How secure are your payment details when playing at Online Casino?
These days we are doing almost everything digitally. That’s why it is important that when we are doing any type of financial transaction online that such transactions are safe and secure.
The top online casinos in America usually offer many various types of payments to choose from. But, which one is right for you?
Our guide will rock you through the different types of payment methods accepted at legal online casinos across the country.
We will only be looking at legal, licensed casinos as offshore/illegal online casinos are not held to the same standards and regulations. Playing at online casinos that are licensed and properly regulated is the only way to ensure your personal and financial information stays safe.
*Did you know?The most popular online payment method continues to be credit/debit cards. VISA and MasterCard are accepted at all online casinos in America.
Most common Payment Methods Online in America
The most commonly used payment methods in American fall under three main categories:
- Credit/Debit Card
- Play+ Cards
Credit/Debit cards are the most popular payment method for deposits. ACH transfers and PayPal are the most common transaction used for withdrawals.
|Payment Method Name||Type||Average Deposit Time||Average Withdrawal Time||Provider’s Transaction Fees||Casinos|
|Visa||Credit Card||Instant||N/A||Between 0.8% to 3.8 %||All online casinos in America|
|MasterCard||Credit Card||Instant||N/A||Between 0.8% to 3.8 %||All online casinos in America|
|Discover||Credit Card||Instant||N/A||Between 0.8% to 3.8 %|
|American Express||Credit Card||Instant||N/A||Between 0.8% to 3.8 %||
|PayPal||eWallet||Instant||1-3 days (Please allow up to 10 days for the transaction to appear in your account. This varies between operators.)||No Fee|
|Skrill||eWallet||Instant||1-3 days (Please allow up to 10 days for the transaction to appear in your account. This varies between operators.)||Skrill charges a fee of 2.9% to load an account using a Visa or MasterCard card and a fee of 7.50% to load an account using a Paysafecard prepaid card.|
|Neteller||eWallet||Instant||1-3 days (Please allow up to 10 days for the transaction to appear in your account. This varies between operators.)||
The regular NETELLER fee for sending money is 1.45%, min USD 0.50.
|ACH transfer/e-check||Online bank transfer||Instant||2-5 days (depends on the operator)||No Fee||All online casinos in America|
|Casino Play+ Card||Prepaid card||Instant||Instant||No Fee||
|VIP Preferred||Online Bank transfer||Instant||2-3 days||No Fee||
|PayNearMe||Cash / 7-Eleven||Instant||Instant||No Fee||
All online casinos in America
|Check||Check||N/A||2-3 days (Up to 10 days for delivery)||N/A||
The different types of payment methods
American casino players will see that there are a lot of different options available to choose from when it comes to payment methods. Which one is available to you is dependent on the online casino you choose to play at.
The most popular payment methods for both deposits and withdrawals are available at all American casinos.
Here is a shortlist of what players can expect to find:
Debit & Credit cards
The most popular payment method used for deposits at online casinos is credit/debit cards. This type of transaction is one of the fastest and most secure payment methods available.
VISA and MasterCard are accepted at all online casinos in America. However, American Express and Discover Card users will find their options limited.
Players should contact their banking or credit card companies before using their card for online casino transactions to avoid being flagged.
VISA & MasterCard
VISA and MasterCard are accepted as deposit methods at every online casino in America.
However, this payment method is not available for withdrawals and players will need to link their card to their PayPal or ACH accounts.
Other Credit Cards
A few online casinos also accept Discover and American Express cards.
If a player is using their PayPal account linked to a Discover or AmEx card and the online casino does not accept those cards as payment methods, it is likely the transaction will be declined.
Casino Prepaid Cards
Many online casinos push for players to apply for a “Play+ Card.” A Play+ Card is a prepaid card that can be used for deposits and withdrawals. This is the fastest payment method available.
Players will have to order their Play+ Card directly from their online casino. Play+ Cards are linked directly to a player’s bank account just like a debit card would be.
There are no additional fees to players for any transaction.
Another popular payment method at online casinos is using an e-wallet.
Deposits made with e-wallets are instant and withdrawals are faster than some other payment methods.
PayPal is the most commonly accepted e-wallet at online casinos in America.
PayPal transactions are free of additional fees and can be used for deposits and withdrawals.
Skrill is another popular e-wallet accepted at some online casinos in America. This payment method is not as commonly accepted as PayPal is and comes with some additional fees.
Neteller is the other e-wallet also accepted at online casinos in America. However, the number of casinos that accept Neteller is also limited and it too comes with additional fees attached.
Bank transfers are the most reliable and secure payment method available to online casino players.
Remember, all personal and financial information is encrypted at legally licensed online casinos in America. This helps keep all your information safe and secure.
Automatic Clearing House, or ACH, transfers are accepted at all American online casinos.
There are no fees attached to ACH transactions and deposits and withdrawals can be processed quickly.
Top banks across the country allow players to use this payment method for online gambling. Here is a shortlist of such banks:
- Bank of America
- HSBC Bank USA
- ING Direct
- TD Bank
- U.S. Bank
- Capital One 360
- New York Community Bank
Some online casinos also offer what they call a VIP Preferred method of payment. This method uses the same ACH transaction method, but also gives players access to higher limits and allows them to instantly cash e-checks up to $500.
PayNearMe is a payment method for players who prefer to do in-person transactions.
Players can go to specific locations to handle all their online casino deposits and withdrawals. Locations are determined by the online casino. Examples of commonly used locations include a 7-11 convenience store or a local pharmacy.
Players who use this payment method will be provided a barcode by their online casino. The cashier at the physical location will need to scan the barcode to engage in any transactions.
Cash at the Casino Cage
A player can also go directly to the land-based casino’s Cage to handle all in-person transactions.
Players will be required to show a valid ID and casino account information.
Update: Due to COVID-19 restrictions, this type of payment method is not available at this time. This is expected to change as land-based casinos continue to reopen around the country.
*Did you know?PayPal continues to be one of the fastest-growing online payment methods in the world. In 2020, PayPal grew by over 24% compared to the previous year-to-year metrics. This measure was tracked via the number of active registered accounts.
Solutions to common issues
Players may encounter a number of issues when it comes to deposits and withdrawals at online casinos. Most answers to common issues can be answered on the FAQ page of the casino’s website. If the FAQ does not have the answers you seek, you should contact the casino’s customer support team for assistance.
Below is a list of common issues at online casinos regarding payment methods.
1. I can’t find where to verify my payment methods
Players should be able to verify their payment methods in their profile account. If you see the payment transaction has gone through but it is not showing on your account, you should contact customer support immediately.
2. I can’t change my payment method on my account
Players should be able to change their payment method under their account settings. Other places this might be located might be on the Banking or Cashier page on the casino’s site.
3. I can’t remove my credit card from my account
Players should be able to update or delete their credit card information on their account directly. If you continue having issues with this, you may need to contact your bank or credit card company for assistance
4. In-game deposits from my mobile are not working
Players should allow for some lag time for deposit transactions. If you have waited for over 24 hours and still do not see your transaction posted to your account, you should contact customer support for assistance.
To avoid possible duplicate transactions, players should never attempt to retry a transaction.
5. I am unable to withdraw my winnings
There are a number of reasons players may have issues withdrawing their winnings at an online casino.
The most common issue is that the player has not met the wagering requirements of their bonus. This is why we always recommend that a player fully read all terms and conditions regarding any bonus before opting into it.
The second most common issue players may encounter is that their payment method of choice may require additional steps to verify their identity. Players should check their payment method provider to make sure they are aware of all necessary steps to properly withdraw their winnings.
*Did you know?The top online casinos in America offer 24/7 live chat customer support. This puts players in touch with a representative in a matter of minutes to assist with questions and concerns. BetMGM and Golden Nugget are examples of online casinos that offer this feature to their players.
Top 4 Extra tips to help you decide on a Payment Method
1. Speed is Everything
Online casino playing is all about speed and convenience. Players do not have time to be waiting on slow-moving payment transactions. Credit/debit cards are the fastest method for deposits, and ACH transfers are the fastest method for withdrawals.
2. Secure = Safe
It is always necessary to ensure that your personal and financial information stays secure when using the internet. All information provided to legal, licensed online casinos is encrypted to help keep you safe.
Players who choose to use offshore/illegal casinos are not guaranteed the same security.
3. Do Your Homework
Always read the fine print on any terms and conditions. Online casinos put a lot of important details in them, especially in regards to any bonuses or promotions being offered.
Players should be on the lookout for wagering requirements, additional fees, and time limits that may be attached to any offer at an online casino.
4. Alert Your Payment Method Provider
Alert your bank or credit card provider to let them know you intend on using your account for online gambling purposes. This will help keep your account from being flagged as you attempt to make any online transactions.
*Did you know?American online casinos take responsible gambling seriously. Many offer players deposit limit tools to allow them to set limits on how much money can place into their account at one time.
How to place a deposit and withdraw your winnings
Here is a step-by-step guide for making a deposit and withdrawing your winnings at online casinos.
How to place a deposit
Most casinos make deposit transactions easy:
- Go to the Cashier page
- Select your payment method
- Enter the amount to be deposited
- Review details and confirm the transaction
How to withdraw the winnings
- Go to the Cashier page
- Select your withdrawal method
- Enter the amount to be withdrawn
- Review details and confirm the transaction
Players should allow 3-5 business days on withdrawal transactions dependent on their chosen payment method.