Every gambler is concerned about the safety of a website’s payment methods before they resign to using it. Many online gamblers want to know how safe it is to deposit and withdraw funds from their casino wallet to their bank account through a particular channel. Thanks to innovative technology, it’s now possible to make quick payments and transfer confidential data over networks. New and improved payment methods have been created to support high-value transactions and financial exchanges. The great thing about many of these payment options is that they do not request sensitive data anymore. By doing this, they make the payment faster and more secure.
The increase in the number of reliable payment providers has created a smoother experience for online gamblers. They are also compatible with the best trustly casinos in the UK. Now, it’s possible to use online platforms such as sportsbooks, online casinos, bingo and poker rooms, etc. The United Kingdom has a high population of online gamblers who are looking to earn their fair share of a jackpot. Just like others, they are interested in effective and reliable payment methods. We have come up with a list of some of the most trustworthy payment methods available to British gamblers. Take a look.
PayPal was primarily associated with the online auction website, eBay until it was purchased in 2015. Today, the payment platform has more than 20 million customers in the UK. Paypal excels as an eWallet service that allows its users to manage debit, credit, and bank accounts from their convenience. It’s accepted and adopted by many online casinos and even has a dedicated app for more functionality and easy access.
MasterCard is one of the most popular and reliable card payment systems around the world. They process about 25 billion transactions every year. The brand is known for its debit, credit, and prepaid cards. MasterCard works with many reputable banks in the UK, including;
- Bank of Scotland
This payment method is found on most reputable casinos. They also recently developed an eWallet, referred to as MasterPass, that offers more functionality. The payment platform also has major security measures including mobile verification.
Paysafecard is a prepaid online platform that allows you to make online payments to casinos with cash. It works in a similar way to a mobile phone top-up card. You can get a Paysafecard voucher at designated sales outlets. The voucher would contain a 16-digit code that can be used to add money to your online casino account. The card may also be used to top-up your eWallet before proceeding to deposit into the online casino.
Paysafecard is a recognized part of the Paysafe Group – owners of Skrill and Neteller eWallets. It’s a safe secure method for whoever wants to make cash payments.
Skrill, previously referred to as Moneybookers, is an eWallet that runs on a system similar to Neteller. It was acquired by the Paysafe group in 2015 and operates under the same parent company as Neteller. In 2015, Skrill was also able to acquire the UK-based Ukash system and leveraged it to become one of the top eWallet providers in Europe and the world. Skrill is accepted and adopted by more than 150,000 businesses around the world.
Skrill also offers a tiered VIP system based on customer financial activity. There are numerous advantages to using this online payment channel, including free deposits and minimal withdrawal charges.
VISA Debit and Visa Electron
Just like MasterCard, VISA is an online payment method that’s found in virtually every country around the world. It’s a widely used online payment system which is a sign of their reliability. VISA offers credit cards, but more than 70% of transactions on this platform are handled via its debit and electron cards. VISA is renowned and accepted by many UK banks, such as;
- M&S Bank
- Tesco Bank
- First Direct
- Co-operative Bank
- Nationwide Building Society
The difference between a VISA Debit and Visa Electron is that the latter does not provide the owner of the account with an overdraft. You’ll find many online casinos that handle deposits and withdrawals with VISA.
Trustly is a progressive payment method which has developed more reputation due to its specific and stable manner to handle finances. Over the years, Trustly has become an online banking technique which is used by most casino gamblers. The payment method has an excessive emphasis on protection and safety which allow the gamblers to make efficient deposits and withdrawals.
Since 2016, this platform has provided many experienced UK gamblers with effective services. It has enjoyed increased significance in the market. Trustly is increasingly being received by more casinos to simplify online deposits and withdrawals for their clients.
There you have it. Those are the trustworthy online payment methods for UK online gamblers. Pick whichever of these options suits your financial requirements and is accepted by your online casino. And you’re ready to go!