A Comprehensive Guide to Payment Methods at Online Bingo Sites

Credit/debit cards are undoubtedly the most commonly used depositing method in the UK. VISA and MasterCard make up the majority of deposits using this method, however many people also deposit using American Express, although this latter option isn’t offered as widely as the others. When you deposit using a credit/debit card, you can expect funds to be transferred straightaway, and you also shouldn’t have to pay any fees. Credit/debit card companies also have many in-built security features, ensuring that you always stay safe when using your cards online.

Neteller has a long association with the online gambling world, and many sites offer this as one of their preferred payment methods. In fact, there are some sites that give exclusive bonuses to those depositing using this method. To use Neteller, you’ll first need to open a free Neteller account. You can then transfer money using a credit/debit card, before then spending this money at online bingo sites. The fact that you never need to input personal details at an online bingo site ensures that many players feel safer when using this method.

Skrill is another really popular method of depositing, although it’s more popular in other areas of the world than the UK. It’s one of the biggest e-wallets in the world, therefore meaning that it works in pretty much the same way as Neteller. Skrill 1-Click is a great innovation though, and is offered at many bingo sites. This allows you to simply click a button on the site and transfer money straightaway, without needing to log-in or provide other personal information. It’s also important to mention that Skrill used to be called Moneybookers – another company you might have heard of.

Many people simply don’t like inputting any banking details online, and this can pose a problem for those looking to deposit funds at a bingo site. There is an answer though, and it come in the form of Paysafecard. This payment method allows you to deposit using cash. You’ll need to open a free Paysafecard account, and then head to your nearest participating retailer and buy a Paysafecardvoucher. You can then upload the voucher to your account, before then transferring funds to one of the many online gambling sites accepting this form of payment.

PayPal is, by some distance, the world’s biggest online payment merchant, processing millions of transactions on a daily basis. You might think that it would therefore be the most popular depositing method at online bingo sites, but you’d be wrong. This is because some bingo sites don’t accept PayPal transactions, because PayPal set down many terms that a site must abide by if they want to offer this method. Those playing at sites that do offer PayPal will find that this method is quick and easy to use though.

Entropay is essentially a virtual VISA card. When you sign up for an Entropay account, you’ll be assigned an account number and sort code, just as you’d find on an actual debit card. You can then load money into your Entropay account, before selecting the Entropay option at a bingo site and following the on-screen instructions. Entropay isn’t one of the more commonly used payment methods in the UK, however it is still safe to use, and offers quick transfers of money, as well as reasonably low fees.

You might have heard of Bitcoin before, however you also might not know exactly what it is. It’s basically a virtual currency, that can only be used online. You buy Bitcoins at a marketplace, and store them in a Bitcoin wallet. You can then add funds to a site simply by clicking on the Bitcoin option. There are many online gambling sites that allow payments to be made using Bitcoin, however not many of these are bingo sites. It is becoming more and more popular though, and it shouldn’t be long before many mainstream sites start to offer this payment method.

It is not common for those at an online bingo site to pay with a cheque, however it does occasionally happen. There can be no doubting the fact that, aside from Paysafecard, cheques offer the safest way to deposit money at a site. There is a big trade-off though, as cheques can take an exceedingly long time to be processed. In fact, it’s not unusual for some players to wait for nearly a month for a cheque deposit to be credited to a bingo account.