The world of online casinos, especially in the United States, continues to pick momentum in ways few thought were possible. Of course, the elite casino games and promotions get most of the press. However, just as important to the meteoric rise of iGaming are the payment gateways. From Visa to Bitcoin, master today’s amazing casino payment options.
The Top Online Casino Payment Methods
Long gone are the days of just relying on Visa and MasterCard to hit the game lobby. Today’s high-flying online casinos support these trusted methods:
| Payment Method | Fees | Payouts |
| Credit Cards | N/A | Depends on the site |
| Skrill | N/A | Usually for fast payouts |
| PayPal | N/A | Supports instant payouts |
| Bitcoin | N/A | Usually pays in an hour |
| Apple Pay | N/A | Supports fast payouts |
| Trustly Online Banking | Sometimes | Depends on the site |
TIP: Cryptocurrency and PayPal casino platforms usually support higher deposit and withdrawal limits.
How to Deposit Funds with a Casino Payment Method
Fortunately, it is a straightforward process to deposit instant funds to hit the game lobby. These steps outline the process of getting into your favorite casino games.
- If you haven’t created an account, do some research to find a licensed or reputable online casino that supports multiple payment methods. Because not all banking and financial institutions support or approve of online gambling, it’s not guaranteed that your credit card will work.
- After creating your account, check for any available bonuses. To help certain payment methods like crypto, online casinos offer boosted promotions. If there is a bonus code, take note of it.
- Head to the cashier and choose your method if available. If this is your first time, it is always wise to start with small deposits.
That’s it. The funds are automatically applied to your account. Credit card users might have to fill out an authorization form before using them. Once completed, you can also make instant deposits with the debit cards.
Why Are There Withdrawal Limits at Online Casinos?
There are many reasons, valid ones at that, why most online casinos support daily and monthly withdrawal limits. Below are some of the top reasons for these limits:
- To Prevent Fraud – Due to the massive jackpots and tournament wins, it’s possible for players to literally break the bank. Larger wins call for verification and are usually broken up into small payments.
- Banking Restrictions – Depending on the payout method, the online casino might have different agreements or no agreements at all. When fees are involved, it makes sense for these sites to lower the payouts.
- To Have Enough Funds – A licensed online casino is obligated to pay its members in a timely fashion. For this reason, they have to ensure they have enough funds.
Final Thoughts – How to Maximize the Payment Gateways
The payment method you use should also be a factor in the withdrawal process. Assuming that the online casino supports it, if you plan to play and win big, it makes sense to lean towards e-wallets or even online banking. Crypto, like Bitcoin, is designed for instant payouts in large sums, sometimes $10,000 or more.
