Payment Options are Important for Online Players
There are a lot of things to keep in mind when an online casino wants to attract players to its establishment. The type of software and the variety of games are very important, but so are the support that the casino can offer as well as promotions that should happen on a regular basis.
In a recent discussion the Latin American market was brought up and what factors are important for these players. One point that stood out was payment options: it should be easy to deposit and withdraw funds at an online casino and payment options should be available for specific regions. The Latin American market is not an easy market to tap into for an online casino, but when you do (and do it well), it will certainly grow your business. One casino that got it right as far as a huge selection of payment options go, is Lucky Nugget Casino. Sorted by country, it’s very easy for players to see which banking mechanism they can use.
The question then is: what payment options are available at the best online casinos and which ones are perfect for a specific region? Let’s first take a look at the most popular payment options that are accepted worldwide:
Credit & Debit Cards
Probably the easiest way to play online is by using your Visa/MasterCard credit or debit card. It has to be said though (and this is why online casinos should offer alternatives), that payments via credit or debit cards may not always be approved by your bank. This has nothing to do with the online casino, but certain banks do have policies with regards to online gaming transactions. It’s best to first find out from your bank what their stance is on online gambling or alternatively make use of an alternative payment option from day 1.
A NETELLER account acts as a virtual web wallet which will enable you to deposit and withdraw at any online casino that supports NETELLER. It’s a safe and secure way to make payments and receive funds and is trusted by millions of members. NETELLER is available in more than 180 countries, however it’s not available to players in Canada. Your funds will usually appear in your NETELLER account within 24 – 48 hours and it supports a variety of currencies.
Skrill is another web wallet, but you only need an email address to register an account with Skrill. You can send and receive payments online in real time and it’s extremely cost effective. Skrill was formerly known as Moneybookers, but changed its name a few years ago. Skrill is available in more than 200 countries and transactions usually take up to 48 hours.
This prepaid card acts as a virtual Visa or MasterCard and is reloadable, which means that you can make online purchases wherever Visa/MasterCard is accepted. This is especially convenient when your specific bank declines your transactions via your credit or debit card (as explained above). EntroPay is accepted globally, however with most online casinos it can take up to a week to receive your winnings.
There are of course other payment options to use at online casinos and that are accepted all over the world, but the above-mentioned are the most popular. Let’s take a look at Australia, Latin America, Scandinavia and Germany to see which options players from these regions prefer:
While players from Australia prefer credit card payments and other popular methods like NETELLER, Skrill and EntroPay, there is one payment that’s available specifically for Australian players: paysafecard. This simple and safe prepaid method allows you to make online payments without using a bank account or any of your credit card information. Online casinos like Lucky Nugget (more info) caters especially for players from Australia with paysafecard as an option available to deposit with.
It’s extremely important for players from Latin America to be able to deposit and receive funds online. In fact, if an online casino doesn’t have specific choices available, players will refuse to play no matter how good the entertainment aspect of the casino is. For that reason, online casinos like Lucky Nugget have made a huge variety of payment options available to players from Latin America. These include: AstroPay, Multibanco, Lobanet and paysafecard.
There are two payment options that stand out when it comes to players from Scandinavia: Trustly and EuTeller. While Trustly is an online bank transfer method, EuTeller provides an easy and secure method of making online payments. The only downside to this is that both methods are only available as deposit methods and players can actually not withdraw their winnings via this method. However, there are alternative options available for receiving winnings such as NETELLER and Skrill.
Players from Germany also have two specific payment options available to them: Sofort and Giropay. Both payment mechanisms allow you to make online bank transfers safely and securely to an online casino. As with Trustly and EuTeller, these options are only available as deposit mechanisms.
In the end it all comes down to what players want and it’s quite obvious that all players are different, but one thing that does stand out is that players (who are really serious about online gambling), want to be able to make deposits fast and safe, and receive their winnings within a reasonable time. Therefore payment mechanisms and their availability are of utmost importance to any online player, especially in countries like the Latin America region where it’s not always easy to make payments online. And what’s great about online casinos, such as Lucky Nugget (visit website), that offer these payment options to players, is that players can make deposits in the currency of their own choice: so players from Australia can make a purchase directly in AU$, while Swedish players can purchase and play in Krona.
It’s now simply a matter of finding the online casino with the best range of deposit options, take in factors like game availability, software, support and promotions and start playing.