How Do I Deposit Money In A Live Casino?
A casino establishment is generally judged by the reliability of its payment and money managing systems. Players face many hassles when it comes to completing their payment or transactions in online live casinos and keeping their wallets full to play more. This problem is a result of the unregulated market of online transactions in the world of online gambling.
One of the critical factors to keep in mind while transacting is to deposit money in the local currency. It is essential to transact in the right currency while playing casino games online. This ensures that you get your game money and rewards in the correct form.
In the earlier days of online casino gaming, there were only two ways of making a deposit- bank accounts and card transactions. However, the world of online banking has evolved since then to bring faster and more secure methods of transacting money. With this in mind, people can now use digital wallets, bitcoin, net banking, wire transfers, and pre-paid cards as safe options for transferring money from one account to another.
Here is a list of the five most common payment methods to use in a live casino:
Bank Transfer
This is one of the primary methods used by casino enthusiasts to transfer money to their online gambling accounts. Bank transfers are a preferred method when large transactions and transfers of money are involved. Bank transfers generally take three to five days to process and reflect in the casino account. All major banks facilitate these transactions. This is the safest way to send money on the internet.
Debit/Credit Cards
Card payment is another common way of payment accepted by online casino websites and operators. Most people use their Visa or Mastercards to replenish their gambling account. However, it is essential to note that sometimes the deposit can be canceled. Many card companies decline to send payments to gambling websites, often marking it as a fraudulent transaction. This problem doesn't exist with reputed online gambling platforms like LeoVegas, where payments are easily accepted by all banks.
Net Banking
Net banking is fast emerging as a popular way to transfer money from one person to another. This is a highly popular way to make payments online. In this method, players use the National Electronic Funds Transfer or the Immediate Payment Service to pay for their casino games. The critical difference between NEFT and IMPS is that NEFT is not available during the holidays or at the weekends. Therefore, all those playing during their off-times should be careful about the mode of payment they are using.
E-wallets
Also known as digital wallets, e-wallets have become hugely popular with the younger crowd due to the ease of access and portability of the transaction method. Google Pay, Skrill and Neteller are some of the most popular e-wallet apps out in the market that allow you to make hassle-free transactions with online casinos.
To use an e-wallet service, all you have to do is download the app on your mobile and login to the service with your banking details. Once your account has been set up, you can quickly transfer and receive money transactions from your casino account instantly. When compared to bank transfers, e-wallets facilitate a much easy transfer of funds. It is an instantaneous and secure mode of transaction that is enabled by third-party apps.
Mobile Payment
Mobile payment is another example of a third-party application that facilitates a smooth transfer of funds from one account to another. Popular options include Apple Pay, Zelle, Paytm, Airtel Money, and Mobikwik. It is important to note that mobile payment options are generally not available at most online casinos. However, if you find casinos that support mobile payment, we highly suggest that you go for the option. Like e-wallets and net banking, mobile payments represent a modern banking system that is safe, secure, and really fast. They use advanced SSL encryption to ensure that your money is only reaching your gambling account and nowhere else.
