Which Electronic Wallets to Use for Deposits and Withdrawals at Casino Ireland?
Today, there are many different payment options that you can use to make transactions. Each of these options has its own advantages and disadvantages, such as payment speed or fees.
In this article, we would like to take a closer look at e-wallets, how they work, and which ones are the best to use at casino Ireland.
What is an Electronic Wallet?
Put simply, an e-wallet is a digital wallet. You can top it up using your credit/debit card and then spend money however you want.
Many e-wallet providers also give their users the option of getting prepaid cards, which they can then use to pay offline in shops, withdraw money from ATMs, and conduct transactions at a casino Ireland.
In contrast to credit cards, with prepaid cards, you can only spend the money in your digital e-wallet.
How an E-wallet Works
First, you need to decide on a provider. There are now many established companies that offer internet wallets. Registering a digital wallet is always free.
After registration, you can top up the wallet. There are usually various payment methods available to you, such as bank transfers, credit cards, or other methods.
After the charge is complete, you can spend the credit in your wallet and use it to make a deposit at any casino you wish.
Top Digital Wallets
There are now many companies that specialize in electronic means of payment. The e-wallet providers differ on the one hand in the offer of other services that users can take advantage of with their wallet and on the other hand in the fees.
For example, at casino Ireland you can use the following e-wallets for deposits and withdrawals:
PayPal
PayPal is probably the best-known and oldest provider, which grew mainly through the link with eBay, but is now accepted almost everywhere.
With the PayPal wallet, you can easily send and receive money. To do this, you need to link PayPal to your bank account.
Neteller
Paysafe ‘s Neteller e-wallet is very popular among online casino players. With this wallet, you can easily deposit funds and withdraw your winnings.
In addition, you can also get virtual and physical payment cards or exchange cryptocurrency. The handy Neteller app makes it even easier to use.
MuchBetter
The relatively young fintech company behind the MuchBetter product has already made a name for itself in the gambling world.
Simple deposits and withdrawals and various products for contactless payments make MuchBetter very attractive to its customers.
Skrill
As another wallet product from Paysafe, Skrill offers a wide variety of payment options for topping up your account and various payment cards with which you can also pay offline.
In addition, you can use the e-wallet app to easily manage your balance, send and receive money or even exchange cryptocurrency.
ecoPayz
ecoPayz offers a cheaper alternative compared to other wallets. Here, too, payments are made very quickly, and you have the option of sending money to other users or to casino Ireland internationally.
How Safe are Electronic Wallets?
With e-wallets, you never have to worry about your safety. On the one hand, the transactions are carried out via SSL-encrypted connections and, on the other hand, each provider also has additional security functions that make payments even more secure.
With most digital wallets, you must first log into your account with your password before you can deposit any funds. In order to make a payment, many providers then need to confirm it with a security number.
Here are some other tips that will help you keep your account safe:
● Don’t share your password with any third parties.
● Always log out of your e-wallet when using a public computer.
● Make sure your internet connection is secure.
Which of the cryptocurrencies does the modern casino use?
Bitcoin
Most of the gaming establishments of the world operating on the Internet, not only accept bitcoins as payment, but also call it one of the best currencies for this purpose. In fact, the process of adding them to the balance of a personal account is very simple. For example, you can buy game coins by depositing an equivalent amount of bitcoin into your account. It is also possible to cash out winnings in cryptocurrency.
Ethereum
Ethereum competes with Bitcoin on an ongoing basis. However, it is «younger» than it – it was launched in 2015. However, casino has already appreciated its quality and is actively integrating it into its financial processes. In simple words, Ethereum is not just a cryptocurrency, but also a platform for creating decentralized online services based on the blockchain. The work is carried out based on the so-called «smart contacts».
Other cryptocurrencies
Of course, as the cryptocurrency market is rapidly developing, new options for digital money with their advantages and disadvantages are also emerging. They are not used as often as those mentioned above. Nevertheless, on the sites of some casinos in the world, you can deposit and withdraw funds using Dash, Litecoin, Zcash, Dogecoin, Ripple, Litecoin and others.
