How
to deposit with a prepaid card at an online casino
Prepaid options are not quite as popular as many other payment methods, but they offer distinctive features that the others do not. Here is a quick step-by-step guide on how to deposit at an online casino using a prepaid card:
1
Purchase a prepaid card from a store which sells them. Often you can select the amount for your prepaid card from a few different sum options.
2
When you have a prepaid card, you can log in to your casino and head to the cashier section to make a deposit. If you are new at the casino, sign up first to create an account.
3
When making a deposit, select the prepaid card as your payment option. You will then be prompted to enter the code on your card, which will consist of number and/or letters, or a card number and a security code.
4
Verify your transaction, wait a few moments, and you are all set. Depositing should not take longer than a few minutes, and then the money should be visible on your account balance.
The most popular
types of prepaid card casinos
As there as several credit cards and e-wallets, there are also multiple prepaid cards to choose from. Usually the prepaid cards you can use are restricted by their availability, as different types of cards are available in different countries and cities. The prepaid cards can be placed under a few different categories based on how they work, so we will go through the main types here.
Prepaid gift cards
Know a gambler who has a birthday coming up? Or might this be something that you would be interested in receiving yourself? After all, a prepaid gift card to be used for gambling is certainly never the amount on it, as it always has a chance of turning into a huge jackpot!
Gift cards work the same as they do in any regular store: Someone buys a prepaid card for a certain amount and gives it as a gift for someone else to use. Instead of casinos themselves offering these cards, they are bought from some major prepaid card retailers. VISA and MasterCard offer prepaid cards along with their credit and debit cards – these prepaid counterparts have a set amount on them and once it’s gone, the card expires. These companies are probably the go-to place to purchase a gift card, as they can guarantee unbeatable security and availability.
Reloadable prepaid cards
Reloadable prepaid card works very similarly to a debit card, but it is not linked directly to your bank account. If you buy a reloadable prepaid card, you can use the money on it and then return it to the same store to put some more money on it once you have run out. In some cases, you can do all the topping up on the internet, without the need to go visit a store.
Reloadable prepaid card is an excellent option if you wish to not use your debit card directly for security reasons. This way you run into no risk of someone gaining access to your bank account because you used an online casino. And unlike its disposable counterparts, the same card can be used over and over again by topping it up, meaning less waste.
Disposable prepaid cards
Disposable prepaid cards are one-off cards with a prepaid amount on them. You can use the money on the card in several instalments, so they are not exactly one-time use only, and with some cards you can combine the remaining amount on your prepaid cards to one. Unlike the name says, disposable prepaid cards are not always “cards” – it can be a code printed out on a receipt to you at a store.
The most famous and widely used prepaid card in the gambling world is probably Paysafecard. They are sold at hundreds of thousands of locations worldwide and have made paying for online games easy and accessible to all. The downsides to disposable prepaid cards are the facts that they are only sold at physical stores, meaning your purchases are limited to the store’s opening times, and the fact that you cannot withdraw any won money to a prepaid card.
Virtual prepaid cards
Virtual prepaid cards have one great advantage over many other types of prepaid cards: you do not have to leave the house to purchase one, and it is available for you to use quickly without waiting for the store to open or the card to arrive in post.
You can buy and top up a virtual prepaid card online, and you get the card details to use at your leisure on online casinos. A virtual card also means less plastic waste, as it only exists in virtual form. One of the most trusted virtual cards is called an ecoCard, which has been around for several years and is loved by the online gambling community worldwide.
Advantages
and disadvantages of using prepaid cards for casino deposits
Just like any other payment method, prepaid cards have their pros and cons. These are important factors to consider when choosing a payment method that works for you and your circumstances. Here is a handy list of the advantages and disadvantages to consider for prepaid cards:
Advantages
Prepaid cards are not linked to your
credit card or bank account, so you do not have to share any of those kind of sensitive information with the casino. Using prepaid cards adds an extra layer of security to your online transactions.
If you have a virtual card, it cannot be lost or stolen along with your wallet. Your details will be secure on the website.
Because prepaid cards are not linked to your bank account, you might find handling your gambling finances easier. By buying a prepaid card of a set amount per month, you can easily control how much you allow yourself to spend at the casino.
Disadvantages
Due to the way prepaid cards work, most of them will not allow you to withdraw any money from the casino. To make withdrawals, you have to select another payment type, such as wire transfer or an e-wallet.
Some prepaid cards have higher transaction fees than other payment types. Always check the fees beforehand so you know how much will be deducted.
Prepaid cards sold at stores can only be bought when the store is open. This also requires you to make a trip outside to buy one, which can be difficult during the holidays or late at night.
