One of the first things you have to tackle when playing at an online casino is which deposit method to use when filling up your gaming account. It might seem like quite a simple proposition, but with so many methods made available to the online player, sometimes deciding which to use can be a bit of a daunting task.
And while credit card and debit card deposits are quite popular, there are some real advantages to using an eWallet method of deposit instead. These companies basically hold on to your money for you so that you can distribute it as you’d like to online merchants. Some examples of eWallet vendors include PayPal, Skrill, Neteller, Ewire, WebMoney and many more.
Let’s take a brief look at the platform and see what it has to offer.
Ease of Setup
The first advantage that comes from using an eWallet is the ease at which it is set up. For most vendors, it is simply a matter of linking your bank account to your eWallet account and then transferring across funds. The funds will then reflect in your eWallet as a sum of cash that the player can transfer to their online casino account.
Some vendors allow money to be taken directly from a players account on the fly. This means that players don’t have to keep a balance, as such, in their eWallet, but can just request the amount and have it sent straight through to the merchant.
In this day in age, the threat of online fraud is an ever-present reality. While reputable online casino sites do their very best to protect your financial information, putting your name and credit card into a web form that’s less than secure could spell disaster for the player down the road.
This is why many players have decided to use an eWallet instead. Rather than putting their financial details into a form, they use a trusted middleman to handle the transaction for them.
Seeing exactly how much you’ve spend different casinos can be a bit of a pain when looking through bank statements that have all of your daily transactions on them. By using an eWallet, all of your deposit information is right there – easy to review and total.
Have you ever used an eWallet for making deposits? Now that you know the advantages, perhaps it’s time to give it a try!