The most popular payment methods in UK casinos

When it comes to playing at UK casinos unless you have found yourself some kind of no deposit bonus, you are going to need to add funds to your account to play. In order to do this, you'll have to add a suitable payment method to your account that will allow you to deposit funds as and when you need.

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However, you don't want to just pay by any payment method, you want to make sure you're using one that is secure. You also want to make sure you can deposit and withdraw funds in a timely manner. There is nothing worse than a payment provider who takes weeks to process a payment you are due, because realistically you want your money as soon as possible.

Today we check out some of the most popular payment methods available in UK casinos and discuss why they are so popular, plus what some of the issues with them may be. So, let's take a look at what the most popular payment methods are.

The 4 Most Popular Payment Methods

PayPal

There is hardly anyone who hasn't heard of PayPal. A digital wallet that allows you to store a number of currencies from around the world and now cryptocurrencies such as Neo Coin as well. It's no surprise that it is incredibly popular with gamblers.

There are a whole host of reasons why PayPal is so popular including:

1. Depositing with PayPal on most casinos will make you eligible for their bonuses
2. PayPal doesn't charge you fees on deposits or withdrawals
3. PayPal is the most widely accepted payment method at UK casinos
4. Easy to use and quick to set up a PayPal account
5. One of the most reliable and secure payment systems

Because of its popularity you'll find PayPal available at a number of the best UK online casinos and you can find more PayPal casinos here. However, there is one drawback with some casinos that offer PayPal deposits.

This issue is that you may find with PayPal that sometimes casinos will allow you to deposit funds using it, but you may not be able to withdraw funds to it. For this reason you will also need to find a different payment method. Fortunately, we're going to take a look at some other popular options.

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Boku

Whilst many are not as familiar with Boku as they will be with payment methods like PayPal, it is an incredibly popular payment method used at many online UK casinos. You can visit Casinority UK to learn more about Boku online casinos but here are a few of the main reasons why it has become so popular:

1. Extremely secure because you don't have to share personal or bank details. So even if there was a breach at an online casino, you are protected.
2. No need for a bank account? That's right! Following the banking crisis many people stopped trusting them, that's why you don't need one with Boku. Just a working smartphone and a UK phone number.
3. Fees? What fees? Boku doesn't have any. Feel free to deposit your money without being charged to do so.
4. Processing times are quick and because Boku is phone based it's incredibly easy to use, making it one of the most convenient payment methods around.

Like PayPal there are some drawbacks though with the main ones being, because it relies on a phone, if your battery dies, you're pretty much screwed and won't be able to play. It's also not as suitable for players who think of themselves as high rollers because Boku has a maximum deposit limit of £30 per day. That doesn't stop it being so popular though.

Debit Cards

Well, it's the most commonly used payment method around the world, so of course it would end up on this list. Used to buy your weekly shop, tickets to the cinema or popular sports events, even for fuel for your car. And of course, used to make deposits at online casinos in the UK to allow you to play games.

Benefits of this payment method include being able to access your own money whenever you need to and the ability to instantly deposit funds into your account. You can also withdraw funds back to your debit card account as well, but this is usually done by a bank transfer and as quick as they are to take your money, it takes them longer to give it back at an average of 3-5 business days. So if you want to play with Mastercard debit card check our list Mastercard online casinos on the Casinority UK.

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Paysafecard

Paysafecard is a payment method growing in popularity, and works like a mixture of modern and traditional payment methods. It is essentially a prepaid card that has no fees, although you do have to buy the card first. You can access your account online and on your smartphone but these are not Boku casinos payment methods so don't get confused between the two.

The reasons it has grown in popularity so quickly are:

1. No fees are applied for transaction, unless the casino charges their own.
2. It is a very user-friendly service with quick and helpful Customer Support.
3. Extremely secure with no trail of your gambling on the internet.

You must use your card regularly though if you buy one, as inactive accounts end up being charged a monthly fee to keep them active after 12 months. Also, not all casinos allow you to withdraw funds back to your paysafecard so check first before deciding on this payment method.

Isabella Humphrey

Update 19 November 2022