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Top Online Casino Payment Methods for Irish Players

As Irish players continue to search for faster and more secure options, the list of available payment methods continues to grow. In addition to credit cards, debit cards and bank transfers, the emergence of methods like e-wallets, pre-pay cards and cryptocurrency deposits, Irish players now have a wealth of options when making deposits and withdrawals. Have a look at our reviews of the most common payment methods:

1. Boku Casinos

2. PayPal Casinos

3. Payforit Casino

4. Entropay Casinos

5. Paysafe Casinos

Credit Cards, Debit Cards & Prepaid Cards

The credit and debit cards that you can use to deposit and withdraw funds from your account whilst using a Paypal casino are Visa, Visa Electron, Maestro and Mastercard. Using prepaid cards like Entropay and Paysafe is one further available method that also reduces the risk posed by your casino and bank accounts and being directly linked.

Depositing into your account with a credit, debit or prepaid card couldn't be more straightforward. Simply visit the account section of your chosen casino site and enter an amount above the £15 minimum that you wish to deposit. Making a withdrawal is a very similar process, the maximum withdrawal limit varies depending on your chosen casino.


Advantages: Credit Cards, Debit Cards & Prepaid Cards

·    Convenience

·    Credit availability

·    Security


Disadvantages: Credit Cards, Debit Cards & Prepaid Cards

·    Not every online casino supports using visa cards to make withdrawals

·    Transaction rejection risk

·    Fraud risk


E-Wallets

The available eWallets Skrill and Neteller are prepaid online accounts that are used to store money and transact online and offline through either a computer or smartphone. Safer than debit and credit cards, you can load eWallets whenever you want, with the exact amount you are going to spend, immediately just before you make a transaction.

To use an eWallet with your online casino account, you must first install the relevant software onto your chosen device and fill out the relevant online account forms. Once your eWallet account is activated, when prompted your e-wallet will automatically add your details and all you will need to do is to fill in your password.


E-Wallets: Advantages

·    Multiple bank accounts in one place

·    More convenient

·    Faster transactions

·    Very secure


E-Wallets: Disadvantages

·    Possible fees for sourcing account

·    Not ideal as offline payment method

·    Casino bonuses are rare


Pay by Phone

Pay by Phone affords you the opportunity to add funds to your casino online account, quickly and simply, by using either the balance on a pre-paid mobile balance or adding it to your phone bill. By simply completing a form or sending an SMS, you can add funds directly from your mobile by only providing your phone number!

In order to use Pay By Phone Ireland, you should first choose a casino using phone credit, then sign up & go to the payment section and select the “pay via phone” payment method. To complete the process, you will then need to enter your deposit amount and your mobile phone number, followed by an SMS sent confirmation code.


Pay by Phone: Advantages

·    Safe and Reliable payment method

·    Easy depositing process

·    No credit cards and personal details needed


Pay by Phone: Disadvantages

·    Lack of casino bonuses

·    Accepted by only a limited number of online casinos

·    No withdrawal opportunity


Bank Transfers

Bank transfers are one of the oldest methods of depositing funds into your online casino account. Sitting alongside Visa and MasterCard, they are still one of the most popular services for topping up your account. This is possibly because most gamers have an available bank account and as they are straight transfers, there are typically no fees.

The online casino bank transfer process involves using direct banking services to transfer funds directly from your bank to your online casino accounts. Whilst both types of available transaction, Instant and Bank Wire, use the online casino's account details to transfer through either online banking or in-branch, clearance times for the two available types of bank transfer varies.


Bank Transfers: Advantages

·    Very secure

·    Extremely fast

·    Available for everyone


Bank Transfers: Disadvantages

·    Potential delays

·    Additional information often required

·    Some banks refuse to make transfers for online gaming


Cryptocurrencies

Cryptocurrency is a form of electronic currency or virtual money whose value is policed by users who create Bitcoins using their computer and mathematics. Bitcoins (BTC) can be used for payments, purchasing goods online or make deposits at online Bitcoin casino real money sites. Players can use Ethereum (ETH) and Litecoin (LTC) tokens to fund their accounts.

In order to use cryptocurrency, you need to first join a crypto-casino, select the cashier option and enter the amount that you wish to deposit. Once you've hit the deposit button, you'll receive your crypto wallet address code, allowing you to initiate a cryptocurrency transaction from your wallet. Finally, input your deposit amount and the casino’s wallet address.


Cryptocurrencies: Advantages

·    Completely safe to use

·    No additional fees

·    House edge is a little bit lower than usual


Cryptocurrencies: Disadvantages

·    Casinos that accept Bitcoin do not need to hold a license

·    Very few casinos offer Bitcoin as a deposit/withdrawal method

·    Bitcoin withdrawals can take longer than withdrawals to credit/debit cards


How to choose the best payment method for you

In order for you to choose which of the available online casino deposit and withdrawal options is best, you should first look at the amounts and how often you are looking to deposit or withdraw. Once you have estimated the amount and frequency of your transactions, you should also assess the security credentials of your available methods.

Two further considerations for online casino players are convenience and possible deposit or withdrawal charges. For example, although eWallets are a very convenient option, the relatively steep charges may render the option unsuitable for players only making small withdrawals. For more information, you should consult the terms and conditions of your chosen payment method and online casino.


ONLINE CASINO PAYMENT OPTIONS FAQS


How to make a deposit at an online casino.

Depositing money at an online casino isn’t much different from buying something from a website. With a wide variety of different deposit methods on offer, credit and debit cards are typically the most popular option. However bank transfers, eWallets, prepaid cards and cryptocurrency transactions are also becoming increasingly popular as players look for faster and more secure options.


How do I withdraw money at an online casino?

In order to withdraw money at an online casino, you should first find the cashier’s section. This section should be easy to locate as it's where you will have previously deposited funds. Once you have chosen a withdrawal option, the final step of this process is to submit all relevant personal and financial information.


How long does it take to receive payment from a casino?

As there are no concrete rules regarding withdrawal times from online casinos can vary considerably. If you are using the most popular payment methods, then expect an average processing period of 3-5 days. However some casino sites boast much quicker processing times of as low as 2 days, with others delivering in as long as 7 days.


Are the withdrawal and deposit methods at online casinos typically the same?

In most cases the answer to this question is yes, however there are a few exceptions. With Mastercard you are able to deposit into your online casino account but you are not able to make withdrawals, with the same is also true with Pay By Phone Ireland. Check your online casino's terms and conditions for further information.


Are there withdrawal limits at online casinos?

At online casinos withdrawal limits are implemented and with the average limit on debit/credit cards and eWallets ranging from £1,000 to £3,000, with winnings often far exceeding these restrictions. With some limits applying daily, weekly or even monthly, when joining an online casino be sure to check the withdrawal limits, as you cannot appeal at a later date.

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