Jeton Wallet, Runpay Wallet, FastPay, Sticpay|
|Mobile Payments||Apple Pay, MTS, Tele2, MegaFon, Airtel, Equity EazzyPay|
|Payment Systems||Neteller, ecoPayz, Payeer|
|Prepaid Cards||StroPay, Neosurf, MoneySafe|
|Crypto-currency||Bitcoin, Litecoin, Ethereum, Monero, Tron|
Bank (credit and debit) cards are the most common payment method offered by all operators, and many people prefer using them because the processing time is typically immediate. Depending on the card type, there may be some fees applicable so you should check with your provider to be sure.
E-wallets (also known as digital wallets) are pre-paid accounts that you can store your funds for future transactions. They serve as an electronic card that you use to make deposits and withdrawals online either on your computer or via your mobile device.
Mobile payments are any type of payments that you make using your mobile phone. Not only can you use them for various online payments, including your online betting deposits, you can also use them to for contactless payment on card terminals.
Online payment systems include transacting funds via the Internet instead of using cash. You can use it to transfer money from one bank account to another and make online payments and purchases.
Prepaid cards are a great online payment method as you can reload them whenever you want and use to make online purchases and payments. You can even create sub-accounts with prepaid cards of their own.
Cryptocurrency as a means of online betting payments is getting more and more popular with players who are switching to this online transaction method. As this is a relatively new payment method you won’t find many operators offering it, but since at the very essence of cryptocurrency use lies the privacy protection via blockchain, we believe that more and more operators are going to include them as one of their payment methods online.
Online betting payment methods: Conclusion
As you can see, there is a variety of online betting payment methods available offered by the majority of operators. There are a few things you have to take into consideration when choosing a payment method, such as whether there any applicable fees, what deposit and withdrawal limits are, and what the transaction times are, for example. The good thing is that you can select more than one payment method to attach to your account at an operator’s website, and you can always change them later on.