Online casinos have long been a favourite pastime for people in Ireland as it gives them the opportunity to partake in their favourite casino games without having to leave their home if they do not wish to.
There are now so many different ways in which deposits can be made in order to add funds into your online casino accounts that you are truly spoilt for choice.
All of the options have their own advantages and disadvantages, so this guide gives you a good insight as to what option might be best suited for your specific needs.
Casino Banking Options Reviews
Here is a look at the various options you have available to you when making a deposit to an online casino.
Credit Cards: Visa, MasterCard
The use of credit cards for making deposits to online casino accounts is probably the most common method that is used by players in Ireland today. It is very straightforward to do, as the process is the same as if you were making a purchase of any other good or service on the internet. You simply add in your credit card details and the payment will be instantly processed.
Skrill is an e-wallet that has been around since 2001 when it was called Moneybookers and it has constantly provided payment services for their customers ever since then. Skrill is the most popular e-wallet that is used for making deposits to online casinos.
Neteller is the 3rd most popular e-wallet that is used by Irish players when they are making a deposit to a Neteller casino. They have been in business since 1999 and they have constantly been expanding their customer base. Their transaction times are generally slower than the other popular e-wallets.
There are many different ways in which you can finance your Neteller account and they have a great customer support team in case you have any issues. In terms of fees, they generally are higher than other e-wallet alternatives.
Euteller is amongst the new breed of payment options for making deposits to online casino accounts that Irish players have been adopting.
Payments will be facilitated in a direct manner between your bank account and your online casino account. This means that your sensitive financial and personal information does not have to be entered onto many different casino sites, is kept safer.
Transactions are instant and there are no fees associated with sending payments in this manner.
PayPal is perhaps the most popular e-wallet for general online transactions, but it is not supported by a lot of different casinos. While there are a lot of reasons for this, one of the main ways is the ability to easy make chargebacks.
The fees are relatively low compared to other e-wallets and transaction times are generally fast. The main downside is the lack of support from online casinos for this payment option.
EntroPay is a prepaid debit card that can be used like a normal debit or credit card to top up your funds in your online casino account. As it is a prepaid card, there is no risk of going over your limits when you are playing in the EntroPay casino as there is only a certain amount of funds on the card and there is no credit or overdrafts available.
This makes it safe and secure to use, as no sensitive financial data will be disclosed with third parties and there are also quick transaction times.
EcoPayz is not as popular as the likes of Neteller and Skrill when it comes to the payment methods that online casino players in Ireland utilize, but it is fast becoming more and more popular of an option.
It is similar to other e-wallets in the fact that you are able to have your funds electronically stored and subsequently utilized when depositing or withdrawing money.
One of the standout aspects of the ecoPayz offering is that they have the EcoCard which is a MasterCard that is prepaid and can be used to withdraw money at ATMs.
The PaysafeCard allows you to make deposits to your online casino account in a manner that is completely anonymous. When you use it for depositing, there are no fees involved and your balance will immediately be updated. It is easy to use and is a handy way of keeping your budget in check.
E-Wallet Banking: Pros and Cons
- Convenient thanks to short transaction times.
- Usually lower fees than traditional methods.
- Usually secure.
- Need to transact via a third party.
- Added risk of data breach.
- Sometimes limited support features.
Credit Card Banking: Pros and Cons
- Quick transaction times.
- Ability to get money back if defrauded.
- Convenient to use.
- Familiar method.
- Your depositing may get out of control due to having a credit limit.
- If applying for a bank loan or mortgage they often frown upon transactions involving gambling sites.
Bank Transfers: Pros and Cons
- Very secure.
- Don’t have to deal with 3rd party.
- Helps prevent impulsive gambling.
Prepaid Cards: Pros and Cons
- You can control how much you deposit.
- Safe and secure.
- Functions as a normal debit card so it is flexible.
- You have to constantly top it up.