Visa/Mastercard

Credit cards are a tried and trusted payment method, and are also available world wide. This makes them one of the most popular ways for members to deposit into their online casino. Most casinos accept Visa, MasterCard, and Diners. The accepted cards can be checked in the deposit method section of your chosen casino. The credit card is the only non pre-funded payment method available for casino deposits.

Benefits

There are many benefits to be gained from using a credit card. Firstly, the credit card is recognizable globally and so will deal in a variety of currencies. Although the currency you use will be that of your card issuer or country of residence, a reasonable exchange rate will be received inline with the current bank prices. This can make the credit card a cost efficient option.

There are no additional fees charged by the casino for using this method, and deposits can be made both online and over the phone. Both methods are extremely safe. All details are encrypted used industry standard security methods as they are entered into the system. The details provided remain completely secure; as staff can only see a section of the information given so that you can confirm for security reasons.

The deposits from credit cards are quick, simple and there is no middle man involved. An excellent feature of the credit card is that although the funds take time to reach the casino, the deposit amount will be honoured immediately by the casino. The funds are entered into your bankroll immediately.

User friendliness

Setting up a credit card is easy, but using it for your online casino can have added complications. Firstly, some sites will ask you to verify your credit card before you can use it to fund your account. This entails sending in photocopies of the front and back of the card, along with valid photographic ID. This procedure can also be requested by casinos on a random basis, with your card being temporarily blocked until the verification is complete. This is for security reasons, to help protect against card fraud, but can be inconvenient. All credits cards used must be in the casino account holders name, and not be lined in any way to a business.

There are many restrictions on credit card users currently in place and they change regularly. Some casinos will not accept funds from credits cards in certain countries; this can be checked on the casino site for the most up to date information. American citizens can still use a credit card to deposit into a casino though the attempt to deposit may be prone to decline.

This is because another common problem with credit cards is that they are often declined due to the ethical policies of the issuing company. Visa officially allows deposits to online casinos, but will not accept withdrawals to the card Visa may also block deposits if the destination is recognized. Similar restrictions and reactions are experienced with all credit cards which make them one of the least reliable deposit choices.

Once a credit card has been used, the information is encrypted and stored so that future deposits are quick and simple. Security details need to be validated only, and so the credit card is a time efficient way to deposit. However, the decline problems are still an issue; even if your card has been validated and has been successful on other occasions, the credit card company may still decline your payment.

Conclusion

The credit card is an easy to use option, but with the political and ethical views surrounding online gaming, they can be unreliable and frustrating. There is no way to determine whether your card will be declined and so using this method requires trial and error basis.