The United Kingdom is one of the top countries in the world when it comes to online casino gaming. Naturally, this means that there are a lot of different payment methods which you can use, when playing at those casinos. But which deposit options are the most popular, and which one is best suited for you? In this brief article, we’ll take a look at some of the most popular options out there.
Credit cards are arguably the most popular deposit option in the United Kingdom. This isn’t because they are easier to use than e-wallets, or other options, or even because they are safer. It is because they are more convenient. Most players will already have a credit card, so by using that option, they don’t have to get another account with a different deposit method. Credit cards can sometimes charge fees for deposits or withdrawals, but most deposits are instantaneous. Withdrawals on the other hand, can take up to week to land in your account. The two most commonly accepted credit card deposit methods are Visa and Master Card.
E-wallets, on the other hand, are much quicker and cheaper. Skrill (formerly known as Moneybookers), Neteller and PayPal are all very popular e-wallet payment methods. An e-wallet is basically a digital bank account, which you top up by adding money to it from your bank account. You can then send money from your e-wallet to your casino, without ever having to hand over your credit card or other bank details to the site. This makes e-wallets one of the safest online casino deposit option. E-wallet deposits arrive instantly, generally come with no charges, and withdrawals can often land in your account within 2-3 days.
Prepaid vouchers are the safest deposit method. Prepaid vouchers include Ukash and Paysafecard. You use such vouchers as you would to top up your phone credit. Simply purchase a voucher, then enter the pin code into your casino site to deposit to your account. Not once will you ever need your banking details. One drawback with prepaid vouchers is that you cannot withdraw money with them.
Bank and wire transfers are another major UK deposit method. Debit card bank transfers and wire transfers can often take several days to deposit funds into your account. Similarly, withdrawing money also takes an equally long time. Fortunately, these kinds of deposits almost never require you pay a charge, and most people already have an account with a bank to use this option.
Personally, prepaid vouchers are the safest option, but not being able to withdraw your money with them is a kicker. Given that, e-wallets seem the smartest thing to use. There is virtually no security risk, you get everything on time, and you can easily choose how to much you wish to transfer from your bank. Credit cards are good deposit methods too, but if you’ve not got a good online banking system, they might make you nervous.
Residents of the UK happily still have quite a number of options for depositing funds at online casinos -- those on the government-issued White List, at least.