The Casino Gorilla has been playing online casino games for a long time, long enough to know exactly what casino gamers want and what they get really annoyed by. When it comes to the latter, processing payments is one thing that can make even the most even-tempered player blow a fuse. You don’t want to see the Casino Gorilla when he gets mad, but unnecessary delays when trying to make a deposit or withdraw some cash will get the big guy’s blood boiling. That’s why we always try to ensure that our recommended casinos offer plenty of payment methods and don’t mess about when it comes to withdrawals.
Online casino money transactions
If you are new to the online casino games, then you may be a little hesitant when it comes to making your first deposit. The good news is that we only list the best and most secure casinos, so you can trust them with your hard-earned cash. Making your first deposit is simple:
- Simply go to the ‘Banking’ section of your online casino account once you are logged in, and you will be able to make a deposit and start playing real money casino games.
- Make sure firstly to choose the correct currency – unless you have already done that when you registered with the site – and don’t worry if your country’s currency is not an option. You can select any of the available options and when you deposit the money you deposit will be exchanged to that currency.
- Now you simply select the payment method which suits you best.
For many people this will be a debit or credit card, and Visa and Mastercard are available at the majority of online casinos. The most common payment methods are:
- debit or credit card (Visa or MasterCard)
- electronic wallets (like Paypal or Neteller)
- instant online bank transfers (such as Klarna)
- online voucher systems (like Paysafecard)
- virtual card payments (like Entropay)
They can all be used to fund your account instantly. If you prefer to make a traditional bank transfer you will expect to wait a few days, while the same goes if your casino still allows you to send cheques.
Electronic wallets are the speediest withdrawal methods, with bank transfers taking the longest time.
Withdrawals are usually checked individually to make sure they go to the right person, so for this reason they take longer than deposits. Make sure you have verified your identity with the casino before your first withdrawal to make the process faster. For security reasons, the casino will pay out your money to the same account you used to fund your casino account in the first place. If this is not possible – for example Mastercard do not allow withdrawals in some countries – then money will be sent to your bank account instead. Electronic wallets are the speediest withdrawal methods, with bank transfers taking the longest time, sometimes up to 10 working days. Most online casinos do not charge fees for deposits or withdrawals, but you should check the Banking page to make sure about fees.
Most trustworthy payment method providers and payment methods at online casinos
With so many different payment options to choose from it can be difficult to know which one is best for you. As a general rule, most online casinos do not charge players for making deposits or withdrawals, so it is simply a matter of choosing which method is most suitable for your needs. The player must decide whether processing speed is a priority, whether a method with a high deposit and withdrawal limit is best or whether the ability to remain anonymous is the. most important. Check out the Casino Gorilla’s quick guide to some of the most popular payment options below:
Neteller is one of the most widely used payment methods to fund online casinos. This is an online electronic wallet which can be funded via your bank account. Once your Neteller account has been funded then you can start using it to make deposits to your online casino account. The advantage of using Neteller is that this is one of the fastest methods to make both deposits and withdrawals. Deposits are instant and withdrawals generally are processed within 24 hours by most casinos, and even faster than this by some.
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Skrill is another electronic wallet which is very commonly available in the world of online gambling. Skrill (formerly known as Moneybookers) offers the same speedy deposits and withdrawals as you will find with Neteller. Again, most casinos do not charge fees for depositing or withdrawing via either Skrill or Neteller, although as with Neteller, fees may apply when it comes to transferring money between your Skrill account and your bank account. Deposits are instant using Skrill and withdrawals are usually processed within 24 hours.
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Trustly is a Swedish-based company widely available in Europe which allows users to make online bank transfers. This method is available in 29 countries around Europe, and is a fast and easy way to transfer funds quickly online. As long as your bank is part of the Trustly network you can make an instant deposit without having to worry about entering card details or even registering with Trustly. Simply select this option from the cashier and make your online transfer as you normally would. Trustly do not charge fees for online fund transfers. Trustly can be used for both deposits and withdrawals.
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One of the most popular online payment funding methods, Mastercard is widely used all over the world. Mastercard allow instant funding to just about every online casino, and normally no fees apply for either deposits or withdrawals. One drawback of using Mastercard to fund your account is that the majority of countries (apart from the UK and Ireland) do not allow gaming winnings to be paid back to a Mastercard. If this is the case then you would be required to use bank transfers to withdraw your funds, which is a slower method.
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Visa is the second debit and credit card provider which can be used at virtually all online casinos. Just like Mastercard, Visa offers instant deposits without any charges being imposed in most cases. This multi-national company is offered throughout the world, but unlike Mastercard it does not face the same restrictions when it comes to withdrawals. This means that you should be able to both deposit and withdraw funds to the same Visa card. Note that in some territories bank cards are not allowed to make transactions to and from online casinos, in which case you will need to try an alternative option.
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Euteller is an online fund transfer method which is exclusively available for residents of Finland. So if you are not Finnish, then you can finish reading this section. Similarly to Trustly, this method allows users to transfer funds to the online casino direct from their Finnish online bank account. This allows players to make completely secure and anonymous payments, as your bank details will not show that you have been funding an online casino. Euteller is the intermediary between the bank and the online casino.
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EcoPayz is another online electronic wallet which allows users to make online deposits and withdrawals. This is a safe and reliable way to transfer funds in a hurry and makes a good alternative option if debit cards or credit cards are not your preferred option. This system also offers the ecoCard for making secure and confidential transactions online. As with all the other electronic wallets mentioned here, you can fund your EcoPayz account from your normal online bank account.
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Zimpler is a Swedish-owned mobile payments system which was created in 2016. Formerly known as Pugglepay from 2012, since being rebranded this payment method has been popular with residents of Sweden and Finland. Only four countries currently offer this payment option, including the UK, so it has a somewhat limited audience in that regard. Simply use your smartphone to make hassle-free deposits and withdrawals to the online casino of your choice. This is a very secure payment option and a great choice for mobile casino gamers.
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Paysafecard is a great way to make online deposits. This is a voucher system, so you simply purchase a card at a local store. Use the unique 16-digit code to make your deposit instantly and without any fees being imposed. This is a completely anonymous payment option and perfect for topping up your online casino account. One drawback is that withdrawals are not permitted so you may have to have your funds sent back to your regular bank account.
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Although bank transfers are the slowest method of moving funds, they may be the only viable option if you wish to make large transactions. Deposits can take up to three to five working days, and withdrawals can potentially take up to ten working days depending on your bank and country of residence. For these reasons direct bank transfers are not a popular option for those casino players wishing to fund their accounts with relatively small amounts. However, high rollers who need to make transactions in the thousands may find the bank transfer method to be the best option as limits are usually higher when using this method.
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Paypal is the world’s most popular electronic wallet, allowing for quick and easy money transfers in seconds. Perfect for online casino transactions, except unfortunately most casinos are unable to offer Paypal as a funding method due to restrictions on its use. If you are resident in the UK you may be able to find online casinos which offer Paypal as a payment method, but otherwise you should choose another e-wallet like Skrill or Neteller.
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Bitcoin and other cryptocurrencies
More online casinos are starting to offer Bitcoin and other cryptocurrencies these days, as their reputation stabilises. For many people, funding using these online currencies is a perfect option due to their anonymity and speed of processing. We are not at the stage where a majority of casinos are offering Bitcoin and other cryptocurrencies, but they are available at more and more sites now. Funds are transferred for free via electronic wallets, and the process is quick and easy. Bitcoin is still the most popular cryptocurrency, but you can find alternatives such as Litecoin, Ethereum and Peercoin at selected online betting sites.
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Trustworthy online casinos
Remember that the Casino Gorilla only recommends the most secure and trusted casinos, because we want you to be able to enjoy the best online casino gaming with confidence. We check the important factors like:
- casino licenses
- software encryption
- whether the site has been independently checked to ensure that it pays out fairly
We also research online for any negative stories about casinos as well as to get player feedback. Only after all of these have been satisfied are we happy to add an online casino to our list of chosen options. The last thing you want to have to worry about is whether a site is secure or not, so rest assured that you can always trust the Casino Gorilla to point you in the right direction.
There are so many factors to consider when it comes to finding the best online casinos, and transactions should come at the top of everybody’s list. The ability to make smooth and hassle-free deposits and withdrawals is a crucial part of the casino gaming experience. Factors like the speed transactions are processed, the security elements and how easy payment methods are to use are all important considerations. The fact is that not every payment method will work in every country, so it is very important to have plenty of options to choose from. Rely on the Casino Gorilla to find the best online casinos on the market for you. Let the big guy do the research so that you can enjoy the results.
QUESTION: How can I make a deposit at an online casino?
ANSWER: Making a deposit at an online casino is quick and easy. Simply go to the Banking section of the casino and choose your preferred payment method from the available options. Enter the amount you wish to deposit and click to send the payment. Most deposit methods are instant and do not charge fees, and you will immediately be able to start playing online for real money.
QUESTION: What different payment methods are there?
ANSWER: There are dozens of different payment methods available at online casinos. These include debit/credit cards, online vouchers, e-wallets, online fund transfers, cryptocurrency funding, bank transfers, mobile payments and cheques.
QUESTION: How fast will my deposit travel to my account?
ANSWER: The majority of online casino deposits are instant. If you choose to fund via traditional bank transfers or by cheque you can expect to wait a few days for your account to be funded. Otherwise, when using bank cards or online payment methods deposits are instant.
QUESTION: How fast is it to withdraw my winnings back to my account?
ANSWER: Withdrawal times vary according to the payment method used. Electronic wallets are the fastest methods, with payouts generally processed within 24 hours at the latest. Bank transfers are the slowest, as these can take up to 5 or even 10 working days.
QUESTION: How can I withdraw money?
ANSWER: To withdraw money simply go to the Withdrawals area on the Banking section of the casino. Select the same payment method that you used to deposit and choose how much you want to withdraw. You may be required to send ID to confirm your identity if you have not already done so.