If you are a player in online casinos, then you might want to know how to use an e-wallet. This piece looks at what an e-wallet is and how it can be used in online casinos.
An electronic wallet is just like your old leather wallet—except it’s not real leather! It’s a form of payment that is stored on your computer or phone. Most e-wallets are as safe as a credit card or bank account too.
Many people have turned to use an e-wallet because they’re convenient and easy to use. Instead of signing up for a new online casino by entering your details each time, you can sign up once for an e-wallet.
How E-Wallets Work at an Online Casino?
You can use an e-wallet at online casinos in lots of ways. You can often use them to deposit money into your account. This can be a quick and easy way to get some cash into your online casino account!
Or you can also use an e-wallet for your deposit because it means that the bank details you enter will not be shown on screen or given to the casino. This ensures the security of your banking information!
An e-wallet may also be used to withdraw funds from an online gaming account. At the end of a busy day, you might want to cash out some –real money. Simply make a request for money to be withdrawn from your online casino account and then confirm the amount you want to withdraw.
You will then receive your cash in exchange for credits in an e-wallet. You can withdraw this cash the same way you would cash from any other bank account or credit card.
Some casinos may charge a fee for withdrawing money using an e-wallet. Some may also have different limits on withdrawals depending on the size of your withdrawal and your location.
Finally, you can use an e-wallet to make deposits to online casino Kuwait accounts too. In some online casinos, you will be unable to deposit using regular card payments or bank account. An e-wallet comes in helpful in this situation! Using an e-wallet instead of a credit card may also be safer.
Top tips for using e-wallets at an online casino
1. Your e-wallet must be genuine, accredited one
Check your e-mail and the website of your chosen electronic wallet before you sign up to make sure that it’s a genuine and accredited wallet. Ensure that all website information is secure and in place – this can be done by looking for certificates or security checks.
2. Always check your bank statement or credit card balance to see if you’ve spent more than you planned
An online casino is designed for entertainment only, so do not spend more than you can afford. Keep an eye on your e-wallet to be sure you’re not overspending. If you begin to spend regularly, talk to someone about it or set a weekly budget. You should always have money left over for food and bills.
3. When you open a new account, have at least $50 in it to try things out
As long as you have money in your account, e-wallets are simple to use. It’s a good idea to keep just the minimum amount essential so that you can make deposits and withdrawals easily. You’ll find that you will want more money in your e-wallet over time, and it’s best to have it ready.
4. Make sure you use the ‘secure’ delivery method when sending your money
Use ‘secure’ payment methods like PayPal or Bitcoin if you are depositing or withdrawing. If possible, use a credit card to deposit and withdraw. This is because there is better consumer protection when credit cards are used. If anything goes wrong with your transaction, you will be able to claim the credit card provider rather than the casino!
5. Never give your password to other people, and never use anyone else’s e-wallet
As tempting as it might be to share your e-wallet account with friends or family, it’s not a good idea! You cannot control what they do with the money on your account. Only use a password that you wouldn’t mind someone using. No one else knows it!’ or ‘My cat knows it!’ is a decent rule of thumb.
6. Read any terms and conditions carefully
Each e-wallet has its terms and conditions. Make sure that you understand them, especially if you use your payment card to make a deposit or withdrawal. Find out how much you may spend on a transaction and how much it will cost you to use an e-wallet. If there’s a fee, check whether it’s the same for deposits and withdrawals too.
Most popular e-wallets of these days
Gcash
Gcash is an e-wallet that’s popular at online casinos. It’s a prepaid card that allows you to deposit, withdraw and make online payments quickly and easily. Gcash can be bought or topped up in several ways, including credit cards, bank transfers, and regular debit cards. Gcash does not require you to have a bank account!
QIWI wallet
In Russia and other Russian-speaking countries, the QIWI wallet is another term for an e-wallet. It’s very simple to use and enables you to make payments using either your computer or a smartphone. You can top up your QIWI wallet with the help of your bank account or a credit card, which gives it a lot of flexibility too!
Skrill
Skrill is a popular e-wallet for online casino players. You can use it to make deposits, withdrawals and as a regular payment method. The good thing about Skrill is that it’s accepted in many countries around the world, including the US, Canada, UK and Australia. Lots of online casino sites also accept it!
Neteller
Neteller is another popular e-wallet that’s used at online casinos. This e-wallet is easy to set up and can be used to make deposits on the go using your mobile phone. You can buy Neteller using a bank transfer, credit or debit card – making it easy to fund your account. Neteller has good customer service too!
Entropay
Entropay is an e-wallet that’s popular with gamers as well as online casino players. It’s a prepaid card that allows you to spend your points in a variety of ways. You can also use it to pay with regular debit or credit cards, which gives you flexibility. Entropay is an online casino player favorite!
PaySafe
PaySafe is another e-wallet that players use when playing at online casinos. It can be bought using a debit card – meaning there are no fees from the bank for using this e-wallet. It’s easy to use, and you can make payments using your mobile phone too!
You can use PaySafe to play at many online casinos!
Conclusion
At the end of the day, e-wallets are just another form of payment. They do give you great convenience and it’s easy to use. But as with everything, there are things that need to be taken into consideration before using them.
Always do a review of the site or e-wallet before you sign up. Check out their terms and conditions and make sure that everything is in order. Also, when you’re just starting out, make sure to have just enough money in your e-wallet. Always have money left over so that you can enjoy your time at the casino!