To win money you need to deposit money (and choose payment methods) into a player account. When choosing an online casino there are many important factors that you should consider. Casino welcome bonuses, the first deposit amount, turnover requirements and which payment methods and withdrawal options offered.
Choosing the right payment method not only ensures you receive the money in your personal account but also helps reduce waiting time and transaction fees. So, before you register a personal player account with an online casino you better take your time to analyze the different banking alternatives and select the best option for you.
To help you make the right choice, here’s a review of the top 7 payment methods and we have included information about some popular banking options for the fast-growing Japanese market. Anyway, let’s start with the preferred all-time favorite.
Credit cards have always been the favorite payment method for European online users doing shopping, sports betting, etc. However, it is important to keep in mind that not all countries allow withdrawals with Visa cards. So, make sure there’s availability in your country before registering in any online casino. How would you deposit money into Ultra Casino? Or how would you withdraw your winnings from Caxino?
Another important thing to keep in mind when selecting these payment methods is that transactions are usually done through a payment processor. While your deposits are done immediately to prevent interrupting your game experience, to withdraw you will need to go through identity verification.
Despite being the most common method, credit cards are not the only ones used. Some players prefer to keep their gaming accounts away from their credit cards. Luckily there are many other options to deposit and withdraw money right to your account.
Trustly is another favorite payment method among experienced online casino players and sports betting gamblers. It allows you to make deposits or withdrawals from and to your online bank account. This alternative is fast and 100% safe, which keeps your operations and data safe.
One of the best things about this alternative is that you don’t need to go through a registration process or download any additional software. All you need to operate with Trustly is your credentials for your online bank and that’s why casino like Mr Vegas & co love this payment option.
If you have been shopping online, then you know this popular alternative! You probably have; Paypal is a payment method that has millions of users from all around the world but you need to Google PayPal casinos to find out which Will accept your deposit in 2022.
Paypal is used every day to send and receive money and even to process payments online for different platforms and stores. Creating a new Paypal account is easy and fast to do, and the best part is that is free. It means that you don’t need to pay any fees to create your account, you’ll only need an email address and link it with your credit card or bank account.
It is a perfect alternative for those that want to keep their bank information away from their gaming accounts. Payments are processed immediately through Paypal and can be used as soon as you get them. However, it is important to keep in mind, that the platform charges its own transaction fee.
LINE has close to 100 million monthly active users, which covers a significant part of Japan’s population and it’s a mobile app ‘everyone ‘ is using which made it very powerful in becoming part of the life infrastructure providing important services for Japanese people and our own candidates.
The instant Messenger platform has moved into the social media sphere and cashless banking. LINE has become one of the most used platforms for online payments for Japanese players through virtual cards.The users can quickly and easily process payments by entering their passcode whenever they need to process a deposit. You can link your LINE e-wallet with your credit card or bank account and it’s instant money transfer after signing. Users can also process payments to other LINE users, so you can also use the alternative for withdrawal.
JCB is another Japanese payment processor created in 1961, and it has gone outside its borders. It is the only Japanese payment provider that operates on an international level. The number of stores and merchants supporting JCB is constantly growing all around the world. It offers a contactless card, created with EMV(R) Contactless Communication Protocols. This allows users to do their transactions safely, quickly, and easily. JCB offers excellent customer service, focusing especially on international clients and It allows customers to collect points that can be used in coffee shops, convenience stores, etc.
The online casinos which support this payment method take great pride in how simple it is to make a deposit using JCB. You’ll just need to select the payment method, select the amount, and input some required information.
As globalization helps businesses and stores expand all around the world, so does the iGaming industry, with online casinos being visited by users from every corner of the planet. This means, that global payment methods have become a necessity not only for entrepreneurs but also for clients and online players. ecoPayz offers users the possibility to spend their money online to buy products or services, and of course to make deposits to their favorite online casinos. Since you can also receive payments in your account, many casinos also offer withdrawals to ecoPayz accounts. Ecopayz is the second most used withdrawal method in Japan but it also has a big percentage of depositors in Japan.
The best thing about this option is that you don’t need a bank account or credit card to open your account. In addition, it is completely free, meaning you won’t have to pay any fee to start using your account. The company takes great pride in offering a fast and 100% secured process.
Japanese platforms have gained popularity over the past years. Why? Because they offer secure, and fast payment platforms for users from different places in the world. In addition, the customer service they provide is remarkable, making users feel comfortable when they need to ask any question or request for support.
Venus Point is one of these amazing alternatives; it has become the go-to option for many experienced users in the Asian iGaming market also because it’s a favorite when it comes to withdrawals. One of the reasons why so many people chose this platform is that it allows you to make secure and fast transfers to third parties, and is perfect to make deposits to your online casino account.
All the money in your Venus Point account is considered “points” meaning you can send and receive “points” from other users. Then, the platform gives you the possibility to change these “points” to your local currency, making it the perfect option for international payments.
We have gone through some popular payment methods in Europe and Japan, but what to expect in the future? There are some trends to look out for in the next few years. Cryptocurrencies have already entered the iGaming industry and it’s gonna be interesting to see how the different operators will adopt this payment method into their payment portfolios. There is a rapid increase in mobile payments and the market is getting more regulated. We have already experienced that it will be more difficult to deposit money to your favorite bookmakers and online casinos. It’s all about staying compliant and the big focus on player protection.