Check Out eWallets Before Signing Up at Casinos

Despite the proliferation of eWallets over the last few years, credit cards are still the preferred payment option of most online casino players. However the incidence of credit card rejection may increase in the future, particularly in the United States. It can be very frustrating if a player urgently needs to deposit funds and his credit card transaction is not going through. At that time, looking for an eWallet, completing the signing up process, funding the new option and remitting funds from it is bound to take time. And if this process is done at gun point then it is very likely that it will not be done well. Therefore, even if the player intends to use credit cards to make deposits at online casinos, it is advisable to carefully select an eWallet beforehand as a backup. Then if the credit card transaction gives a problem the player can switch to the eWallet without any loss of time or sweat.

Certain factors need to be kept in mind while selecting an eWallet. Reliability and cost are important factors. However the acceptability of eWallets is equally important. The advantage of an eWallet lies in that it can be a single source for funding all online casino transactions. The players banking or credit card details need to be given to one eWallet service provider only. If a player has to sign up with different eWallets for different online casinos then this advantage is lost. The problem arises because any online casino does not accept all eWallets. An online casino selects a limited number of eWallet options based on the eWallets popular in the areas its clientele is concentrated. Integrating an eWallet into the casino software is a costly process and must pay back in terms of the number of people using that eWallet. Therefore the player must draw up a list of the online casinos he usually plays at or is likely to play at. He must then check out the eWallets accepted at these online casinos. Finally he should go for an eWallet that is commonly accepted at his chosen online casinos. This choice obviously should be subject to his due diligence on other factors. Sometimes it may be difficult to find one common eWallet to all the selected online casinos, and in that event the player would have to sign up with more than one eWallet.

American players will have an additional consideration. Not all eWallets cater to American players. For example one of the most popular eWallets, NETeller, has withdrawn from the American market because of legal uncertainties. Therefore players need to ascertain whether the eWallet accepts American players before signing up. Other wise they may get stuck half way through the registration process and have wasted a lot of time.

Learn more about casino banking options and find several alternative online casino banking options here. If you're from the US we suggest looking over some of the US deposit options found here.


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Comment by: Jane Parker On: October 02, 2009
Even having one account handy if you find that you're getting rejections of credit cards if you're starting to play at a new online casino is a wise move if you ask me.
Comment by: Danny Spicer On: August 14, 2009
I agree credit cards as a means of depositing at online casinos is the best option. I think that more then that using your Visa and American Express (if the casino accepts Amex) are the best two credit card types to use at online casinos! Mastercard is good but not all online casinos accept Mastercard for some reason and if they do even there'll be far more rejections on Mastercard then the other two.
Comment by: Karl Benton On: July 23, 2009
eWallets are good as a last resort but keep in mind that if you need to create one of these eWallet accounts in some cases there's a good chance that you won't be able to deposit using your newly created account right away. Generally from what I've experienced is that in most cases you'll have to provide some sort of due diligence like you do when making sizable deposits using your credit card.

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