Quick and Easy: Top E-wallets for Gamblers in 2024
E-wallets are one the most popular payment methods for gamblers. It’s not uncommon for online casinos to offer a variety of payment methods, including credit and debit cards, cryptocurrencies, bank transfers, and of course, e-wallets. The latter remains one of the most trusted and widely available payment options, and for good reasons. Players trust e-wallets primarily due to the relatively faster withdrawals and lower fees, as opposed to card payments, or bank transfers. Discover top e-wallets for gambling in 2024 below:
Top E-wallets for Gamblers in 2024
Looking for an e-wallet to use for online gambling? Remember to consider factors such as fees, supported currencies, security features, and availability in your region. Keep reading to find out more.
PayPal
The availability of PayPal as a payment option can vary depending on the online casino and your location. It is hard to believe, but in recent years PayPal has been losing ground, especially in the casino industry. You can still find it in most casinos though, especially in the United Kingdom, Canada, and Australia. Several European countries, including Germany, Spain, and Italy, have online casinos that support PayPal payments as well. You can use PayPal to deposit and cash out, with an estimated withdrawal processing time at around 12 to 48 hours.
Skrill
If you’re on the market for a good and reliable e-wallet, look no further than Skrill. In recent years, Skrill has gained widespread popularity, especially among the online gambling community. Players use it due to its instant transfers, and low fees. Plus, most casinos allow you to withdraw to your Skrill account, unlike other e-wallets, that may require bank accounts as intermediary. While the availability of Skrill in online casinos depends on your region, you can expect to find it in over 100 countries, especially in Europe, Canada, South America, Australia, and New Zealand.
Neteller
The perfect e-wallet for gamblers. It is safe and has widespread acceptance, from the majority of online casinos. Deposits are instant, however, some casinos do not process withdrawals via Neteller. If you win, and wish to withdraw, you can do so, but to your bank account, associated with your Neteller wallet. How does it work? It’s simple! You can create a Neteller account, and transfer funds there. You can use the funds to then make transfers to your casino account.
Paysafecard
More than an e-wallet, Paysafecard is a prepaid card solution. It made the list only because it is widely popular among players. The reason for that is because it allows you to add credit to your balance, without having to share financial information. It is a fast and anonymous payment method, mainly used in regions like Germany, Austria, Poland, United Kingdom, Spain and Greece, in that order. Deposits are instant, with no fees attached. However, if you win, you have to use an alternative payment method to withdraw, with options ranging from bank transfers and e-wallets to even crypto depending on the casino’s policies.
Trustly
Trustly is widely available in many online casinos, especially those catering to European markets. It supports various currencies, including major ones like Euro (EUR), British Pound (GBP), and Swedish Krona (SEK). Players can use it to deposit and withdraw, with little to no fees attached. The withdrawal processing time may vary from the casino’s policies, however, you can expect to cash out within 1-2 days. Trustly does not have a mobile app, but you can access their official website from your favorite browsers.
Payz
Another popular e-wallet for gamblers – Payz has been facilitating money transfers in online casinos since 2000. It has a high approval rate, deposits are instant, and withdrawals are processed relatively fast. Payz is available in more than 150 countries and works with major casinos and sportsbooks. Making a deposit is easy. First, you need to fund your Payz account, using major credit cards or banks. Then, visit the Cashier, enter your desired deposit amount, and the transaction will be processed instantly.
Comparison Table: E-Wallets in Online Gambling
The popularity of e-wallets can change, so it’s good to stay updated. You can check an online casino’s payment methods prior to registering or ask their customer support. This way you will save some time.
These fees are approximate, and the actual fees can vary based on your location, the type of transaction, and the specific policies of the casino. Some casinos, for example, tend to handle transaction fees, while others leave it to the player. Always check the terms and conditions of both the e-wallet provider and the online casino for the most accurate information.
Top E-wallets for Gamblers in Specific Regions
In addition to globally available e-wallets, certain regions have specific e-wallets popular within those countries. These regional payment methods are tailored to local preferences, offering lower fees and improved convenience. If you are playing from a country mentioned, we recommend that you consider utilizing one of the specified regional e-wallets for online transactions.
Popular e-wallets in Canada
Interac e-Transfer: Interac e-Transfer is a popular method for Canadians to transfer money online. It’s widely supported by banks and financial institutions, and can be used for both: deposits and withdrawals.
InstaDebit: A Canadian e-wallet, InstaDebit allows players to make secure transfers, directly from their bank accounts. You can find it integrated in international casinos and Canadian-based online casinos.
Popular E-wallets in India
UPI (Unified Payments Interface): Is a widely used e-wallet in India, that allows players to link multiple bank accounts for fast and easy transactions.
PayTM: A favorite in India, for a range of services like mobile recharges, bill payments, online shopping, and online gambling. You will find it in most Indian-based online casinos.
Other Regions
OXXO Pay: Widely used in Mexico, it facilitates cash-based payments for online transactions.
GoPay: A popular e-wallet in the Czech Republic, providing low-fee online payment services.
PIX: A Brazilian instant payment system that enables players to transfer funds fast, hassle-free.
Qiwi: Popular in Russia and the CIS region, due to low-fees and fast deposits & withdrawals.
Cryptocurrencies VS E-wallets: Which is better?
E-wallet deposits are instant, with little to no fees attached. The withdrawal processing time may vary from one casino to another. Nonetheless, you can expect to cash out within 12 to 48 hours, after security checks are finished. Cryptocurrencies, on the other hand, rely greatly on blockchain verification, which often leads to slight delays in deposits. Cashing out via crypto, however, takes significantly less time, and provides a greater degree of autonomy. True, cryptocurrencies are faster, however, most players are still indifferent to them, and seem to have chosen e-wallets, as a more trusted and convenient payment option.
FAQs
Shawn holds the esteemed position of Lead Content Manager for our premier website, Kika Casino Canada. With an extensive background as a seasoned and passionate gambler, he has now evolved into a highly-regarded expert in the gaming industry. Shawn is deeply committed to ensuring the accuracy and reliability of our content, meticulously crafting top-notch reviews and insightful news articles. His area of expertise lies in the comprehensive analysis of casino bonuses and their accompanying terms and conditions, enabling our readers to make well-informed decisions in the dynamic world of gambling.