In recent years, the online gambling industry has gained much traction, particularly with the adoption of digital channels as a payment method. Compared to traditional avenues of depositing and withdrawing funds, these digital ways enable a more seamless user experience.
As such, most online casinos offer a variety of methods to suit their multitude of customers. These platforms keep up with the global trend and usually provide several options for each category.
For example, these websites have two to three credit card choices, whether Visa, MasterCard, or Maestro. Even for cryptocurrency, you will see more than one option aside from the most popular Bitcoin.
As for digital wallets, the most popular ones among gamblers have always been Skrill and Neteller. Aside from being tried-and-tested options, these two generally have lower fees than more popular ones like Paypal.
However, with the demand for cashless gaming and alternative payment methods, more e-wallets have come up. Check out our list of emerging digital wallets that are perfect for online gambling use.
This banking method started in Sweden in 2008, with only three people. Since then, they have expanded to nine offices on two continents, processing more than 9 million payments per month. Almost 500 online casinos accept this payment method, of which some are NordicBet Casino, Casinostugan, and LuckyDino.
This processing service started in France but has expanded to nearby European countries like Belgium, Italy, Spain, Switzerland, and even Australia. It works by selling retail and online vouchers that you can use to top up your gambling account. Nearly 200 online casinos accept this payment method, of which some are Uptown Aces, SlotoCash, Guns Bet, and Golden Star.
Another Swedish company established this service in 2012 to provide alternate payment methods to online gamblers. In terms of security, Zimpler has received licensing and certification from the Swedish Financial Services Authority. About 230 online casinos accept this payment method, of which some are Fastpay Casino, Casinonic, and King Billy.
This payment processing service started in Russia in 2008. In the next year, it became a standardized means of online transfer for residents. Once it partnered with the major financial player, Visa, QIWI has expanded its reach to more countries. More than 300 online casinos accept this payment method, of which some are BitStarz, Paradise Casino, and GunsBet.
Like QIWI, this service started in Russia, and mostly catered to its residents. Later on, the service became available in Eastern European countries. The accepted currencies are rubles, the hryvnia, euro, and US dollars. More than 200 online casinos accept this payment method, of which some are Golden Star, Everum, Surf, Oshi, and BuranCasino.