If you’ve spent some time finding your way around the online casino industry and have decided it’s now time to have a go for real, the following article will help you navigate one of the first steps – how to deposit money at the venue of your choice. We’ll assume you’ve done your due diligence on the site you have in mind and are aware of the bonuses available to new players (read about that here) and are now fully prepared to take the next step. There are various methods available for transferring money and what’s below is a brief guide.
Credit and Debit Cards
The most obvious way of getting the money from you to an online casino, a credit/debit card is without doubt the quickest and most flexible way of getting the job done but there are a couple of drawbacks of which potential users should be aware.
Credit cards are of course a debt incurred by you and unless you’re using an interest-free facility you will incur charges in accordance with the interest rates set by the lender. They can also incur administration charges tied to each transaction so beware of that. A debit card will incur no fees as it only takes money from an account which can afford it but occasionally a bank will allow a user to go overdrawn using a debit card which may cost you money.
Perceived as an extremely reliable method of money transfer, the downsides are that there may well be a fee involved, especially when performing international transfers and if you’re impatient, this method s not for you; it can take a number of days, depending on transfer locations.
A Digital wallet (Net Wallet) stores all the information you want in a secure online location. It’s an efficient way to quickly access your credit card details, etc but the though of all that information in one place may not be for the nervous.
No fees and no risks, the prepaid card can be bought at any number of shops in exchange for hard cash and can then be cashed in at many online casino. The only drawback is that not all venues accept all types of prepaid card.