The Safest Banking Methods To Use At An Online Casino

These days, online casinos offer all sorts of different payment methods. They all come with their pros and cons, but security should always be your top priority. Unfortunately, cyber threats are becoming increasingly common. Therefore, ensuring your financial transactions are always totally protected from fraud and hacking is absolutely vital. 

Here, we’ll look at some of the safest methods you can use at an online casino. Thus, you can always play with complete peace of mind.

PaysafeCard 

The clue is in the name. PaysafeCard is one of the safest ways to make your deposit at an online casino. That’s because you won’t need to share your banking details online. Instead, it works just like a prepaid voucher. You can simply buy it at a shop or online and enter the details on the casino’s payment page.

Why PaysafeCard is So Safe for Online Casinos?

• You won’t need a bank account or card. You can simply buy a PaysafeCard with cash or some other payment method and keep your bank details completely private.
• Your transactions will be processed using a one-off 16-digit PIN, which adds an extra layer of security.
• There’s no risk of overspending. You can only spend the amount you’ve put on your card. So, it’s great if you’re trying to manage your money.
• Because it’s such a good option, it’s accepted at literally thousands of online casinos all over the world. FruitySlots lists the best Paysafe casinos right here!

PaysafeCard is certainly a great choice for making deposits. However, you can’t use it for withdrawals, so you’ll need to choose an alternative.

E-Wallets

E-wallets also deserve a spot when listing the most popular and secure payment methods to use at online casinos. These are essentially digital wallets that act as a middleman between your bank and the casino. Moreover, they help to reduce the risk of fraud. Some of the best eWallet options include: 

• PayPal – Comes with buyer protection and two-factor authentication (2FA).
• Skrill – Totally instant transactions with security features like two-step verification.
• Neteller – Famous for its super-quick withdrawals and excellent security measures.

Why E-Wallets are So Safe for Online Casinos?

• You won’t need to share your banking details. Because you are using a middle-man, your financial details won’t be passed to the casino.
• E-wallets offer much quicker withdrawals than most other banking methods.
• They use the most advanced security features to keep your money safe.

If you’re after the quickest, most convenient, and most secure way to make deposits and withdrawals, e-wallets are excellent.

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Bank Transfers 

Bank transfers will always be one of the most secure ways to make those deposits and withdrawals at online casinos. They may not necessarily be the fastest, though.

Why Bank Transfers are So Safe for Online Casinos?

• They come directly from your bank, meaning that transactions must go through your bank’s security system, adding even more protection.
• They use strict ID verification, which helps prevent fraud and any unauthorized transactions.
• Because they offer higher transaction limits, they’re great for high rollers and anyone who wants to make a large withdrawal.

However, while bank transfers are undeniably safe, they can take a fair few days to process – and there are some casinos that also charge fees.

Debit Cards

Then we have debit cards, which is probably the common way to play – and it’s also a very secure way to deposit your money at an online casino.

Why Debit Cards are So Safe for Online Casinos?

• Banks offer chargeback options if any fraud on your account happens.
• Practically every online casino supports debit card payments – for deposits and withdrawals.
• You can make super secure transactions using some of the most advanced SSL encryption technology.

However, you will need to be aware that some banks will block gambling-related transactions – and your withdrawals can take a bit longer compared to e-wallets, potentially up to 5 working days.

So, there you have it, our list of the safest – and best online casino payment methods. You just need to choose the one that’s best for you!