Safe Casino Banking Overview
The biggest concern that all online players have is the security of the online casino. There are several different types of banking options which are offered by the online casinos. However, not all of them are convenient to all and not all of them are the same. Banking options for players depend on the casino itself and the place of residence of the player. Safe banking is one of the most critical factors which are looked upon very closely by the casino as well as the approving authorities. Every approved online casino is required to offer a number of secure and safe banking methods for players to allow them to make transactions.
The speed of these transactions will depend on the method which is being used for banking. There are several different methods for conducting transactions like Click2Pay, credit cards or e-wallets. Ultimately, it will be the online casino responsibility to ensure that all of their transactions are carried in timely manner and that there are no problems with the payments. Again, security is also quite important. Casinos should use at least 128 bit SSL encryption on their site when they are handling any type of financial transactions. This is an industry standard for security and all leading casinos make use of it today.
How about online casinos' transactions?
In order to able to transact money to and from online casino, any player will have to first register for a monetary account and will have to provide financial details in order to fund the account. There are several different deposit options which are listed at the online casino site. There should be a description for each method, the fees which are applicable and any other details.
All the information which is provided by a player has to be safely stored on the SSL of the casino software platform. The player can then easily make any type of financial transaction as required. These transactions are carried out over the internet and are scrambled with the encryption. The information can only be decoded by an authorized casino employee that prevents any type of data leakage.
All the withdrawals and deposits can be done through third party, wire transfers or mailed check. The deposits are processed and are made available for use. Withdrawals which are done for the first time on the account can usually take longer due to fraud prevention measures like the Fax Back forms which are used by the casinos. Some casinos might ask the players to fax back some information to them like a copy of utility bill or driver's license.
Most online casinos accept deposits through bank money transfer(e.g. Western Union), EziPay, EntroPay, UseMyWallet, PaySafeCard, UseMyBank, Neteller, FirePay, MyCitadel, click and Buy, PaySafeCArd, InstaDEbit, EcoCard, Ukash, Delta, MoneyBookers, Click2Pay, all types of credit cards.
For withdrawals, the options provided by most casinos include a certified check, wire transfer, electronic fund transfer, direct bank transfer, EziPay, UseMyWallet, UseMyBank, Neteller, EntroPay, EcoCard, MoneyBookers, Click and Buy and Click2Pay.