How can I withdraw money from my mobile casino account?
Online casinos offer players a variety of options for withdrawing winnings including bank transfers, credit cards, e-wallets, and gift cards. In today’s world, it is important to understand each option to ensure you receive your winnings promptly.
There are several ways to make withdrawals from your online casino account. This includes traditional methods such as bank wire transfers and credit card payments. However, there is also a growing trend towards using eWallets such as PayPal or Skrill.
Steps to Withdrawing Your Winnings at Mobile Casinos
When making any withdrawals, the first thing you need to do is get in touch with your account manager. You will learn how long it takes to process the withdrawal before you even use this service. Some people have reported waiting up to 14 days which is unacceptable!
Once you have been given all the necessary information about your withdrawal, request for it to be processed. The next step would be to wait for this to happen. It could take anywhere between one day to two weeks depending on if it has to go through a few checks. When the funds arrive at your account, they should appear immediately so you can start playing again.
Many online casinos will only allow you to deposit to your new account once you are completely ready to play with your newly won money. If you don’t want to spend too much time trying to set up an account that allows withdrawals, then look into prepaid debit cards. These work similarly to a normal credit card but instead of charging up charges, you pay them off by setting aside a certain amount of cash each month.
Withdrawing large sums of money from your casino can put a strain on your budget. However, some credit cards provide instant access to your account while others charge a small fee every time you make a withdrawal. As well as providing more flexibility, some banks may also offer reduced rates when transferring large amounts of money.
It is now possible to find a wide range of different payment methods available to you whenever you wish to make a transaction. Whether you decide to transfer money to another player or use a prepaid debit card; it is essential to compare these methods to ensure you find the best value for money.
Payment Methods for Casino Withdrawals
Bank Wire Transfer: This method can be used by both new and existing customers. Unlike other types of withdrawal, this requires the person making the withdrawal to know exactly what their banking institution accepts. A wire transfer is usually sent to the same address as the original deposit to avoid delays. After 2-3 days, depending on the bank involved, it will generally show up on your statement.
Credit Card Payments: Many online casinos use this type of payment option. Although it will depend on the casino, it may cost around 3% per transaction. Most major companies like Visa and Mastercard provide free transactions for consumers in order to encourage business. Once charged, it will normally show up on your statement within 10-14 days.
Ewallets: An increasing number of online casinos now accept various forms of eWallet technology. There are many providers and many eWallet systems out there.
iDEAL: iDeal is a similar system to Paypal, which works very effectively for European players. Players who have an iDeal account can send payments to anyone else registered on the site. You can choose to hold onto your earnings until you reach a specific target, set yourself a daily limit, or link your accounts together so that you always have the minimum required balance.
Neteller: Neteller is a popular provider because of its simplicity. All you need to do is register with the company and confirm the details. Neteller provides a unique code and PIN that you must enter before spending any money. Then, after depositing, simply follow the prompts on the screen to withdraw the money. The only downside of using Neteller is that they take longer than most other providers to process deposits.
Prepaid Debit Cards: In recent years, several companies have emerged to compete head-to-head with credit and debit cards. Some are specifically designed to withdraw money from gambling sites while others are simply an alternative way to keep track of expenses. Anybody can sign up with a prepaid card provider and use them as their main form of payment at online casinos.
The biggest advantage of having a prepaid card is that it is not linked to any particular bank account. So you can even use multiple cards to create an ‘army’ with which to raid your opponents’ wallets! Since they are prepaid, you cannot lose anything when sending money to someone else’s account. They just stop working when they run out of money or expire.
The simplest way to get started with an eWallet is to set one up at an already existing website.