An e-wallet is basically a platform that lets you store bank account numbers and credit cards in an encrypted environment. Due to this way of operation, you don’t always need to input your account information when making online payments or when cashing out profits from, let’s say an online casino such as Vegas Palms casino. E-wallets can be funded with your bank account. Withdrawals can be made via the same channel.
Also, if you’re a regular internet user, chances are that you are familiar with some of the most popular e-wallets in use today. You can bet on the fact that these methods are the most secure when it comes to funding online casinos. Not only that, but e-wallets also provide a way of funding online accounts instantly, meaning that players can begin enjoying games moments after that payment has left their e-wallet accounts.
Here are a few examples of e-wallets in use today
Skrill is among the numerous banking methods available at Vegas Palms online casino. This e-wallet can be funded with credit cards and bank accounts as well. They support escrow services which are mostly used by people who make purchases online. For the majority of players who fund their online casino accounts, Skrill is often seen as a convenient means of topping up accounts with the only exception being in the United States where the platform’s functions are limited.
When talking of online payments, the brand PayPal comes into the picture. This platform is literally used by millions of online users who transact payments every single day. PayPal makes setting up accounts a straight-forward process, thus it’s the most preferred payment solution for small businesses with an internet presence. Whereas not so many real money casino sites are accepting PayPal at the moment, still a number of their European-based counterparts are working with this brand to accept payment from their players.
This payment processing platform is based in Europe and is currently serving over 30 nations. Because InstaDebit is only restricted to users in euro-zone countries, it is not possible to transact or even visit the website if one is not in the list of supported countries. It’s more of a checking account than a credit card account. The service doesn’t charge individual members to deposit or withdraw money out of the platform. This automatically turns into huge savings when funding casino accounts with large deposits as well as when cashing out.
Neteller and Skrill are popularly known with online gambling platforms. Neteller was originally started in Canada before it shifted base to the UK and merged operations with Skrill. Funding a Neteller account can be done using a bank account or a MasterCard/Visa card. Withdrawals can be made directly on mobile-wallet or into a bank account. Neteller is still one of the most preferred means of funding casino accounts.
This e-wallet platform operates from Germany. It allows users to wire funds directly from their bank accounts into their Click2Play accounts. Funding can also be done through credit cards. Click2Play is one of the safest and most secure payment platforms which is also supported by many real money casino sites on the internet.
In a nutshell, e-wallets have made the process of funding casino accounts quick, safe, and efficient. E-wallets are the reason why people have increasingly shunned the idea of funding their accounts using credit cards. And the best thing is that the most popular e-wallets are available worldwide and are supported by nearly all casinos.