Gamers Choice: Most Popular and Safest Payment Methods for Online Gaming
Online gaming is more popular than ever, and today’s players have a large number of payment methods to choose from. However, not all options are equal when it comes to security, and as a player, you should only share your personal and financial information with reputable payment providers. That is why we prepared this concise guide that will help you learn more about the safest payment options that are commonly used for virtual gaming:
Visa and MasterCard
Credit and debit cards are surely some of the easiest ways to complete online payments, and MasterCard and Visa are the two most commonly used types in the world. The two card types are something that the majority of players already own and use, so there is no need to open new accounts and set up additional systems in order to complete gaming-related transactions. On top of that, credit and debit cards offer quick payment processing, and there are no additional fees for currency conversion. Even though some users are concerned about sharing their card details with online gaming sites, if you stick to reputable operators with proper licensing, there is no reason to worry.
PayPal
PayPal is the best-known e-wallet in the world, and for many users, it is a definite favourite when it comes to online payments. Thanks to its popularity, many different gaming platforms, including gambling sites, accept PayPal. If you’re into web-based wagering, you will have no trouble finding a reliable PayPal casino where you can enjoy your favourite games. PayPal is loved by gamers because it is easy to use and has quick transaction times. What’s more, in order to use it, you only need to enter your information during account registration. This means that you don’t need to disclose your data online in any of your future payments. This is an additional convenience for online players since gaming involves frequent in-app purchases, and not having to think about data risks in every one of them is a big plus.
Neteller and Skrill
Neteller and Skrill are the two most popular e-wallets next to PayPal, and both are known are secure methods of payment. Neteller allows smooth deposits and withdrawals, and the funds are transferred quickly, often in less than 24 hours. And just like PayPal, the platform allows users to complete transactions without connecting personal details with the gaming provider’s site. Additionally, there are no fees for deposits and withdrawals when using Neteller for single uploads that are less than $20. Skrill shares all the benefits of Neteller, and it is particularly suitable for small in-game transactions. If you happen to be in the middle of a game when you realize that you need a cool add-on, Skrill is the best way to get it fast, without having to interrupt the current session.
Paysafecard
Paysafecard is one of the leading methods when it comes to prepaid payments. It allows users to make online payments with a 16-digit PIN while keeping their personal and financial data safe. This is another great option for those who cherish their privacy, since it does not send any information about the transactions to their banks. Also, when using Paysafecard, there is a transaction record on your credit or debit card.
Bank Transfers
Bank transfers used to be one of the most commonly used forms of online payments. Due to the availability of other convenient methods, their use is now a little less frequent, but the safety is considered pretty high. Bank transfers are usually processed within 3 to 5 business days, and you may be charged a fee for some online transactions. Even though it may not be the fastest way to transfer money, thanks to the level mentioned above of safety, many high-rollers frequently opt for bank transfers when they need to deposit and withdraw high amounts of cash.
Cryptocurrencies
Cryptocurrencies like Bitcoin, Litecoin and Ethereum entered many different industries, including gaming. Their use is still not considered mainstream, but they promise better data security when compared to other more traditional options. The transactions are encrypted, which makes them almost impossible to hack and much more secure than bank transfers. Also, they eliminate the need for third-party services, since the funds are transferred directly from one user’s wallet to another’s, without having to fill any forms with personal information. However, regardless of their safety, cryptocurrencies are still not widely accepted by all the top gaming providers.
Many people see online gaming as one of their favourite pastimes, and completing the required transactions securely gives them peace of mind while enjoying all the top categories. Learning all this useful information about some of the safest payment options you can use for gaming will help you pursue your new hobby without having to worry about fraud and other financial risks.
