Digital wallets are among the best payment methods for Internet users. They have a variety of advantages but can they all serve for gambling purposes? Let’s check popular e-wallet payment methods at online casinos with their pros and cons.
E-wallets are one of the most popular payment methods among gamblers. They are digital wallets where you can store money and make purchases in various online shops and services as well as casinos and betting sites.
E-wallet is considered the best deposit and withdrawal method in the gambling industry. It is fast: usually, transactions are made within a few minutes. Also, they are safe and secure as only the owner knows the password and can track his/her purchases in the database. With all these benefits, e-wallets remain gamblers’ favorite payment method. But are all digital wallets equally good? Let’s see.
All popular e-wallet payment methods at online casinos in 2021
Nowadays, the variety of e-wallets is amazing. There are hundreds of ways to make online purchases using digital money. Here is the top-5 of the most popular e-wallets used by gamblers, according to the recent data.
All these digital wallets are equally popular in various countries allowing online gambling. Some of them dominate in Europe, the others are more used in Latin America or Asia. For instance, Skrill and Neteller are popular at most online casinos in Australia. So, let’s see the pros and cons of each and every e-wallet from this list.
Ecopayz is a good way to make casino purchases
Ecopayz is a popular way to transfer or receive money when it comes to online gambling. It is available in more than 173 different countries and works with the biggest casinos and sportsbooks: King Billy, Intertops, 22Bet, Megapari, and Betsafe.
Like in every other e-wallet, Ecopayz is safe. To have an account, you only need to fill in your data at its official site for free. Your data is not shared with anyone, so you can make online purchases throughout the world.
There is only one drawback of Ecopayz. Currently, the system doesn’t work with US customers, so gamblers from this country can’t have an account. Gambling on American casino sites is also impossible so far.
Gambling with Zelle: pros and cons explained
Zelle is known as a US-based digital payment network. Although it is a new system that was launched in 2017, it is popular enough to enter the top-5. It is a fast and secure way to transfer money and all you need to have to sign up is a US bank account. It is Zelle’s biggest advantage and disadvantage at once.
On the contrary to Ecopayz, Zelle works with the US and its territories only. Gamblers from U.S. Virgin Islands, Puerto Rico, American Samoa, Guam, and the Northern Mariana Islands use this system freely to bet & play casino games online. Zelly is very popular in these territories, that’s why it managed to be among the most used payment networks. However, people from the rest of the world cannot use Zelle, while Zelle users can’t gamble at online gambling sites in Australia, China, and European-based casinos.
Neteller is one of the best e-wallet payment methods at online casinos
One of the oldest e-payment systems is Neteller. It was launched in 1999 and belongs to Paysafe Group (Skrill belongs there as well), so its presence in the top-5 of the most popular e-wallets in the world is not a surprise. What about gambling though?
As an e-payment system, Neteller is perfect for gamblers. It is fast and safe as well as easily accessible without limitations. It has no hidden fees which is a big plus for gamblers aiming to win money on casino games. Finally, Neteller works with top gambling sites starting from Bet365 and ending with King Billy.
Does it have any disadvantages? Yes. Unfortunately, Neteller is not available in a couple of big countries like Japan, Turkey, and the US with its territories. If you reside in one of these countries, you will not be able to register at Neteller or pay with it at local gambling sites.
Skrill has no disadvantages as an e-wallet for gamblers
Another time-tested payment system, Skrill is a popular gamblers’ pick when it comes to payments. It has plenty of advantages making him one of the best e-wallet payment methods at online casinos. It is obviously secure and fast like any other e-wallet but that isn’t it.
Skrill works with all top casinos including Intertops, Bet365, King Billy Casino, theLotter, Betway, and FanTeam. It is not available in a series of small countries only, while gamblers from Europe, America, and Asia can use Skrill freely to bet or gamble.
Finally, Skrill has an app allowing you to make purchases from wherever you are. It works with 40+ currencies including crypto, so it is basically an ideal e-wallet for gamblers.
PayPal is the most popular e-payment method
Finally, the most popular digital wallet is here. Paypal is undoubtedly the most recognized among all e-wallet payment methods at online casinos, but is it perfect from all sides? Let’s see.
Obviously, Paypal is a good e-wallet, otherwise, it won’t be popular among gamblers. It is fast, safe, and easily accessible. All your payments are protected, while registration and payment processes are super easy. To have an account, all you need is personal data and quick verification.
Paypal works in all major countries. It is available in the US, China, Australia, Russia, and all over Europe. In addition, it cooperated with top gambling sites: King Billy, Betway, Bet365, Bwin, FanTeam, partypoker, and way more.
Most currencies can be used in Paypal transactions, including also Bitcoin and Litecoin. The service stays up-to-date – that’s why it is #1 on the list of the best e-wallet payment methods at online casinos.