Alternatives to PayPal online casino deposits
PayPal is one of the best payment options available to online casino players. However, some appealing alternatives can offer advantages over PayPal. These are the other main payment methods to consider.
Venmo is a mobile payment service founded in 2009. It has been a subsidiary of PayPal since 2013 and has many similarities to PayPal. They both offer quick, secure payments and replace the need for cards and cash.
However, there are also some significant differences between them. Venmo is available only in the United States, whereas PayPal is a global payment provider. Moreover, PayPal focuses on business transactions, but Venmo was created to help friends and family members split bills and transfer funds to one another. Venmo can now be used for regular online payments, too, but it is not as widely accepted as PayPal at online casinos.
This payment method is also similar to PayPal, as it allows you to make deposits and withdrawals at online casinos without providing card information. Instead of being redirected to the PayPal gateway, you will be redirected to your online banking site, where you can log in and confirm the transfer.
This process can be somewhat time-consuming at certain banks. In that case, players may prefer to use PayPal instead. However, some banks make it simple by supporting instant payouts. There are no fees, and the limits are often higher than at PayPal. If you want to make an even larger payment, you can opt for a wire transfer.
Credit or debit cards
Credit and debit cards are the most popular payment methods at online casinos. Visa and Mastercard are accepted at most casino sites, and you can often use Discover, too. Meanwhile, American Express is generally unavailable, but you can use it through PayPal if you like.
Credit cards cannot be used for withdrawals, and you may incur fees if your provider treats payments as cash advances. For those reasons, debit cards are often superior, as they draw funds from your checking account and can often be used for withdrawals. Alternative options include gift cards and prepaid cards.