While digital technology has impacted almost every industry, it is the casino industry that has definitely been transformed by it.
Recent statistics revealed that there are over 2000 online casinos, with some of the best earning US$10 billion each year.
And while some people enjoy playing games on the way to work, unsurprisingly, the majority of gamers, such as 96%, were shown to prefer to play at home.
Also, when playing online casino games, 55% of players choose to enjoy these games on their mobile devices.
The increase in smartphone ownership coincides with the number of people playing online games, including casino games. It’s fair to say that technology – and its rapid development – affects how we work, socialize and spend our time.
What distinguishes online casinos from other online games is the chance to win real money. While paying online has become the norm in the last few years – especially with the rise of online banking – many players are likely to have their first concern about their financial security on online casino websites.
In this article, we will explore how safe it is to deposit at online casinos and the methods that have become the most popular over the years.
First: is it safe?
It makes sense to be cautious about spending money online. But in reality, making your payments online is more secure than ever.
This is because as a result of the amount of transactions made and the revenue opportunities this provides to businesses, organizations and brands invest a lot of money to ensure their customers’ sensitive information is kept safe.
The best online casinos are subject to many strict regulations and they always want to make sure they are following the rules and operating under valid licenses.
Many of the best online casinos are as secure as the biggest banks and actually lead the way when it comes to fintech.
You can feel as safe when depositing at the best online casinos as you are doing your online banking.
Best deposit methods
The best online casinos will have a range of payment methods to suit what works best for you. Check out some of them below!
This is a hugely popular payment platform accessible to customers who bank at over 250 institutions. This is a safe and well-known way to pay and transact quickly.
Founded in 1998, PayPal is a fast and secure way to both send and receive money and make online transactions. Most people are already familiar with it and it is a reliable way to deposit money. You can find the best casinos that accept PayPal at: roulette sites.orgcompares casinos to give you the best options.
One of the most exciting (and most talked about) innovations in the fintech space is cryptocurrency. cryptocurrenciesThey’ve become increasingly popular lately, including Bitcoin, especially as they can help protect players’ anonymity through their use of encryption.
Some of the other advantages of paying with cryptocurrencies are that the decentralized technology means you can receive your winnings almost instantly in addition to making deposits, meaning that payments can happen without delays.
While not all online casinos accept cryptocurrency, many are starting to bring the technology on board as their customers use it more. This is likely to be an area that will continue to grow over time.
A popular deposit and withdrawal method among online players, Neteller offers its users 24/7 deposits and withdrawals and charges low fees.
It’s also great if you’re looking for cybertheft protection, as Neteller is constantly upgrading its technologies to protect users. Since 2000, some casinos offer bonus points if you use Neteller on their website.