Live Casino Banking
An online casino is a virtual world, and at a live online casino or any other gambling establishment, when you decide to play for real money a prerequisite is availability of funds in your
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casino account. Fortunately, there are a number of methods available. Credit cards are the most common option, but various other ways to fund your account are also available. These options are better known as online payment processing services.
What is good about these services is that you need not have to provide banking and credit card details and still you can make your transactions online with merchants. Once the account has been set up, these services are free, fast and they allow instant payments. Further, if a player uses virtual wallet services recommended by casinos, they offer additional deposit bonuses along with live dealer casino games.
Although there are many online virtual services have sprung up over the last few years let us go through most common options available.
Visa and MasterCard
Visa and Master card are usually accepted by every casino except US residents because of existence of UIGEA.
Diners Club
Higher merchant fees is feature of this service and perhaps this could be the reason for not as common as Visa and MasterCard.
American Express
Only few online casinos accept Amex owing to its high merchant service.
Visa Electron and Delta
Visa, Electron and Delta are debit cards usually offered by most European based online casinos.
PayPal
PayPal is a virtual wallet service which was founded in 2000 and later acquired by eBay in the year 2002.Of all the virtual wallet services it is most common and popular among millions of people worldwide. Around $60 billion worth of online transactions have been processed by the PayPal in the year 2008.Account holders at PayPal can pay as well as can send fund to other email addresses.
Neteller
Currently almost all online casinos offer NetTeller for both deposits and withdrawals. This is very common virtual wallet service offered by many online casinos and additional deposit bonuses are offered if players avail this service.
Entropay
Currently, Entropay is not available to US residents for online transactions. It is nevertheless another virtual wallet among other wallet services offered by casinos.
Click2Pay
Click2 pay is yet another method of payment offered by many online casinos,not available to US residents for gambling transactions
UseMyBank
It is a Toronto based online payment processor which is accepted by many online casinos to transact with participating merchants securely.
Ukash
Players can pay via Ukash securely and instantly and can also be used to load other virtual wallets like NeTeller.
ClickandBuy
German Company Firstgate Internet AG operates ClickandBuy and many online casinos accept ClickandBuy as a payment processor.
MoneyBookers
Participants can pay as well send money to other email addresses using this service.