Best Online Casino Payment Methods

When looking for an online casino, there are many aspects that you should look out for. Out of the many aspects, online casino payment methods are one of the most important features that players would need to keep an eye on. Stressing on convenience, security and timing, online casinos like AW8 and IVIP9 have a wide range of hassle-free payment methods for players. These casinos also utilize the latest SSL encryption technology that will definitely keep all your private and personal information safe.

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The Most Popular Online Casino Payment Methods in Malaysia

Best Online Casino Payment Methods
Malaysia is a country with very diverse races, people and food. In this land of diversity, it is also very common to find many different banks and payment methods that people can choose to use in their daily life. Among many of the online casino payment methods that can be found, the more popular ones that are used by many in Malaysia are these.
  • Bank Transfers
  • QuickPay
  • Visa
  • Paypal
  • ecoPayz
  • Skrill
  • NETELLER
  • Wpay
  • Wepay
These online casino payment methods are some of the more preferred payment methods by not only Malaysians and Singaporeans but also among Asian casino players. It is very common for players to come across all these payment methods in online casinos. While some houses all of them, many house some or at least half of the payment methods listed above.

The Difference Between Deposit And Withdrawal Methods

the difference between deposit and withdrawal method
Players will come across deposits and withdrawals while they go through the online casino payment methods to choose when they play with real money. Many players instantly think that deposit and withdrawal are the same, but this is not the case.

Depositing is done before players start playing any games. Players will choose a payment method of their choice and deposit an amount that they would like to use on the games in a casino. Withdrawal on the other hand is done when players withdraw their winning amounts after playing in online casino games.

While it looks and sounds pretty straightforward. Online casino rookies may get confused with these things. This is because they may find a certain payment method available for deposit but not for withdrawal and a certain few for only withdrawal purposes and no deposit.

During deposits, the main aim of online casinos is for the transaction of money to be smooth and reflect quickly on the player’s account. Therefore, players will be able to find simple, straightforward and fast deposit online casino payment method.

For withdrawals, on the other hand, casinos emphasize efficiency and timing. Unlike deposits, withdrawals are more complicated. This is because online casinos would need to make sure that all given information is correct and detailed. Other than that, the withdrawal timings also vary according to the withdrawal method chosen by the player.

Different types of payment methods

These are some of the most used and famous online casino payment methods around the world and locally:
bank transfer

Bank Transfers

This payment method is very simple and straightforward that players wouldn’t have a headache trying to figure out how to use it as it is commonly used by people locally.
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skrill

Skrill

This payment method has a great international reach with very low fees to it. Players who mostly use sports-betting sites love this payment method due to its simplicity and easy navigation.
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visa

Visa

Visa is one of the most widely accepted online payment methods around the world. This includes the online casino world as well.
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paypal

Paypal

This payment method will assist players to make safe and easy online transactions without the need to expose their credit/debit card information
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ecopayz

ecoPAYZ

It makes it very easy for players to make a deposit and withdraw money in online casinos around the world with this account.
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quickpay

QuickPay

Similar to its name, this online casino payment method is great for players to check their balances and make quick transfers. 
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neteller

NETELLER

Players are able to store money in this online account, transfer money to other Neteller accounts, deposit/withdraw from online casinos and many more using their Neteller account.
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wpay

Wpay

The system of this online casino payment method is similar to those of PayPal. Players can make transfers and have an account to track their money in WPay.
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wepay

Wepay

This online casino payment method is becoming very popular among online casinos around the world due to its simplicity and efficiency.
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The Criteria Used Yo Compare Payment Methods

All our online casino payment methods were compared, analysed and broken down using these criteria.

a. Ease of use

How easy it is to use this payment method when players are making a transaction. Are there many steps involved or can players complete the payment in just a few simple steps?

b. Availability

This is very important as it varies according to where you are from. So in each online casino payment method, players will be able to find out if it is available or suitable for them according to the countries listed in the payment method.

c. Processing times

Processing time is a factor that can make or break a player’s payment method choice. This is because some players are okay with waiting for their payments while some are not. So the payment methods listed above can satisfy both player types.

d. Transaction fees

This depends on the bank and the payment service themselves. We have listed payment services that have fees on the higher side and others that are on the lower side.

How To Choose The Payment Method That Best Suits You

How To Choose The Payment Method That Best Suits You
  • Make sure that the online casino payment method you prefer is not a rare one and is well used in the country you are from. This will make transactions easier.
  • Test out and choose a payment method that has great customer service.
  • List down your priorities and what you are looking for in the desired payment method and go from there.
  • Look for online casino payment methods with no extra fees if you are unwilling to pay for any as many e-wallet payment options offered in online casinos comes with extra fees,
  • Learn about the deposit and withdrawal time. If you are willing to wait for your deposits and your withdrawals, this point wouldn’t matter, But if you are impatient, make sure to choose a payment method that’s fast.

Conclusion

In conclusion, online casinos these days are filled with an abundance of payment methods for players to choose from according to their own convenience and choice. To start, list down all your priorities and what are the main things you are looking for in a online casino payment method. This way, you will get your answer after filtering through the payment methods available on online casino in Malaysia.


FAQ

How do you pay for an online casino?

Online casinos usually list down a selection of payment methods on their site. You can choose a preferred online casino payment method from that and proceed to make the deposit to pay for your games. You can contact the customer care service if you encounter any issues or if you are unsure of how to make a deposit.

Which online casino pays out its players the best?

While there are hundreds and hundreds of online casinos out there, not every casino functions the same way. According to the extensive research done by us, AW8, IVIP9, UEA8ET, JACK998 and GCWIN99 are some of the best online casinos in recent days that pays out their customers well.

Do online casinos accept credit cards as a payment method?

Credit cards are one of the most famous forms of online casino payment methods. So players shouldn’t have any problems with finding an online casino that accepts credit cards. But it's always best to communicate with customer care to make sure that it's accepted.

Is online banking an allowed payment method in online gambling?

It is allowed in most of the online gambling platforms. Online banking after credit cards is the most preferred online casino payment method among players. Therefore, most online casinos accept online banking as a online casino payment method. Players would need to however check if online banking is a payment method that’s accepted in the online casinos they are planning to register at.

How Long Does It Take To Make Deposit and withdrawal in Online Casino Malaysia?

This mainly depends on the payment methods chosen by players and the online casino itself. This is because some online casinos have their own processing time on top of the time the bank itself will take. While the deposit process is relatively fast, from mins to max an hour. The withdrawal process is more complicated which requires more time. The timing usually varies from a few hours to 5 working days depending on the payment method chosen by players.

Which payment methods are more safe & secure?

Usually, all online casino payment methods mentioned above are safe. This purely depends on the casino itself. If the casino is shady then you should be more careful of giving out your card information for payment methods. But if the online casino is reliable then you shouldn’t have any issue with finding a payment method that’s safe and secure.

Which is the best payment method for online gambling?

This is a very difficult question to answer as the best payment method differs among players. It all comes down to your personal choices. Payment methods such as bank transfers, credit/debit cards, E-wallets, QuickPay, Skrill, Visa, ecoPayz, NETELLER are very famous. It mostly depends on which players prefer.
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