The safest payment options for online casinos, according to reviewer website KingCasinoBonus
The UK Gambling Law
The UK Gambling Law allows citizens to gamble in online casinos and use different payment alternatives. A gambling site must be licensed and fully regulated by the UK Gambling Commission to be considered a safe space.
Each reputable bookie will offer at least five different payment methods for both withdrawal and deposit. Some of these payment methods are too new to be considered secure by the general public, but some classic ones ensure the protection of your money.
PayPal
PayPal is one of the top payment choices because it offers security in the first place, and it’s a free app. It is one of the world’s most trusted and used payment methods. The payments are fast, easy to understand and secure. You can check and use your money at any time. PayPal allows its customers to send money to family and close friends free of charge.
For businesses, PayPal works a bit differently. The waiting time for the money to reach your online casino wallet does not exceed one hour. The waiting time for your winnings to enter your bank account can take up to five working days, depending on the amount.
Most online gambling establishments have this payment option. If you want to find all the PayPal casinos from the UK, you have plenty of tools. The easiest and safest way to PayPal casinos is to use expert sites that filter these casinos and test them extensively.
Neteller
Neteller is another secure option for UK gamblers and one of the first e-wallets invented. This company started working with online gambling sites in 2000. Back then, Neteller processed about 85% of the total payments from the gambling market. Today it is the second most used e-wallet to deal with online casinos payments.
Neteller has 128-bit encryption technology and other anti-fraud tools that enhance the security of your sensitive data. Because of the long history with casinos, Neteller has special offers and surprises for gamblers who use it. The deposit time is around five minutes, and the withdrawals can take up to three days.
Skrill
Skrill is another e-wallet preferred by British gamblers and casinos. They built their reputation of being an alternative to PayPal around 2010. Skrill was founded in the UK and followed every financial UK Law. It is managed and controlled by The Financial Conduct Authority to extend its protection against harm to its users.
Skrill has low fees for both depositing and withdrawing money. It also offers international payments with an acceptable transactional cost. When you open an account, Skrill gives you a prepaid card. This card connects to your Skrill account, and you can withdraw money from ATMs and make purchases.
Debit cards
Cards have been used for more than 30 years, as they are also the base for every online payment system or e-wallet.
However, the only accepted card payment methods in the UK are debit cards. The reason? Debit cards do not allow you to get into debt. Credit cards allow you to spend more money, but with that risk.
Debit cards are more suitable for smaller purchases and require you to introduce the card's pin to buy more expensive things. They are perfect for remaining in charge of your spending on gambling websites.
Sum-up
A gambler in the UK has an average of three different accounts, as a report shows. This means that a casino player must choose multiple fitting payment methods and ensure they are all secured and safe.
Bookmakers know that they have to make things as easy and proper as they can to keep people interested in their website. In 2022, the most reputable casinos in the UK will have secure payment methods, encrypted platforms and updated apps. They ensure that their casinos are safe and welcoming for any punter.
Be Gamble Aware
DISCLAIMER: Gambling involves risk and you must not gamble with funds you can’t afford to lose. It is not a solution to any financial difficulty. Remember, the house always wins!
If you believe you’re suffering from a gambling addiction or know anyone who does, call the National Gambling Helpline at 0808-8020-133 right away. Their advisors can help make gambling safe for you.
All gambling sites and guides are 18+ only. Online casinos listed here may not be available in your region. Don’t forget to check local laws to make sure it’s legal where you’re based.
Check out the free gambling addiction resources from these organizations.