Popular Payment Methods
As you probably know, there are hundreds of online casino payment methods. Yet, some have more advantages than others, which we’ll be covering here. The methods below can be used to deposit or withdraw funds from your account in the best Ireland casinos, evaluated by experts.
Take a look at the pros and cons of the most popular casino payment methods:
While not as popular as before, debit cards are still one of the most used Irish payment methods. Players can use this method to fund others, such as E-Wallets or vouchers. Others prefer to use it directly at the casino, which is more convenient. This payment is convenient and secure since users must authorise transactions with their bank or card provider. On the other hand, casinos are slowly starting to reject this payment method as many iGaming regulators are banning it due to addictive gambling concerns. There’s also the risk of fraud if you play in an unlicensed casino. The most popular options include Visa, Mastercard, Maestro and American Express.
E-Wallets are one of the most widely available payment methods in Ireland. Often regarded for their speed and safety, these methods are great for deposits and withdrawals. There are two ways to use an E-Wallet: you can fund it with a prepaid amount or pay as you please by linking it to your bank account or debit card. No matter which way you pick, choosing an E-Wallet adds a new layer of security. This method is fully encrypted, making it one of the safest around. It’s also very fast, authorising transactions in a few minutes. On the flip side, users may experience delays and must provide additional information before using it. Take into account that some operators don’t allow players to get bonuses when using these online casino payment methods. The most commonly used E-Wallets for online casinos are PayPal casinos, Skrill casinos, Neteller casinos and Trustly casinos.
Neteller allows users to fund their accounts using a variety of payment options,...
PayPal is a popular digital payment service that allows users to securely send a...
Skrill is a popular e-wallet payment service that enables users to make secure a...
Cryptocurrencies, also known as digital currencies, are a widespread phenomenon taking the world by storm. It didn’t take long until they started being used as a payment method. But what makes them one of the best Irish payment methods? For starters, its security; crypto transactions are validated on something called the blockchain, a public access network that can’t be tampered with. Even though all transactions are public, users can remain anonymous through this untraceable method.
Cryptocurrency payments have minimal fees, making them a favourite for many casino lovers. While casino fees are usually small, they can add up over time, so it’s best to avoid them as much as possible. Crypto casinos are faster than most casinos accepting traditional payment methods. Transactions can be approved in under two hours, meaning you’ll have access to your funds in no time. But as with all payment methods, there can be some drawbacks. Some crypto casinos aren’t licensed or regulated, holding back conservative players. It’s also not as common as other methods. Typical cryptos used for gambling include BTC, BCH, ETH, XRP, DOGE and dozens of others.
In essence, vouchers are prepaid cards with a single-use code. Users can purchase one of these cards in physical stores, making it highly secure. It’s also a fast method, as transactions are approved almost instantly. So, you’ll be ready to play in a matter of minutes. The downside of vouchers is that they can’t be used to withdraw funds. You must then rely on other methods covered in this review. Be aware that some online scams feature these cards, but you should be okay if you use a licensed casino. The most commonly used voucher is Paysafecard.
Pay by Phone
Pay by Phone is one of the oldest payment methods in Ireland. With it, players can pay using their phone bill, paying off their deposits at the end of the month. As with vouchers, the best thing is that they’re relatively safe and extremely fast. It also saves you plenty of time since you’re using a recurring billing process. On the contrary, they require some personal information and can’t be used for withdrawals.
Bank transfers are a safe yet slower method of depositing or withdrawing funds at online casinos. Besides this, it’s still a pretty popular method due to its safety. It works by transferring funds between you and your casino’s bank account via wire or instantly. Wire transfers are slower and may take up to 48 hours to process. Some banks don’t allow instant bank transfers, so this method is still common among Irish gamblers. Meanwhile, instant bank transfers are extremely fast. The downside is that they may have higher fees than other casino payment methods. Users must provide extensive information before making a bank transfer, and not all banks accept transfers to online casinos. There are also occasional delays, which can be annoying.
Comparison of the Most Popular Payment Methods
|Method||Deposit Time (avg.)||Withdrawal Time (avg.)||Fee (avg.)||Min. Transaction||Max. Transaction (avg. per day)|
|VISA||Instantly||1-5 days||Depends on the bank||5 €||20,000 €|
|Maestro||Instantly||1-5 days||Depends on the bank||5 €||20,000 €|
|Mastercard||Instantly||1-5 days||Depends on the bank||5 €||20,000 €|
|Paysafecard||Instantly||In 24h time||10%||5 €||779 €|
|Neteller||Instantly||In 48h time||1.45% - 2.99%||10 €||5,000 €|
|Skrill||Instantly||Instantly||2.50%||10 €||5,000 €|
|PayPal||Instantly||Instantly||No||10 €||5,000 €|
|Trustly||Instantly||Instantly||No||10 €||10,000 €|
|Apple Pay||Instantly||No withdrawal option||No||5 €||5,000 €|
|Revolut||Instantly||1-5 days||2% for withdrawal||No||300,000 €|
|EcoPayz||Instantly||Within few hours||No||10 €||1,000 €|
|Zimpler||Instantly||Instantly||No||10 €||100 € – 50,000 €|
|Boku||Instantly||No withdrawal option||No||10 €||30 €|
Other Popular Payment Methods
Safety of Payment Methods
In general, all online casino payment methods are safe to use. Yet, some are considered safer, such as E-Wallets and crypto. You won’t need to type your card or banking information, therefore eliminating potential security breaches. For added security, online casinos employ several measures to guarantee your privacy. Take a look at the most commonly used features and how they work:
128-bit SSL Encryption
Essentially, encryption turns your data into strings of code that only you and the iGaming operator can decipher. This technology is also used by banking institutions worldwide.
This feature requires players to type in a code generated by their mobile device before performing actions such as deposits or withdrawals.
Limits and Fees
Casinos used to charge you fees to use certain payment methods. But nowadays, most of the best online casinos provide a zero-fee experience to all their users. Players can deposit and withdraw using the best payment methods in Ireland without paying a dime in fees. Remember that some payment methods may charge you currency conversion or transfer fees.
When it comes to limits, the minimum deposit usually starts at €10 for Irish casinos with methods such as E-Wallets and crypto. The amount is often higher for bank transfers, at around €50.
Looking at the maximum limits, the best Irish payment methods for high-value transactions are debit cards and bank transfers, as these can accept withdrawals of up to €50,000.
How to Deposit in Online Casino?
Now that you know the best online casino payment methods, it's time to learn how to get started. No matter the method you choose, depositing is usually a straightforward process. Here's how payment methods in Ireland work:
Sign up at an online casino.
Enter all necessary details an online casino asks - sometimes a copy of an ID may be asked to be uploaded. This is one of they KYC requirements.
Sign in to your account.
When you have registered in an online casino or if you have already played in a particular online casino, simply click Sign in or Login button.
Go to your profile and click Deposit, select your preferred casino payment method, type the amount you want to deposit. Confirm and accept.
Of course, not everyone prefers the same casino payment methods. Nonetheless, there are still some factors you should keep in mind when choosing a new method. Take a look at our top tips and get yourself a head start:
Security is one of the most important aspects to consider when choosing payment methods in Ireland. It would be best to rely solely on encrypted and trustworthy payment methods that don’t expose your data.
Zero-Fee Online Casinos
No one likes fees. You should focus on using low-fee payment methods or playing at zero-fee online casinos.
Method That Can Be Used Both for Deposits and Withdrawals
Choose a method that can be used both for deposits and withdrawals. This makes for a seamless casino experience while speeding things up.
Payment Methods With Huge Limits
If you’re a high roller, stick to payment methods with huge limits such as bank transfers, debit cards or crypto.
Faster Payment Methods
We all dislike waiting for payments. We’re sure you’ll enjoy faster casino payment methods like E-Wallets or cryptocurrencies.
Casino Payment Methods Summarised
- Casino payment providers are companies that provide payment processing services to online casinos.
- These companies are responsible for securely transferring funds between players and the casino.
- Popular casino payment providers include Skrill, Neteller, PayPal, and Bitcoin.
- Casino payment providers must adhere to strict regulations and laws to ensure the safety of players’ funds.
- Many casino payment providers offer bonuses and rewards for players who use their services.
- Casino payment providers must be able to process payments in multiple currencies.
- Casino payment providers must be able to provide customer support in multiple languages.
- Casino payment providers must be able to provide fraud prevention and anti-money laundering measures.
Casino Payment Methods in Numbers
- The global online casino payment providers market size was valued at USD 11.7 billion in 2019.
- The global online casino payment providers market is projected to grow at a CAGR of 10.6% from 2020 to 2027.
- According to a survey conducted in 2018, the most popular payment methods used by online casino players were credit/debit cards (53%), e-wallets (25%), prepaid cards (11%), bank transfers (6%), and other payment methods (5%).
- The average transaction size for online casino payments was USD 40 in 2019.
- The average transaction time for online casino payments was 4.2 seconds in 2019.
- The average cost of online casino payments was 0.5% in 2019.
- In 2019, the U.S. accounted for the largest share (34%) of the global online casino payment providers market.
Frequently Asked Questions
What Are the Most Popular Payment Methods in Ireland?
Like most casino players, Irish gamblers prefer fast and safe methods like E-Wallets, vouchers and debit cards. The most popular are PayPal, Trustly, Revolut and Paysafecard.
What Are the Fastest Payment Methods?
Most payment methods except wire bank transfers are fast when making deposits, granting instant access to your funds.
On the flip side, withdrawal isn’t usually as fast. We recommend using E-Wallets or cryptocurrencies if you’re looking for the fastest payouts.
Do I Have to Pay Fees?
This depends on the operator. Rest assured, the best Irish casinos rarely charge fees for payments. Keep in mind that payment providers may charge conversion fees.
Do I Need a Credit Card to Play at Irish Casinos?
Credit cards for gambling transactions are banned to prevent addictive gambling. You don’t need a credit card to play at Irish casinos.
Is Paying With Cryptocurrency Safe?
Cryptocurrency is one of the safest payment methods as all transactions are part of a blockchain network that no one can manipulate or tamper with. Transactions can only be approved via special codes unique to you.
What are the different types of casino payment providers?
There are a variety of different types of casino payment providers available, depending on the casino and its payment processing methods.
The most common type of payment provider is a credit card processor. These processors allow players to deposit funds into their casino accounts using their credit cards. Credit card processors are typically the most secure and reliable way to make deposits into a casino account.
Another popular type of payment processor is an e-wallet.
What are the processing times associated with different payment methods?
The processing times associated with different payment methods can vary significantly depending on the payment processor and the payment method used.
For credit and debit card payments, processing times can range from a few seconds to a few days. Generally, the processing time is determined by the payment processor and the card issuer. For example, Visa and Mastercard payments typically take a few seconds to process, while American Express payments can take up to three days.
What security measures are in place to protect customers' information?
These measures include physical, technical, and administrative safeguards.
Physical security measures are designed to protect customer data from physical access by unauthorized personnel. These measures may include locked cabinets, restricted access to data centers, and security cameras.
Technical security measures are designed to protect customer data from unauthorized access, use, or disclosure. These measures may include encryption, authentication, and access control.
What customer support options are available if there are problems with a transaction?
If there are problems with a transaction, there are a variety of customer support options available to help resolve the issue.
The first option is to contact the merchant directly. Most merchants have customer service departments that are available to help with any issues that may arise with a transaction. They can provide assistance with canceling orders, returning items, and resolving payment issues.
Another option is to contact the payment processor.
How do casino payment providers work?
Casino payment providers are companies that facilitate the transfer of funds between players and online casinos. They provide a secure and convenient way for players to make deposits and withdrawals from their online casino accounts.
Payment providers typically offer a variety of payment methods that players can use to make deposits and withdrawals. These methods can include credit and debit cards, e-wallets, bank transfers, and prepaid cards.
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