The Fastest Payment Methods For Casino Withdrawals

When picking out a new casino, there are many different factors that you’ll need to consider. That includes the games they offer you, the promos available to both new and returning members, and more. What you also need to be considering is the payment methods that the casino accepts. There are many different ways of making transactions at casino sites now, so which one would be the fastest? Let’s take a look. 

The Different Payment Methods Casinos Accept

With more and more payment methods becoming available online now, you’ll see that there are lots of different ways you can make transactions at your favourite casino sites. Let’s take a look at all the options that are available to you:

Card Payments 

These have always been a popular option as they are so convenient and easy to use. Typically, you will see the vast majority of casinos accepting Visa and MasterCard. It is worth noting that casino sites in Ireland and the UK cannot legally accept credit cards, so you can only use debit cards on these sites. You also have the option of using a direct bank transfer, if you do not want to use your card.

eWallets

Another very common way to make a transactions on casinos is via eWallet. These are a great method for those who are concerned with security, as you do not link your bank account directly with the online casino. Instead, you use an eWallet to make the transaction instead. There are several popular options available right now, including PayPal and Apple Pay. On gambling sites, you will also often see Skrill, Neteller, and ecoPayz accepted as well. 

Prepaid Cards

These are another option that are very similar to ewallets. The cards are bought in advance, and use a 16 digit number very similar to debit cards. Then, you can fund your casino account from that card without directly linking your bank account. There are several cards to choose from on the market right now, including AstroPay, paysafecard, Neosurf, and more. 

Mobile Payments

As so many people enjoy playing at online casinos through their phones, more and more people are using mobile payments to fund their accounts. This allows you to link your phone number to a card or bank account, allowing you to make online payments through the mobile payment service. This includes companies such as Zimpler and Tele2. 

Cryptocurrency Payments

Cryptocurrency is the newest payment option on the block, and one that is becoming more and more popular with casino fans. Many enjoy using it because it offers you the chance to pay totally anonymously, while still being free to use.

Which Payment Method Is Fastest?

Now you know what payment options are available to you on most online casinos, you are going to want to know which one is the fastest for you. When you withdraw the winnings you make, you don’t want to wait around for them. However, different payment options have different withdrawal times, so you will want to keep this in mind when choosing how to make transactions.

Payment times can often vary between casinos, but you will see that the fastest payment methods will be cryptocurrency and eWallets. That is thanks to payments being processed online, so there will be very short waiting times before you have your cash in your account. Typically, you should have the money within an hour, but it is often instant.

The slowest payment method is a debit card or bank transfer, as they take up to five working days to process in most cases. That is something you want to keep in mind when you are choosing the right payment option for you.

Be aware that you will typically have to withdraw cash to the same payment method that you use to deposit it. So, you will not be able to deposit money using a bank card for example, and then withdraw that money via eWallets. 

Which Payment Type Is Best For You?

When deciding which payment type to use, the speed of the transactions is always important. There are other aspects of using a payment type that you need to keep in mind as well.

For example, if privacy is important to you you will want to pick a method that helps you pay anonymously, such as cryptocurrency. You will also want to use a payment method that is accessible to you in your location, as not all payments types will be used in all locations. Also, security will always be important, so you want a payment method that protects your personal and financial information. 

Online casinos are now accepting a large range of different payment methods. If quick transactions are important to you, cryptocurrencies and eWallets will be the way to pay on your chosen casino site.