Most accepted methods
PayPal is one of the most popular, safe and reliable methods to deposit money in an online casino. PayPal is available in over 200 countries, but there aren’t a great deal of casinos offering it (though the number is growing). Transfer times are near instant and usually there are no additional fees until withdrawing your funds from PayPal, though some casinos can charge a 1.5% deposit fee.
Bitcoin uses its own digital currency that is created and held online. It is a popular tool for online gamblers and at least half of the company’s transactions are to transmit funds to online casinos, so you know they’re trusted. Bitcoin transactions typically take less than 10 minutes and are usually free unless specified.
Neteller offers a private e-wallet service for its users. Millions of people from over 150 countries use it to transfer funds to and from services, and online casinos account for a lot of these. Transfer times are instantaneous and free, though a 1.9-5% fee is charged when withdrawing from Neteller to a bank account.
Skrill (formerly known as Moneybookers) is a popular ewallet service that allows you to instantly transfer money to and from online casinos without the processing times of debit or credit cards. Skrill offers an instantaneous service with no charges for withdrawal/deposits to casinos, they do however charge a fee for withdrawing to your bank account which is usually under £3.
Depositing money via a phone bill may be a relatively new payment method for mobile gaming casinos, but it is an efficient and secure one that more and more casinos are now embracing. The average transfer time is instantaneous and comes with the speed of using your phone, the service is free though players can only deposit a maximum of £30 a day.
By Debit Card
All UK online casinos accept deposits/withdrawals using your debit card. It is a quick, free and reliable payment method with the average transfer time to casinos being instantaneous, the downside is withdrawal times can vary from 1 to 5 days.
By Credit Card
All online casinos accept deposits/withdrawals using your credit card. It is one of the most convenient methods to use but can also be the most costly. Deposits are immediate but withdrawal times can vary from 1 to 5 days and not all online casinos accept the same credit cards. Fees are usually around 3% of the withdrawn amount and interest can be charged anywhere from 20-30%.
A Paysafecard provides the user with a prepaid card they can use to make payments on the internet. It is a safe and ideal way to make deposits into online casinos, with no fees, immediate transfer times, the fastest cashouts possible and a deposit maximum of £1,000.
Founded in 2005, Ukash converts cash money into ‘e-money’. The service is available in 55 countries and accepted by hundreds of online casinos. With no hidden fees, minimum and maximum deposits of £10 to £1,500 and immediate transactions, there are plenty of reasons to choose Ukash.