Once you have signed up at an online bingo site, you need to select the deposit and withdrawal method that best suits you. Most online bingo sites offer a variety of safe and convenient payment methods that their customers can use. Some deposit and withdrawal methods are available internationally; however some are only available from specific countries.
Selecting a Deposit and Withdrawal Method
When selecting a deposit and withdrawal method, you first need to make sure that the method is accepted in the country that you find yourself in. Then decide if you want one method that can be used for deposits and withdrawals, as some deposit methods cannot be used for withdrawals as well, in which case you will need to use two methods. Once you have determined which methods are safe and secure your financial information, you can look if the bingo site offers any bonuses for any of the methods.
Credit cards are the most commonly accepted deposit method at online bingo sites. Be aware however that some banks do not allow the use of credit cards for online gaming. You should also be aware that if you use Master Card to make a deposit, you will not be able to withdraw your money using the same method. Rather you will need to use a different card for withdrawals or to open an e-wallet account. Some bingo sites may charge a fee for credit card use.
Debit cards are another widely accepted method for making deposits at online bingo sites. Commonly accepted debit cards include Maestro, Solo, Switch, Laser, Delta and VISA Electron.
E-wallets are a common and convenient method of making deposits and withdrawals at an online bingo site. Commonly used e-wallets include NETeller and Moneybookers and you will often also see ClickandBuy, Click2Pay, EcoCard, FirePay, Citadel, Webmoney and others. Players can use the same e-wallet account to make deposits and withdrawals. E-wallets are linked to a bank account or credit/ debit card which means that you can withdraw your funds into your e-wallet and then on to your bank account. You can make deposits in multiple currencies and your financial information remains secure when using e-wallets. Foreign currency exchange may be unfavorable, however, and there may be a fee involved, although this varies between e-wallets.
Prepaid cards have a specific balance which can be used to make deposits. Some of these cards can be recharged once the balance has been used. Paysafe Cards are a common type of prepaid card.
Bank Transfer or Checks
Bank transfers and checks are simple and convenient. The only drawback of using a check is that the processing time is usually much longer than when using other methods.
Ukash is a relatively new deposit method that customers in the UK are able to use. It is a convenient method as you purchase vouchers and these are then used to finance your bingo account. Your financial information remains secure. You will need to use a different method for withdrawing money.