Edward Clayton 
Placing real money bets with a chance to win real money prizes is what online gambling is all about. Naturally, everyone wants their deposits and withdrawals to be safe and cost-efficient, not to mention fast, yet sometimes it gets quite complicated to find the right payment method. In this day and age, the UK’s current casino operators may offer over a dozen different methods.
Before joining a casino and taking a random pick, it is worth finding out the main differences between casino payment methods.
Banking Cards
Different types of banking cards have always been available for gamblers, but nowadays, players can rely primarily on debit cards. Banking cards still remain a reliable and straightforward payment method. Most online casinos won’t even charge extra fees for using them, and the processing times are reasonably fast.
At a well-operating casino, it won’t take longer than a few minutes to top up the gambling balance or five business days to cash out. Inconvenience of banking cards for players stems mainly from their connection to the bank account.
E-Wallets and Payment Apps
Neteller, GPay, and Skrill are the key players among e-wallets and payment apps that warrant mentioning. What makes things interesting is that e-wallets went through the renaissance thanks to the gambling industry, as they were the first payment method fully optimised for online use.
Albeit fast and convenient, they have one major flaw: it is necessary to have an extra method to accompany it and fund the e-wallet balance, e.g. debit card. On top of that, most of them are app-based, which can be complicated to figure out.
Bank Wire
The old-school casino payment method is pretty much avoided by the vast majority of the casino community. Even though it is safe and reliable, it is also expensive and slow. Besides, many casinos don’t hesitate to impose higher withdrawal limits for bank and wire transfers than for other methods.
When it all sums up, there are plenty of better choices out there, especially among e-wallets and banking cards. 97% of Brits have one, but it is better put to use elsewhere.
Online gambling evolution (or is it revolution) is at its peak. Players have more payment options at their disposal to enjoy current online slot titles than ever, so there is no reason to settle for less. By exploring their options and doing some basic maths, they can easily find the optimum payment method.
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