The Best E-Wallet Casino Guide 2022
With low fees, simplicity, fast transactions, and security, it's not hard to understand why so many casino players are looking for the best e-wallet casino to sign up to. Fortunately, we've listed the top choices out there in this very article – read on to find out more!
- What Are E-Wallets?
- Our Top List of Recommended E-Wallets to Use at Casino
- Pros & Cons of Using E-Wallets at Online Casino
- Are E-Wallets Safe To Use?
- Can I Get a Casino Bonus When Using an E-Wallet?
- Using an E-Wallet at an Online Casino
- Does Using E-Wallets at Online Casino Come With Fees?
- How Long Do E-Wallet Casino Payments and Withdrawals Take?
- What to Keep In Mind When Choosing an E-Wallet
- Alternative Payment Methods
- E-Wallets vs Cryptocurrency Wallets
- E-Wallet Casino Conclusion
- E-Wallet Casino FAQs
What Are E-Wallets?
E-wallets, sometimes referred to as digital wallets, are basically online accounts where you can store your funds. You can then make payments using said funds without sharing any of your personal information with the operator.
E-wallets are safe, and can be used to make easy and quick payments (deposits & withdrawals) to online and mobile e-wallet Casino. In other words, you can enjoy real money slots or live dealer casino games, knowing that you have security when it comes to your personal details.
Our Top List of Recommended E-Wallets to Use at Casino
As great as having options can be, all the information our there can also get daunting to sift through. So we have researched some of the best and most popular e-wallet services, so that we could provide you with all the details!
Which E-Wallet Should I Choose?
Considering the sheer amount of choices available, we can't blame you if you get a case of choice paralysis! Of course, if you're already set up on a particular e-wallet for your day-to-day life, then you should search for Casino which support that particular e-wallet.
But what if I'm starting from scratch? – Well, that's a tougher question to answer!
Depending on the country you're from, different e-wallet services might be popular. While the big name giants are always out there, gambling sites from specific jurisdictions, such as Malaysian online Casino, might also support locally relevant e-wallet options, such as Boost, Touch n' Go, and others.
Now it's time to arm yourself with the knowledge to make an informed decision. Our comparison list below should help make that easier for you!
Skrill, alongside NETELLER, consistently ranks among the most popular and dependable digital wallet services on the market. In fact, it was the first recognised e-wallet and it is the gold standard of casino wallets. But it gets even better: using it is completely free.
One downside, however, is that many operators offer no welcome bonuses for Skrill. For that reason, we recommend using a different method for placing first deposits, and this e-wallet for subsequent ones.
Founded in Canada in 1999, NETELLER moved to the Isle of Man in 2004 in order to focus all of its its services entirely on the UK market. Today, NETELLER is accepted at virtually every worthwhile online casino and as a service, it offers enhanced security, quick deposits, and faster withdrawals.
However using it will also mean that you’re unlikely to get a welcome bonus – so use a different method for your first deposit. There is also a 2.5% standard fee to use NETELLER at online Casino. This may not be ideal, but we feel the positive experience makes it worth it.
Sometimes it seems that PayPal has been around since the dawn of the internet. Of course, the reason behind this is that it’s reliable, safe, and cost effective. In fact, it only charges small fees to exchange money from one currency to another.
PayPal is available in over 200 countries and regions around the world, supports 25 currencies, and now also has cryptocurrency wallet functionalities. In some places, you can even get a PayPal Cashback Mastercard, too.
EcoPayz is another popular digital wallet that lets you store and move your money with ease. It’s also safe and versatile as it comes with encryption, 24/7 customer support, and multiple currency options.
Many Casino accept this e-wallet service, making it an effective payment solution to use when online gambling. Moreover, they also offer the ecoVirtualCard, which is operated by Visa and functions like any standard debit card.
Despite its benefits, it's also important to understand and consider that ecoPayz does charge somewhat hefty fees for both top-ups and withdrawals.
WebMoney services more than 40 million clients, the majority of whom are based in Russia and other parts of Eastern Europe.
It allows you to store different assets: electronic money, crypto, gold, and much more. These assets are held by a guarantor, which provides the utmost protection of your funds in case of liquidation or fraud.
WebMoney has a dedicated mobile application, quick transfer times, and low fees. However, the number of Casino that currently accept it is rather limited.
Jeton acts as both a digital wallet and a prepaid card, depending on your needs. This allows for flexibility as you can make purchases or withdraw money as you see fit, with incredible convenience.
It is also certified by the Financial Conduct Authority, so your money is in good hands. With 24/7 customer service, Touch ID/Face ID compatibility, and numerous supported currencies, it's a great option that’s making a splash in the industry.
MuchBetter is one of the fastest-growing e-wallets and it continues to gain popularity at UK Casino as well as European Casino. It intends on providing a ‘much better’ experience to what its users are used to.
In fact, this casino wallet has some of the lowest fees for any e-wallet worldwide as well as top-notch security. The MuchBetter mobile app also allows one to top up and withdraw money easily
MiFinity is a smart, simple, and secure payment solution. With more than 18 years in the business, MiFinity is a veteran in the industry and it has successfully adapted to many changes, including the integration of Cryptopay for use at crypto Casino.
One unique element about MiFinity is its VIP programme which rewards its high rollers with exclusive deals and cool bonuses they wouldn’t find elsewhere. Also, while it does charge fees, they are minor. MiFinity is accessible in over 170 countries and is a solid choice at any e-wallet casino that accepts it.
Pros & Cons of Using E-Wallets at Online Casino
Like all other payment methods, e-wallets come with advantages and disadvantages. Here’s what you need to keep in mind about using e-wallets Casino.
- Fast: E-wallets are among the fastest payment methods for deposits and withdrawals.
- Safe: E-wallets are super safe, and most have two-step authentication for transfers.
- No Personal Information: You don’t need to give your personal/banking details to the vendor.
- Easy to Use: You can quickly set up and use an e-wallet account.
- Great for Mobile: Most e-wallets let you confirm payments directly through the app.
- Limited Bonuses: Some e-wallet Casino won’t give you a bonus if you use an e-wallet for your first deposit.
- Not Universally Accepted: An e-wallet may not be available at the casino site of your choice.
- Transaction Fees: Some e-wallets come with fees.
Are E-Wallets Safe To Use?
E-wallets is their widely-recognised commitment to safety and security. In fact, it is said that digital wallets are safer than your real one. This is due to the following reasons:
- They do not share your actual payment details with the vendor.
- They have a two-step authentication process which verifies your purchases.
- They work through a proxy network that has a built-in firewall. This prevents e-wallets from accessing your personal banking history and selling it to third parties.
- They have SSL encryption to prevent hacking of the e-wallet database.
- They inform customers about any phishing emails or other scams.
Legal Casino that accept e-wallets are also usually licensed by reputable jurisdications. That means MGA Casino, Gibraltar Casino, Alderney gambling sites, Swedish gambling sites, UKGC licensed Casino, or Curaçao betting pages. All of these impose strict rules on the Casino to keep both you and your money secure.
Can I Get a Casino Bonus When Using an E-Wallet?
It depends on both the e-wallet casino and the service you choose to use. However, you can use an alternative payment method (such as a credit card or cryptocurrency) when making your first deposit, to have access to the following bonuses.
Welcome bonusesare among the most common and popular bonuses at all online Casino, but they’re ones most users of e-wallet Casino miss out on. This is especially true if you’re using Skrill or NETELLER.
Those who do get these bonuses can expect a match on their first deposit (for example, a 100% match bonus or 200% match bonus up to a certain amount) which can also include spins on pre-selected games.
Free spins are another popular type of bonus. As the name suggests, these allow you to try out pre-selected video slots at e-wallet Casino for free.
Some even have zero wagering requirements, which is terrific as it means that you actually get to keep any winnings without having to spend any money at all.
A reload bonus is when the e-wallet casino gives you free spins or matches the amount you deposit on your second, third, or fourth deposits.
This can either be part of the welcome bonus that you receive from the online casino, or else it can be a weekly, monthly, or one-off offer from the casino.
Cashback bonusessee your casino give you a percentage of your net losses or deposit money-back, with 5 to 10% being the usual figure.
This is a fantastic way of ensuring that you never fully outspend your budget. Cashbacks should come with zero wagering requirements, meaning that an instant withdrawal should be possible.
VIP bonusesmay be offered to high-rollers of the top e-wallet Casino. Some Casino determine your VIP status through points. The higher your status, the bigger the rewards will be.
These can include better cashback rates, as well as free bonuses, trips, tickets to events, and gifts. The most exclusive VIP casino clubs are invitation-only affairs.
Some Casino have loyalty programs where players who deposit and play receive points. Usually, you have to climb up levels in order to receive your bonus prizes. These can then be redeemed for loyalty bonuses or even perks.
A no deposit bonus is a very rare type of bonus at most online Casino. This is when the e-wallet casino gives you free credit or free spins (with high wagering requirements), without you having to make a deposit.
Always read the Terms & Conditions before bonus activation. Wagering requirements, deadlines, and which games contribute to your wagering requirements can make a big difference to your overall experience.
Also, keep in mind that at most Casino, using Skrill or NETELLER for your first deposit will result in you forfeiting your welcome bonus.
Using an E-Wallet at an Online Casino
When it comes to depositing and withdrawing using an e-wallet, the process is usually quick, easy, and safe.
In fact, even registering and funding your e-wallets are simple affairs. Here's how to use a digital wallet from start to finish.
If you are a UK resident, you cannot use e-wallet funds that come from credit cards due to a recently-enacted law by the UK Gambling Commission. Simply use a debit card or your bank account to fund your e-wallet account.
How to Register for an E-Wallet
In order to register an e-wallet for casino gaming, just visit the website of any wallets that we recommend and make an account. This usually includes verifying your email and phone number and authenticating your banking details.
You can even register directly via your mobile device – no download needed! Alternatively, you can choose to download the e-wallet’s app to make faster payments.
It's important to note is that some e-wallets link directly to your bank account, while others only link to your debit/credit card.
How to Deposit at an Online Casino Using an E-Wallet
Here's the lowdown on depositing using a handy-dandy E-wallet.
- Log in or sign up to an online casino that accepts your e-wallet of choice.
- Head to the Cashier/Banking section and go to the e-wallets section.
- Choose your e-wallet service and enter how much you’d like to deposit.
- You will now be redirected to the service’s official website or the app.
- Log in and confirm your payment, which should appear in your casino account within a few seconds or minutes.
How to Withdraw at an Online Casino Using an E-Wallet
When it comes to withdrawing your winnings, the steps are also pretty straightforward – but since your e-wallet doesn’t share personal information with the casino, there is an extra step you might need to undergo.
- Check if you need to verify your identity for anti-money laundering purposes.
- Then head to the Cashier/Banking section and go to the e-wallets section.
- Choose your e-wallet service and enter the amount you’d like to withdraw.
- Confirm the amount and that’s it! The first payment may take a few days to be effected, but subsequent ones should be quick.
Most Casino only allow you to withdraw funds using the same deposit method.
Does Using E-Wallets at Online Casino Come With Fees?
The fees for using an e-wallet at online casino sites can vary depending on many factors like country, currency, method of payment to/from the e-wallet, and of course, the e-wallet itself.
Let’s review some common fees you may encounter with e-wallet online gambling:
- Deposit Fees: Sometimes deposits are free, while other times you may be charged with a commission fee of up to 5% or more.
- Withdrawal Fees: Some e-wallets may charge you to make withdrawals to your main bank account which can also be up to 5% or more. Alternatively, they may offer their own bank card to avoid fees altogether, as is the case with NETELLER’s Mastercard.
- Currency Exchange Fees: You may be charged fees to exchange money from one currency to another. The service should specify these fees before you confirm the transaction.
How Long Do E-Wallet Casino Payments and Withdrawals Take?
Overall, e-wallet casino payments and withdrawals are quick. Yet the first one usually takes a few days while the casino verifies your identity.
What to Keep In Mind When Choosing an E-Wallet
In today’s online casino world, there are multiple e-wallets. Here are a few factors to consider when choosing an e-wallet:
Why e-wallets are used
E-wallets are a secure method which doesn’t disclose personal details to the online casino.
Which country you are playing from
While most of the e-wallets we mention here are international, ones like WebMoney are very country-specific. Others, like PayPal, NETELLER, and Skrill cannot be funded with credit cards in the UK. Not all of them accept all currencies, so that should also be taken into consideration.
Whether you want a casino bonus
Some e-wallet Casino won’t offer a bonus if you make a first deposit using these services. However, once you've placed your first deposit, you're welcome to use an e-wallet method to claim future bonus offers.
If the e-wallet is accepted
Although virtually all Casino accept one or more e-wallets, they don’t all accept the same services. Before joining a casino, check if your favourite e-wallet is available at your casino and whether it can be used from your country of residence.
If the e-wallet can be used at mobile Casino
E-wallets are a fantastic choice for users who prefer to play casino games online wherever they please. Many of the major e-wallets, like Skrill and PayPal, have their own apps for streamlining casino payments. Just download the e-wallet’s mobile application, and sign up at one of our recommended mobile Casino.
Alternative Payment Methods
If you don’t like the sound of e-wallet Casino, then you can always opt for a different payment method.
The easiest and fastest way to deposit money to any online casino is by using your debit or credit card, like your Visa, Mastercard, Maestro, or Visa Electron, as the money should appear in your account within moments. Withdrawals, however, can take up to a few days to be effected.
Remember that if you live in the UK, you are not allowed to use credit cards to gamble. Debit cards, however, are still okay.
There are now numerous online casino websites that accept lots of cryptocurrencies. These include the more popular Bitcoin Casino, Litecoin Casino, Ethereum Casino, and Dogecoin Casino, as well as lesser-known ones like Chainlink gambling sites, Monero gambling sites and more
While there are dedicated cryptocurrency Casino, there are many other mobile and online Casino that list these payment methods alongside more traditional ones.
Though safe, direct bank transfercan be time-consuming to set up and may take up to five business days for the money to go through. Withdrawals made using this method may also take quite a while to be processed.
However, you can always use Trustly – a third-party provider which allows you to make quick bank transfer payments.
Mobile casino payments are a way to maximise convenience and security while also keeping your spending in check. Mobile payment solutions at Boku gambling sites, Siru Mobile Casino and Zimpler Casino allow you to make online casino deposits via your phone bill or prepaid mobile plan.
The Paysafecardis a prepaid voucher system you can use when purchasing services online. While this service allows you to deposit money fairly easily, you cannot withdraw money through it, so you will still have to give your bank or credit/debit card details to the online casino.
E-Wallets vs Cryptocurrency Wallets
E-wallets are used to store and pay with fiat currency like the dollar or the Great British pound. On the other hand, crypto wallets are reserved for cryptocurrency like Bitcoin.
Our favourite cryptocurrency wallets are CoinsPaid, Coinbase, and the Edge app. It should be noted, however, that some e-wallets, likePayPalandWebMoneynow also offer a cryptocurrency wallet service.
E-Wallet Casino Conclusion
E-wallets’ ease of use, quick transfer times, and elevated safety features have made them a favourite payment method all across the world. We highly recommend considering them the next time you’re playing online.
E-Wallet Casino FAQs
Most online casino now accept e-wallet payments, and we have provided a list of the best ones above.
E-wallet deposits and withdrawals are among the fastest available. Deposits are instant, and most withdrawals are either instant or take up to 24 hours.
Electronic wallets are extremely secure as your banking information is not stored on the vendor’s server.
Yes. As a rule of thumb, if the casino accepts an e-wallet as a deposit method, then it will allow you to make withdrawals using the same e-wallet.
Yes, they are. You’ll find e-wallet payment methods like Skrill, NETELLER, and PayPal at virtually every major online casino.
Most of them certainly do! Scroll up for a list of Casino that accept e-wallets.
The answer to that question depends on your needs. For widespread accessibility and a reliable service, try Skrill or NETELLER. For low fees, try PayPal or MuchBetter. For international access, try MuchBetter or Jeton.
It’s a type of digital wallet used for cryptocurrency like Bitcoin and Litecoin. While some e-wallets offer cryptocurrency services, the two wallets should not be confused.
To get free credit or a free spins bonus at an e-wallet casino, you’ll need to claim a no deposit bonus or a welcome bonus with such benefits. Remember some e-wallets disqualify you from receiving certain bonuses.
Indeed you can! Most of the best e-wallet Casino are mobile-optimised, and many have dedicated mobile applications, too.
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