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E-wallets have become the go-to method for online casino deposits and withdrawals. But what makes the best e-wallet casino? Which brands should you look out for, and how does each compare to the other? Our guide below has all the answers!
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What Are E-Wallets?
E-wallets, often referred to as digital wallets, are one of the most popular payment options used by players at online casinos.
On top of this, e-wallets are a fast and safe option for making transactions, and can be used for both deposits and withdrawals at online and mobile casinos. This makes them a top choice for playing real-money slots, with live dealer casino games also key to their popularity.
The Best E-Wallets for Online Casinos
Skrill enjoys the status of being the go-to e-wallet choice for casino players around the world. As well offering top-of-the-line security, it is accepted at a huge number of e-wallet casinos and accepts 40 global currencies. With its worldwide reach, it is a popular choice across many jurisdictions.
NETELLER is another name synonymous with the best e-wallets accepted at online casinos, also accepting many currencies and enjoying significant popularity among players worldwide.
PayPal is one of the top global names in the world of payments and a popular e-wallet at online casinos around the globe. Key features include the lack of fees, its ease of use, and the ability to make rapid deposits and withdrawals. With its global appeal, PayPal is a popular banking option in over 200 countries. Along with all this, 25 currencies are supported by this great service provider.
An impressive 45+ currencies are supported by ecoPayz. It is a quick and easy e-wallet to use and offers 24/7 customer support.
Key advantages to choosing WebMoney include transfers that are quick and efficient, as well as top security for its customers. It is a trusted e-wallet when it comes to the protection of your information and is a popular choice with many players.
Jeton is a flexible service provider that is easy to use, being compatible with both Face and Touch ID. Available in more than 200 countries and offering support for 27 currencies, this e-wallet is a great option for today’s casino players.
INSTADEBIT is accepted at a large number of online casinos in a wide variety of countries. Players can easily keep track of their deposits and withdrawals without having to give out much in the way of personal information, causing this e-wallet to grow in popularity.
Advantages of choosing Trustly as your e-wallet of choice include easy transactions with maximum security. There is no need to register or download anything to get going. However, it is somewhat region-specific, meaning that you should first check if it is available in your country before opting to use it.
Known as a fast, simple and secure e-wallet option, MiFinity is a great option for payments at online casinos and is currently accepted in over 170 countries.
eZeeWallet has a strong reputation as a safe and secure e-wallet. Its strict adherence to standards has helped to greatly boost its global popularity.
Which E-Wallet Should I Choose?
Choosing the right e-wallet for your specific needs as a casino player is crucial to getting the most out of your experience when you play your favourite casino games. There are a lot of options to choose from, so it is easy to see how players can be uncertain about which e-wallet to use.
The decision is made easy if you already use an e-wallet in your daily life and find an online casino that you like where that specific option is available.
If you don’t currently have an e-wallet that you already use, then it is important to keep a few primary points in mind:
- Are there any fees associated with the use of the e-wallet?
- Does the e-wallet you are considering have a trusted reputation for being safe and secure?
- Is the e-wallet in question accepted by multiple e-wallet casino operators?
- Do your preferred online casinos offer bonuses with e-wallet payments?
- Does the e-wallet offer features that are relevant to you if you travel often?
Local E-Wallet Options
Local considerations are something to think about when choosing an e-wallet, especially since certain brands are more popular in specific regions of the world. Given this fact, it can often be beneficial to choose an one that is widely accepted in your country of residence.
A Point About Locally Relevant E-Wallet Options
Depending on your location, different e-wallet services might be popular. While the big name giants are always out there, gambling sites from specific jurisdictions, such as Malaysian online casinos, might also support locally relevant e-wallet options, such as Boost, Touch n' Go, and others.
Pros & Cons of Using E-Wallets at Online Casinos
With these points about choosing the best e-wallet for your needs in mind, we will now take a quick look at the pros and cons of using these great payment options at your favourite online casinos.
- Fast and Convenient: E-wallets represent one of the fastest, most convenient methods for making deposits and requesting withdrawals at online casinos.
- Safe and Secure: E-wallets are one of the safest, most secure options for making payments at online casinos, with the majority utilising a two-step process of authentication for any transfer of funds.
- Easy to Use: Using an e-wallet is a simple and often quicker process than with other available options.
- Mobile-Friendly: The majority of today's e-wallet providers make it easy for you to confirm payments directly through your mobile app.
- No Need to Provide Personal Information: A major factor behind the popularity of e-wallet transactions is the fact that there is no requirement to give out your personal data or banking information to the vendor in question.
- There Can Be Associated Fees: It is important to note the fact that some e-wallets charge additional costs for their services.
- E-Wallets Are Not Universally Accepted at All Casinos: Your e-wallet of choice might not be available as a payment option at your preferred online casino.
- There Could Be Bonus Limitations: Some e-wallet gambling site operators might not give you a welcome bonus if you make your first deposit with an e-wallet.
Are E-Wallets Safe To Use?
E-wallets are a safe and secure option for gambling at online casinos. The fact that you can make deposits and withdrawals without having to provide an online operator with any of your personal information is a key factor that makes playing at the best e-wallet casinos a great move!
In addition, e-wallets lower your risk of falling victim to any type of fraud. You will be able to make deposits without having to enter any of your sensitive personal information, speeding up the overall transaction time in the process.
Top e-wallet casino operators have plenty of security measures in place to ensure that your e-wallet transactions are conducted safely and securely. These measures include SSL encryption, which is designed to maintain a safe and secure internet connection while sensitive data is sent between two different systems. It is one of the most important security protocols used to prevent data theft.
E-Wallet Casino Bonuses
A great casino bonus is one of the most important things that players look for when they sign up at an e-wallet casino. There are different types of casino bonuses that you should keep an eye out for – some of which, unfortunately, may not always be available to e-wallet users. Here's a brief overview:
- Welcome Bonus – The welcome bonus commonly plays a major factor in whether or not a player signs up with a casino operator. Though these bonuses are very popular, they are also the ones that e-wallet users most commonly miss out on – in fact, first-time deposits made with NETELLER and Skrill commonly fall into this category.
- Free Spins – Free spins are another common type of bonus that players look for when they search for the best casinos for e-wallets. As the name implies, this bonus grants you free spins on a pre-selected video slot.
- Reload Bonuses – A reload bonus is an offer of free spins or a match of your deposit amount when you make your second, third, or fourth deposit at an e-wallet gambling site.
- Cashback – A cashback bonus is when the casino returns a percentage of your net losses or deposit total back to you. This is usually done at either 5 or 10%. Cashback bonuses are a great way to help you avoid outspending your gambling budget. These bonuses also generally come with a zero-wagering requirement, which means that you can withdraw your funds immediately!
- VIP Bonuses – These bonuses are offered to high rollers and casino players who are members of the operator's VIP scheme.
- Loyalty Bonuses – Many online casinos offer their members a loyalty programme where they can earn additional bonus opportunities, which in turn are often points-based. As you climb up a casino's loyalty ladder, you receive additional bonus prizes redeemable for bonuses, as well as other great perks!
- No Deposit Bonuses – Though they are fairly rare, no deposit bonuses are some of the most sought-after at today's e-wallet casinos. They usually consist of free spins or free credit that is given out without requiring a deposit on your end.
If you are a UK resident, you cannot use e-wallet funds that come from credit cards due to a recently enacted law by the UK Gambling Commission. Instead, UKGC Casinos require you to simply use a debit card or bank transfer.
Registering for an E-Wallet
First, choose an online casino from our list above and sign up. This will generally involve the need to verify your email address as well as your phone number. Authentication of your banking details is often required too.
How To Deposit at an Online Casino With an E-Wallet
We have outlined below the key steps to making a deposit at an online casino using an e-wallet.
- Log in to your casino account.
- Go to the cBanking/Cashier tab and click on the e-wallets section.
- Select the e-wallet option that you wish to use and enter the amount you wish to deposit.
- From there, you will be redirected to the e-wallet service provider's official website or mobile app.
- You will then need to sign in and confirm the amount of your deposit, which should then appear in your casino account within a few seconds or possibly up to a couple of minutes.
How To Withdraw at an Online Casino With an E-Wallet
To make a withdrawal at an online casino using an e-wallet, simply follow the below instructions:
- Check the casino's terms and conditions to determine if you need to verify your identity for anti-money laundering purposes.
- Go to the casino's Banking/Cashier tab and select e-wallets.
- Choose the e-wallet service you wish to use and enter your withdrawal amount.
- Verify that you have chosen the correct amount, and you are done! Keep in mind that your first payment may take up to a few days to hit your account. Subsequent withdrawals should be quick thereafter.
Are There Any E-Wallet Casino Fees?
E-wallet usage at online casinos can involve fees which vary based on many factors, such as the currency you are using, the country you are playing from, your method of funding your account, and the specific e-wallet you are using. Common fees to look out for when making deposits and withdrawals at an e-wallet gambling site include:
- Deposit fees
- Withdrawal fees
- Currency exchange fees
How Long Do E-Wallet Casino Payments and Withdrawals Take?
Generally speaking, online casino payments made with e-wallets are quick. It is important to note that the first withdrawal can take a few days to process, as the casino must first verify your identity before you can cash out any funds.
Important Considerations for Choosing an E-Wallet
There are five primary considerations to think about when you are selecting an e-wallet for use at an online casino. They include:
1. The Benefits That E-Wallets Offer
The advantages of using e-wallets at top online casinos are impossible to deny, not least of which that transactions are fast and secure. Moreover, you do not have to share sensitive personal information with the casino when making deposits or withdrawals.
2. The Country You Are Playing From
The majority of top e-wallets are international. Some options, such as WebMoney, are country-specific as far as their use. In addition, UK users will not be able to use their credit cards to fund their Skrill, NETELLER or PayPal accounts. It is also important to note that not all e-wallets accept all possible currencies.
3. Your Eligibility for Casino Bonuses
If claiming a welcome bonus is a major priority to you, then making your first deposit with an e-wallet might not be an option. With this said, the casino's other bonuses should be available for you to claim of once you have made that initial deposit using an alternative banking method.
4. Whether Your E-Wallet Is Accepted or Not
The majority of online casinos accept at least one e-wallet, though most do accept multiple. However, which brands are accepted vary from site to site. With this in mind, you should check to see if your preferred option is supported before signing up to any operator.
5. Mobile Use
Some of the top e-wallets, like PayPal and Skrill, have apps that make it easy for you to streamline payments to online casinos, making everything much more convenient for players on the go.
Alternatives To E-Wallets
Using your debit or credit card (Visa, Mastercard, Visa Electron or Maestro) is the fastest and simplest way to make a deposit at an online casino, as your funds should appear in your account within moments. Withdrawals can take up to a few days.
UK residents cannot use credit cards to gamble, but debit cards are still an option.
Many of the top online casinos now accept a variety of cryptocurrency options for payments. The best crypto casinos will accept payments through various different blockchains and denominations. This includes Litecoin, Bitcoin, Dogecoin, Ethereum, and many others!
Direct bank transfers are a safe and secure payment method at online casinos, but they can be a time-consuming affair to set up. They can also take up to 5 business days to go through. Direct bank transfer withdrawals can also take a while to process compared to other options.
One of the best options for bank transfers is a third-party provider called Trustly. The latter allows for transactions to be conducted quickly and efficiently, with the same security as regular bank transfers.
One of the best ways that you can maximise your security and convenience is by using mobile payments. Examples of these solutions include Zimpler, Boku, and Siru, which accept deposits made through your phone bill or a prepaid mobile plan!
This popular prepaid voucher system is one of the most popular options for purchasing online services, such as those available at top online casino sites. It is a convenient way to make a deposit, however, you cannot withdraw your funds using this method at a paysafecard casino.
E-Wallets vs Cryptocurrency Wallets
It is important to understand the key differences between e-wallets and cryptocurrency wallets. While e-wallets are used to store and make payments with fiat currency, cryptocurrency wallets that are accepted at the best cryptocoin casinos are used to store Bitcoin and other types of crypto.
E-Wallet Casino Conclusion
With plenty of great e-wallet casino operators out there, it is easy to play your favourite games by making deposits with your e-wallet of choice. Making withdrawals is just as simple a process.
E-wallets make the process of depositing and withdrawing funds simple, quick, safe and secure. They have elevated safety features that allow you to rest easy knowing your personal information is safe. Given all of these points, our team at Top10-CasinoSites recommends that you consider using an e-wallet the next time you are playing your favourite casino games online!
E-Wallet Casinos FAQs
Most online casinos now accept e-wallet payments – we have provided a list of the best sites above.
E-wallet deposits and withdrawals are among the fastest available. Deposits are instant, and most withdrawals are either immediate or take up to 24 hours.
Electronic wallets are extremely secure as your banking information is not stored on the vendor’s server.
Yes. As a rule of thumb, if the casino accepts an e-wallet as a deposit method, then it will allow you to make withdrawals using the same e-wallet.
Yes, they are. You’ll find e-wallet payment methods like Skrill, NETELLER, and PayPal at virtually every major online casino.
Most of them certainly do! Scroll up for a list of casinos that accept e-wallets.
The answer to that question depends on your needs. For widespread accessibility and a reliable service, try Skrill or NETELLER. For low fees, try PayPal or MuchBetter. For international access, try MuchBetter or Jeton.
A crypto wallet is used to store cryptocurrencies like Bitcoin and Litecoin. While some e-wallets offer cryptocurrency services, the two wallet types should not be confused.
To get free credit or a free spins bonus at an e-wallet casino, you’ll need to claim a no deposit bonus or a welcome bonus with such benefits. Remember, though, that some e-wallets disqualify you from receiving certain bonuses.
Indeed you can! Most of the best e-wallet casinos are mobile-optimised, and many have dedicated mobile applications, too.
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