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Sick of using debit cards at online casinos? Join the club. While debit cards are widely available and consistent, there are a whole heap of drawbacks. Slow speeds, processing issues, security problems – you name it. Fortunately, there are plenty of alternative ways of depositing funds at the majority of online casinos.

Today, we will go over some of the most notable alternative payment methods at online casinos, as well as discussing their unique traits, pros, cons, and overall viability.

PayPal

PayPal has its pros and cons but it’s one of the best online payment options in the world. Fast, secure and unbelievably simple to use; it’s no surprise that PayPal is a top choice for anyone paying with real money at online casinos. Paypal is accepted at most online casinos, and you probably have an account if you’ve ever bought something online before.

So, how do you deposit money to your casino with PayPal? Associate your PayPal account with your casino account, select a deposit amount and click confirm. Then your money will appear in your casino account in seconds – and you can start playing casino games. And that’s it.

The protection afforded by PayPal is another huge plus point: you do not need to submit any financial details to the casino – this adds another layer of protection to the equation. This is a real bonus for players who are worried about submitting financial details and credit card or bank information online; it is yet another reason to use PayPal, and another sign of its safety record.

Another little thing I like about PayPal is the fact that it is just so fast. Deposits are instant. Withdrawals are within 24 hours. That means no hanging around waiting for payments to clear, and that’s great if you’ve just hit the jackpot on your slot machine and are itching for your money.

Pay-by-Phone

This method is good for phone-addicts; it allows you to deposit in online casino accounts with the help of your mobile phone bill or pre-paid credit. It is a great choice for players who don’t like to issue credit cards or transfer money from the bank.

If you purchase something on an online casino through any of the mobile network brands, whatever number you provide on the payment screen will be the number you have to use to complete the payment by mobile.

You will then receive a text from the casino confirming the payment (which you will have to confirm), and the amount will be added on your phone bill or removed from your prepaid balance. Obviously, it all depends on whether you’re at casino sites that support deposit by phone bill.

But more importantly, pay-by-phone is likely the simplest gambling payment method available: no card info to enter, no account to set up – just your mobile number.

However, there are some limitations that you must be aware of before you start using this type of pay-by-phone payment. The most challenging constraint would be that pay-by-phone is not allowed when it comes to pay-outs (meaning that you will need to use another payment method to be able to pull all your earnings, such as a mobile wallet or a bank transfer). There are also limits on how often you can pay by phone.

Regardless, if you want to top up your account at an online casino in a simple, hassle-free way, pay-by-phone is a totally acceptable solution to consider.

Crypto

The crypto market is growing at an incredible speed, and a considerable amount of casino players online use cryptocurrencies as their primary payment method. It is quite simple to understand why: with payment methods such as Bitcoin, Ethereum and other top cryptocurrencies, you will experience almost complete anonymity.

Fear not crypto fear-mongers – it’s not as bad as it seems. Even the Internet’s grandpa could use crypto. To start with, you’ll need a crypto wallet where you can store your digital goods. Next, an exchange where you can buy crypto, followed by funds in your casino account to play with.

Another advantage of cryptocurrency is that it is very fast. Deposits are normally processed in minutes, and can even be instantaneous. And cash-outs are often rapid as well, much quicker than with standard payment methods.

However, crypto does come with a couple of downsides. Cryptocurrencies, in general, can be extremely volatile and, when you deposit crypto, you never really know for sure if you will be able to withdraw the same amount when the market moves – either up or down.

When gambling online, another consideration is whether or not the site takes crypto. While the market is growing, only a handful of sites accept it as a payment method so far. It’s something to keep in mind.

Conclusion

We hope we have inspired you to try out a few different payment methods at online casinos. There is nothing wrong with using debit cards. If you are happy using them, then that is completely fine. However, if you want more control, faster deposits and withdrawals, and extra perks, you might want to consider some of the gateways we have mentioned.

Whatever you do, as long as you use safe payment methods and feel comfortable, you can’t go wrong. See you in the next one!