Before starting to spin some reels and wheels, there are three equally important things each gamer, or a potential one, need to evaluate and decide on first. To find the right online casino, determine how much money they want to spend in it, and, finally, which payment solution would be perfect for transferring money to the online casino balance.
Fortunately, there are loads of different casino banking methods and payment options to deposit and cash-out money from the online casino. However, the plethora of possibilities brings some headaches, too, as you need to assess many things before deciding which payment method is perfect. The decision is not easy as all these banking options have both pros and cons, so one must be careful when making the decision.
The most widely spread payment method are credit and debit cards. The vast majority of people have and use cards in their everyday life, and trust them as reputable banks issued them. This is one of the reasons why so many people decide to fund their gambling accounts with a card. Everyone knows hot to pay with a card. The most popular ones are Mastercard, Visa, American Express, Maestro, etc.
It may not be wise to use a credit card for gambling, particularly if you are not versed in bankroll management. Therefore, a debit card is a better option as you can’t spend more than you have. Cards are generally secure, but with so many cyberattack attacks and public sensitive data leaks, people have good reason to be worried about their financial and personal data security. One more downside of using cards is high fees.
The rise of eWallets as new alternative payment methods is understandable as more and more people look for the easiest and safest way to pay online. So it is no surprise why iGaming lovers choose eWallets as their preferred means of payment. Funding and pulling the funds from these digital wallets is quick and easy, with no fees, or if there are some, they are usually symbolic.
eWallets are most prised for their security. They are linked to your bank account, cards, whatever you decide to use to fund it, but no third party has access to what’s behind the eWallet’s log-in screen. And as a future-oriented payment method, eWallets are deploying cutting-edge technology, so you’ll see a range of different authentication methods: touch ID, face recognition, dynamic PINs, device pairing, etc.
The most acclaimed ones are Skrill, Neteller, and PayPal.
However, a real competitor has arrived! MuchBetter is a dedicated payment provider for the global gaming industry, aiming at enabling world-class service to both players and web-based casinos. MuchBetter eWallet is a payment app developed to empower players to make deposits and withdraw winnings in real-time. The players will benefit from the lowest gaming e-wallet fees in the world, fast payouts, loyalty points, cash incentives, fashionable hi-tech contactless wearables, favorable currency exchange rates, and more.
On the other hand, online casino providers will be astounded by an innovative net-based pricing model that can reduce payment processing fees to zero! Yes, MuchBetter features one of the most advanced commercial systems that massively cut unnecessary transaction processing fees for online casino providers. The list of MuchBetter casinos is, therefore, growing daily!