Most Trusted Casino Payments: Bram’s Top 5 Picks
There’s no shortage of online casino payment methods these days, but not all of them are worth your trust. Some take too long, others involve hidden fees, and there are those that simply aren’t secure enough. This expert-curated guide helps you find the safest and most efficient ways to deposit and withdraw at online casinos.
Quick guide to my most trusted casino payment methods
Key Points:
- Trustly – Direct bank transfers with fast payouts
- PayPal – Secure e-wallet with buyer protection
- Neteller – Industry veteran e-wallet with VIP perks
- MuchBetter – Mobile-first e-wallet with low fees
- Bank transfers – simple, reliable, low-fee option
Using online payment methods can be stressful as you navigate speed, cost and safety concerns. Those concerns are especially elevated when you’re banking with online casinos. I’ll guide you through five of my most trusted casino payment methods and tell you exactly why I recommend them.
Every method listed below has been thoroughly vetted for speed, security, availability and ease of use. These are the safest and most efficient ways to deposit and withdraw at online casinos.
Trustly – Direct Bank Transfers, Instant and Secure
Trustly offers fast bank transfers
Trustly is a Swedish fintech company whose open banking payment solutions allow for direct transfers between your bank account and online casinos. There’s no need to use a card to deposit and withdraw, so you can avoid sharing potentially compromising financial details over the internet.
The straightforward simplicity of Trustly is one of the reasons why I love it. Getting set up is easy — all you do is select your bank from a dropdown list, authenticate the connection with your usual online banking login, and that’s it. Once the connection is established, it is simple to use. You don’t need a separate account, you don’t need to download anything, and you certainly don’t need to jump through any hoops. It is an ideal method for setting up a payment method quickly.
It gets even better as the withdrawals via Trustly are also super fast. The “Pay N Play” feature offered by Trustly combines deposits, onboarding and KYC into one action. This way, you can start playing instantly by verifying your identity via your bank account.
The Trustly customer base largely exists in countries like Sweden, Germany, Finland and the Netherlands, but it is becoming increasingly popular in the UK. You can use it with one of our favourite live casinos, Duelz Casino.
PayPal – Secure E‑wallet with Wide Acceptance
PayPal is a familiar yet secure option
If you have ever shopped online, especially via second-hand auction sites, you’ve probably used PayPal. It is one of the most popular online payment options in the UK.
I’ve used PayPal at casinos many times because it offers a simple-to-use service. It is also great for security because your bank and card details stay hidden. You simply log in to your PayPal account when prompted to authorise the deposit — your details stay hidden from the casino. You can also enable two-factor authentication (2FA), which increases the security of your account.
The built-in buyer protection is also a tremendous boon to PayPal. You can enjoy peace of mind knowing you won’t be left in the lurch if something goes wrong. Deposits are instant, and withdrawals are among the fastest available, as they’re typically processed within hours.
PayPal is accepted at many of the top online casinos in the UK. Although it is not available everywhere, you can find a list of our top PayPal casinos in the UK.
Neteller – Popular E‑wallet with VIP Features
Veteran choice with VIP program perks
Neteller is a mainstay of online casino payment methods. Founded in 1999, it was one of the first e-wallets to focus on casino payments, and it remains a top-tier choice for regular players.
As an e-wallet, it is a great way to avoid linking your personal bank accounts and cards to gambling transactions. You fund your Neteller wallet through cards, bank or even crypto deposits, and then use the funds with casinos from there.
I’ve found Neteller particularly useful when managing balances across multiple casino accounts. You can use the payment method with many of our top online casinos.
The reason it doesn’t sit atop the list is due to a couple of drawbacks: fees and speed. Although there are no fees for banking between the casino and Neteller, you will pay fees to add or withdraw money from your Neteller wallet. All deposits cost 2.5% of the transaction. Withdrawals to bank accounts cost £10, and withdrawals to Visa could cost up to 4% of the transaction.
You can combat this by joining Neteller’s VIP program. If you’re a high roller or a regular player, you can get lower fees, higher withdrawal limits and a personal account manager. You could also use the Net+ Mastercard to spend your winnings, meaning you don’t need to withdraw from your wallet at all.
MuchBetter – Mobile-First E‑wallet with Low Fees
Fast mobile payments and low fees
MuchBetter is a modern e-wallet built for mobile users, making it a great choice for mobile casino players. It has a sleek design, it’s easy to use, and it offers some of the lowest fees among casino payment wallets. Withdrawals typically take under 24 hours, and you get a notification once they’re complete.
I found using MuchBetter a smooth experience that simply involves installing the app, setting up a deposit method and funding your wallet. You can then start sending money to casino accounts straight away. Plus, you can avoid sharing card details when you fund your casino account.
The app offers great security, as you can use device pairing, biometric logins and a dynamic CVV, which changes the security card on your MuchBetter virtual cards every time. These are all measures that will make it harder for somebody to defraud you.
They have recently launched a MuchBetter ring, a contactless payment option that you can use without a phone or wallet. I imagine this is great for joggers or people on their way to yoga. You don’t need to worry about shoving your phone in your waistband. You can leave at the bottom of your bag and use a MuchBetter ring to pay.
It is not the most widely accepted of our recommended methods, but the app’s reach is increasing.
Bank Transfers – Simple, Reliable Classic
A traditional and trusted method
Sometimes old school just works best. We have been completing bank transfers remotely for over 150 years. The first bank transfers used telegraph networks to transmit transfer instructions. Now, bank transfers are digital and widely accepted at most licensed online casinos. They are a low-cost, long-trusted and dependable option.
They are the slowest of the recommended methods. Deposits to casinos are usually instant, but withdrawals can take up to three business days. Bank transfers are also highly secure and one of the best options for transferring large amounts.
I’ve used bank transfers for withdrawing significant winnings and found it was slow, but I was never concerned about the location of my money. There is something reassuring about knowing your money is in the hands of professionals working in an industry that has existed since ancient times.
Bank withdrawals are normally subject to stricter anti-money laundering checks. As a result, you may need to verify your account before you can use it as a valid payment method. This usually involves the deposit and subsequent withdrawal of a nominal amount.
