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    • Home > Bingo 101 > Payment Methods for Online Bingo Sites

      Payment Methods for Online Bingo Sites

      So you’ve checked out an online bingo site and maybe even sampled it’s goodies by playing with no deposit bonus money and you like what you see. When it comes time for you to deposit, there are virtually countless ways to deposit at bingo and so – lucky for you – countless ways to withdraw, too. Some depositing methods are more widely recognised than others, but your average bingo site should offer at least 3 or four different ways of depositing, with the best online bingo sites giving their users the option of all 5 of the following payment methods to ensure that you are able to deposit and withdraw using the option preferable to you.

      Credit Card

      Credit Card

      This is perhaps the most common method of payment, with every single bingo site you could possibly think of accepting your debit or credit card as standard. Whether you’re using MasterCard, or Visa, you will be able to deposit at a bingo site with a credit card and they use things like encryption or an SSL certificate (among other things) to ensure the security and safety of your deposit. Please bear in mind that your credit card company may issue fines to use this method of payment. I am sure you already know, but you also need to make sure that you are going to be able to re-pay the amount that you spend.

      Debit Card

      Debit Card

      Again, you will find that every single bingo site will accept this as a form of payment, so it doesn’t matter if you are using Visa Electron, Solo or Switch and these deposits will instantly come out of your account, so no need to make sure that you can re-pay what you spend! You will also never be issued with a charge to use your debit card to deposit at online bingo sites.

      PayPal

      Paypal

      PayPal is and extremely fast growing method of payment, and more and more bingo sites accepting Paypal as standard. PayPal is thought to be the safest, fastest and easiest way to deposit and withdraw because you do not need to enter your credit card details into every site that takes your fancy. All you do is set up a (free) PayPal account and input your credit card details once to fund your account and then start to enjoy this safe and simple method in which you simply transfer money to your bingo account. Some bingo sites do not yet accept PayPal, but with more people favouring sites that do take PayPal purely on the merits of their safe reputation alone, it is almost inevitable that one day all bingo sites will accept this as standard.

      Ukash

      Ukash

      With PayPal taking centre stage as the safest, easiest payment option, you may not even have heard of the prepaid method, but depositing with UKash voucher is every bit as safe and fast as using PayPal. You can buy UKash in shops, with each voucher holding its own unique 19 digit code. You simply input that code when you wish to deposit and your funds will instantly appear in your account. Because this method requires you to swap cash over the counter, you never need to divulge your private details, therefor eliminating any chance of fraud or theft. You can also now order a Ukash card that works as a credit card to transfer funds back out. You can then withdraw this cash from any ATM.

      Paysafecard

      Paysafecard

      A Paysafecard works exactly the same way as UKash, with you being given a 16 digit code. This is then entered into the deposit section of a bingo site and voilà – another extremely safe and easy payment option. Some bingo sites even give a higher deposit to those of you who deposit using this method – bonus! The only downside is that Paysafecard offer no way to withdraw, so if you sue this method you have to accept that, at some point, you will have to input your credit or debit card details or you could, alternatively, set up a PayPal account to cash out, however if that is the case then you might as well use PayPal to fund your account, too!

      Neteller

      Neteller

      This works in much the same way as PayPal, however instead of your account being linked to your bank account (and so the funds are automatically transferred from your bank via PayPal) you actually have to first fund your Neteller account with a credit card, debit card or bank transfer, which kind of eliminates the point! Neteller also heap on a fee for funding your account!

      Moneybookers

      Moneybookers

      Moneybookers (now Skrill) works the exact same way as Neteller, with the only difference being the fees, which are slightly lower in some cases.

      Click2Pay

      Click2Pay

      Again, this works in exactly the same way as Neteller and Moneybookers but it is worth mentioning so that you know what it involves if you ever see the little Click2Pay logo at your fave online bingo site. Again you have to fund your account and whilst Click2Pay itself is free to use, they also include a free to transfer your cash.

      Bank Account

      Bank Account

      Most bingo sites accept a bank transfer in which you transfer your money from your bank account to a third party like Western Union. You can then use this to deposit into your bingo account. However, a lot of users do not like this method because your details have to be shared with this third party. You also incur charges when you move money back and forth, which of course is not ideal when there are methods that allow you to do the same thing for free AND bingo sites may even charge you for depositing this way.

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