What's in Your Wallet? Your E-Wallet, That Is
January 17, 2014
There is no question that if you are interested in gambling online at a casino, you are looking for a secure way to execute deposits and withdrawals. This means that you are looking for a deposit "option" or a "banking method" through which to do this. You may also have a lot of other concerns, including what your level of privacy is, or whether someone can easily trace what you do. It could be any number of things; some men who have families may not want their spouses to see that they have made deposits using their credit card and an online casino. Some folks would rather the online casino itself not be privy to all of the financial and banking information, and what would rather do something that carries with it a lot more privacy. Sometimes the speed of the transaction is the most important thing. Other times the main consideration is using a method through which a deposit AND a withdrawal can be made.
If you are in an English-speaking country like New Zealand, or even Canada or Australia, you may be somewhat limited in terms of the options you can use. We can state unequivocally that using major credit cards, such as Visa or MasterCard, is a safe method, and really, there is no quicker way to get an online casino account opened. But let's face it – some folks feel very uneasy about people having access to credit card numbers and expiration dates, for fear that such information might fall into the wrong hands. It has happened before, even with well-meaning operators. Yes, there is encryption involved, but when you're doing something other than a swipe, and have to enter the numbers including the security code on the back, this could create some nervousness.
Online casinos do recognize this; don't think that they do not. So they have taken the time to offer alternative outlets for folks to make these deposits. One of them that we highly recommend is using the electronic wallet, which is nothing more than electronic payment system. Some of them aren't "wallets," per se, but what they have in common is that they offer conduit between you and the casino. UKash is one of the more common electronic payment methods that people use, and Skrill is an e-wallet that is utilized around the world (though it has pulled out of Canada, for reasons of political expediency). Some of the wallets require you to make a deposit in a real account with them. Others, like UseMyBank, simply act as a filter through which you're going to pay for transactions using your bank account. Players are encouraged to investigate these options, and at many of the online casinos you will visit, they will point out very clearly which ones are available within your jurisdiction.