Payment Methods

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Posted by: SharpGambler on Wed, 28 December 2005 16:53:35 (690 Reads)

Everyone knows what a credit card is and its importance in online purchases. You just need a name and a few numbers and that's it. Purchasing chips at an online casino using a credit card is a simple process. You fill a simple form with your credit card information, choose the amount you want to purchase and in a few seconds you are playing.

The simplicity regarding purchases is not applicable to withdrawals. A credit card is not a bank account. It's impossible to deposit money into your credit card. The only thing possible is to credit the credit card with an amount equal or less than the initial purchase. It means that if you win you will not be able to withdraw your winnings using this method. In fact you will have to withdraw your funds using a bank draft or wire transfer, incurring in costs and time delays.

For the less organized user, using a credit card at every casino may be a problem because you will lost a track record of all your transactions. You know that you made a purchase here, another there, but just can't remember if you made any more purchases and the exact amounts.

Online casinos also give less bonuses to credit card users. Alternative payment methods have more bonuses attached.

Some banks don't allow certain transactions, and you will not be able to deposit any money.

Using an internet wallet like Neteller avoids these problems and gives you extra benefits. You have a centralized list of information regarding payments/withdrawals, you will enjoy extra bonuses on your deposits, and you will be able to withdraw any funds much faster and with less costs.