Top Payment Options for UK Online Casino Players
Online casino players living in the United Kingdom who sign up to today’s most trusted online casinos can use a wide range of payment methods when depositing and withdrawing.
Revealed on this page are some of the most secure, convenient, reliable, and easy-to-use online casino payment solutions that UK players commonly use to top up their accounts and then withdraw their casino winnings when the time comes.
Nowadays, many online casinos and bookmakers are actively using Apple Pay, providing players with the convenience of depositing and withdrawing funds. These Apple Pay Casinos without Gamstop offer a variety of games such as gambling, live dealer poker, sports betting and more.
What are the best UK online casino payment options?
At many of today’s best UK casino sites, such as the official 32Red online casino, which is licensed by the Gibraltar Gambling Commission and UK Gambling Commission, players can choose from a variety of trusted ways to pay.
After you sign up to this well-known online casino, you can stay up to date with the latest casino industry news by going to the 32Red Casino news section.
There’s also a blog with information about the latest online slots that will soon be arriving at this world-class casino site, which some of you may enjoy reading.
The most commonly accepted deposit and withdrawal methods are the following:
- Debit cards (e.g., Visa and Mastercard)
- Digital wallets, aka web wallets, aka e-Wallets (e.g., PayPal)
- Prepaid cards (e.g., Paysafecard, ecoPayz, now known as Payz)
- Bank transfers (via Trustly)
These perfectly secure payment methods are known for processing instant transactions, meaning players never wait for the money to arrive in their account and never have to wait long to receive their winnings.
Deposits are processed in an instant, and withdrawals can take 2-3 hours up to usually no longer than 12 hours. Some of these payment methods process deposits only, and others process deposits and withdrawals. We recommend using a payment method that does both.
Can I use my credit card to deposit at online casinos?
If you’re based in the United Kingdom and trying to deposit to a UK-licensed casino site, then, unfortunately, you cannot use a credit card to deposit. In April 2020, the Gambling Commission announced a ban on gambling operators accepting credit card deposits from UK-based players.
The law was designed to prevent at-risk players from topping up their online casino accounts with money they haven’t got.
What else should I be aware of when depositing at online casinos?
When you deposit with a method that processes deposits AND withdrawals, such as the PayPal e-Wallet, or the Visa and Mastercard debit cards, you generally have to use that same method to withdraw your winnings. This is also to prevent fraudulent activity from taking place, such as money laundering.
For example, if you deposit with PayPal, then you would have to cash out your winnings with PayPal. If you deposit with your Visa debit card, then you would also need to use that same Visa debit card to withdraw when the time comes, and so on.
The other thing you need to be aware of is that online casinos usually have minimum and maximum deposit and withdrawal amounts, so always find out these amounts before signing up to an online casino.
At 32Red, for example, you can deposit from as little as $/€/£10.00 (or equivalent currency value). There’s also a £10 minimum withdrawal amount. However, if you withdraw less than £100 when using the bank transfer method, you may have to pay a £5.00 fee.
Also, withdrawals of £100K or more may need to be processed incrementally over a certain period of time. This is fairly standard practice at most online casinos.
To answer the question, ‘Which is the best UK online casino payment option’, the answer is different for each player. For example, some people prefer to use their debit card to deposit and withdraw, and others prefer using e-wallets, such as PayPal.
In other words, there is no ‘best’ online payment option. It all boils down to what you prefer using as an individual. Just remember, before using one of these methods to deposit and withdraw, remember to double-check the amount you are trying to deposit/withdraw before confirming the amount.