Credit Card Casinos (Visa & MasterCard)
Both these credit card services are very competitive and provide very similar fees, security and usability. The difference between credit cards and the wallet options is that users have the ability to take a loan that will be paid back later with credit cards. E-wallets offer a pay as you go option, which needs to be funded before it can be used.
Visa and Master cards are accepted around the world across 210 countries. Users have the ability to pay for goods and services in more than 25 million companies worldwide, which includes online shopping, point of sale and online casinos. Almost all casinos accept credit cards as a payment method.
Credit cards can be octane had in many different ways, which are linked to your bank account. Depending on your credit record and monthly earnings, a certain credits amount will be provided to each individual user. This means the company will loan you a certain amount and expect monthly payments, which are calculated differently across the world due to interest rates and the value outstanding.
This means credit cards provide the ability to use funds that are not currently available in your bank account. You will also receive a physical card, which provide you with the ability to withdraw funds at ATM’s around the world.
Advantages with Credit Cards
Taking a Loan
Credit cards have become very popular with millions of people around the world. This is because the company provides a safety net when it’s needed most. Members have the ability to use the card for unexpected expenses and pay it back later.
Paying at Casinos
Making a payment to a casino with a credit card is instant. This means you can simply enter your details and find your funds in your account seconds later. Members also have the ability to use credit cards as a withdrawal method.
Disadvantages with Credit Cards
Paying Back the Money
One of the biggest concerns when using the credit card for services ranging from shopping to online casinos, is paying back the money. If you use a credit card with an online casino and the funds are lost, you still have to make the payment to the credit card company.
Not Being Limited
Since a credit card can be paid back over a couple of months, many people out there take advantage and deposit more and they can afford. Even though the possibility of winning always exists, members need to remember that the possibility of losing is also a factor.
Unfortunately, credit cards are not as safe as the e-wallets. This is because you are required to provide fragile information each time a payment is made. This includes the name of the cardholder, the number displayed on the card and the CVC number displayed on the back of the corner. If this information falls into the wrong hands, it can easily be used for fraud.
While the payment is made a very secure line is used, which will ensure payments reach the online shop or casino. Members just need to ensure that the company or website the payment is made to can be trusted with this information.
Members have the ability to transfer funds from a credit card to an e-wallet, which eliminates most of the risk. This means you simply transfer funds to an electronic wallets online and complete payments using the E-wallet service.
You may find yourself paying more fees, but very low amounts if any. E-wallets options also provide bonus options with many casinos, which will eliminate the fees.