June 29, 2018
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Online casino culture has taken off at a phenomenal rate. With the introduction of mobile casino and Live Casino games, there has been an even more clear departure from land-based casinos for UK players. Although UK online casino players are typically digitally savvy, there can be concerns in relation to online payment. For the majority of consumers, online transactions are now a common aspect of our daily lives. Now more than ever, it is necessary to be cautious with your online spend. Know the withdrawal and deposit options that are available to you before registering with an online casino.
Each UK online casino is exceptionally unique, just like their players. They will offer varying material from game developers like Microgaming, NetEnt and Playtech as well as welcome bonuses that set them apart from the crowd. Similarly, online casinos will offer payment methods to suit their business. This artice will discuss the importance of online casino deposits and withdrawals.
E-Wallets have become the norm for the UK, especially in the online casino industry or for trading purposes. A major selling point for e-wallets is the speed in which the transaction takes place. Most e-wallets are instant and some will take just a matter of minutes to deposit your cash. Many online casino fans favour this as it means they can start gaming almost instantly.
Significant e-wallets within the online casino industry are;
There are many advantages to using e-wallets, first and foremost, it’s speed, as mentioned above. Some sites will encourage their customers to use e-wallets by offering deposit bonuses. This method is also preferred by the sites as it means their players can play immediately. Online casinos generally consider e-wallets a no-brainer. They are safe and secure as well as allowing for an immediate deposit.
Credit cards like Visa and MasterCard are still hugely popular among casino fans. UK consumers are accustomed to using them on a daily basis, so instinctively, we’ll use them for online gaming. If you choose to use a credit card, it is important to remember you will be restricted to what you can play with due to your credit card limit. Needless to say, using your credit card is also an exceptionally safe option. Using your credit card for casino games will follow the same steps as purchasing something online. You’ll need to provide the site with card information, like the number, CVV code and the expiration date.
Some online casino users are still sceptical about e-wallets or issuing their card details to an online server. For these people, cash transfers are an option. Instant eChecks or bank wires are regularly used. This method is typically more convoluted. It requires the depositor to visit their bank or financial institute and request information to acquire a money transfer. Usually, this is estimated to take one hour before the transfer is complete. There will often be a small fee to be paid for the transfer. When you choose a particular payment method, priority number one is which is most suited to you, followed by what your online casino accepts.
Typically, UK casino users are security conscious. So, researching the sites payment methods and safety features is top of the list before registering a new account. If the site you’re using is a safe and secure environment to perform transactions, it will have a HTTPS prefix within its URL and a small padlock symbol. This identifies it as a reliable site. Just as important as this URL indication, is the presence of a licence from the UK Gambling Commission or certification from eCOGRA. Either or both of these will tell the customer the site follows a strict fair gaming standard.