E Wallet Online Gambling
E-wallets are completely free to set up and very convenient when it comes to online casinos. Depending on which e-wallet you use, there may be certain fees. Each e-wallet will be different and it is important to make yourself aware of these when you register to avoid any future disappointment.
The most popular e-wallets for online casino transactions are Neteller and Skrill. In addition to these, some online casinos offer PayPal, Zimpler and/ or EcoPayz as payment options. Most online casinos offer this payment option through platforms like PayPal, Neteller, Skrill, Venmo, Google Wallet, Snapcash, and many other more. The Advantages of Using an E-Wallet When Gambling Online Now that you know what an e-wallet is, here are the advantages of using any of them. It’s easy and convenient.
If you like to have the chance to make real wins playing casino games online, you need to wager real money rather than playing in fun mode. To play for real money you need to deposit funds into your online casino account. Most online casino offer several payment methods with which you can deposit and withdraw money from your account. An e-wallet is one of these methods and could be a simple and efficient way to not only deposit into your account, but to withdraw any winnings as well. Find out how you can raise your online casino game to the next level using an e-wallet.
What is an E-Wallet?
An e-wallet is a payment method used for online transactions only. E-wallets are also referred to as digital wallets. As you can imagine, before the emergence of e-commerce, e-wallets didn’t exist, but with so many online transactions in recent years, they have become more and more popular. Like a physical wallet can hold different payment options, like cash, cards or coupons, so can an e-wallet hold different payment methods in one place. With your e-wallet you can make payment with debit or credit card, bank transfer or PaySafeCard.
What are the benefits of using e-wallets at online casinos?
The great benefit of using e-wallets in general is that you have several payment methods in one place. A big benefit using a digital wallet at an online casino is that deposits are made faster. You don’t have to type in card numbers or bank account details. You simply log in to your e-wallet account with a username or email address and password, and you can make your deposit within a couple of clicks. At most online casinos, withdrawal requests to your e-wallet are processed much faster, from instantly up to a few hours. Withdrawal requests to other methods can take several days. Once you receive payment you can decide to leave it in your e-wallet or transfer it to your bank account or other payment method in your e-wallet. Some digital wallets like EcoPayz can even issue you with a MasterCard with which you can not only make payment, but receive payment as well. This could be a great tool to set a clear gambling budget and manage the money you wager on casino games much more efficiently.
Please note that many online casinos don’t issue welcome bonuses on deposits made with certain e-wallets. Double check if you would be eligible to claim. If you are keen on receiving a welcome bonus as a new player, you could make your first deposit with an alternative payment method.
Which e-wallets are available at online casinos?
There are many different digital wallets available and a few have become popular methods at online casinos. The most popular e-wallets for online casino transactions are Neteller and Skrill. In addition to these, some online casinos offer PayPal, Zimpler and/ or EcoPayz as payment options.
Neteller
One of the most popular payment methods at online casinos, Neteller has been very popular in online poker rooms for a long time. You can easily make payment using your account ID and withdrawal request are speedily processed.
Skrill
You can make payments anonymously with Skrill. All you need is an email address and a password to log in to your account to make payment. In most cases payment made with Skrill are free and withdrawal processing times are very fast, from instantly up to a few hours.
PayPal
E Wallet Online Gambling Websites
PayPal is the most used online payment system on the planet. Strangely enough, it is not the most popular e-wallet at online casinos. Having said this, there are a few online casinos that offer exclusive PayPal bonuses, so it can certainly pay to use this payment method to deposit in your online casino account. In addition to making deposits, with PayPal too you can make fast withdrawals.
Zimpler
Zimpler is a popular e-wallet with Nordic players and even allows for making deposit without the need to register an account. However, at the moment of writing, Zimpler is not available to UK players. The company is keen on expanding its market and the e-wallet might become available in more countries in the coming months and years.
EcoPayz
EcoPayz too allows you to make deposits and withdrawals using your user name and password to log in to your Eco Payz EcoAccount. EcoPayz allows you to have wallets in different currencies. You can choose from different account levels. The higher the level, the more benefits you enjoy. However, you have to pay a fee for all but the basic level. The make payments into your online casino account, a free Classic Account is sufficient.
There are other e-wallets available, yet the ones mentioned above are the most popular at online casinos.
Next time you want to deposit into your online casino account, consider using an e-wallet to gather all your payment options in one place. You can make deposits in a fast and secure way and make fast withdrawals. With some e-wallet you can deposit anonymously, as your payment is not linked to a card or bank account linked to your name. Zimpler and other e-wallets even offer you the opportunity to make deposits without the need to register an account and it is likely that other digital wallets will soon follow suit. Any winnings paid into your e-wallet can be left there or transferred to another method like your bank account or credit card.
There might be terms and conditions attached to the use of an e-wallet like the incurrence of fees and/ or the ineligibility to claim certain welcome bonuses.
Make sure to check all terms and conditions to make the most of the use of e-wallets for your online casino game.
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