Top 5 Most Secure Online Casino Payment Options In 2019

Casino gambling is a very lucrative activity – you can earn thousands or even millions of dollars with a lucky spin or wager. So you have to be extra cautious when choosing a regular payment option for online gambling.

After using your no deposit codes or casino free spins, finding a secure payment option is no easy task in this day and age. Just take a look at some popular European online casinos – you will see anywhere from six to 20+ unique payment channels!

Thanks to the rise of digital technologies, online payment solutions are popping up like mushrooms! So here is a quick and handy guide to the top five most secure payment options for online casinos in 2019.

1. Bitcoin

1. Bitcoin

In the cyber sphere, anonymity equals security, which is probably why it is so hard to come by! But in all seriousness, if you want maximum anonymity in your payment transactions, bitcoin is the way to go.

Unless you have been living under a rock this past couple of years, you have probably heard at least something about this amazing online-only cryptocurrency. You have to buy bitcoins from online cryptocurrency exchanges, and store them in a virtual wallet.

The great thing about bitcoin is that it doesn’t store any of your personal info or contact information. So neither the casinos nor any would-be hackers can gain access to your financial data.

Besides, the blockchain technology behind bitcoins makes it virtually impossible hack without access to your key/password. On top of everything, the transfers are near instantaneous, without any delays and more importantly, no fees as well!

The only downside with bitcoins and gambling is that not many online casinos offer bitcoin support.

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2. Trustly

2. Trustly

Originating in Sweden in 2008, Trustly is an incredibly popular online payment solution available in over 21 European countries. It is especially popular in Scandinavian and Nordic countries as well as Spain and Germany.

What makes Trustly so special is its lightning fast transfers and extreme user-friendliness. In addition, it is licensed by the Swedish FSA (the banking regulatory authority). That pretty much guarantees security similar to the best banks in Europe.

But Trustly is no bank – instead, it partners with major banks to provide cash transfers directly from your account. When you select Trustly, you are given the option to select your bank.

Use your online banking to log in securely and transfer cash instantly from your account to the casino. The beauty of this system is that neither Trustly nor your casino has any access to your banking information.

But you do need online banking to use Trustly, and if you are out of Europe, it is not an option for you.

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3. Skrill

3. Skrill

Skrill belongs to a new breed of online payment solutions popularly called electronic wallets, or e-wallets for short. In many ways, it is a direct rival to Paypal, albeit somewhat smaller in size.

Skrill is used mainly for quick online money transfer and payments, which of course, includes depositing cash in many online casinos.

Regarding security, the main advantage of Skrill in online gambling is that your banking information is not exposed to the casinos. Skrill acts kind of like a middleman, receiving cash from your credit card or online bank account before sending it securely to casinos.

Popular in many European countries, Skrill is compatible with over 40 currencies. It even supports bitcoin transactions.

On the downside, Skrill does charge fees for pretty much every transaction you make on it.

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4. Paysafecard

4. Paysafecard

If you want a payment method completely cut off from online banking, credit cards, or anything of that sort, Paysafecard is well worth a look.

It is a prepaid card that you can top up offline using cash for maximum anonymity. You don’t have to use credit cards or banking unless you want to.

You also have the option to buy these cards online. When you buy online you will have to use a credit card or net banking.

But even then, you are not exposing your personal details to any casino when using your Paysafecard. The 16 digit code you receive upon purchase is the only thing the casino gets to see.

The downside is that unless you can find a trusted online source, you will have to go to an offline shop to buy the prepaid card.

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5. Neteller

5. Neteller

Neteller is one of the most common payment options available at online casinos across the world. It is also one of the oldest payment technologies based on the internet.

Like Skrill, it is an online e-wallet which can be used to send money internationally in different currencies.

Like other e-wallets, Neteller is secure because it does not reveal your banking details or credit card numbers to online casinos. You can also keep your gambling activity invisible from your bank!

Neteller and Skrill are owned by the same UK-based company. Though Neteller charges fees on its transactions, these are quite low and the company also offers unique bonuses to regular users.

Considered by many as the original payment option for online casinos, Neteller owes its growth to online gambling. But in recent years it has had some issues.

Most importantly, Neteller may be shutting down its operations in the US in 2019, which is why it ranks so low on our list of top five secure online payment options for casinos this year.

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Conclusion

The number of online security threats keeps on growing with each passing day. Most online casinos have excellent security algorithms and encryptions.

But encryptions have never stopped determined hackers and thieves. So the onus is on you to reduce the amount of sensitive financial data that gets stored at any online site, including casinos.

The simplest option is to avoid paying directly at these casinos using a credit card or bank account. Look for these five alternatives or any other reputable option available in your location.

Published on: 2019/05/24