The rock upon which the castle is built must be solid. The same goes for an online casino. Banking methods must be safe and secure with privacy issues respected. Common methods normally include credit and debit cards along with bank transfers. However, in recent years more and more reputable banking methods have become available. With better encryption and more up to date software and security methods.
Cryptocurrencies are becoming more and more commonplace. Also attractive due to their increase in value. Take Bitcoin for instance. In December 2016, one Bitcoin was worth just under $1,000. Fast forward just a few months to August 2017 and one Bitcoin is now worth over four times that amount at about $4,400 per Bitcoin. This makes the cryptocurrency highly attractive to investors and subsequently casino players too.
Newer cryptocurrencies include Etereum, which is also gaining ground and becoming an attractive investment option and payment method. eWallets are popular banking methods with providers such as Skrill and Neteller. There are often promotions in conjunction with certain depositing and withdrawal methods such as these mentioned here.
When it comes to security, many casinos now use 128 bit SSL encryption and firewalls. These help to keeping banking information ultra confidential. Many modern banking methods are rock solid these days. Security and confidentiality are virtually guaranteed.
From time to time new banking methods become available. When they do, we issue news items to inform our players of any positive developments and possibly issue a promotional offer in conjunction with them. For instance, the newest method now being accepted is Paste and Pay. This new option is available by contacting the casino cashier, who will guide you through the whole process. All it takes is opening an account with the service provider and as a consequence, depositing will be as easy as A, B, C. By buying a voucher from the service provider, you can redeem it as payment on the participating casino’s website.
Another newer depositing method is PugglePay. This is a mobile application, payment system. This option allows the transfer of cash to your phone, to be used as credits with an online casino. This 'instant' cash can be transferred to and from your phone wherever you are and whenever you want. The main advantage of using PugglePay is that very little personal information needs to be exchanged so it is a very secure method. It can also be used for general shopping so it has multiple uses. Although currently only popular in Sweden, this banking method may explode internationally with more people from different countries starting to use it. When paying with PugglePay, you are sent an invoice which can be paid in 2 weeks time, therefore you use credit and pay later. It gives you the time to sort your finances out carefully and efficiently. Bonuses are sometimes offered to players to use this depositing method as it is attractive to both players and casinos alike.
Make a valued decision about which banking method to use. Keep in mind the offers and promotions with certain methods, the flexibility, swift availability of funds and security issues. These all have to be taken into consideration before deciding. Here we will keep you fully informed of any developments of note affecting banking. Keep you eye on the money and it will be safe!