Casino Articles

Some Popular Web Casino Wallets

By: Joe Valentino, Tuesday May 26th 2009
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Web wallets are gaining in popularity as a mechanism for carrying out financial transactions at online casinos. They offer certain advantages and certain disadvantages as compared with credit cards. Therefore each player has to make a considered decision depending on his individual needs. But if the player decides to use web wallets there are certain things that he must check out before finally adopting that option.

All web wallets are not functional in all countries. Similarly web wallets operate only with specified currencies. Hence players choosing web wallets should check out whether their country and their currency are covered. Web wallets also specify minimum deposit amounts. Usually these are very small to have any material impact on the decision of selecting a web wallet. However players must be aware of what these limits are. One of the most important factors is whether the web wallet allows withdrawals or not and if it does then what is the timeframe for the withdrawal. Some of the more popular web wallets are discussed below with respect to these factors. Though the information given is current, players will be advised to check out the web wallet website at the time of taking a decision.

Neteller

Neteller operates in all countries except the United States, Canada and Turkey. Despite not operating in the United States and Canada Neteller handles both US and Canadian dollars. The other currencies handled by Neteller are British pounds, euros and Swiss francs. The minimum deposit in US dollars, Canadian dollars, euros and Swiss francs is 20 units. The minimum deposit in British pounds 10 units. Funds can be withdrawn from online casinos using Neteller. Players should allow for up to 48 hours for the withdrawal.

Click2Pay

Click2Pay operates in all countries without exception. The currencies handled by Click2Pay are US dollars, Canadian dollars, British pounds, euros and Swiss francs. The minimum deposit in US dollars, Canadian dollars, euros and Swiss francs is 20 units. The minimum deposit in British pounds 10 units. Funds can be withdrawn from online casinos using Click2Pay. Players should allow for up to 48 hours for the withdrawal.

ClickandBuy

ClickandBuy operates in all countries except for the United States. The currencies handled by ClickandBuy are US dollars, Canadian dollars, British pounds, euros and Swiss francs. The minimum deposit in US dollars, Canadian dollars, euros and Swiss francs is 20 units. The minimum deposit in British pounds 10 units. Funds can be withdrawn from online casinos using ClickandBuy. Players should allow for up to 48 hours for the withdrawal.

Moneybookers

Moneybookers operates in all countries except for the United States, China, Israel, Turkey and Malaysia. The currencies handled by Moneybookers are US dollars, Canadian dollars, British pounds, euros and Swiss francs. The minimum deposit in US dollars, Canadian dollars, euros and Swiss francs is 20 units. The minimum deposit in British pounds 10 units. Funds can be withdrawn from online casinos using Moneybookers. Players should allow for up to 48 hours for the withdrawal.

Instadebit

Instadebit operates only in Canada. The currencies handled by Instadebit are US dollars and Canadian dollars. The minimum deposit is 20 units. Funds can be withdrawn from online casinos using Instadebit. Players should allow for up to 48 hours for the withdrawal.

UseMyBank

UseMyBank operates only in Canada, Netherlands, Austria, the United Kingdom and China. The currencies handled by UseMyBank are US dollars, Canadian dollars, British pounds and euros. The minimum deposit in US dollars, Canadian dollars and euros is 20 units. The minimum deposit in British pounds 10 units. Funds cannot be withdrawn from online casinos using UseMyBank.

UseMyWallet

UseMyWallet operates only in the United States and handles only US dollars. The minimum deposit is 20 US dollars. Funds can be withdrawn from online casinos using UseMyWallet. Players should allow for up to 48 hours for the withdrawal.

Ukash

Ukash operates in a large number of European countries and in South Africa. The currencies handled by Ukash are US dollars, Canadian dollars, British pounds, euros and Swiss francs. The minimum deposit in US dollars, Canadian dollars, euros and Swiss francs is 20 units. The minimum deposit in British pounds 10 units. Funds cannot be withdrawn from online casinos using Ukash.

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Comment by: Kenny Curron On: October 11, 2009
I think that credit card is still the most widely available solution out there for people to take advantage of and make use of and will be for a long time still to come. Your average player and older players especially aren't too keen on the idea of creating accounts with these alternate casino banking options.
Comment by: budahbless On: September 23, 2009
If you're not from the United States then I would have to say that either Moneybookers or Click2Pay are the best options of the above mentioned. They're reliable, secure and have a large percentage of the market share for processing payments around the globe. If you're from Canada I hear that Instadebit is a very good option.
Comment by: Bob Hathaway On: September 02, 2009
I still think that credit cards will always remain the single most convenient option for depositing at online casinos so long as you pick and choose the right online casinos to play at. Some online casinos have a much easier time taking your deposits then others so just be conscientious of where you play and you should be good. eWallets are a good alternative if you can't first deposit using one of the credit cards that you have available for use.
Comment by: casinowizard On: June 17, 2009
Agreed they don't have an option but it's definitely always wise to try using your credit card first at an online casino.
Comment by: Karl Benton On: June 08, 2009
Some players unfortunately don't have any option but to use these alternative banking solutions. I think there a sort of blessing to the industry and I'm thankful they do exist for those who cannot deposit using their credit cards.
Comment by: Angie Kent On: May 30, 2009
In my opinion eWallets are really only good if you've exhausted your option of using credit cards with an online casino. My suggestion and something that's worked for me in the past is if one card experiences a rejection that you try another card as the issuing bank of your card may in some cases reject transactions others may not... Anyways eWallets are good don't get me wrong but credit card deposits are just easier.
Comment by: Kenny Curron On: May 26, 2009
I think that all of the above eWallets are good, however if you're an American player such as myself just be forewarned that very few of the above online banking options accept and allow US players to utilize them. I beleive that the only ones from the above list that do allow US players to use them are: UseMyWallet and Click2Pay. Other methods for US players that should be used to start with are Credit Cards followed by eChecks (if available) and then the previously mentioned options.

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