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3 min read 01.04.2022 232
Ese Precious
Ese Precious
Fintech writer at AskWallet.io
Top Casino E-wallets

Top Casino E-wallets

Gambling websites can now accept an extensive range of payment methods owing to modern technology. Despite that, the use of e-wallets is now very popular. While many online casino players find this option exciting and convenient, it also poses a challenge. I mean, how do you choose the right e-wallets for making deposits and withdrawals at online casinos when you have such a long list of them? Well, it is not as difficult as you think. Let’s unravel this puzzle together in a few minutes.

What are E-wallets?

E-wallets (electronic wallets) refer to digital accounts where you can store your money, credit/debit card information, and personal data. They are also useful for tracking your financial transactions. In most cases, to access your account, you need to use the mobile app or website of your e-wallet.

Why do you need this payment system? Anyone can use the funds stored in their electronic wallet to make secure, safe, and fast payments to most e-commerce merchants. That is, with e-wallets, you can be sure of a better experience depositing and withdrawing funds while playing your favourite real-money slots and other games at online casinos.

What are the Pros and Cons of Using E-wallets at Online Casinos? 

In general, e-wallets are very useful. One can hardly imagine a world without them today. Nevertheless, like every other digital product, electronic wallets have their advantages and disadvantages, which include but are not limited to the following:

How to Choose an E-wallet for Gambling

There are some factors you must put into consideration when choosing an e-wallet for playing games at casino sites. They are the following:

Countries supported by the e-wallet

Not all e-wallets can be used internationally. While some of them support many countries, some can be used in a few locations. Therefore, you need to find out whether the electronic wallet you intend to use operates in the country or territory you will be playing from. Besides, you also need to know whether your local currency is accepted at the casino site.

E-wallets accepted by the casinos

One or more e-wallets are accepted in almost all online casinos.  However, since not all are accepted, they do specify their payment methods. So, you should browse their websites and acquaint yourself with the recognized payment options to avoid making the wrong choice of e-wallet.

First deposit bonus

You can skip this factor if you are not interested in receiving a first deposit bonus. Otherwise, there are online casinos where you cannot get a bonus for your first deposit because your payment was done using an e-wallet. So, you need to research the terms and conditions of the first deposit bonus at the casino if your preferred payment method is an e-wallet.  

Casino payments streamlining

While many top e-wallets offer apps that streamline payments at online casinos, some do not.  For this reason, you may want to be sure that the electronic wallet you are about to choose can offer you this possibility.

Popular E-wallets: Best Electronic Wallets for Online Gambling

Now, below are the most popular electronic wallets for handling all your financial transactions at online casinos. Except for Trustly, the rest of them have mobile apps and websites for you to create your account and start making payments via the internet.

Skrill

It was in 2001 that Skrill came into existence as a useful e-wallet for millions of people in many countries. Over the years, this digital tool for sending and receiving money online, as well as paying for purchases has become a popular e-wallet for online casinos. While the services of PayPal and Skrill are equally available in over 200 countries, Skrill supports 15 more currencies – that is 40. But, unlike PayPal, there are hardly any casino welcome bonuses for using Skrill.  

Neteller

Neteller is another popular solution for secure and safe payments at gambling sites. Almost every leading online casino accepts it. Using it, you can make quick deposits and fast withdrawals to merchants free of charge. But it is less likely to get you a welcome bonus. Besides, Neteller is much like Skrill in many ways. Nonetheless, you may want to read about their competitive differences on our website.

PayPal

PayPal was founded in 1998.  It is widely used on the planet. Presently, PayPal is available in over 200 countries and regions where it is allowing hundreds of millions of people to shop at numerous online stores and receive payments in 25 currencies. You can use this payment option at countless online casinos in Africa, America, Asia Pacific, and Europe. Besides, many casinos offer exclusive bonuses for deposits made with PayPal. However, most of its users are displeased with its poor customer support.

EcoPayz

Another popular e-wallet at online casinos is ecoPayz. It was created in 2000. You can easily store and transfer your money with this digital tool. For 24/7 support, data encryption, secure payments, and multicurrency accounts for online gambling use ecoPayz. But be mindful of its complex fees. Here is an honest review of ecoPayz onour website.

MuchBetter

The MuchBetter e-wallet is indeed much better than many others in terms of fees. This payment option has gained popularity on many online casino websites. Gamers, individuals, and businesses like to use this electronic wallet because it makes online transactions cheaper and easier. It is supported bya high number of merchants and has won several awards in the industry.

STICPAY

Many merchants have added STICPAY to their accepted options for payments. It is available in more than 190 countries but has its main market in the Asian continent. It protects the accounts of its users using an additional layer of security and monitors them. Therefore, you can use a STICPAY account to make safe, secure, and fast deposits and withdrawals at online casinos. You can find more information about STICPAY on our website.

AstroPay

You can use AstroPay for safe and secure payments at any online casino where it is accepted. This e-wallet allows you to pay for goods and services through the internet. Online casino players can use AstroPay to buy Gift Cards with discounts so that they can enjoy playing their favourite games. Also, you can use its virtual prepaid card for secure payments and higher privacy.

Jeton

Jeton is both a prepaid card and an e-wallet that can meet your online gambling payment needs. It offers incredible convenience for making deposits and withdrawals online. Jeton has a responsive mobile app with FaceID/TouchID and two-factor authentication for higher security. It is an ideal electronic wallet for shoppers, merchants, resellers, and gamers.  

Trustly

Trustly prides itself in being able to make your money move from one account to another without a need for mobile apps, debit or credit cards, and registration. It was founded in 2008. It operates by way of direct bank transfers. It lets online casino players make direct deposits to merchants and fast withdrawals through their bank accounts. Trustly will give you a seamless experience. Today, it has over 6000 connected banks, more than 8000 merchants, and 525 million consumers.

Casino E-wallets with Bonuses

It is common to find e-wallet casinos that offer welcome bonuses to attract new players. Moreover, some casinos give special bonuses to players who use PayPal. Typically, these bonuses can be accessed by electronic wallets or any other accepted payment method. Popular online casinos that support the use of e-wallets and offer welcome bonuses to players include those presented below.

 

Are E-wallets Safe to Use?

Yes, you can use electronic wallets safely at online casinos. E-wallet providers are committed to protecting the data and financial details of their users. Vendors do not get to know your payment details. Also, purchases made with electronic wallets are verified by a two-step authentication process, while their built-in firewall prevents unauthorised access to your banking record. What is more, it is difficult for cybercriminals to hack into the database of your e-wallet because your information is secured by Secure Sockets Layer (SSL) encryption. Besides, some of these apps can inform you about scams, such as phishing emails.

Conclusion

The advantages of using e-wallets at online casinos are more than the disadvantages. Therefore, even though it is not compulsory to use electronic wallets for your payments while gambling online, you will have more to benefit from using this option. It is easier, safer, faster, and more reliable than the other methods.

FAQ

Are e-wallets accepted at online casinos?

Yes, nearly all of them accept two or more e-wallets for payments.

Can I use an e-wallet for withdrawals at an online casino?

Yes, but only if the e-wallet is listed as a withdrawal option on the casino’s website.

Are e-wallets secure for online casino payments?

Yes. E-wallets are secure for all kinds of transactions. Besides, they do not store your banking information on the server of your vendor.

What are the best electronic wallets for online casino payments?

Above, we have provided a list of the best e-wallets that you can use at gambling websites. Nevertheless, for domestic and international accessibility, try PayPal, Neteller or Skrill; for low fees, try MuchBetter; but for fast transactions, cheap currency conversion, and exclusive bonuses, try PayPal.

How long do payouts via e-wallets take at gambling sites?

Whereas deposits can take place instantly, most withdrawals of funds are instant or may take up to 24 hours to complete, depending on other factors.

Are e-wallets accepted at online casinos?

Yes, nearly all of them accept two or more e-wallets for payments.

What are the best electronic wallets for online casino payments?

Above, we have provided a list of the best e-wallets that you can use at gambling websites. Nevertheless, for domestic and international accessibility, try PayPal, Neteller or Skrill; for low fees, try MuchBetter; but for fast transactions, cheap currency conversion, and exclusive bonuses, try PayPal.

Can I use an e-wallet for withdrawals at an online casino?

Yes, but only if the e-wallet is listed as a withdrawal option on the casino’s website.

How long do payouts via e-wallets take at gambling sites?

Whereas deposits can take place instantly, most withdrawals of funds are instant or may take up to 24 hours to complete, depending on other factors.

Are e-wallets secure for online casino payments?

Yes. E-wallets are secure for all kinds of transactions. Besides, they do not store your banking information on the server of your vendor.