Jenna james | October 29, 2021 | Updated on: February 22nd, 2024
Casino banking is the second most important part of the casino. As an Australian online casino gambler, you want to be able to make safe and fast deposits and withdrawals.
We at MyCasinoAdviser.com provide you with a guide to some of the most commonly used online payment options for Aussies. Also, we provide you with their pros and cons. We have selected the top-rated online casinos that provide safe and quick banking methods for Australian casino players.
Neosurf is one of our recommended payment options for online casino players because it is anonymous, safe, and reliable. The banking option is a prepaid voucher that you can purchase from various outlets.
The only disadvantage of this option is that as it is a prepaid card, you can’t use it for withdrawals.
Bitcoin
Cryptocurrencies have long been the most favored deposit/payout method of online casino players. It’s not a surprise and because they’re very reliable. Even more highly, they’re completely anonymous.
There are hundreds of different cryptocurrencies out there and their number keeps on increasing. Still, Bitcoin remains the most preferred method of the largest number of users
POLi
It’s not much of a surprise that POLi is a popular banking method among Australian players. First of all, this payment option is safe to use. We live in a day and age where online theft is a very serious concern, but if you’re using POLi to fund your online casino account, you have nothing to worry about.
However, there is one downside of Poli. You can’t use POLi for making casino payouts.
Neteller
One reason why players prefer traditional brick-and-mortar casinos is that online casino sites might take too long to process players’ withdrawal requests. Some take hours or even days to process.
You can use Neteller to make casino deposits that will end up in your account in a few moments. It’s a similar case when it comes to payouts. Neteller is one of the easiest withdrawal online casino options, which doesn’t take more than a couple of hours to process.
Visa
Over 30 million transactions are done through Visa cards every day. This number shows how popular this payment method is. Visa is one of the most used brands of credit/deposit cards in Australia.
Visa is debatably the safest payment method in the world. It’s also quick, considering that casino deposits are processed instantly.
MasterCard
Visa and MasterCard are the most widely accepted payment options globally. MasterCard is accepted in over 200 different countries worldwide.
Skrill
Skrill is also one of the popular e-wallets at this moment. This is because it is very easy to use. You can use it to send and receive money from an online casino that accepts it.
Entropay
Unfortunately, this casino banking option isn’t used by a large number of online casinos. Though, that’s bound to change as soon as they realize how good this option is. EntroPay’s virtual Visa cards can be used both for deposits and withdrawals, which are processed quickly.
ecoCard/ecoPayzecoCard/ecoPayz
If you want to keep your private data safe and your identity anonymous, using ecoCard/ecoPayz is a wise thing to do. It’s because this method uses an online protection system that will keep your private information safe.
Safety And Security Tips for Banking at Online Casinos
Banking through any online gambling site can be a disturbing experience. Your casino banking options might be limited, only giving you a handful of unsafe choices. We have put together a shortlist of tips to follow when banking at your online casino of choice:
Keep your information safe always.
Be sure that the online casino you choose has 128-bit encryption – a stock standard security measure at all FSPs
If using a certain eWallet option, be sure that the casino of you choose supports the eWallet that you have chosen.
When you use bank cards to make deposits or to withdraw winnings, most financial institutions do not charge any fee. However, you might be charged a maintenance fee from time to time. We advise you to check with your payment provider to know the fees you are obligated to pay
E-wallets are the fastest banking method for withdrawals. When you use the option to withdraw winnings, it takes between 0 and 24 hours to be processed.
If you deposit small amounts into your online casino account, consider using methods such as prepaid cards and e-wallets as they come with lower minimum deposits.
