Last Updated on by Amelia Cassiday
Deposit Methods Available at Bingo Sites
Playing at online bingo sites is very similar to playing at real, brick and mortar bingo clubs and halls. You still have to buy your bingo cards at every online bingo site, the same as if you were playing in the real world, buying a bingo card before the game started.
If you are new to online bingo gaming or, if you have up until now only been playing online bingo games for fun, you may be wondering how to go about funding real money online bingo gaming. Online bingo has been around for quite some time now and has only been getting better and better.
Actually setting up an online bingo gaming account and funding your real money bingo is quick and easy. There are also several effective, secure and simple online payment options available to you. These digital payment options are used by the vast majority of online bingo sites and now you can see them for yourself in our easy guide to choosing online payment options for bingo.
Finding the Right Online Payment Option for You
Not everyone is the same and not everyone has the same needs when it comes to finding the best payment option for funding online bingo. For instance, not everyone has a credit card, or even a bank account. It would be a sad state of affairs indeed if you couldn’t enjoy the convenience and fun of real money online bingo simply because you didn’t want to have a credit card. Fortunately there are plenty of interesting and innovative options available these days for all sorts of online transactions, not just online bingo gaming.
Let’s take a closer look at the top payment options available on all good online bingo sites. Remember that different sites powered by different software companies may have different deposit options available, for example, new Virtue Fusion bingo sites could have different options compared to Cozy sites etc.
Credit and Debit Cards
Credit cards have always been a popular option for online gamblers thanks to their sheer convenience and high level of security. Top credit card brands include Visa, MasterCard and American Express (Amex Card). However, not everyone can qualify for a credit card at their bank, some players also prefer not to use them.
Debit cards present a good alternative and are much easier to acquire. The main reason for this is that, with a debit card, you need to have money in your bank account. In other words, they do not work on credit, you need to already have funds in place. Many players prefer using debit cards as it is much easier to control how much you spend at any one time playing online bingo. Top credit card brands including Visa and MasterCard have their own debit card brands such as Visa Electron and Maestro.
PayPal is one of the most instantly recognised and most widely accepted online payments in the world. While PayPal is classified as an eWallet, it is one of the original brands and is generally more recognised than other eWallet options. PayPal is widely accepted at the vast majority of UK online bingo sites, both for deposits and for withdrawing winnings. The method is fast and secure, with instant deposits and very fast payout times, often under 24 hours.
Aside from it being incredibly safe and secure, one of the biggest advantages of using PayPal is that you can do so much with it while online. For instance, you can make instant deposits at your favourite online bingo site or withdraw winnings and make other purchases at one of the thousands of online sites that accept PayPal, all in one process. We list some of the best Paypal bingo sites uk that you can sign up and deposit at using Paypal.
Prepaid card options are becoming more popular and are entirely separate from eWallets or bank cards. In fact, you do not even need to have a bank account in order to use one of the top prepaid card brands online. This is because prepaid cards work on a voucher system, where vouchers of a certain value can be purchased for cash offline. Top prepaid card brands such as Ukash or PaySafeCard have thousands of participating outlets all over the world. You can buy prepaid vouchers from retail outlets, service centres and many other locations.
All you need to do is visit an authorised prepaid card merchant and purchase one of the fixed value vouchers. You can buy more than one at a time to make up whatever amount you need. Each of these vouchers includes a specific PIN code, which you need to use when uploading the funds to your online bingo account. Prepaid cards are very popular because there is no need to have a bank account, credit card or even debit card. There is also no need to divulge sensitive banking information online and you can be completely anonymous too. However, the one drawback to prepaid cards is that they cannot be used to withdraw winnings. For withdrawals, you will have to choose another method, such as one of the many eWallets now available at online bingo sites.
While we have already mentioned PayPal as a leading and iconic online e-Wallet payment option, it certainly isn’t the only one available. In fact, there are more online e-Wallet options available to choose from than virtually any other type of payment system. E-Wallets are popular with online bingo players who prefer not to divulge their bank account information online. While all of the following online e-Wallet options have different names, they all work in more or less the same way. All e-Wallets provide a safe and convenient way to transact with online bingo sites, with instant deposit processing and fast withdrawals.
Bank Transfer and other methods
It is also possible to make reliable and safe payments to your online bingo account directly from your bank account. Some players prefer this option since they already have a reliable bank account and can simply add their online bingo account to their online banking list of beneficiaries. This is also known on some bingo sites as a wire transfer and is very easy to do. Some online bingo sites will also allow you to fund your bingo account with a cheque deposit, which may take longer than other options but is preferred by some players. Wire transfers using established facilitators such as Western Union is another, more traditional option which is available at various bingo sites.