Digital wallets are becoming increasingly popular among online casino players for a variety of reasons. Otherwise known as a Web Wallet or e-Wallet, this perfectly secure online payment solution enables players to process rapid and secure online transactions from their chosen online casino accounts directly to their digital wallets.
One of the most famous e-Wallets out there today is PayPal, which is now accepted at a growing number of fully licensed online casinos. It can be used to deposit money at online casinos and withdraw winnings when the time comes to cash out. Here you can find out why digital wallets have become a popular choice for online gamblers around the world.
What are digital wallets and why are they so popular?
There are many different types of online payment options out there today, and some are better than others. Depending on where you are playing and from what device you are using will often determine exactly which online payment options are available to you. For example, if you were to play at 32 Red mobile casino, you could use PayPal – perhaps the most well known of all digital wallets – to deposit and withdraw.
You would need to start by signing up to PayPal and then connecting your PayPal account to your personal bank account. Only then can you start sending money from your bank account to your PayPal account and use PayPal to buy goods at thousands of online merchants that accept PayPal. You can also do the same with several other popular e-Wallets, such as NETELLER and Skrill.
What is PayPal?
PayPal is one of the most recognised digital wallets in the world, and it comes with extremely high levels of security, which is what makes it so appealing to players. Two of the other major factors that make e-Wallets, such as PayPal, so popular are that PayPal is really easy to use, and the deposits are usually processed in an instant. PayPal is free to sign up to, and it can be used for deposits and withdrawals. However, withdrawals can take up to a couple of hours, which is the case with most online casino withdrawal methods, not just PayPal.
Another thing that makes PayPal such a popular online payment method is that you can generally deposit as little as £10. To use PayPal, simply login to your chosen online casino account, head to the cashier section, and then click on the PayPal option. All you need to do now is follow the simple onscreen instructions to carry out the transaction.
One of the only things you need to be aware of is that if you deposit with PayPal at an online casino, you would also have to withdraw with PayPal. You couldn’t deposit with PayPal and then withdraw with NETELLER. The same method must be used both times.
What other e-Wallets/Digital Wallets/Web Wallets are accepted at online casinos?
You can now find somewhere in the region of 25 trustworthy digital wallets. As mentioned, NETELLER and Skrill are just two examples that are just as popular among online casino players as PayPal. You will find that many online gamblers have active accounts with one or more of these trusted methods and multiple online casino accounts. For example, some online casinos will accept PayPal, but they won’t accept Skrill or NETELLER, and others won’t accept PayPal, but they will accept Skrill and NETELLER, which is why it’s a good idea to have an account with more than one digital wallet.
Some of the other reliable e-Wallets out there today are ecoPayz, Trustly, EPS, Citadel, entropay, and ClickandBuy. They are all free to sign up to, and they are generally free to use. However, you should always read the fine print before signing up to any of these trusted online payment solutions. Some of these e-Wallets are also more ‘country-friendly’ than others too.
For example, UK players may have access to certain e-Wallets that players from America, Australia, South Africa, or France would not have access to. This is why it’s always best to check which e-Wallets are accepted at the casino before you actually register a new account.