With the increase of the number of online payments, the number of such services – commonly known as e-wallet services – has increased a lot as well. If in the 1990s we had only a few options to securely and quickly transfer funds between internet users, the number of such services has grown a lot ever since. Back in the day, when Internet was young and free, PayPal was the only thing we used – now there are tens of similar services, some even providing their users with debit cards to be able to withdraw money directly from their accounts through ATMs.
The spread of online casino gaming has increased the popularity of such services a lot in the 20 years of their existence. Some services – like NETeller, for example – are known as the preferred payment method of online gamblers, for their flexibility, speed and permissive terms. PayPal, for example, effectively banned its use for transferring money to or from online gambling establishments, and until recently it wasn’t used by any online casinos.
The payment methods accepted by online casino operators are various, depending on the operator’s preference and the laws of the country of the players. Some casinos use only a few payment methods, that are available to all players, others list payment methods depending on their availability in certain territories. But let’s see an example: the Euro Palace online casino.
The list of the Euro Palace banking methods – available on their website under ‘Banking’ – are various and many, but not all of them are available for all currencies. Also, not all options are available for depositing and withdrawing funds as well.
The list of banking methods accepted by the Euro Palace casino – and all other casinos operated by Digimedia / Fortune Lounge group – includes all the ‘traditional’, like VISA and MasterCard debit and credit cards, virtual debit cards provided by entropay, pre-paid cards issued by paysafecard and Ukash, various bank transfer methods, available only in certain countries, and a great variety of e-wallet services – including the above-mentioned NETeller and PayPal, but many other services as well – Skrill, Click2Pay, EcoCard, ClickAndBuy, Instadebit, many localized Moneybookers services (CartaSi, iDeal, Nordea and so on) and others.
As I said before, not all methods are available in all currencies, and not all methods are accepted by the casino for depositing and withdrawing funds – if in doubt, check the dedicated section of the casino website before choosing a payment method.