Being able to make an online casino deposit safely and securely is absolutely crucial for players. Ease of use is also pretty important these days too, given how many of us like to gamble on the go. Although traditional payment options such as VISA remain popular, numerous online transaction companies have emerged in recent years that offer flexible solutions that are secure and convenient. And many of these services have become even more relevant in recent months, given the recent UK credit card ban.
UK Credit Card Ban
In April, a credit-card ban was introduced by the Government following a review by the UK Gambling Commission. It was found that a high proportion of problem gamblers (22%) used credit cards to fund their accounts. So in order to protect those with addiction issues, the new legislation was applied to any website offering gambling services. While this came as little surprise to some industry insiders, the effects have been pretty significant for operators.
It’s now no longer possible to used Maestro, Mastercard or VISA to make a deposit with an iGaming website, whether it specialises in bingo, casino games or betting. What’s more, they can’t be used to fund accounts opened with online transaction specialists. But it’s not all bad news.
Debit cards can still be used as can bank transfers and mobile phone deposits. This applies both to casinos and the actual transaction services. With this in mind, see below for three well-regarded payment companies that lend themselves very well to casino gaming.
More from Other
- Starting a European Online Gaming Business in 2021
- Common Mistakes When Starting Out Trading Oil
- Discovering the Best Online Blackjack Bonuses
- Some of the Luckiest Numbers Around the Globe
- Five Digital Industries Likely to Grow in 2021
- Teaching English Online Vs The Classroom
- How to Choose the Right Bitcoin Exchange
- Five Tech Industries Predicted to Thrive
Neteller is perhaps the most well known casino-friendly transaction service. It’s been with us since 1999 and is accepted by the vast majority of operators. Despite the credit card ban, you can still fund your account by debit card or bank transfer. Needless, to say, the service is perfectly secure.
Trustly is another E-Wallet service that enjoys widespread coverage with most online casinos. Like Neteller, it’s possible to fund your account by debit card or bank transfer. To use the service, a photo ID and a document confirming your address is usually all that’s required. Verification is often completed within 24 hours.
This is a mobile payments platform enabling casino gamers to use their phone bills as a means of deposit. The Boku service at casinos, which isn’t quite as prolific as some of the others mentioned here, is quick and convenient. It’s merely a case of selecting to ‘pay by Boku,’ entering your mobile phone number, confirming the request via text and then choosing the deposit amount.
The above services represent some of the most popular payment options currently available alongside staples such as debit cards and PayPal, although the list is by no means exhaustive. So in spite of the ban, there remain plenty of options for players when it comes to making an online casino deposit. On another positive note, there are no plans to extend the current credit card embargo to other forms of payment.