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Online Games

Online Payment Platforms Accepted By Online Casino Sites

| @indiablooms | Sep 08, 2020, at 06:18 pm

Since the world has substituted physical appearance for the online world, the need to pay for goods or services online became inevitable. According to professionals in the field, paying online has many advantages. Contrary to popular belief, paying online is safe, secure, and there is nothing to worry about when you use your funds to pay online. However, people are still skeptical of hearing the famous cha-ching sound when they still don’t know what happened to their money. However, online payment platforms like PayPal are very user-friendly, convenient payment methods that make online payment a very comfortable customer experience.

Technologies have contributed to licensing and securing online payment platforms. Today, smartphone apps are also a very secure payment method. Just one click on the app’s logo is all that it takes to pay online for bills, shopping online, or delivery service. It’s easier because online platforms are connected to your bank account, which makes it easier to be aware of all online transactions, usually getting an email or SMS notification about it. That way, people can rest assured that their money is not wasted or to wonder what’s going on with the online transaction.

Online Gambling

The online gambling industry also takes advantage of online payment platforms. Indian players would be happy to know that there are slots online with rupees and they are not only a few. Some of them like PayPal and Visa/MasterCard are still widely used to pay for online gambling services. Others like Skrill and Paytm are still relatively new in the online world but are competitive in the industry. Here are some of the most reliable, secure, and easy to use online payment platforms widely accepted on online casino sites.

Online Payment Platforms

PayPal

It’s the most widely known and almost everywhere accepted online payment platform. It has a partnership with eBay and all transactions on eBay are registered through it. Most European countries can use PayPal for both paying and selling online while some countries can only pay online via PayPal. Countries like Germany, Poland, Austria, Finland, Ireland, and Sweden can use this online platform for all needs. PayPal has very strict internal policies, which means that when you see the PayPal logo on a casino site, it means that it’s secure and licensed. Withdrawing money is also very simple and it’s available 24/7. PayPal uses its own exchange rate for online transactions.

Neteller and Skrill

You see the two names together because they are both relatively new payment platforms that are not accepted on most online casino sites. Both of them have a great online presence on online casino sites than PayPal. Neteller is handling a large number of online gambling transactions. There are many commission-free Neteller online casino sites. It’s a very secure payment method that ensures high data privacy as only the account ID number is shared with third parties. Skrill is also a very popular online payment platform nowadays but it also does charge commission. The solution is to find a casino site that offers Skrill commission-free transactions.

Bitcoin

It’s new and still not as recognizable as using other payment methods. However, Bitcoin is definitely a promising cryptocurrency that more and more online casino sites are taking advantage of. The perks of using bitcoins are already well-known, the most striking being the fact there are no intermediary parties like banks or other financial institutions between the seller and the buyers. All in all, it’s expected that the majority of online casino sites will accept bitcoins more in the future. What Bitcoins offers its customers is a high level of autonomy, small charges, and also very easy to use in the US. Unfortunately, bitcoin is still not a regulated payment method like the other conventional payment methods.
Image: https://prnt.sc/ua6rwo

Apple Pay

Apple Pay is a new, secure, and convenient online payment method. It’s clearly one of the most successful online payment platforms and now the online payment app makes it even easier to use. iPhone users already have this app installed on their smartphones. It uses both Touch and Face ID security techniques to ensure a high level of protection and privacy. All in all, it’s a very easy and quick NFC- payment system. It has a lot of advantages over the competition on the market. It is available in more than 50 retail locations in the US. By using it, customers are entering the world of cash-free, card-free online payment.

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