Over the past two decades, the casino industry has been growing and prospering alongside technology, and in that time, no sector of the industry has benefited more than online casinos. Though there are no exact figures and stats for the world at large, it is thought that the number of casino users must now be well over the hundreds of millions. In the UK alone, it’s estimated that more 10 million people play online casino games on a regular basis, with a bustling online casino industry estimated to be worth around £14.3 billion.
With so many users, and such huge amounts of money being generated and exchanged, none of this would have ever been possible without a very great need, followed by implementation, of the most secure and reliable means of online transaction available.
Prepaid Visa Card
Prepaid Visa cards can generally be purchase via your credit or debit card, and are widely accepted all over the world, in all forms of business, including online casinos. Though it is secure, there are certain drawbacks, such a 12-month expiration date, a minimum limit that must be exceeded, and the chance that any remaining funds could be lost after expiring. It also cannot be used to withdraw money from casinos. This makes it all rather inconvenient for most, but still, it has it’s uses for those simply just looking to spend big and have good time.
Credit & Debit Card
The old standard of credit and debit cards is, or should be, one of the first banking option you will likely see on any online casino worth its salt, as this is generally still the most common online banking method used worldwide. This is because it is generally still the easiest and most hassle-free, and widely accepted banking method used today, and any online casino should be well-equipped to handle this sort of transaction.
PayPal
Paypal Holdings Inc. is a US-based company, famously co-founded by Elon Musk in the late 90s, which filled a much needed niche at the time, and also helped pioneer online banking across the early 2000s. Today it is still a common, secure, and widely accepted transaction method at most online casinos.
E-Wallet
The digital wallet, aka e-wallet, is an app that allows you to make transactions from your phone. It came slightly before the emergence of the most recent and advanced methods, and so has secured a firm niche in the online banking industry. It can be used to deposit money as well as make withdrawals from most casinos and is considered to be one of the most secure online methods next to cryptocurrency.
Cryptocurrency
Cryptocurrency, at times, has had a rocky beginning, but it has nevertheless emerged as a viable next-generation candidate for online transaction and banking world-wide. With its unprecedented level of security and efficiency, no one have been quicker to embrace it than online casinos, with many already offering new cryptocurrency options, like Bitcoin, amongst all the older, but still secure, methods mentioned above.