Top 4 payment methods offered at online casinos

ForexNewsNow | Published on December 9, 2017 at 3:49 pm

The online casino industry has evolved greatly ever since its introduction in the mid-90s. Nowadays, you can play almost any casino game you like, by just the tap of your finger on your mobile phone!

All this has been made possible by reputed casino websites such as https://www.wildjackcasino.com/, that work round the clock to ensure that their clients are offered all possible payment methods, to make their deposits and withdrawals easier. Let’s take you through the top 4 payment methods offered at the majority of online casinos these days.

Neteller

Counted amongst the most successful online payment companies, Neteller was launched in the year 2005. At present, this payment platform handles over 80% of all cash transactions that happen in the online gambling portals. This payment medium is closely associated with a large number of poker rooms, sports books and online casinos throughout the world. They currently operate from the British Isles and are gradually diversifying their offerings (for instance, prepaid cards) after partnering with MasterCard. Neteller continues to be one of the most well-penetrated and largest electronic payment systems today. It’s trusted by a lot of people all over the world.

Skrill/Moneybookers

They are easily the biggest rival of Neteller today. Established in the year 2001, in UK, Moneybookers came a little late to the gambling party. Nevertheless, it has emerged as one of the biggest players in the e-commerce industry today. Regulated by the FSA (Financial Services Authority) of the UK, Moneybookers is a pretty secure and safe platform to process electronic payments. The past few years have witnessed Moneybookers acquiring many major European competitors. They are also gradually rebranding themselves as Skrill, after the parent company Skrill Holdings Ltd. (before Investcorp acquisition; here’s some news related to that on reuters.com). Skrill Holdings Ltd. is also based out of the United Kingdom.

Paypal

paypal

Post its acquisition by the eBay Corporation in the year 2002, PayPal became the automatic electronic payment option for all American shoppers who would buy stuff on eBay. It is highly trusted all over North America and is also making its presence felt very rapidly in all corners of the world. However, it’s not so familiar among the European gamblers yet. In fact, PayPal doesn’t have as good penetration as Neteller and Moneybookers in the gambling industry overall. Regardless, you’ll find a good number of online casinos offering it as one of their payment options.

UKash

This one’s an e-voucher system which was created by a UK citizen in the year 2000. Ever since its launch, the electronic vouchers and 19-number pin code (of UKash) have become a pretty regular thing in the lives of online shoppers throughout New Zealand, South Africa, United Kingdom, Australia and Europe. The payment platform has also been featured in the Sunday Times, apart from being the recipient of an award from the Queen of England (List of all recipients at ft.com). Although UKash is yet to achieve the kind of penetration that Moneybookers and Neteller have, it nevertheless is a very prestigious electronic payment medium.

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