Popular Alternative Payment Methods for Online Casinos

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Online Casinos are generating billions of dollars more in revenue than their land based counterparts. The most important reason for its massive success is that you can play on them easily from any corner of the world. All you need to have is a mobile phone or a computer with decent internet connection.

Another important reason for their success is the various methods through which you can make payments on these sites. Online payment methods for casinos are extremely easy to use, secure and fast these days, and are used by almost all the players. Let us now look at some of the most convenient alternative methods for depositing money at online casino sites and the reasons behind their popularity.

Ecopayz

One of the biggies in terms of online casino payment methods, Ecopayz. Canadian casinos and players especially love this service. Boasting no transaction fees and is entirely free to use, Ecopayz is an e-wallet that is particularly easy to use and incredibly secure. Paying with it is a breeze as it is instant, global in reach and incredibly convenient. More even than paying, transferring money into and out of your Ecopayz account is also as simple as a couple of clicks and is fully supported by most major banks and payment methods.

PayPal

This method of payment is perfectly suited for the more tech savvy generation that wants things to happen within the blink of an eye. PayPal, an e-wallet, allows users to save money on it and use it whenever necessary. All you have to do is log into your PayPal account and make the payment.

There is no surprise then that PayPal has reached over 164 billion dollars in total payment volume in 2019. Players prefer PayPal because it doesn’t make them wait to play their favourite casino games. Various reputed online casino sites have PayPal as the preferred payment option.

What about credit or debit cards?!

Although not very old but credit or debit cards have now become quite conventional as almost all bank users have at least one of each with them nowadays. Before the advent of e-wallets this was the preferred mode of online payment. It is very trustworthy and secure and hence majority of people still use it.

In a way this method ensures that there is a two-factor authentication; first is to enter the pin and CSV number on the back of your card and second is to enter the OTP sent on your registered mobile number. This ensures that only the account holder can perform transactions using the card as they will be in possession of their card and mobile phones most of the time.

However, regardless of the benefits credit and debit cards offer, more and more people are opting for alternative payment methods these days.