There are so many different methods of depositing into a casino today it can make your head spin. Below is a list of some of the most common, and how they work. Credit Cards - Visa / MasterCard / DinersCredit card was once the most
common method of deposit
for online gaming, now
it is becoming extinct.
Most major credit card
companies do not allow
for online gaming deposits
and MasterCard does not
allow you to credit back
to the card at all. Visa
and Diners allow casinos
to credit the card up
to the amount of the
original deposit. Those
cards that do allow for
online gaming deposits
often consider the deposit
a cash advance (which
has a higher fee) so
check with your card
company before making
that deposit. NETELLER NETELLER is the best
method of deposit for online
gaming. Preferred by casinos,
you can get additional bonuses
for using NETELLER to deposit.
Cash outs are paid back
faster as well. You can deposit
into your NETELLER account via
bank wire deposit or credit card.
The credit card deposit comes
with a surcharge and may be considered
to be a cash advance by your
card, so we recommend the bank
wire deposit. They also offer
regular drawings with cash winnings
as incentives for using their
service. One thing I didn't like
was that the fees aren't listed
unless you are a member.
There is no clear and concise
fee page and some of the information
wasn't listed at all (I used
their online chat to get information
on withdrawal fees – to their
benefit the online chat was especially
helpful). FirePay FirePay is an online
only credit card. You need a
US bank account to open an account
there. Many casinos offer a deposit
bonus for using FirePay (but
not all do and not all the time).
They offer 2 options, Express
and Validated (depending on whether
your bank account has been validated
or not). Express has more fees,
as it is more risk for FirePay.
Their fees are not clearly spelled
out on the site (I found some
on the main page and others on
their Terms and Conditions).
There may be more fees deeper
embedded in their site. PrePaid ATM PrePaid
ATM is an online credit
card and a real ATM card.
You can join easily if
you live in the US, Canada or Mexico.
International is a little trickier.
You need to fax a photo
ID and receive funds from a merchant
or you can fax in a current utility
bill and phone bill.
Your personal information is not
revealed and it is not directly
tied to a bank account. You can
receive payments back to your PrePaid
ATM account easily. However, there
are fees. Fortunately,
they are spelled out very clearly
on their site. Citadel Citadel
is an online checking
account. The biggest
difference between Citadel
and all other internet
methods of payment is
they give you a risk
assessment. This allows the merchant
to decide what level of risk they
wish to allow before you enter
into their establishment.
If you like someone else helping
you control your budget this could
be the place for you. EcoCard Perhaps the first online
payment system specifically aimed
at gamers. They even have a list
on their site of casinos that
accept their method of payment.
Extremely private, they don't
even ask for your exact address.
They claim every payment is accepted
and that no one is rejected.
They also claim low fees. However,
I searched through their site
and while they mention low fees
over and over I couldn't find
any actual fees listed. ACTeCASH The
absolute most private and secure
method of payment online as you
deposit into your online account
with cash at a payment point. They
seem to have the lowest fees; however
they do have a lot of limits. The
maximum withdrawal
per month is $500. Click2Pay I
found nothing on this
site to convince me to
use them. They have no listing
for fees, and they don't promise
anything new. It's free to join,
and the home page says it's "Safe,
Simple, and Free",
but it’s not. I wrote
to their customer service
(via email, and they
wrote back within 30
minutes). Their fees are not bad
though, however your options for
depositing and withdrawing are
limited. The online payment systems all basically offered the same thing. The main differences seem to be the method of their marketing and their fee system. NETELLER is the oldest of the bunch and the most respected on the casino side. Some offer moderately more privacy than others because they don't require your exact street address. At the end of the day it's all about the ease and the fees. |
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