Online casino banking has come a long way over the past few years with a wide array of new banking methods available to players.
With an increase in online banking security and the introduction of new and ultra-secure e-wallets, payment systems and fintech solutions, players have never had as much choice as they currently enjoy.
Depending on the country in which you live, almost all online casinos now offer at least a selection of some of the following banking options:
- Apple Pay
- Android Pay
- Bank transfer
With so many options available to players it can be confusing in deciding on which payment method is right for you. At Online Casino Rangers we’re always here to help improve your gaming experience by giving you the best advice, reviews and insider tips and when it comes to casino banking we know how to get the best possible service and value for your money.
In this article, we’ll briefly touch on some of the aspects to consider when choosing your casino banking method and we’ll suggest some of the payment options which we think are amongst the most secure, reliable and trustworthy.
You can read a more detailed review of some of the payment options we’ll cover here, including Neteller, Skrill and Paypal in our banking section.
Things to consider when online banking
The number one issue for most players when choosing a payment method is clearly security. Everybody wants to know that their deposits and withdrawals are secure so that they can play with complete peace of mind. We always recommend casinos who use the industry standard Secure Socket Layer Digital Encryption (SSL) so make sure you look for the SSL GlobalSign under payment methods at your casino of choice. All of the big payment providers like Paypal, Skrill and Neteller use SSL as the basis for their encryption so you always know your funds will be safe.
Online casinos on the past often had a poor reputation for the speed with which they processed payments and thankfully this has now changed completely. No longer do you have to wait for deposits to reach your account and you can usually now access your winnings instantly too.
On most casino payment pages they will have a breakdown of the payment methods they offer as well as how long payment processing might take. Always study this carefully before joining an online casino so that you know exactly how long processing takes – nobody likes waiting to get their hands on their winnings!
Ease of use
With so many passwords and usernames to remember these days, for everything from banking to social media and work log-ins, the last thing you want when banking online at your casino is to have a hard time using the service. Choose a payment method that is easy to use and doesn’t require a lot of admin and time spent setting up and you’ll have more time for doing what you love; playing the best online casino