Deposit Options

Added: October 28, 2011
 
 

Introduction

Although a number of online casinos allow players to play games in the fun mode, players need to make real money wagers if they want to win those large cash jackpots. Players, therefore, need to make a deposit using any of the following deposit options before they can wager real money and win jackpots.

Credit Cards

Almost all online gaming sites permit players to fund their gaming accounts using Visa and Mastercard credit cards. Online casinos that welcome US players also have Discover, American Express, and Diners Club in their list of deposit options.

While players who live outside the US will find it very easy to use credit cards to move funds, those living in the US might have some frustrating experiences. Thanks to the Unlawful Internet Gambling Enforcement Law (UIGEA) of 2006, banks decline all transactions related to gambling, owing to which US players might find it difficult to use their credit cards for online gambling.

eChecks (ACH)

eCheck, as its name suggests, is just a check written online without paper. eChecks can also be created over phone and used to move funds from one’s bank account to one’s online casino account for wagering activities. The transfer of funds is almost instantaneous.

When players write an eCheck, they need to provide banking information such as account number, routing number, and so on. Players can rest assured that it is safe to divulge private banking information online because the best eCheck casinos in the industry adopt the latest 128-bit SSL encryption technology to keep players’ financial date safe and secure.

eWallets

Players who cannot use their credit cards to fund their gaming accounts need not despair; they can use any one of the large number of eWallets, also known as alternative deposit options. An eWallet is an online service that functions like a bank account. Players can register at an eWallet, use their credit cards to move funds to their eWallet account, and then transfer those funds to their gaming account.

While UseMyWallet, PasteandPay, Quicktender, Gold-Pay, MyPaylinQ, and MoneylineWallet are great for US players, international players can use eWallets such as Neteller, ECOcard, Click2Pay, Instadebit, Moneybookers, UseMyBank, WebMoney, ClickandBuy, PaySafeCard, and Entropay.

eWalletExpress

eWalletXpress is one of the most reliable online payment processors or eWallets in the industry. Customers can move funds from their eWalletXpress accounts to their online gaming accounts quickly and with ease. One can fund one’s eWalletXpress using 900 Pay, bank wire, money order, bank account transfer, and Xpress funds.

Once players register at eWalletXpress and fund their eWalletXpress accounts, they can visit their favorite online gaming site and choose to fund their accounts with eWalletXpress. The next step is the follow the instructions given. Transfer of funds is instantaneous and players do not have to pay any additional fees.

Click2Pay

Click2Pay bears a striking resemblance to PayPal. It is an online payments processor, enabling players to register an account, fund it, and then use those funds to purchase products and services online, including online gaming services. Customers can view transaction histories and access their funds anytime they wish and can shop online to their heart’s content without revealing any of their financial details. The system is safe, secure, simple, and instantaneous.

One can fund one’s Click2Pay account using credit cards and eChecks and withdraw funds using bank transfer, checks, or Virtual Visa. Click2Pay no longer accepts US customers, but continues to serve existing ones.

NETeller

Neteller stopped accepting US players on Jan 2007, but it is one of the favored funding option among non US players. Neteller is accepted as a banking method at all online gaming sites; moreover, a number of Neteller casinos offer instant withdrawals.

Neteller is an online payment processor, and customers can register accounts at Neteller. Once registered, they can fund their Neteller accounts using credit cards, EFT online checks, Instacash, and bank wire. Customers can also apply for a Neteller card, which they can use to access their funds faster. Armed with a Neteller card, players can withdraw casino winnings from any ATM across the world.

Moneybookers

Moneybookers is among the most popular payment options among casinos as well as players, and there is no dearth of Moneybookers casinos in the industry. Some casinos also offer special bonuses to players who use Moneybookers to fund their accounts.

Moneybookers is an online payment solutions provider, which enables customers to send funds to anybody with an email address. Customers can make deposits in their Moneybookers accounts using a wide range of options such as credit cards, bank wire, checks, and so on. The service bears a striking resemblance to PayPal.

Moneybookers is safe and secure and charges nominal fees for its services.

UseMyWallet

UseMyWallet, a US friendly payment option, can be used at casinos that accept QuickTender or UseMyWallet. Although UseMyWallet has recently appeared on the Internet, it belongs to an old and trusted company, the same that runs Ecocard, believed to sister site to UseMyWallet.

Customers can fund their UseMyWallet accounts using credit cards, Western Union, international bank transfer, or Moneygram, but they can withdraw funds using wire transfer only. Funds can be easily and quickly moved between UseMyWallet and players’ favorite casinos, and casino winnings can be moved from UseMyWallet to bank accounts through wire transfer, a process that takes around 2 – 3 working days.

EcoCard

Ecocard withdrew its services from the US market in August 2007, but reappeared as UseMyWallet and QuickTender. Players can use Ecocard to fund their online gaming accounts in pounds, Euros, or USDs. Ecocard is safe, secure, quick, and reliable.

Ecocard is a virtual prepaid card, which can be funded using bank wire, Moneygram, or Western Union. The next step is to visit one’s favorite online gaming site and select Ecocard as payment option. Registering for Ecocard is a quick and easy process, and the payment option is getting more and more popular because it is constantly evolving into something better.

Wire Transfer

Wire transfer is a popular payment option for high rollers who like gambling with lots of money. Players who want to transfer funds to their online gaming accounts using wire transfer need to request special instructions from their online gaming sites. They also need to provide personal bank details such as name of the bank, account number, routing number, and so on. The time taken for the funds to reach the gaming account depends on the casino and the bank.

Players do not need to worry about revealing their bank details because online casinos employ the best online gaming security technology to protect sensitive data.

Drake Casino