Some players are reluctant to use credit cards as a deposit method at online casinos because they are required to fill in sensitive banking information during the process. Others have their cards declined and are forced to look for alternative deposit methods. Then again, there are less-experienced players who find e-wallets such as Skrill and Neteller rather confusing because one is expected to go through several steps in order to use them, including registering for an account, linking it to a credit/debit card, and verifying it.
This is where prepaid cards come in handy. These are easy to use, offer a high level of security and often require no registration or verification at all. In addition, a great number of online casinos accept prepaid cards as a deposit method, so players who use them are hardly left without options. To a great extent, these cards function like credit or debit cards but have a fixed value instead and serve as a convenient and safe alternative for making deposits at web-based casinos or paying for various online purchases.
Best Prepaid Card Casinos
Casino Action
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Card payments - up to three days
- Digital wallets - one to three days
- Bank transfers - up to 10 days
- Part of the Casino Rewards Loyalty Program
- A line-up of premium games from Microgaming
- Available for mobile play
- Players can receive support around the clock
- Licensed by the UK Gambling Commission and the MGA
- Multi-level welcome bonus
Players who want more action from their online casino of choice might consider registering for an account at Casino Action. The online casino has been providing an exciting online casino experience to players since 2002, and it is hardly a coincidence that it has remained relevant.
There are indeed many games to enjoy at Casino Action, and the majority are powered by Microgaming. Currently, players can pick and choose from more than 500 slots, table games, jackpot slots and live games. They can also be confident that the live lobby delivers a top-notch experience, and it could not be otherwise, as it is powered by Evolution Gaming.
Bonuses and special deals are certainly not an area in which the casino is lacking, and if the sign-up deal is not enough to convince players to join the community, the loyalty programme might catch their attention.
Depositing and withdrawing funds are exceptionally easy at Casino Action and, in addition to debit cards and digital wallets, players can add funds to their accounts through prepaid vouchers.
UK Casino Club
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Card payments - up to three days
- Digital wallets - one to three days
- Bank transfers - up to 10 days
- Offers around-the-clock customer care
- An extensive roster of slots
- Generous welcome deal
- Fully licensed online casino
- An online casino with a long-standing presence on the online gambling scene
- Accepts several quick and reliable payment solutions
UK Casino Club is an online casino that offers gambling enthusiasts a top-quality experience. Licensed and regulated by the UK Gambling Commission, the casino strives to provide its users with up-to-scratch security standards. The sign-up deal available when players create their accounts might also encourage them to choose UK Casino Club over other online casinos that cater to Brits.
By joining the casino’s community, players will gain access to a wide-ranging portfolio of games, mainly powered by the industry veterans at Microgaming. As a result of this partnership, users can explore a wide assortment of jackpot games, slots, table games, video poker varieties and live games. UK Casino Club is the ultimate place to play, whether players prefer to place smaller bets or are high rollers, as there are enough games to suit all preferences.
Help is never far away at the casino, and whenever players struggle with any aspect of their gaming session, they can always turn to the friendly and well-trained support hosts via email or live chat.
Videoslots
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- A couple of hours for digital wallets
- Up to 3 days for card payments
- Licensed in a number of jurisdictions
- Mind-blowing slots diversity
- Multi-product betting platform
- Accepts multiple deposit and cashout methods
- Accessible on the go
- Offers assistance via email, over the phone, and live chat
Licensed and regulated by a number of authorities, including the Gambling Commission of the UK, Videoslots is an online casino that has become synonymous with premium-quality casino entertainment. As players might guess from its name, the operator strives to excel, especially when it comes to slots, and the sheer diversity of such games proves this.
The operator takes pride in offering one of the most extensive portfolios. To deliver such a massive range of table games, jackpot slots, live games, scratchcards and video poker varieties, among others, Videoslots joins forces with more than 100 software providers.
While it might not be the most visually appealing slot-oriented online casino, the operator makes an extra effort to provide all its users with an excellent overall gaming experience. To ensure that every player feels right at home from the get-go, the operator has prepared various special incentives. No gaming experience is complete if players have to interrupt it while on the move, and fortunately, Videoslots is not among the casinos that have overlooked mobile play.
All British Casino
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Instant after approval for e-wallets
- Three to five days for card payments
- Offers support around the clock via email, live chat, and over the phone
- Easy-to-navigate game portfolio
- Operates under seals of approval from the UK Gambling Commission and the MGA
- SSL-secure website
- Supports a range of payment methods
- Extensive live lobby powered by Evolution Gaming
Operating since 2013, All British Casino is celebrated for its superb game suite, generous bonuses, and attentive customer care, to name but a few of its strengths. As players might expect from the name, the operator’s sole focus is to provide Britons with a casino created exclusively for them. Packed with top-of-the-range games, All British Casino’s portfolio offers every type of gaming option players could want, including jackpot games, slots, table games, live games and video poker.
Providing players with a fun-filled betting session is All British Casino’s goal, and thanks to the operator’s collaboration with providers such as Play’n GO, NetEnt, Red Tiger, Pragmatic Play, Amatic Industries, IGT, and Microgaming, users of the casino can access a well-balanced game selection. The best part is that All British Casino users need never miss out on the action, regardless of time or place, as all games are available with just a few taps on their tablets or smartphones.
All British Casino adheres to the strict rules and regulations of the Gambling Commission of the UK and the Malta Gaming Authority, giving players peace of mind that its practices are up to scratch.
Hyper Casino
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Instant after approval for digital wallets
- Up to three days for card payments
- A top-notch roster of slots
- Accepts multiple quick and reliable payment solutions, including prepaid cards
- Licensed by several regulatory bodies
- Fully mobile optimised
- Does not charge extra fees on deposits and cashouts
- Offers a nice sign-up deal
Sharp in style, Hyper Casino might be a newcomer to the online gambling scene, but it is poised to become an attention-grabbing betting site for players who are looking for casinos that burst with excitement.
The operator works together with multiple reputable game-making studios, and some of the instantly recognisable names on the list include Microgaming, NetEnt, Evolution Gaming, Big Time Gaming, NYX Gaming and Thunderkick, among others.
Hyper Casino has also done a sterling job when payments are concerned, and, when transferring funds to and from their accounts, avid casino fans can make use of Mastercard, Visa, ecoPayz, Neteller, Skrill, Paysafecard, Jeton and MuchBetter, among others.
The operator not only strives to push boundaries in terms of entertainment, but also wants to ensure that its users are offered a safe betting environment. Hyper Casino keeps customers' banking details private through up-to-the-minute encryption technology and is fully regulated by the MGA and UKGC.
Casumo Casino
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Card payments - up to two days
- Bank transfers - up to 10 days
- Digital wallets - instant after approved
- Presents downloadable apps for play on the go
- Offers a portfolio of well over 1600 games
- Offers lightning-fast cashouts
- Licensed in several jurisdictions
- Multi-product platform
- Presents various special incentives
Casumo Casino is a distinctive and innovative online casino that has been operating since 2012. Particularly well suited to slots fans, the casino has a lot to offer players who are interested in jackpot games, live games and classics as well. Players should have no trouble accessing all the titles they enjoy on their tablets or smartphones, as Casumo Casino has released two downloadable apps, enabling play on the go.
The multi-award-winning online casino knows how to give new players a warm welcome, but it has not overlooked its most active customers either, ensuring that they also have plenty to explore in the bonus department.
Gambling enthusiasts can sign up knowing they are about to use the services of a reliable and trustworthy casino operator, as Casumo Casino holds licences from the UKGC and the MGA, to name but two.
Mr Green
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Up to three days for bank transfers
- Instant after approval for digital wallets
- Up to three days for card payments
- An award-winning mobile casino
- Offers fast cashouts
- 24/7 customer support
- Offers downloadable apps for iOS and Android-based devices
- Multi-lingual website
- Multiple special offers
Launched in 2007, Mr Green now prides itself on a mind-blowing number of accolades and a constantly increasing customer base. With an abundance of games available on desktop and portable devices, the online casino is fully prepared to keep reel spinners, fans of table games, live games and jackpot titles busy for hours on end.
It is a renowned and well-established betting platform that is preferred by sports bettors and casino players alike. Its casino section has what it takes to appeal to players, and, thanks to Mr Green’s solid partnerships with a number of leading and emerging providers, players are treated to slots, jackpot games, live games and classic titles.
Mr Green is also ahead of the game when it comes to betting on the move, and mobile users can enjoy a seamless betting experience thanks to two downloadable apps. The operator makes every effort to ensure that payments to and from the online casino are fast and smooth, and the payment providers players can rely on include Visa, Mastercard, Neteller, Skrill, Paysafecard and direct bank transfers.
Yako Casino
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Three to four days for bank transfers and card payments
- Instant after approval for digital wallets
- Has seals of approval from several authorities, the UKGC included
- Extensive game portfolio
- Fully mobile optimised
- Accepts several time-efficient and reliable banking processors
- Offers support via email, phone, and live chat
- SSL-secured website
Yako Casino is a fun online casino that seeks to bring the thrill and excitement back to the betting experience. The online casino is accessible in numerous territories, and Brits can rest assured that they are playing their favourite games at a reliable casino approved by the UKGC.
The operator aims to provide its users with a customised experience, and the game portfolio Yako Casino has introduced demonstrates this. The casino offers a wide array of games for players to explore, including slots, jackpot games, video poker, live games, bingo, and scratchcards, among others.
Another reason players continue to flock to the casino is the operator’s well-thought-out line-up of regular and limited-time incentives, which helps all its members begin their betting sessions successfully.
The operator provides full accessibility to the betting platform, as the website is fully optimised for play on handheld devices. The usability of the casino remains unchanged when players access it on their tablets or smartphones, so they can be confident that their betting sessions will still be up to scratch.
888casino
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Three to five days for card payments
- Up to two days for digital wallets
- Up to seven days for bank transfer
- Accessible on the go
- A well-known and reputable casino brand
- Has seals of approval from multiple regulatory bodies, including the UK Gambling Commission
- Busy bonus schedule and VIP program
- Offers games from several well-established providers
- The website is available in multiple languages
888casino is one of the casinos that have been trailblazing the online gambling world for quite some time. Holding multiple industry awards, the brand is renowned for its casino, sports betting section and bingo platform.
Dedicated to providing its users with a first-rate casino experience, the operator partners with a number of game studios that have already made a name for themselves. All major game categories are covered by the operator, and players are in for a treat if they want to dive into slots, live games, jackpot games, or classics. Players can access all these games without exception while on the go, using the downloadable apps designed for iOS and Android devices.
The operator provides all the information players might need about their deposits and withdrawals, including the accepted methods, processing times and whether additional charges apply. Moving funds to and from 888casino is hassle-free, and avid casino fans can top up their accounts or withdraw their winnings using debit cards, digital wallets, direct bank transfers, among other options.
Yeti Casino
Min Deposit£10Max WithdrawalNot cappedDeposit MethodsWithdrawal MethodsWithdrawal Time- Card payments - up to one day
- Digital wallets - up to one day
- Accepts play from multiple jurisdictions
- The support team is accessible around the clock
- Two downloadable Yeti Casino apps
- Diverse range of live games
- Runs multiple bonus deals
- No transaction fees are applied to deposits and cashouts
Launched in 2017, Yeti Casino promises to bring players plenty of thrills and excitement, something many operators fail to achieve. With over 1,500 titles on offer and counting, the operator strives to cater for all its users, regardless of whether their list of favourite games consists of slots, table classics, live games or jackpot slots. To ensure that players enjoy the required game variety, the provider collaborates with software developers such as Amatic Industries, NetEnt, Microgaming, Evolution Gaming and Novomatic, among others.
Players can experience the joy and excitement of holding the casino in the palm of their hands by using the mobile version of Yeti Casino or its downloadable apps. Yeti Casino vows to offer lightning-fast cashouts and deposits and, to deliver on this promise, accepts payments via Neteller, Skrill, MasterCard, Visa, ecoPayz, Trustly, Paysafecard, Flexepin and Jeton, among others.
Another reason the casino is rated so highly is that it offers high levels of security and is fully licensed. In addition to the licence granted by the UK Gambling Commission, the operator also holds a stamp of approval from the Malta Gaming Authority.
Prepaid Cards Registration Process
Prepaid cards have come a long way, and today they are among the most commonly used payment methods by avid casino fans. This is hardly surprising, considering that they provide players with unmatched security and are time-efficient too.
This payment solution has evolved considerably over the years and, while gambling enthusiasts were previously able to add only small amounts through single-use vouchers, some providers now allow users to register an account and enjoy greater flexibility with their payments.
- If players prefer to top up their accounts through single-use prepaid vouchers, they need to head to the nearest point of sale. To make things easier for their users, some providers of prepaid vouchers offer locators that help find the nearest sales outlet.
- Depending on the type of prepaid card players wish to use, they might also be given the opportunity to purchase such cards over the Internet. If they find this option more convenient, they will be required to follow the same steps and will once again be allowed to pick from several denominations.
- When players already have a prepaid voucher with the desired value, they will be ready to proceed with their deposits at their preferred casino. Moving funds to their account is exceptionally simple, and all avid casino fans need to do is enter the amount they want to deposit and then provide the unique code of their prepaid voucher.
- As we said earlier, some companies that offer prepaid vouchers now allow their users to register for an account, make deposits of larger amounts, and even request withdrawals. To create such an account, players will be asked to set up login credentials and then verify their email address.
- Next, they will be required to provide some personal information, including their name, address and date of birth. They might also be asked to provide their mobile number.
- After they top up their accounts with the desired amount, gambling enthusiasts will be ready to make casino deposits quickly and without exposing any of their personal or banking details to the casino.
Prepaid Cards Registration Process FAQ
Are my details safe while using prepaid cards?
Yes. One of the biggest strengths of prepaid cards is that they offer exceptional security, as players do not need to enter any personal or banking details to complete payments. Instead, all they need to do is use the unique code of their voucher. Even if there is the option to create an account, players simply log in to their accounts with their credentials and authorise the transaction.
Are any fees involved while using prepaid cards to make casino deposits and withdrawals?
It is difficult to say for sure whether players will face extra fees when using prepaid cards for their casino deposits, as this depends on the type of prepaid voucher and the chosen casino operator. Normally, online casinos do not charge extra fees on payments executed through prepaid vouchers, but it is advisable to look into this before you proceed with deposits or cash-outs.
Can my winnings be paid back to prepaid cards?
Once again, this depends on the type of prepaid card and, of course, the online casino. If the company allows its users to register an account, they might be able to move their winnings back to it. Even if this is the case, players should ensure that the payment processor is listed on the casino’s withdrawal page.
How do prepaid cards compare with other payment processors online casinos accept?
Prepaid cards have many strengths, and the fact that they offer exceptional security is what makes them a top choice for gambling enthusiasts, as there is no need to reveal any banking details. Prepaid cards are also a great alternative for players who want to make sure they do not exceed their budgets.
How long do payments via prepaid cards take?
When adding funds to their accounts via prepaid cards, players will not face any delays, and the chosen amount will be instantly reflected in their balance. Cash-outs, if possible, take longer, as such requests must first be approved by the casino representatives, which takes one to three days. Then, players will be free to use their winnings after several hours and up to three days, depending on the casino.
Types of Prepaid Cards
It is possible to distinguish between three major types of prepaid cards, and all three are listed as supported deposit methods at some of the most reputable online casinos in the industry. Prepaid cards differ from standard debit and credit cards because they have a fixed monetary value that is not linked to a bank account at any specific financial institution. This allows players to deposit funds at online casinos while retaining their anonymity at the same time.
Prepaid cards can be obtained at financial institutions, purchased online or even bought at retail outlets, petrol stations and newspaper kiosks. Of course, it all depends on which of the three types of prepaid card you opt for.
Reloadable Prepaid Cards
As the name itself indicates, this type of prepaid card can be reloaded when its balance is exhausted. Please note that reloadable prepaid cards and gift cards are not one and the same thing, which is why the rules and regulations concerning both types of cards are different.
Reloadable prepaid cards function in the same way regular debit cards do but the difference is that the owner tops up the card with cash instead of accessing funds held in a current account. More often than not, you can start making purchases or deposits at online casinos right away, as there is no need to activate the card when you obtain it. Once you deplete the funds, you can register the card by providing personal information such as your date of birth, permanent address, name and email address.
There are several ways to top up a reloadable prepaid card. One option is to take the card to a participating retailer. An employee of the store will swipe it through the machine and add more funds to its balance. Another option is to reload the card via direct deposit from your salary or transfer the funds from your current or savings account. Typically, there are no fees involved when the card is reloaded via direct deposit. Speaking of fees, players who plan on using reloadable prepaid cards must bear in mind that there is a monthly fee which is automatically deducted from the card’s balance, regardless of whether you use it or not.
Some of the largest and best-known payment technology companies in the world issue reloadable prepaid cards, including giants like Mastercard, Visa and American Express. Of course, the fees and terms of use differ depending on the issuer. There is a variety of reloadable prepaid cards, issued by the above-listed brands, which can be conveniently used for different purposes such as shopping online, paying utility bills and, of course, depositing at web-based casinos. Reloadable prepaid cards can typically be used at all online casinos where Mastercard, Visa and American Express cards are accepted.
The risk of overspending is eliminated altogether, as casino enthusiasts can play only with the money the card is loaded with.
Disposable Prepaid Cards
Another option for casino players is to purchase disposable prepaid cards, sometimes referred to as pre-denominated cards. These cards can usually be bought at retail shops, financial institutions and major credit card companies.
Players can use such cards to make deposits at their favourite online casinos without revealing their identity or even having a bank account. It is possible to download and install applications from the websites of the institutions that issued the card so that you receive a unique card number for each transaction to the online casino. Setting a limit on transactions is also an option. More often than not, disposable cards expire within six or twelve months of purchase.
Some gift cards issued by Visa and Mastercard also fall into this category. Similarly to credit and debit cards, gift cards have a magnetic strip or a barcode, which is used to recognise the card. In many cases, these gift cards cannot be used to withdraw money at ATM terminals. Once players decide which gift card corresponds to their needs, they can go to the retail store’s cashier and top up the card with their desired amount of money. The amount will be entered into the store’s database, which is linked to the ID of the card, instead of being stored on the card itself. On some occasions, these gift cards can be activated by calling a specific number.
Undoubtedly, one of the most popular prepaid deposit methods among casino players is Paysafecard, which is supported as a payment option by all well-known online gambling operators in the industry. Paysafecard PINs can be bought at over 500,000 outlets around the world and are available in several denominations – £10, £25, £50, £75 or £100. You will be able to buy Paysafecard PINs with higher denominations of £125, £150 or £175 at PayPoint.
Paysafecard PINs consist of 16 digits. To process a deposit, players need to select Paysafecard from the casino’s cashier menu, input the amount of money they wish to transfer, and enter this 16-digit code. The money will be available for play instantly. If any money is left on the voucher, you can use the PIN again until the balance is exhausted.
Please note that there is an option to register an account with Paysafecard and top it up with the PINs you have purchased at your local retail store. Combining several PINs is also possible for players who wish to boost their casino balance with a more substantial amount of money. If you register, you will be able to deposit at online casinos by entering your Paysafecard username and password.
Virtual Prepaid Cards
Virtual prepaid Visa cards, like those provided by EntroPay, are another deposit method that has gained popularity among casino players in recent years. EntroPay’s virtual prepaid cards are available in three currencies, namely GBP, EUR and USD. In order to use this deposit method, players first need to register for an account with EntroPay. Once the registration is complete, the virtual prepaid card will appear on the screen and the account holder’s name will be displayed on the front. The virtual card can be topped up either via a bank transfer or by using a credit or debit card.
Processing a deposit with such a virtual card is exceptionally simple, time-efficient and secure. The process is quite similar to depositing via a physical credit or debit card. Players should head to the cashier section of their preferred online casino and select EntroPay from the list of available deposit options. Then, they need to fill in a form specifying the amount they wish to deposit, their name, the virtual card’s number, its expiry date and the three-digit CVV code. Once the transaction is confirmed, it will go through immediately, and the money will be instantly available in the player’s casino account.
One of the greatest advantages that virtual prepaid cards by EntroPay have to offer is the option of processing withdrawals – something that is not possible if one uses Paysafecard, for instance. Cashing out via this method is just as simple as depositing. All you need to do is select EntroPay as your withdrawal method, specify the sum you wish to withdraw and fill in your EntroPay details. Your winnings will be credited to your EntroPay account shortly after.
Virtual prepaid cards are also provided by ecoPayz. To use them for online gambling, casino enthusiasts are required to create an ecoPayz account by going through a quick and simple registration process. Once the registration is complete and the new account has been topped up, players can link their virtual card to the ecoPayz account and process a deposit at their preferred online casino. The virtual card expires after a single use, which renders it an extremely secure deposit option since it cannot be lost or stolen.
Another option is to purchase a physical prepaid ecoCard from ecoPayz. EcoPayz will send the card by post within a few days of the application. Once players receive their prepaid ecoCard, they need to activate it in their ecoPayz account and that is all – the card will be ready for use at online casinos.
Online Casino Deposits with Prepaid Cards
Players who decide to use prepaid cards as a deposit option will hardly experience any difficulties boosting their online casino balance. All it takes is visiting the banking section of their online casino of choice and selecting the type of prepaid card they want to use from the available options. The player should then specify the amount they wish to transfer to their casino balance. In the case of Paysafecard, the 16-digit PIN code needs to be entered, but if you use a virtual EntroPay card or a gift card, you need to input the card number, expiry date and, in some cases, the cardholder’s name.
Those who opt to deposit via this method can sometimes buy a prepaid card directly from their preferred casino’s website. Players are again required to log in to their accounts, head to the cashier section and click on the prepaid card option. This way one can always be sure the prepaid card they have bought will work seamlessly for deposits at the casino from which it was obtained.
Deposits via prepaid cards go through instantly, which means players will have access to their casino funds right away. However, when it comes to withdrawals, things tend to get a bit more complicated. Cash-outs via prepaid cards are often impossible. This can be attributed to the fact that prepaid cards are not linked to a specific current account or another funding source. The same applies to Paysafecard, which also does not allow withdrawals to be processed. Many casino players decide in favour of using the virtual Visa cards by EntroPay since the latter allow for both deposits and withdrawals.
Prepaid Cards and Security
Many casino enthusiasts who are new to online gambling are reluctant to disclose their banking information because of security concerns or simply wish to retain their anonymity. Prepaid cards are the perfect option for such players and are regarded as one of the safest deposit options available.
As credit-card fraud has soared in recent years, prepaid cards are a perfect alternative, as they are not connected to players’ social security numbers or bank accounts, which practically means there is no sensitive information for fraudsters to steal. If such a card is stolen or lost, the losses are limited to the available balance on the card.
In addition, all established and legitimate online casinos take stringent measures to ensure their players are protected against misappropriation, identity theft and other fraudulent activities. Well-known gambling operators have adopted the latest SSL encryption to “hide” sensitive banking information and ensure only the intended recipients have access to the data concerning transactions to and from players’ casino accounts.
Prepaid Cards Processing Times
Regardless of the type of prepaid card players prefer to use, they can be certain that their funds will be instantly available in their casino accounts. Prepaid cards are celebrated for their convenience, and most of them offer one-tap payments. If players are given the opportunity to register for an account, they will benefit from the same exceptional ease of use and speed of transactions.
When employing single-use vouchers, all it takes for gambling enthusiasts to start playing with the funds on their prepaid card is to enter the unique code and confirm the payment, while account holders, on the other hand, need to log in to their accounts with their credentials. In either case, players’ deposits will go through straight away.
Where things get more complicated with prepaid cards is that cash-outs are not always possible, which is the case with single-use vouchers. On such occasions, players will be offered other alternatives such as bank transfers. Payment processors like Flexepin and Paysafecard might double as cash-out methods in some casinos, but only if players have already created accounts with these companies.
Prepaid Cards Processing Times | |
---|---|
Gambling Deposit Time | Instant |
Gambling Withdrawal Time | Cashouts are not always possible |
Bank Account Deposit Time | N/A |
Bank Account Withdrawal Time | N/A |
Credit/Debit Card Deposit Time | N/A |
Credit/Debit Card Withdrawal Time | N/A |
Fees Associated with Prepaid Cards
As mentioned previously, the fees associated with this deposit method depend on the type of prepaid card players have invested in. Also, it is important to mention that online casinos rarely, if ever, charge their players for processing deposits.
If you decide to deposit via prepaid Paysafecard vouchers, you will be charged a £3.00 fee only if your Paysafecard account has remained dormant for a period of twelve months. Paysafecard also charges fees on currency conversion.
Players who deposit via virtual prepaid Visa cards by EntroPay will be charged a 3.95% fee each time they top up their cards via a bank transfer. Boosting your virtual Visa card’s balance with your credit or debit card will cost you 4.95% of the overall sum with which you have topped up the card. Transactions with the virtual EcoCard by ecoPayz are processed free of charge but issuing and activation cost £1.50.
The fees imposed on prepaid reloadable cards and gift cards vary depending on the issuer. Typically, these fees are deducted straight from the reloadable card’s balance, regardless of whether you are actively using the card or not. Some financial institutions charge their customers a monthly service fee if the fixed value of the prepaid card is not exhausted within six months. In some cases, card holders who wish to terminate their reloadable cards have to pay “closure fees” as well.
Prepaid Cards Fees and Limits | |
---|---|
Gambling Deposit Fee | Free |
Gambling Withdrawal Fee | Free |
Bank Account Deposit Fee | N/A |
Bank Account Withdrawal Fee | N/A |
Credit/Debit Card Deposit Fee | N/A |
Credit/Debit Card Withdrawal Fee | N/A |
Maintenance Fee | Depends on the company |
Advantages of Using Prepaid Cards as a Deposit Method
There are plenty of perks to using prepaid cards as a casino deposit method, which explains their immense popularity among players. Enhanced security is surely one of the greatest advantages of adopting this deposit method.
Since players fund their prepaid cards using cash and the cards are not linked to a current account, there is no need to disclose any sensitive financial information when depositing. Needless to say, this also enables players to retain their privacy and anonymity and protects them from identity theft. On that note, prepaid cards will also spare you the hassle associated with visiting your bank and applying for a credit or debit card. Anyone can obtain a prepaid card as long as they are at least 18 years old, regardless of their previous credit history.
Finally, prepaid cards are widely accepted by all reputable online casinos in the industry and are the perfect alternative for players on a budget, since they allow for greater control over one’s expenditures and eliminate the risk of overspending altogether. Players can spend only the amount that is loaded on the card.
Disadvantages of Using Prepaid Cards at Online Casinos
Prepaid cards have relatively few disadvantages. The biggest drawback of using them as a deposit method is the fees associated with them, which some players deem too hefty. Also, since prepaid cards are not debit or credit cards, they often do not fall under the protection of the Financial Services Compensation Scheme in the UK. Prepaid cards will not earn you any interest either, simply because they are not linked to a current or savings account. Last but not least, it is impossible to initiate withdrawals with some prepaid cards. Players using such cards are sometimes forced to look for alternative payment methods in order to cash out their casino winnings.
Prepaid Cards Alternatives
Prepaid cards are indeed exceptionally convenient to use and, without a doubt, rank among the most frequently accepted payment methods at online casinos. Still, their usage does not come without downsides, and in view of this, it is useful to know what other payment processors are also appropriate for transactions to and from online casinos.
Luckily, the choice of such banking methods is far from limited, and finding a payment processor that fits players like a glove is unlikely to be a headache.
- ecoPayz
One of the biggest downsides of executing payments via prepaid cards is that they cannot always be used for cash-outs. To deal with this issue effectively, players should consider using digital wallets like ecoPayz. Introduced two decades ago, the fact that the digital wallet is preferred by millions of people from all corners of the globe proves that ecoPayz should not be overlooked.
Casino enthusiasts can receive and send money securely over the Internet while using the e-wallet, as their privacy is guaranteed at all times. Players can start using the digital wallet without paying any extra charges and execute deposits and cash-outs from their online casino of choice even when they are on the go. Even though some players might say that creating an account and moving funds to it makes the payment solution less convenient, the extra steps are unlikely to create any hassle, as this process takes almost no time.
Making payments to and from online casinos via ecoPayz incurs low or no fees, which is yet another reason why the digital wallet is so popular among players. The e-wallet is a great option for highly active players also because using it is unlikely to prevent them from taking part in any of the special deals online casinos offer.
When withdrawing their winnings via ecoPayz, players might need to wait a couple of hours, or in the worst scenario up to two days, until their funds are released by the online casino.
- Trustly
Founded in 2008, Trustly is a payment processor that quickly gained popularity among players from the UK. It is a simple and secure solution for online gambling that offers account-to-account payments. Trustly provides speed, simplicity and security, and enables players to carry out payments straight from the balance of their bank accounts.
Trustly’s vast bank coverage significantly enhances the user experience, and players are likely to find the name of the bank where they hold an account on the list of supported institutions.
Deposits via Trustly are completed in real time and, as a result, avid casino fans can start playing all their favourite games right away. Cash-outs also do not take long to clear, and players’ winnings will almost instantly be credited to the balance of their bank accounts after their withdrawal request is authorised.
The best thing about Trustly is that players do not need to create separate accounts or download and install any apps on their devices to start making payments through it. While using Trustly, players need not worry about security, as the method is authorised and supervised by the Swedish Financial Supervisory Authority and holds a European Payment Services Provider (PSP) licence.
- Debit Cards
Debit cards are increasingly popular among Brits, and online casinos make an extra effort to respond to the growing demand, as most operators facilitate payments through Visa and Mastercard. It makes sense that debit cards are such a favoured deposit and cash-out method, as they offer convenience and speed.
In fact, debit cards are accepted at almost every online casino, so gambling enthusiasts will have plenty of choice regarding where to enjoy their favourite games and use their preferred payment method.
Making online casino deposits through a debit card is dead easy, and the steps avid casino fans need to follow are no different from those required when making other online purchases. Aside from being exceptionally easy to use, the processing times of debit cards also make them a clear choice for gambling enthusiasts.
Due to the instant nature of debit card deposits, players can immediately begin making real-money bets. The same cannot be said about cash-outs, and after players’ withdrawal request is reviewed and approved, their funds will be accessible within three to five days, depending on the casino.
Casino operators rarely charge additional fees on payments via debit cards, and together with the strong security protocols in place, it is easy to see why the payment solution is so popular.
- MuchBetter
MuchBetter is a payment processor through which players can make payments and transfer funds anywhere around the globe with the confidence that their money is properly protected. This award-winning e-wallet allows players to move, store and send funds quickly and in complete safety. Additionally, the high acceptance rate of the digital wallet helps explain why it is such a great choice for gambling enthusiasts.
The MuchBetter wallet is suitable not only for casino deposits but for cash-outs too, which makes it an exceptionally convenient alternative to prepaid cards. While using the digital wallet, players will benefit from lightning-fast payments, as transactions via MuchBetter are executed in real time. Registering for an account is exceptionally quick and straightforward.
Downloading and installing the dedicated apps for iOS and Android-based devices is a breeze: all players need to do is open their phone’s camera, scan the QR code and tap the link to install.
The digital wallet goes even further in protecting its users’ sensitive information and, to ensure that only legitimate transactions go through, the company relies on Touch ID, dynamic security codes, device pairing and a transaction review system.
- Skrill
While playing online, avid casino fans want to be sure that the preferred amount will be instantly ready for use in their accounts, and for this reason, they prefer payment solutions that process transactions in real time. Although it takes a few additional steps for players to start using the digital wallet, Skrill remains one of the most popular payment solutions for casino deposits and cash-outs because the security of players’ funds is the last thing they need to worry about.
This is one of the most recognisable digital wallets available, and players will see it on the banking pages of the lion’s share of online casinos operating today. It is hardly a coincidence that Skrill is now such a popular option among players, as it is available for both deposits and withdrawals.
What is more, it is one of the most time-efficient payment methods not only for deposits but also for cash-outs. Withdrawals normally take several hours to complete, but there are also online casinos where such payments require a few days.
The digital wallet can be utilised by any casino enthusiast, as the transaction limits are generally wide enough to cater to the needs of both high rollers and recreational players.
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As a long-time online casino player, I can testify to the usefulness of prepaid cards. They let you make instant deposits while keeping most of your personal data secret. There are many prepaid services that you can utilise, with paysafecard, EntroPay, EcoCard being some of the more popular services among others. With prepaids you can place a limit on your spending, a feature I appreciate very much. The bad aspect of these services has to be the customer support. More often than not, the agents will not be adequately trained to deal with issues, resulting in headaches on your part. These are my observations. Despite their problems, I have found prepaids to satisfy my needs perfectly and would recommend them to anyone.
Prepaid cards have always been the payment solution that I have used to deposit to online casinos. Since I am normally playing for fun and not looking for a payout, withdrawals were never a concern for me. Over the years I have used several prepaid services, including paysafecard, EntroPay, and physical prepaid Visa cards, found in supermarkets. Each of these has its own advantages and disadvantages, though I consider EntroPay to be the best of them. Payments made via prepaids are typically processed instantly, letting you start playing immediately. Prepaids are not as convenient as your credit cards or eWallets, but that is the price you pay for anonymity and extra security.
I have always been anxious about sharing my personal information online so this is the reason why I use prepaid cards. Paysafecard is the service I prefer to use. It is reliable and does not require me to submit any sensitive information to third parties. Deposits made to online casinos clear instantly and you can start playing there and then. Withdrawals, however, are impossible via this service so you need to utilise another one to accomplish this. Paysafercard’s customer support can also be a pain to deal with but I never had to do that more than a few times over the last 3 years.