Statistics show that there was an average of 292 million casino slot gamers by the end of Q4 of 2016. There are hundreds of real money casinos available, but the most popular are those you can play using real money and accept cards either as the primary or as an alternative mode of payment. The total prize money won in 2016 was more than $93 million. The debit card has high acceptance rates across many online casino games, it is convenient for many gamers, and it can help you control your spending.
Find the best online casinos for Australian players that accept debit cards here:
Debit Card Casino Payments Are Highly Popular
One of the greatest motivations as to why debit card casinos are gaining popularity is that you charge all your transactions on the funds in your bank balance, and you do not use debt money to play. This makes it easier to regulate your spending on casino games and the freedom to load any amount into your gaming account with money you already have in your bank account. Here are more reasons why it is popular.
It's Super Convenient To Use Debit Cards Online
After creating a free casino game account, verify the account using the link sent to your email inbox, and the next step is to link your debit card to your casino account. Start having fun by depositing funds and playing the game.
However, the transactions may be easy and straightforward, but setting up your debit card for use in online casino games, such as depositing funds is the biggest hurdle that many gamers face. Irrespective of which kind of debit card you use, either Visa Electron, Master Card, et al. they all have similar rules and security protocols. Many online casino games accept cash deposits using a debit card but will not accept fund withdrawals to your debit card.
Debit Card Casino Deposits Are Secure
Despite credit cards being more popular, what most people do not know is that you are more secure using a debit card on online platforms. The depositing process is easy and quick, and you can rest assured that the transactions are secure. The use of the chip and pin protection service of the latest debit cards makes it hard for online fraudsters to access your account.
Many online casino games accept Visa Electron and Master Card debit cards; this means that your money is safe from fraudsters. Besides, any debit card casino in 2017 must have an encryption system to protect its players.
How to Find a Debit Card Casino
Debit card payments are one of the most popular payment methods you can find in any online casino, which is why most established casinos naturally accept payments by debit card. You can easily find a reputable casino that accepts debit card payments by checking our casino reviews here. The bigger problem, however, lies in your bank and if they are willing to accept payments from your debit card to an online casino.
Advantages of Using Debit Cards on Online Casinos
Using debit cards on your favorite casino game is advantageous since it involves using funds you already have to play, meaning, you cannot get into debt while playing online. This makes it a reliable and easy way to play online casino games. Compared to other payment options, you get better security by using a debit card to transfer your funds to your gaming account.
Many casino games have the necessary licenses, and they have stiff regulations that govern their operations, though you will need to read reviews from other gamers to get a better understanding of how secure you are on each gaming platform. Here are more advantages that make using a debit card on online casinos the better choice.
Usability
Of all payment methods associated with online gaming, using debit cards at casinos is one of the easiest. You get a user-friendly interface, and the process of depositing funds into your casino account takes a few easy steps.
Limited Spending
Accidentally overspending is the bane of anyone playing any kind of casino. However, using a debit card reduces your chances of overspending by over 90%. Your bank account balance will dictate how much you can afford to spend on the casinos.
However, as good as it may sound, the buck stops with your ability to make good judgments.
Transaction Fees
Transaction costs are a sensitive issue in the world of online casino gaming. However, you should not have to pay the casino any transaction fees whether you are depositing funds into your casino account or withdrawing, irrespective of the amount. According to the law; the casinos are responsible for setting the transaction costs and the competition out there is fierce, so most make a point of not charging anything. This doesn't mean you won't see any payment transfer fees, though, because every kind of transfer mode available, including debit card transactions, incurs fees from the payment company or bank. So if you do see transfer fees, it would be wise to check with your bank before you close your casino account.
In conclusion, debit card casinos may be all the rage, but they are not available, or even suitable, for everybody. If your bank does not support online transactions or your debit account isn't set up for online transactions, you won't be able to choose this as your preferred casino banking method. And even if you can make online payments via debit card, you should double check that you have the option to select a debit card as your withdrawal option as well.
Check out our Debit Card Payment Method FAQ's for answers to all your Debit Card questions:
