Online Casinos - Deposit Methods
The beauty of online casinos is the fact that customers can enjoy the games from the comfort of their own home. However, they need reassurance that their money is safe floating around the virtual world that is the internet. This is where online depositing methods come to fruition, keeping customers aware that their money is safe and is in the right hands. Different sites offer different online deposit methods, but with a wide variety of sites to choose from, finding a site that fits your specific depositing method will be relatively straight forward. Some of the following deposit methods are used over a number of online casinos.
Various Deposit Methods
Credit Cards
Credit card deposits are the most widely accepted payment methods in the world, and this is no different when it comes to online casinos. Since credit cards are used a vast amount outside of online casinos, this deposit method is suitable for a lot of new customers.
The typical process of depositing on an online casino with a credit card is easy to follow. When selecting the credit card optional you will usually be transferred to a different page on your browser to complete the deposit. You will then simply have to type in the card number, expiry date, name of the card owner and the important three-digit code on the back of the card which authenticates the deposit. Also, majority of casinos will give you an option of which currency you want to deposit in. Therefore, if you want to keep track of the money you are depositing in relation to the currency of your country, you can usually change that aspect of the deposit. For example, if the site is primarily a $US casino, you can deposit in AUD$ so that you know how much money you receive for your deposit.
The processing time with credit cards is another reason why this deposit method is used by a vast amount of people. Once confirming your deposit, the money is usually instantly funded to your account so that you can play casino games right away.
Web-Wallet
As you probably could have guessed, a web-wallet does exactly what it says on the tin. This casino deposit method has been used a lot more in recent times and acts as a middle man between your real bank account and your casino account.
All you have to do is create a web-wallet online and add some personal information that will be used to link up with your bank account. From there, you can add funds to your web-wallet account and hold money for distribution to any sites you wish. This saves you a lot of time for future transactions as everything you need will be in your web-wallet. Once everything is setup in your web-wallet, you can then start to add funds to your online casino account. When depositing on online casinos, the transactions will be done in the same currency that is used in your web-wallet, this makes it easier to keep track of every transaction you've made and the total you have used.
The processing time is also fairly quick, and will usually be in your account as soon as you've selected to transfer from your web-wallet. This is one of the main attractions with web-wallets, the fact that the process is quick and you don't have to type in credit card details for each transaction.
Bank Transfer
This method depositing into an online casino is a little different than the methods mentioned above. A bank transfer doesn't require an account to be opened with a third party, unlike the web-wallet deposit method.
However, a bank transfer usually has a higher fee for the process which therefore makes this option as more of a backup to the other depositing methods available. Along with this casino deposit method, there is usually a delay on the process of the deposit, up to a three day wait. Since bank transfers are usually associated with larger deposits, the processing time has to be longer to make sure all details are correct and that the money is safely being transferred to the correct account. Therefore, if you are looking to access the casino games as soon as you deposit, the bank transfer deposit method is probably not the ideal option, despite being a safe and thorough process.
Casinos and Their Deposit Methods
Spin Palace
This online casino is a popular gaming site in Australia. A main reason why this site attracts so many customers is not only the variation of games available, but the different types of depositing methods they offer. To deposit on this site you can use a credit card, web-wallet or bank transfer to assure your funds are added to your online casino account. This gives the customer the option of using whichever method suits their needs. Additionally, before each transaction is completed, the account number and password must be confirmed so that deposits cannot be made by mistake or by an intruder.
Additionally, this site offers a deposit match bonus of 100%, which is up to $150 Australian dollars. This is an offer that many sites use to attract customers but with Spin Palace, they also offer a second and third deposit bonus at 25% and 50% respectively. Which gives the customers an extra incentive to use some of the deposit methods at their disposal.
Royal Vegas
Similar to Spin Palace, Royal Vegas also allows deposits with credit cards, web-wallets and bank transfers. However, doesn't offer the withdraw option with some of those deposit methods. This online casino site provides a list of casino deposit methods, giving you a wide variety of options to safely deposit on their site. Australian dollar deposits are accepted with majority of the deposit methods, but are unavailable with some.
When making your very first deposit with Royal Vegas, you will be eligible to receive an extra bonus of 10% as a welcome bonus. However, that offer is only available using the following deposit methods: EcoCard, Neteller, EntroPay, MoneyBookers, ClickandBuy and UKash.