Mobile Credit and Debit Card Payments
It is highly likely that you have used your credit or debit card to make online payments in the past. Today, this is an extremely easy and secure thing to do, even from a mobile phone. Nearly everyone has some form of bankcard and if you don’t, it is not hard to get one. Therefore, it is no surprise that in much of the world, bankcards are the most popular online payment method.
The advantages are obvious; payments are extremely secure, processed instantly, and easy to carry out. However, there are some disadvantages to be aware of. For example, some banks do not allow online gambling transactions while in some jurisdictions, only debit cards may be used and not credit. Therefore, rather than assuming that you will be able to use your credit or debit card, it is worth doing some basic research. Don’t worry if it turns out that it is not possible, you will find that there are plenty of other options.
Mobile e-Wallet Payments
e-Wallets have grown to be hugely popular over the past couple of decades. They provide instant deposits and once your withdrawal request has been processed, the transaction will also be instant. e-Wallets are also an excellent choice for those concerned about security and privacy. They remove the need to share any of your banking details with the casino. Usually, an e-wallet will have an app that you can install on your phone and this will make it very easy to manage, top up, withdraw, and so on.
There are a few issues you need to be aware of before using a mobile e-wallet. For example, nearly all of them do charge some kind of fee for topping up and withdrawing, while others may also charge a transaction fee. However, the fees are usually extremely small and as such, they remain a very popular option. Examples of e-wallets you can use with ease from your mobile device include Skrill and Neteller.
Mobile Prepaid Card Payments
Prepaid cards are excellent for those with privacy concerns. They are also popular with those who, for whatever reason, cannot open a bank account or do not have a bankcard. There are many different prepaid cards and usually they can be bought in newsagents and other shops. As such, people only need cash in order to deposit into their casino account. The cards come with a PIN that is entered into the casino cashier to deposit the funds. Of course, there are some obvious disadvantages, such as the fact that you will have to visit a shop before you can top up your account. Furthermore, you cannot withdraw to prepaid cards. However, for many people prepaid cards remain the best mobile payment option.
Mobile Bank Wire Transfer Payments
Today, bank wires are considered somewhat old fashioned. However, many players still use them to deposit funds straight into their casino accounts. Bank wires are known to be extremely secure thanks to the checks that banks will carry out before sending any funds. However, the downside of this is that they are very slow and it can take as long as seven business days for the funds to become available in your casino account. Furthermore, banks often charge quite a hefty fee for wire transfers. As such, this is becoming less of a popular method.
Mobile Instant Bank Transfer Payments
Today there are many third party services that are able to carry out instant bank transfers. These are becoming increasingly popular as they offer extremely high levels of privacy and security, and they are extremely easy to carry out, even from a mobile phone. The services, such as iDEAL And Giropay, act as a link between your bank account and your casinos account. There is no need to set up any special accounts, you just login to your online banking and the transfer is conducted that way. The only downside is that not many of these services allow for withdrawals.
Choosing a Mobile Payment Method
It is important that you understand the different types of payment methods available before you choose one. You can then begin to research the specific methods and decide which one will best suit your needs. There are a number of things that you should keep in mind while doing your research. The most obvious place to start is by looking at the payment methods that are available where you live. For instance, Giropay is only available in Germany, so if you are in the UK then there is little point in researching it. There are also restrictions on some e-wallets and where they can be used. Therefore, first make sure that the payment method is available where you are.
One thing that you do not need to worry about too much is security. All of the payment methods at Spin Rio offer very similar levels of security. There is almost no chance of your money or privacy being compromised. However, the methods do differ slightly in the nature of the privacy that they offer, and it is worth giving this some thought. For example, if you deposit using a debit card, then you will have to enter your card information. If you use an e-wallet then you will only have to login to your wallet. Alternatively, if you use a prepaid card, then you will not have to share any information whatsoever. While your information is very well protected, it is understandable if you have reservations.
You should also keep transaction speeds in mind when choosing a payment method. There would be nothing more frustrating than running out of funds in the middle of a gaming session and then having to wait hours for more to arrive. Luckily, nearly all deposits are processed instantly, but it is worth double checking. Similarly, it is worth double checking that no fees are charged by whichever method you choose to use. These issues are less urgent when it comes to withdrawals, but it is still worth ensuring that you are fully informed.
It is worth taking the time to do some thorough research. Hopefully it is something that you will have to do just once as if you get it right the first time, there is no reason why you should ever have to change payment method.
Mobile payments at Spin Rio really are easy, but it is understandable that people do worry about them. There are plenty of fast, easy to use and secure mobile payment methods, so take a bit of time to research and you are bound to find one that fits your needs. You can then relax and focus on the more important things, such as which slot to spin or whether you should double down on that blackjack hand.