Popular Payment Methods in the Best Payout Online Casinos for Australia 2022
What is the best payout method in online casinos for Australian players? Nowadays, online gambling has become very famous due to its wide acceptance. The question now is where we should place our bets? Are they in real life or virtual ones? There are some advantages and disadvantages of each type though. Read more to find out.
Bitcoin
The most popular way of making payments on any website is with Bitcoin. It is a digital currency that can be exchanged for other currencies like USD, EUR, etc. You do not need to be a millionaire to own Bitcoins as it is only accepted by major companies. This means that you do not have to worry about getting scammed, and this is what makes it safer than playing at casinos using dollars.
Making payments on an online casino in AU But if you want to play games with cryptocurrencies then you may opt for one of the top 10 largest exchanges. All the sites provide great information regarding how Bitcoins work.
Here is a list of some of the few reputable Bitcoin exchanges:
- Coinbase
- Bitstamp
- Cryptopia
- Gemini Exchange
- Itbit
- Kraken
- Quickcoin.com
You must also understand that there are many ways to purchase Bitcoins. Some people buy them using credit cards while others choose to go through banks and brokers. To conclude, you should always research well before taking risks.
Neteller
If you want to make your first ever deposit into your online casino account, then it would be wise to use Neteller. This is a service that was founded in 2001 in Sweden but soon after expanded to different parts of the world including Australia.
Neteller is known as a safe payment system because, unlike other methods such as PayPal and Skrill, users cannot get stolen through their details being hacked. Even though the company does not offer high limits of transactions, it allows you to withdraw money from anywhere in the world.
Using Neteller
There are certain things needed when making a transaction with Neteller. These include a valid email address, a password, and a username. Once all these are ready, you will receive an authorization code via text message which you can then enter into the checkout section of your online casino to complete the order successfully.
One of the biggest drawbacks of choosing Neteller is that it is limited to withdrawing amounts up to $10,000 per day. If you withdraw more than this then you need to pay additional fees to cover the withdrawal process. Therefore, if you try to withdraw too much it can cost you a lot of money.
Visa Debit Cards
With the introduction of debit cards in Australia came new options for gamblers to fund their accounts and play their favourite games. Aussie banks like Westpac, NAB and Bankwest allow customers to link their bank accounts to Visa or Mastercard debit cards so they can easily place orders at online casinos.
Several players reported that they were able to enjoy all the benefits of online casinos without having to transfer funds overseas just because they had access to online banking facilities. In addition, you can now withdraw cash directly from your card instead of waiting until the next payday.
MasterCard
MasterCard is another popular method used by Australian players to gain instant access to their online gambling accounts and fund their funds securely. Using their official website, players can create free MasterCard cards by entering their identification number (PIN) and the amount they wish to spend. Then, they can make purchases using their new cards.
To prevent fraud, MasterCard has taken measures to protect its customers. They have partnered with major online gaming companies such as Microgaming and Playtech ensuring that every time you make a transaction, it is secure.
Paysafecard
Another great way of depositing money into your online slot casino account is through Paysafecard. This prepaid debit card helps you avoid credit card numbers because you only provide your name, address, email address and phone number on registration. All information is encrypted and stored offline before being transmitted to the site provider’s servers where the funds belong to you.
Once you purchase one, you can simply add money onto it by calling any local retailer or grocery store that accepts VISA/MASTERCARD. This means that you can send money straight from your card balance to your online casino without needing to wait for the next bill.
The upside of using Paysafecard is that there are no fees involved as all payments are processed automatically after confirming your details. However, some sites may not accept them. So if you want to use this method make sure you check out our best online casinos list here first.
Conclusion
Now you know everything about how to register at different online casinos in Australia for real money gambling. The methods outlined above should help you get started quickly and start wagering with confidence. Remember that even though you will be placing bets in an environment that is completely foreign to you, you will still feel comfortable when playing at an Internet casino as opposed to visiting bricks-and-mortar establishments.