With cryptocurrency all the rage, especially when it comes to playing at an online casino, it’s important to look at other options as well. Many countries do not permit the use of cryptos, which makes looking for secure payment methods an essential component when choosing an online casino.
Thankfully, there are many top payment methods available to US players. These are regulated to ensure safe, speedy transactions occur. So let’s take a look at some of the best options for you.
Why You Should Pay Attention to Payment Methods
For many, thinking about the payment methods available is something very much overlooked. But this should not be the case. It’s imperative you choose payment options that provide secure transactions.
Depending on which payment method you choose, you may need to provide banking details. If you’re not using a secure, trusted option, your details may get hacked, and you could lose money. Top payment options will always have high-level encryption protocols in place as well as offering you 2-factor authentication and biometric password options.
You should also pick a safe payment option just in case something goes wrong. With crypto, if your payment goes awry, there is nowhere for you to turn to get help. If you’re using a centralized payment method, there are usually ways to get help and even retrieve the missing or stolen money.
Top alternatives to crypto
If you’re looking for something that’s not a cryptocurrency, then here are a few secure, speedy options you can use instead.
PayPal
One of the most popular, and well-known, eWallets in the world, it’s top for a reason. It’s super safe and offers an excellent transaction and payment service for thousands of retailers and e-commerce platforms. Alongside the fact that it’s widely available is the fact that it offers high levels of security. There is excellent data encryption for any transaction that takes place here. And, similar to other payment methods of this ilk, it acts as a middleman between you and the bank, so you never need to provide information to the casino you’re playing at.
It’s also got very speedy transaction times, which means you can start playing at your chosen casino immediately. Withdrawals are dependent on the policy of the casino you’re at. This is because casinos will have a processing period in place to check you’ve met any wagering requirements before you can withdraw. However, once this is up, PayPal withdrawals take less than an hour. It’s free to use too, and has some of the lowest fees when it comes to eWallets.
Trustly
This is one of the preferred payment methods in a growing number of countries around the world. Acting as a middleman, it means payments come from your bank account without you needing a specific app. It’s used by both retailers and banks, which means you don’t have to transfer the funds from each platform. Instead, Trustly does the work for you. That means you don’t share any banking details whatsoever when you make a transaction.
If you play at online casinos with Trustly, you can also be sure that your payments are instant. When it comes to deposits, these occur right away, so you can be up and playing in no time at all. Withdrawals are slower though, and you do have to verify your transaction. But once the casino’s processing period is up, the funds should be in your account in less than an hour.
Paysafecard
Similar to a debit card, Paysafecard is a secure option that sees you protect yourself from gambling too much. This is because it’s a prepaid option, so you do have to load your card with funds before you can use it. Much like any credit or debit card, a Paysafecard comes with a 16 digit card number and a PIN that you need to use when setting it up as a payment method. No bank information is shared at all, and all payments are super secure and private, and completely free.
However, not all casinos will offer Paysafecard withdrawals. In fact, many don’t, so you will have to consider a different payment method when it comes to claiming any winnings from your casino. With low minimum deposit limits in place, it’s not the best option for big spenders either.
