When it comes to choosing the right platform for your gaming needs, it pays to consider the reliability of the casino payment methods. Aside from the games catalog, the Cashier section of a casino is a critical section that can either promote a ‘hit or miss’ casino experience. Choose a casino with poor coverage of the available casino payment methods and you end up not enjoying your account.
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But when you choose a gaming platform that accepts the leading payment methods, then you are on the road to a memorable casino experience. So what are the leading casino payment methods and what should you look for in the Cashier’s section of a gaming platform? We describe below the basic requirements you should consider when shopping for an online casino.
Casino Payment Methods - Popular Options in the Business
If you are new in online casino gaming, then you will discover that there are certain casino payments that are more popular than the rest. And you know that these payment options are popular because the majority of these payment methods are carried and supported by top casinos. Here’s a quick look at the top casino payment methods available for players from the Philippines and the rest of the region:
- Credit and Debit Cards. Represented by Visa and Mastercard, credit and debit cards are considered popular payment options. These two card companies are recognized globally are known for fast and convenient transactions and the use of advanced security protocols. When you choose an online casino debit card or credit account to fund your account, you will be presented with easy-to-follow steps, instant to fast transactions, and secure transactions.
- E-wallets. When it comes to fast and reliable online casino payment methods, you can’t go wrong with e-wallets. As the name suggests, e-wallets are your online wallet and account that lets you send, store, and receive funds. Using your email address, you can easily create an account and use it to fund your casino account. Some of the popular e-wallets that you can use online are PayPal, Skrill, ecopayz, qiwi wallet, WebMoney, Coins.ph and Neteller Philippines. The main advantage of e-wallets is convenience and speed of transactions. When you use an online casino PayPal withdrawal option or online casino Skrill deposit option, you can enjoy instant processing of your request. Some casinos may credit the account within 24 hours up to a maximum of 3 banking days.
- Bank Transfers. Most online casinos that accept players from the Philippines will allow you to transfer funds from your bank to your casino account. An online casino bank transfer is a popular option but comes with its own set of pros and cons. If you are looking to deposit or withdraw a huge sum of cash, often exceeding $1,000, then your main option is to choose an online casino bank transfer. Compared to other casino deposit methods, bank transfer often accepts unlimited amount transfer or at least allows a higher limit for fund transfers. The drawback is the processing times offered by most casinos. As one of the online casino payment methods, bank transfer often takes 5 to 7 days before the funds can be transferred.
- Bitcoin and other cryptocurrencies. When looking for casino withdrawal methods, you will also note the presence of Bitcoin and other cryptocurrencies. Cryptocurrencies are gaining in importance and popularity and you can also use this to transfer funds to your account. Compared to other casino withdrawal methods, Bitcoin offers a more secure and private casino experience.
Other Things to Keep in Mind When Checking the Cashier Section
The availability of the top online casino payment methods is just a primary concern when assessing different platforms. On top of this concern, you also need to consider a few more things to ensure a stress-free, convenient, and secure gaming experience.
As a player, it all boils down to what’s available and your personal preference. If you currently own or manage a PayPal account, then it’s natural that you will look for online casinos that accept PayPal. With an online casino PayPal withdrawal facility, you can enjoy fast service and you are no longer concerned about creating a new account with another e-wallet provider. If you prefer the convenience and security of credit and debit cards, you should check out online casinos that accept debit cards for your online casino debit card transactions.
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It’s also critical to check the processing schedule of these payment options. Although all of these casino payment methods are familiar and recognized, not all can provide you with fast transactions. As a player, you should always consider the processing times for transactions. Also, check out if the casino imposes a pending time for all transactions. The pending time is different from the actual processing time in most casinos. For convenience, you may want to check out casino payment methods that accept instant processing or least completes requests within 3 days.
For instant transactions, you can’t go wrong with e-wallets like PayPal, Neteller, and Skrill. Online casino Skrill deposit or Neteller transactions are often processed instantly. If you are time-conscious, you may want to skip an online casino bank transfer. But if you are planning to request a large sum of money, then an online bank transfer is your best option.
💸 Which payment method is faster?
If you’re looking for a fast payment method, E-wallets are developed for that purpose. Some credit and debit cards might have this feature but it depends on your service provider.
🎁 Can I benefit from casino bonuses with every payment provider?
Keep in mind that every casino bonus has different payment terms, and you should check them before you sign up.
💳 Which is the most secure payment method for online casinos?
Every casino which is licensed and accepts Filipino players can be considered safe.
Table of Contents
- 1 Best Online Casino sites in the Philippines for 2020
- 2 Casino Payment Methods - Popular Options in the Business